Multilayered Governance and Risk Management Framework
First written in FY2016. 7 of 12 entries say "Advanced", first in FY2017. Latest entry: 2026-07-02.
24 other companies' latest entry also says "Advanced".
- 2026-07-02AdvancedGovernance
「The knowledge, experience and capabilities possessed by each director」
Knowledge, experience and capabilities in areas including corporate management, sustainability, finance, technology, marketing, human capital, investment, financial accounting, legal and risk management, and governance were presented in a skills matrix for each director, making the Board’s composition and capabilities more visible. - FY2026AdvancedAnnual report
「The company’s policy on the composition of the board of directors has been established by the board after deliberation by the voluntary nomination and compensation committees, based on the recognition that the board must play an important role in making better key management decisions and overseeing the execution of duties in order to realize the company’s management philosophy.」
The company newly codified its policy on board composition, requiring a majority of independent outside directors and seeking diversity, thereby specifying its governance design. - FY2025AchievedAnnual report
「At the board of directors meeting following the conclusion of the 18th Annual General Meeting of Shareholders held on 23 June 2024, the company changed the board’s composition so that independent outside directors constituted a majority, with the aim of strengthening the board’s supervisory function and further separating oversight from execution. It also reduced the number of directors from 10 to 7 to enhance the effectiveness and efficiency of the board as a monitoring board.」
The planned transition to a monitoring board with a majority of independent outside directors and 7 directors was completed in the previous fiscal year. - FY2024ReframedAnnual report
「To strengthen the supervisory function of the board of directors and further separate oversight from execution, the company plans to change the composition of the board of directors after the conclusion of the 18th Annual General Meeting of Shareholders scheduled for 23 June 2024, so that independent outside directors will constitute a majority. It also plans to reduce the number of directors from 10 to 7 to enhance the effectiveness and efficiency of the board as a monitoring board.」
The company has reorganized its previous layered governance structure as a plan to transition to a monitoring board with a majority of independent outside directors and 7 directors. - FY2022AdvancedAnnual report
「To further strengthen the supervisory function of the board of directors and corporate governance, the company transitioned to a company with an Audit and Supervisory Committee pursuant to a resolution at the 15th Annual General Meeting of Shareholders held on 20 June 2021, thereby establishing its corporate governance structure.」
The company transitioned from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee, and specified a governance structure incorporating an Audit and Supervisory Committee and nomination and compensation committees centered on independent outside directors. - FY2019RestatedAnnual report
「The company has introduced an executive officer system to separate management decision-making and oversight from business execution and strengthen its decision-making functions.」
The company continues to maintain a layered governance structure combining outside officers, a board of corporate auditors, nomination and compensation committees, the executive officer system and various committees. - FY2018RestatedAnnual report
「In addition to establishing an independent internal audit department and a board of corporate auditors, the company has established a layered and effective corporate governance structure that incorporates external perspectives through the appointment of multiple outside directors and outside corporate auditors, establishment of a CCO (Chief Compliance Officer) overseeing compliance, the executive officer system, voluntary nomination and compensation committees, an advisory board and various committees.」
The company continues to maintain a layered governance structure combining outside officers, internal audit, a CCO, nomination and compensation committees, and various other committees. - FY2017AdvancedAnnual report
「In addition to establishing an independent internal audit department and a board of corporate auditors, the company has established a layered and effective corporate governance structure that incorporates external perspectives through the appointment of outside directors and outside corporate auditors, establishment of a Chief Compliance Officer overseeing compliance, and the executive officer system, voluntary nomination and compensation committees, advisory board and various committees.」
In addition to its previous governance structure, the company describes the establishment of voluntary nomination and compensation committees and a specific structure including outside directors. - FY2016First statedAnnual report
「In addition to establishing an independent internal audit department and a board of corporate auditors, the company has established a layered and effective corporate governance structure that incorporates external perspectives through the selection of a Chief Executive Officer (CEO) and Chief Operating Officer (COO), appointment of outside directors and outside corporate auditors, establishment of a Chief Compliance Officer overseeing compliance, and the executive officer system, advisory board and various committees.」
The company has established a framework that combines outside officers, internal audit, executive officers, committees and an advisory board, with an emphasis on compliance and risk management.