Oversight Function of Outside Directors and Outside Audit & Supervisory Board Members
First written in FY2017. 1 of 8 entries say "Advanced", first in FY2026. Latest entry: FY2026.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「As of the filing date of 17 June 2026, the board comprised 8 directors, including 4 outside directors, and the board of company auditors comprised 3 auditors: standing auditor Shoichi Kuramochi (倉持 正一), outside auditor Masaaki Nakamura (中村 政昭) and outside auditor Seiichiro Yoshimoto (吉本 誠一朗), including 2 outside auditors. This structure provided for rational decision-making and oversight.」
The change in the composition of outside officers planned for the previous fiscal year was reflected. The structure of 8 directors, including 4 outside directors, was maintained, while the board of company auditors comprised 1 standing auditor and 2 outside auditors. - FY2025Change in the composition of outside officers plannedAnnual report
「If this proposal is approved, the Company’s officer structure will comprise 8 directors, including 4 outside directors, and 3 outside auditors, consisting of 1 standing outside auditor and 2 outside auditors.」
The planned addition of Kazuyuki Okada (岡田 和之) as an outside director and Seiichiro Yoshimoto (吉本 誠一朗) as an outside auditor was indicated, while maintaining a structure of 8 directors, including 4 outside directors. - FY2024Decrease in the number of directors; outside director ratio maintainedAnnual report
「As of the filing date in June 2024, the board consisted of 8 directors: directors Setsu Kikuchi (菊池 節), Noriyuki Maruyama (丸山 憲行), outside director Masamichi Higuchi (樋口 真道), outside director Takeshi Nofu (納 武士), director Tsuyoshi Itagoshi (板越 剛), outside director Takao Mori (森 隆男), director Hiromichi Kobayashi (小林 弘道) and outside director Haruaki Murao (村尾 治亮), including 4 outside directors. The board of company auditors consisted of 3 outside auditors: standing outside auditor Shigeki Urayama (浦山 茂樹), outside auditor Masaaki Nakamura (中村 政昭) and outside auditor Kenji Ochiai (落合 健司). This structure provided for rational decision-making and oversight.」
The number of directors decreased from the 10 previously reported to 8, while the number of outside directors remained at 4 and Haruaki Murao (村尾 治亮) was newly added. - FY2023Decrease in the number of directors; number of outside directors maintainedAnnual report
「As of the filing date in June 2023, the board consisted of 10 directors: directors Setsu Kikuchi (菊池 節), Noriyuki Maruyama (丸山 憲行), outside director Tatsuya Nakagawa (中川 達也), outside director Masamichi Higuchi (樋口 真道), outside director Takeshi Nofu (納 武士), director Shoichi Kuramochi (倉持 正一), director Hiroshi Kubota (久保田 洋), director Tsuyoshi Itagoshi (板越 剛), director Hiromichi Kobayashi (小林 弘道) and outside director Takao Mori (森 隆男), including 4 outside directors. The board of company auditors consisted of 3 outside auditors: standing outside auditor Makoto Yamagata (山縣 誠), outside auditor Masaaki Nakamura (中村 政昭) and outside auditor Kenji Ochiai (落合 健司). This structure provided for rational decision-making and oversight.」
The number of directors decreased from the 11 previously reported to 10, while the number of outside directors remained at 4 and there were 3 outside auditors. - FY2021Expansion to 4 outside directorsAnnual report
「As of the filing date in June 2021, the board consisted of 11 directors: directors Setsu Kikuchi (菊池 節), Kei Nakago (仲子 啓), director and adviser Yuji Sato (佐藤 祐二), outside director Tatsuya Nakagawa (中川 達也), outside director Masamichi Higuchi (樋口 真道), outside director Takeshi Nofu (納 武士), director Shoichi Kuramochi (倉持 正一), director Hiroshi Kubota (久保田 洋), director Tsuyoshi Itagoshi (板越 剛), director Noriyuki Maruyama (丸山 憲行) and outside director Takao Mori (森 隆男), including 4 outside directors. The board of company auditors consisted of 3 outside auditors: standing outside auditor Makoto Yamagata (山縣 誠), outside auditor Masaaki Nakamura (中村 政昭) and outside auditor Kenji Ochiai (落合 健司). This structure provided for rational decision-making and oversight.」
The number of directors increased from 9 to 11, while the number of outside directors increased from 3 to 4, expanding the outside director component. - FY2020Change in Officer CompositionAnnual report
「As of the filing date in June 2020, the board consisted of 9 directors: directors Setsu Kikuchi (菊池 節), Yuji Sato (佐藤 祐二), Kei Nakago (仲子 啓), outside director Tatsuya Nakagawa (中川 達也), outside director Masamichi Higuchi (樋口 真道), outside director Takeshi Nofu (納 武士), director Shoichi Kuramochi (倉持 正一), director Hiroshi Kubota (久保田 洋) and director Tsuyoshi Itagoshi (板越 剛), including 3 outside directors. The board of company auditors consisted of 3 outside auditors: standing outside auditor Makoto Yamagata (山縣 誠), outside auditor Noriyuki Maruyama (丸山 憲行) and outside auditor Masaaki Nakamura (中村 政昭). This structure provided for rational decision-making and oversight.」
As of the filing date, the structure comprised 9 directors, including 3 outside directors, and 3 auditors, all of whom were outside auditors. - FY2018Expansion of outside directors; change in the composition of outside auditorsAnnual report
「As of the end of June 2018, the board consisted of 8 directors, including 3 outside directors, and the board of company auditors consisted of 3 auditors, including 2 outside auditors. This structure provided for rational decision-making and oversight.」
The number of outside directors increased from 2 to 3, while the number of auditors decreased from 4 to 3 and the number of outside auditors decreased from 3 to 2. The Company states that this structure provides for rational decision-making and oversight. - FY2017First statedAnnual report
「As of the end of June 2017, the board consisted of 7 directors, including 2 outside directors, and the board of company auditors consisted of 4 auditors, including 3 outside auditors. This structure provided for rational decision-making and oversight.」
The governance structure explicitly includes 2 outside directors and 3 outside auditors, providing decision-making and oversight functions.