Oversight by the Board of Directors and Board of Corporate Auditors and Strengthening Governance
First written in FY2016. 6 of 10 entries say "Advanced", first in FY2018. Latest entry: 2026-08-28.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
- 2026-08-28RestatedGovernance
「Board of Directors」
Reiterated the Board of Directors-centered oversight and execution structure in the organizational chart in the Corporate Governance Report. - FY2026AdvancedAnnual report
「The Board of Directors comprises 7 directors, including 3 outside directors. In addition to holding regular meetings once a month, it convenes extraordinary meetings as necessary, receives reports from executive officers on business execution, deliberates and resolves important management matters, including matters reserved for the Board of Directors, and oversees the performance of duties by directors and executive officers.」
The Board of Directors met 17 times during the fiscal year and deliberated on the medium-term management plan, capital policy, the new medium-term management plan, and the company's response to management with awareness of capital costs and share prices. - FY2024AdvancedAnnual report
「The Board of Directors comprises 7 directors, including 3 outside directors. In addition to holding regular meetings once a month, it convenes extraordinary meetings as necessary, receives reports from executive officers on business execution, deliberates and resolves important management matters, including matters reserved for the Board of Directors, and oversees the performance of duties by directors and executive officers.」
The company continues the separation of functions between the Board of Directors and executive officers and specifies an operating structure comprising 7 directors, including 3 outside directors, monthly meetings and oversight of business execution. The Board met 18 times during the fiscal year. - FY2021RestatedAnnual report
「To strengthen corporate governance, the company has separated the Board of Directors' oversight and executive functions. The Board of Directors is primarily responsible for governance, while executive officers are primarily responsible for business execution.」
The company continues its oversight structure based on the separation of functions between the Board of Directors and executive officers. - FY2020AdvancedAnnual report
「In addition, to strengthen corporate governance, the company has separated the Board of Directors' oversight and executive functions. The Board of Directors is primarily responsible for governance, while executive officers are primarily responsible for business execution.」
The company continues to separate the functions of the Board of Directors and executive officers, with the Board operating with 7 directors, including 3 outside directors, to perform its oversight function. - FY2019RestatedAnnual report
「To strengthen corporate governance, the company has separated the Board of Directors' oversight and executive functions. The Board of Directors is primarily responsible for governance, while executive officers are primarily responsible for business execution.」
The company is continuing the separation of functions between the Board of Directors and executive officers introduced in the previous fiscal year, with the Board of Directors overseeing the execution of duties by executive officers. - FY2018AdvancedAnnual report
「In June of this year, to strengthen corporate governance, the company separated the Board of Directors' oversight and executive functions. The Board of Directors is primarily responsible for governance, while executive officers are primarily responsible for business execution.」
The company introduced a structure separating the Board of Directors' oversight function from the executive officers' business execution function, making a specific change to its governance structure. - FY2016First statedAnnual report
「In addition to the Board of Directors' oversight of the execution of directors' duties, the company works to ensure that the Board of Corporate Auditors' audit function regarding the execution of directors' duties operates effectively as well. The company believes that the current structure is functioning adequately.」
The company describes an oversight and audit structure comprising a Board of Directors including 2 outside directors and a Board of Corporate Auditors including 3 outside corporate auditors.