Mutual Checks by Outside Officers and Audit & Supervisory Board Members
First written in FY2016. 1 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 4 of 28 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2025Update to the corporate auditor structureAnnual report
「The Company has 5 directors, including 1 outside director, as of the filing date, and seeks mutual checks among them. It has also established an adequate execution and oversight structure through an audit system comprising 3 audit & supervisory board members, including 2 outside members, as of the filing date, and a system under which audit & supervisory board members cooperate with the accounting auditor and the Internal Audit Office.」
The structure comprised 5 directors, including 1 outside director, 3 audit & supervisory board members and 2 outside audit & supervisory board members. Although there was a change in the members of the audit & supervisory board, the numerical composition was maintained. - FY2023Changes to the Board StructureAnnual report
「Under the current structure, the Company has 5 directors, including 1 outside director, as of the filing date, and seeks mutual checks among them. It has also established an adequate execution and oversight structure through an audit system comprising 3 audit & supervisory board members, including 2 outside members, as of the filing date, and a system under which audit & supervisory board members cooperate with the accounting auditor and the Internal Audit Office.」
The number of directors changed from 4 in the previous record to 5, and the structure comprised 1 outside director and 3 audit & supervisory board members, including 2 outside members. - FY2020Change in the number of directorsAnnual report
「The Company has 4 directors, including 1 outside director, as of the filing date, and seeks mutual checks among them. It has also established an adequate execution and oversight structure through an audit system comprising 3 audit & supervisory board members, including 2 outside members, as of the filing date, and a system under which audit & supervisory board members cooperate with the accounting auditor and the Internal Audit Office.」
The stated number of directors changed from 5 in the previous fiscal year to 4. The structure of 1 outside director and 3 audit & supervisory board members, including 2 outside members, was maintained. - FY2018Change in the number of audit & supervisory board membersAnnual report
「The Company has 5 directors, including 1 outside director, as of the filing date, and seeks mutual checks among them. It has also established an adequate execution and oversight structure through an audit system comprising 3 audit & supervisory board members, including 2 outside members, as of the filing date, and a system under which audit & supervisory board members cooperate with the accounting auditor and the Internal Audit Office.」
The structure of 5 directors, including 1 outside director, was maintained, while the number of audit & supervisory board members was stated as 3, including 2 outside members, changing from the 4 stated for the previous fiscal year. - FY2017RestatedAnnual report
「Under the current structure, the Company has 5 directors, including 1 outside director, as of the filing date, and seeks mutual checks among them. It has also established an adequate execution and oversight structure through an audit system comprising 4 audit & supervisory board members, including 2 outside members, as of the filing date, and a system under which audit & supervisory board members cooperate with the accounting auditor and the Internal Audit Office.」
An execution and oversight structure based on coordination among outside directors, outside audit & supervisory board members, the accounting auditor and the Internal Audit Office continues to be adopted. - FY2016First statedAnnual report
「The Company has 5 directors, including 1 outside director, as of the filing date, and seeks mutual checks among them. It has also established an adequate execution and oversight structure through an audit system comprising 4 audit & supervisory board members, including 2 outside members, as of the filing date, and a system under which audit & supervisory board members cooperate with the accounting auditor and the Internal Audit Office.」
Coordination among outside directors, outside audit & supervisory board members, the accounting auditor and the Internal Audit Office is used as a means of oversight.