Proactive governance that combines swift decision-making with effective oversight
First written in FY2016. 8 of 16 entries say "Advanced", first in FY2020. Latest entry: 2026-09-16.
37 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「As of 18 June 2024, the Company changed the composition of its Board of Directors to 6 directors, 4 of whom, constituting a majority, are independent outside directors, thereby promoting the separation of management and execution and further strengthening corporate governance.」
The Board of Directors was changed to a 6-member structure, including 4 independent outside directors, and the separation of management and execution and the strengthening of oversight functions were implemented. - FY2024AdvancedAnnual report
「In connection with the intra-group reorganization carried out effective 1 October 2023, with the Company as the surviving entity and its wholly owned subsidiaries LINE株式会社, ヤフー株式会社, Z Entertainment株式会社 and Zデータ㈱ as the parties to the reorganization, the number of directors was streamlined from 10 to 7, including 3 independent outside directors. This was intended to speed up decision-making and strengthen oversight functions by increasing the proportion of outside directors.」
In connection with the intra-group reorganization, the Board of Directors was reduced from 10 to 7 members, including 3 independent outside directors. The Company also disclosed plans to have 4 of the 6 directors be independent outside directors following the Annual General Meeting of Shareholders. - FY2024-Q2Retirement of officers and changes in positionsAnnual report
「Director, Senior Executive Officer, CGSO (Chief Group Synergy Officer) E-Commerce CPO Ozawa Takao (小澤 隆生) 30 September 2023 Director, Senior Executive Officer Entertainment CPO Masuda Jun (舛田 淳) 30 September 2023 Director (Audit & Supervisory Committee Member) Hatoyama Reito (鳩山 玲人) 30 September 2023」
3 directors retired as of 30 September 2023, and positions including Representative Director, President and CEO were also changed as of 1 October 2023. After the changes, there were 6 men and 1 woman among the officers, with women accounting for 14%. - FY2023AdvancedAnnual report
「The Company plans to carry out an intra-group reorganization effective 1 October 2023, with the Company as the surviving entity. The parties to the reorganization will be the Company and its wholly owned subsidiaries LINE株式会社, ヤフー株式会社, Z Entertainment 株式会社, and Z データ株式会社.」
An intra-group reorganization dated 1 October 2023, involving Z Holdings, LINE, ヤフー and others, is planned, shifting from a framework in which the holding company provided oversight and the operating companies conducted business operations. - FY2021AdvancedAnnual report
「At the time of the management integration in March 2021, 4 of the 10 directors were appointed as outside directors (independent officers) to provide oversight and make decisions from objective and diverse perspectives, thereby strengthening oversight functions and improving the quality of decision-making.」
Following the integration with LINE, 4 of the 10 directors were independent outside directors, and an oversight structure was established that included the Audit & Supervisory Committee, the Nomination and Compensation Committee, and the Governance Committee. - FY2021-Q1Full-time audit and supervisory committee structure finalizedAnnual report
「Full-time Audit & Supervisory Committee Member Audit & Supervisory Committee Member Usumi Kosei (臼見 好生) 23 June 2020 Full-time Audit & Supervisory Committee Member Audit & Supervisory Committee Member Onizuka Hiromi (鬼塚 ひろみ) 23 June 2020」
As of 23 June 2020, the distinction between full-time and part-time status for the 2 Audit & Supervisory Committee members was clarified, establishing a full-time structure for the Audit & Supervisory Committee. - FY2020AdvancedAnnual report
「To separate management and oversight, we have structured the board so that non-executive directors constitute a majority. In nominating director candidates, the board considers proposals from the nomination and compensation committee, assesses candidates’ performance, experience, knowledge and standing at our company or other companies, resolves on suitable candidates, and submits them to the general meeting of shareholders.」
In addition to the framework of a company with an audit and supervisory committee, it discloses the actual governance structure, with non-executive directors holding a majority and candidates selected through the nomination and compensation committee. - FY2019Planned restructuring of the board compositionAnnual report
「As agenda items for the annual general meeting of shareholders scheduled for 18 June 2019, we proposed the election of 6 directors, excluding directors who are audit and supervisory committee members, and the election of 3 directors who are audit and supervisory committee members. If the proposals are approved as originally submitted, the company’s officer structure is expected to be as follows.」
A new officer structure consisting of 6 directors and 3 audit and supervisory committee members is planned after the annual general meeting of shareholders. Women are expected to account for 11% of the board under the planned structure, which will change from the existing composition. - FY2019-Q1Retirement of 2 outside directorsAnnual report
「Outside director ― Arthur Chung 10 July 2018 Outside director ― Alexi Wellman 10 July 2018」
2 outside directors retired effective 10 July 2018, resulting in a change in the composition of the governing body. - FY2018Planned Change in the Representative Director and PresidentAnnual report
「As agenda items for the annual general meeting of shareholders scheduled for 25 June 2018, we proposed the election of 6 directors, excluding directors who are audit and supervisory committee members, and the election of 1 director who is an audit and supervisory committee member. If the proposals are approved as originally submitted, the company’s officer structure is expected to be as follows.」
It disclosed plans to transition to an officer structure with Kentaro Kawabe (川邊 健太郎) as representative director, president and CEO, and Manabu Miyasaka (宮坂 学) as chairperson of the board. Women are expected to account for 33% of the board after approval. - FY2017Additional proposal for director candidatesAnnual report
「As agenda items for the annual general meeting of shareholders scheduled for 20 June 2017, we proposed the election of 6 directors, excluding directors who are audit and supervisory committee members, and the election of 3 directors who are audit and supervisory committee members.」
It proposed the election of 6 directors, including 2 outside director candidates, and 3 audit and supervisory committee members, and indicated that women would account for 22% of the board after approval. - FY2017-Q3Change in Board CompositionAnnual report
「Following the submission of the annual securities report for the previous fiscal year, changes in officers during the cumulative period of the current quarter were as follows.」
Jonathan Brock (ジョナサン・ブロック) became a director, while Nikesh Arora (ニケシュ・アローラ) retired as chairperson of the board. The composition of the governing body changed. - FY2016First statedAnnual report
「To balance the “proactive governance” that enables fast, responsive management decisions in the internet industry with a structure for “transparent, fair, swift and decisive decision-making” sought by Japan’s Corporate Governance Code, we transitioned to a company with an audit and supervisory committee in June 2015.」
It explains the separation of roles between the board of directors and executive officers, the appointment of 3 audit and supervisory committee members, 2 of whom are independent outside directors.