Enhancing corporate value through external perspectives and dialogue with shareholders
First written in FY2016. 13 of 14 entries say "Advanced", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2022: 1 of 10 companies on the "Worse" side.
12 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Based on the evaluation of the effectiveness of the Board of Directors, the company sought to improve the operation of the Board by allocating sufficient time to deliberate important proposals and stimulating discussion, and by holding free discussions and Board retreats on important medium- to long-term themes.」
The company maintained a structure with 4 outside directors accounting for 44.4% and an outside director as Board chair, and progressed to strengthening shareholder dialogue through Board retreats, multifaceted evaluations of officers, and the establishment of an IR office. - FY2025AdvancedAnnual report
「To further enhance the transparency and objectivity of governance, the company increased the number of outside directors by 1 and raised the proportion of outside directors from fiscal 2024, and changed the chair of the Board of Directors to an outside director. In addition, the bank and certain major group companies conducted evaluations of the effectiveness of their boards with support from an independent specialist organisation.」
Governance practices progressed to include 4 outside directors accounting for 44.4%, an outside director as Board chair, effectiveness evaluations by an independent specialist organisation, and Board retreats and free discussions. - FY2024AdvancedAnnual report
「The Board of Directors comprises 9 directors, including 4 outside directors. It makes decisions on management policies and other important matters and supervises the execution of duties by directors and executive officers. The company is also working to improve the effectiveness of the Board through free and constructive discussion, with outside directors accounting for 44.4% of its members, and has had an outside director serve as chair of the Board since April 2024.」
The Board changed from 3 outside directors to 4, with outside directors accounting for 44.4% of its members. Since April 2024, it has also operated with an outside director as chair of the Board of Directors. - FY2023AdvancedAnnual report
「To enhance the transparency and objectivity of governance, the company changed the chair of the Nomination, Compensation and Management Advisory Committee to an outside director. In addition, it held regular Top Risk Meetings at all headquarters divisions and group companies, discussed the status of responses to priority initiatives and the results of discussions concerning the selection of risk items with outside directors and Audit & Supervisory Board members, and reported the matters to the Board of Directors.」
The company changed the chair of the Nomination, Compensation and Management Advisory Committee to an outside director and institutionalised discussions with outside officers through Top Risk Meetings. - FY2022AdvancedAnnual report
「Based on the evaluation of the effectiveness of the Board of Directors, the company reviewed matters submitted to the Board, including introducing and consolidating agenda items, to allow sufficient time for deliberation of important proposals and stimulate discussion. It also sought to improve the operation of the Board by holding free discussions on important medium- to long-term themes outside the Board's formal agenda.」
Based on the Board of Directors' effectiveness evaluation, the company introduced new and consolidated agenda items and free discussions on medium- to long-term themes, thereby making specific improvements to the operation of the Board. - FY2021AdvancedAnnual report
「For the evaluation of the effectiveness of the Board of Directors, the company conducted surveys of each director and Audit & Supervisory Board member and pursued improvements based on the results of quantitative and qualitative evaluations. The Nomination, Compensation and Management Advisory Committee also continued considering a review of the executive compensation system.」
The company made the Board of Directors' effectiveness evaluation more concrete through surveys and improvements based on quantitative and qualitative evaluations, and pursued a review of the executive compensation system. - FY2020AdvancedAnnual report
「For the evaluation of the effectiveness of the Board of Directors, the company introduced an evaluation by an external organisation for the first time and is pursuing further improvements with reference to the results. It also seeks to provide proactive disclosure through IR activities and other means to facilitate constructive dialogue with shareholders.」
The company introduced an external organisation's evaluation of the Board of Directors' effectiveness for the first time and continued shareholder dialogue through the Board of Directors, including 3 outside directors, and IR activities. - FY2019AdvancedAnnual report
「Under “Governance,” the Board of Directors, comprising 9 directors including 3 outside directors, makes decisions on management policies and other important business execution matters and appropriately supervises business execution. The company also conducts annual reviews and evaluations of the effectiveness of the Board of Directors and continues to make further improvements, while pursuing proactive disclosure through IR activities and other means to facilitate constructive dialogue with shareholders.」
The Board of Directors comprises 9 directors, including 3 outside directors, and the company continues to conduct effectiveness evaluations and engage in dialogue with shareholders through IR activities. - FY2018AdvancedAnnual report
「In addition, the company conducts annual reviews and evaluations of the effectiveness of the Board of Directors and continues to make further improvements. It also seeks to provide proactive disclosure through IR activities and other means to facilitate constructive dialogue with shareholders.」
The company specified the Board of Directors, including 3 outside directors, the Nomination, Compensation and Management Advisory Committees, in which outside directors form a majority, annual board effectiveness evaluations, and shareholder dialogue through IR activities as governance structures and practices. - FY2017AdvancedAnnual report
「The Board of Directors comprises 12 directors, including 3 outside directors. It makes decisions on management policies and other important matters and supervises the execution of duties by directors and executive officers.」
The company institutionalised external perspectives through the Board of Directors, including 3 outside directors, the Management Advisory Committee, and the Nomination and Compensation Advisory Committee, among others. - FY2016First statedAnnual report
「We will further strengthen our corporate governance framework and work to enhance corporate value by incorporating external perspectives and engaging in constructive dialogue with shareholders.」
The company describes the Board of Directors, including outside directors, the Management Advisory Committee, and dialogue with shareholders as its governance structures and means.