Independent oversight and advice from outside directors and outside Audit & Supervisory Board members
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2023: 14 of 101 companies on the "Worse" side.
- FY2020RestatedAnnual report
「The 3 outside directors have extensive experience and deep insight accumulated over many years. From an impartial position independent of the Company's management, they are expected to serve a checking function to ensure that management decisions are not unduly influenced by the logic of insiders and to provide appropriate advice to management.」
The Company continues to describe the role of its 3 outside directors in reviewing management decisions and providing advice. - FY2019RestatedAnnual report
「The 3 outside directors have extensive experience and deep insight accumulated over many years. From an impartial position independent of the Company's management, they are expected to serve a checking function to ensure that management decisions are not unduly influenced by the logic of insiders and to provide appropriate advice to management.」
The Company continues to describe the role of its 3 outside directors in reviewing management decisions and providing advice. - FY2017First statedAnnual report
「The 3 outside directors have extensive experience and deep insight accumulated over many years. From an impartial position independent of the Company's management, they are expected to serve a checking function to ensure that management decisions are not unduly influenced by the logic of insiders and to provide appropriate advice to management.」
The Company has appointed 3 outside directors and 2 outside Audit & Supervisory Board members, and describes a system under which they check management decisions, provide advice, and monitor legal compliance.