External Oversight by Outside Directors and Outside Corporate Auditors
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2023: 15 of 104 companies on the "Worse" side.
- FY2024RestatedAnnual report
「Both outside directors are Audit & Supervisory Committee members. At Board of Directors meetings, they provide fair and impartial oversight, deliberation and resolutions from an external perspective, while the Audit & Supervisory Committee, 2 of whose 3 members are outside directors, regularly exchanges information with the Internal Control Committee and accounting auditor, reviews the Audit & Supervisory Committee's audit policies and plans and the audit results of the Internal Control Committee and accounting auditor, and coordinates with them.」
The Company continues to maintain an external oversight framework through coordination among the Audit & Supervisory Committee, including 2 outside directors, the Internal Control Committee and the accounting auditor. - FY2023RestatedAnnual report
「Both outside directors are Audit & Supervisory Committee members. At Board of Directors meetings, they provide fair and impartial oversight, deliberation and resolutions from an external perspective, while the Audit & Supervisory Committee, 2 of whose 3 members are outside directors, regularly exchanges information with the Internal Control Committee and accounting auditor, reviews the Audit & Supervisory Committee's audit policies and plans and the audit results of the Internal Control Committee and accounting auditor, and coordinates with them.」
The Company continues to maintain an external oversight framework through coordination among the Audit & Supervisory Committee, including 2 outside directors, the Internal Control Committee and the accounting auditor. - FY2022AdvancedAnnual report
「Regarding meetings of the Audit & Supervisory Committee and related meetings held during the fiscal year and attendance, Kiyoshi Fujikawa (藤川清士), a full-time director and Audit & Supervisory Committee member, attended all 14 Board of Directors meetings and all 18 Audit & Supervisory Committee meetings.」
The Company disclosed the number of meetings held and attendance at the Board of Directors and Audit & Supervisory Committee as an operating record of a company with an Audit & Supervisory Committee: 14 and 18 meetings, respectively. - FY2019AdvancedAnnual report
「The Audit & Supervisory Committee, including 2 outside directors, the Internal Control Committee and the accounting auditor regularly exchange information, review the Audit & Supervisory Committee's audit policies and plans and the audit results of the Internal Control Committee and accounting auditor, and coordinate with one another.」
Following the transition to a company with an Audit & Supervisory Committee, the Company specified coordination among the Audit & Supervisory Committee, including 2 outside directors, the Internal Control Committee and the accounting auditor. - FY2018AdvancedAnnual report
「The Company strengthens oversight of management by appointing 1 outside director among its 5 directors and 2 outside Audit & Supervisory Board members among its 4 Audit & Supervisory Board members to the Board of Directors, which is responsible for management decision-making and supervising business execution.」
The Company disclosed an oversight framework with 1 outside director, an increase in the number of Audit & Supervisory Board members from 3 to 4, and oversight by 2 outside Audit & Supervisory Board members. - FY2017RestatedAnnual report
「The Company strengthens oversight of management by appointing 1 outside director among its 5 directors and 2 outside Audit & Supervisory Board members among its 3 Audit & Supervisory Board members to the Board of Directors, which is responsible for management decision-making and supervising business execution.」
The Company continues to maintain an external oversight framework comprising 1 outside director and 2 outside Audit & Supervisory Board members. - FY2016First statedAnnual report
「The Company has 1 outside director and 2 outside Audit & Supervisory Board members. The Company strengthens oversight of management by appointing 1 outside director among its 5 directors and 2 outside Audit & Supervisory Board members among its 3 Audit & Supervisory Board members to the Board of Directors, which is responsible for management decision-making and supervising business execution.」
The Company has 1 outside director and 2 outside Audit & Supervisory Board members, emphasizing objective and neutral external oversight.