Strengthening Oversight through the Executive Officer System and Outside Directors
First written in FY2016. 4 of 9 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2024.
35 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Board of Directors consists of 8 members, including 3 outside directors, and at least one-third of the company's directors are independent outside directors registered with the Tokyo Stock Exchange.」
The company is reaffirming its oversight structure comprising 8 directors, 3 outside directors and independent outside directors accounting for at least one-third of the directors. - FY2022AdvancedAnnual report
「The Board of Directors consists of 8 members, including 3 outside directors, and at least one-third of the company's directors are independent outside directors registered with the Tokyo Stock Exchange.」
The Board of Directors changed from the 9 members stated previously to 8, comprising 3 outside directors, with independent outside directors accounting for at least one-third of the directors. A Sustainability Committee was also added as a governance body. - FY2021AdvancedAnnual report
「The Board of Directors consists of 9 members, including 3 outside directors, and one-third of the company's directors are independent outside directors registered with the Tokyo Stock Exchange.」
The number of Board members changed from 11 to 9, with 3 outside directors and one-third of the directors being independent outside directors. Oversight by the Nominating and Compensation Advisory Committees, the Board of Independent Outside Directors and the executive officers is also continuing. - FY2020RestatedAnnual report
「The company has chosen to be a company with a board of company auditors. As the principal bodies of its corporate governance structure, it has established the Board of Directors, the Board of Company Auditors and an accounting auditor, as well as a Management Strategy Meeting, 2 advisory committees and a Board of Independent Outside Directors to complement the Board of Directors. The Board of Directors consists of 11 members, including 3 outside directors.」
The company is reaffirming its oversight structure, including its executive officer system, 3 outside directors, a Board of Independent Outside Directors, and Nominating and Compensation Advisory Committees. - FY2019AdvancedAnnual report
「The Board of Directors consists of 11 members, including 3 outside directors.」
The company states that it maintains an oversight structure involving its executive officer system and outside officers, with the Board of Directors comprising 11 members. It has also established a Nominating Advisory Committee, a Compensation Advisory Committee and a Board of Independent Outside Directors. - FY2018RestatedAnnual report
「The Board of Directors consists of 10 members, including 3 outside directors. To separate management decision-making and oversight from business execution, we introduced an executive officer system that clarifies executive officers’ responsibility for business execution and promotes more efficient organizational management and faster decision-making.」
The company is reaffirming its structure, which combines an executive officer system with outside directors to separate decision-making and oversight from business execution. - FY2017-Q3RestatedAnnual report
「Under these circumstances, the company continued to earnestly implement various improvements and initiatives, including developing the working environment, pursuing employee well-being, strengthening its governance structure through the appointment of external personnel, and creating customer satisfaction, and the results have begun to emerge.」
We state that we have continued to strengthen our governance structure through the appointment of outside personnel, but do not indicate any changes to the new composition of the Board of Directors. - FY2017-Q1AdvancedAnnual report
「To strengthen our governance structure, we appointed 2 outside officers as executive directors. Of the 10 directors, 5, or half, are from outside the Company, and including outside audit & supervisory board members, 8 of the 13 members of the Board of Directors are from outside the Company.」
We appointed 2 outside officers as executive directors and disclosed the specific number of Board members from outside the Company. - FY2016First statedAnnual report
「The Board of Directors consists of 10 members, including 3 outside directors. To separate management decision-making and oversight from business execution, we introduced an executive officer system that clarifies executive officers’ responsibility for business execution and promotes more efficient organizational management and faster decision-making.」
We combine an executive officer system, 3 outside directors, a nomination and compensation advisory committee, and a board composed of independent outside directors.