Enhancing Transparency and Soundness Through a Committee Structure Including Outside Directors
First written in FY2016. 7 of 13 entries say "Advanced", first in FY2017. Latest entry: 2026-05-22.
33 other companies' latest entry also says "Restated".
- 2026-05-22RestatedGeneral Meetings of Shareholders
「The nomination and governance committee and the compensation committee have strengthened their independence by being chaired by independent outside directors and having outside members constitute a majority.」
The company reconfirmed its committee structure centered on independent outside directors and its oversight framework through the nomination and governance committee and other committees. - FY2025AdvancedAnnual report
「Specifically, we appoint multiple highly independent outside directors and outside Audit & Supervisory Board members, and have voluntarily established committees covering nomination and governance, compensation, compliance, risk management and sustainability as advisory bodies to the Board of Directors. The independence of the Nomination and Governance Committee and Compensation Committee is strengthened by having an independent outside director serve as chair and outside members constitute a majority of each committee.」
The company specified that, under the structure following the renaming of the Nomination Committee as the Nomination and Governance Committee, an independent outside director serves as chair and outside members constitute a majority. It also proposed appointing an outside director candidate with information security expertise. - FY2024ReframedAnnual report
「We have also discussed the governance structure in the past. In light of its increasing importance, we changed the name of the committee from the Nomination Committee to the Nomination and Governance Committee from the fiscal year ending March 2025, in order to clearly communicate internally and externally that the committee deliberates on these matters.」
The company announced a policy of renaming the former Nomination Committee as the Nomination and Governance Committee, which explicitly also addresses the governance structure. - FY2023AdvancedAnnual report
「Our Risk Management Committee, which includes our directors and executive officers, monitors risk management at each SBU and conducts comprehensive discussions on the risks surrounding our Group based on the Group Risk Map, taking into account the risk management status of each SBU and of the Company. The Committee then selects the Group's top risks and determines response measures and monitoring policies.」
Regarding the governance structure, the company integrated the risk status of each SBU into the Group Risk Map, selected the Group's top risks, and established an operating framework for determining response measures and monitoring policies. - FY2022AdvancedAnnual report
「Specifically, we appoint multiple highly independent outside directors and outside Audit & Supervisory Board members, and have voluntarily established committees covering nomination, compensation, compliance, risk management and sustainability as advisory bodies to the Board of Directors.」
The company describes a supervisory structure comprising the Board of Directors, including outside directors, and committees covering nomination, compensation, compliance, risk management and sustainability. - FY2021AdvancedAnnual report
「In addition, effective 1 April 2021, we changed to a structure in which the positions of Chair of the Board and CEO are held by different individuals. We believe that separating the roles of Chair of the Board and CEO will strengthen the checks and balances function and contribute to stronger governance.」
As part of our efforts to strengthen governance, we changed to a structure separating the positions of Chair of the Board and CEO effective 1 April 2021. - FY2020AdvancedAnnual report
「To implement appropriate risk responses according to each business area, in addition to the Company, all 3 SBUs have established risk management committees. These committees deliberate and make decisions on key risks and countermeasures for each SBU, and conduct risk reduction activities and monitoring covering their subsidiaries.」
The risk management structure has been formalized by establishing committees at all 3 SBUs in addition to the Company, with risk reduction and monitoring covering each SBU and its subsidiaries. - FY2019RestatedAnnual report
「In addition to establishing 6 committees as advisory bodies to the Board of Directors, namely the Nomination, Evaluation, Compensation, Risk Management, Compliance and Sustainability Committees, we have established the Human Resources Development Committee as an advisory body to the Board of Directors or the Management Strategy Meeting. An Ethics Committee has also been established to conduct preliminary deliberations on disciplinary action against Company employees.」
The committee structure involving outside directors, including the Nomination, Evaluation and Compensation Committees, and the oversight functions for risk, compliance and sustainability have been reaffirmed. - FY2019-Q3RestatedAnnual report
「In addition, with the aim of concentrating and strengthening holding company functions, developing an appropriate group governance structure, monitoring structure and centralized financial data management environment, and enabling each Strategic Business Unit (Strategic Business Unit, hereinafter “SBU”) to expand its businesses in line with its business strategy by strengthening its respective oversight functions, SBU management companies were established as follows effective 1 April 2018.」
The structure for strengthening holding company functions, group governance, monitoring and financial data management has been reaffirmed. - FY2018AdvancedAnnual report
「The Group has established Strategic Business Units (Strategic Business Unit, hereinafter “SBU”) as strategic management units, as well as SBU management companies to oversee the subsidiaries and businesses under each SBU. The head of each SBU also serves as an executive officer of the Company.」
The governance structure specifies that SBU management companies oversee key decisions for each SBU through their boards of directors. It also provides for a supervisory structure in which a majority of the directors on each management company's board are non-executive directors appointed by the Company. - FY2018-Q3RestatedAnnual report
「The Company is concentrating and strengthening its holding company functions and developing an appropriate group governance structure, monitoring structure and centralized financial data management environment,」
The objectives of the organizational restructuring include developing holding company functions, group governance, monitoring and a financial data management environment. These objectives were reaffirmed within the scope of the existing policy of strengthening governance. - FY2017AdvancedAnnual report
「Specifically, 6 committees have been established as advisory bodies to the Board of Directors: the Nomination, Evaluation, Compensation, Risk Management, Compliance and Sustainability Committees. In addition, 3 committees have been established as advisory bodies to the Board of Directors or the Management Strategy Meeting: the Management Advisory, Recruit Group Investment and Human Resources Development Committees. An Ethics Committee has also been established to conduct preliminary deliberations on disciplinary action against Company employees.」
The committee structure has been formalized with a total of 10 committees, including the Nomination, Evaluation and Compensation Committees involving outside directors. - FY2016First statedAnnual report
「In addition, to strengthen the management structure and further enhance management transparency and soundness, we have established voluntary committees as advisory bodies to the Board of Directors and the Management Strategy Meeting.」
The committee structure includes committees for nominations, evaluation, compensation, risk management and CSR, enhancing management transparency and soundness.