Transition to a Company with an Audit and Supervisory Committee
First written in FY2017. 4 of 7 entries say "Restated". Latest entry: FY2026.
- FY2026ReframedAnnual report
「The Board of Directors consists of 8 members in total: 5 directors excluding directors who are Audit & Supervisory Committee members, including 1 outside director, and 3 directors who are Audit & Supervisory Committee members, including 3 outside directors. It generally meets once a month.」
The company-with-an-Audit-&-Supervisory-Committee system continues, while the company discloses a structure in which all 3 Audit & Supervisory Committee members are outside directors. - FY2024ReframedAnnual report
「The Board of Directors consists of 8 members in total: 5 directors excluding directors who are Audit & Supervisory Committee members, including 1 outside director, and 3 directors who are Audit & Supervisory Committee members, including 2 outside directors. It generally meets once a month, decides matters prescribed by law and other important matters relating to management, and supervises the execution of duties.」
The company-with-an-Audit-&-Supervisory-Committee system continues, while the company discloses a total of 8 Board members. - FY2023RestatedAnnual report
「The company has adopted the company-with-an-Audit-&-Supervisory-Committee system to build a structure that strengthens the supervisory function of management, separates supervision from execution and enhances management agility.」
The company continues to adopt the company-with-an-Audit-&-Supervisory-Committee system and reports a structure consisting of a 9-member Board of Directors and a 3-member Audit & Supervisory Committee. - FY2020RestatedAnnual report
「The company has adopted the company-with-an-Audit-&-Supervisory-Committee system to build a structure that strengthens the supervisory function of management, separates supervision from execution and enhances management agility.」
The company continues to adopt the company-with-an-Audit-&-Supervisory-Committee system and reports a structure consisting of a 9-member Board of Directors and a 3-member Audit & Supervisory Committee. - FY2019RestatedAnnual report
「The company has adopted the company-with-an-Audit-&-Supervisory-Committee system to build a structure that strengthens the supervisory function of management, separates supervision from execution and enhances management agility.」
The company continues to adopt the company-with-an-Audit-&-Supervisory-Committee system. The Board of Directors consists of 9 members, and the Audit & Supervisory Committee consists of 3 members, including 2 outside directors. - FY2018RestatedAnnual report
「To further strengthen its corporate governance framework, the company changed from a company with a board of corporate auditors to a company with an Audit & Supervisory Committee on 29 June 2017.」
The governance framework following the change to a company with an Audit & Supervisory Committee continues to operate. - FY2017First statedAnnual report
「To further strengthen its corporate governance framework, the company changed from a company with a board of corporate auditors to a company with an Audit & Supervisory Committee on 29 June 2017. The Board of Directors consists of 8 members in total: 5 directors excluding directors who are Audit & Supervisory Committee members and 3 directors who are Audit & Supervisory Committee members, including 2 outside directors.」
The company changed to a company with an Audit & Supervisory Committee on 29 June 2017 and introduced a structure intended to strengthen the supervisory function and separate supervision from execution.