Strengthening Management Oversight and Audit Functions through Outside Directors and Outside Corporate Auditors
First written in FY2017-Q1. 15 of 18 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
- FY2025RestatedAnnual report
「The Board of Directors consists of 5 internal directors who are not Audit & Supervisory Committee members and have extensive knowledge, experience and abilities in procurement, store operations, store development and management administration, and 3 independent outside directors who are Audit & Supervisory Committee members, including 1 woman.」
The structure comprising 5 internal directors and 3 independent outside directors, including 1 woman, as well as expertise in legal, accounting and tax matters, is described. - FY2023RestatedAnnual report
「To further enhance management transparency and fairness, the company has appointed 3 independent outside directors, each of whom is involved in the company’s management based on extensive experience and a high level of expertise as an attorney, certified public accountant or tax accountant.」
The company’s management oversight structure comprising 3 independent outside directors, and its expertise in legal, accounting and tax matters, have been reconfirmed. - FY2021AdvancedAnnual report
「To further enhance management transparency and fairness, the company has appointed 3 outside directors. Each outside director is involved in the company’s management based on extensive experience and a high level of expertise as an attorney or certified public accountant.」
The number of outside directors changed from 2 to 3, and all 3 became directors serving as Audit & Supervisory Committee members. - FY2021-Q3RestatedAnnual report
「To further enhance management transparency and fairness, the company has appointed 2 outside directors. Each outside director is involved in the company’s management based on extensive experience and a high level of expertise as an attorney or certified public accountant.」
The company has continued to have 2 outside directors, comprising an attorney and a certified public accountant. - FY2020RestatedAnnual report
「The Board of Directors consists of 7 members, 2 of whom are outside directors to further enhance management transparency and fairness.」
The company has a 7-member Board of Directors, including 2 outside directors, and an Audit & Supervisory Board with 3 members, including 2 outside statutory auditors. - FY2020-Q3RestatedAnnual report
「To further enhance management transparency and fairness, the company has appointed 2 outside directors. Each outside director is involved in the company’s management based on extensive experience and a high level of expertise as an attorney or certified public accountant.」
The company has continued to have 2 outside directors, comprising an attorney and a certified public accountant. - FY2020-Q2RestatedAnnual report
「To further enhance management transparency and fairness, the company has appointed 2 outside directors. Each outside director is involved in the company’s management based on extensive experience and a high level of expertise as an attorney or certified public accountant.」
The company has continued to have 2 outside directors, comprising an attorney and a certified public accountant. - FY2020-Q1RestatedAnnual report
「To further enhance management transparency and fairness, the company has appointed 2 outside directors. Each outside director is involved in the company’s management based on extensive experience and a high level of expertise as an attorney or certified public accountant.」
The company has continued to have 2 outside directors, comprising an attorney and a certified public accountant. - FY2019RestatedAnnual report
「The Board of Directors consists of 7 members, 2 of whom are outside directors to further enhance management transparency and fairness. The outside directors are involved in the company’s management based on their extensive experience and high level of expertise as attorneys and certified public accountants.」
The company has a 7-member Board of Directors, including 2 outside directors who are attorneys and a certified public accountant. - FY2019-Q3RestatedAnnual report
「To further enhance management transparency and fairness, the company has appointed 2 outside directors. Each outside director is involved in the company’s management based on extensive experience and a high level of expertise as an attorney or certified public accountant.」
The company has continued to have 2 outside directors, comprising an attorney and a certified public accountant. - FY2019-Q2RestatedAnnual report
「To further enhance management transparency and fairness, the company has appointed 2 outside directors. Each outside director is involved in the company’s management based on extensive experience and a high level of expertise as an attorney or certified public accountant.」
The company has continued to have 2 outside directors, comprising an attorney and a certified public accountant. - FY2018RestatedAnnual report
「The Board of Directors consists of 9 members, 2 of whom are outside directors to further enhance management transparency and fairness. The outside directors are involved in the company’s management based on their extensive experience and high level of expertise as attorneys and certified public accountants.」
The company has continued to have 2 outside directors, who are attorneys and a certified public accountant, among the 9 directors. - FY2018-Q2RestatedAnnual report
「In addition, as described in (b), “Initiatives to Enhance Corporate Governance,” under ② Special Initiatives Contributing to the Realization of the Basic Policy, the company had 1 outside director who was an attorney, and 1 outside director who was a certified public accountant was appointed at the annual general meeting of shareholders held on 17 May 2016, bringing the total to 2 as of 20 August 2017.」
The company has continued to have 2 outside directors, 1 an attorney and 1 a certified public accountant, as of 20 August 2017. - FY2018-Q1RestatedAnnual report
「In addition to 1 outside director who was an attorney, 1 outside director who was a certified public accountant changed to an outside director at the Annual General Meeting of Shareholders held on 17 May 2016, bringing the number to 2 as of 20 May 2017, as described in ② Special Initiatives Contributing to the Realization of the Basic Policy, (b) Initiatives to Strengthen Corporate Governance.」
It has been confirmed that the company has continued to have 2 outside directors as of 20 May 2017. - FY2017AdvancedAnnual report
「The Board of Directors comprises 7 members, 2 of whom are outside directors in order to further enhance the transparency and fairness of management. The outside directors participate in the Company's management based on their extensive experience and expertise as attorneys and certified public accountants. The Company has also introduced an executive officer system to clarify responsibility for business execution and further strengthen corporate governance.」
The number of outside directors changed from 1 to 2, with a certified public accountant joining the attorney. It is also stated that 2 of the 3 Audit & Supervisory Board members are outside members. - FY2017-Q3RestatedAnnual report
「The Company appoints outside directors to further enhance the transparency and fairness of management. The outside directors participate in the Company's management based on their extensive experience and expertise as attorneys.」
The framework for improving management transparency and fairness through outside directors and strengthening the audit function through outside Audit & Supervisory Board members and the Audit & Supervisory Board is reiterated. - FY2017-Q2RestatedAnnual report
「The Company appoints outside directors to further enhance the transparency and fairness of management. The outside directors participate in the Company's management based on their extensive experience and expertise as attorneys.」
The initiative by outside directors to improve management transparency and fairness is reiterated. - FY2017-Q1First statedAnnual report
「The Company appoints outside directors to further enhance the transparency and fairness of management. The outside directors participate in the Company's management based on their extensive experience and expertise as attorneys.」
It is stated that, in addition to outside directors, outside Audit & Supervisory Board members have been appointed to strengthen the audit function.