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Innotech (9880) · FactUpdated the activities of the Board of Directors and advisory committees

Oversight structure combining outside directors and outside corporate auditors

First written in FY2016. 2 of 10 entries say "Restated". Latest entry: FY2026.

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ProgressHeldSoftenedWorseOtherFY2016 – FY20222016: 120162017: 120172018: 120182019: 020192020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
An Outside Director-Centered Oversight Structure in Companies with an Audit and Supervisory CommitteeA theme 232 companies write about · 0 as a headwind · 231 as a tailwind
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Showing 14 of the 199 companies compared. The sentences above are computed from all 199.Comparing 200 of the theme's 233 threads.
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  1. FY2026Updated the activities of the Board of Directors and advisory committeesAnnual report

    「During the current fiscal year, the Company held meetings of the Board of Directors at least once a month. Attendance at individual Board meetings was as follows.」

    The Company maintained its structure as a company with an Audit and Supervisory Committee, with 3 of 5 directors being outside directors and all 3 Audit and Supervisory Committee members being outside directors. The Board of Directors met 17 times and the advisory committees met 8 times.
  2. FY2025Updated the structure of the Board of Directors and Audit and Supervisory CommitteeAnnual report

    「The Company had appointed 5 directors, including 1 woman, with one-year terms, or two-year terms for Audit and Supervisory Committee members, to clarify their responsibilities and enable a swift response to changes in the business environment. Of the directors, 3, a majority, were outside directors.」

    The Company has maintained its structure as a company with an Audit and Supervisory Committee, comprising 5 directors, including 3 outside directors, and 3 Audit and Supervisory Committee members, all of whom are outside directors.
  3. FY2024AdvancedAnnual report

    「The Company had appointed 5 directors, including 1 woman, with one-year terms, or two-year terms for Audit and Supervisory Committee members, to clarify their responsibilities and enable a swift response to changes in the business environment. Of the directors, 3, a majority, were outside directors.」

    The Company disclosed the structure following the change to a company with an Audit and Supervisory Committee, comprising 5 directors, including 3 outside directors, and 3 Audit and Supervisory Committee members, all of whom are outside directors. It also reported that the Board of Directors met 18 times and the advisory committees met 9 times.
  4. FY2023ReframedAnnual report

    「Pursuant to a resolution approving amendments to the Articles of Incorporation at the 37th Annual General Meeting of Shareholders held on 23 June 2023, the Company changed from a company with an audit and supervisory board to a company with an Audit and Supervisory Committee on the same date. The purpose of this change was to strengthen the supervisory function of the Board of Directors and further enhance corporate governance by making Audit and Supervisory Committee members, who are responsible for auditing the execution of directors’ duties, members of the Board of Directors; to separate business execution from supervision and accelerate management decision-making by enabling the Board of Directors to broadly delegate decisions on business execution to directors; and thereby to further enhance corporate value.」

    The Company changed from a company with an audit and supervisory board to a company with an Audit and Supervisory Committee, reorganizing its oversight structure so that Audit and Supervisory Committee members serve as members of the Board of Directors. At the same time, it introduced an executive officer system.
  5. FY2022RestatedAnnual report

    「As of the date of submission of this report, the Company had appointed 9 directors, including 1 woman and 1 non-Japanese director, with one-year terms to clarify their responsibilities and enable a swift response to changes in the business environment. Of the directors, 3 were outside directors. The Company had appointed 4 corporate auditors, including 1 woman, 3 of whom were outside corporate auditors, and believes that this ensures a sufficient degree of independence in auditing.」

    The Company has maintained a structure in which 3 of the 9 directors are outside directors and 3 of the 4 corporate auditors are outside corporate auditors.
  6. FY2021Updated the Board of Directors and Audit & Supervisory Board structureAnnual report

    「As of the date of submission of this report, the Company had appointed 9 directors, including 1 woman and 1 non-Japanese director, with one-year terms to clarify their responsibilities and enable a swift response to changes in the business environment. Of the directors, 3 were outside directors. The Company had appointed 4 corporate auditors, including 1 woman, 3 of whom were outside corporate auditors, and believes that this ensures a sufficient degree of independence in auditing.」

    The Company has disclosed a structure in which 3 of the 9 directors are outside directors and 3 of the 4 corporate auditors are outside corporate auditors.
  7. FY2020Updated the Board of Directors and Audit & Supervisory Board structureAnnual report

    「As of the date of submission of this report, the Company had appointed 9 directors, including 1 non-Japanese director, with one-year terms to clarify their responsibilities and enable a swift response to changes in the business environment. Of the directors, 2 were outside directors. The Company had appointed 4 corporate auditors, including 1 woman, 3 of whom were outside corporate auditors, and believes that this ensures a sufficient degree of independence in auditing.」

    The structure has been updated to 9 directors, including 2 outside directors, and 4 corporate auditors, including 3 outside corporate auditors.
  8. FY2018Updated the Board of Directors and Audit & Supervisory Board structureAnnual report

    「As of the date of submission of this report, the Company had appointed 8 directors, with one-year terms to clarify their responsibilities and enable a swift response to changes in the business environment. Of the directors, 2 were outside directors. By having outside directors participate in meetings of the Board of Directors, the Company works to maintain management transparency and soundness. The Company had appointed 3 corporate auditors, all of whom were outside corporate auditors, and believes that this ensures a sufficient degree of independence in auditing.」

    The Company has disclosed a structure comprising 8 directors, including 2 outside directors, and 3 corporate auditors, all of whom are outside corporate auditors.
  9. FY2017RestatedAnnual report

    「As of the date of submission of this report, the Company had appointed 10 directors, 2 of whom were outside directors. By having outside directors participate in meetings of the Board of Directors, the Company works to maintain management transparency and soundness. The Company had appointed 3 corporate auditors, all of whom were outside corporate auditors, and believes that this ensures a sufficient degree of independence in auditing.」

    The Company has maintained an oversight and audit structure comprising 2 outside directors and 3 outside corporate auditors.
  10. FY2016First statedAnnual report

    「By having outside directors participate in meetings of the Board of Directors, the Company works to maintain management transparency and soundness. The Company has appointed 3 corporate auditors, all of whom are outside corporate auditors, and believes that this ensures a sufficient degree of independence in auditing.」

    The Company has disclosed a structure comprising 2 outside directors and 3 corporate auditors, all of whom are outside corporate auditors.
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Oversight structure combining outside directors and outside corporate auditors | INNOTECH CORPORATION (9880) | Komori