Independent Oversight and Use of Expertise through Outside Directors and Outside Corporate Auditors
First written in FY2018. 3 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company has 4 outside directors: 1 director other than an Audit and Supervisory Committee member and 3 directors serving as Audit and Supervisory Committee members.」
The company described a structure with 4 outside directors, applying expertise in overseas management, accounting, marketing, small and medium-sized enterprise consulting and law to oversight and auditing. - FY2025AdvancedAnnual report
「The company is scheduled to have 4 outside directors: 1 director other than an Audit and Supervisory Committee member and 3 directors serving as Audit and Supervisory Committee members.」
The company presented a plan to increase the number of outside directors from 3 to 4 and apply expertise in overseas management, marketing, small and medium-sized enterprise consulting, law and accounting. - FY2024RestatedAnnual report
「The company has 3 outside directors, all of whom are directors serving as Audit and Supervisory Committee members.」
The company continues to maintain a structure in which 3 outside directors serve as Audit and Supervisory Committee members responsible for oversight and auditing. - FY2021Update to the composition of outside directorsAnnual report
「The company has 3 outside directors, all of whom are directors serving as Audit and Supervisory Committee members.」
The company described an oversight structure comprising 3 outside directors and a composition that applies expertise in law, accounting and academia to auditing and oversight of management. - FY2021-Q2Departure of Outside DirectorAnnual report
「Director (Audit and Supervisory Committee Member) Kasuya Yoshikazu (粕谷義和) 17 July 2020 (Departure due to death)」
1 outside director serving as an Audit and Supervisory Committee member departed due to death on 17 July 2020. - FY2019AdvancedAnnual report
「The company has 3 outside directors, all of whom are directors serving as Audit and Supervisory Committee members. The outside directors are expected to further strengthen the Board of Directors' oversight of management and the Audit and Supervisory Committee's audit function by actively expressing opinions and making recommendations based on their extensive expertise at meetings of the Board of Directors and the Audit and Supervisory Committee.」
The number of outside directors increased from 1 to 3, establishing a structure in which all serve as Audit and Supervisory Committee members responsible for oversight and auditing. - FY2018First statedAnnual report
「The company has 1 outside director and 2 outside audit and supervisory board members. The outside director and outside audit and supervisory board members actively express opinions and make recommendations based on their extensive expertise at meetings of the Board of Directors and the Audit and Supervisory Board, thereby strengthening the Board of Directors' oversight of management and the audit function of the Audit and Supervisory Board.」
The company has 1 outside director and 2 outside audit and supervisory board members, and has stated its policy of applying their expertise as university professors, attorneys and certified public accountants to oversight and auditing.