Skip to Main Contents

Status of Outside Directors and Outside Audit & Supervisory Board Members

The following specifies our Outside Directors and Outside Audit & Supervisory Board Members.

Status of Outside Directors and Outside Audit & Supervisory Board Members

The Company had four (4) Outside Directors and two (2) Outside Audit & Supervisory Board Members.

Outside Directors shall be individuals who have experience in global corporate management, professional insight in management, and knowledge of the industry among others.

Outside Audit & Supervisory Board Members shall be individuals who have sufficient insight in areas such as accounting, legal affairs and management administration.

To evaluate the independence and objectivity of Outside Directors and Outside Audit & Supervisory Board Members, the Company has formulated “Standards for Selecting Independent Outside Officers,” based on the standards established by the Tokyo Stock Exchange, Inc. for judging the independence of outside directors / audit & supervisory board members.

Summary of "Standards for Selecting Independent Outside Directors / Audit & Supervisory Board Members"
I. Independent Outside Directors / Audit & Supervisory Board Members may not be:

 1. Employees or former employees of the company
 2. Major shareholders
 3. Individuals in a “major customer” relationship with our corporate group
 4. Individuals from companies that have accepted a director from Yamaha Motor Group
 5. Individuals with some other type of vested interest in the Group
 6. Individuals who might have a conflict of interest with our general shareholders
 7. In office more than 8 years

Moreover, Independent Outside Directors / Audit & Supervisory board members may not have individuals who are second-degree relatives, or cohabiting relatives, of any of those mentioned above in 1 through 5.

II. Individuals, despite being applicable to any of the 2 to 5 above, may be elected as independent outside directors / audit & supervisory board members of the company if they, in view of their personality and insight, are believed suitable as independent outside directors / audit &supervisory board members of the company on the condition that the individuals meet the requirements of an outside director as required under the Companies Act, and that a public disclosure is made to explain the reasons for electing them as independent outside directors / audit &supervisory board members of the company.


As mentioned, the above is a summary of the “Standards for Selecting Independent Outside Officers”
For the full text, please refer to the following page.

Appointment of Outside Directors and Outside Audit & Supervisory Board Members
Positions Names Reasons for appointment Attendance at Board of Directors Meetings for the 86th fiscal year
Outside Directors Takuya
Nakata
Takuya Nakata provides management with advice and supervision as the Director, President and Representative Executive Officer of Yamaha Corporation, and has been elected as an Outside Director to enhance the value of the Yamaha brand name that is used by both companies. Similarly, the Company’s President and Representative Director Yoshihiro Hidaka, concurrently serves as an Outside Director of Yamaha Corporation. Mr. Nakata meets the requirements for independence stipulated by the Tokyo Stock Exchange, Inc. and the “Standards for Selecting Independent Outside Directors / Audit & Supervisory Board Members,” and the Tokyo Stock Exchange, Inc. has been duly notified of his designation as an Independent Outside Director. 13 out of 13
meetings
(100%)
Takehiro
Kamigama
Takehiro Kamigama provides valuable advice and supervision regarding the Company’s management as an Outside Director based on his wide range of insights and his ample experience of management and technology, through his experiences in various managerial positions, including the representative director of a global company. Mr. Kamigama meets the requirements for independence stipulated by the Tokyo Stock Exchange, Inc. and the “Standards for Selecting Independent Outside Directors / Audit & Supervisory Board Members,” and the Tokyo Stock Exchange, Inc. has been duly notified of his designation as an Independent Outside Director. 13 out of 13
meetings
(100%)
Yuko
Tashiro
Yuko Tashiro provides valuable advice and supervision regarding the Company's management based on her wide range of insights and her ample experience of management based on the experiences in various managerial positions, including financial managers and the representative directors of several companies. Ms. Tashiro meets the requirements for independence stipulated by the Tokyo Stock Exchange, Inc. and the “Standards for Selecting Independent Outside Directors / Audit & Supervisory Board Members,” and the Tokyo Stock Exchange, Inc. has been duly notified of her designation as an Independent Outside Director. 13 out of 13
meetings
(100%)
Tetsuji
Ohashi
Tetsuji Ohashi provides valuable advice and supervision regarding the Company's management based on his wide range of insights and his ample experience of management and manufacturing, through his experiences in various managerial positions, including the representative director of a global company. Mr. Ohashi meets the requirements for independence stipulated by the Tokyo Stock Exchange, Inc. and the “Standards for Selecting Independent Outside Directors / Audit & Supervisory Board Members,” and the Tokyo Stock Exchange, Inc. has been duly notified of her designation as an Independent Outside Director. *10 out of 10
meetings
(100%)
Outside Audit & Supervisory Board Members Masatake
Yone
Masatake Yone uses his extensive expertise as an attorney and his ample knowledge and experience as an outside director / audit & supervisory board member at corporations in performing his duty as one of the Company's Audit & Supervisory Board Members (Outside). Mr. Yone meets the requirements for independence stipulated by the Tokyo Stock Exchange, Inc. and the “Standards for Selecting Independent Outside Directors / Audit & Supervisory Board Members,” and the Tokyo Stock Exchange, Inc. has been duly notified of his designation as an Independent Outside Audit & Supervisory Board Member. 13 out of 13
meetings
(100%)
Eriko
Kawai
Eriko Kawai utilizes her ample experience in international companies and institutions as well as her experience and business track records as a manager in performing her duty as the Company’s Audit & Supervisory Board Member (Outside). Ms. Kawai meets the requirements for independence stipulated by the Tokyo Stock Exchange, Inc. and the “Standards for Selecting Independent Outside Directors / Audit & Supervisory Board Members,” and the Tokyo Stock Exchange, Inc. has been duly notified of her designation as an Independent Outside Audit & Supervisory Board Member.

*Attendance after his appointment on March 25, 2020.

Back to
Top