Strengthening governance through outside directors, the audit and supervisory committee and the executive officer system
First written in FY2017. 3 of 11 entries say "Restated". Latest entry: 2026-05-15.
- FY2025Updated for the composition of the board of directors and audit and supervisory committeeAnnual report
「As of the filing date, the Company's Board of Directors consists of 6 directors, including 3 outside directors.」
The Company has maintained its structure as a company with an Audit & Supervisory Committee. As of the filing date, 3 of its 6 directors are outside directors. All 3 Audit & Supervisory Committee members are outside directors and independent officers, and the Management Committee and the Nomination and Compensation Advisory Committee are also in operation. - FY2024RestatedAnnual report
「The Company's Board of Directors consists of 6 directors, including 3 outside directors. It makes decisions on the Company's management policies, management strategies, business plans, acquisition and disposal of significant assets, important organisational and personnel matters, and supervises the execution of operations through regular meetings held once a month in principle and extraordinary meetings as necessary.」
Following the transition to a company with an Audit & Supervisory Committee, the Company has reconfirmed its structure in which 3 of its 6 directors are outside directors, as well as decision-making and oversight by the Board of Directors. - FY2023AchievedAnnual report
「As of 18 May 2023, the Company changed from a company with an Audit & Supervisory Board to a company with an Audit & Supervisory Committee.」
The transition from a company with an Audit & Supervisory Board to a company with an Audit & Supervisory Committee was implemented on 18 May 2023. The new structure is also described: 3 of the 6 directors are outside directors, and all 3 Audit & Supervisory Committee members are outside directors and independent officers. - FY2021ReframedAnnual report
「The Group will strengthen its overall governance framework and ensure consistent, sincere conduct based on the high ethical standards of THE ZUIKO WAY.」
In addition to the existing framework of outside officers, the Audit & Supervisory Board, and the Internal Audit Office, the Group has explicitly identified stronger governance across the Group and ethical conduct based on THE ZUIKO WAY as priority issues. - FY2020Update to the composition of the Board of Directors and Audit & Supervisory BoardAnnual report
「The Company’s Board of Directors consists of 6 directors, including 2 outside directors. The Audit & Supervisory Board consists of 3 Audit & Supervisory Board Members, including 2 outside members, 1 of whom is a full-time member.」
The Board of Directors has changed from 7 members to 6, including 2 outside directors. The Audit & Supervisory Board has been updated to consist of 3 members, including 2 outside members. - FY2019Update to the composition of outside Audit & Supervisory Board MembersAnnual report
「The Company’s Board of Directors consists of 7 directors and, in principle, meets regularly once a month, with extraordinary meetings held as necessary, to make decisions on management policies, management strategies, business plans, the acquisition and disposal of significant assets, important organizational and personnel matters, and to supervise the execution of operations. The Audit & Supervisory Board consists of 3 Audit & Supervisory Board Members, including 1 internal member and 2 outside members, 1 of whom is a full-time member.」
The composition is described as 7 directors and 3 Audit & Supervisory Board Members, including 1 internal member and 2 outside members. The number of outside Audit & Supervisory Board Members has been updated from the previous full-year disclosure, and further details of oversight by the Board of Directors and Audit & Supervisory Board are provided. - FY2017First statedAnnual report
「To actively incorporate external perspectives and address management issues from multiple angles, we have appointed 2 outside directors among our 7 directors, as well as 3 outside audit & supervisory board members with diverse experience and expertise.」
The filing describes a governance structure incorporating external perspectives through 2 outside directors and 3 outside audit & supervisory board members, along with the audit & supervisory board, executive officer system, internal audit office and risk management committee.