Strengthening management controls, oversight and information disclosure
First written in FY2017. 4 of 9 entries say "Restated". Latest entry: FY2026.
- FY2026ReframedAnnual report
「If the proposal is approved, there will be 3 directors who are not Audit and Supervisory Committee members. Outside Director Inoue Teruo is scheduled to retire upon expiration of his term at the close of the same meeting.」
While the company-with-an-audit-and-supervisory-committee structure continues, the company indicated that the number of directors who are not Audit and Supervisory Committee members will be reduced from 4 to 3 after the Annual General Meeting of Shareholders, and that 1 outside director is scheduled to retire. - FY2025AdvancedAnnual report
「During the current fiscal year, the company held 17 Board of Directors meetings, including 4 written resolutions deemed to constitute resolutions of the Board of Directors pursuant to Article 370 of the Companies Act and Article 26 of the company's Articles of Incorporation.」
Under the company-with-an-audit-and-supervisory-committee structure, the company has disclosed its operating record, including 17 Board of Directors meetings, 13 Audit and Supervisory Committee meetings, and the implementation of audits and oversight. - FY2024AdvancedAnnual report
「During the current fiscal year, the company held 15 Board of Directors meetings, including 3 written resolutions deemed to constitute resolutions of the Board of Directors pursuant to Article 370 of the Companies Act and Article 26 of the company's Articles of Incorporation.」
Following the transition to a company with an audit and supervisory committee, the company disclosed its operating record, including 15 Board of Directors meetings, 10 Audit and Supervisory Committee meetings, and the implementation of audits and oversight, demonstrating that the new structure is in operation. - FY2023ReframedAnnual report
「At the 36th Annual General Meeting of Shareholders held on 27 October 2023, a proposal to amend the Articles of Incorporation to transition to a company with an audit and supervisory committee was approved. Accordingly, the company changed from a company with an audit and supervisory board to a company with an audit and supervisory committee effective on the same date.」
The governance structure changed from a company with an audit and supervisory board to a company with an audit and supervisory committee, creating a structure that combines audits and oversight by the Audit and Supervisory Committee with swift decision-making by the Management Committee. - FY2022RestatedAnnual report
「We recognize that it is extremely important to establish a management control framework, ensure swift decision-making and appropriate execution of operations, and strengthen and operate a management oversight system that enhances the soundness and transparency of management.」
The company continues to pursue a governance policy that emphasizes management control, oversight, transparency and appropriate information disclosure. - FY2021RestatedAnnual report
「We recognize that it is extremely important to establish a management control framework, ensure swift decision-making and appropriate execution of operations, and strengthen and operate a management oversight system that enhances the soundness and transparency of management.」
The company continues to pursue a governance policy that emphasizes management control, oversight, transparency and information disclosure. - FY2020RestatedAnnual report
「We recognize that it is extremely important to establish a management control framework, ensure swift decision-making and appropriate execution of operations, and strengthen and operate a management oversight system that enhances the soundness and transparency of management.」
The company continues to pursue a governance policy that emphasizes management control, oversight, transparency and appropriate information disclosure. - FY2018RestatedAnnual report
「We recognize that it is extremely important to establish a management control framework, ensure swift decision-making and appropriate execution of operations, and strengthen and operate a management oversight system that enhances the soundness and transparency of management.」
The company continues to pursue a basic governance policy that emphasizes management control, oversight, transparency and information disclosure. - FY2017First statedAnnual report
「We recognize that it is extremely important to establish a management control framework, ensure swift decision-making and appropriate execution of operations, and strengthen and operate a management oversight system that enhances the soundness and transparency of management.」
The company has established transparency and checks and balances through a company with an audit and supervisory committee, outside directors and outside audit and supervisory board members, internal audits, and the Board of Directors.