Transition to a Company with an Audit and Supervisory Committee and Strengthening Oversight through Independent Outside Directors
First written in FY2021. 3 of 6 entries say "Restated". Latest entry: 2026-06-24.
- 2026-06-24RestatedGovernance
「Board of Directors Director Director who is an Audit and Supervisory Committee member Audit and Supervisory Committee」
The company has reaffirmed the current oversight and audit structure, including directors who are Audit and Supervisory Committee members and the Audit and Supervisory Committee, in its governance diagram. - FY2026AdvancedAnnual report
「The Company has adopted the system of a company with an Audit and Supervisory Committee to improve the effectiveness of the Board of Directors’ oversight function and stimulate strategic discussions. All directors serving on the Audit and Supervisory Committee are independent outside directors.」
The Company disclosed the actual composition as of 19 June 2026, consisting of 3 directors serving on the Audit and Supervisory Committee, all of whom are independent outside directors. - FY2025ReframedAnnual report
「All of the Company’s directors serving on the Audit and Supervisory Committee are independent outside directors, and outside directors account for at least one-third of the Board of Directors.」
While continuing its status as a company with an Audit and Supervisory Committee and its oversight structure involving independent outside directors, the Company has disclosed plans to change the number of outside directors serving on the Audit and Supervisory Committee from 4 to 3 after the Annual General Meeting of Shareholders. - FY2023RestatedAnnual report
「To improve the effectiveness of the Board of Directors’ oversight function and stimulate strategic discussions, the Company has adopted the system of a company with an Audit and Supervisory Committee following approval at the 46th Annual General Meeting of Shareholders held on 23 June 2021. All directors serving on the Audit and Supervisory Committee are independent outside directors.」
The Company continues with its status as a company with an Audit and Supervisory Committee and a structure in which all directors serving on the Audit and Supervisory Committee are independent outside directors. - FY2022RestatedAnnual report
「To improve the effectiveness of the Board of Directors’ oversight function and stimulate strategic discussions, the Company has adopted the system of a company with an Audit and Supervisory Committee following approval at the 46th Annual General Meeting of Shareholders held on 23 June 2021. All directors serving on the Audit and Supervisory Committee are independent outside directors.」
The annual report continues to disclose the transition to a company with an Audit and Supervisory Committee and an oversight structure comprising 4 independent outside directors serving as Audit and Supervisory Committee members. - FY2021First statedAnnual report
「To improve the effectiveness of the Board of Directors’ oversight function and stimulate strategic discussions, the Company transitioned to a company with an Audit and Supervisory Committee following approval at the 46th Annual General Meeting of Shareholders held on 23 June 2021. All directors serving on the Audit and Supervisory Committee are independent outside directors.」
The Company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, with 4 of its 9 directors serving as independent outside directors who are Audit and Supervisory Committee members. The change aims to improve the effectiveness of oversight, strategic discussions and auditing.