Dual Oversight Framework Including Outside Directors and Outside Corporate Auditors
First written in FY2022. . Latest entry: FY2025.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
- FY2025Proposal to change the number of directors from 4 to 5Annual report
「We have proposed the election of 5 directors as an agenda item for the ordinary general meeting of shareholders scheduled for 23 December 2025. If the proposal is approved, we will have 5 directors, including 2 outside directors.」
As of the date of submission, there are 4 directors, including 2 outside directors, and a proposal has been made to elect 5 directors after the ordinary general meeting of shareholders. - FY2025-H1Retirement of an outside directorAnnual report
「Outside Director Okuyama Sho (奥山 翔) 10 April 2025」
The retirement of 1 outside director after the interim accounting period is disclosed, resulting in a change to the membership of the oversight structure. - FY2023Changed to a structure with 7 directorsAnnual report
「We have adopted a company with an Audit & Supervisory Board structure. Our Board of Directors, consisting of 7 directors, and Audit & Supervisory Board, consisting of 3 members, provide a dual-check system for monitoring and supervising the execution of duties by the directors who manage the company.」
The number of directors changed from the previously stated 8 to 7, and the company describes an oversight structure comprising 3 outside directors and 3 outside Audit & Supervisory Board members. - FY2022First statedAnnual report
「We have adopted a company with an Audit & Supervisory Board structure. Our Board of Directors, consisting of 8 directors, and Audit & Supervisory Board, consisting of 3 members, provide a dual-check system for monitoring and supervising the execution of duties by the directors who manage the company.」
The company describes a dual-check system consisting of an 8-member Board of Directors and a 3-member Audit & Supervisory Board as the basic structure of its corporate governance.