Governance
Corporate Governance
Board composition
| Unit | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | ||
|---|---|---|---|---|---|---|---|---|
| Outside Director | Female | Persons | 2 | 2 | 2 | 2 | 2 | 2 |
| Male | Persons | 3 | 3 | 3 | 4 | 4 | 4 | |
| S. Total | Persons | 5 | 5 | 5 | 6 | 6 | 6 | |
| Inside Director | Female | Persons | 0 | 0 | 0 | 0 | 0 | 0 |
| Male | Persons | 7 | 6 | 5 | 4 | 5 | 5 | |
| S. Total | Persons | 7 | 6 | 5 | 4 | 5 | 5 | |
| Total | Female | Persons | 2 | 2 | 2 | 2 | 2 | 2 |
| Male | Persons | 10 | 9 | 8 | 8 | 9 | 9 | |
| S. Total | Persons | 12 | 11 | 10 | 10 | 11 | 11 |
*As of the end of June each year.
Number of meetings of the board of directors and other committees
| Board of Directors | Audit & Supervisory Committee | Compliance Committee |
Director Nomination Committee | Director Compensation Committee | |
|---|---|---|---|---|---|
| FY2024 | 13 | 16 | 2 | 13 | 7 |
| From April to the June 2025 general shareholders’ meeting | 2 | 5 | 1 | 2 | 3 |
Number of meetings directors attended (FY2024)
(): Attendance rate
| Name of Director | Title | Role | Board of Directors | Audit & Supervisory Committee |
Compliance Committee |
Director Nomination Committee |
Director Compensation Committee |
|---|---|---|---|---|---|---|---|
| Minoru Usui 1 | Chairman and Director | Chairman of the Board of Directors 1 | 3 （100％） |
- | - | - | - |
| Yasunori Ogawa | President and Representative Director | Chairman of the Board of Directors 3 | 13 （100％） |
- | - | 13 （100％） |
7 (100%) |
| Tatsuaki Seki 1 | Director | 3 （100％） |
- | - | - | - | |
| Eiichi Abe 2 | Representative Director, Executive Officer | 10 （100％） |
- | - | - | - | |
| Junkichi Yoshida 2 | Director, Executive Officer | 10 （100％） |
- | - | - | - | |
| Yasunori Yoshino 2 | Director, Executive Officer | 10 （100％） |
- | - | - | - | |
| Mari Matsunaga 1 | Outside Director | 3 （100％） |
- | 1 （100％） |
3 （100％） |
3 （100％） |
|
| Tadashi Shimamoto | Outside Director | Director Nomination Committee Chair 4 | 13 （100％） |
- | 2 （100％） |
13 （100％） |
7 (100%) |
| Masaki Yamauchi | Outside Director | Director Compensation Committee Chair 5 | 13 （100％） |
- | 1 (50%) |
13 （100％） |
7 (100%) |
| Kahori Miyake 2 | Outside Director | 10 （100％） |
- | 1 （100％） |
10 （100％） |
3 （100％） |
|
| Masayuki Kawana | Director, Full-Time Audit & Supervisory Committee Member | Audit & Supervisory Committee Chair Compliance Committee Chair |
13 （100％） |
16 (100%) |
2 （100％） |
13 as an observer 13 |
7 as an observer |
| Yoshio Shirai 1 |
Outside Director, Audit & Supervisory Committee Member |
Director Nomination Committee Chair 1 Director Compensation Committee Chair 1 |
3 （100％） |
5 （100％） |
1 （100％） |
3 （100％） |
4 （100％） |
| Susumu Murakoshi |
Outside Director, Audit & Supervisory Committee Member |
13 （100％） |
16 (100%) |
2 （100％） |
13 （100％） |
7 (100%) |
|
| Michiko Ohtsuka |
Outside Director, Audit & Supervisory Committee Member |
13 （100％） |
16 (100%) |
2 （100％） |
13 （100％） |
7 (100%) |
|
| Akira Marumoto 2 |
Outside Director, Audit & Supervisory Committee Member |
10 （100％） |
11 (100%) |
1 （100％） |
10 （100％） |
3 （100％） |
1 Retired at the Ordinary General Meeting of Shareholders on June 25, 2024
2 Appointed at the Ordinary General Meeting of Shareholders on June 25, 2024
3 Assumed the position of Chairman of the Board of Directors on June 25, 2024
4 Assumed the position of Chair of the Director Nomination Committee on June 25, 2024
5 Assumed the position of Chair of the Director Compensation Committee on June 25, 2024
