Strengthening the Governance Framework through the Audit & Supervisory Board and Outside Directors
First written in FY2022. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
- FY2026RestatedAnnual report
「The Board of Directors consists of 6 directors, including 2 outside directors. In principle, it holds an ordinary meeting once a month, at which all important matters are submitted for consideration, and makes decisions on matters prescribed by laws and regulations and the Articles of Incorporation, as well as other important business execution matters, while supervising the execution of duties by the directors.」
The company continues to maintain a supervisory framework consisting of a 6-member Board of Directors, including 2 outside directors, and a Board of Company Auditors. - FY2025AdvancedAnnual report
「The Board of Directors consists of 6 directors, including 2 outside directors. In principle, it holds an ordinary meeting once a month, at which all important matters are submitted for consideration, and makes decisions on matters prescribed by laws and regulations and the Articles of Incorporation, as well as other important business execution matters, while supervising the execution of duties by the directors.」
The company discloses a Board of Directors consisting of 6 members, including 2 outside directors, and continues to maintain a supervisory framework involving the Board of Company Auditors and outside officers. - FY2024RestatedAnnual report
「The Board of Directors consists of 5 directors, including 2 outside directors. In principle, it holds an ordinary meeting once a month, at which all important matters are submitted for consideration, and makes decisions on matters prescribed by laws and regulations and the Articles of Incorporation, as well as other important business execution matters, while supervising the execution of duties by the directors.」
The company continues to employ a governance framework consisting of a Board of Directors, including outside directors, and a Board of Company Auditors. - FY2022First statedAnnual report
「To strengthen our governance framework, we established a Board of Company Auditors in September 2020. At the extraordinary general meeting of shareholders held in March 2022, we increased the number of outside directors by 1, and believe that we were able to further enhance our corporate governance and internal control systems.」
Against the background of a statement that the framework for examining conflicts of interest and other matters associated with the LBO was inadequate, the company is developing its Board of Company Auditors, outside director and internal control systems.