Strengthening oversight through the transition to a company with an Audit & Supervisory Committee
First written in FY2017. 4 of 9 entries say "Advanced", first in FY2020. Latest entry: 2026-06-25.
- 2026-06-25RestatedGovernance
「Audit and Supervisory Committee Audit Supervision Board of Directors Supervision Reporting Representative Director and President」
The corporate governance structure chart reaffirms the relationships among the Audit and Supervisory Committee, Board of Directors, Representative Director and President, Internal Audit Office and Internal Control Office in supervision, reporting and auditing. - FY2026AdvancedAnnual report
「Specific activities include preparing and reviewing progress under the medium-term management plan, and discussing and deliberating capital investment, reviews of cross-shareholdings, the shareholder return policy, and various capital policies.」
The disclosure states that the Board of Directors specifically deliberates on progress under the medium-term management plan, capital investment, cross-shareholdings, shareholder returns, and capital policies. - 2026-06-03RestatedGeneral Meetings of Shareholders
「This proposal was determined following deliberation and a report by the Nomination and Compensation Committee, which is composed of a majority of independent outside directors.」
The disclosure describes the deliberation and reporting process conducted by the Nomination and Compensation Committee, which has a majority of independent outside directors. - FY2024AdvancedAnnual report
「The Company's officer structure comprises 5 directors, excluding directors who are Audit and Supervisory Committee members, and 4 directors who are Audit and Supervisory Committee members, including 3 outside directors.」
As a company with an Audit and Supervisory Committee, the Company operates with 5 directors and 4 Audit and Supervisory Committee members, including 3 outside directors. The Board of Directors met 14 times during the fiscal year under review, and the Audit and Supervisory Committee met 14 times, generally once a month. - FY2022AdvancedAnnual report
「The Audit and Supervisory Committee comprises 4 members, chaired by full-time Audit and Supervisory Committee member Otsuka Tadahiko (大塚忠彦), including outside directors Kaneko Takenori (金子健紀), Hashizume Norio (橋爪規夫), and Ishizuka Yoko (石塚陽子). By granting voting rights at Board of Directors meetings to the Audit and Supervisory Committee, more than half of whose members are outside directors, the Company is strengthening its audit and supervisory functions and further enhancing corporate governance.」
The Audit and Supervisory Committee increased from 3 to 4 members, and the number of outside directors became 3. The disclosure describes a change in the structure aimed at strengthening audit and supervisory functions. - FY2020AdvancedAnnual report
「At the 61st Annual General Meeting of Shareholders, the Company increased the number of directors by 1 to strengthen its management structure.」
The Company increased the number of directors by 1 to strengthen its management structure, resulting in a structure comprising 4 directors and 3 Audit and Supervisory Committee members, including 2 outside directors. - FY2019RestatedAnnual report
「The Audit and Supervisory Committee comprises 3 members, chaired by full-time Audit and Supervisory Committee member Otsuka Tadahiko (大塚忠彦), including outside directors Kaneko Takenori (金子健紀) and Kanazawa Kenichi (金澤健一). By granting voting rights at Board of Directors meetings to the Audit and Supervisory Committee, more than half of whose members are outside directors, the Company is strengthening its audit and supervisory functions and further enhancing corporate governance.」
The Company continues to operate as a company with an Audit and Supervisory Committee. 2 of the 3 Audit and Supervisory Committee members are outside directors. - FY2018AchievedAnnual report
「The Company is a company with an Audit and Supervisory Committee. It has adopted this structure because it believes that granting voting rights at Board of Directors meetings to the Audit and Supervisory Committee, more than half of whose members are outside directors, will strengthen the Board's supervisory function, accelerate and improve the efficiency of business execution, strengthen audit and supervisory functions, and further enhance corporate governance.」
The transition from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee has been completed, and the Company operates with 4 directors and 3 Audit and Supervisory Committee members, including 2 outside directors. - FY2017First statedAnnual report
「At the 58th Annual General Meeting of Shareholders held on 23 June 2017, the Company approved amendments to its Articles of Incorporation providing for the transition to a company with an Audit and Supervisory Committee. Accordingly, effective on the same date, the Company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee. The Company adopted this structure because it believed that granting voting rights at Board of Directors meetings to the Audit and Supervisory Committee, more than half of whose members are outside directors, would strengthen the Board's supervisory function, accelerate and improve the efficiency of business execution, strengthen audit and supervisory functions, and further enhance corporate governance.」
The Company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, and disclosed a structure comprising 4 directors and 3 Audit and Supervisory Committee members, including 2 outside directors.