Monitoring and Advice by Outside Directors and Outside Corporate Auditors
First written in FY2016. 6 of 12 entries say "Advanced", first in FY2020. Latest entry: 2026-07-01.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The company has submitted the following proposals as agenda items for the Annual General Meeting of Shareholders scheduled for 26 June 2026: the election of 6 directors, the election of 2 Audit & Supervisory Board Members, and partial amendments to the Articles of Incorporation, including changing the term of office of directors from 2 years to 1 year. If these proposals are approved, the Board of Directors will comprise 6 directors, including 3 independent outside directors, and the Audit & Supervisory Board will comprise 4 members, including 3 independent outside Audit & Supervisory Board Members.」
The company submitted proposals to change the Board of Directors from 7 members to 6 and the term of office of directors from 2 years to 1 year, and indicated plans to increase the number of independent outside Audit & Supervisory Board Members from 2 to 3. - FY2024AdvancedAnnual report
「Accordingly, the number of directors was substantially reduced from the 15 directors in place before the introduction of the executive officer system to 7, of whom 3 are independent outside directors.」
The company indicated a structure under which the Board of Directors was reduced to 7 members while the number of independent outside directors increased from the previous 2 to 3. - FY2020AdvancedAnnual report
「The number of directors was substantially reduced from the previous 15 to 7, of whom 2 are independent outside directors.」
The company indicated a structural change under which the number of directors would be reduced from 15 to 7 with the introduction of an executive officer system, while maintaining 2 outside directors and seeking to strengthen the oversight function. - FY2019RestatedAnnual report
「The Board of Directors comprises 15 directors, 2 of whom are independent outside directors. As outside directors participate in management as members of the Board of Directors, the company receives appropriate advice on its overall management, strengthening the Board's decision-making and oversight functions, which the company believes contributes to enhancing corporate value.」
The company continues to maintain the advisory, decision-making and oversight functions of the 15-member Board of Directors, which includes 2 independent outside directors. - FY2018RestatedAnnual report
「In addition, the Board of Directors comprises 15 directors, 2 of whom are independent outside directors. As outside directors participate in management as members of the Board of Directors, the company receives appropriate advice on its overall management, strengthening the Board's decision-making and oversight functions, which the company believes contributes to enhancing corporate value.」
The company continues to strengthen the advisory, decision-making and oversight functions of the 2 independent outside directors among the 15 directors. - FY2017RestatedAnnual report
「The Board of Directors comprises 15 directors, 2 of whom are independent outside directors. As outside directors participate in management as members of the Board of Directors, the company receives appropriate advice on its overall management, strengthening the Board's decision-making and oversight functions, which the company believes contributes to enhancing corporate value.」
The company continues to strengthen the advisory, decision-making and oversight functions of the Board of Directors, which includes 2 independent outside directors. - FY2016First statedAnnual report
「The Board of Directors comprises 15 directors, 2 of whom are independent outside directors. As outside directors participate in management as members of the Board of Directors, the company receives appropriate advice on its overall management, strengthening the Board's decision-making and oversight functions.」
The company strengthens its decision-making and oversight functions through a statutory audit and supervisory board system that includes 2 independent outside directors and outside Audit & Supervisory Board Members.