Transition to a Company with an Audit and Supervisory Committee
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2021.
- FY2021RestatedAnnual report
「The company has adopted a company structure with an Audit and Supervisory Committee. By granting directors who serve as Audit and Supervisory Committee members voting rights at meetings of the Board of Directors, among other measures, the company is further strengthening the Board's audit and supervisory functions while accelerating decision-making and further enhancing discussion from a medium- to long-term perspective.」
As a company with an Audit and Supervisory Committee, the company has continued to grant voting rights to Audit and Supervisory Committee members, strengthen supervisory functions, and accelerate decision-making. - FY2020RestatedAnnual report
「The company has adopted a company structure with an Audit and Supervisory Committee. By granting directors who serve as Audit and Supervisory Committee members voting rights at meetings of the Board of Directors, among other measures, the company is further strengthening the Board's audit and supervisory functions while accelerating decision-making and further enhancing discussion from a medium- to long-term perspective.」
Following the transition to a company with an Audit and Supervisory Committee, the company has continued its structure of granting voting rights to Audit and Supervisory Committee members, strengthening supervisory functions, and having 3 Audit and Supervisory Committee members, including 2 outside directors. - FY2019First statedAnnual report
「Based on a resolution of the 29th Annual General Meeting of Shareholders held on 30 May 2019, the company transitioned to a company with an Audit and Supervisory Committee. Accordingly, it established an Audit and Supervisory Committee in which outside directors comprise a majority of the members, with the aim of further strengthening corporate governance by enhancing the Board of Directors' supervisory function through the appointment of multiple outside directors.」
It describes for the first time the transition to a company with an Audit and Supervisory Committee and the strengthening of supervisory functions through an Audit and Supervisory Committee in which outside directors comprise a majority.