Strengthening Governance Based on the Corporate Governance Code
First written in FY2016. 5 of 9 entries say "Advanced", first in FY2019. Latest entry: 2026-07-08.
- FY2024AdvancedAnnual report
「As shown below, the number of directors after the conclusion of the Annual General Meeting of Shareholders held on 25 June 2024 remained 12, the same as in the previous fiscal year, including 6 outside directors.」
The 12-director structure, including 6 outside directors, was maintained, and the voluntary Nomination and Compensation Committee met 9 times during the fiscal year. In June 2024, outside directors changed and additional outside directors were appointed. - FY2023AdvancedAnnual report
「In response to the diversification of our business and the growing level of specialization, we introduced a headquarters-and-group structure to enable the prompt and flexible formulation of strategies and decision-making for each business.」
To address business diversification, the governance and decision-making structure was given concrete form through measures including a headquarters-and-group structure, policy committees, and a Nomination and Compensation Committee with a majority of outside directors. - FY2021ReframedAnnual report
「In March 2021, the function of the Management Committee was changed from a decision-making body to an advisory body to the president, in order to clarify the president's responsibilities and authority.」
The Management Committee was changed from a decision-making body to an advisory body to the president, reorganizing the governance structure to clarify the president's responsibilities and authority. There are 12 directors, including 6 outside directors. - FY2020AdvancedAnnual report
「As shown below, the number of directors after the conclusion of the Annual General Meeting of Shareholders held on 24 June 2020 remained 11, the same as in the previous fiscal year, while the number of outside directors increased by 1 year on year to 7.」
The number of outside directors increased from 6 to 7, and outside directors came to constitute a majority of the voluntary Nomination and Compensation Committee. - FY2019AdvancedAnnual report
「The voluntary Nomination and Compensation Committee is chaired by Representative Director and President Motoyama Hiroshi (本山 博史) and consists of 5 directors, including outside directors Komine Takao (小峰 隆夫), Negishi Osafumi (根岸 修史), Hagihira Hirofumi (萩平 博文), and Sagiya Mari (鷺谷 万里). 4 of the outside directors are independent. The committee deliberates on the appointment and dismissal of directors and audit & supervisory board members, the appointment and dismissal of senior management, and compensation matters, and submits these matters to the Board of Directors.」
A voluntary Nomination and Compensation Committee comprising 5 members, including 4 independent outside directors, was established, giving concrete form to its function of deliberating on appointments, dismissals, and compensation. - FY2017RestatedAnnual report
「While working to establish effective corporate governance, we will also strengthen internal controls, including by upgrading portfolio management.」
The policy of making corporate governance function effectively and strengthening internal controls and risk management remains in place. - FY2016First statedAnnual report
「In keeping with the intent and spirit of the Corporate Governance Code, we will continue working to enhance corporate governance. In addition to ensuring the effective and appropriate operation of internal controls, we will work to strengthen our internal management framework by thoroughly enforcing compliance and establishing a risk management system.」
The Governance Code, internal controls, compliance, and risk management are identified as elements of stronger governance.