Transition to a Company with an Audit and Supervisory Committee and Strengthening Audit and Oversight Functions
First written in FY2017. 5 of 8 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「As of the filing date of the Annual Securities Report, 26 May 2026, the Board of Directors comprises 5 directors, excluding directors who are Audit and Supervisory Committee members, and 3 directors who are Audit and Supervisory Committee members. It decides matters prescribed by laws and regulations and the Board of Directors Regulations, as well as other important management matters, and is positioned as the body that supervises the execution of duties. It meets at least once a month.」
The Company specifically discloses the operation of its company-with-an-Audit-and-Supervisory-Committee structure and executive officer system, including the composition of the Board of Directors, monthly meetings and supervision of the execution of duties. The Board of Directors met 13 times during the fiscal year. - 2026-05-01RestatedGeneral Meetings of Shareholders
「Business execution based on decisions of the Board of Directors is carried out under the executive officer system, which was introduced to separate directors' business execution functions from their decision-making and oversight functions and to clarify management and execution responsibilities, in accordance with the organizational regulations, job allocation regulations and authority regulations.」
The Company continues to describe the separation of decision-making and oversight functions from business execution functions under its executive officer system. - FY2025AdvancedAnnual report
「The Board of Directors comprises 5 directors, excluding directors who are Audit and Supervisory Committee members, and 3 directors who are Audit and Supervisory Committee members. It decides matters prescribed by laws and regulations and the Board of Directors Regulations, as well as other important management matters, and is positioned as the body that supervises the execution of duties. It meets at least once a month.」
The Company continues its company-with-an-Audit-and-Supervisory-Committee structure and executive officer system. The Board of Directors comprises 5 directors and 3 Audit and Supervisory Committee members and met 13 times during the fiscal year. - FY2022RestatedAnnual report
「The Company is a company with an Audit and Supervisory Committee, and the Audit and Supervisory Committee audits and supervises the execution of duties by directors while maintaining its independence. The Company has also adopted an executive officer system to clarify responsibility for management decision-making and responsibility for business execution.」
The Company continues to separate audit and supervisory functions and responsibilities through its status as a company with an Audit and Supervisory Committee and its executive officer system. - FY2020RestatedAnnual report
「The Company is a company with an Audit and Supervisory Committee, and the Audit and Supervisory Committee audits and supervises the execution of duties by directors while maintaining its independence. The Company has also adopted an executive officer system to clarify responsibility for management decision-making and responsibility for business execution.」
The Company continues to separate audit and supervisory functions from responsibility for decision-making and business execution through its status as a company with an Audit and Supervisory Committee and its executive officer system. - FY2019RestatedAnnual report
「The Company is a company with an Audit and Supervisory Committee, and the Audit and Supervisory Committee audits and supervises the execution of duties by directors while maintaining its independence. The Company has also adopted an executive officer system to clarify responsibility for management decision-making and responsibility for business execution.」
The Company continues to separate audit and supervisory functions from responsibility for decision-making and business execution through its status as a company with an Audit and Supervisory Committee and its executive officer system. - FY2018RestatedAnnual report
「The Company is a company with an Audit and Supervisory Committee, and the Audit and Supervisory Committee audits and supervises the execution of duties by directors while maintaining its independence.」
As a company with an Audit and Supervisory Committee, the Company continues to operate the committee's audit and supervisory functions. - FY2017First statedAnnual report
「At the annual general meeting of shareholders held on 25 May 2016, amendments to the Articles of Incorporation were approved, and the Company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee on the same date. The purpose of this change was to further strengthen the corporate governance system by enhancing audit and supervisory functions and increasing management transparency and efficiency.」
The Company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee on 25 May 2016, with the aim of strengthening audit and supervisory functions, transparency and efficiency.