Enhancing Soundness and Transparency in Management and Corporate Governance
First written in FY2017. 2 of 11 entries say "Restated". Latest entry: 2026-05-29.
- 2026-05-29OtherGovernance
「Board of directors; representative directors; audit and supervisory board (audit and supervisory board members); accounting auditor; internal audit department; compliance committee; internal reporting channel; nomination and compensation committee」
The company presented a diagram of its corporate governance structure and the flow of information transmission, decision-making, and approval leading to timely disclosure. The diagram relates to the existing corporate governance thread but does not indicate any substantive changes, such as changes to the board composition or the establishment or modification of committees. - FY2026Update to Board CompositionAnnual report
「The Board of Directors comprises 14 directors, including 6 outside directors, and in principle meets once a month. As the Company's highest decision-making body for management, it makes decisions on important matters such as management policies and strategies and supervises the execution of operations.」
The composition of the Board of Directors has been updated from the previously stated 11 directors, including 5 outside directors, to 14 directors, including 6 outside directors. There are 3 outside corporate auditors, and the voluntary Nomination and Compensation Committee has also continued. - 2026-05-01AdvancedGeneral Meetings of Shareholders
「To strengthen the management structure, we would like to increase the number of directors by 1 and ask shareholders to elect 14 directors.」
The company proposed increasing the number of directors from 13 to 14. - FY2024Update to Board CompositionAnnual report
「The Board of Directors comprises 11 directors, including 5 outside directors, and in principle meets once a month. As the Company's highest decision-making body for management, it makes decisions on important matters such as management policies and strategies and supervises the execution of operations.」
The composition of the Board of Directors has been updated from the previously stated 13 directors, including 5 outside directors, to 11 directors, including 5 outside directors. The voluntary Nomination and Compensation Committee met 4 times during the fiscal year to deliberate personnel matters for officers, bonuses and restricted stock compensation, among other matters. - FY2023Updates to the composition of the Board of Directors and the Nomination and Compensation CommitteeAnnual report
「The Board of Directors comprises 13 directors, including 5 outside directors, and in principle meets once a month. As the Company's highest decision-making body for management, it makes decisions on important matters such as management policies and strategies and supervises the execution of operations. The Company has also established a voluntary Nomination and Compensation Committee, chaired by an outside director and with a majority of outside directors, to strengthen the independence, objectivity and accountability of the nomination and compensation of officers, and receives appropriate involvement and advice.」
The composition of the Board of Directors has been updated from the 15 directors, including 6 outside directors, stated previously to 13 directors, including 5 outside directors. The Company also describes the establishment of a voluntary Nomination and Compensation Committee chaired by an outside director and with a majority of outside directors. - FY2022Update to the composition of outside directorsAnnual report
「The Board of Directors comprises 15 directors, including 6 outside directors, and in principle meets once a month. As the Company's highest decision-making body for management, it makes decisions on important matters such as management policies and strategies and supervises the execution of operations.」
The composition of the Board of Directors has been updated from 13 directors, including 5 outside directors, to 15 directors, including 6 outside directors. - FY2021Update to the composition of outside directorsAnnual report
「The Board of Directors comprises 13 directors, including 5 outside directors, and in principle meets once a month. As the Company's highest decision-making body for management, it makes decisions on important matters such as management policies and strategies and supervises the execution of operations.」
The Company's basic stance on corporate governance has been maintained. The Board of Directors now comprises 13 directors, including 5 outside directors. - FY2020Update to the composition of outside directorsAnnual report
「The Board of Directors comprises 12 directors, including 4 outside directors, and in principle meets once a month. As the Company's highest decision-making body for management, it makes decisions on important matters such as management policies and strategies and supervises the execution of operations.」
The Company's basic stance on soundness, transparency and corporate governance has been maintained. The Board of Directors is described as comprising 12 directors, including 4 outside directors. - FY2019RestatedAnnual report
「Through our home improvement business, our basic management philosophy is to contribute to society and improve consumers' lives by providing customers with a diverse range of products and services to help create richer and more comfortable homes and lifestyles. To achieve sustainable growth and enhance corporate value over the medium to long term in line with this philosophy, we work to strengthen the soundness and transparency of management and enhance corporate governance.」
The Company has restated its basic stance of pursuing sustainable growth and enhanced corporate value through soundness and transparency of management and stronger corporate governance. It also describes its framework, including 3 outside directors among 10 directors and 3 outside corporate auditors among 5 corporate auditors. - FY2018RestatedAnnual report
「Through its basic management philosophy, the Company is working to enhance the soundness and transparency of management and strengthen corporate governance in order to achieve sustainable growth and enhance its medium- to long-term corporate value.」
The Company has restated its basic stance of pursuing sustainable growth and enhanced corporate value through soundness and transparency and stronger corporate governance. It also describes its framework comprising the Board of Directors, Board of Corporate Auditors, outside officers, Internal Audit Department and accounting auditor, among others. - FY2017First statedAnnual report
「Through our home improvement business, our basic management philosophy is to contribute to society and improve consumers' lives by providing customers with a diverse range of products and services to help create richer and more comfortable homes and lifestyles. To achieve sustainable growth and enhance corporate value over the medium to long term in line with this philosophy, we work to strengthen the soundness and transparency of management and enhance corporate governance.」
The Company positions sound and transparent management and enhanced corporate governance as basic principles for achieving sustainable growth and improving corporate value over the medium to long term.