Examples of Outside Company in a sentence
Of the four Company Auditors, three are Outside Company Auditors.
The Board of Company Auditors consists of four Company Auditors, including three Outside Company Auditors.
Outside Company does not mean a Subsidiary, a listed company, a financial services company or any entity registered outside the United Kingdom, the Channel Islands or the Isle of Man.
Although the Company does not have specific standards or policies regarding the independence of Outside Directors and Outside Company Auditors from the Company in designating such Outside Directors and/or Outside Company Auditors, the Company designates them with reference to the standards regarding the independency of independent directors/auditors stipulated by the Tokyo Stock Exchange.
The reason for adopting the aforementioned corporate governance structure is to establish a system in which the function of external surveillance on the management is more effectively fulfilled because objective and neutral surveillance of the management is conducted, and the fairness, soundness, and transparency of the management are ensured due to the implementation of audit by Outside Company Auditors.
In addition, of the three Full-time Company Auditors, two are Outside Company Auditors.
The Company has concluded a limited liability agreement with each Outside Company Auditor, which limits the liability for damage under Article 423, Paragraph 1, of the Companies Act to the extent of the amount stipulated in the law, in accordance with the provision of Article 427, Paragraph 1, of the Act.
As the said Liability Limitation Agreement will terminate upon the expiration of his current term of office as an Outside Company Auditor, a new Liability Limitation Agreement providing the same is scheduled to be entered into after his assumption of the office of Outside Company Auditor.
In addition, of the two Full-time Company Auditors, one is Outside Company Auditor.
Name of Outside Company AuditorRelations with the Company Shinichi Yasuda- No special interests in the Company- He has built considerable experience and knowledge through years of duties at Meiji Yasuda Life Insurance Company.