Number of meetings directors attended (the period from April to the June 2025 general shareholders’ meeting）
(): Attendance rate
| Name of Director | Title | Role | Board of Directors | Audit & Supervisory Committee |
Compliance Committee |
Director Nomination Committee |
Director Compensation Committee |
|---|---|---|---|---|---|---|---|
| Yasunori Ogawa | Chairman and Director | Chairman of the Board of Directors | 2 （100％） |
- | - | - | - |
| Junkichi Yoshida | President and Representative Director | 2 （100％） |
- | - | 2 （100％） |
3 （100％） |
|
| Yasunori Yoshino | Director, Executive Officer | 2 （100％） |
- | - | - | - | |
| Eiichi Abe 1 | Director | 2 （100％） |
- | - | - | - | |
| Tadashi Shimamoto | Outside Director | Director Nomination Committee Chair | 2 （100％） |
- | 1 （100％） |
2 （100％） |
3 （100％） |
| Masaki Yamauchi | Outside Director | Director Compensation Committee Chair | 2 （100％） |
- | 1 （100％） |
2 （100％） |
3 （100％） |
| Kahori Miyake | Outside Director | 2 （100％） |
- | 1 （100％） |
2 （100％） |
3 （100％） |
|
| Masayuki Kawana | Director, Full-Time Audit & Supervisory Committee Member |
Audit & Supervisory Committee Chair Compliance Committee Chair |
2 （100％） |
5 （100％） |
1 （100％） |
2 as an observer |
3 as an observer |
| Susumu Murakoshi |
Outside Director, Audit & Supervisory Committee Member |
2 （100％） |
5 （100％） |
1 （100％） |
2 （100％） |
3 （100％） |
|
| Michiko Ohtsuka |
Outside Director, Audit & Supervisory Committee Member |
2 （100％） |
5 （100％） |
1 （100％） |
2 （100％） |
3 （100％） |
|
| Akira Marumoto |
Outside Director, Audit & Supervisory Committee Member |
2 （100％） |
5 （100％） |
1 （100％） |
2 （100％） |
3 （100％） |
1 Retired at the Ordinary General Meeting of Shareholders on June 25, 2024
Membership of each meeting body (as of the end of June, 2025)
| Name of Director | Title | Board of Directors | Audit & Supervisory Committee | Compliance Committee |
Director Nomination Committee |
Director Compensation Committee |
|---|---|---|---|---|---|---|
| Yasunori Ogawa | Chairman and Director | Chairman | - | - | - | - |
|
Junkichi Yoshida |
President and Representative Director | Member | - | - | Member | Member |
| Yasunori Yoshino | Director, Executive Officer | Member | - | - | - | - |
| Akihiro Fukaishi | Director, Executive Officer | Member | - | - | - | - |
| Tadashi Shimamoto | Outside Director | Member | - | Member | Chair | Member |
| Masaki Yamauchi | Outside Director | Member | - | Member | Member | Chair |
| Kahori Miyake | Outside Director | Member | - | Member | Member | Member |
| Masayuki Kawana | Director, Full-Time Audit & Supervisory Committee Member |
Member | Chair | Chair | (Observer) | (Observer) |
| Susumu Murakoshi |
Outside Director, Audit & Supervisory Committee Member |
Member | Member | Member | Member | Member |
| Michiko Ohtsuka |
Outside Director, Audit & Supervisory Committee Member |
Member | Member | Member | Member | Member |
| Akira Marumoto |
Outside Director, Audit & Supervisory Committee Member |
Member | Member | Member | Member | Member |
Composition of each meeting body (as of the end of June, 2025)
| Meeting Bodies | Board of Directors | Audit & Supervisory Committee | Compliance Committee | Director Nomination Committee | Director Compensation Committee | |
|---|---|---|---|---|---|---|
| Members | 11 | 4 | 7 | 7 | 7 | |
| Breakdown 1 | Outside Director | 6 | 3 | 6 | 6 | 6 |
| Inside Director | 5 | 1 | 1 | 1 | 1 | |
| Others (inside) | - | - | - | - | - | |
| Breakdown 2 | Female | 2 | 1 | 2 | 2 | 2 |
| Male | 9 | 3 | 5 | 5 | 5 | |