Transition to a company with an Audit & Supervisory Committee and stronger oversight
First written in FY2017. 12 of 15 entries say "Advanced", first in FY2019. Latest entry: 2026-10-01.
- FY2026AdvancedAnnual report
「April 2026 Introduced a CxO system to strengthen the management structure.」
A CxO system was introduced in April 2026 to strengthen the management structure. - FY2025AdvancedAnnual report
「April 2025 Representative Director and President, Executive Officer (current)」
The Representative Director and President, Executive Officer changed in April 2025. In addition, an Executive Managing Officer and a new outside director were identified as candidates for the next Board of Directors, with plans to update the supervisory and executive framework. - FY2024AdvancedAnnual report
「We are a company with an Audit and Supervisory Committee. In addition, we have established a Nomination and Compensation Committee as a voluntary advisory committee to the Board of Directors, while the Internal Control Committee assists the Board. We have also adopted an executive officer system to enable agile decision-making in response to changes in the business environment. …The Board of Directors consists of 9 directors, including 5 outside directors, of whom 4 are directors serving on the Audit and Supervisory Committee, including 3 outside directors.」
Based on the company-with-an-Audit-and-Supervisory-Committee structure, the company operates a Board of Directors comprising 9 directors, including 5 outside directors, 4 Audit and Supervisory Committee members, the Nomination and Compensation Committee, Internal Control Committee and Executive Officers' Meeting. - FY2023RestatedAnnual report
「We are a company with an Audit and Supervisory Committee. In addition, we have established a Nomination and Compensation Committee as a voluntary advisory committee to the Board of Directors, while the Internal Control Committee and Sustainability and CSR Committee assist the Board.」
Based on the company-with-an-Audit-and-Supervisory-Committee structure, the company operates the Nomination and Compensation, Internal Control, and Sustainability and CSR committees, as well as an executive officer system. - FY2021AdvancedAnnual report
「We are a company with an Audit and Supervisory Committee. In addition, we have established a Nomination and Compensation Committee as a voluntary advisory committee to the Board of Directors, while the Internal Control Committee and CSR Committee assist the Board. We have also adopted an executive officer system to enable agile decision-making in response to changes in the business environment.」
Based on the company-with-an-Audit-and-Supervisory-Committee structure, the company operates the Nomination and Compensation Committee, Internal Control Committee, CSR Committee and executive officer system. 7 of the 11 directors are outside directors. - FY2020-Q1RestatedAnnual report
「These rules were introduced in line with the basic principles in (1) and are not intended to maintain the positions of the Company’s directors. They have a high degree of rationality because, among other reasons, they fully satisfy the requirements of the guidelines for takeover defense measures, were introduced to secure and enhance corporate value and the common interests of shareholders, are based on the rational judgment of shareholders, place importance on the judgment of highly independent outside parties, establish reasonable and objective activation requirements, and are not a dead-hand takeover defense measure.」
The company reconfirmed that the large-scale purchase rules are intended to protect corporate value and the common interests of shareholders and to secure time for shareholders to make a decision, and not to maintain the positions of directors. - FY2019AdvancedAnnual report
「We are a company with an Audit and Supervisory Committee. In addition, we have established a Nomination and Compensation Committee as a voluntary advisory committee to the Board of Directors, while the Internal Control Committee and CSR Committee assist the Board. We have also adopted an executive officer system to enable agile decision-making in response to changes in the business environment.」
The framework following the transition to a company with an Audit and Supervisory Committee was disclosed in detail, including the operation of the Nomination and Compensation Committee, Internal Control Committee, CSR Committee and Executive Officers' Meeting. - FY2017First statedAnnual report
「For the purpose of ensuring appropriate supervisory and audit functions through the exercise of voting rights at the Board of Directors, our Group changed to a company with an Audit and Supervisory Committee pursuant to a resolution at the 70th Annual General Meeting of Shareholders held on 28 June 2016.」
The disclosure describes the transition to a company with an Audit and Supervisory Committee and governance measures aimed at ensuring the Board of Directors' supervisory and audit functions.