Division of Decision-Making and Business Execution Between the Board of Directors and the Management Committee
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2022: 7 of 60 companies on the "Worse" side.
66 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The company reviewed the structure of the Management Committee, giving it the function of a decision-making body for business execution in addition to its previous functions as a body for consultation, communication and advice concerning business execution, thereby accelerating decision-making.」
The company continues its structure for accelerating decision-making by giving the Management Committee decision-making authority and dividing roles with the Board of Directors. - FY2020-Q3RestatedAnnual report
「From April 2019, the company reviewed the structure of the Management Committee, giving it the function of a decision-making body for business execution in addition to its previous functions as a body for consultation, communication and advice concerning business execution, thereby accelerating decision-making. The Board of Directors serves as the highest decision-making body for management and performs an independent function, and the company will continue to maintain a structure for strengthening corporate governance.」
The company continues to explain the structure established from April 2019, under which the Management Committee has decision-making authority, together with the division of roles between it and the Board of Directors. - FY2020-Q2RestatedAnnual report
「From April 2019, the company reviewed the structure of the Management Committee, giving it the function of a decision-making body for business execution in addition to its previous functions as a body for consultation, communication and advice concerning business execution, thereby accelerating decision-making. The Board of Directors serves as the highest decision-making body for management and performs an independent function, and the company will continue to maintain a structure for strengthening corporate governance.」
The company continues to explain the structure established from April 2019, under which the Management Committee has decision-making authority, together with the division of roles between it and the Board of Directors. - FY2020-Q1AdvancedAnnual report
「From April 2019, the company reviewed the structure of the Management Committee, giving it the function of a decision-making body for business execution in addition to its previous functions as a body for consultation, communication and advice concerning business execution, thereby accelerating decision-making.」
From April 2019, the Management Committee was given decision-making authority for business execution, and the company has developed a structure to accelerate decision-making through a division of roles with the Board of Directors and executive officers. - FY2018RestatedAnnual report
「The Board of Directors serves as the highest decision-making body for management, while the Management Committee serves as a body for consultation, communication and advice concerning business execution. Each performs an independent function, and the company will continue to maintain a structure for strengthening corporate governance.」
The company continues the division of functions between the Board of Directors and the Management Committee. - FY2017RestatedAnnual report
「The Board of Directors serves as the highest decision-making body for management, while the Management Committee serves as a body for consultation, communication and advice concerning business execution. Each performs an independent function, and the company will continue to maintain a structure for strengthening corporate governance.」
The company continues the division of functions between the Board of Directors and the Management Committee. - FY2016First statedAnnual report
「The Board of Directors serves as the highest decision-making body for management, while the Management Committee serves as a body for consultation, communication and advice concerning business execution. Each performs an independent function, and the company will continue to maintain a structure for strengthening corporate governance.」
As a company with a board of corporate auditors, the company describes the division of roles between the Board of Directors and the Management Committee.