Transition to a Company with an Audit and Supervisory Committee
First written in FY2019. 1 of 2 entries say "Achieved", first in FY2019. Latest entry: FY2020.
- FY2020RestatedAnnual report
「Following approval at the 93rd Annual General Meeting of Shareholders held on 26 June 2019 of amendments to the Articles of Incorporation providing for a transition to a company with an Audit and Supervisory Committee, we transitioned on the same date from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee.」
The company has continued to disclose the structure of its board of directors and audit and supervisory committee following completion of the transition to a company with an audit and supervisory committee. - FY2019AchievedAnnual report
「Following approval at the 93rd Annual General Meeting of Shareholders held on 26 June 2019 of amendments to the Articles of Incorporation providing for a transition to a company with an Audit and Supervisory Committee, we transitioned on the same date from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee.」
The transition from a company with a board of corporate auditors to a company with an audit and supervisory committee was completed on 26 June 2019. The stated objectives of the transition were to strengthen the audit and supervisory functions of the audit and supervisory committee, which has a majority of outside directors, and to accelerate decision-making and business execution through the delegation of authority.