Strengthening Oversight Functions through the Transition to a Company with an Audit and Supervisory Committee
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: 2026-07-14.
- 2026-07-14AdvancedChanges in Officers
「In connection with the introduction of the executive officer system, we will reduce the number of directors from 9 to 6 in order to strengthen the Board of Directors' management oversight function and accelerate decision-making.」
Based on a company with an Audit and Supervisory Committee, the company has presented a new structure to strengthen the Board of Directors' oversight function by introducing an executive officer system and reducing the number of directors. The introduction and structural changes are planned for the future and have not been completed at this time. - FY2025Planned change in the chair of the Audit and Supervisory CommitteeAnnual report
「The Company has proposed, as an agenda item for the 76th Annual General Meeting of Shareholders scheduled for 20 November 2025, the election of 1 director who is an Audit and Supervisory Committee member. If the proposal is approved, the Company's Audit and Supervisory Committee is expected to be as follows.」
While continuing its structure as a company with an Audit and Supervisory Committee and with outside directors constituting a majority, the Company plans for the full-time Audit and Supervisory Committee member and the chair to change from Ogino Kazutaka (荻野和孝) to Asai Katsuji (朝井克司) after the Annual General Meeting of Shareholders. - FY2023RestatedAnnual report
「Following the transition to a company with an Audit and Supervisory Committee, the Company aims to achieve more transparent management by strengthening the committee's audit and oversight of the legality and appropriateness of business execution, and further strengthening its corporate governance structure through an Audit and Supervisory Committee composed primarily of outside directors.」
As a company with an Audit and Supervisory Committee, the Company continues to strengthen the committee's audit and oversight functions, including through its outside directors. - FY2022RestatedAnnual report
「Following the transition to a company with an Audit and Supervisory Committee, the Company aims to achieve more transparent management by strengthening the committee's audit and oversight of the legality and appropriateness of business execution, and further strengthening its corporate governance structure through an Audit and Supervisory Committee composed primarily of outside directors.」
As a company with an Audit and Supervisory Committee, the Company continues its policy of strengthening the committee's audit and oversight functions, with outside directors constituting a majority. - FY2020RestatedAnnual report
「Following the transition to a company with an Audit and Supervisory Committee, the Company aims to achieve more transparent management by strengthening the committee's audit and oversight of the legality and appropriateness of business execution, and further strengthening its corporate governance structure through an Audit and Supervisory Committee composed primarily of outside directors.」
The Company continues to operate as a company with an Audit and Supervisory Committee, with an audit and oversight structure in which outside directors constitute a majority. - FY2019RestatedAnnual report
「Following the transition to a company with an Audit and Supervisory Committee, the Company aims to achieve more transparent management by strengthening the committee's audit and oversight of the legality and appropriateness of business execution, and further strengthening its corporate governance structure through an Audit and Supervisory Committee composed primarily of outside directors.」
The Company continues its policy of strengthening the audit and oversight functions of the Audit and Supervisory Committee, including its outside directors. - FY2018RestatedAnnual report
「Following the transition to a company with an Audit and Supervisory Committee, the Company aims to achieve more transparent management by strengthening the committee's audit and oversight of the legality and appropriateness of business execution, and further strengthening its corporate governance structure through an Audit and Supervisory Committee composed primarily of outside directors.」
Since transitioning to a company with an Audit and Supervisory Committee in 2016, the Company has continued to strengthen the audit and oversight functions of the committee, including its outside directors. - FY2016First statedAnnual report
「At the Company's 67th Annual General Meeting of Shareholders held on 25 November 2016, a proposal to amend the Articles of Incorporation to transition to a company with an Audit and Supervisory Committee was approved. Accordingly, the Company transitioned from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee on the same date.」
The Company transitioned to a company with an Audit and Supervisory Committee and states that it will strengthen its audit and oversight of business execution and its governance structure through an arrangement in which 2 of the 3 Audit and Supervisory Committee members are outside directors.