Management Oversight Framework Involving Outside Officers and the Board of Corporate Auditors
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2025.
Howtelevision moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
9 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「At the annual general meeting of shareholders held on 23 April 2025, the company approved amendments to its Articles of Incorporation to transition to a company with an Audit & Supervisory Committee. Accordingly, on the same date, the company changed from a company with an Audit & Supervisory Board to a company with an Audit & Supervisory Committee.」
The company changed from a company with a board of auditors to a company with an audit and supervisory committee, and changed to a supervisory structure with 4 outside directors among the 6 directors and all 3 audit and supervisory committee members serving as outside directors. - FY2022RestatedAnnual report
「The company’s Board of Directors consists of 4 directors, including 1 outside director, and has the authority to decide on the execution of the company’s business and supervise the execution of the directors’ duties.」
The company reaffirms its management oversight structure comprising a Board of Directors that includes 1 outside director and 3 outside Audit & Supervisory Board members. - FY2021RestatedAnnual report
「The company’s Board of Directors consists of 4 directors, including 1 outside director, and has the authority to decide on the execution of the company’s business and supervise the execution of the directors’ duties.」
The company reaffirms its oversight structure comprising a Board of Directors that includes 1 outside director and 3 outside Audit & Supervisory Board members. - FY2020First statedAnnual report
「Following the appointment of 1 outside director, the company is promoting the development of a structure that enables management decisions based on a broader perspective, rather than one limited to the company’s internal view, and management oversight from outside the company.」
The company describes a structure with 1 outside director and 3 outside Audit & Supervisory Board members, drawing on external oversight and their expertise.