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Governance6742Kyosan Electric Manufacturing Co.,Ltd.Electrical Equipment and Precision Instruments

Partial revision of the Basic Policy on Internal Control Systems

The Board of Directors resolved to partially revise the Basic Policy on the Internal Control Systems. The revised policy establishes systems for compliance, risk management, subsidiary management and reporting to Audit & Supervisory Board Members, among other matters, but the specific provisions changed and the details of those changes cannot be confirmed from the text.

Worth reading
41Recurring
Scored from 4 of 5 sections
Direction
Neutral
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Scale
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Wording
Definitive
How definitive the wording is.

Governance structure

Company with an Audit & Supervisory Board
Number of directors6 directors in total, including 4 outside directors
Committee1
Nomination and Compensation Committee (an optional advisory body to the Board of Directors). The proportion of outside members is 非開示
Changes this time

The Board of Directors resolved to partially revise the Basic Policy on the Internal Control Systems. The details of the specific provisions revised are Not disclosed in the text

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit & Supervisory Board
Number of directors6 directors in total, including 4 outside directors
CommitteeNomination and Compensation Committee (an optional advisory body to the Board of Directors). The proportion of outside members is Not disclosed
Changes this timeThe Board of Directors resolved to partially revise the Basic Policy on the Internal Control Systems. The details of the specific provisions revised are Not disclosed in the text
Items this document does not state (4)
Number of independent officersPolicy on cross-shareholdingsTakeover defensesControlling shareholder

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To ensure sound and highly functional corporate governance and the transparency and soundness of corporate activities. The revision also aims to maintain and enhance the corporate governance system by strengthening the functions of the Board of Directors while making use of the supervisory functions of Audit & Supervisory Board Members.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Partial revision of the Basic Policy on Internal Control Systems | Kyosan Electric Manufacturing Co.,Ltd. (6742) timely disclosure | Komori