Strengthening the Board of Directors’ Oversight Function and Expanding Outside Directors
First written in FY2020. 5 of 10 entries say "Advanced", first in FY2022. Latest entry: 2026-07-01.
- FY2026AdvancedAnnual report
「We determined that the effectiveness of the Board of Directors in fiscal 2025 was appropriately ensured. In particular, improvements from the previous fiscal year were recognized in the progress of free and open discussions among directors, feedback to the Board on dialogue with institutional investors, and increased time for discussions on the company’s direction and management strategy.」
Regarding the strengthening of the Board of Directors’ oversight function, improvements from the previous fiscal year were confirmed through the effectiveness evaluation, and the preparation of materials, discussion of key themes, director training, and dialogue between outside directors and executive officers were established as priority measures for fiscal 2026. - FY202511-member Board of Directors with 6 outside directorsAnnual report
「As in fiscal 2023, in fiscal 2024 we maintained an 11-member Board of Directors, including 6 outside directors, with outside directors comprising a majority of the Board, and established a balanced structure of executive directors and non-executive directors, including independent outside directors.」
The company disclosed that it had maintained an 11-member Board of Directors with 6 outside directors, with independent outside directors comprising a majority. It also described the operation of the Board effectiveness evaluation and delegation of authority. - FY202311-member Board of Directors with 6 outside directorsAnnual report
「In fiscal 2022, we reviewed the functions and composition of the Board of Directors, establishing a 12-member structure with 5 outside directors. While maintaining a balance between executive directors and non-executive directors, including independent outside directors, we promoted the separation of management oversight from business execution.」
It was disclosed that the Board of Directors had been reorganized from a 13-member structure with 6 outside directors to a 12-member structure with 5 outside directors, while continuing to separate management oversight from business execution. - FY2022AdvancedAnnual report
「In 2021, we again reviewed the functions and composition of the Board of Directors, establishing a 13-member structure while retaining 6 outside directors. While maintaining a balance between executive directors and non-executive directors, including independent outside directors, we promoted the separation of management oversight from business execution.」
The strengthening of the Board of Directors’ oversight function was described in terms of a 13-member Board with 6 outside directors and the delegation of authority to the executive organization. - FY2020First statedAnnual report
「Since 2020, we have reviewed the functions and composition of the Board of Directors, establishing a 14-member structure with 6 outside directors. While maintaining a balance between executive directors and non-executive directors, including independent outside directors, we are promoting the separation of management oversight from business execution.」
A policy was newly stated to promote the separation of oversight from business execution by establishing a 14-member Board of Directors, including 6 outside directors, delegating authority to executive officers, and utilizing the Nomination and Compensation Advisory Committee and other bodies.