Independent Outside Officer Structure and Board Reform
First written in FY2016. 11 of 16 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2023: 13 of 105 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「As of 30 September 2026, the Board of Directors comprised 12 directors, with independent outside directors comprising a majority, and was responsible for decision-making on important matters relating to management and supervising the execution of duties.」
The company changed to a new structure with 12 directors, including 10 outside directors and 5 outside directors who are audit and supervisory committee members. It also changed to a structure in which the Chair of the Board of Directors is selected from among the independent outside directors. - 2026-09-29Othernews.infoseek.co.jp
「At the June shareholders meeting, 10 of the 13 directors became outside directors.」
The composition of outside directors has been reported as the new board structure following the previous disclosure. - FY2023AdvancedAnnual report
「As of 31 March 2023, the Board of Directors comprised 10 directors, including Representative Director and Chairman Nagamori Shigenobu (永守 重信), with independent outside directors comprising a majority, and was responsible for decision-making on important matters relating to management and supervising the execution of duties.」
The company disclosed a structure with 10 directors and a majority of independent outside directors, giving concrete form to oversight by independent outside officers. - FY2022AdvancedAnnual report
「As of 31 March 2022, the Board of Directors comprised 9 directors, including Representative Director and Chairman Nagamori Shigenobu (永守 重信), and was responsible for decision-making on important matters relating to management and supervising the execution of duties.」
Following the general meeting of shareholders held after the filing date, 6 of the 11 directors were outside directors, updating the oversight structure to include outside directors. - FY2021AdvancedAnnual report
「As of 31 March 2021, the Board of Directors comprised 9 directors, including Representative Director and Chairman Nagamori Shigenobu (永守 重信), and was responsible for decision-making on important matters relating to management and supervising the execution of duties.」
The company disclosed a structure comprising 9 directors, including 5 outside directors, under the company-with-an-audit-and-supervisory-committee framework. - FY2020AdvancedAnnual report
「The company changed to a company with an audit and supervisory committee following the conclusion of the 47th annual general meeting of shareholders held on 17 June 2020, and is developing a structure suited to this framework. In connection with the change, more than half of the Board of Directors comprises outside directors.」
The company advanced from the former outside director and outside corporate auditor structure to a company with an audit and supervisory committee, with more than half of the Board of Directors comprising outside directors. - FY2019RestatedAnnual report
「Following the conclusion of the general meeting of shareholders held on 18 June 2019, the company had a total of 5 independent outside officers, comprising 3 independent outside corporate auditors and 2 independent outside directors, enabling more active discussion by the Board of Directors.」
The company has reaffirmed the structure comprising a total of 5 officers: 3 independent outside corporate auditors and 2 independent outside directors. - FY2018RestatedAnnual report
「Following the conclusion of the general meeting of shareholders held on 20 June 2018, the company had a total of 5 independent outside officers, comprising 3 independent outside corporate auditors and 2 independent outside directors, enabling more active discussion by the Board of Directors.」
The company has reaffirmed the structure comprising a total of 5 officers: 3 independent outside corporate auditors and 2 independent outside directors. - FY2017RestatedAnnual report
「Following the conclusion of the general meeting of shareholders held on 16 June 2017, the company had a total of 5 independent outside officers, comprising 3 independent outside corporate auditors and 2 independent outside directors, enabling more active discussion by the Board of Directors.」
The company has reaffirmed the structure comprising 3 independent outside corporate auditors and 2 outside directors, together with Board reform. - FY2016First statedAnnual report
「Following the conclusion of the general meeting of shareholders held on 17 June 2016, the company had a total of 5 independent outside officers, comprising 3 independent outside corporate auditors and 2 independent outside directors. The independent outside officer structure became established, and reducing the number of internal directors has enabled more active discussion by the Board of Directors.」
The company describes Board reform through a structure comprising 3 outside corporate auditors and 2 outside directors, together with a reduction in the number of internal directors.