Faster and More Accurate Decision-Making Through Lean Governance and External Specialists
First written in FY2018. 5 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 9 of 51 companies on the "Worse" side.
24 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Company's board of directors consists of 3 directors excluding directors who are Audit & Supervisory Committee members and 3 directors who are Audit & Supervisory Committee members, including 3 outside directors. Representative Director and CEO Koji Miyata (宮田 浩二) serves as chair. The board meets once a month and whenever necessary to make decisions on matters prescribed by laws and regulations and the articles of incorporation, as well as important management matters, and to supervise the execution of duties.」
The company describes a board consisting of 3 directors and 3 Audit & Supervisory Committee members, all of whom are outside directors, chaired by the CEO, with monthly meetings supporting decision-making and oversight. The board met 19 times during the fiscal year. - 2026-06-26AdvancedGovernance
「The introduction of this system will clearly separate the board of directors’ functions of management decision-making and oversight from the function of executing business. This will further strengthen the board’s oversight function, clarify the authority and responsibilities of the executive side, and establish a swift and flexible business-execution structure capable of responding immediately to changes in the management environment.」
The introduction of an executive-officer system made concrete the division of roles between the board and business execution, executive authority and responsibility, and a mechanism for faster decision-making. The canonical thread remains unchanged. - FY2025RestatedAnnual report
「The Company's board of directors consists of 3 directors excluding directors who are Audit & Supervisory Committee members and 3 directors who are Audit & Supervisory Committee members, including 4 outside directors. Representative Director Masatoshi Kikuchi (菊池 正俊) serves as chair. The board meets once a month and whenever necessary to make decisions on matters prescribed by laws and regulations and the articles of incorporation, as well as important management matters, and to supervise the execution of duties.」
The company continues its system of decision-making and oversight through a small board of directors, the use of outside directors, and monthly board meetings. - FY2024RestatedAnnual report
「The number of directors is kept small in line with the scale of the business to accelerate the passage of resolutions. In addition, the company improves the accuracy of resolutions on important matters by considering the opinions of external experts when making decisions, and is working to establish a risk management framework through management meetings attended by directors and senior employees to identify and address risks inside and outside the company.」
The company continues to use a small board of directors, external experts, and management meetings to identify and address risks. - FY2023RestatedAnnual report
「The number of directors is kept small in line with the scale of the business to accelerate the passage of resolutions. In addition, the company improves the accuracy of resolutions on important matters by considering the opinions of external experts when making decisions, and is working to establish a risk management framework through management meetings attended by directors and senior employees to identify and address risks inside and outside the company.」
The company continues to use a small board of directors, external experts, and management meetings to identify and address risks. - FY2021RestatedAnnual report
「The number of directors is kept small in line with the scale of the business to accelerate the passage of resolutions. In addition, the company improves the accuracy of resolutions on important matters by considering the opinions of external experts when making decisions,」
The company continues to accelerate decision-making through a small board of directors and improve the accuracy of judgments through the use of external experts on important matters. - FY2020RestatedAnnual report
「The number of directors is kept small in line with the scale of the business to accelerate the passage of resolutions. In addition, the company improves the accuracy of resolutions on important matters by considering the opinions of external experts when making decisions.」
The company continues to accelerate decision-making through a small board of directors and improve the accuracy of judgments through the use of external experts on important matters. - FY2018First statedAnnual report
「The number of directors and Audit & Supervisory Board members is kept small in line with the scale of the business to accelerate the passage of resolutions. In addition, the company improves the accuracy of resolutions on important matters by considering the opinions of external experts when making decisions.」
The company has, for the first time, identified a small number of directors and Audit & Supervisory Board members to accelerate resolutions, and the use of external experts on important matters to improve the accuracy of resolutions, as specific governance measures.