Oversight Framework through Outside Directors, Outside Corporate Auditors, the Group Management Committee and Internal Audit
First written in FY2019. 1 of 2 entries say "Advanced", first in FY2021. Latest entry: FY2021.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
- FY2021AdvancedAnnual report
「The Board of Directors consists of 6 directors, including 2 outside directors, and holds regular meetings once a month, as well as extraordinary meetings as necessary.」
The number of outside directors increased to 2, expanding the management oversight structure of the Board of Directors, including outside officers. - FY2019First statedAnnual report
「We have adopted a company with a board of corporate auditors structure. In addition to auditing and supervising the execution of duties by directors through 3 corporate auditors, including 2 outside corporate auditors, we have appointed independent outside directors to strengthen management oversight and ensure the validity and appropriateness of the Board of Directors' decision-making. We are also working to strengthen the execution of business operations and accelerate decision-making by establishing the Group Management Meeting.」
The audit and oversight structure, including 1 outside director and 2 outside corporate auditors, and the decision-making structure through the Group Management Meeting were described in detail.