Strengthening Governance by Transitioning to a Company with an Audit and Supervisory Committee
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「To further strengthen its corporate governance structure and achieve more transparent management and faster decision-making, the Company changed from a company with a Board of Corporate Auditors to a company with an Audit & Supervisory Committee effective 18 December 2015.」
The Company continues to maintain a structure aimed at achieving more transparent management and faster decision-making as a company with an Audit & Supervisory Committee. - FY2019AdvancedAnnual report
「The Company has adopted its current structure to ensure that governance for monitoring the execution of duties by directors functions adequately and efficiently, including by designating 3 outside directors as independent officers.」
The number of outside directors designated as independent officers increased from 2 in the previous record to 3. - FY2018RestatedAnnual report
「To further strengthen its corporate governance structure and achieve more transparent management and faster decision-making, the Company changed from a company with a Board of Corporate Auditors to a company with an Audit & Supervisory Committee effective 18 December 2015.」
As a company with an Audit & Supervisory Committee, the Company continues to maintain a structure aimed at improving transparency, speeding up decision-making and strengthening the Board of Directors’ oversight function. - FY2017RestatedAnnual report
「To further strengthen its corporate governance structure and achieve more transparent management and faster decision-making, the Company changed from a company with a Board of Corporate Auditors to a company with an Audit & Supervisory Committee effective 18 December 2015.」
The Company continues its transition to a company with an Audit & Supervisory Committee as a means of improving transparency, speeding up decision-making and strengthening the Board of Directors’ oversight function. - FY2016First statedAnnual report
「To further strengthen its corporate governance structure and achieve more transparent management and faster decision-making, the Company changed from a company with a Board of Corporate Auditors to a company with an Audit & Supervisory Committee effective 18 December 2015.」
The transition to a company with an Audit & Supervisory Committee is described as a means of improving management transparency, speeding up decision-making and strengthening the Board of Directors’ oversight function.