Strengthening Governance through Outside Officers, the Executive Officer System and the Board of Corporate Auditors
First written in FY2016. 8 of 12 entries say "Advanced", first in FY2019. Latest entry: 2026-10-09.
- FY2026AdvancedAnnual report
「From April 2026, important matters concerning sustainability, including climate change, such as policies, targets and progress, climate-related risks and opportunities, strategy, risk management and metrics and reporting, are to be submitted to the Board of Directors for deliberation through the Sustainability Council (Management Committee), chaired by the President and Representative Director and composed of executive officers and others.」
The governance structure has progressed from one centred on the Sustainability Committee and Carbon Neutrality Promotion Committee to one in which the Sustainability Council within the Management Committee is combined with the Internal Control and Social Committee and others, with matters submitted to the Board of Directors for deliberation and oversight. - 2026-05-29AdvancedGovernance
「Because a proposal to elect outside officers will be submitted to the Annual General Meeting of Shareholders」
The Company identified Yumiko Sanwa (三和裕美子) as a new outside director candidate and Junko Ueda (上田純子) as a new outside audit & supervisory board member candidate, with both expected to be designated as independent officers. This is disclosure of planned appointments through an independent officer notification, not confirmation that the appointments have been completed. - FY2022AdvancedAnnual report
「Compensation for directors, excluding outside directors, consists of fixed compensation (cash compensation), performance-linked compensation (cash compensation) and restricted stock compensation (non-cash compensation). The target mix is fixed compensation: performance-linked compensation: restricted stock compensation = 6:3:1.」
The operating policy for the restricted stock compensation plan approved for introduction in the previous fiscal year was made concrete, with a compensation mix of fixed, performance-linked and stock compensation of 6:3:1. - FY2021AdvancedAnnual report
「At the 150th Annual General Meeting of Shareholders held on 28 June 2021, the Company resolved to introduce a restricted stock compensation plan for its directors, excluding outside directors, with the aim of further promoting the sharing of value with shareholders and heightening directors' motivation to contribute to the enhancement of corporate value over the medium to long term.」
In addition to a supervisory structure including outside directors and a Nomination and Compensation Committee, the Company resolved to introduce a restricted stock compensation plan aimed at sharing value with directors through the medium- to long-term enhancement of corporate value. - FY2020AdvancedAnnual report
「The Board of Directors consists of 9 directors, including 3 outside directors, as of the filing date of this report. In accordance with the Board of Directors regulations, it makes decisions on important matters concerning the entire Group, including affiliated companies, and supervises the execution of directors' duties.」
The number of outside directors increased from 2 to 3, giving concrete form to a supervisory structure involving independent officers. - FY2019AdvancedAnnual report
「The Nomination and Compensation Committee is chaired by the Chairperson of the Board of Directors. With respect to the nomination and compensation of directors, the Company obtains the views and advice of outside officers and others and reflects them in nomination and compensation proposals. The Compliance Committee, chaired by the President and Representative Executive Officer, monitors the progress of compliance activities and identifies issues across the Group in order to conduct business operations with greater integrity and fairness while fully recognizing the Company's social responsibilities. The results are deliberated by the Management Committee and reported to the Board of Directors.」
A specific governance structure was disclosed that includes the existing outside officers, executive officer system, Management Committee and Audit & Supervisory Board, as well as the Nomination and Compensation Committee and Compliance Committee. - FY2017RestatedAnnual report
「The Board of Directors consists of 10 directors, including 2 outside directors, as of the filing date of this report. In accordance with the Board of Directors regulations, it makes decisions on important matters concerning the entire Group, including affiliated companies, and supervises the execution of directors' duties. The Company has also adopted an executive officer system and established a Management Committee to strengthen business execution functions and clarify responsibilities.」
The governance structure combining outside directors, the executive officer system, the Management Committee and the Audit & Supervisory Board remains in place. - FY2016First statedAnnual report
「Outside directors and outside Audit & Supervisory Board members are appointed to strengthen supervisory and audit functions and promote fair and highly transparent management.」
The Company has 2 outside directors and 3 outside Audit & Supervisory Board members, together with an executive officer system, Management Committee, Audit & Supervisory Board and internal audit department.