Executive Oversight Centered on the Statutory Auditor System and the Management Committee
First written in FY2016. 3 of 10 entries say "Advanced", first in FY2022. Latest entry: FY2026.
9 other companies' latest entry also says "Other".
- FY2026Update on the activities of the Board of Directors and Advisory CommitteeAnnual report
「The Board of Directors met a total of 13 times during the fiscal year, and the attendance of each director and statutory auditor was as follows.」
The Company discloses 13 meetings of the Board of Directors and 2 meetings of the Advisory Committee during the fiscal year, under an executive and oversight structure including 6 directors and 4 statutory auditors. - 2026-06-03Cited as achievedGeneral Meetings of Shareholders
「The Board of Directors met 13 times, making decisions on matters stipulated by laws and regulations and the Articles of Incorporation, as well as important matters concerning management, while supervising the execution of directors' duties.」
The Company reports the Board of Directors' oversight of execution. It also reports that directors attended all 13 of the 13 Board meetings and all 2 of the 2 voluntary advisory committee meetings held during the fiscal year. - FY2025AdvancedAnnual report
「The Board of Directors met a total of 14 times during the fiscal year, and the attendance of each director and statutory auditor was as follows.」
The Company discloses that the Board of Directors met 14 times during the year as part of its executive and oversight structure, which includes the statutory auditor system, the Management Committee and the Advisory Committee. - FY2024AdvancedAnnual report
「The Advisory Committee met a total of 2 times during the fiscal year, and the attendance of each committee member was as follows.」
The Company discloses that the Advisory Committee, which includes at least half outside directors, met 2 times during the fiscal year and deliberated on individual director compensation and revisions to the compensation decision policy accompanying the introduction of a restricted stock compensation plan. - FY2022AdvancedAnnual report
「In February 2022, the Company established an Advisory Committee, a voluntary body with at least half of its members being outside directors, to provide advice and recommendations on the nomination and compensation of directors and other matters.」
In addition to the existing structure comprising the statutory auditor system, the Management Committee and the Board of Directors, the Company established an Advisory Committee in February 2022 with at least half of its members being outside directors. - FY2021SoftenedAnnual report
「In addition, the Company has established a Management Committee consisting of directors and department-head-level members, with full-time statutory auditors serving as observers. The committee deliberates on overall executive policies and important management matters, determines basic policies, and, based on those policies, matters prescribed by laws and regulations and the Company's Board of Directors rules are further deliberated and resolved by the Board of Directors.」
The Management Committee's function has been maintained, but the description has changed from explicitly stating the number of members to describing them by position as directors and department-head-level members. - FY2019The Management Committee is described as having 6 membersAnnual report
「In addition, the Company has established a Management Committee consisting of 6 members, including directors, department-head-level executive employees and full-time statutory auditors serving as observers. The committee deliberates on overall executive policies and important management matters, determines basic policies, and, based on those policies, matters prescribed by laws and regulations and the Company's Board of Directors rules are further deliberated and resolved by the Board of Directors.」
While maintaining a structure centered on the statutory auditor system, the Board of Directors and the Management Committee, the Company describes the Management Committee as having 6 members. - FY2018RestatedAnnual report
「In addition, the Company has established a Management Committee consisting of 7 members: 4 directors, 2 management-level employees and a full-time statutory auditor serving as an observer. The committee deliberates on overall executive policies and important management matters, determines basic policies, and, based on those policies, matters prescribed by laws and regulations and the Company's Board of Directors rules are further deliberated and resolved by the Board of Directors.」
The Company continues to operate an executive and oversight structure combining the statutory auditor system, a 7-member Management Committee and the Board of Directors. - FY2017Increase in the number of Management Committee membersAnnual report
「In addition, the Company has established a Management Committee consisting of 7 members: 4 directors, 2 management-level employees and a full-time statutory auditor serving as an observer. The committee deliberates on overall executive policies and important management matters, determines basic policies, and, based on those policies, matters prescribed by laws and regulations and the Company's Board of Directors rules are further deliberated and resolved by the Board of Directors.」
While maintaining a structure centered on the statutory auditor system, the Management Committee and the Board of Directors, the number of Management Committee members increased from the 6 stated previously to 7. - FY2016First statedAnnual report
「The Company has adopted a statutory auditor system and established the General Meeting of Shareholders, Board of Directors and Board of Corporate Auditors as corporate organs under the Companies Act. In addition, it has established a Management Committee consisting of 6 members: 4 directors, 1 manager and 1 full-time statutory auditor serving as an observer. The committee deliberates on overall executive policies and important management matters, determines basic policies, and, based on those policies, matters prescribed by law and the Company’s Board of Directors regulations are further deliberated and resolved by the Board of Directors.」
The Company uses a decision-making and oversight framework combining the statutory auditor system, the Management Committee and the Board of Directors.