Transition to a company with an Audit and Supervisory Committee
First written in FY2025. 1 of 2 entries say "Achieved", first in FY2026. Latest entry: FY2026.
- FY2026AchievedAnnual report
「At the 54th Annual General Meeting of Shareholders held on 20 June 2025, amendments to the Articles of Incorporation providing for the change to a company with an audit and supervisory committee were approved, and the company changed from a company with an audit & supervisory board to a company with an audit and supervisory committee effective the same day.」
The change to a company with an audit and supervisory committee, planned in the previous fiscal year, was completed on 20 June 2025, and a structure centered on the Audit and Supervisory Committee and outside directors began operating. - FY2025First statedAnnual report
「Subject to approval at the annual general meeting of shareholders scheduled for 20 June 2025, we plan to change from a company with an audit & supervisory board to a company with an audit and supervisory committee. This will enable us to transfer authority over decisions on important business execution to executive directors, thereby accelerating and improving the efficiency of decision-making, while strengthening and enhancing the corporate governance and internal control systems by giving directors serving as Audit and Supervisory Committee members voting rights at Board of Directors meetings and strengthening the oversight function.」
The company first made the change from a company with an audit & supervisory board to a company with an audit and supervisory committee an independent theme, presenting it as a specific change in the organizational structure conditional on approval by the annual general meeting of shareholders.