Strengthening Governance Through the Executive Officer System, Outside Officers and the Compliance Committee
First written in FY2016. 5 of 11 entries say "Advanced", first in FY2019. Latest entry: 2026-06-29.
- FY2026AdvancedAnnual report
「As of the date of submission of this report, the Company has 6 directors, including 2 outside directors. In addition, we will propose “Election of 5 Directors” as an agenda item for the 78th Annual General Meeting of Shareholders scheduled to be held on 26 June 2026.」
The number of directors as of the submission date has changed from 7 to 6, and a proposal to reduce the number to 5 is being submitted to the General Meeting of Shareholders. The Compliance Committee comprises several directors and a retained attorney, with regular meetings held once every half-year. - 2026-06-04AdvancedGeneral Meetings of Shareholders
「All 6 directors will complete their terms of office upon the conclusion of this Annual General Meeting of Shareholders. Accordingly, in order to enable the Board of Directors to make decisions nimbly, we would like to reduce the number by 1 and ask shareholders to elect 5 directors.」
A proposal is presented to reduce the number of director candidates from 6 to 5 to enable the Board of Directors to make decisions more nimbly. - FY2025Planned reduction in the number of directorsAnnual report
「As of the date of submission of this report, the Company has 7 directors, including 2 outside directors. The composition of the Board of Directors if the proposal is approved is as stated in “(2) Status of Officers, ① List of Officers.”」
The proposal to the Annual General Meeting of Shareholders is for 6 directors, changed from the 7 directors as of the submission date. - FY2025SoftenedAnnual report
「As part of efforts to strengthen governance functions, we have established a Compliance Committee comprising 5 directors and 1 retained attorney, for a total of 6 members. In addition to holding regular committee meetings once every half-year (6 months), we hold extraordinary committee meetings as necessary.」
The 6-member composition of the Compliance Committee has continued, but regular meetings are stated to be held once every half-year. - FY2020Change in the composition of the Compliance CommitteeAnnual report
「As part of efforts to strengthen governance functions, we have established a Compliance Committee comprising 5 directors and 1 retained attorney, for a total of 6 members. In addition to holding regular committee meetings once every quarter (3 months), we are developing an education framework that includes subsidiaries to enhance compliance throughout the Group.」
The composition of the Compliance Committee has changed from the previously stated 6 directors and 1 retained attorney, for a total of 7 members, to 5 directors and 1 retained attorney, for a total of 6 members. Quarterly meetings and the education framework covering subsidiaries have continued. - FY2019AdvancedAnnual report
「In addition to outside directors with extensive knowledge of corporate law, the company has newly appointed an outside director with expertise in the construction sector and advanced specialized knowledge and broad insight in engineering. Through multiple outside directors, it ensures that the Board of Directors makes decisions and directors execute their duties from objective and impartial perspectives, with legality and appropriateness secured.」
The number of outside directors was set at 2, and an outside director with expertise in architecture and engineering, in addition to legal affairs, was appointed. In addition, 4 outside directors and outside corporate auditors have been notified as independent officers. - FY2018RestatedAnnual report
「As part of efforts to strengthen governance, the company has established a compliance committee comprising 7 members, including 6 directors and 1 retained attorney. In addition to holding regular committee meetings once every quarter (3 months), the company has established an education system covering its subsidiaries to enhance compliance across the Group.」
The company continues to strengthen governance through a 7-member compliance committee, quarterly meetings and an education system covering its subsidiaries. - FY2017RestatedAnnual report
「As part of efforts to strengthen governance, the company has established a compliance committee comprising 7 members, including 6 directors and 1 retained attorney. In addition to holding regular committee meetings once every quarter (3 months), the company has established an education system covering its subsidiaries to enhance compliance across the Group.」
The company continues to strengthen governance through the compliance committee, quarterly meetings and an education system covering its subsidiaries. - FY2016First statedAnnual report
「The company has introduced an executive officer system with one-year terms to strengthen oversight, accelerate business execution and promote the appointment of younger personnel. As part of efforts to strengthen governance, it has established a compliance committee comprising 7 members, including 6 directors and 1 retained attorney. In addition to holding regular committee meetings once every quarter (3 months), the company has established an education system covering its subsidiaries to enhance compliance across the Group.」
The company described the executive officer system, the compliance committee and an education system covering its subsidiaries as specific measures to strengthen governance.