Company with an Audit and Supervisory Committee and Oversight by Outside Directors
First written in FY2022. 2 of 6 entries say "Advanced", first in FY2023. Latest entry: FY2026.
9 other companies' latest entry also says "Achieved".
- FY2026AchievedAnnual report
「As of the date of submission of the Annual Securities Report (12 June 2026), the Company's Board of Directors comprised 5 directors who were not Audit and Supervisory Committee members, including 2 outside directors, and 4 directors who were Audit and Supervisory Committee members, including 3 outside directors, for a total of 9 directors. Outside directors constituted a majority, representing 55.5% of the Board.」
The planned change in the Board's composition announced in the previous fiscal year was implemented, with 5 of the 9 directors being outside directors, representing 55.5% of the Board. - 2026-05-28RestatedGeneral Meetings of Shareholders
「Candidates for director are selected through appropriate procedures, including deliberation by the voluntary Nomination and Compensation Committee, in which outside directors constitute a majority of the members.」
Reconfirms the framework for selecting director candidates through a Nomination and Compensation Committee in which outside directors constitute a majority. - FY2025ReframedAnnual report
「The Company has proposed, as agenda items for the Annual General Meeting of Shareholders scheduled for 13 June 2025, the election of 5 directors who are not Audit and Supervisory Committee members and the election of 4 directors who are Audit and Supervisory Committee members.」
The Company proposed changing the Board's composition to 5 directors who are not Audit and Supervisory Committee members, 4 Audit and Supervisory Committee members, and 5 outside directors. The framework of a majority of outside directors and an outside director as chair is expected to be maintained. - FY2024AdvancedAnnual report
「Board of Directors (Chair: Uda Sakon (宇田 左近), outside director and Audit and Supervisory Committee member)」
The chair of the Board of Directors changed in June 2024 from the previous chair to an outside director who is an Audit and Supervisory Committee member, establishing a structure intended to improve the effectiveness of separating execution from oversight. Outside directors account for 55.5% of the Board. - FY2023AdvancedAnnual report
「As of the date of submission of the Annual Securities Report (22 June 2023), the Company's Board of Directors comprised 3 directors who were not Audit and Supervisory Committee members and 6 directors who were Audit and Supervisory Committee members, including 5 outside directors, for a total of 9 directors. Outside directors constituted a majority, representing 55.5% of the Board.」
The Board of Directors comprised 9 members, including 5 outside directors, with outside directors holding a majority at 55.5%. The proportion of outside directors increased from the previous 50.0%. - FY2022First statedAnnual report
「To strengthen its corporate governance framework and further enhance corporate value, the Company has adopted the organizational structure of a company with an Audit and Supervisory Committee, under which directors who are Audit and Supervisory Committee members, including multiple outside directors, have voting rights at meetings of the Board of Directors.」
The Company adopted a company-with-an-Audit-and-Supervisory-Committee structure, with 5 outside directors among 10 directors, representing 50.0% of the Board.