Strengthening Oversight Through the Audit and Supervisory Committee and Independent Outside Directors
First written in FY2017. 5 of 6 entries say "Advanced", first in FY2018. Latest entry: FY2023.
60 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「The company has designated all 3 outside directors, Imai Mika (今井 美香), Tsuzuki Naotaka (都筑 直隆) and Suzuki Tomomi (鈴木 友美), as independent officers under the Securities Listing Regulations and notified the Tokyo Stock Exchange.」
The number of outside directors notified as independent officers became 3, updating the composition of the oversight structure. The Board of Directors held 13 meetings during the current fiscal year. - FY2022AdvancedAnnual report
「During the current fiscal year, the company held 13 meetings of the Audit and Supervisory Committee,」
The operating record of the Audit and Supervisory Committee shows that 13 meetings were held during the current fiscal year and that an audit and oversight structure centred on outside directors was maintained. - FY2021AdvancedAnnual report
「The company has designated all 4 outside directors, Imai Mika (今井 美香), Hayakawa Mineo (早川 三根夫), Kato Fumio (加藤 文夫) and Tsuzuki Naotaka (都筑 直隆), as independent officers under the Securities Listing Regulations and notified the Tokyo Stock Exchange.」
The number of outside directors notified as independent officers increased to 4, clarifying the composition and operation of the oversight structure. - FY2020AdvancedAnnual report
「During the current fiscal year, the company held 17 meetings of the Audit and Supervisory Committee, with attendance by each member as follows.」
The operating record of the Audit and Supervisory Committee oversight structure shows that 17 meetings were held during the current fiscal year, with the full-time Audit and Supervisory Committee member and Kato Fumio (加藤 文夫) attending all 17 and Nishio (西尾) attending 16. - FY2018AdvancedAnnual report
「The 3 directors who are Audit and Supervisory Committee members, all of whom are outside directors, attend meetings of the Board of Directors as committee members. The full-time director who is an Audit and Supervisory Committee member also attends important meetings, including management meetings, and audits and supervises the execution of duties by directors other than those who are Audit and Supervisory Committee members.」
The company specifically describes a structure in which all 3 Audit and Supervisory Committee members are outside directors and exercise oversight by attending Board of Directors and management meetings, among others. - FY2017First statedAnnual report
「As a company with an Audit and Supervisory Committee, we have established an Audit and Supervisory Committee in which outside directors constitute a majority of the members. By appointing multiple outside directors, we seek to strengthen corporate governance by ensuring that the Board of Directors exercises oversight from an independent and objective standpoint. In addition, we have designated 2 outside directors as independent officers under the Securities Listing Regulations and notified the Tokyo Stock Exchange.」
The company specifically describes an oversight structure in which outside directors constitute a majority of the Audit and Supervisory Committee and 2 members are notified as independent officers.