Expediting Decision-Making by Separating Management from Business Execution
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2019.
104 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The Management Policy Meeting consists of 6 members, chaired by the chief operating officer and including directors who also serve as executive officers. In principle, regular Management Policy Meetings are held twice a month, with extraordinary meetings held as necessary, to share issues and problems relating to business execution and accelerate management decision-making.」
The company continues to operate a structure that separates management from execution through the Management Policy Meeting and the executive officer system and enables swift decision-making. - FY2017RestatedAnnual report
「We introduced the executive officer system in July 2001 and seek to strengthen the speed and efficiency of management by separating management from execution. The Management Policy Meeting consists of 6 members: the chief operating officer and directors who also serve as executive officers. In principle, regular Management Policy Meetings are held twice a month, with extraordinary meetings held as necessary, to share issues and problems relating to business execution and accelerate management decision-making.」
The company continues to operate a structure for swift decision-making based on the separation of management and execution, the executive officer system and the Management Policy Meeting. - FY2016First statedAnnual report
「In addition, to strengthen the functions of the Board of Directors, we have separated management from execution, established a Management Policy Meeting as the executive body, and introduced an executive officer system.」
Management and execution are separated through the Management Policy Meeting and the executive officer system, creating a structure that enhances the functions of the Board of Directors and the speed of decision-making.