Transparent Management and an Oversight Framework Led by Outside Directors
First written in FY2021. 3 of 6 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2023: 15 of 101 companies on the "Worse" side.
- FY2026Planned changes to the composition of the board and the proportion of womenAnnual report
「If this proposal is approved, the company's officers will be as follows. The descriptions of officers' positions and other matters include the details of the positions and other matters to be resolved at the board meeting scheduled to be held immediately after the annual general meeting of shareholders.」
As of the filing date, the company had 2 female officers and 6 outside officers. Following approval of the proposal at the general meeting of shareholders, it is stated that the company is expected to have 3 female officers, representing approximately 43%, 2 outside directors and 3 outside Audit & Supervisory Board Members. - 2026-05-20AdvancedChanges in Officers
「As a result, outside directors and outside audit & supervisory board members are expected to account for approximately 71% of all directors and audit & supervisory board members, while women are expected to account for approximately 43%. The Company recognizes governance as an important management issue, and will focus on high-quality discussions and swift decision-making by the Board of Directors, while working to strengthen its management control framework and promote diversity in its workforce.」
The company presented planned ratios for outside officers and women, and specified initiatives to strengthen its management control framework and promote workforce diversity. The canonical thread remains unchanged. - FY2025AdvancedAnnual report
「At the annual general meeting of shareholders held on 23 June 2024, 2 female directors were appointed, bringing the proportion of female directors to approximately 28% (2/7) in the fiscal year ending March 2025. In addition, 6 of the 7 directors and Audit & Supervisory Board Members were outside officers, representing approximately 85%, strengthening management oversight.」
The company specified a structure comprising 2 female officers, representing approximately 28%, and 6 outside officers, representing approximately 85%, with oversight by outside officers and diversity. - FY2023AdvancedAnnual report
「To establish a substantive governance structure at its listed subsidiary, the company has adopted as a basic policy an outside-director ratio of at least 1/3 on the board, and has appointed 3 outside directors and 3 outside Audit & Supervisory Board Members.」
The number of outside directors increased from 2 in the previous fiscal year to 3, and an oversight structure including 3 outside Audit & Supervisory Board Members was presented. A tripartite audit meeting involving internal audits, Audit & Supervisory Board Member audits and accounting audits is also held in principle once every quarter. - FY2022RestatedAnnual report
「To establish a substantive governance structure at its listed subsidiary, the company has adopted as a basic policy an outside-director ratio of at least 1/3 on the board, and has appointed 2 outside directors and 2 outside Audit & Supervisory Board Members.」
The company continues its oversight structure comprising 2 outside directors, an outside-director ratio of at least 1/3 on the board and 2 outside Audit & Supervisory Board Members, as well as board approval of related-party transactions. - FY2021First statedAnnual report
「The company believes that enhancing the soundness, transparency and objectivity of management is important for sustainably increasing corporate value. Accordingly, as part of its efforts to strengthen corporate governance, it will work to make the decision-making process more transparent, including by enhancing the number of outside directors.」
As a listed company, it has established targets of 2 outside directors, an outside-director ratio of at least 1/3 on the board, and coordination among internal audits, Audit & Supervisory Board Member audits and accounting audits.