Strengthening Internal Controls and Governance
First written in FY2017. 6 of 7 entries say "Advanced", first in FY2018. Latest entry: 2026-07-08.
- 2026-07-08AdvancedGovernance
「When internal departments become aware of material information concerning the company or its subsidiaries, they report it to the department responsible for information disclosure, which immediately reports it to the officer responsible for information disclosure.」
The timely disclosure framework is described in detail, covering the collection of material information, confirmation of whether disclosure is required, determination of the content and timing of disclosure, and submission and publication through TDnet. - FY2026AdvancedAnnual report
「The overview of the implementation for the fiscal year ending March 2026 is provided below. Questionnaires were conducted for all directors and Audit & Supervisory Board members. Based on the responses, the Board of Directors analyzed and evaluated its effectiveness and held discussions and exchanged views on issues and priority matters requiring action to improve the Board's effectiveness going forward.」
The Company continued its evaluation of the Board of Directors' effectiveness and disclosed the process from administering questionnaires to all directors and Audit & Supervisory Board members, through analysis and evaluation by the Board, to reflecting the results in the annual activity plan. - FY2023AdvancedAnnual report
「An overview of the implementation and evaluation results for fiscal 2022 is provided below and was reported to the Board of Directors at its meeting held on 9 May 2023.」
The Company continued its third-party evaluation of the Board of Directors' effectiveness and reflected the Board's composition, succession and risk management for overseas businesses in its activity plan as issues for the following fiscal year. - FY2021AdvancedAnnual report
「An overview of the implementation and evaluation results for fiscal 2020 is provided below and was reported to the Board of Directors at its meeting held on 10 May 2021.」
The Company continued its third-party evaluation of the Board of Directors' effectiveness and reflected monitoring functions, deliberation of key agenda items and other matters in the Board's activity plan as issues for the following fiscal year. - FY2019AdvancedAnnual report
「The Company also conducted an evaluation of the Board of Directors' effectiveness through an external evaluation organization to ensure the Board's objectivity and further improve governance.」
Following the previous evaluation, the Company conducted an external evaluation from late February to early May 2019 and indicated planned measures including information sharing among outside officers, selection and development of CEO candidates, and a review of the composition of officers. - FY2018AdvancedAnnual report
「From late April to late June 2018, the Company conducted an evaluation of the Board of Directors' effectiveness through an external evaluation organization.」
In addition to its policy of separating oversight from execution, the Company pursued improvements including an external evaluation, longer deliberation times and the use of management meetings. - FY2017First statedAnnual report
「Since the fiscal year ending May 2017, the Company has separated management oversight from execution and worked to improve the level of management monitoring. Going forward, it will continue to pursue effective corporate governance in accordance with the spirit of the Corporate Governance Code.」
Since the fiscal year ending May 2017, the Company has separated oversight from execution and stated its policy of strengthening internal controls and the Board of Directors' oversight function.