Strengthening Corporate Governance, Internal Controls and Compliance
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2027-H1.
- FY2027-H1RestatedAnnual report
「The Board of Directors consists of 12 directors, including 4 independent outside directors. It makes decisions on the execution of important business matters concerning management and supervises the execution of the directors’ duties. The Board of Directors met 20 times during the fiscal year ending March 2025.」
The trustee continues to disclose the structures of its Board of Directors, Audit & Supervisory Board, Nomination and Compensation Committee and internal audit function. There has been no substantive change to the existing governance policy. - FY2025AdvancedAnnual report
「The Board of Directors consists of 12 directors, including 4 independent outside directors. It makes decisions on the execution of important business matters concerning management and supervises the execution of the directors’ duties. The Board of Directors met 20 times during the fiscal year.」
In addition to the composition and activities of the Board of Directors, the Audit & Supervisory Board and the Nomination and Compensation Committee, the disclosure specified the dual reporting structure for internal audit and the audit framework. - FY2023AdvancedAnnual report
「The Board of Directors consists of 12 directors, including 4 independent outside directors. It makes decisions on the execution of important business matters concerning management and supervises the execution of the directors’ duties.」
The composition and activities of the Board of Directors, including outside directors, the Audit & Supervisory Board and the Nomination and Compensation Committee were disclosed in detail, clarifying the operation of the oversight and audit functions. - FY2018RestatedAnnual report
「The company recognises that enhancing corporate governance, together with achieving management objectives, is extremely important in gaining the understanding and support of stakeholders, including shareholders, customers, business partners and employees of the group. It is therefore working to develop internal control systems and a compliance framework in order to improve management transparency and strengthen management oversight.」
The company continues to strengthen internal controls, compliance, management transparency and oversight functions. - FY2016First statedAnnual report
「To achieve sustainable growth in corporate value, the company considers the enhancement of corporate governance a key management priority and is working to achieve this through the development of internal control systems, reinforcement of its risk management framework, and thorough compliance measures.」
The disclosure describes a framework including outside directors and outside Audit & Supervisory Board members, internal audits, the Risk Management Committee, the Compliance Committee and a group-wide hotline.