Oversight by outside directors and swift business execution under the executive officer system
First written in FY2017. 4 of 5 entries say "Restated". Latest entry: 2026-05-27.
The whole theme swung hardest in 2023: 9 of 51 companies on the "Worse" side.
58 other companies' latest entry also says "Restated".
- 2026-05-27RestatedGovernance
「At the Company's General Meeting of Shareholders held on 27 May 2026, 1 person from ITOCHU Corporation, which is another related company, was elected as an outside director of the Company. Including the incumbent outside corporate auditor, a total of 2 people concurrently hold positions at both companies.」
The company described the concurrent appointments of outside directors and outside corporate auditors in its relationship with ITOCHU Corporation, reconfirming its oversight and audit structure through outside officers. - FY2023RestatedAnnual report
「The company has introduced an executive officer system to respond swiftly to changes in the business environment surrounding the group and enable flexible business execution, thereby pursuing both management speed and corporate governance.」
The company is reaffirming its combination of oversight by outside directors and audit and supervisory board members with swift business execution through the delegation of authority to executive officers. - FY2019RestatedAnnual report
「To strengthen the Board of Directors’ oversight function, the company has adopted a company-with-audit-and-supervisory-board structure, based on its judgment that the combination of oversight by outside directors, who constitute a majority, and audits by audit and supervisory board members, including outside members, is effective in overseeing management as a whole. The company has also introduced an executive officer system to respond swiftly to changes in the business environment surrounding the group and enable flexible business execution, thereby pursuing both management speed and corporate governance.」
The company is reaffirming its combination of oversight by a majority of outside directors and outside audit and supervisory board members with swift execution under its executive officer system. - FY2018RestatedAnnual report
「The company has adopted a company-with-audit-and-supervisory-committee structure, based on its judgment that the combination of oversight by the Board of Directors, including outside directors, and audits by audit and supervisory board members, including outside audit and supervisory board members, is effective in overseeing management as a whole. The company has also introduced an executive officer system to respond swiftly to changes in the business environment surrounding the group and enable flexible business execution, thereby pursuing both management speed and corporate governance.」
The company continues to combine oversight by outside directors and outside audit and supervisory board members with swift execution under its executive officer system. - FY2017First statedAnnual report
「The company has adopted a company-with-audit-and-supervisory-committee structure, based on its judgment that the combination of oversight by the Board of Directors, including outside directors, and audits by audit and supervisory board members, including outside audit and supervisory board members, is effective in overseeing management as a whole. The company has also introduced an executive officer system to respond swiftly to changes in the business environment surrounding the group and enable flexible business execution, thereby pursuing both management speed and corporate governance.」
The company has disclosed systematically its company-with-audit-and-supervisory-board structure, oversight by outside directors and outside audit and supervisory board members, and its system for swift execution through the delegation of authority to executive officers.