Transition to a Company With an Audit and Supervisory Committee and Strengthening Governance
First written in FY2017-Q1. 11 of 21 entries say "Restated". Latest entry: 2026-08-25.
- 2026-08-25AdvancedGeneral Meetings of Shareholders
「To strengthen the supervisory function over management and achieve sustainable enhancement of corporate value, we will increase the number of outside directors by 2 and request the election of 2 directors, excluding directors who are Audit and Supervisory Committee members.」
The company gave concrete form to its governance framework, based on a company with an Audit and Supervisory Committee and including outside directors, through the addition of 2 outside directors and strengthened financial oversight and corporate governance. The CANONICAL THREADS remain unchanged. - FY2026AdvancedAnnual report
「The Board of Directors comprises 6 Directors, excluding Directors serving as Audit and Supervisory Committee Members, including 3 Outside Directors, and 3 Directors serving as Audit and Supervisory Committee Members, including 2 Outside Directors, and」
While continuing the company-with-an-Audit-and-Supervisory-Committee structure and the Nomination and Compensation Committee, the Company provides specific disclosure on the composition of the Board of Directors, including 5 Outside Directors, the executive officer system, and cooperation with the internal audit function and the Audit and Supervisory Committee. - FY2023AdvancedAnnual report
「The Nomination and Compensation Committee comprises 3 Directors serving as Nomination and Compensation Committee Members, including 2 Outside Directors, and is intended to ensure the transparency and fairness of the process for nominating candidates for Director and selecting the Representative Director and other Directors with titles, as well as to provide a forum in which Outside Directors serving as Audit and Supervisory Committee Members can obtain sufficient information and discuss matters in order to form opinions on the nomination of officers and other matters.」
The description has been updated from the previous explanation of the Audit and Supervisory Committee and Nomination Advisory Committee to specify the composition and purposes of the committee handling nominations and compensation, and it states that there are also 4 Outside Directors. - FY2022-Q1RestatedAnnual report
「The Audit and Supervisory Committee comprises 3 members, including 2 Outside Directors who are independent officers, and supervision and auditing are conducted from the perspectives of Outside Directors and shareholders.」
The Company reaffirms its governance enhancements through the company-with-an-Audit-and-Supervisory-Committee structure, a 3-member structure including 2 independent Outside Directors, the Nomination Advisory Committee and the use of external experts. - FY2021-Q2RestatedAnnual report
「The Audit and Supervisory Committee comprises 3 members, including 2 Outside Directors who are independent officers, and supervision and auditing are conducted from the perspectives of Outside Directors and shareholders.」
The Company reaffirms the governance enhancements achieved through its structure as a company with an Audit and Supervisory Committee, a 3-member structure including 2 independent Outside Directors, and the obtaining of opinions from external experts. - FY2020AdvancedAnnual report
「The Nomination Advisory Committee comprises 3 Directors serving as Nomination Advisory Committee Members, including 2 Outside Directors, and is intended to ensure the transparency and fairness of the process for nominating candidates for Director and selecting the Representative Director and other Directors with titles, and」
In addition to the company-with-an-Audit-and-Supervisory-Committee structure and the executive officer system, the Company has established a 3-member Nomination Advisory Committee, including 2 Outside Directors, and describes a structure for ensuring the transparency and fairness of the executive selection process. It also states that there are 5 Outside Directors. - FY2020-Q2RestatedAnnual report
「The Audit and Supervisory Committee comprises 3 members, including 2 Outside Directors who are independent officers, and supervision and auditing are conducted from the perspectives of Outside Directors and shareholders.」
The Company reaffirms the governance enhancements achieved through its structure as a company with an Audit and Supervisory Committee, a 3-member structure including 2 independent Outside Directors, and the obtaining of opinions from external experts. - FY2020-Q1RestatedAnnual report
「The Audit and Supervisory Committee comprises 3 members, including 2 Outside Directors who are independent officers, and」
The Company reaffirms the governance enhancements achieved through its structure as a company with an Audit and Supervisory Committee, a 3-member structure including 2 independent Outside Directors, and the obtaining of opinions from external experts. - FY2019-Q1RestatedAnnual report
