Strengthening Corporate Governance
First written in FY2016. 11 of 15 entries say "Advanced", first in FY2019. Latest entry: 2026-10-01.
- FY2026AdvancedAnnual report
「We have also appointed 6 outside directors, and have established a structure under which advice on management and monitoring and supervision of business execution are provided from independent and objective perspectives, based on the outside directors’ high level of expertise and diverse experience」
Disclosed a structure with 6 outside directors and continued to specify the supervisory structure, including the Nominating Review and Compensation Review committees. - FY2025RaisedAnnual report
「If the proposal is approved, the number of outside directors will be 6.」
Indicated plans to increase the number of outside directors from the current 4 to 6 if the proposal at the Annual General Meeting of Shareholders is approved, and to expand the outside-director representation of the Nominating Review and Compensation Review committees. - FY2024AdvancedAnnual report
「The Board of Directors met a total of 14 times during the fiscal year.」
Specifically disclosed the activities of the Board of Directors, the Audit and Supervisory Committee, the Nominating Review Committee, and the Compensation Review Committee, including their deliberations on director candidates, compensation, succession planning, and other matters. - FY2023AdvancedAnnual report
「We have appointed 4 outside directors and believe that we have established an effective governance structure in which advice on management policies and monitoring and supervision of management are provided from independent and objective perspectives, based on the specialized knowledge and experience of the outside directors.」
Disclosed the activities of the 4 outside directors, the Audit and Supervisory Committee, and the Nominating Review and Compensation Review committees as part of the structure following the transition to a Company with an Audit and Supervisory Committee. - FY2022AdvancedAnnual report
「With the approval of the 99th Annual General Meeting of Shareholders held on 28 June 2022, we changed from a Company with an Audit & Supervisory Board to a Company with an Audit and Supervisory Committee.」
Changed on 28 June 2022 to an organizational structure in which directors who are Audit and Supervisory Committee members have voting rights at Board of Directors meetings. - FY2021AdvancedAnnual report
「To achieve sustainable growth for the SEIKA CORPORATION Group and enhance corporate value over the medium to long term, we will work to revise the Corporate Governance Code and establish group-wide internal controls, including at subsidiaries, with the aim of achieving sound and highly transparent management by earning and enhancing the trust of all stakeholders.」
Added revising the Corporate Governance Code and establishing group-wide internal controls, including at subsidiaries, as specific issues in strengthening governance. - FY2020AdvancedAnnual report
「As of 25 June 2020, our Board of Directors consisted of 8 directors, including 3 outside directors,」
Disclosed a supervisory and review structure involving independent officers, including 3 outside directors and the Nominating Review and Compensation Review committees. - FY2019AdvancedAnnual report
「In addition to conducting an evaluation of the effectiveness of the Board of Directors, during the fiscal year we established a Nominating Review Committee, which upgraded the voluntary President, etc. Appointment Review Committee, and established a Compensation Review Committee under the Board of Directors concerning director compensation and other matters.」
In addition to evaluating the effectiveness of the Board of Directors, established Nominating Review and Compensation Review committees, adding specific governance mechanisms. - FY2017RestatedAnnual report
「To achieve sustainable growth for the SEIKA CORPORATION Group and enhance corporate value over the medium to long term, we will continue to enhance corporate governance and pursue a sound and highly transparent management structure.」
Continues to treat enhanced governance and soundness and transparency as ongoing issues in pursuit of sustainable growth and improved corporate value. - FY2016First statedAnnual report
「On 15 December 2015, we established the “SEIKA CORPORATION Corporate Governance Code” to achieve sustainable growth for the SEIKA CORPORATION Group and enhance corporate value over the medium to long term. We will continue to strengthen corporate governance and pursue a sound and highly transparent management structure.」
Emphasizes soundness, transparency, and supervisory functions through the establishment of a governance code, the appointment of 2 outside directors, and an executive officer system, among other measures.