Management oversight structure involving outside officers, nomination committees and other bodies
First written in FY2017. 4 of 7 entries say "Advanced", first in FY2018. Latest entry: FY2024.
The whole theme swung hardest in 2025: 9 of 86 companies on the "Worse" side.
83 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Company’s Board of Directors currently consists of 10 directors, including 4 outside directors. Ordinary Board meetings are held once a month in principle, with extraordinary meetings held as needed in urgent cases.」
The Company continues its management oversight structure comprising 10 directors including 4 outside directors, the Strategy Meeting, and the Nomination and Compensation Committees. - FY2023AdvancedAnnual report
「The Company’s Board of Directors currently consists of 10 directors, including 4 outside directors. Ordinary Board meetings are held once a month in principle, with extraordinary meetings held as needed in urgent cases.」
The structure changed from 8 directors including 3 outside directors to 10 directors including 4 outside directors. The Company also specifies that independent outside directors constitute a majority of the Nomination and Compensation Committees and serve as their chairs. - FY2022RestatedAnnual report
「The Company’s Board of Directors currently consists of 8 directors, including 3 outside directors. Ordinary Board meetings are held once a month in principle, with extraordinary meetings held as needed in urgent cases.」
The Company continues its management oversight structure comprising 8 directors including 3 outside directors, monthly Board meetings, and the Nomination and Compensation Committees and Strategy Meeting. - FY2021AdvancedAnnual report
「The Company’s Board of Directors currently consists of 8 directors, including 3 outside directors. Ordinary Board meetings are held once a month in principle, with extraordinary meetings held as needed in urgent cases.」
The structure changed from 8 directors including 2 outside directors to 8 directors including 3 outside directors, clarifying the composition of outside directors. The Strategy Meeting and the Nomination and Compensation Committees also continue. - FY2020AdvancedAnnual report
「The Company has also established voluntary bodies, including a Strategy Meeting for agile deliberation on business execution, including the formulation of management strategy and important matters concerning the operation of the Group, as well as Nomination and Compensation Committees to ensure transparency and objectivity in the selection of director candidates and the determination of compensation.」
In addition to the existing Board of Directors and Nomination and Compensation Committees, the Company established a Strategy Meeting, formalizing the deliberative structure for management strategy and Group operations. - FY2018AdvancedAnnual report
「The Company’s Board of Directors currently consists of 9 directors, including 2 outside directors. Ordinary Board meetings are held once a month in principle, with extraordinary meetings held as needed in urgent cases. To ensure transparency and objectivity in the selection of director candidates and the determination of compensation, the Company has established voluntary Nomination and Compensation Committees composed of representative directors and outside directors.」
In addition to a Board of Directors including 2 outside directors, the Company has established a specific oversight and decision-making structure comprising the Nomination and Compensation Committees and monthly Board meetings. - FY2017First statedAnnual report
「The Company has appointed outside directors and outside Audit & Supervisory Board members to strengthen its management oversight function by supervising the execution of duties and conducting audits from an independent standpoint, and believes that this structure is functioning adequately in terms of management oversight.」
The Company has established management oversight functions through a structure including 2 outside directors and 3 outside Audit & Supervisory Board members, the Nomination Committee and the Independent Officers’ Meeting.