Strengthening the Corporate Governance Framework and Dialogue with the Capital Markets
First written in FY2016. 8 of 9 entries say "Advanced", first in FY2019. Latest entry: FY2026.
15 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year, the Board of Directors discussed the business portfolio strategy, initiatives to strengthen quality functions and compliance, and efforts to improve diversity among core human resources.」
The Board of Directors identified the business portfolio, quality and compliance, and diversity among core human resources as discussion topics. As of the filing date, 7 of the 12 directors were outside directors, giving them a majority. - FY2024AdvancedAnnual report
「Of the 13 directors, including 5 directors who serve as Audit and Supervisory Committee members, 7 are outside directors, including 3 Audit and Supervisory Committee members, giving outside directors a majority. In June 2024, the company appointed its first female internal director serving as an Audit and Supervisory Committee member. The Board currently includes 5 women and 2 foreign-national directors, promoting diversity alongside a balance of knowledge, experience and capabilities and enabling more multifaceted management decisions.」
While maintaining a Board composition in which outside directors hold a majority, the number of female directors increased from 3 to 5, including the director appointed in June 2024, expanding Board diversity through the inclusion of women and foreign nationals. - FY2023AdvancedAnnual report
「In June 2023, 1 outside director independent of business execution joined the Board of Directors, bringing its total membership to 13, including 5 directors who serve as Audit and Supervisory Committee members. As a result, outside directors became a majority, with 7 of the 13 directors, including 3 Audit and Supervisory Committee members. The Board also comprises 3 women and 2 foreign-national directors among its 13 members, further enhancing diversity alongside the balance of knowledge, experience and capabilities.」
Outside directors became a majority with 7 members, and the company disclosed the composition of the Board of Directors, including 3 women and 2 foreign-national directors. This was an increase from 6 outside directors previously. - FY2022AdvancedAnnual report
「The company has appointed 6 outside directors independent of business execution, including 3 directors who serve as Audit and Supervisory Committee members. It is also promoting the separation of management oversight and execution by separating directors from business heads, such as company presidents, thereby strengthening the oversight function of the Board of Directors.」
The number of outside directors increased from 3 to 6, defining the oversight function, including Audit and Supervisory Committee members, and the separation of directors from business heads. - FY2019AdvancedAnnual report
「The company has appointed 3 outside directors independent of business execution, who are independent officers under the rules of the Tokyo Stock Exchange. It has also established Nomination Advisory and Compensation Advisory Committees as advisory bodies to the Board of Directors. A majority of each committee comprises outside officers, and each is chaired by an outside director, strengthening the transparency and objectivity of the Board of Directors.」
The company described a specific governance framework that includes 3 independent outside directors and Nomination and Compensation Advisory Committees, a majority of whose members are outside officers. - FY2016First statedAnnual report
「Taking into account the intent of the Corporate Governance Code and the Stewardship Code, the company will continue to consider a corporate governance system suited to it and maintain high-quality dialogue with the capital markets, thereby working to enhance corporate value.」
Continued review of the governance framework and engagement were identified as standalone items in the medium-term plan.