Oversight Structure Including Outside Directors and Outside Audit & Supervisory Board Members
First written in FY2016. 2 of 10 entries say "Advanced", first in 2026-06-04. Latest entry: FY2026.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
- FY2026Planned change to the Board compositionAnnual report
「The Board of Directors consists of 7 directors from the Company's group, including 1 Audit and Supervisory Committee member, and 4 outside directors, including 2 Audit and Supervisory Committee members." "If the proposal is approved, the Company's officers and their terms of office are expected to be as follows." "Men 11 Women 1 (Percentage of female officers 8.3 %)」
As of the filing date, the structure of 11 directors, including 4 outside directors, remains in place. Following the Annual General Meeting of Shareholders, changes are planned, including the addition of outside directors, a change in the Audit and Supervisory Committee members, and the appointment of 1 female director. - FY2025The Board of Directors expanded to 11 membersAnnual report
「The Board of Directors consists of 7 directors from the Company's group, including 1 Audit and Supervisory Committee member, and 4 outside directors, including 2 Audit and Supervisory Committee members. It decides matters prescribed by laws and regulations and other important management matters, and oversees the execution of operations.」
The structure of 4 outside directors was maintained, while the number of directors from the Company's group changed from 6 to 7, bringing the Board of Directors to a total of 11 members. - FY2024The number of outside directors expanded to 4Annual report
「The Board of Directors consists of 6 directors from the Company's group, including 1 Audit and Supervisory Committee member, and 4 outside directors, including 2 Audit and Supervisory Committee members. It decides matters prescribed by laws and regulations and other important management matters, and oversees the execution of operations.」
The framework of a company with an Audit and Supervisory Committee and an executive officer system was maintained, while the number of outside directors on the Board of Directors changed to 4. - FY2022ReframedAnnual report
「To further strengthen corporate governance, pursuant to a resolution of the 62nd Annual General Meeting of Shareholders held on 29 June 2022, the Company changed from the former corporate auditor system to a company with an Audit and Supervisory Committee. It also introduced an executive officer system to streamline the Board of Directors and accelerate decision-making and strengthen its supervisory functions.」
The Company changed from the former corporate auditor system to a company with an Audit and Supervisory Committee, and revised its structure to accelerate decision-making and strengthen supervisory functions by streamlining the Board of Directors and introducing an executive officer system. - FY2020The Board of Directors expanded to 11 membersAnnual report
「The Board of Directors consists of 11 members, including 1 outside director. It decides matters prescribed by laws and regulations and other important management matters, and oversees the execution of operations.」
The structure of 1 outside director and 3 outside corporate auditors was maintained, while the Board of Directors changed from the previously stated 10 members to 11. - FY2019The Board of Directors expanded to 10 membersAnnual report
「All 3 corporate auditors are outside corporate auditors and monitor the directors' execution of their duties from a fair standpoint grounded in laws, regulations and social norms. The Board of Directors consists of 10 members, including 1 outside director. It decides matters prescribed by laws and regulations and other important management matters, and oversees the execution of operations.」
The structure of 3 outside corporate auditors and 1 outside director was maintained, while the Board of Directors expanded from the previously stated 8 members to 10. - FY2018SoftenedAnnual report
「The Board of Directors consists of 8 members, including 1 outside director. It decides matters prescribed by laws and regulations and other important management matters, and oversees the execution of operations.」
The number of outside directors on the Board of Directors changed from 2 as stated for FY2016 to 1. Meanwhile, the structure of 3 outside corporate auditors was maintained. - FY2016First statedAnnual report
「The Company has adopted a corporate auditor system. All 3 corporate auditors are outside corporate auditors and monitor the directors' execution of their duties from a fair standpoint grounded in laws, regulations and social norms. The Board of Directors consists of 8 members, including 2 outside directors. It decides matters prescribed by laws and regulations and other important management matters, and oversees the execution of operations.」
The company adopted an oversight structure including 3 outside corporate auditors and 2 outside directors, and determined that the current structure was adequate.