No criteria or policy established for the independence of outside officers
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2023: 2 of 19 companies on the "Worse" side.
35 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The Company has not established criteria or policies regarding the independence of outside directors and outside Audit & Supervisory Board Members. However, in selecting them, it refers to the Tokyo Stock Exchange's Securities Listing Regulations and appoints individuals who are unlikely to create conflicts of interest with general shareholders.」
The Company continues to explain that it has not established its own criteria or policies regarding the independence of outside officers and makes appointments with reference to the Tokyo Stock Exchange's Securities Listing Regulations. - FY2019First statedAnnual report
「The Company has not established criteria or policies regarding the independence of outside directors and outside Audit & Supervisory Board Members. However, in selecting them, it refers to the Tokyo Stock Exchange's Securities Listing Regulations and appoints individuals who are unlikely to create conflicts of interest with general shareholders.」
The Company explains that it has not established its own criteria or policies regarding the independence of outside officers, but makes appointments with reference to the Tokyo Stock Exchange's Securities Listing Regulations.