Updated on August 29, 2019
During the ﬁscal year ended March 31, 2019, the Board convened nine times. The Nominating Committee met ﬁve times, the Audit Committee met six times and the Compensation Committee met five times. All 11 outside Directors, including Takaaki Nimura who retired in June 2018, participated in all meetings of the Board held the during their tenure period in the ﬁscal year ended March 31, 2019. Also, all outside Directors who are members of Committees participated in all of the meetings of each Committee held during the ﬁscal year ended March 31, 2019.
Mr. Nicholas Donatiello, Jr. passed away on June 27, 2018, and, accordingly, has not participated in the Board meetings and the Compensation Committee meetings held on and after such date.