Strengthening Oversight Functions Centered on Independent Outside Directors
First written in FY2016. 7 of 18 entries say "Restated". Latest entry: 2026-09-29.
The whole theme swung hardest in 2023: 13 of 105 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The company has proposed the election of 11 directors. If the proposal is approved and adopted, the composition of the company's officers is expected to be as follows.」
Regarding the policy of having a majority of independent outside directors, the company plans to have 10 of its 11 directors serve as independent outside directors after the annual general meeting of shareholders. - FY2024AdvancedAnnual report
「To strengthen the Board of Directors' oversight function, at least half of the directors will be independent outside directors.」
As of the filing date, 10 of the 13 directors are independent outside directors, and the number is expected to become 8 out of 11 after the annual general meeting of shareholders. The company maintains a structure in which independent outside directors constitute a majority. - FY2023AdvancedAnnual report
「The Board of Directors is expected to comprise the following 12 members, including 9 independent outside directors, who will constitute a majority.」
In addition to the structure of 9 independent outside directors out of 12 as of the filing date, it indicates that 10 of 13 directors are expected to be outside directors after the general meeting of shareholders. - FY2022AdvancedAnnual report
「The Board of Directors consists of 11 directors, of whom a majority, 8, are outside directors, all of whom are independent outside directors.」
The policy of having a majority of independent outside directors is described as a board comprising 8 independent outside directors out of 11. It also indicates that the number is expected to become 9 out of 12 after the annual general meeting of shareholders. - FY2021RestatedAnnual report
「As of the date of submission of the Annual Securities Report, the Board of Directors consists of 12 directors, of whom a majority, 9, are outside directors, including 8 independent outside directors.」
The company reconfirmed its policy of having a majority of independent outside directors through a structure with 8 independent outside directors out of 12. - FY2020RestatedAnnual report
「The Board of Directors consists of 15 directors, of whom a majority, 10, are outside directors, including 9 independent outside directors.」
The company reconfirmed a structure with a majority of independent outside directors, comprising 10 outside directors and 9 independent outside directors out of 15 directors. - FY2019AdvancedAnnual report
「The Board of Directors consists of 15 directors, of whom a majority, 10, are outside directors, including 9 independent outside directors.」
Following the transition to a company with a Three Committees Board structure, the company described a structure with 10 outside directors and 9 independent outside directors out of 15 directors. - FY2019-Q1RestatedAnnual report
「The company does not categorically oppose even a large-scale purchase of its shares if it contributes to the company's corporate value and, consequently, the common interests of its shareholders.」
The company reconfirmed its policy of assessing responses to large-scale purchases based on corporate value and the common interests of shareholders. - FY2018RestatedAnnual report
「The Board of Directors consists of 11 directors, of whom a majority, 6, are outside directors.」
The company reconfirmed a structure with a majority of independent outside directors, comprising 6 out of 11 directors. - FY2017AchievedAnnual report
「The Board of Directors consists of 11 directors, of whom a majority, 6, are outside directors.」
Against the policy of having at least half of the directors be independent outside directors, the company describes a structure with 6 outside directors out of 11. - FY2016First statedAnnual report
「To enhance the Board of Directors' oversight function, at least half of the directors will be independent outside directors. The Board of Directors will establish the independence criteria.」
The company has 6 outside directors out of 11 directors and has also established a Nomination and Compensation Committee.