Review and Monitoring of Proposals by the Investment and Financing Committee
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2023: 3 of 18 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The company also regularly monitors investment and financing transactions carried out following approval by the Board of Directors and deliberates on their evaluation and continued implementation.」
The Investment and Financing Committee continues to review new transactions and regularly monitor transactions already carried out. - FY2022RestatedAnnual report
「The Investment and Financing Committee is chaired by the president and representative director and consists of 6 directors, including 1 independent outside director. It meets whenever an investment or financing transaction requiring review arises, comprehensively evaluates the necessity, appropriateness, risks and other aspects of the transaction, and deliberates whether to execute it.」
The company reconfirmed that the Investment and Financing Committee reviews new transactions and regularly monitors existing transactions through a 6-member structure that includes an independent outside director. - FY2021First statedAnnual report
「The Investment and Financing Committee meets whenever an investment or financing transaction requiring review arises. It comprehensively evaluates the necessity, appropriateness, risks and other aspects of the transaction and deliberates whether to execute it. It also regularly monitors investment and financing transactions carried out following approval by the Board of Directors and deliberates on whether to continue them.」
Following losses on investments and financing provided to business partners, the company established an Investment and Financing Committee responsible for reviewing new transactions and conducting regular post-implementation monitoring.