Board Objectivity Through the Diverse Expertise of Outside Officers
First written in FY2016. 9 of 12 entries say "Advanced", first in FY2017. Latest entry: 2026-07-01.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
- 2026-07-01AdvancedGovernance
「The current Board of Directors comprises 9 directors, including 2 women and 2 foreign nationals, and we believe that it is appropriate in terms of both the number of members and the balance of its composition.」
The company described the Board's composition as 9 directors, including 2 women and 2 foreign nationals, providing specific details on its size and diversity. - FY2026AdvancedAnnual report
「As of 22 June 2026, the filing date of the annual securities report, the Company's board of directors consisted of 8 directors, including 5 outside directors and 3 inside directors. The Company has proposed, as an agenda item for the annual general meeting of shareholders scheduled for 23 June 2026, the election of 9 directors. If approved, the board is expected to consist of 9 directors, including 5 outside directors and 4 inside directors. Of these, 2 will be women and 2 will be foreign nationals.」
The Company plans to maintain 5 outside directors and have a board of 9 directors after the annual general meeting of shareholders, including 2 women and 2 foreign nationals. - FY2025AdvancedAnnual report
「The Company has proposed, as an agenda item for the annual general meeting of shareholders scheduled for 17 June 2025, the election of 8 directors. If approved, the board is expected to consist of 8 directors, including 5 outside directors and 3 inside directors. Of these, 2 will be women and 1 will be a foreign national.」
The number of outside directors is expected to increase from 4 as of the filing date to 5 after the general meeting of shareholders, indicating a plan to expand the board's composition to include external expertise and diversity. - FY2024AdvancedAnnual report
「As of the filing date, the Company's board of directors consisted of 7 directors, including 4 outside directors. Of these, 2 were women and 1 was a foreign national, and the Company considers the composition appropriate in terms of both the number of personnel and the balance of skills and experience.」
The board consists of 7 directors, including 4 outside directors, with 2 women and 1 foreign national. The number of outside directors has increased from the composition through the previous year. - FY2022Change in board compositionAnnual report
「As of the filing date, the total number of directors and audit & supervisory board members was 11, including 6 outside officers (3 outside directors and 3 outside audit & supervisory board members). The Company's board of directors consists of 6 directors, including 2 women.」
As of the filing date, there were 6 outside officers, including 3 outside directors, and 2 women directors. The composition has changed from the 7 outside officers and 4 outside directors stated for the previous year. - FY2021AdvancedAnnual report
「As of the filing date, the total number of directors and corporate auditors was 17, of whom 7 were outside officers, comprising 4 outside directors and 3 outside corporate auditors. The Board of Directors comprises 12 directors, including 2 female directors and 1 director of foreign nationality, and is considered appropriate in terms of the balance of its composition and the size of its membership.」
Outside officers increased from 6 to 7, and outside directors from 3 to 4, while the number of female directors increased from 1 to 2. The Company presents a diverse Board composition including 1 director of foreign nationality. - FY2019RestatedAnnual report
「The current Board of Directors comprises 11 directors, including 1 female director and 1 director of foreign nationality, and is considered appropriate in terms of the balance of its composition and the size of its membership. The current total number of directors and corporate auditors is 16, of whom 6 are outside officers, comprising 3 outside directors and 3 outside corporate auditors.」
We have reconfirmed a diverse Board composition including 3 independent outside directors, 3 outside corporate auditors, female directors and a director of foreign nationality. - FY2018AdvancedAnnual report
「At present, 3 of the 17 attendees at Board of Directors meetings, including corporate auditors, are independent outside directors, and 6 are outside officers, including 3 outside corporate auditors.」
The structure now comprises 3 independent outside directors and 3 outside corporate auditors, with the independence criteria formalized to include numerical thresholds for transaction amounts, remuneration and other matters. - FY2017AdvancedAnnual report
「Based on the independence criteria established by Tokyo Stock Exchange, Inc., we have formulated the Company's Criteria for Determining the Independence of Outside Officers, as set out below.」
In addition to describing the existing composition of personnel, the Company has formalized criteria for determining the independence of outside directors and outside corporate auditors using numerical thresholds such as 5% or ¥100 million for major business partners and 2% of the Company's sales. - FY2016First statedAnnual report
「Outside directors and outside corporate auditors guide Board discussions in an appropriate direction for prevailing in global competition by expressing candid opinions from an independent standpoint, preventing discussions from becoming biased toward the homogeneous views of directors from within the Company.」
We have 5 outside officers, including 2 independent outside directors and 3 outside corporate auditors, combining expertise in global business, capital markets, finance and accounting, and law, among other areas.