Transition to a Company with an Audit and Supervisory Committee and Expediting Management Decision-Making
First written in FY2016-Q2. 15 of 21 entries say "Restated". Latest entry: FY2026-H1.
84 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「In addition, with the aim of further strengthening its governance structure, the company has adopted the company-with-an-Audit-and-Supervisory-Committee structure. The company has also adopted an executive officer system to separate decision-making and management oversight functions from business execution functions. By delegating some decisions on important business execution to directors, it is enhancing Board deliberations on matters of particular importance while accelerating management decision-making by the management team on other matters.」
The company has reaffirmed the company-with-an-Audit-and-Supervisory-Committee structure, the executive officer system, and the strengthening of supervisory functions and acceleration of management decision-making through partial delegation of business execution authority. - FY2024AdvancedAnnual report
「The current Board consists of 9 directors, 7 of whom are outside directors.」
The company has disclosed its current Board composition, under which 7 of the 9 directors are outside directors, in addition to the existing structure comprising a company with an Audit and Supervisory Committee, an executive officer system, and rapid decision-making through the delegation of business execution authority. - FY2024-Q1RestatedAnnual report
「In addition, with the aim of further strengthening its governance structure, the company has adopted the company-with-an-Audit-and-Supervisory-Committee structure. The company has also adopted an executive officer system to separate decision-making and management oversight functions from business execution functions. By delegating some decisions on important business execution to directors, it is enhancing Board deliberations on matters of particular importance while accelerating management decision-making by the management team on other matters.」
The company has reaffirmed the company-with-an-Audit-and-Supervisory-Committee structure, the executive officer system, and the strengthening of supervisory functions and acceleration of management decision-making through partial delegation of business execution authority. - FY2023-Q3RestatedAnnual report
「In addition, with the aim of further strengthening its governance structure, the company has adopted the company-with-an-Audit-and-Supervisory-Committee structure. The company has also adopted an executive officer system to separate decision-making and management oversight functions from business execution functions. By delegating some decisions on important business execution to directors, it is enhancing Board deliberations on matters of particular importance while accelerating management decision-making by the management team on other matters.」
The company has reaffirmed the company-with-an-Audit-and-Supervisory-Committee structure, the executive officer system, and the strengthening of supervisory functions and acceleration of management decision-making through partial delegation of business execution authority. - FY2022-Q2RestatedAnnual report
「In addition, with the aim of further strengthening its governance structure, the company has adopted the company-with-an-Audit-and-Supervisory-Committee structure. The company has also adopted an executive officer system to separate decision-making and management oversight functions from business execution functions. By delegating some decisions on important business execution to directors, it is enhancing Board deliberations on matters of particular importance while accelerating management decision-making by the management team on other matters.」
The company has reaffirmed the company-with-an-Audit-and-Supervisory-Committee structure, the executive officer system, and the strengthening of supervisory functions and acceleration of management decision-making through partial delegation of business execution authority. - FY2021-Q3RestatedAnnual report
「In addition, with the aim of further strengthening its governance structure, the company has adopted the company-with-an-Audit-and-Supervisory-Committee structure. The company has also adopted an executive officer system to separate decision-making and management oversight functions from business execution functions. By delegating some decisions on important business execution to directors, it is enhancing Board deliberations on matters of particular importance while accelerating management decision-making by the management team on other matters.」
The company has reaffirmed the company-with-an-Audit-and-Supervisory-Committee structure, the executive officer system, and the strengthening of supervisory functions and acceleration of management decision-making through partial delegation of business execution authority. - FY2021-Q2RestatedAnnual report
「In addition, with the aim of further strengthening its governance structure, the company has adopted the company-with-an-Audit-and-Supervisory-Committee structure. The company has also adopted an executive officer system to separate decision-making and management oversight functions from business execution functions. By delegating some decisions on important business execution to directors, it is enhancing Board deliberations on matters of particular importance while accelerating management decision-making by the management team on other matters.」
The company has reaffirmed the company-with-an-Audit-and-Supervisory-Committee structure, the executive officer system, and the strengthening of supervisory functions and acceleration of management decision-making through partial delegation of business execution authority. - FY2021-Q1RestatedAnnual report
「In addition, with the aim of further strengthening its governance structure, the company has adopted the company-with-an-Audit-and-Supervisory-Committee structure. The company has also adopted an executive officer system to separate decision-making and management oversight functions from business execution functions. By delegating some decisions on important business execution to directors, it is enhancing Board deliberations on matters of particular importance while accelerating management decision-making by the management team on other matters.」
The company has reaffirmed the company-with-an-Audit-and-Supervisory-Committee structure, the executive officer system, and the strengthening of supervisory functions and acceleration of management decision-making through partial delegation of business execution authority. - FY2019-Q2RestatedAnnual report
