Strengthening oversight and auditing functions through the use of outside directors
First written in FY2016. 4 of 10 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「As of the filing date, the company has an Audit and Supervisory Committee comprising 5 directors who are Audit and Supervisory Committee members. It seeks to strengthen its audit and oversight functions and establish a structure for faster decision-making, while appropriately auditing and overseeing the execution of directors' duties and enhancing the checks and balances on management.」
The structure of 5 Audit and Supervisory Committee members indicated in the previous fiscal year has been implemented as the structure in place as of the filing date, including 4 outside directors. The meeting of independent outside officers was also held 5 times during the fiscal year. - 2026-05-29SoftenedGeneral Meetings of Shareholders
「Proposal 3: Election of 4 Directors who are Audit and Supervisory Committee Members」
The election proposal calls for 4 Directors Serving as Audit and Supervisory Committee Members, including 3 outside directors, instead of the previously indicated plan for 5 such directors, including 4 outside directors, in the previous General Meeting of Shareholders materials. - FY2025AdvancedAnnual report
「The meeting of independent outside officers was held 4 times in total to discuss and consider the nomination of director candidates, the appointment and departure of directors with specific titles, the allocation of directors' remuneration, and the allocation of stock-based stock options to directors.」
The meeting of independent outside officers was held 4 times to discuss nominations, remuneration, stock-option allocations and evaluations of the effectiveness of the Board of Directors. A proposal has also been submitted for the next structure to comprise 5 Audit and Supervisory Committee members, including 4 outside directors, changed from 4 members. - FY2023AdvancedAnnual report
「The meeting of independent outside officers was held 5 times in total to discuss and consider the nomination of director candidates, the appointment and departure of directors with specific titles, the allocation of directors' remuneration, and the allocation of stock-based stock options to directors.」
Following the change to a company with an Audit and Supervisory Committee, the meeting of independent outside officers was held 5 times, serving oversight and advisory functions regarding the nomination and remuneration of officers, stock-option allocations and other matters. - FY2022AdvancedAnnual report
「Following the 93rd Annual General Meeting of Shareholders held on 29 June 2022, the bank changed from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee. In connection with this change, it established an Audit and Supervisory Committee comprising 4 directors who are Audit and Supervisory Committee members, aiming to strengthen its audit and oversight functions and establish a structure for faster decision-making.」
The company changed from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee, establishing a structure with 4 Audit and Supervisory Committee members, including 3 outside directors. - FY2021RestatedAnnual report
「The company has appointed 2 outside directors to strengthen the Board of Directors' oversight function and improve the fairness and objectivity of decision-making by the Board. The bank has adopted a company with an Audit & Supervisory Board structure, and its Audit & Supervisory Board, comprising 4 members including 3 outside members, audits the directors' execution of their duties and provides advice.」
The bank continues its oversight and audit structure through the Audit & Supervisory Board, which includes 2 outside directors and 3 outside Audit & Supervisory Board members. - FY2020RestatedAnnual report
「The company has appointed 2 outside directors to strengthen the Board of Directors' oversight function and improve the fairness and objectivity of decision-making by the Board. The bank has adopted a company with an Audit & Supervisory Board structure, and its Audit & Supervisory Board, comprising 4 members including 3 outside members, audits the directors' execution of their duties and provides advice.」
The bank continues its oversight and audit structure through the Audit & Supervisory Board, which includes 2 outside directors and 3 outside Audit & Supervisory Board members. It operates the meeting of independent outside officers as an advisory body to the Board of Directors. - FY2018RestatedAnnual report
「The company has appointed 2 outside directors to strengthen the Board of Directors' oversight function and improve the fairness and objectivity of decision-making by the Board. The bank has adopted a company with an Audit & Supervisory Board structure, and its Audit & Supervisory Board, comprising 4 members including 3 outside members, audits the directors' execution of their duties and provides advice.」
The bank continues its oversight and audit structure through the Audit & Supervisory Board, which includes 2 outside directors and 3 outside Audit & Supervisory Board members. - FY2017RestatedAnnual report
「The company has appointed 2 outside directors to strengthen the Board of Directors' oversight function and improve the fairness and objectivity of decision-making by the Board. The bank has adopted a company with an Audit & Supervisory Board structure, and its Audit & Supervisory Board, comprising 4 members including 3 outside members, audits the directors' execution of their duties and provides advice.」
The bank continues its oversight and audit structure through the Audit & Supervisory Board, which includes 2 outside directors and 3 outside Audit & Supervisory Board members, and holds meetings of independent outside officers twice a year in principle. - FY2016First statedAnnual report
「The company seeks to improve the effectiveness of the Board of Directors' oversight function through the use of independent outside directors, Audit & Supervisory Board members and the Audit & Supervisory Board.」
The company has 2 outside directors among its 13 directors and 3 outside Audit & Supervisory Board members among its 4 Audit & Supervisory Board members. It seeks to improve the effectiveness of oversight and audits through meetings of independent outside officers and the attendance of Audit & Supervisory Board members at important meetings.