Separating oversight and execution through a Company with a three-committee board structure
First written in FY2016. 5 of 11 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 3 of 37 companies on the "Worse" side.
21 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In fiscal 2025, as a result of efforts to establish Board agendas in light of the Board's roles and functions and to operate the Board effectively, positive evaluations accounted for 90% or more of the quantitative five-point assessment of the Board's effectiveness,」
While it received positive evaluations of 90% or more in the assessment of the Board's effectiveness, it identifies further enhancing agendas with an awareness of their connection to improving corporate value over the medium to long term as an issue for the following fiscal year. - FY2021AdvancedAnnual report
「In the fiscal 2020 assessment, most of the key items related to effectiveness, including the Board of Directors' role and composition, received high evaluations. It also evaluated that a certain degree of initiatives and improvement had been achieved regarding the issues identified in the previous year's assessment, namely further deepening discussions on the Resona Group's overall strategy and further enhancing the content of Board deliberations.」
It states that, while a certain degree of improvement was confirmed regarding the issues identified in the previous year in the evaluation of the Board's effectiveness, there remains room for improvement in discussions concerning the Group as a whole and the medium to long term. - FY2020AdvancedAnnual report
「In the fiscal 2019 assessment, only a limited number of items received low evaluations, while high evaluations were given for many items, including the composition of the Board of Directors and the status of discussions. It also confirmed that progress had been made in addressing the issues identified in the previous year's assessment, namely clarifying discussion points based on medium- to long-term management issues and deepening discussions on the Resona Group's overall strategy, through the initiatives described above.」
It disclosed that discussions of the medium- to long-term issues and group-wide strategy identified in the previous year had improved in the evaluation of the Board's effectiveness. - FY2019RestatedAnnual report
「In the fiscal 2018 assessment, we evaluated the Board of Directors as operating generally appropriately overall, with the effectiveness of the Board continuing to be secured.」
It continues its Three-Committee Board structure, a Board of Directors centred on outside directors, and evaluations of the Board's effectiveness. For fiscal 2019, it identifies improving the content of reports, with an emphasis on medium- to long-term management issues and group-wide strategy, as an area for improvement. - FY2018RestatedAnnual report
「In the fiscal 2017 assessment, we evaluated the Board of Directors as continuing to operate generally appropriately overall, with the effectiveness of the Board secured.」
It continues its Three-Committee Board structure, a Board of Directors centred on outside directors, and evaluations of the Board's effectiveness. At the same time, it identifies further areas for improvement, including the provision of information and reporting on the status of strategy execution. - FY2017RestatedAnnual report
「In the fiscal 2016 assessment, we evaluated the Board of Directors as continuing to operate generally appropriately overall, with the effectiveness of the Board secured.」
It reaffirms its governance policies of a Three-Committee Board structure, a Board of Directors centred on outside directors, and evaluations of the Board's effectiveness. - FY2016First statedAnnual report
「We believe that a company with a Three-Committee Board structure is the best corporate governance system for clearly separating the supervisory and executive functions of management and strengthening the Board of Directors' supervisory and decision-making functions,」
The policy is to ensure transparency, fairness and supervisory functions through a Board of Directors centred on outside directors and 3 committees.