Governance and Risk Management of Sustainability Issues
First written in FY2023. 2 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2026.
Meiho Holdings moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 2 of 10 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「At present, the Company has not yet established a structure for systematic deliberation by the Board of Directors regarding sustainability initiatives and related disclosure. Going forward, the Company will consider the appropriate framework for sustainability governance in light of developments in disclosure requirements and the characteristics of the Group’s businesses.」
The explanation changed from the framework presented in the previous fiscal year for reporting, deliberation, direction and supervision by the Board of Directors to a statement that, at present, a structure for systematic deliberation by the Board has not been established. The wording regarding the Board’s involvement in sustainability was weakened. - FY2025AdvancedAnnual report
「The policy is for the Board of Directors to identify and assess comprehensive sustainability-related risks and opportunities.」
The company set out the framework under which the Board of Directors is responsible for identifying and assessing comprehensive risks and opportunities, in addition to the Risk Management Committee's continued deliberation of sustainability issues. - FY2024AdvancedAnnual report
「When important sustainability-related matters are deliberated by the Risk Management Committee, the top executive is to report those matters to the Board of Directors. The structure is designed to ensure that important sustainability-related matters are properly addressed through the Board's necessary reporting, deliberation, instructions and oversight.」
For sustainability issues, the coordination process was specified: in addition to continued deliberation by the Risk Management Committee, important matters are reported to the Board of Directors, which provides instructions and oversight. - FY2023First statedAnnual report
「The Group will deliberate and consider sustainability-related issues through the Risk Management Committee going forward. The committee is headed by the Company's representative director and president as its top executive, with the Company's General Affairs Department serving as the coordinating department, each Group company as the department in charge, and the president of each Group company as the responsible officer. It generally meets twice a year.」
The governance structure for deliberating sustainability issues through the Risk Management Committee, headed by the representative director and president as the top executive, was described separately for the first time.