Independent Oversight by Outside Officers and Criteria for Appointing Independent Officers
First written in FY2018. 5 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2023: 2 of 19 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「This individual has held key positions at NTT Corporation and NTT East Corporation and possesses extensive experience and considerable expertise in information and communications, including information technology and network technology. We appointed this individual, who holds a key position at an NTT Corporation group company with which we have entered into a capital and business alliance agreement, in the expectation that the appointment would further deepen coordination and cooperation between the two companies and that the individual's oversight of business execution and advice from a specialist perspective would contribute to realizing our business plan and growth strategy.」
Ebihara Takashi (海老原孝), who was responsible for information and communications and network technologies within the NTT Group, was presented as a candidate for outside director, continuing and strengthening the framework for coordination with NTT, specialist advice and oversight of business execution. - FY2024AdvancedAnnual report
「We appointed this individual, an employee of Nippon Telegraph and Telephone Corporation, with which we have entered into a capital and business alliance agreement, in the expectation that the appointment would further deepen the coordination and cooperation between the two companies and that the individual's oversight of business execution and advice from a specialist perspective would contribute to realizing our business plan and growth strategy.」
With 5 outside directors in place, an employee of NTT, a major shareholder and capital and business alliance partner, was appointed as an outside director. The structure combines independent oversight with specialist advice in information and communications and network technologies. - FY2019AdvancedAnnual report
「When appointing outside officers, based on the Company's Criteria for Appointing Independent Officers, we determine that an outside officer is independent of the Company and unlikely to have a conflict of interest with general shareholders if none of the following items applies.」
The criteria for the independence of outside officers were organized into 10 items covering major shareholders, major business partners, donations, compensation and other matters, with operating thresholds such as 2% for major business partners and ¥10 million annually explicitly stated. - FY2018First statedAnnual report
「We appoint outside directors with the expectation that they will use their extensive experience and broad knowledge to oversee management as a whole and perform a checking function from an objective perspective independent of our management team.」
The policy of expecting outside directors and outside corporate auditors to provide oversight and audit functions from an independent, objective perspective, along with the criteria for appointing independent officers, is specifically described.