Strengthening Oversight and Transparency at a Company with an Audit and Supervisory Committee
First written in FY2023. 1 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2025.
99 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Under a company with an Audit and Supervisory Committee, directors who serve as Audit and Supervisory Committee members have voting rights at Board of Directors meetings, among other features, further strengthening the Board's audit and oversight functions.」
The structure for strengthening oversight and transparency through three-way audits by the Audit and Supervisory Committee, the Internal Audit Office and the accounting auditor, as well as through the Nomination and Compensation Committee and Compliance Committee, remains in place. - FY2024AdvancedAnnual report
「To strengthen the independence and objectivity of the Board of Directors' functions and its accountability regarding the nomination and compensation of directors and executive officers, the company has established a voluntary Nomination and Compensation Committee as an advisory body to the Board. The committee is chaired by the Representative Director and President, and a majority of its members are outside directors.」
In addition to the existing oversight structure comprising the Audit and Supervisory Committee, internal audit and the accounting auditor, the company established a Nomination and Compensation Committee, strengthening the objectivity of nomination and compensation decisions. - FY2023First statedAnnual report
「Under a company with an Audit and Supervisory Committee, directors who serve as Audit and Supervisory Committee members have voting rights at Board of Directors meetings, among other features, further strengthening the Board's audit and oversight functions.」
The company plans to enhance governance through three-way audits by the Audit and Supervisory Committee, the Internal Audit Office and the accounting auditor, as well as through the Compliance Committee.