Strengthening oversight and decision-making through the transition to a company with an Audit and Supervisory Committee
First written in FY2020. 3 of 4 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「Following approval at the 109th Annual General Meeting of Shareholders held on 27 May 2020 of amendments to the Articles of Incorporation providing for the transition to a company with an Audit and Supervisory Committee, the Company transitioned from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee.」
The Company continues to describe its transition to a company with an Audit and Supervisory Committee and the strengthening of its oversight and decision-making functions. - FY2021-Q2RestatedAnnual report
「In addition, the Company has 4 outside directors who are independent officers, 2 of whom are outside directors serving as Audit and Supervisory Committee members, to strengthen the Board of Directors' oversight function.」
The Company reconfirms its structure of 4 outside directors following the transition to a company with an Audit and Supervisory Committee, including 2 outside directors who are Audit and Supervisory Committee members. - FY2021-Q1RestatedAnnual report
「In addition, the Company has 4 outside directors who are independent officers, 2 of whom are outside directors serving as Audit and Supervisory Committee members, to strengthen the Board of Directors' oversight function.」
The Company reconfirms its structure of 4 outside directors following the transition to a company with an Audit and Supervisory Committee, including 2 outside directors who are Audit and Supervisory Committee members. - FY2020AchievedAnnual report
「Following approval at the 109th Annual General Meeting of Shareholders held on 27 May 2020 of amendments to the Articles of Incorporation providing for the transition to a company with an Audit and Supervisory Committee, the Company transitioned from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee. There are 8 directors, excluding directors who are Audit and Supervisory Committee members, of whom 2 are outside directors, and 3 directors who are Audit and Supervisory Committee members, of whom 2 are outside directors.」
Following the resolution at the Annual General Meeting of Shareholders on 27 May 2020, the Company completed its transition to a company with an Audit and Supervisory Committee. 2 of the 3 Audit and Supervisory Committee members are outside directors.