Ensuring Transparency, Fairness and Promptness through the Board of Directors and Board of Corporate Auditors
First written in FY2016. 2 of 13 entries say "Advanced", first in FY2018. Latest entry: FY2026.
22 other companies' latest entry also says "Other".
- FY2026Updated to a structure with 8 directors, including 4 outside directorsAnnual report
「The Board of Directors consists of 8 directors, including 4 outside directors, with the Representative Director and President serving as chair.」
The Board of Directors was expanded from 7 directors, including 3 outside directors, to 8 directors, including 4 outside directors. The Audit and Supervisory Committee comprises 4 outside directors, and the Board met 16 times during the fiscal year. - 2026-05-14AdvancedGovernance
「We will newly establish Article 28 of the Articles of Incorporation, Exemption from Liability of Directors, providing that the Board of Directors may exempt directors from liability within the scope prescribed by law and that limited liability agreements may be entered into with directors who are not executive directors or similar directors, so that directors can fully perform their expected roles.」
The proposed amendment to the Articles of Incorporation adds provisions allowing the Board of Directors to exempt directors from liability for damages and permitting limited liability agreements with directors who are not executive directors or similar directors. The proposal is scheduled to be submitted to the Annual General Meeting of Shareholders on 26 June 2026, with the amendment scheduled to take effect on the same date. - FY2025Change in representative director and update to outside director compositionAnnual report
「The Company has 1 outside director other than those serving as Audit and Supervisory Committee members and 3 outside directors serving as Audit and Supervisory Committee members. June 2025 The Company’s Representative Director and President (newly appointed)」
As of the filing date, the Company has 1 outside director and 3 outside directors serving as Audit and Supervisory Committee members. In June 2025, the Representative Director and President changed, and Sugiyama Toshiyuki (杉山敏之) became the new President. - FY2024Update to director composition and activitiesAnnual report
「The other members are 7 directors: Audit and Supervisory Committee members Ishio Toshiaki (石尾俊明), Nakamura Tomotake (中村智丈) and Yoshida Kazuya (吉田一也), and outside Audit and Supervisory Committee members Yonemoto Mitsuo (米本光男), Tanaka Shosuke (田中祥介) and Umebayashi Kunihiko (梅林邦彦), for a total of 7 directors, including 3 outside directors.」
The Company has reconfirmed its structure of 7 directors, including 3 outside directors, and states that Ishio Toshiaki (石尾俊明) became Senior Managing Director and Tanaka Shosuke (田中祥介) became a director serving as an Audit and Supervisory Committee member. The Board of Directors met 11 times during the current fiscal year, and all directors attended all 11 meetings. - FY2022RestatedAnnual report
「The Company consists of 7 directors, including 3 outside directors. Board meetings are held regularly to make decisions on the execution of operations and supervise the performance of directors’ duties. As the body responsible for supervising the execution of duties, the Board makes decisions on the allocation of management resources and other matters, monitors the status of execution, and evaluates businesses by division.」
The Company has reconfirmed its structure of 7 directors, including 3 outside directors, and the Board of Directors’ decision-making, supervision of execution and business evaluations. - FY2021Seven directors, including 3 outside directorsAnnual report
「The other members are 7 directors: directors other than those serving as Audit and Supervisory Committee members Nakamura Tomotake (中村智丈) and Yoshida Kazuya (吉田一也), outside director other than those serving as Audit and Supervisory Committee members Tanaka Shosuke (田中祥介), Audit and Supervisory Committee member Ishio Toshiaki (石尾俊明), and outside Audit and Supervisory Committee members Yonemoto Mitsuo (米本光男) and Umebayashi Kunihiko (梅林邦彦), for a total of 7 directors, including 3 outside directors.」
The filing states that the number of directors changed from 6 to 7, with 3 outside directors. - FY2020Current structure of 6 directors, including 3 outside directorsAnnual report
「The other members are 6 directors: directors other than those serving as Audit and Supervisory Committee members Nakamura Tomotake (中村智丈), outside director other than those serving as Audit and Supervisory Committee members Tanaka Shosuke (田中祥介), Audit and Supervisory Committee member Ishio Toshiaki (石尾俊明), and outside Audit and Supervisory Committee members Yonemoto Mitsuo (米本光男) and Umebayashi Kunihiko (梅林邦彦), for a total of 6 directors, including 3 outside directors.」
The current structure of the company with an Audit and Supervisory Committee consists of 6 directors, including 3 outside directors. - FY2020-Q2Retirement of 2 directorsAnnual report
「Director General Manager, Production Engineering Department and General Manager, Molding Department Sawamori Tadashi (澤守 忠) 31 August 2019 Director, Audit and Supervisory Committee Member Tanemoto Atsuhiro (種本 篤博) 30 September 2019」
The filing states that 1 director and 1 director serving as an Audit and Supervisory Committee member retired during the cumulative period of the current quarter. - FY2019RestatedAnnual report
「At the annual general meeting of shareholders held on 29 June 2018, amendments to the Articles of Incorporation providing for the transition to a company with an Audit and Supervisory Committee were approved. Accordingly, the Company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, effective on the same date. The purpose of this transition is to strengthen the auditing and supervisory functions of the Board of Directors and further enhance the corporate governance structure.」
The Company has reconfirmed the transition to a company with an Audit and Supervisory Committee and the governance structure intended to strengthen the auditing and supervisory functions of the Board of Directors. - FY2019-Q3Director's ResignationAnnual report
「Director General Manager, Sales Department Ito Katsuyuki (伊藤克之) 28 December 2018」
The filing states that the director who also served as General Manager of the Sales Department retired on 28 December 2018. - FY2018AdvancedAnnual report
「At the annual general meeting of shareholders held on 29 June 2018, amendments to the Articles of Incorporation providing for the transition to a company with an Audit and Supervisory Committee were approved. Accordingly, the Company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, effective on the same date. The purpose of this transition is to strengthen the auditing and supervisory functions of the Board of Directors and further enhance the corporate governance structure.」
The transition from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee was implemented on 29 June 2018 to strengthen auditing and supervisory functions. 3 of the 4 Audit and Supervisory Committee members are outside directors. - FY2017SoftenedAnnual report
「We had planned to have 2 outside directors, but have not appointed outside directors due to various circumstances. We recognize the importance of objective and impartial external oversight of management in corporate governance and will appoint appropriate outside directors as soon as possible. Meanwhile, management transparency and fairness have been improved by having 2 outside corporate auditors among the 4 corporate auditors.」
The Board of Directors now consists of 3 members, and the 2 outside directors previously planned have not been appointed. At the same time, the Company states its policy of ensuring transparency and fairness through 2 outside corporate auditors and appointing outside directors as soon as possible. - FY2016First statedAnnual report
「We have a Board of Directors and a Board of Corporate Auditors, each of which makes decisions on important matters and provides checks and balances. The Board of Directors consists of 5 directors, including 2 outside directors. Board meetings are held regularly to make decisions on the execution of operations and supervise the performance of directors’ duties. As the body responsible for supervising the execution of duties, the Board makes decisions on the allocation of management resources and other matters, monitors the status of execution, and evaluates businesses by division.」
The Company states that important matters are decided, checks and balances are provided, and execution is supervised through a structure including the Board of Directors, the Board of Corporate Auditors and outside directors.