Strengthening Corporate Governance and Management Oversight Functions
First written in FY2016. 7 of 12 entries say "Advanced", first in FY2019. Latest entry: 2026-09-25.
The whole theme swung hardest in 2021: 3 of 37 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2026AdvancedAnnual report
「At the Extraordinary General Meeting of Shareholders held on 28 March 2025, the company changed from a company with an Audit & Supervisory Board to a company with a three-committee structure, with independent outside directors accounting for a majority of the Board of Directors, comprising 6 independent outside directors.」
In the first year after changing to a company with a three-committee structure, the company operated with 7 outside directors and 6 independent outside directors among its 10 directors, and established nomination, audit, and compensation committees. - 2026-05-22RestatedGeneral Meetings of Shareholders
「By adopting a company with a nominating committee structure, we clearly separate the supervisory and executive functions of management. By giving the Board of Directors stronger supervisory functions, we seek to strengthen corporate governance.」
指名委員会等設置会社への移行後の機関設計と、取締役会による監督機能強化の方針を再確認した。 - FY2025AdvancedAnnual report
「At the Extraordinary General Meeting of Shareholders held on 28 March 2025, the company changed from a company with an Audit & Supervisory Board to a company with a three-committee structure, with independent outside directors accounting for a majority of the Board of Directors, comprising 6 independent outside directors.」
The company changed from a company with an Audit & Supervisory Board to a company with a three-committee structure, establishing nomination, audit, and compensation committees. The number of independent outside directors was expanded to 6, representing a majority of the Board of Directors. - FY2024AdvancedAnnual report
「At the Ordinary General Meeting of Shareholders held on 21 June 2024, the number of independent outside directors on the Board of Directors was set at half of the Board, with 4 independent outside directors, together with 2 outside Audit & Supervisory Board members.」
The structure progressed from the previous arrangement of 5 outside directors representing at least half of the Board to one in which 4 independent outside directors represented half of the Board. - FY2023AdvancedAnnual report
「From the Ordinary General Meeting of Shareholders held on 23 June 2023, the company has had 5 outside directors, representing at least half of the directors, including 4 independent outside directors, together with 2 outside Audit & Supervisory Board members.」
The structure was expanded from the previous arrangement, in which independent outside directors accounted for one-third of the Board, to 5 outside directors, representing at least half of the directors, including 4 independent outside directors. - FY2022AdvancedAnnual report
「At the Ordinary General Meeting of Shareholders held on 23 June 2022, the proportion of independent outside directors on the Board of Directors was increased to one-third, resulting in a structure comprising 4 outside directors and 2 outside Audit & Supervisory Board members.」
The company described its policy and structure of maintaining 4 outside directors while increasing the proportion of independent outside directors on the Board of Directors to one-third. - FY2019AdvancedAnnual report
「At the Ordinary General Meeting of Shareholders held on 24 June 2016, the number of outside directors was increased by 1 to 3. At the Ordinary General Meeting of Shareholders held on 21 June 2019, the number of outside directors was increased by a further 1 to 4, resulting in a structure comprising 4 outside directors and 2 outside Audit & Supervisory Board members.」
The number of outside directors increased from 3 to 4, expanding the management oversight structure. - FY2018RestatedAnnual report
「Regarding the development of the governance structure, which is of greatest importance in implementing strategies to enhance group value, the company has clarified and strengthened responsibility for business execution through the introduction of a unit-based management structure, and strengthened the Board of Directors’ monitoring framework for deciding important policies.」
The company continued its framework for management oversight and risk management through the unit-based management structure, Board of Directors monitoring, and bodies such as the Crisis Management Committee and Investment Committee. - FY2017RestatedAnnual report
「Regarding the development of the governance structure, which is of greatest importance in implementing strategies to enhance group value, the company has clarified and strengthened responsibility for business execution through the introduction of a unit-based management structure, and strengthened the Board of Directors’ monitoring framework for deciding important policies.」
The company continued to strengthen governance through clearer responsibility for business execution, Board of Directors monitoring, and bodies such as the Investment Committee. - FY2016First statedAnnual report
「To ensure greater transparency in management and strengthen oversight by the Board of Directors and Audit & Supervisory Board members, 2 outside directors were elected at the Ordinary General Meeting of Shareholders held on 24 June 2009. At the Ordinary General Meeting of Shareholders held on 24 June 2016, the number of outside directors was increased by 1 to 3.」
The company reported that the number of outside directors increased from 2 to 3.