Enhancing Corporate Governance
First written in FY2017-Q1. 7 of 23 entries say "Restated". Latest entry: 2026-09-25.
- 2026-09-25AdvancedGovernance
「Skills matrix for directors and audit & supervisory board members」
コーポレート・ガバナンスに関する報告書で、取締役および監査役の経営戦略、グローバル、営業マーケティング、生産技術開発、財務会計、Ｍ＆Ａ、法務コンプライアンス、人事・労務、サステナビリティ等のスキルマトリクスを開示している。元のcanonical threadは変更しない。 - FY2026Increase in the number of delegated executive officers and disclosure of committee activitiesAnnual report
「To invigorate the Board of Directors, accelerate decision-making, strengthen its supervisory function and improve the efficiency of business execution, the Company introduced a delegated executive officer system in September 2023, in addition to the existing employment-based executive officer system. As of the filing date, there are 9 delegated executive officers who are not directors and 28 employment-based executive officers.」
The number of delegated executive officers increased from 7 in the previous filing to 9, while the number of employment-based executive officers remained 28. The filing also discloses the number of meetings held by the Board of Directors, nomination committee and compensation committee, and the matters considered. - FY2025AdvancedAnnual report
「As of the filing date, the Company's Board of Directors comprises 7 directors, including 3 outside directors. It deliberates and makes decisions on management policies, statutory matters and other important matters, and supervises the execution of business.」
The Board of Directors now comprises 7 directors, including 3 outside directors. The filing also describes 7 delegated executive officers, 34 employment-based executive officers, and the activities of the nomination and compensation committees as of the filing date. - FY2023AdvancedAnnual report
「To invigorate the Board of Directors, accelerate decision-making, strengthen its supervisory function and improve the efficiency of business execution, the Company introduced a new delegated executive officer system on 27 September 2023, in addition to the existing employment-based executive officer system. As of the filing date, there are 6 delegated executive officers who are not directors and 28 employment-based executive officers.」
The Company established the delegated executive officer system on 27 September 2023 and states that, as of the filing date, there are 6 delegated executive officers and 28 employment-based executive officers. The Board of Directors now comprises 6 directors, including 2 outside directors, and the corporate auditors number 3, including 2 outside corporate auditors. - FY2022Establishment of nomination and compensation committees and update to the officer structureAnnual report
「The Company has adopted a corporate auditor system. As of the filing date, it has 4 corporate auditors, including 3 outside corporate auditors. The Company's Board of Directors comprises 20 directors, including 3 outside directors, as of the filing date. It deliberates and makes decisions on management policies, statutory matters and other important matters, and supervises the execution of business. The Company has introduced an executive officer system, with 24 executive officers as of the filing date, to clarify authority further and accelerate the determination of policies and strategies and the execution of business. To strengthen the transparency, objectivity and accountability of the Board of Directors in determining the nomination and compensation of directors, the Company established nomination and compensation committees as advisory bodies to the Board of Directors on 1 January 2022. More than half of the members of each committee are independent outside directors.」
The Board of Directors now comprises 20 directors, including 3 outside directors, and there are 24 executive officers. On 1 January 2022, the Company established nomination and compensation committees, each comprising more than half independent outside directors. - FY2021Decrease in the number of directors while maintaining the executive structureAnnual report
「As of the filing date, the Company's Board of Directors comprises 21 directors, including 2 outside directors. It deliberates and makes decisions on management policies, statutory matters and other important matters, and supervises the execution of business. The Company has introduced an executive officer system, with 28 executive officers as of the filing date, to clarify authority further and accelerate the determination of policies and strategies and the execution of business.」
The number of directors decreased from 23 in the previous full-year filing to 21, while the structure of 2 outside directors and 28 executive officers was maintained. - FY2020Update to the number of directors and the executive structureAnnual report
「The Company has adopted a corporate auditor system. As of the filing date, it has 4 corporate auditors, including 3 outside corporate auditors. The Company's Board of Directors comprises 23 directors, including 2 outside directors, as of the filing date. It deliberates and makes decisions on management policies, statutory matters and other important matters, and supervises the execution of business. The Company has introduced an executive officer system, with 28 executive officers as of the filing date, to clarify authority further and accelerate the determination of policies and strategies and the execution of business.」
