Independent oversight by outside officers and ensuring transparency and objectivity
First written in FY2019. 2 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 14 of 104 companies on the "Worse" side.
- FY2026Planned increase in the number of outside directorsAnnual report
「We have appointed 4 outside directors. If Proposal No. 2, "Election of 11 Directors," to be submitted to the ordinary general meeting of shareholders scheduled for 26 June 2026 is approved as originally proposed, the number of the Company's outside directors will become 5.」
As of the filing date, there were 4 outside directors, and the disclosure indicated that the number is expected to become 5 after the general meeting of shareholders. - FY2025Planned change in the number of outside directorsAnnual report
「We have appointed 5 outside directors to incorporate external perspectives into decision-making and ensure the legality and objectivity of management. If Proposal No. 2, "Election of 10 Directors," to be submitted to the ordinary general meeting of shareholders scheduled for 26 June 2025 is approved as originally proposed, the number of the Company's outside directors will become 4.」
As of the filing date, there were 5 outside directors, but the number is expected to become 4 if the proposed director election resolution is approved. - FY2024AdvancedAnnual report
「We have appointed 5 outside directors to incorporate external perspectives into decision-making and ensure the legality and objectivity of management.」
Specific disclosure was provided on the oversight structure, including 5 outside directors and 3 outside corporate auditors, and cooperation among the Board of Directors, corporate auditors and the internal audit department. - FY2023RestatedAnnual report
「We have adopted a governance structure in which the Board of Directors makes decisions on the execution of operations and other matters concerning the Company's affairs, executive officers led by the representative director and president execute operations, and the corporate auditors, including 3 outside corporate auditors, and the Board of Directors audit and oversee the execution of duties by directors and executive officers in cooperation with the internal audit department and other functions.」
The policy of ensuring independent oversight and proper execution through cooperation among outside officers, the Board of Directors, corporate auditors and the internal audit department remains in place. - FY2022RestatedAnnual report
「Under the initiative of top management, we are actively working to ensure thorough disclosure to shareholders and others and strengthen our compliance framework, while using the independent oversight function of outside directors and outside corporate auditors over management that takes stakeholders' interests into account, as well as their function of ensuring the proper execution of duties.」
The governance policy of maintaining independent oversight by outside officers and strengthening information disclosure and compliance remains in place. - FY2019First statedAnnual report
「Under the initiative of top management, we are actively working to ensure thorough disclosure to shareholders and others and strengthen our compliance framework, while using the independent oversight function of outside directors and outside corporate auditors over management that takes stakeholders' interests into account, as well as their function of ensuring the proper execution of duties.」
The approach to ensuring effective corporate governance through outside directors and outside corporate auditors, information disclosure and compliance can be identified as a standalone theme for the first time.