Strengthening Governance through Outside Officer and Executive Officer Systems
First written in FY2016. 9 of 18 entries say "Restated". Latest entry: FY2022.
35 other companies' latest entry also says "Other".
- FY2022Changes to the composition of the Board of Directors and Governance CommitteeAnnual report
「The Board of Directors, which is responsible for management decision-making and oversight, consists of 9 directors, including 4 outside directors, and generally meets once a month.」
The Board of Directors changed from 11 directors, including 5 outside directors, to 9 directors, including 4 outside directors. The Governance Committee also changed to a composition of 1 representative director and 4 independent outside directors. - FY2021Change in the composition of the Governance CommitteeAnnual report
「We have established the Governance Committee, a voluntary advisory body composed of 1 representative director and 5 independent outside directors,」
The composition of the Governance Committee changed from the 2 representative directors stated previously to 1 representative director. The composition of 5 independent outside directors has been maintained. - FY2020Change in board compositionAnnual report
「The Board of Directors, which makes management decisions and exercises oversight, consists of 11 directors, including 5 outside directors, and generally meets once a month.」
The composition changed from 12 directors, including 5 outside directors, as previously disclosed, to 11 directors, including 5 outside directors. The composition with outside directors accounting for more than one-third of the Board and one-year terms has been maintained. - FY2020-Q3Change in board compositionAnnual report
「The Board of Directors consists of 12 directors, including 5 independent outside directors. Outside directors account for more than one-third of the Board. Directors serve one-year terms to clarify their management responsibilities and enable the Company to flexibly establish a management structure that can respond rapidly to changes in the business environment.」
The 5 independent outside directors and one-year terms have been maintained, while the total number of directors changed from the previously disclosed 13 to 12. - FY2020-Q2RestatedAnnual report
「The Board of Directors consists of 13 directors, including 5 independent outside directors. Outside directors account for more than one-third of the Board. Directors serve one-year terms to clarify their management responsibilities and enable the Company to flexibly establish a management structure that can respond rapidly to changes in the business environment.」
The Company continues its framework comprising 5 independent outside directors among 13 directors, one-year terms, meetings of outside officers, the executive officer system, and the Governance Committee. - FY2020-Q1Change in board compositionAnnual report
「The Board of Directors consists of 13 directors, including 5 independent outside directors. Outside directors account for more than one-third of the Board. Directors serve one-year terms to clarify their management responsibilities and enable the Company to flexibly establish a management structure that can respond rapidly to changes in the business environment.」
The 5 independent outside directors and one-year terms have been maintained, while the total number of directors changed from the 14 previously disclosed to 13. - FY2019-Q3RestatedAnnual report
「The Company has also established the Governance Committee, a voluntary advisory body comprising 2 representative directors and 5 independent outside directors, to further enhance corporate governance.」
The Company continues its governance framework, including the Governance Committee, outside officers, and the executive officer system. - FY2019-Q2AdvancedAnnual report
「The Company has also established the Governance Committee, a voluntary advisory body comprising 2 representative directors and 5 independent outside directors, to further enhance corporate governance.」
The Company established a voluntary Governance Committee comprising 2 representative directors and 5 independent outside directors, giving concrete form to efforts to strengthen objectivity and transparency in the nomination of officer candidates and determination of officer remuneration. - FY2019-Q1RestatedAnnual report
「The Board of Directors consists of 14 directors, including 5 independent outside directors. Outside directors account for more than one-third of the Board. Directors serve one-year terms to clarify their management responsibilities and enable the Company to flexibly establish a management structure that can respond rapidly to changes in the business environment.」
The Company continues its governance structure comprising 5 independent outside directors among 14 directors, one-year terms, meetings of outside officers, the executive officer system, and internal audits. - FY2018AdvancedAnnual report
「The Board of Directors consists of 14 directors, including 5 independent outside directors. Outside directors account for more than one-third of the Board.」
The Board of Directors changed from 11 members, including 4 outside directors, to 14 members, including 5 outside directors. The Company also describes mechanisms including independence standards for outside officers, meetings of outside officers, and an internal audit department with 7 members. - FY2018-Q3RestatedAnnual report
