Appointment of Outside Directors and Outside Corporate Auditors Based on Independence Criteria
First written in FY2018. 1 of 2 entries say "Restated". Latest entry: FY2019.
29 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「Outside directors and outside Audit & Supervisory Board members are selected from among those who are unlikely to have conflicts of interest with general shareholders and who can make fair, impartial and objective judgments with consideration for general shareholders’ interests. In addition to the independence criteria established by the Tokyo Stock Exchange, the company appoints independent officers after confirming and determining whether each of the following (1) to (8) applies.」
The company has reconfirmed its policy of appointing outside directors and outside Audit & Supervisory Board members based on independence criteria added to those of the Tokyo Stock Exchange. - FY2018First statedAnnual report
「Outside directors and outside Audit & Supervisory Board members are selected from among those who are unlikely to have conflicts of interest with general shareholders and who can make fair, impartial and objective judgments with consideration for general shareholders’ interests. In addition to the independence criteria established by the Tokyo Stock Exchange, the company appoints independent officers after confirming and determining whether each of the following (1) to (8) applies.」
For the first time, the company has established as a thread its policy of applying 8 independence criteria, in addition to the Tokyo Stock Exchange’s criteria, covering relationships with major shareholders, key business partners, professional advisers’ fees and the accounting auditor, among others.