Nagaoka International (6239) · InitiativeFirst stated

Strengthening Oversight Functions through an Audit and Supervisory Committee Structure

First written in FY2018. . Latest entry: FY2018.

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An Outside Director-Centered Oversight Structure in Companies with an Audit and Supervisory CommitteeA theme 230 companies write about · 0 as a headwind · 229 as a tailwind

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FY2018First statedAnnual report
「The company is a company with an Audit and Supervisory Committee. It has adopted its current corporate governance structure because it believes that having Audit and Supervisory Committee members responsible for auditing the execution of directors' duties participate in Board of Directors meetings with voting rights will strengthen the Board's audit and oversight functions, further enhance corporate governance and increase corporate value.」
The company explicitly describes a governance structure with an Audit and Supervisory Committee comprising 3 members, including 2 outside directors, participating in Board of Directors meetings as a means of strengthening oversight functions.

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