「Under the Group’s management philosophy, principles, and vision, the Company has formulated its Basic Corporate Governance Policy based on its basic policy of continuously enhancing corporate governance, which it regards as an important management issue, in order to contribute to society through its corporate activities, enhance corporate value, and continue to develop and evolve.」
The Company continues to disclose its policy of treating the enhancement of corporate governance as an important management issue, together with its framework of outside directors, outside Audit & Supervisory Board Members, one-year terms, the executive officer system, and internal audits. - FY2018-Q2RestatedAnnual report
「The Company’s Board of Directors consists of 11 directors, including 4 independent outside directors. Outside directors account for more than one-third of the Board. Directors serve one-year terms to clarify their management responsibilities and enable the Company to flexibly establish a management structure that can respond rapidly to changes in the business environment. The Audit & Supervisory Board consists of 5 Audit & Supervisory Board Members, including 3 independent outside Audit & Supervisory Board Members.」
The Company continues its governance structure comprising 4 independent outside directors among 11 directors, 3 outside Audit & Supervisory Board Members, one-year terms, and the executive officer system. - FY2018-Q1RestatedAnnual report
「The Company’s Board of Directors consists of 11 directors, including 4 independent outside directors. Outside directors account for more than one-third of the Board. Directors serve one-year terms to clarify their management responsibilities and enable the Company to flexibly establish a management structure that can respond rapidly to changes in the business environment. The Audit & Supervisory Board consists of 5 Audit & Supervisory Board Members, including 3 independent outside Audit & Supervisory Board Members.」
The Company continues to disclose a governance structure comprising 4 independent outside directors among 11 directors, 3 outside Audit & Supervisory Board Members, one-year terms, and the executive officer system. - FY2017AdvancedAnnual report
「The Board of Directors consists of 11 directors, including 4 independent outside directors. Outside directors account for more than one-third of the Board. Directors serve one-year terms to clarify their management responsibilities and enable the Company to flexibly establish a management structure that can respond rapidly to changes in the business environment. The Audit & Supervisory Board consists of 5 Audit & Supervisory Board Members, including 3 independent outside Audit & Supervisory Board Members.」
The Board of Directors changed from 9 to 11 members, while the framework separating supervision and execution, including 4 independent outside directors, 3 outside Audit & Supervisory Board Members, one-year terms, and the executive officer system, continues. - FY2017-Q3RestatedAnnual report
「The Company’s Board of Directors consists of 9 directors, including 4 independent outside directors. Outside directors account for more than one-third of the Board. In addition, directors serve one-year terms to clarify their management responsibilities and enable the Company to flexibly establish a management structure that can respond rapidly to changes in the business environment.」
The Company continues to disclose a governance structure comprising 4 independent outside directors among 9 directors, one-year terms, an executive officer system, management meetings, and internal audits. - FY2017-Q2RestatedAnnual report
「The Company’s Board of Directors consists of 9 directors, including 4 independent outside directors. Outside directors account for more than one-third of the Board. In addition, directors serve one-year terms to clarify their management responsibilities and enable the Company to flexibly establish a management structure that can respond rapidly to changes in the business environment.」
The Company continues to disclose its governance structure, including the composition of outside directors, one-year terms, and the executive officer system. - FY2017-Q1RestatedAnnual report
「The Company’s Board of Directors consists of 9 directors, including 4 independent outside directors. Outside directors account for more than one-third of the Board. In addition, directors serve one-year terms to clarify their management responsibilities and enable the Company to flexibly establish a management structure that can respond rapidly to changes in the business environment.」
The Company continues its governance framework, including outside directors, one-year terms for directors, and the executive officer system. - FY2016First statedAnnual report
「The Company has positioned the enhancement of corporate governance as an important management issue and has adopted as its basic policy the continuous pursuit of this objective.」
4 of the 9 directors are outside directors, and the Company combines an executive officer system, a management strategy meeting, a management execution meeting, and internal audits.