Oversight Framework Through Outside Officers and the Statutory Auditor System
First written in FY2017. 7 of 10 entries say "Reframed", first in FY2018. Latest entry: FY2026.
HIDAY HIDAKA Corp. moved to the "Worse" side of this theme in 2018, 7 years before the typical company in this theme (2025).
9 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The Board of Directors consists of 10 directors: 7 directors excluding directors who are Audit and Supervisory Committee members, and 3 directors who are Audit and Supervisory Committee members. Of these, 5 are outside directors as defined under the Companies Act.」
The Board of Directors increased from 9 to 10 members and now consists of 7 executive directors, 3 Audit and Supervisory Committee members, and 5 outside directors. - 2026-04-28AdvancedGeneral Meetings of Shareholders
「On 20 February 2026, we established a voluntary Nomination and Compensation Committee as an advisory body to the Board of Directors to strengthen the independence and objectivity of the Board's functions relating to director nominations and compensation.」
The company established a voluntary committee to strengthen the independence and objectivity of the Board of Directors regarding nominations and compensation. - FY2025ReframedAnnual report
「The Board of Directors consists of 9 members, comprising 6 directors excluding directors who are audit and supervisory committee members and 3 directors who are audit and supervisory committee members, 5 of whom are outside directors under the Companies Act.」
Following the transition to a company with an audit and supervisory committee, the Board of Directors changed from a total of 8 members in the previous disclosure to 9. The structure of 5 outside directors and 3 audit and supervisory committee members has been maintained, and the Board of Directors met 14 times during the fiscal year. - FY2024ReframedAnnual report
「The Board of Directors consists of 8 members, comprising 5 directors excluding directors who are audit and supervisory committee members and 3 directors who are audit and supervisory committee members, 5 of whom are outside directors under the Companies Act.」
Following the transition to a company with an audit and supervisory committee, the Board of Directors changed from a total of 9 members in the previous disclosure to 8. The structure of 5 outside directors and 3 audit and supervisory committee members, and the supervisory and audit framework, continue. - FY2023ReframedAnnual report
「At the ordinary general meeting of shareholders held on 24 May 2023, the Company changed from a company with an audit and supervisory board to a company with an audit and supervisory committee. The Board of Directors consists of 9 members, comprising 6 directors excluding directors who are audit and supervisory committee members and 3 directors who are audit and supervisory committee members, 5 of whom are outside directors under the Companies Act.」
The Company changed from a company with an audit and supervisory board to a company with an audit and supervisory committee, resulting in a Board of Directors comprising 9 members, including 5 outside directors. The structure changed from one centered on 3 audit and supervisory board members and 2 outside audit and supervisory board members to one including 3 outside directors who are audit and supervisory committee members. - FY2022ReframedAnnual report
「The Company is a company with an audit and supervisory board. The audit and supervisory board consists of 3 audit and supervisory board members, 2 of whom are outside members. The Company has 8 directors as of the date of submission of its annual securities report. The Board of Directors consists of 8 directors, 3 of whom are outside directors. The Company has also introduced an executive officer system, separating supervisory functions from business execution functions.」
The 3 audit and supervisory board members, 2 outside audit and supervisory board members and executive officer system have been maintained, while the number of directors changed from 10 to 8 and the number of outside directors from 2 to 3, changing the composition of the governance structure. - FY2021RestatedAnnual report
「The Company is a company with an audit and supervisory board. The audit and supervisory board consists of 3 audit and supervisory board members, 2 of whom are outside members. The Company has 10 directors. The Board of Directors consists of 10 directors, 2 of whom are outside directors. The Company has also introduced an executive officer system, separating supervisory functions from business execution functions.」
The structure of 10 directors, 2 outside directors, 3 audit and supervisory board members, 2 outside audit and supervisory board members, and the separation of supervisory and business execution functions through the executive officer system continues. The Board of Directors met 14 times during the 43rd fiscal year. - FY2019ReframedAnnual report
「The Company has adopted a company with an audit and supervisory board structure. The audit and supervisory board consists of 3 audit and supervisory board members, of whom 2 have been outside audit and supervisory board members since 25 May 2016. The Company has 10 directors as of the date of submission of its annual securities report. The Board of Directors consists of 10 directors, 2 of whom are outside directors. The Company has also introduced an executive officer system, separating supervisory functions from business execution functions.」
The number of directors changed from 9 to 10, while the 2 outside directors, 2 outside audit and supervisory board members, and the separation of supervisory and business execution functions through the executive officer system have been maintained. The disclosure also covers the new hiring of staff to assist the audit and supervisory board members. - FY2018ReframedAnnual report
「The Company has adopted a company with an audit and supervisory board structure. The audit and supervisory board consists of 3 audit and supervisory board members, of whom 2 have been outside audit and supervisory board members since 25 May 2016. The Company has 9 directors as of the date of submission of its annual securities report. The Board of Directors consists of 9 directors, 2 of whom are outside directors. The Company has also introduced an executive officer system, separating supervisory functions from business execution functions.」
The number of directors changed from 10 to 9, while the 2 outside directors, 2 outside audit and supervisory board members, and the separation of supervisory and business execution functions through the executive officer system have been maintained. - FY2017First statedAnnual report
「The Company has adopted a company with an audit and supervisory board structure. The audit and supervisory board consists of 3 audit and supervisory board members, of whom 2 have been outside audit and supervisory board members since 25 May 2016. The Company has 10 directors as of the date of submission of its annual securities report. The Board of Directors consists of 10 directors, 2 of whom are outside directors. The Company has also introduced an executive officer system, separating supervisory functions from business execution functions.」
The Company described a governance structure combining an audit and supervisory board, outside audit and supervisory board members, outside directors and an executive officer system to separate supervisory functions from business execution functions.