「In addition, with the aim of further strengthening its governance structure, the company has adopted the company-with-an-Audit-and-Supervisory-Committee structure.」
Under the company-with-an-Audit-and-Supervisory-Committee structure, the company has reaffirmed a structure designed to enhance Board deliberations through the delegation of authority over important business execution and accelerate management decision-making. - FY2019-Q1AdvancedAnnual report
「The company then transitioned to a Board structure comprising directors with diverse business experience, with enhanced independence and diversity to strengthen governance, following the appointment of a new representative director. As a result, only 2 of the 9 directors are executive directors, there are 4 independent officers, and the Audit and Supervisory Committee consists entirely of outside directors.」
Under the company-with-an-Audit-and-Supervisory-Committee structure, the Board has evolved into a specific composition comprising a new representative director, 2 executive directors out of 9 directors, 4 independent officers, and an Audit and Supervisory Committee consisting solely of outside directors. - FY2018AdvancedAnnual report
「In addition, to build an efficient structure capable of responding quickly and flexibly to changes in the environment, the company changed its organisational structure and executive structure effective 1 February, reducing the number of executive officers from 33 to 18.」
In addition to accelerating management decision-making under the company-with-an-Audit-and-Supervisory-Committee structure, the company reduced the number of executive officers from 33 to 18 through its organisational restructuring in February 2019. - FY2018-Q2RestatedAnnual report
「In addition, with the aim of further strengthening its governance structure, the company transitioned to a company with an Audit and Supervisory Committee following approval at the 58th Annual General Meeting of Shareholders held on 23 March 2016.」
On the assumption that the company would transition to a company with an Audit and Supervisory Committee, it has reiterated a structure designed to enhance Board deliberations through the delegation of authority over important business execution and accelerate management decision-making. - FY2017RestatedAnnual report
「With the aim of further strengthening its governance structure, the Company transitioned to a company with an Audit and Supervisory Committee following approval at the 58th Annual General Meeting of Shareholders held on 23 March 2016.」
The company continues to maintain a structure designed to facilitate the transition to a company with an Audit and Supervisory Committee, enhance deliberation of important matters, and accelerate management decision-making. - FY2017-Q3RestatedAnnual report
「With the aim of further strengthening its governance structure, the Company transitioned to a company with an Audit and Supervisory Committee following approval at the 58th Annual General Meeting of Shareholders held on 23 March 2016.」
The note reiterates the completed transition to a company with an Audit and Supervisory Committee and the governance structure based on that system. - FY2017-Q2RestatedAnnual report
「In addition, with the aim of further strengthening its governance structure, the Company transitioned to a company with an Audit and Supervisory Committee following approval at the 58th Annual General Meeting of Shareholders held on 23 March 2016. The Company reformed the Board of Directors and introduced an executive officer system in March 1999 to separate decision-making and management control functions from business execution functions. In connection with this transition, Article 26 of the Company’s Articles of Incorporation provides that “the Board of Directors may, by resolution, delegate all or part of the decision-making on important business execution matters to directors pursuant to the provisions of Article 399-13, Paragraph 6 of the Companies Act, excluding the matters listed in the items of Paragraph 5 of that Article.” By delegating some important business execution matters to directors following a resolution of the Board of Directors, the Company is enhancing deliberations on matters of particular importance at Board meetings while also accelerating management decision-making by the management team, including the Representative Directors, on other matters.」
The note reiterates the transition to a company with an Audit and Supervisory Committee, the delegation of important business execution matters, enhanced Board of Directors deliberations and faster management decision-making. - FY2017-Q1RestatedAnnual report
「In addition, with the aim of further strengthening its governance structure, the Company transitioned to a company with an Audit and Supervisory Committee following approval at the 58th Annual General Meeting of Shareholders held on 23 March 2016.」
The note reiterates the completed transition to a company with an Audit and Supervisory Committee and the structure for enhancing deliberations and accelerating management decision-making through the delegation of important business execution matters. - FY2016RestatedAnnual report
「With the aim of further strengthening its governance structure, the Company transitioned to a company with an Audit and Supervisory Committee following approval at the 58th Annual General Meeting of Shareholders held on 23 March 2016.」
The note reiterates the completion of the transition to a company with an Audit and Supervisory Committee and the enhancement of deliberations and acceleration of management decision-making through the delegation of important business execution matters. - FY2016-Q3RestatedAnnual report
「In addition, with the aim of further strengthening its governance structure, the Company transitioned to a company with an Audit and Supervisory Committee following approval at the 58th Annual General Meeting of Shareholders held on 23 March 2016.」
The note reiterates the completion of the transition to a company with an Audit and Supervisory Committee and the enhancement of deliberations and acceleration of management decision-making through the delegation of important business execution matters. - FY2016-Q2AchievedAnnual report
「With the aim of further strengthening its governance structure, the Company transitioned to a company with an Audit and Supervisory Committee following approval at the 58th Annual General Meeting of Shareholders held on 23 March 2016.」
Following approval at the shareholders’ meeting on 23 March 2016, the Company completed its transition to a company with an Audit and Supervisory Committee. It has delegated some important business execution matters to directors to enhance deliberations by the Board of Directors and accelerate management decision-making.