Strengthening Oversight by Transitioning to a Company with an Audit and Supervisory Committee
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2024.
- FY2024AdvancedAnnual report
「In addition, the Company has established the Board of Directors, the Management Committee and the Sustainability Committee as bodies for making important decisions.」
In addition to the existing company with an Audit and Supervisory Committee, Board of Directors and Management Committee, the Sustainability Committee was established as an important decision-making body. - FY2017RestatedAnnual report
「The Company considered a company with an Audit and Supervisory Committee to be the appropriate organisational structure for further strengthening the oversight functions of the directors and enhancing corporate governance, and changed to a company with an Audit and Supervisory Committee with the approval of the ordinary general meeting of shareholders held on 22 December 2016.」
Following the transition to a company with an Audit and Supervisory Committee, the Company has continued to operate an oversight structure involving the Board of Directors, the Audit and Supervisory Committee and the Internal Audit Office. - FY2016First statedAnnual report
「Following approval at the ordinary general meeting of shareholders held on 22 December 2016 of amendments to part of the Articles of Incorporation concerning the transition to a company with an Audit and Supervisory Committee, the Company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee on that date. The Company will use this structure to further strengthen its management oversight functions and enhance corporate governance.」
The structure was changed to a company with an Audit and Supervisory Committee, with a 3-member Audit and Supervisory Committee including 2 outside directors.