Corporate Governance Emphasizing Fairness, Transparency and Swift Decision-Making
First written in FY2016. 10 of 12 entries say "Advanced", first in FY2017. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「As a result, we confirmed that progress was also being made steadily in addressing the continuing issue of sharing and overseeing execution status (Note), while further improvements would continue to be pursued, and concluded that the Board of Directors as a whole is functioning effectively.」
In the Board effectiveness evaluation, the Company implemented monthly reporting of KPIs and key initiatives, regular reporting by operating companies, and reviews of group companies by outside directors, and described progress in addressing the sharing and oversight of execution status. - FY2025AdvancedAnnual report
「As a result, we confirmed that progress was also being made steadily in addressing the continuing issue of sharing and overseeing execution status (Note), while further improvements would continue to be pursued, and concluded that the Board of Directors as a whole is functioning effectively.」
In the Board effectiveness evaluation, the Company implemented monthly reporting of KPIs and key initiatives, regular reporting by operating companies, and site visits by outside directors, among other measures. - FY2024AdvancedAnnual report
「Based on active discussions held over 3 Board of Directors meetings regarding the overview of this year's analysis and evaluation results and initiatives going forward, and with steady progress in addressing issues identified in the previous year's evaluation (Note), we concluded that the Board of Directors as a whole is functioning effectively.」
The Board effectiveness evaluation specifically described progress in addressing the previous year's issues, including monthly reporting of KPIs and key initiatives, advance access to past materials, and regular reporting by operating companies. - FY2023AdvancedAnnual report
「Based on active exchanges of views at meetings of the Board of Directors, including responses to issues identified in the previous year's evaluation, we concluded that the Board of Directors as a whole is functioning effectively this year.」
In the evaluation of the Board of Directors' effectiveness, the Company identified continued monitoring of the progress of key initiatives, establishing a system for reporting by group companies, enhancing information from past deliberations, and improving agenda selection as future initiatives. - FY2021AdvancedAnnual report
「By establishing an Audit and Supervisory Committee and granting directors who serve as Audit and Supervisory Committee members voting rights at meetings of the Board of Directors, we are strengthening the Board's supervisory function and working to further enhance corporate governance and increase corporate value.」
The Company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, adopting a structure that grants voting rights to directors who serve as Audit and Supervisory Committee members. - FY2019RestatedAnnual report
「We believe that the foundation of corporate governance is to ensure fairness and transparency in management while maintaining and improving the speed of decision-making.」
The Company continues to maintain its fundamental approach to corporate governance, emphasizing fairness, transparency and swift decision-making. - FY2017AdvancedAnnual report
「In June 2016, the Company set out its approach to and framework for corporate governance and established the Basic Policy on Corporate Governance as a guideline for the conduct of all officers and employees. It was further revised in July 2017 based on the Practical Guidelines for Corporate Governance Systems (CGS Guidelines), issued by the Ministry of Economy, Trade and Industry in March 2017.」
The Basic Policy on Corporate Governance was revised in July 2017 based on the CGS Guidelines. - FY2016First statedAnnual report
「We believe that the foundation of corporate governance is to ensure fairness and transparency in management while maintaining and improving the speed of decision-making.」
As a fundamental approach supporting sustainable growth and enhanced corporate value, the Company demonstrates fairness, transparency and speed in management.