Transition to a Company with an Audit and Supervisory Committee and Proactive Governance
First written in FY2016. 5 of 6 entries say "Advanced", first in FY2017. Latest entry: 2026-06-02.
- FY2019AdvancedAnnual report
「In the 129th fiscal year (fiscal year ended March 2017), the company transitioned to a company with an Audit & Supervisory Committee and increased the number of outside directors. In the 131st fiscal year (fiscal year ended March 2019), the company increased the number of directors to diversify the Board and strengthen the management structure. In addition, in line with the purpose of the revisions to the Corporate Governance Code, the company increased the number of executive officers from the perspective of contributing to the development of candidates for future management, while continuing to pursue agile and efficient business execution and strengthen the Board of Directors’ supervisory function.」
The company increased the number of directors and executive officers, promoting greater diversity among directors, strengthening the management structure, developing potential successors, and enhancing the Board of Directors’ oversight function. - FY2018AdvancedAnnual report
「We continue working to build a more robust “proactive governance” framework, taking into account the principles of the Corporate Governance Code through measures including the transition to a company with an Audit & Supervisory Committee and increasing the number of outside directors and executive officers. In the 129th fiscal year (fiscal year ended March 2017), the company transitioned to a company with an Audit & Supervisory Committee and increased the number of outside directors. In the 130th fiscal year (fiscal year ended March 2018), the company was in its second year under the new management structure and sought to make business execution more agile and efficient by increasing the number of executive officers, while strengthening the Board of Directors’ supervisory function.」
In the second year after transitioning to the new structure, the company increased the number of executive officers, strengthening the agility and efficiency of business execution and the Board of Directors’ supervisory function. - FY2017AdvancedAnnual report
「In the 129th fiscal year (fiscal year ended March 2017), the company transitioned to a company with an Audit & Supervisory Committee and increased the number of outside directors. This was the first year under the new management structure, and the Board of Directors held active discussions.」
After transitioning to a company with an Audit & Supervisory Committee and increasing the number of outside directors, the company reports on the first year of operating the new structure and discussions at Board of Directors meetings. - FY2016First statedAnnual report
「We will continue working to build a more robust “proactive governance” framework, taking into account the principles of the Corporate Governance Code through measures including the transition to a company with an Audit & Supervisory Committee and increasing the number of outside directors.」
The company states that it changed to a company with an Audit & Supervisory Committee on 29 June 2016 and appointed 4 outside directors as Audit & Supervisory Committee members.