Transitioning to a company with an Audit and Supervisory Committee and strengthening outside oversight
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2026.
- FY2026Changed to an 8-member Board of DirectorsAnnual report
「As of 16 June 2026, the date of this filing, our board of directors consists of 8 members: 4 directors responsible for business execution and 4 directors serving as Audit and Supervisory Committee members (outside directors). By ensuring that at least one-third of the board consists of independent outside directors serving as Audit and Supervisory Committee members and conducting systematic audits using the internal control system, we are strengthening the board's audit and supervisory functions.」
The board has changed from the previous structure of 9 members, including 5 directors responsible for business execution, to an 8-member structure comprising 4 directors responsible for business execution and 4 independent outside directors serving as Audit and Supervisory Committee members, while maintaining its outside oversight function. - FY2023RestatedAnnual report
「As of the date of this filing, our board of directors consists of 9 members: 5 directors responsible for business execution and 4 directors serving as Audit and Supervisory Committee members (outside directors). By ensuring that at least one-third of the board consists of independent outside directors serving as Audit and Supervisory Committee members and conducting systematic audits using the internal control system, we are strengthening the board's audit and supervisory functions.」
The company has maintained an audit and supervisory structure comprising a 9-member board and 4 independent outside directors serving as Audit and Supervisory Committee members. - FY2022Change to a 9-member board of directorsAnnual report
「As of the date of this filing, our board of directors consists of 9 members: 5 directors responsible for business execution and 4 directors serving as Audit and Supervisory Committee members (outside directors). By ensuring that at least one-third of the board consists of independent outside directors serving as Audit and Supervisory Committee members and conducting systematic audits using the internal control system, we are strengthening the board's audit and supervisory functions.」
The board has changed from the previous structure of 8 members, including 4 directors responsible for business execution, to a 9-member structure including 5 directors responsible for business execution, while maintaining 4 independent outside directors serving as Audit and Supervisory Committee members. - FY2019RestatedAnnual report
「The Company's Board of Directors comprises 8 members: 4 Directors engaged in the execution of business and 4 Directors who are Audit and Supervisory Committee Members (outside Directors). Half of the Board consists of outside and independent Directors who are Audit and Supervisory Committee Members, strengthening the Board's audit and supervisory functions through systematic audits using the internal control system.」
The Company maintains a structure in which 4 of the 8 Directors are independent outside Audit and Supervisory Committee Members. - FY2018RestatedAnnual report
「The Company's Board of Directors comprises 8 members: 4 Directors engaged in the execution of business and 4 Directors who are Audit and Supervisory Committee Members. Half of the Board consists of outside and independent Directors who are Audit and Supervisory Committee Members, strengthening the Board's audit and supervisory functions through systematic audits using the internal control system.」
The Company maintains an 8-member Board of Directors and an audit and supervisory structure comprising 4 independent Audit and Supervisory Committee Members, representing half of the Board. - FY2017RestatedAnnual report
「The Company's Board of Directors comprises 8 members: 4 Directors engaged in the execution of business and 4 Directors who are Audit and Supervisory Committee Members. Half of the Board consists of outside and independent Directors who are Audit and Supervisory Committee Members, strengthening the Board's audit and supervisory functions through systematic audits using the internal control system.」
The disclosure reconfirms the 8-member structure following the transition to a company with an Audit and Supervisory Committee and the audit and supervisory functions provided by 4 independent outside Audit and Supervisory Committee Members. - FY2016AchievedAnnual report
「At the Ordinary General Meeting of Shareholders held on 18 June 2016, amendments to the Articles of Incorporation providing for the transition to a company with an Audit and Supervisory Committee were approved, and the Company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee on the same date. Following the transition, the Company's Board of Directors comprises 8 members: 4 Directors engaged in the execution of business and 4 Directors who are Audit and Supervisory Committee Members. Half of the Board consists of outside and independent Directors who are Audit and Supervisory Committee Members, strengthening the Board's audit and supervisory functions through systematic audits using the internal control system.」
The disclosure states that the transition to a company with an Audit and Supervisory Committee was completed and that 4 of the 8 directors are independent Audit and Supervisory Committee Members.