Board Transparency and Oversight by Outside Directors and Outside Corporate Auditors
First written in FY2016. 6 of 13 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 15 of 102 companies on the "Worse" side.
- FY2026ReframedAnnual report
「The Company has proposed, as agenda items for the annual general meeting of shareholders scheduled for 27 October 2026, the election of 5 directors and the election of 2 audit & supervisory board members. If both proposals are approved, the Company will have 5 directors, including 2 outside directors, and 3 audit & supervisory board members, including 2 outside members.」
A planned change in composition has been indicated, with the number of directors changing from 6, including 2 outside directors, as of the filing date to 5, including 2 outside directors, after the annual general meeting of shareholders. - FY2025AdvancedAnnual report
「The Board of Directors consists of 6 directors and meets with 3 corporate auditors in attendance. To ensure transparency, 2 of the 6 directors are outside directors.」
The composition of the Board of Directors changed from 5 directors to 6, while the number of outside directors remained at 2. - FY2022AdvancedAnnual report
「The Board of Directors consists of 5 directors and meets with 3 corporate auditors in attendance. To ensure transparency, 2 of the 5 directors are outside directors.」
The composition of the Board of Directors changed from 4 directors to 5, while the number of outside directors remained at 2. The company also describes its oversight structure with 3 corporate auditors in attendance. - FY2021RestatedAnnual report
「The Board of Directors consists of 4 directors and meets with 3 corporate auditors in attendance. To ensure transparency, 2 of the 4 directors are outside directors.」
The company continues its transparency and oversight structure, with 2 outside directors among 4 directors and 3 corporate auditors in attendance. - FY2018RestatedAnnual report
「The Board of Directors consists of 4 directors, including 2 outside directors. To strengthen corporate governance, the company has a policy of appointing multiple outside directors.」
The company continues its oversight structure of 2 outside directors among 4 directors, 2 outside corporate auditors among 3 corporate auditors, and 1-year terms for directors. - FY2017RestatedAnnual report
「The Board of Directors consists of 4 directors, including 2 outside directors. To strengthen corporate governance, the company has a policy of appointing multiple outside directors.」
The company continues its oversight structure of 2 outside directors among 4 directors, 2 outside corporate auditors among 3 corporate auditors, and 1-year terms for directors. - FY2017-Q3RestatedAnnual report
「The term of office for directors is 1 year to establish a structure capable of responding quickly to changes in the operating environment. The Audit & Supervisory Board consists of 3 corporate auditors, including 2 outside corporate auditors. In addition to attending Board of Directors meetings, the 3 corporate auditors audit the execution of duties by the company's directors, including by investigating the company's operations and financial condition.」
The company reiterates its oversight structure of directors with 1-year terms and 3 corporate auditors, including 2 outside corporate auditors. - FY2017-Q2RestatedAnnual report
「The term of office for directors is 1 year to establish a structure capable of responding quickly to changes in the operating environment. The Audit & Supervisory Board consists of 3 corporate auditors, including 2 outside corporate auditors. In addition to attending Board of Directors meetings, the 3 corporate auditors audit the execution of duties by the company's directors, including by investigating the company's operations and financial condition.」
The company reiterates its oversight structure of directors with 1-year terms and 3 corporate auditors, including 2 outside corporate auditors. - FY2017-Q1RestatedAnnual report
「The term of office for directors is 1 year to establish a structure capable of responding quickly to changes in the operating environment. The Audit & Supervisory Board consists of 3 corporate auditors, including 2 outside corporate auditors. In addition to attending Board of Directors meetings, the 3 corporate auditors audit the execution of duties by the company's directors, including by investigating the company's operations and financial condition.」
The company reiterates its oversight structure of directors with 1-year terms and 3 corporate auditors, including 2 outside corporate auditors. - FY2016First statedAnnual report
「The Board of Directors consists of 4 directors and meets with 3 corporate auditors in attendance. To ensure transparency, 2 of the 4 directors are outside directors.」
The company has an oversight structure comprising 2 outside directors among 4 directors, with 3 corporate auditors in attendance.