Decision-Making and Oversight by a Small Board and Outside Officers
First written in FY2016. 2 of 12 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 9 of 52 companies on the "Worse" side.
59 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Following the conclusion of the ordinary general meeting of shareholders in June 2026, the management structure comprised 10 directors, including 3 outside directors, and 3 Audit & Supervisory Board members, including 2 outside members. All outside directors and 1 of the 2 outside Audit & Supervisory Board members are independent officers who maintain impartiality and independence from management.」
The structure comprising 10 directors, including 3 outside directors, and 3 Audit & Supervisory Board members, including 2 outside members, continues. - FY2024AdvancedAnnual report
「During the fiscal year, the Board of Directors met 11 times and the Executive Committee met 45 times.」
The operating record is described for a structure comprising 10 directors, including 3 outside directors, and 3 Audit & Supervisory Board members, including 2 outside members, with 11 Board of Directors meetings and 45 Executive Committee meetings. - FY2023The composition of the outside Audit & Supervisory Board members’ independence is described.Annual report
「Following the conclusion of the ordinary general meeting of shareholders in June 2023, the management structure comprised 10 directors, including 3 outside directors, and 3 Audit & Supervisory Board members, including 2 outside members. All outside directors and 1 of the 2 outside Audit & Supervisory Board members are independent officers who maintain impartiality and independence from management.」
The structure of 10 directors, including 3 outside directors, is maintained, while 1 of the 2 outside Audit & Supervisory Board members is an independent officer. - FY2022The number of outside directors increased to 3Annual report
「Following the conclusion of the ordinary general meeting of shareholders in June 2022, the management structure comprised 10 directors, including 3 outside directors, and 3 Audit & Supervisory Board members, including 2 outside members. All outside directors and all outside Audit & Supervisory Board members are independent officers who maintain impartiality and independence from management.」
The management structure is described as having 10 directors, up from 9, with the number of outside directors increased from 2 to 3. - FY2020Expanded the number of outside directors to 2Annual report
「Following the conclusion of the ordinary general meeting of shareholders in June 2020, the management structure comprised 9 directors, including 2 outside directors, and 3 Audit & Supervisory Board members, including 2 outside members. All outside directors and all outside Audit & Supervisory Board members are independent officers who maintain impartiality and independence from management.」
The total number of directors remains 9, while the number of outside directors increased from 1 to 2. The oversight structure includes 2 outside Audit & Supervisory Board members. - FY2019The number of directors changed to 9Annual report
「The Company pursues rapid decision-making by a small board of 9 directors and an active Board of Directors. It has established risk management and compliance systems to strengthen internal controls, enhance the fairness and transparency of management, and achieve efficient management.」
The structure changed from the 8 directors reported in the previous annual report to a structure comprising 9 directors. It also describes an oversight structure comprising 1 outside director, 1 full-time Audit & Supervisory Board member and 2 outside Audit & Supervisory Board members. - FY2018The number of directors changed to 8Annual report
「The Company pursues rapid decision-making by a small board of 8 directors and an active Board of Directors. It has established risk management and compliance systems to strengthen internal controls, enhance the fairness and transparency of management, and achieve efficient management. As a company with an Audit & Supervisory Board, it has adopted the current structure because it considers objective and impartial oversight by 1 full-time and 2 outside Audit & Supervisory Board members to function adequately in overseeing management.」
The number of directors changed from the 7 stated previously to 8, and the oversight structure comprising 1 full-time and 2 outside Audit & Supervisory Board members is described. - FY2017The number of directors changed to 7Annual report
「The Company pursues rapid decision-making by a small board of 7 directors and an active Board of Directors. It has established risk management and compliance systems to strengthen internal controls, enhance the fairness and transparency of management, and achieve efficient management. As a company with an Audit & Supervisory Board, it has adopted the current structure because it considers objective and impartial oversight by 3 outside Audit & Supervisory Board members, including 1 full-time member, to function adequately in overseeing management.」
The structure is described as comprising 7 directors, down from the previous 9, with oversight by 1 outside director and 3 outside Audit & Supervisory Board members. - FY2016First statedAnnual report
「The Company pursues rapid decision-making by a small board of 9 directors and an active Board of Directors. It has established risk management and compliance systems to strengthen internal controls, enhance the fairness and transparency of management, and achieve efficient management.」
An oversight and decision-making structure centered on 9 directors, 1 outside director and 3 outside Audit & Supervisory Board members.