Strengthening Corporate Governance and Internal Controls
First written in FY2016. 3 of 9 entries say "Restated". Latest entry: FY2025.
- FY2025AchievedAnnual report
「As of the filing date, the company consists of 3 directors, excluding directors serving on the Audit and Supervisory Committee, and 5 directors serving on the Audit and Supervisory Committee, all of whom are outside directors.」
States the 5-member structure of outside directors serving on the Audit and Supervisory Committee, including Hatano Keiko (波田野馨子), who was listed as an additional candidate in the previous fiscal year. - FY2024Addition of an outside director candidateAnnual report
「The company has proposed, as an agenda item for the annual general meeting of shareholders scheduled for 20 December 2024, the election of 2 directors serving on the Audit and Supervisory Committee. If the proposal is approved, Hatano Keiko (波田野馨子) is scheduled to be newly elected as an outside director serving on the Audit and Supervisory Committee.」
States that the company plans to submit to the annual general meeting of shareholders a proposal to newly elect Hatano Keiko (波田野馨子) as an outside director serving on the Audit and Supervisory Committee. - FY2023AchievedAnnual report
「As of the filing date, the company consists of 3 directors, excluding directors serving on the Audit and Supervisory Committee, and 4 directors serving on the Audit and Supervisory Committee, all of whom are outside directors.」
The addition of 1 outside director serving on the Audit and Supervisory Committee, which was presented as an agenda item for the annual general meeting of shareholders in the previous filing, has been implemented, resulting in a 4-member structure of outside directors serving on the Audit and Supervisory Committee, including Mori Naomi (森尚美). - FY2022Addition of an outside director candidateAnnual report
「In addition, the company has proposed, as an agenda item for the annual general meeting of shareholders scheduled for 16 December 2022, the election of 1 director serving on the Audit and Supervisory Committee. If the proposal is approved, Mori Naomi (森尚美) is scheduled to be newly elected as an outside director serving on the Audit and Supervisory Committee.」
Proposes the election of 1 additional outside director serving on the Audit and Supervisory Committee as an agenda item for the annual general meeting of shareholders. As of the filing date, this is stated as a plan. - FY2021RestatedAnnual report
「By making directors serving on the Audit and Supervisory Committee, which is responsible for auditing the execution of directors’ duties, members of the Board of Directors, we are strengthening the Board’s supervisory function and further enhancing corporate governance.」
Continues to state the policy of strengthening governance through a company with an Audit and Supervisory Committee, independent outside directors, and Nomination and Compensation Committees. - FY2019AdvancedAnnual report
「To strengthen the Board of Directors’ oversight function and further enhance corporate governance by having audit and supervisory committee members responsible for auditing the execution of directors’ duties serve as members of the Board of Directors, we transitioned to a company with an Audit and Supervisory Committee based on a resolution of the 16th Annual General Meeting of Shareholders held on 18 December 2019. In addition to adopting the company-with-an-Audit-and-Supervisory-Committee structure, we established voluntary nomination and compensation committees as advisory bodies to the Board of Directors in order to ensure transparency and objectivity in the selection of director candidates and the process for determining director compensation.」
States that the company transitioned to a company with an Audit and Supervisory Committee, establishing a structure that includes the Audit and Supervisory Committee as well as Nomination and Compensation Committees. - FY2018RestatedAnnual report
「We recognise strengthening and enhancing our corporate governance framework as one of management’s most important priorities in order to meet the trust and expectations of shareholders and other stakeholders and continuously enhance corporate value, and we are working to strengthen and enhance that framework.」
Continues to state the policy of treating the strengthening of corporate governance and internal controls as important management priorities. - FY2017RestatedAnnual report
「We recognise strengthening and enhancing our corporate governance framework as one of management’s most important priorities in order to meet the trust and expectations of shareholders and other stakeholders and continuously enhance corporate value, and we are working to strengthen and enhance that framework.」
Continues to state the policy of treating the strengthening of corporate governance and internal controls as important management priorities. - FY2016First statedAnnual report
「We recognise strengthening and enhancing our corporate governance framework as one of management’s most important priorities in order to meet the trust and expectations of shareholders and other stakeholders and continuously enhance corporate value, and we are working to strengthen and enhance that framework.」
Discloses the establishment of transparency and checks and balances through outside directors and outside corporate auditors, internal audits, whistleblower reporting, compliance regulations, and other measures.