Strengthening Oversight Through the Transition to a Company with an Audit and Supervisory Committee
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2019. Latest entry: FY2019.
- FY2019AchievedAnnual report
「To further strengthen the Board of Directors' supervisory function and enhance its corporate governance structure, the Company transitioned from a company with a board of corporate auditors to a company with an audit and supervisory committee pursuant to a resolution of the Annual General Meeting of Shareholders held on 27 September 2018, increasing the number of outside directors who serve as audit and supervisory committee members by 1 from the previous number of corporate auditors.」
The transition from a company with a board of corporate auditors to a company with an audit and supervisory committee was completed, and the structure with 1 additional outside director serving as an audit and supervisory committee member is in operation. - FY2018First statedAnnual report
「To further strengthen the corporate governance system by enhancing the Board of Directors' oversight function, the Company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee, pursuant to a resolution of the Annual General Meeting of Shareholders held on 27 September 2018.」
The transition from a company with a board of corporate auditors to a company with an audit and supervisory committee is described as a new measure to strengthen the governance structure.