Separation of Oversight and Execution; Board Centered on Outside Directors
First written in FY2017. 5 of 10 entries say "Advanced", first in FY2018-Q3. Latest entry: 2026-07-08.
1 other company's latest entry also says "Advanced".
- FY2025Update to Board CompositionAnnual report
「Of the 7 members of the Board of Directors, 4 are outside directors, all of whom satisfy the requirements for independent officers prescribed by the Tokyo Stock Exchange and the Company's Independence Criteria for Outside Officers.」
The Board of Directors has 4 independent outside directors out of 7 members and is pursuing a monitoring model in which outside directors constitute a majority. - FY2023SoftenedAnnual report
「Of the 8 members of the Board of Directors, 4 are outside directors, all of whom satisfy the requirements for independent officers prescribed by the Tokyo Stock Exchange and the Company's Independence Criteria for Outside Officers.」
The Board of Directors changed from 9 members, including 5 outside directors, to 8 members, including 4 outside directors, and outside directors now account for half of the Board. The policy of holding at least 8 meetings annually has continued. - FY2021AdvancedAnnual report
「Of the 9 members of the Board of Directors, 5 are outside directors, 4 of whom satisfy the requirements for independent officers prescribed by the Tokyo Stock Exchange and the Company's Independence Criteria for Outside Officers.」
The Board of Directors expanded from 8 to 9 members while maintaining a majority comprising 5 outside directors. - FY2019SoftenedAnnual report
「Of the 8 members of the Board of Directors, 5 are independent outside directors. The Board meets at least 8 times a year to oversee the execution of duties by the Company's executive officers and decide on important matters concerning the Company's business execution.」
The Board remains at 8 members, but the number of independent outside directors changed from the previously stated 6 to 5. The policy of holding at least 8 meetings annually has been maintained. - FY2018AdvancedAnnual report
「Of the 8 members of the Board of Directors, 6 are independent outside directors. The Board meets at least 8 times a year to oversee the execution of duties by the Company's executive officers and decide on important matters concerning the Company's business execution.」
The Board of Directors expanded from 5 outside directors out of 7 members to 6 out of 8, and an effectiveness evaluation by a third party was also conducted. - FY2018-Q3AdvancedAnnual report
「Director Yoshikawa Koji (芳川 恒志) is an outside director.」
In October 2017, Yoshikawa Koji (芳川恒志) became an outside director, adding a director with experience in energy policy and international organizations. - FY2017First statedAnnual report
「Of the 7 members of the Board of Directors, 5 are independent outside directors. The Board meets at least 8 times a year to oversee the execution of duties by the Company's executive officers and decide on important matters concerning the Company's business execution.」
The Company has established a monitoring model comprising 5 independent outside directors out of 7 members, an executive officer system and at least 8 Board meetings annually.