The filing states that the Board of Directors comprises 23 directors, including 2 outside directors, and that there are 4 corporate auditors, including 3 outside corporate auditors, and 28 executive officers, updating the previous description of the officer structure. - FY2020-Q3RestatedAnnual report
「In addition, the Company considers enhanced corporate governance essential to making transparent, fair, prompt and decisive decisions that take into account the positions of shareholders, business partners, employees, local communities and other stakeholders. Accordingly, it is working to enhance corporate governance in line with its Basic Policy on Corporate Governance, which covers securing shareholders' rights and equality, appropriate cooperation with stakeholders other than shareholders, appropriate disclosure of information and transparency, the responsibilities of the Board of Directors and other bodies, and dialogue with shareholders.」
The basic governance policy, the supervisory function of the Board of Directors, 2 independent outside directors, and the structures of the management committee and Audit & Supervisory Board are described as in the previous filing. - FY2020-Q2RestatedAnnual report
「The Company considers enhanced corporate governance essential to making transparent, fair, prompt and decisive decisions that take into account the positions of shareholders, business partners, employees, local communities and other stakeholders. Accordingly, it is working to enhance corporate governance in line with its Basic Policy on Corporate Governance, which covers securing shareholders' rights and equality, appropriate cooperation with stakeholders other than shareholders, appropriate disclosure of information and transparency, the responsibilities of the Board of Directors and other bodies, and dialogue with shareholders. The Company's Board of Directors oversees the execution of the Company's business and management generally, ensures the fairness and transparency of management, and makes decisions through resolutions on important matters concerning the execution of business that are required by law to be decided by the Board of Directors. The Company has appointed 2 independent outside directors. At meetings of the Board of Directors, these outside directors evaluate the Company's management results and the activities of directors responsible for business execution, provide advice on management policies and improvements, and oversee conflicts of interest between the Company and its controlling shareholder, from the perspective of the common interests of all shareholders.」
The basic governance policy, the supervisory function of the Board of Directors, and the evaluation, advice and oversight of conflicts of interest by 2 independent outside directors continue to be described. - FY2019-Q3RestatedAnnual report
「The Company considers enhanced corporate governance essential to making transparent, fair, prompt and decisive decisions that take into account the positions of shareholders, business partners, employees, local communities and other stakeholders. Accordingly, it is working to enhance corporate governance in line with its Basic Policy on Corporate Governance, which covers securing shareholders' rights and equality, appropriate cooperation with stakeholders other than shareholders, appropriate disclosure of information and transparency, the responsibilities of the Board of Directors and other bodies, and dialogue with shareholders. The Company's Board of Directors oversees the execution of the Company's business and management generally, ensures the fairness and transparency of management, and makes decisions through resolutions on important matters concerning the execution of business that are required by law to be decided by the Board of Directors. The Company has appointed 2 independent outside directors. At meetings of the Board of Directors, these outside directors evaluate the Company's management results and the activities of directors responsible for business execution, provide advice on management policies and improvements, and oversee conflicts of interest between the Company and its controlling shareholder, from the perspective of the common interests of all shareholders.」
The basic governance policy, the supervisory function of the Board of Directors, and the evaluation, advice and oversight of conflicts of interest by 2 independent outside directors continue to be described. - FY2019-Q2RestatedAnnual report
「The Company has appointed 2 independent outside directors. At meetings of the Board of Directors, these outside directors evaluate the Company's management results and the activities of directors responsible for business execution, provide advice on management policies and improvements, and oversee conflicts of interest between the Company and its controlling shareholder, from the perspective of the common interests of all shareholders.」
The basic governance policy, the evaluation, advice and oversight of conflicts of interest by 2 independent outside directors, and the structures of the management committee and Audit & Supervisory Board continue to be described. - FY2019-Q1RestatedAnnual report
