Strengthening oversight through outside directors and the Audit and Supervisory Committee
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.
87 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Company has adopted this structure because it believes that multiple outside directors, including Audit and Supervisory Committee members, holding voting rights at Board meetings, together with a highly independent Audit and Supervisory Committee composed of a majority of outside directors conducting audits in coordination with the internal audit personnel and accounting auditor, can strengthen the auditing and supervisory functions over management while ensuring proper operations and effective internal controls.」
Continues the oversight structure based on coordination among outside directors, the Audit and Supervisory Committee, internal audit and the accounting auditor. - FY2023First statedAnnual report
「The Company has adopted this structure because it believes that multiple outside directors, including Audit and Supervisory Committee members, holding voting rights at Board meetings, together with a highly independent Audit and Supervisory Committee composed of a majority of outside directors conducting audits in coordination with the internal audit personnel and accounting auditor, can strengthen the auditing and supervisory functions over management while ensuring proper operations and effective internal controls.」
As a company with an Audit and Supervisory Committee, it bases governance on coordination among outside directors, internal audit and the accounting auditor.