Transition to a Company with an Audit and Supervisory Committee and Use of Outside Directors
First written in FY2018. 2 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2025.
- FY2025Update to Board CompositionAnnual report
「As of the filing date, the company's Board of Directors comprises 6 directors other than directors serving as Audit and Supervisory Committee members, including 3 women, and 4 directors serving as Audit and Supervisory Committee members, all 4 of whom are independent outside directors.」
The company describes its current Board of Directors, in which the number of directors serving as Audit and Supervisory Committee members has decreased from the previous 5 to 4, all 4 of whom are independent outside directors. - FY2023AdvancedAnnual report
「As of the filing date, the company's Board of Directors comprises 6 directors other than directors serving as Audit and Supervisory Committee members, including 3 women, and 5 directors serving as Audit and Supervisory Committee members, including 4 independent outside directors.」
The company maintains its status as a company with an Audit and Supervisory Committee and 4 independent outside directors, while the number of women on the Board of Directors has increased from the previous 2 to 3. - FY2021AdvancedAnnual report
「As of the filing date, the company's Board of Directors comprises 6 directors other than directors serving as Audit and Supervisory Committee members, including 2 women, and 5 directors serving as Audit and Supervisory Committee members, including 4 independent outside directors.」
The company maintains its status as a company with an Audit and Supervisory Committee and has a Board of Directors that includes 4 independent outside directors. - FY2019RestatedAnnual report
「The company adopted this structure because it believes that involving directors serving as Audit and Supervisory Committee members in management decision-making will enhance the transparency and objectivity of the Board of Directors, strengthen its audit and oversight functions, and further enhance its corporate governance structure.」
The company continues to operate as a company with an Audit and Supervisory Committee, with 3 independent outside directors. - FY2018First statedAnnual report
「The company believes that involving directors serving as Audit and Supervisory Committee members in management decision-making will strengthen the audit and oversight functions and further enhance its corporate governance structure.」
The company changed to a company with an Audit and Supervisory Committee in September 2017 and has an Audit and Supervisory Committee comprising 3 outside directors.