Strengthening oversight through outside directors and voluntary nomination and compensation committees
First written in FY2019. 7 of 9 entries say "Advanced", first in FY2020. Latest entry: 2026-06-29.
2 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「Independent outside directors account for a majority of all directors, at 54.5%.」
The company disclosed that the Board of Directors has 6 independent outside directors, constituting a majority of its 11 directors. The nomination and compensation committees also operate as 5-member bodies centered on independent outside directors. - FY2023AdvancedAnnual report
「The company has established voluntary nomination, compensation and special committees, as well as an ESG Promotion Committee, as advisory bodies to the Board of Directors.」
In addition to the existing nomination and compensation committees, the company operates a Board of Directors advisory structure that includes special and ESG Promotion committees, explicitly covering ESG, transactions with the controlling shareholder, compensation and nominations. - FY2021Change in the composition of the Nomination and Compensation CommitteeAnnual report
「Outside director Horiba Atsushi (堀場 厚) serves as chair of both the nomination and compensation committees. The other members of both committees are CEO and representative director Miyagawa Junichi (宮川 潤一), outside director Uegama Takehiro (上釜 健宏), outside director Oki Kazuaki (大木 一昭), and outside director Uemura Kyoko (植村 京子), for a total of 5 members, ensuring the independence of the committees.」
The composition of the nomination and compensation committees was updated following the change in CEO, describing a 5-member structure chaired by an outside director. - FY2020AdvancedAnnual report
「The company has established voluntary nomination and compensation committees, as well as an SDGs Promotion Committee, as advisory bodies to the Board of Directors.」
In addition to the existing nomination and compensation committees chaired by an independent outside director, the company established an SDGs Promotion Committee and described a structure for addressing its operating policies and progress. - FY2019First statedAnnual report
「The company has established voluntary nomination and compensation committees as advisory bodies to the Board of Directors, with outside director Horiba Atsushi (堀場 厚) serving as chair of both committees. The other members of both committees are CEO and representative director Miyauchi Ken (宮内 謙), outside director Uegama Takehiro (上釜 健宏), outside director Oki Kazuaki (大木 一昭), and outside director Uemura Kyoko (植村 京子), for a total of 5 members, ensuring the independence of the committees. All outside directors are independent outside directors.」
The company described for the first time its oversight structure comprising a Board of Directors that includes independent outside directors and voluntary nomination and compensation committees chaired by an outside director.