Oversight and Auditing by Outside Directors and Outside Audit & Supervisory Board Members
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
- FY2025Decrease in the number of board meetingsAnnual report
「By holding board meetings frequently, 12 times in the fiscal year ended March 2025, excluding meetings held by written resolution, the company actively subjects itself to oversight by outside directors and monitoring by corporate auditors.」
The company continues oversight and audits by 2 outside directors and 3 outside corporate auditors, while the number of board meetings decreased from the 15 previously reported to 12. - FY2023AdvancedAnnual report
「By holding board meetings frequently, 15 times in the fiscal year ended March 2023, the company actively subjects itself to oversight by outside directors and monitoring by corporate auditors.」
The company continues oversight and audits by 2 outside directors and 3 outside corporate auditors, while the number of board meetings increased from the 12 previously reported to 15. - FY2021RestatedAnnual report
「By holding board meetings frequently, 12 times in the fiscal year ended March 2021, the company actively subjects itself to oversight by outside directors and monitoring by corporate auditors.」
The company continues oversight and audits by 2 outside directors and 3 outside corporate auditors, together with an oversight structure operating through the board of directors. - FY2019RestatedAnnual report
「By holding board meetings frequently, 13 times in the fiscal year ended March 2019, the company actively subjects itself to oversight by outside directors and monitoring by corporate auditors.」
The corporate governance framework includes oversight and audits by 2 outside directors and 3 outside corporate auditors, as well as 13 board meetings in the fiscal year ended March 2019. - FY2018First statedAnnual report
「In addition to oversight by outside directors, operational audits by outside corporate auditors as an external audit function and financial statement audits by the accounting auditor are conducted. As these functions are considered to provide objective oversight of management, the current structure has been maintained.」
The company explicitly identifies external oversight and audits by outside directors, outside corporate auditors and the accounting auditor as the basic oversight structure for corporate governance.