「The Company recognizes that strengthening corporate governance and enhancing the soundness, transparency and efficiency of management constitute a necessary and effective mechanism for enhancing corporate value and the common interests of shareholders. As part of this effort, the Company has adopted the organizational structure of a company with an Audit and Supervisory Committee. The Audit and Supervisory Committee comprises 3 members, including 2 Outside Directors who are independent officers, and」
The Company reaffirms the governance enhancements achieved through its structure as a company with an Audit and Supervisory Committee, a 3-member structure including 2 independent Outside Directors, and the obtaining of opinions from external experts. - FY2018-Q3RestatedAnnual report
「The Company has adopted the system of a company with an Audit and Supervisory Committee. The business execution of the Directors is audited by the Audit and Supervisory Committee, which comprises 3 members, including 2 independent Outside Audit and Supervisory Committee Members.」
The structure of a company with an Audit and Supervisory Committee, comprising 3 members including 2 independent Outside Audit and Supervisory Committee Members, is reaffirmed. Efforts to obtain opinions from external experts and legal and accounting professionals are also continuing. - FY2018-Q2RestatedAnnual report
「The Company has adopted the system of a company with an Audit and Supervisory Committee. The business execution of the Directors is audited by the Audit and Supervisory Committee, which comprises 3 members, including 2 independent Outside Audit and Supervisory Committee Members.」
The structure of a company with an Audit and Supervisory Committee, comprising 3 members including 2 independent Outside Audit and Supervisory Committee Members, is reaffirmed. Efforts to obtain opinions from external experts and legal and accounting professionals are also described. - FY2018-Q1RestatedAnnual report
「The Company has adopted the system of a company with an Audit and Supervisory Committee. The business execution of the Directors is audited by the Audit and Supervisory Committee, which comprises 3 members, including 2 independent Outside Audit and Supervisory Committee Members.」
The structure of a company with an Audit and Supervisory Committee, comprising 3 members including 2 independent Outside Audit and Supervisory Committee Members, is reaffirmed, with no new institutional changes indicated. - FY2017RestatedAnnual report
「At the Annual General Meeting of Shareholders held on 23 June 2016, the Company changed from a company with a Board of Company Auditors to a company with an Audit and Supervisory Committee.」
The governance structure, including the change to a company with an Audit and Supervisory Committee, 2 Outside Directors among the 3 Audit and Supervisory Committee Members and the executive officer system, is reaffirmed, with no new institutional changes indicated. - FY2017-Q3RestatedAnnual report
「To strengthen corporate governance as a necessary and effective mechanism for securing and enhancing corporate value and the common interests of shareholders, the Company changed from a company with a Board of Company Auditors to a company with an Audit and Supervisory Committee pursuant to a resolution adopted at the Annual General Meeting of Shareholders held on 23 June 2016.」
The Company reaffirms its change to a company with an Audit and Supervisory Committee, Directors' terms of office and the structure in which 2 of the 3 Directors serving as Audit and Supervisory Committee Members are Outside Directors, with no new institutional changes. - FY2017-Q2RestatedAnnual report
「To strengthen corporate governance as a necessary and effective mechanism for securing and enhancing corporate value and the common interests of shareholders, the Company changed from a company with a Board of Company Auditors to a company with an Audit and Supervisory Committee pursuant to a resolution adopted at the Annual General Meeting of Shareholders held on 23 June 2016.」
The governance structure described in the previous quarter, including the change to a company with an Audit and Supervisory Committee, Directors' terms of office and the composition of Outside Directors, is reaffirmed. - FY2017-Q1First statedAnnual report
「Pursuant to a resolution adopted at the Annual General Meeting of Shareholders held on 23 June 2016, the Company changed from a company with a Board of Company Auditors to a company with an Audit and Supervisory Committee. In addition, 2 of the 3 Directors serving as Audit and Supervisory Committee Members are highly independent Outside Directors, and」
Governance enhancements are described, including the change in corporate structure, the composition of Outside Directors and the setting of Directors' terms of office.