Effectiveness evaluation
In order to improve the effectiveness of the Board of Directors, an evaluation of all directors except the CEO has been conducted using a questionnaire method every year since FY2016. A third-party organization has conducted the questionnaire survey and analyzed the responses since FY2022.
The results of their evaluation are reported to the Board of Directors, whose members share the issues identified and continuously strive to make improvements.
■Results of effectiveness evaluation in FY2025
IDEC’s Board of Directors was evaluated highly for its diverse membership, which enables it to hold discussions while receiving highly specialized opinions and advice. In terms of FY2025 initiatives, the Board was evaluated positively for improvements in deliberation time and timing of document provision.
At the same time, evaluations of the Board declined due to insufficient discussions on profitability, capital efficiency, and human resources development in its management plan, resulting in an overall evaluation similar to that of the previous year.
Outline of the effectiveness evaluation in FY2025
| Target members | All directors except the CEO |
| Evaluation method | Anonymous 5-point questionnaire |
| Number of questions | 40 |
| Survey period | February 2025 |
| Response status | All targets answered |
| Questionnaire evaluation items | ・Roles and responsibilities of the Board of Directors ・Size and composition of the Board of Directors ・Succession plan ・Design and operation of organizations such as the Board of Directors ・Relationship and dialogue with shareholders |
Proactive Engagement by Outside Directors
Outside directors play a professional and independent role in various ways. At the Board of Directors, they express candid opinions based on their high level of expertise and management experience, and participate in the discussion from an independent standpoint. They are also actively involved in the growth of the Company’s business, including the holding of individual sessions with a responsible department or departments concerning a business issue or subject, and lectures and interviews in the curriculum for next-generation training.