Strengthening the Management Oversight Framework, Including Outside Directors
First written in FY2016. 6 of 13 entries say "Restated". Latest entry: 2026-08-21.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
- FY2025RestatedAnnual report
「a) The Board of Directors consists of 5 inside directors and 2 outside directors.」
The Company continues to maintain a 7-member structure comprising 5 inside directors and 2 outside directors, with business execution separated through the executive officer system. - FY2024The 7-member composition of the Board of Directors is explicitly stated.Annual report
「The Board of Directors consists of 5 inside directors and 2 outside directors.」
The current composition of the Board of Directors is explicitly stated as 7 members, comprising 5 inside directors and 2 outside directors. The separation of business execution functions through the executive officer system also continues. - FY2023RestatedAnnual report
「In addition to establishing a Board of Directors and a Board of Corporate Auditors, the Company established the Management Advisory Committee, Sustainability Committee and Risk Management Committee as advisory bodies to the Board of Directors, and introduced an executive officer system to separate business execution functions and achieve prompt business execution and appropriate decision-making.」
The Company continues to maintain a framework comprising the Board of Directors, Board of Corporate Auditors, Management Advisory Committee, Sustainability Committee and Risk Management Committee, with oversight and execution separated through the executive officer system. - FY2022AdvancedAnnual report
「In addition to establishing a Board of Directors and a Board of Corporate Auditors, the Company established the Management Advisory Committee, Risk Management Committee and Sustainability Committee as advisory bodies to the Board of Directors, and introduced an executive officer system to separate business execution functions and achieve prompt business execution and appropriate decision-making.」
The Company disclosed a framework that, in addition to the existing Board of Directors, Board of Corporate Auditors and Management Advisory Committee, includes a Risk Management Committee and Sustainability Committee. - FY2021RestatedAnnual report
「In addition to establishing a Board of Directors and a Board of Corporate Auditors, the Company established a Management Advisory Committee and introduced an executive officer system to separate business execution functions and achieve prompt business execution and appropriate decision-making.」
The Company continues to maintain a framework separating oversight and execution by combining the Board of Directors, Board of Corporate Auditors, Management Advisory Committee and executive officer system. - FY2020AdvancedAnnual report
「In addition to establishing a Board of Directors and a Board of Corporate Auditors, the Company established a Management Advisory Committee and introduced an executive officer system to separate business execution functions and achieve prompt business execution and appropriate decision-making.」
The Company explicitly disclosed a governance framework comprising the Board of Directors, Board of Corporate Auditors and executive officer system, together with a Management Advisory Committee that provides recommendations in response to inquiries from the Board of Directors. - FY2019RestatedAnnual report
「In addition to establishing a Board of Directors and a Board of Corporate Auditors, the Company introduced an executive officer system to separate business execution functions and achieve prompt business execution and appropriate decision-making.」
The Company continues to maintain a Board of Directors comprising 7 inside directors and 2 outside directors, a Board of Corporate Auditors including outside corporate auditors, and separation of oversight and execution through the executive officer system. - FY2018RestatedAnnual report
「The Company’s Board of Directors consists of 9 directors, including 2 outside directors. The Company determined that its current framework is the most suitable because it enables the Board to respond promptly to changing stakeholder expectations and strengthen relationships, while comprising inside directors with extensive business experience and specialist knowledge of the industry and outside directors who oversee and advise on management based on their extensive experience and broad knowledge in their respective fields. The framework is intended to enable prompt and appropriate decision-making on business execution, mutual oversight of business execution, and external oversight of management.」
The Company continues to maintain a management oversight framework combining a 9-member Board of Directors, including 2 outside directors, the separation of business execution functions under executive officers, and audits by corporate auditors. - FY2017RestatedAnnual report
「The Company’s Board of Directors consists of 9 directors, including 2 outside directors. The Company determined that its current framework is the most suitable because it enables the Board to respond promptly to changing stakeholder expectations and strengthen relationships, while comprising inside directors with extensive business experience and specialist knowledge of the industry and outside directors who oversee and advise on management based on their extensive experience and broad knowledge in their respective fields. The framework is intended to enable prompt and appropriate decision-making on business execution, mutual oversight of business execution, and external oversight of management.」
The Company continues to maintain a management oversight framework combining a 9-member Board of Directors, including 2 outside directors, the separation of business execution functions under executive officers, and audits by corporate auditors. - FY2016First statedAnnual report
「At the annual general meeting of shareholders held on 28 June 2016, 2 new outside directors were elected, bringing the total to 9. This was intended to enable the Company to respond promptly to changing stakeholder expectations, strengthen relationships, and reinforce the management oversight framework.」
The Company describes a framework combining the separation of the Board of Directors and executive officers with oversight by outside directors and outside corporate auditors.