Ensuring Management Oversight through the Audit and Supervisory Committee and Independent Outside Directors
First written in FY2018. 5 of 8 entries say "Advanced", first in FY2021. Latest entry: FY2026.
60 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As of the filing date of the Annual Securities Report (19 June 2026), the Board of Directors consists of 6 directors, excluding directors who are Audit & Supervisory Committee members: Okada Hirokazu (岡田博和), Miura Muneo (三浦宗男), Shibahara Nobutaka (柴原信隆), Nishimura Kazuhiro (西村一洋), Nakanishi Kazuhiko (中西和彦) and Yano Teruhiro (矢野輝弘), of whom 1, Yano Teruhiro (矢野輝弘), is an independent outside director, and 4 directors who are Audit & Supervisory Committee members: Hattori Hiroshi (服部広志), Wake Daisuke (和氣大輔), Goto Miho (後藤美穂) and Tanaka Motoko (田中素子), of whom 3, Wake Daisuke (和氣大輔), Goto Miho (後藤美穂) and Tanaka Motoko (田中素子), are independent outside directors.」
The company disclosed its current structure of 6 executive directors, 4 Audit & Supervisory Committee members and 4 independent outside directors, updating the composition from 5 executive directors in the previous year. - FY2025AdvancedAnnual report
「As of the filing date of the Annual Securities Report (26 June 2025), the Board of Directors consists of 5 directors, excluding directors who are Audit & Supervisory Committee members, and 4 directors who are Audit & Supervisory Committee members, including 3 independent outside directors.」
The company disclosed its current structure of 5 directors, 4 Audit & Supervisory Committee members and 3 independent outside directors, and indicated that the future structure is expected to comprise 7 executive directors and 4 independent outside directors. - FY2022Update to the next board compositionAnnual report
「The company has proposed the following agenda items for approval at the Ordinary General Meeting of Shareholders scheduled for 29 June 2022: the election of 5 directors, excluding directors who are Audit & Supervisory Committee members, and the election of 4 directors who are Audit & Supervisory Committee members.」
As of the filing date, the company had 4 directors, 4 Audit & Supervisory Committee members and 3 independent outside directors, while it proposed a future structure comprising 5 executive directors and 4 Audit & Supervisory Committee members. - FY2021AdvancedAnnual report
「As of the filing date of the Annual Securities Report, the Board of Directors consists of 4 directors, excluding directors who are Audit & Supervisory Committee members: Okada Hirokazu (岡田博和), Uragami Hiroshi (浦上浩), Tamura Yoshizumi (田村吉住) and Ishida Koichi (石田耕一), and 4 directors who are Audit & Supervisory Committee members: Kobayashi Hisayoshi (小林久芳), Kuwaki Hajime (桑木肇), Wake Daisuke (和氣大輔) and Goto Miho (後藤美穂), of whom 3, Kuwaki Hajime (桑木肇), Wake Daisuke (和氣大輔) and Goto Miho (後藤美穂), are independent outside directors.」
The number of Audit & Supervisory Committee members increased from 3 to 4, and the number of independent outside directors increased from 2 to 3. - FY2019RestatedAnnual report
「As of the filing date of the Annual Securities Report, the Board of Directors consists of 4 directors, excluding directors who are Audit & Supervisory Committee members: Okada Hirokazu (岡田博和), Uragami Hiroshi (浦上浩), Tamura Yoshizumi (田村吉住) and Ishida Koichi (石田耕一), and 3 directors who are Audit & Supervisory Committee members: Kobayashi Hisayoshi (小林久芳), Kuwaki Hajime (桑木肇) and Wake Daisuke (和氣大輔), of whom 2, Kuwaki Hajime (桑木肇) and Wake Daisuke (和氣大輔), are independent outside directors.」
The company continues to operate with 4 directors and 3 Audit & Supervisory Committee members, including 2 independent outside directors, with audits and oversight conducted by the Audit & Supervisory Committee. - FY2018First statedAnnual report
「As of the filing date of the Annual Securities Report, the Board of Directors consists of 4 directors excluding directors who are Audit and Supervisory Committee members, and 3 directors who are Audit and Supervisory Committee members, including 2 independent outside directors. The company believes that the objectivity and transparency of management oversight are ensured by the Audit and Supervisory Committee members auditing and supervising the Board of Directors.」
The governance structure comprises 4 directors and 3 Audit & Supervisory Committee members, including 2 independent outside directors, with audits and oversight by the Audit & Supervisory Committee serving as the management monitoring mechanism.