Improving Discussions on Board Effectiveness Evaluations and Succession Planning
First written in FY2024. 1 of 4 entries say "Restated". Latest entry: 2026-07-27.
1 other company's latest entry also says "Other".
- 2026-07-27OtherChanges in Officers
「As we plan to appoint a successor Representative Director and President following the death and departure of the officer concerned, we will make an announcement once the decision has been made.」
The Company indicated that it plans to appoint a successor Representative Director and President. - FY2026ReframedAnnual report
「The survey responses were generally positive, and we recognize that the effectiveness of the Board as a whole has been ensured. On the other hand, opinions were expressed that opportunities for the training required of directors, including acquiring the necessary knowledge of their roles and responsibilities, were insufficient. It became clear that regular training sessions and study meetings are necessary when considering management strategies that take the cost of capital into account.」
The assessment shifted to the view that the Board as a whole is effective, while the focus of areas for improvement shifted from insufficient strategic discussions to insufficient director training and regular training sessions. - FY2025RestatedAnnual report
「At the same time, opinions were expressed that discussions on succession plans and management strategies focused on profitability and the cost of capital were insufficient. As in the previous year, we shared these as issues to be addressed in order to further improve the Board’s functions and invigorate its discussions.」
The Board effectiveness assessment confirmed, as an issue continuing from the previous year, insufficient discussion of succession planning and strategies focused on profitability and the cost of capital. - FY2024First statedAnnual report
「At the same time, opinions were expressed that discussions on succession plans and management strategies focused on profitability and capital strength were insufficient. We also shared issues to be addressed in order to further improve the Board’s functions and invigorate its discussions.」
Following a Board effectiveness assessment conducted with advice from an external organization, it identified discussions on succession plans and management strategies focused on profitability and capital strength as areas for improvement going forward.