Strengthening the governance structure and oversight by outside directors, outside audit & supervisory board members and internal audit
First written in FY2017. 5 of 9 entries say "Advanced", first in FY2019. Latest entry: 2026-11-06.
Kanadevia moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Materialised".
- FY2026AdvancedAnnual report
「For compliance, the company established a Legal and Intellectual Property Division effective 1 January 2026, with the objective of promoting sound corporate growth centered on addressing increasingly complex and diverse legal risks and the strategic use of intellectual property.」
The Legal and Intellectual Property Division, responsible for addressing legal risks and making strategic use of intellectual property, was established effective 1 January 2026. - FY2025AdvancedAnnual report
「If a serious compliance violation or a matter that may constitute one is identified, it will be promptly reported to the Board of Directors, which will conduct thorough discussions concerning compliance, internal controls and enterprise risk management.」
Following inappropriate conduct, a mechanism was specified for reporting serious compliance matters to the Board of Directors and ensuring thorough oversight of internal controls and ERM. - FY2023AdvancedAnnual report
「The Board of Directors consists of 8 directors, including 4 outside directors, with the President and Representative Director serving as chair. In addition, the Company has established a Nomination and Compensation Advisory Committee as a voluntary advisory body to the Board of Directors in order to strengthen the independence and objectivity of, and accountability for, the Board's functions relating to the nomination of executive officers and directors, including succession planning, and compensation.」
The proportion of outside directors on the Board of Directors and the authority and independence of the Nomination and Compensation Advisory Committee, including succession planning, were described in detail. - FY2020AdvancedAnnual report
「In particular, when pursuing business overseas, the Company has established a risk management division since fiscal 2020 in order to assess and identify risks from various perspectives, determine its approach to business after implementing sufficient risk hedging, and monitor progress. The Company intends to pursue its business cautiously yet boldly.」
With respect to governance and risk oversight, the establishment in fiscal 2020 of a risk management division covering overseas operations was specified. - FY2019AdvancedAnnual report
「The Company has established a Nomination and Compensation Advisory Committee as a voluntary advisory body to the Board of Directors. The committee consists of the chair of the Board of Directors and 5 outside officers, comprising 3 outside directors and 2 outside audit & supervisory board members. Nominees for directors and audit & supervisory board members are decided by the Board of Directors after consultation with the committee.」
The establishment of a Nomination and Compensation Advisory Committee including 5 outside officers and its involvement in the appointment and compensation of officers were specified. - FY2017First statedAnnual report
「The Company has adopted the audit & supervisory board system. The Board of Directors consists of 10 directors and, in addition to matters prescribed by laws and regulations, makes decisions on the execution of operations and important matters, including basic management policies, and supervises the execution of operations. In addition, oversight of management has been strengthened by appointing 3 of the 10 directors as outside directors and 2 of the 4 audit & supervisory board members as outside audit & supervisory board members.」
The oversight structure involving the audit & supervisory board system, including outside directors and outside audit & supervisory board members, the Board of Directors and internal audit was described in detail as an important issue.