Transition to a Company with a Nominating Committee, etc., and Separation of Execution and Oversight
First written in FY2022. 3 of 7 entries say "Advanced", first in FY2023. Latest entry: 2026-06-25.
The whole theme swung hardest in 2021: 3 of 37 companies on the "Worse" side.
25 other companies' latest entry also says "Restated".
- 2026-06-25RestatedGovernance
「Board of Directors Specialized Committees Information Security Committee Ethics Committee Environmental Committee」
The governance structure places the Information Security Committee, Ethics Committee and Environmental Committee under the Board of Directors, reconfirming the operation of the supervisory function at a company with a three-committee board structure. - FY2026AdvancedAnnual report
「We have established permanent expert committees under the Board of Directors, comprising the Information Security Committee, Ethics Committee and Environmental Committee, to support the Board's supervisory function and further strengthen supervision overall.」
In addition to separating executive and supervisory functions under the three-committee board structure, we have established permanent expert committees under the Board of Directors covering information security, ethics and the environment, thereby expanding its supervisory function. - 2026-05-28AdvancedGovernance
「Because a proposal for the election of outside directors will be submitted to the annual general meeting of shareholders.」
The planned submission of a proposal to elect outside directors will update the structure separating executive and supervisory functions, including the independent outside directors. - FY2025RestatedAnnual report
「Following the transition to a company with a three-committee board structure in June 2022, we have clearly separated the roles of execution and supervision and continuously strengthened the supervisory function of the Board of Directors by focusing its role on setting the Group's overall direction and supervising and monitoring business execution.」
As a company with a three-committee board structure, we continue to operate with separate executive and supervisory functions, a majority of outside directors and delegated authority to executive officers. - FY2024RestatedAnnual report
「Following the transition to a company with a three-committee board structure in June 2022, we have clearly separated the roles of execution and supervision and continuously strengthened the supervisory function of the Board of Directors by focusing its role on setting the Group's overall direction and supervising and monitoring business execution.」
We continue to operate with separate executive and supervisory functions, a majority of outside directors and delegated authority to executive officers following the transition to a company with a three-committee board structure. - FY2023AdvancedAnnual report
「Based on our fiduciary and accountability responsibilities to shareholders, and with the aim of achieving sustainable growth for the Group and enhancing corporate value over the medium to long term, we have adopted a company with a three-committee board structure to further strengthen our corporate governance.」
We disclosed the full-year operation following the transition to a company with a three-committee board structure. The Board of Directors met 13 times, the Nomination Committee 4 times and the Compensation Committee 7 times. We have a majority of outside directors, 3 statutory committees and delegated authority to executive officers. - FY2022First statedAnnual report
「Based on our fiduciary and accountability responsibilities to shareholders, and with the aim of achieving sustainable growth for the Group and enhancing corporate value over the medium to long term, we transitioned to a company with a three-committee board structure on 29 June 2022 to further strengthen our corporate governance.」
On 29 June 2022, we transitioned to a company with a three-committee board structure, establishing a system that delegates authority to executive officers, has a Board of Directors with a majority of outside directors, and includes the 3 statutory committees for nomination, compensation and audit.