Strengthening Oversight through Outside Officers and Voluntary Nomination and Compensation Committees
First written in FY2016. 5 of 13 entries say "Advanced", first in FY2020. Latest entry: FY2026.
0 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「If the proposal is approved, the Board of Directors is expected to comprise 4 directors and 6 outside directors.」
The proposed structure was updated from the previous fiscal year's plan for 3 directors and 6 outside directors to a total of 10 directors, comprising 4 directors and 6 outside directors. The majority representation of outside directors continues. - FY2025RaisedAnnual report
「The proposal to appoint 9 directors has been submitted as an agenda item for the annual general meeting of shareholders scheduled for 26 August 2025. If approved, the Board of Directors is expected to comprise 3 directors and 6 outside directors.」
The company indicated that the number of outside directors is expected to increase from the current 5 to 6 if the proposal is approved at the annual general meeting of shareholders. Outside directors are expected to constitute a majority of the 9 directors. - FY2024RestatedAnnual report
「The 5 independent outside directors comprise individuals with experience in corporate management and experts in corporate legal affairs, compliance and risk management" Independent outside directors account for a majority of the current total of 9 directors.」
The majority structure of 5 independent outside directors out of 9 directors, together with the oversight structure provided by the voluntary nomination and compensation committees for officers, continues. - FY2023The total number of directors decreased to 9Annual report
「The Board of Directors, consisting of 4 directors and 5 outside directors, for a total of 9 directors, generally meets once a month」
The number of outside directors remained at 5, while the total size of the Board of Directors decreased from 10 to 9. Outside directors continue to constitute a majority. - FY2022AdvancedAnnual report
「The Board of Directors, consisting of 5 directors and 5 outside directors, for a total of 10 directors, generally meets once a month」
The number of outside directors on the Board of Directors increased from 4 in the previous fiscal year to 5, making them 5 of the 10 directors. The voluntary nomination and compensation committees for officers also continue. - FY2021AdvancedAnnual report
「The Board of Directors, consisting of 6 directors and 4 outside directors, for a total of 10 directors, generally meets once a month」
The number of outside directors increased from 3 in the previous fiscal year to 4, expanding their representation on the Board of Directors. The voluntary nomination and compensation committees for officers also continue. - FY2020AdvancedAnnual report
「The Board of Directors, consisting of 6 directors and 3 outside directors, for a total of 9 directors, generally meets once a month" The audit & supervisory board consists of 1 full-time member and 2 outside members" Voluntary nomination and compensation committees for officers have been established.」
The number of outside directors increased from the previous 2 to 3, expanding their representation on the Board of Directors. The voluntary nomination and compensation committees also continue. - FY2019RestatedAnnual report
「To ensure the objectivity and transparency of the evaluation and decision-making processes concerning the nomination and compensation of directors and other officers, and to further enhance the corporate governance structure, we have established voluntary nomination and compensation committees for officers.」
The oversight and evaluation structure combining outside directors, outside audit & supervisory board members, and voluntary nomination and compensation committees continues. Of the 7 directors, 2 are outside directors, and of the 3 audit & supervisory board members, 2 are outside members. - FY2018RestatedAnnual report
「To ensure the objectivity and transparency of the evaluation and decision-making processes concerning the nomination and compensation of directors and other officers, and to further enhance the corporate governance structure, we have established voluntary nomination and compensation committees for officers.」
The oversight and evaluation structure combining outside directors, outside audit & supervisory board members, and voluntary nomination and compensation committees continues to be disclosed. - FY2016First statedAnnual report
「To ensure the objectivity and transparency of the evaluation and decision-making processes concerning the nomination and compensation of directors and other officers, and to further enhance the corporate governance structure, we have established voluntary nomination and compensation committees for officers.」
The structure combines 2 outside directors and 2 outside audit & supervisory board members with voluntary advisory committees.