「The Company considers enhanced corporate governance essential to making transparent, fair, prompt and decisive decisions that take into account the positions of shareholders, business partners, employees, local communities and other stakeholders. Accordingly, it is working to enhance corporate governance in line with its Basic Policy on Corporate Governance, which covers securing shareholders' rights and equality, appropriate cooperation with stakeholders other than shareholders, appropriate disclosure of information and transparency, the responsibilities of the Board of Directors and other bodies, and dialogue with shareholders. The Company's Board of Directors oversees the execution of the Company's business and management generally, ensures the fairness and transparency of management, and makes decisions through resolutions on important matters concerning the execution of business that are required by law to be decided by the Board of Directors. The Company has appointed 2 independent outside directors. At meetings of the Board of Directors, these outside directors evaluate the Company's management results and the activities of directors responsible for business execution, provide advice on management policies and improvements, and oversee conflicts of interest between the Company and its controlling shareholder, from the perspective of the common interests of all shareholders.」
The basic governance policy, the supervisory function of the Board of Directors, and the evaluation, advice and oversight of conflicts of interest by 2 outside directors continue to be described. The Audit & Supervisory Board is also described as comprising 4 corporate auditors, including 3 outside corporate auditors and 2 independent outside corporate auditors. - FY2018Changes in the composition of officers and greater detail on the governance structureAnnual report
「As of the filing date, the Company's Board of Directors comprises 22 directors, including 2 outside directors. It deliberates and makes decisions on management policies, statutory matters and other important matters, and supervises the execution of business. The Company has adopted a corporate auditor system. As of the filing date, it has 4 corporate auditors, including 3 outside corporate auditors.」
The filing states that there are 2 outside directors and that 3 of the 4 corporate auditors are outside corporate auditors, representing a change from the description of the officer structure through the previous quarter. It also provides greater detail on the executive officer system, the Board of Directors, the management committee and the functions of the corporate auditors. - FY2018-Q3RestatedAnnual report
「In addition, the Company considers enhanced corporate governance essential to making transparent, fair, prompt and decisive decisions that take into account the positions of shareholders, business partners, employees, local communities and other stakeholders. Accordingly, it is working to enhance corporate governance in line with its Basic Policy on Corporate Governance, which covers securing shareholders' rights and equality, appropriate cooperation with stakeholders other than shareholders, appropriate disclosure of information and transparency, the responsibilities of the Board of Directors and other bodies, and dialogue with shareholders.」
The basic governance policy, the functions of the Board of Directors, management committee and Audit & Supervisory Board, and the structure comprising 1 independent outside director and 3 independent outside corporate auditors are described as in the previous quarter. - FY2018-Q2Increase in the number of independent outside corporate auditorsAnnual report
「The Company considers enhanced corporate governance essential to making transparent, fair, prompt and decisive decisions that take into account the positions of shareholders, business partners, employees, local communities and other stakeholders. Accordingly, it is working to enhance corporate governance in line with its Basic Policy on Corporate Governance, which covers securing shareholders' rights and equality, appropriate cooperation with stakeholders other than shareholders, appropriate disclosure of information and transparency, the responsibilities of the Board of Directors and other bodies, and dialogue with shareholders. The Company's Board of Directors oversees the execution of the Company's business and management generally, ensures the fairness and transparency of management, and makes decisions through resolutions on important matters concerning the execution of business that are required by law to be decided by the Board of Directors. The Company has appointed 1 independent outside director. At meetings of the Board of Directors, the outside director evaluates the Company's management results and the activities of directors responsible for business execution, provides advice on management policies and improvements, and oversees conflicts of interest between the Company and its controlling shareholder, from the perspective of the common interests of all shareholders. The Company's Board of Directors, recognizing the importance of environmental and social issues relating to sustainability, has established a Basic Policy on the Social Responsibility of the Shibuya Group, the Compliance Guide, to raise awareness among officers and employees. While taking stakeholders into consideration, the Company seeks to contribute to the sustainable development of society and enhance the corporate value of the Shibuya Group. In addition, it has established a management committee comprising executive directors as a consultative body for efficient management activities. The management committee meets regularly to provide an opportunity for thorough discussion of each matter. Of the 5 corporate auditors, 4 are outside corporate auditors, including 3 independent outside corporate auditors. The corporate auditors attend important meetings, including meetings of the Board of Directors, and actively provide advice and recommendations on management based on their extensive experience and expertise.」
