Oversight under the Board of Corporate Auditors System and by Outside Officers
First written in FY2017. 4 of 9 entries say "Restated". Latest entry: 2026-05-29.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
- 2026-05-29RestatedGovernance
「Directors」
The company has reconfirmed its structure of 4 directors in the corporate governance organization chart and the skills matrix of directors' expertise and experience. The existing canonical thread remains unchanged. - FY2026Planned decrease in outside directors and change in officer compositionAnnual report
「If this proposal is approved and adopted, the Company is expected to have 4 directors, including 1 outside director.」
The Company has disclosed that the structure is expected to change from 4 directors, including 2 outside directors, as of the filing date, to 4 directors, including 1 outside director, after the general meeting of shareholders. The expected structure is 3 audit & supervisory board members, including 2 outside members. - 2026-05-01OtherGeneral Meetings of Shareholders
「The terms of office of all 4 directors will expire upon the conclusion of this meeting. Accordingly, we ask shareholders to elect 4 directors.」
The company has proposed the election of 4 directors. The proposal includes Jiro Otani, an audit & supervisory board member, as a candidate for director, and Taichiro Suzuki, the current outside director, as a candidate for audit & supervisory board member. This is an election proposal and remains subject to approval at the general meeting. - FY2025RestatedAnnual report
「The Company is a company with an Audit & Supervisory Board and supervises and audits the execution of duties through the Board of Directors and the Audit & Supervisory Board. As of the filing date of the annual securities report, the Board of Directors comprised 4 directors, including 2 outside directors, as shown in the list of officers.」
The Company has reconfirmed its framework as a company with an Audit & Supervisory Board and its supervisory structure comprising 4 directors, including 2 outside directors. - FY2024Reduction in the size of the board and change in the outside-director ratioAnnual report
「As of the filing date of the annual securities report, the Board of Directors comprised 4 directors, including 2 outside directors, as shown in the list of officers. As of the same date, the Audit & Supervisory Board comprised 3 audit & supervisory board members, including 2 outside members, as shown in the list of officers.」
The structure has changed from 9 directors, including 4 outside directors, as disclosed previously, to 4 directors, including 2 outside directors. Of the 3 audit & supervisory board members, 2 are outside members. - FY2023RestatedAnnual report
「As of the date of submission of the annual securities report, the board of directors consisted of 9 directors as listed in the officer roster, 4 of whom were outside directors.」
The company has reaffirmed the company-with-a-board-of-corporate-auditors framework and an oversight structure comprising 9 directors, including 4 outside directors. - FY2019Increase in outside directors and change in board compositionAnnual report
「As of 30 May 2019, the date of submission of the annual securities report, the board of directors consisted of 9 directors, 4 of whom were outside directors.」
The composition changed from 8 directors, including 3 outside directors, to 9 directors, including 4 outside directors, as of the submission date. The basic framework for oversight and auditing under the company-with-a-board-of-corporate-auditors structure has been maintained. - FY2018RestatedAnnual report
「The company has adopted a company with a board of corporate auditors structure, with the board of directors and the board of corporate auditors overseeing and auditing the execution of business operations.」
The company maintains a structure comprising a board of corporate auditors, with oversight and auditing by the board of directors and the board of corporate auditors. - FY2017First statedAnnual report
「The company has adopted a company with a board of corporate auditors structure, with the board of directors and the board of corporate auditors overseeing and auditing the execution of business operations.」
Oversight and auditing by the board of directors and the board of corporate auditors form the basic corporate governance structure, with 3 of the 8 directors and 3 of the 4 corporate auditors being outside officers.