Governance to Enhance Transparency and Sound Management
First written in FY2016. 4 of 14 entries say "Restated". Latest entry: FY2026.
- FY2026Proposal to the General Meeting of Shareholders for a 7-member Board of DirectorsAnnual report
「The company will submit the proposal, “Election of 7 Directors,” as an agenda item for approval at the Annual General Meeting of Shareholders scheduled for 25 September 2026. If the proposal is approved as originally submitted, the Board of Directors will consist of 7 directors, including 4 outside directors,」
The filing indicates that the Board is expected to change from 8 directors, including 4 outside directors, as of the filing date to 7 directors, including 4 outside directors, if approved at the General Meeting of Shareholders. - FY2025Planned change in the composition of the Audit & Supervisory BoardAnnual report
「The Board of Directors consists of 8 directors, compared with a maximum of 15 under the Articles of Incorporation. 4 are outside directors. In addition to matters prescribed by laws and regulations and the Articles of Incorporation, the Board resolves matters concerning the business plan and other important operations, and supervises the execution of directors’ duties.」
The structure of 8 directors, including 4 outside directors, has continued from the previous fiscal year. Meanwhile, Audit & Supervisory Board member 浅見公一 is scheduled to resign at the conclusion of the Annual General Meeting of Shareholders, and the Audit & Supervisory Board is expected to change from 4 members to 3. - FY2024Change in the number of Board members and outside directorsAnnual report
「The Board of Directors consists of 8 directors, compared with a maximum of 15 under the Articles of Incorporation. 4 are outside directors. In addition to matters prescribed by laws and regulations and the Articles of Incorporation, the Board resolves matters concerning the business plan and other important operations, and supervises the execution of directors’ duties.」
The Board of Directors now consists of 8 directors, including 4 outside directors. The composition has changed from the 9 directors, including 3 outside directors, stated for the previous fiscal year. - FY2023Change in the number of Board of Directors membersAnnual report
「The Board of Directors consists of 9 directors, compared with a maximum of 15 under the Articles of Incorporation. 3 are outside directors. In addition to matters prescribed by laws and regulations and the Articles of Incorporation, the Board resolves matters concerning the business plan and other important operations, and supervises the execution of directors’ duties.」
Following the introduction of the executive officer system, the Board of Directors is stated as consisting of 9 directors, including 3 outside directors. - FY2022AdvancedAnnual report
「To clarify the division of responsibilities between the Board of Directors, which handles management decision-making and oversight, and the management meeting, which handles business execution, and to enhance corporate governance, the company introduced an executive officer system on 28 September 2022.」
The company introduced an executive officer system and set the Board of Directors at 6 members, including 3 outside directors. It moved to a structure with a clearer division between the Board’s decision-making and oversight functions and business execution. - FY2021AdvancedAnnual report
「The Board of Directors consists of 9 directors, compared with a maximum of 15 under the Articles of Incorporation. 4 are outside directors. In addition to matters prescribed by laws and regulations and the Articles of Incorporation, the Board resolves matters concerning the business plan and other important operations, and supervises the execution of directors’ duties.」
The Board of Directors now consists of 9 directors, including 4 outside directors, compared with the previously stated structure of 8 directors, including 3 outside directors. A nomination and compensation committee has also been established, chaired by an outside director. - FY2020RestatedAnnual report
「We believe that actively adopting various measures to enhance transparency as a public company and ensure sound management, and establishing, maintaining and improving a management structure trusted by shareholders and investors, will meet the expectations of all stakeholders, including shareholders.」
The company continues its policy of enhancing transparency and soundness as a public company and maintaining and improving a trusted management structure. - FY2019RestatedAnnual report
「The company recognizes that actively adopting various measures to enhance transparency as a public company and ensure sound management, and establishing, maintaining and improving a management structure trusted by shareholders and investors, will meet the expectations of all stakeholders, including shareholders.」
The company continues its policy of enhancing transparency and soundness as a public company and maintaining and improving a trusted management structure. - FY2018RestatedAnnual report
「The Board of Directors consists of 8 directors, compared with a maximum of 10 under the Articles of Incorporation. 3 are outside directors. In addition to matters prescribed by laws and regulations and the Articles of Incorporation, the Board resolves matters concerning the business plan and other important operations, and supervises the execution of directors’ duties.」
The company continues to maintain a transparency and oversight structure comprising the Board of Directors, including 3 outside directors, the management meeting and the compensation committee. - FY2017RestatedAnnual report
「The Board of Directors consists of 8 directors, compared with a maximum of 10 under the Articles of Incorporation. 3 are outside directors. In addition to matters prescribed by laws and regulations and the Articles of Incorporation, the Board resolves matters concerning the business plan and other important operations, and supervises the execution of directors’ duties.」
The company continues to maintain a structure involving the Board of Directors, including outside directors, the management meeting and the compensation committee to enhance transparency and the soundness of management. - FY2016First statedAnnual report
「The company recognizes that actively adopting various measures to enhance transparency as a public company and ensure sound management, and establishing, maintaining and improving a management structure trusted by shareholders and investors, will meet the expectations of all stakeholders, including shareholders.」
The company has established a governance structure including 3 outside directors and 2 outside audit & supervisory board members, as well as a management meeting and compensation committee.