Strengthening Oversight by Outside Officers, the Internal Control Audit Office, and Corporate Auditors
First written in FY2016. 5 of 10 entries say "Advanced", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2023: 3 of 24 companies on the "Worse" side.
18 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Pursuant to a resolution of the 73rd Annual General Meeting of Shareholders held on 27 June 2025, the Company changed from a company with a board of corporate auditors to a company with an audit and supervisory committee, with the aim of strengthening the Board of Directors' supervisory function, further strengthening its oversight structure, and accelerating management decision-making by broadly delegating decisions on business execution to the directors, thereby enhancing corporate value over the medium to long term. As of 29 June 2026, the Company's management structure comprises 8 directors excluding directors who are audit and supervisory committee members, including 2 outside directors, and 3 directors who are audit and supervisory committee members, all of whom are outside directors.」
Discloses the new structure following the change to a company with an audit and supervisory committee, including 5 outside directors, and the operation of the Nomination and Compensation Committee and Sustainability Promotion Committee. - 2026-05-30RestatedGeneral Meetings of Shareholders
「Our Board of Directors consists of 11 members, including 5 outside directors.」
The company described the operating status of the Board of Directors, Audit and Supervisory Committee and Internal Control Audit Office following the transition to a company with an Audit and Supervisory Committee. This reconfirms the post-transition structure rather than introducing a new institutional change. - FY2025ReframedAnnual report
「Pursuant to a resolution of the 73rd Annual General Meeting of Shareholders held on 27 June 2025, the Company changed from a company with a board of corporate auditors to a company with an audit and supervisory committee.」
The Company changed from a company with a board of corporate auditors to a company with an audit and supervisory committee, stating that the change would strengthen the Board of Directors' supervisory function and accelerate decision-making by delegating decisions on business execution. As of the filing date, there are 5 outside directors, 3 of whom are audit and supervisory committee members. - FY2024AdvancedAnnual report
「The Company has established a Nomination and Compensation Committee and a Sustainability Promotion Committee as advisory bodies to the Board of Directors.」
In addition to a structure comprising 3 outside directors and 3 outside corporate auditors, the Company established the Nomination and Compensation Committee and Sustainability Promotion Committee as advisory bodies to the Board of Directors. - FY2023AdvancedAnnual report
「The Company's corporate governance structure is based on a corporate auditor system. It has 8 directors, including 3 outside directors, and 3 corporate auditors, all of whom are outside corporate auditors.」
The number of outside directors increased from 2 in the previous disclosure to 3. The Company maintained 3 outside corporate auditors and disclosed a 3-member Internal Control Audit Office. - FY2021RestatedAnnual report
「The Company has adopted a corporate auditor system. It has 8 directors, including 2 outside directors, and 3 corporate auditors, all of whom are outside corporate auditors.」
Reconfirms an oversight structure comprising 8 directors, including 2 outside directors, and 3 corporate auditors, all of whom are outside corporate auditors. The Internal Control Audit Office has 4 members. - FY2019Changes in the composition of directors and corporate auditorsAnnual report
「The Company has adopted a corporate auditor system. It has 8 directors, including 2 outside directors, and 3 corporate auditors, all of whom are outside corporate auditors.」
The composition changed from 7 directors, including 2 outside directors, and 4 corporate auditors, including 3 outside corporate auditors, in the previous fiscal year to 8 directors and 3 corporate auditors. The numbers of outside directors and outside corporate auditors remained at 2 and 3, respectively. - FY2018AdvancedAnnual report
「The Company has adopted a corporate auditor system. It has 7 directors, including 2 outside directors, and 4 corporate auditors, including 3 outside corporate auditors.」
Describes an oversight structure comprising 2 outside directors among 7 directors and 3 outside corporate auditors among 4 corporate auditors, representing an expansion of the corporate auditor structure from the previous year's disclosure. - FY2017AdvancedAnnual report
「The Company has adopted a corporate auditor system. It has 5 directors, including 2 outside directors, and 3 corporate auditors, including 2 outside corporate auditors.」
Describes an oversight structure comprising 2 outside directors and 2 outside corporate auditors, expanded from the previous 1 outside director. - FY2016First statedAnnual report
「The Company has established an Internal Control Audit Office that is independent of the organization and reports directly to the Representative Director. Based on an annual audit plan, the office audits operations across all departments.」
Has established an oversight and audit framework involving 1 outside director, 2 outside corporate auditors, the Internal Control Audit Office, corporate auditors and the accounting auditor.