The basic governance policy and the structures of the Board of Directors, management committee and Audit & Supervisory Board continue. The number of independent outside directors remains 1, while 3 of the 5 corporate auditors are now stated to be independent outside corporate auditors. - FY2018-Q1Change in the stated number of independent outside directorsAnnual report
「The Company considers enhanced corporate governance essential to making transparent, fair, prompt and decisive decisions that take into account the positions of shareholders, business partners, employees, local communities and other stakeholders. Accordingly, it is working to enhance corporate governance in line with its Basic Policy on Corporate Governance, which covers securing shareholders' rights and equality, appropriate cooperation with stakeholders other than shareholders, appropriate disclosure of information and transparency, the responsibilities of the Board of Directors and other bodies, and dialogue with shareholders. The Company's Board of Directors oversees the execution of the Company's business and management generally, ensures the fairness and transparency of management, and makes decisions through resolutions on important matters concerning the execution of business that are required by law to be decided by the Board of Directors. The Company has appointed 1 independent outside director. At meetings of the Board of Directors, the outside director evaluates the Company's management results and the activities of directors responsible for business execution, provides advice on management policies and improvements, and oversees conflicts of interest between the Company and its controlling shareholder, from the perspective of the common interests of all shareholders.」
The basic governance policy, the supervisory function of the Board of Directors, the management committee and the composition of the Audit & Supervisory Board continue to be described. Meanwhile, the number of independent outside directors is now stated as 1, compared with the previous description. - FY2017-Q3RestatedAnnual report
「In addition, the Company considers enhanced corporate governance essential to making transparent, fair, prompt and decisive decisions that take into account the positions of shareholders, business partners, employees, local communities and other stakeholders. Accordingly, it is working to enhance corporate governance in line with its Basic Policy on Corporate Governance, which covers securing shareholders' rights and equality, appropriate cooperation with stakeholders other than shareholders, appropriate disclosure of information and transparency, the responsibilities of the Board of Directors and other bodies, and dialogue with shareholders.」
The basic corporate governance policy and the functions of the Board of Directors, outside directors, management committee, Audit & Supervisory Board and other bodies continue to be described as before. - FY2017-Q2Details of the governance structureAnnual report
「In addition, the Company has established a management committee comprising executive directors as a consultative body for efficient management activities. The management committee meets regularly to provide an opportunity for thorough discussion of each matter. Of the 5 corporate auditors, 4 are outside corporate auditors, including 2 independent outside corporate auditors. The corporate auditors attend important meetings, including meetings of the Board of Directors, and actively provide advice and recommendations on management based on their extensive experience and expertise.」
In addition to the previous description of the Board of Directors and outside directors, the filing provides specific details on the management committee, the composition of the Audit & Supervisory Board, and the provision of information and support for the execution of duties by officers. - FY2017-Q1First statedAnnual report
「The Company believes that strengthening corporate governance is essential to making transparent, fair, prompt and decisive decisions that take into account the positions of shareholders, customers, employees and local communities. In line with its Basic Policy on Corporate Governance, which covers securing shareholders’ rights and equal treatment, appropriate cooperation with non-shareholder stakeholders, appropriate disclosure and transparency, the responsibilities of the Board of Directors and other bodies, and dialogue with shareholders, the Company works to strengthen corporate governance. The Board of Directors oversees the execution of the Company’s operations and management as a whole, ensures fairness and transparency in management, and makes decisions through deliberation on important matters that must be decided by the Board under applicable laws and regulations. The Company has appointed 2 independent outside directors. At Board meetings, these outside directors assess the Company’s management results and the activities of directors responsible for business execution, advise on management policies and improvements, and oversee conflicts of interest between the Company and its controlling shareholder, from the perspective of the common interests of all shareholders.」
In addition to its basic governance policy, the Company describes the Board’s oversight function and the evaluation, advisory and conflict-of-interest oversight roles of 2 independent outside directors.