Strengthening Governance by Transitioning to a Company with an Audit and Supervisory Committee
First written in FY2016. 2 of 9 entries say "Achieved", first in FY2017. Latest entry: 2026-04-30.
- 2026-04-30RestatedGeneral Meetings of Shareholders
「The Company is a company with an Audit and Supervisory Committee. In principle, all directors who are Audit and Supervisory Committee members attend Board of Directors meetings, express opinions as appropriate on the Company's management and other matters, and exercise their voting rights, thereby auditing and supervising the execution of directors' duties and the status of the Company and its subsidiaries.」
The framework of a company with an Audit and Supervisory Committee and its auditing and supervisory functions were reaffirmed. - FY2023Updated board compositionAnnual report
「The Board of Directors comprises 7 directors excluding directors who are Audit and Supervisory Committee members and 3 directors who are Audit and Supervisory Committee members, including 2 outside directors, as of the filing date of the annual securities report.」
The Company has maintained its company-with-an-Audit-and-Supervisory-Committee structure and reported a composition of 7 directors who were not Audit and Supervisory Committee members and 3 directors who were Audit and Supervisory Committee members as of the filing date. - FY2023-Q2AchievedAnnual report
「1 June 2022」
The increase of 2 directors who were not Audit and Supervisory Committee members and the change in assigned positions resolved in the previous fiscal year were implemented effective 1 June 2022. - FY2022Decision to increase the number of directors and change their assigned positionsAnnual report
「At the Annual General Meeting of Shareholders held on 25 May 2022 and the Board of Directors meeting held on the same day, the Company resolved to increase the number of directors excluding directors who are Audit and Supervisory Committee members by 2, with the additional directors scheduled to take office on 1 June of the same year. From that date, the Board of Directors will comprise 10 directors excluding directors who are Audit and Supervisory Committee members and 3 directors who are Audit and Supervisory Committee members, including 2 outside directors.」
While maintaining its company-with-an-Audit-and-Supervisory-Committee framework, the Company stated that it planned to increase the number of directors who were not Audit and Supervisory Committee members by 2, effective 1 June 2022. - FY2021Updated board compositionAnnual report
「The Board of Directors comprises 8 directors excluding directors who are Audit and Supervisory Committee members and 3 directors who are Audit and Supervisory Committee members, including 2 outside directors, as of the filing date of the annual securities report.」
The Company has maintained its company-with-an-Audit-and-Supervisory-Committee structure and reported a composition of 8 directors who were not Audit and Supervisory Committee members and 3 directors who were Audit and Supervisory Committee members, including 2 outside directors. - FY2020Updated board compositionAnnual report
「The Board of Directors comprises 9 directors excluding directors who are Audit and Supervisory Committee members and 3 directors who are Audit and Supervisory Committee members, including 2 outside directors, as of the filing date of the annual securities report.」
The Company has maintained its company-with-an-Audit-and-Supervisory-Committee structure and reported a composition of 9 directors who were not Audit and Supervisory Committee members and 3 directors who were Audit and Supervisory Committee members, including 2 outside directors. - FY2018Updated board compositionAnnual report
「The Company is a company with an Audit and Supervisory Committee. It has established a Board of Directors and an Audit and Supervisory Committee, and 8 directors excluding directors who are Audit and Supervisory Committee members and 3 directors who are Audit and Supervisory Committee members have been elected.」
The Company has maintained its company-with-an-Audit-and-Supervisory-Committee structure and reports that, as of the filing date, it had 8 directors who were not Audit and Supervisory Committee members and 3 directors who were Audit and Supervisory Committee members. - FY2017AchievedAnnual report
「The Company is a company with an Audit and Supervisory Committee. It has established a Board of Directors and an Audit and Supervisory Committee, and 6 directors excluding directors who are Audit and Supervisory Committee members and 3 directors who are Audit and Supervisory Committee members have been elected.」
The change from a company with a board of company auditors to a company with an Audit and Supervisory Committee was implemented, and the Audit and Supervisory Committee structure has been established. - FY2016First statedAnnual report
「To strengthen the Board of Directors’ audit and supervisory functions and further enhance corporate governance, the Company transitioned from a company with a board of company auditors to a company with an audit and supervisory committee, pursuant to a resolution of the 59th Annual General Meeting of Shareholders held on 27 May 2016.」
The Company changed its corporate structure to improve audit and supervisory functions, transparency and objectivity.