Management Control Focused on Transparency and Objectivity
First written in FY2018. 3 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2024.
59 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「Following a resolution at the 9th Annual General Meeting of Shareholders held on 28 November 2023, the Company transitioned from a company with an Audit & Supervisory Board to a company with an Audit & Supervisory Committee. By making the Audit & Supervisory Committee a voting body within the Board of Directors, the Company aimed to strengthen the Board's supervisory function and further enhance corporate governance through a strengthened monitoring framework.」
The transition from a company with an Audit & Supervisory Board to a company with an Audit & Supervisory Committee has been implemented, and a supervisory structure including 3 outside directors, 2 of whom are independent outside directors, is in operation. - FY2022AdvancedAnnual report
「As of the filing date, the company's Board of Directors consisted of 6 directors, including 3 outside directors. It decided on the execution of operations, including management policies, management strategies, business plans, the acquisition and disposal of material assets, and important organisational and personnel matters, and supervised the execution of directors' duties. A Nomination and Compensation Committee has been established.」
The number of outside directors increased to 3 of the 6 directors, and a Nomination and Compensation Committee was established. A management structure emphasising transparency and objectivity has taken shape. - FY2021RestatedAnnual report
「As of the filing date, the company's Board of Directors consisted of 6 directors, including 2 outside directors. As of the filing date, the company had appointed 3 corporate auditors, all 3 of whom were outside corporate auditors. For the names and other details of each corporate auditor, see “(2) Status of Officers, ① List of Officers.” The auditors monitor the nature and operation of the company's governance.」
The structure comprising 6 directors, including 2 outside directors, and 3 outside corporate auditors is reconfirmed. - FY2020Management composition updatedAnnual report
「As of the filing date, the company's Board of Directors consisted of 6 directors, including 2 outside directors. As of the filing date, the company had appointed 3 corporate auditors, all 3 of whom were outside corporate auditors, to monitor the nature and operation of its governance.」
The structure as of the filing date was updated to 6 directors, including 2 outside directors, and 3 outside corporate auditors. - FY2019AdvancedAnnual report
「As of the filing date, the company's Board of Directors consisted of 7 directors, including 2 outside directors. As of the filing date, the company had appointed 3 corporate auditors, all 3 of whom were outside corporate auditors, to monitor the nature and operation of its governance.」
The structure as of the filing date comprises 7 directors, including 2 outside directors, 3 outside corporate auditors and 2 internal audit personnel, among others, providing greater transparency and objectivity. - FY2018First statedAnnual report
「To ensure transparency and objectivity in our business activities, we will develop a system for monitoring the execution of operations and make timely information disclosures.」
The company explains its governance structure, including collaboration among the Board of Directors, Board of Corporate Auditors, internal audit function, accounting auditor and outside officers.