Outside Directors’ Independence and Use of Legal and Accounting Expertise
First written in FY2017. 1 of 2 entries say "Advanced", first in FY2021. Latest entry: FY2021.
The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「The Company has 4 outside directors, Shintaro Washisu (鷲巣信太郎), Naoyoshi Ito (伊藤尚), Takashi Horikoshi (堀越孝) and Takeshi Nakazato (中里猛志), 3 of whom, Naoyoshi Ito (伊藤尚), Takashi Horikoshi (堀越孝) and Takeshi Nakazato (中里猛志), are Audit and Supervisory Committee members.」
The number of outside directors increased from 3 to 4, creating a structure comprising 1 outside director with expertise in technology management and research and development and 3 Audit and Supervisory Committee members with legal and accounting expertise. - FY2017First statedAnnual report
「The Company has 3 outside directors, Naoyoshi Ito (伊藤尚), Takashi Horikoshi (堀越孝) and Takeshi Nakazato (中里猛志), all of whom are Audit and Supervisory Committee members. Naoyoshi Ito (伊藤尚) and Takashi Horikoshi (堀越孝) are attorneys, while Takeshi Nakazato (中里猛志) has substantial knowledge of finance and accounting based on extensive experience as a certified public accountant and tax accountant.」
The Company has established a framework in which all 3 outside directors serve as Audit and Supervisory Committee members, leveraging the expertise of 2 attorneys and 1 certified public accountant in oversight.