Strengthening Oversight by Outside Directors and Outside Audit & Supervisory Board Members
First written in FY2016. 5 of 9 entries say "Restated". Latest entry: FY2026.
57 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Under this structure, the Board of Directors met 13 times during the fiscal year, with all directors required to attend being present. The Board deliberated and resolved matters including financial results, the annual budget, important personnel matters such as the appointment of directors, directors' remuneration, important corporate governance matters, important contracts and important capital investment plans. Reports were also presented on corporate governance matters, including the evaluation of the Board's effectiveness, the execution of operations, and the Audit & Supervisory Committee's audit plans and results, among other matters.」
Under the company-with-an-Audit-&-Supervisory-Committee structure, the number of Board of Directors meetings increased from 12 in the previous fiscal year to 13, with the Company reporting that important matters were deliberated and resolved and the Board's effectiveness was evaluated. - FY2024AdvancedAnnual report
「Under this structure, the Board of Directors met 12 times during the fiscal year, with all directors required to attend being present. The Board deliberated and resolved matters including financial results, the annual budget, important personnel matters such as the appointment of directors, directors' remuneration, important corporate governance matters, important contracts and important capital investment plans. Reports were also presented on corporate governance matters, including the evaluation of the Board's effectiveness, the execution of operations, and the Audit & Supervisory Committee's audit plans and results, among other matters.」
The Company's oversight structure after transitioning to a company with an Audit & Supervisory Committee included 12 Board of Directors meetings, with all members in attendance, at which important matters were deliberated and resolved and the Board's effectiveness was evaluated. - FY2022ReframedAnnual report
「In addition, to further enhance the oversight function of the Board of Directors, the Company transitioned to a company with an Audit & Supervisory Committee following a resolution at the 25th annual general meeting of shareholders. The Company is seeking to further expedite decision-making on management matters, enhance discussions at Board of Directors meetings, including on the formulation of management policies and strategies, and maintain and strengthen its management monitoring function.」
The Company transitioned from a company with an Audit & Supervisory Board to a company with an Audit & Supervisory Committee, changing its oversight and audit framework. The previous policy of strengthening the audit function, including through outside corporate auditors, was reorganized into a structure centered on outside directors serving as Audit & Supervisory Committee members. - FY2021RestatedAnnual report
「The Company seeks to maintain and improve management efficiency and strengthen oversight by structuring the Board of Directors with directors well versed in the Company's business and outside directors who have extensive knowledge of management in general or professional expertise as legal practitioners and no vested interests in the Company. At the same time, the Audit & Supervisory Board seeks to maintain and strengthen management transparency and soundness by enhancing its audit function, including through outside corporate auditors.」
The policy of strengthening oversight and audit functions through a corporate structure including 2 outside directors and 3 outside corporate auditors continued to be disclosed. - FY2020RestatedAnnual report
「The Company seeks to maintain and improve management efficiency and strengthen oversight by structuring the Board of Directors with directors well versed in the Company's business and outside directors who have extensive knowledge of management in general or professional expertise as legal practitioners and no vested interests in the Company. At the same time, the Audit & Supervisory Board seeks to maintain and strengthen management transparency and soundness by enhancing its audit function, including through outside corporate auditors.」
The policy of strengthening oversight and audit functions through a corporate structure including outside directors and outside corporate auditors continued to be disclosed. - FY2019RestatedAnnual report
「By structuring the Board of Directors with directors well versed in the Company's business and outside directors who have extensive knowledge of management in general or professional expertise as legal practitioners and no vested interests in the Company, we seek to maintain and improve management efficiency and strengthen oversight. At the same time, the Audit & Supervisory Board seeks to maintain and strengthen management transparency and soundness by enhancing its audit function, including through outside corporate auditors.」
The policy of strengthening oversight and audit functions through a corporate structure including outside directors and outside corporate auditors was restated. - FY2018RestatedAnnual report
「By structuring the Board of Directors with directors well versed in the Company's business and outside directors who have extensive knowledge of management in general or professional expertise as legal practitioners and no vested interests in the Company, we seek to maintain and improve management efficiency and strengthen oversight. At the same time, by enhancing the audit function, including through outside corporate auditors, we seek to maintain and strengthen management transparency and soundness.」
The policy of strengthening oversight and audit functions through a corporate structure including outside directors and outside corporate auditors was restated. - FY2017RestatedAnnual report
「By structuring the Board of Directors with directors well versed in the Company's business and outside directors who have extensive knowledge of management in general or professional expertise as legal practitioners and no vested interests in the Company, we seek to maintain and improve management efficiency and strengthen oversight. At the same time, by enhancing the audit function, including through outside corporate auditors, we seek to maintain and strengthen management transparency and soundness.」
The policy of strengthening oversight and audit functions through a corporate structure including outside directors and outside corporate auditors was restated. - FY2016First statedAnnual report
「By structuring the Board of Directors with directors well versed in the Company's business and outside directors who have extensive knowledge of management in general or professional expertise as legal practitioners and no vested interests in the Company, we seek to maintain and improve management efficiency and strengthen oversight. At the same time, by enhancing the audit function, including through outside corporate auditors, we seek to maintain and strengthen management transparency and soundness.」
The corporate structure, including 2 outside directors and 3 outside corporate auditors, is described.