Transition to a Company with an Audit and Supervisory Committee
First written in FY2019-Q3. 1 of 3 entries say "Achieved", first in FY2019. Latest entry: FY2020.
- FY2020RestatedAnnual report
「This structure was adopted to streamline and accelerate business execution by substantially delegating authority for business execution to directors responsible for business execution and others, thereby enabling the Board of Directors to engage more fully in deliberations on important matters such as management strategy, while also strengthening audit and supervisory functions centred on the Audit and Supervisory Committee.」
The objectives of the transition completed in June 2019 to a company with an Audit and Supervisory Committee, namely delegation of authority, Board of Directors deliberations, and stronger audit and supervisory functions, have been reaffirmed. - FY2019AchievedAnnual report
「Based on a resolution at the company's 123rd annual general meeting of shareholders held on 26 June 2019, the company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee.」
The transition to a company with an Audit and Supervisory Committee, approved in FY2019-Q3, was completed based on the resolution at the annual general meeting of shareholders held on 26 June 2019. - FY2019-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 4 February 2019, the company resolved a policy to change from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee. The transition is conditional on approval at the company's 123rd annual general meeting of shareholders scheduled for June this year.」
The Board of Directors resolved for the first time on a policy to change from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee, conditional on approval at the annual general meeting of shareholders scheduled for June of the same year.