Transition to a Company with an Audit and Supervisory Committee
First written in FY2022. 1 of 2 entries say "Achieved", first in FY2023. Latest entry: FY2023.
- FY2023AchievedAnnual report
「Following the resolution at the June 2022 shareholders meeting to transition to a company with an Audit and Supervisory Committee, the Company delegated authority over important business execution matters from the Board of Directors to individual directors, seeking to accelerate decision-making and business execution and further improve governance.」
The Company completed its transition to a company with an Audit and Supervisory Committee based on the resolution at the June 2022 shareholders meeting, moving to a new structure that includes the delegation of authority over important business execution matters. - FY2022First statedAnnual report
「In accordance with the intent of the Corporate Governance Code, the Company provides stakeholders with timely and appropriate disclosure of information. With a focus on responding appropriately to changes in the environment surrounding the Group, the Company transitioned, pursuant to a resolution at the June 2022 shareholders meeting, to a company with an Audit and Supervisory Committee, which offers advantages including greater flexibility in business execution and enhanced transparency of management processes. The Company will work to further strengthen corporate governance that supports transparent, fair, swift and decisive decision-making.」
Based on a resolution at the June 2022 shareholders meeting, the Company presented for the first time as an independent theme its transition in corporate structure from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee.