Decision-Making and Oversight by the Board of Directors, Management Committee and Board of Corporate Auditors
First written in FY2016. 6 of 10 entries say "Advanced", first in FY2017. Latest entry: FY2025.
23 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「During the fiscal year, the Company held 18 Board of Directors meetings, … During the fiscal year, the Company held 4 Nomination and Compensation Committee meetings, … The Company has introduced an executive officer system.」
The Company disclosed that, following the introduction of the executive officer system, it held 18 Board of Directors meetings and 4 Nomination and Compensation Committee meetings during the fiscal year. It also stated that it plans to expand the Board of Directors from 9 to 10 members. - FY2025-H1AdvancedAnnual report
「In addition, to further strengthen corporate governance and reinforce the management structure so as to respond appropriately and promptly to rapid changes in the business environment, we have worked to strengthen management through the introduction of an executive officer system.」
The Company describes the specific organizational measures taken through the introduction of an executive officer system to strengthen corporate governance and the management structure. - FY2024AdvancedAnnual report
「During the fiscal year, the Company held 3 meetings of the Nomination and Compensation Committee, … the committee's main matter for deliberation during the fiscal year was the individual compensation of directors.」
The Company discloses that the Nomination and Compensation Committee, established in the previous fiscal year with a majority of independent outside directors, held 3 meetings during the fiscal year and deliberated on individual compensation. - FY2023AdvancedAnnual report
「To strengthen the independence, objectivity and accountability of the Board of Directors' functions concerning the nomination and compensation of directors, the Board established a Nomination and Compensation Committee in February 2024 as a voluntary advisory body to the Board, with independent outside directors forming a majority.」
In addition to the existing structure comprising the Board of Directors, Management Committee and Board of Statutory Auditors, the Company established a Nomination and Compensation Committee in which independent outside directors form a majority. - FY2022RestatedAnnual report
「The Board of Directors consists of 9 members, including 2 outside directors, and holds regular meetings generally once a month as well as extraordinary meetings as necessary」
The Company continues its structure of a 9-member Board of Directors, including 2 outside directors, regular monthly meetings and extraordinary meetings as necessary. - FY2021RestatedAnnual report
「The Board of Directors consists of 9 members, including 2 outside directors, and holds regular meetings generally once a month as well as extraordinary meetings as necessary」
The Company continues its governance structure of a 9-member Board of Directors, including 2 outside directors, regular monthly meetings, the Management Committee and the Board of Statutory Auditors. - FY2019AdvancedAnnual report
「The Board of Directors consists of 9 members, including 2 outside directors, and holds regular meetings generally once a month as well as extraordinary meetings as necessary」
The number of Board members increased from the previous 8 to 9, while the number of outside directors remained at 2. - FY2018RestatedAnnual report
「The Board of Directors consists of 8 members, including 2 outside directors, and holds regular meetings generally once a month as well as extraordinary meetings as necessary. It decides matters prescribed by law and important matters relating to management, and is responsible for overseeing the execution of directors' duties and establishing an appropriate internal control system, among other matters.」
The Company continues to describe a decision-making and oversight structure comprising an 8-member Board of Directors, including 2 outside directors, the Management Committee and the Board of Statutory Auditors. - FY2017AdvancedAnnual report
「The Board of Directors consists of 8 members, including 2 outside directors, and holds regular meetings generally once a month as well as extraordinary meetings as necessary」
The composition of the Board of Directors is specified as 8 members, including 2 outside directors, documenting the development of its decision-making and oversight structure. - FY2016First statedAnnual report
「The Company has established the Board of Directors as its decision-making and oversight body; the Representative Director and President, directors with titles, directors in charge, and the Management Committee as its business execution bodies; and the Board of Statutory Auditors and accounting auditor as its audit bodies.」
The Company describes its corporate governance structure, in which the Board of Directors, Management Committee, Board of Statutory Auditors and accounting auditor have separate roles.