Transition to a Company with an Audit and Supervisory Committee
First written in FY2017. 1 of 2 entries say "Restated". Latest entry: FY2020.
- FY2020RestatedAnnual report
「Pursuant to a resolution of the 11th Annual General Meeting of Shareholders held on 27 June 2017, the company changed from a company with a board of statutory auditors to a company with an audit and supervisory committee. The board of directors, comprising directors other than directors who are audit and supervisory committee members and directors who are audit and supervisory committee members, meets in principle once a month to make decisions on important management matters and supervise the execution of business operations.」
The company continues to operate a structure in which the board of directors and the audit and supervisory committee make decisions and provide oversight as a company with an audit and supervisory committee. - FY2017First statedAnnual report
「Pursuant to a resolution of the 11th Annual General Meeting of Shareholders held on 27 June 2017, the company changed from a company with a board of statutory auditors to a company with an audit and supervisory committee. The board of directors, comprising directors other than directors who are audit and supervisory committee members and directors who are audit and supervisory committee members, meets in principle once a month to make decisions on important management matters and supervise the execution of business operations.」
The company changed from a company with a board of statutory auditors to a company with an audit and supervisory committee on 27 June 2017, introducing a structure that combines decision-making and oversight by the board of directors with auditing and oversight by the audit and supervisory committee.