Faster Decision-Making and Oversight Through the Separation of Management and Execution
First written in FY2016. 4 of 11 entries say "Advanced", first in FY2025. Latest entry: 2026-06-30.
107 other companies' latest entry also says "Restated".
- FY2026AdvancedAnnual report
「The delegation of authority was decided after sufficient discussion at the time of the transition to a company with an Audit and Supervisory Committee, and authority has been appropriately delegated. As a result of this appropriate delegation, we have been able to accelerate management decision-making and secure sufficient time to deliberate important proposals.」
The Board effectiveness evaluation confirmed that delegation of authority following the transition to a company with an Audit and Supervisory Committee had accelerated management decision-making and secured sufficient time to deliberate important proposals. - FY2025AdvancedAnnual report
「Following the transition to a company with an Audit and Supervisory Committee, we have delegated authority from the Board of Directors to directors responsible for business execution. To allow the Board to devote more time to deliberating more important proposals, we finalize the Board's annual schedule and regular agenda items at the beginning of each fiscal year, work to level out the number of proposals and the time spent on them, and seek to operate efficiently by combining related items among multiple reports into a single agenda item.」
Following the transition to a company with an Audit and Supervisory Committee, we implemented delegation of authority, consolidation and organization of agenda items, and annual schedule management to improve the efficiency of the Board's oversight and decision-making. - FY2024AchievedAnnual report
「With the approval of the 21st Annual General Meeting of Shareholders held on 18 June 2024, we changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee. This strengthened the Board of Directors' oversight function by making directors serving as Audit and Supervisory Committee members, who audit the execution of directors' duties, members of the Board, while we delegate authority from the Board to directors responsible for business execution and executive officers to accelerate decision-making.」
On 18 June 2024, we changed to a company with an Audit and Supervisory Committee, institutionalizing stronger oversight and the delegation of authority for business execution. - FY2023Considering a review of the governance framework, including a transition to a company with an Audit and Supervisory CommitteeAnnual report
「We are considering a review of the governance framework, including a transition to a company with an Audit and Supervisory Committee, in order to strengthen the Board of Directors' oversight function and delegate authority from the Board to directors responsible for business execution, thereby enabling transparent, fair, rapid and decisive decision-making and further enhancing corporate value under the next medium-term management plan.」
In addition to a framework based on the separation of management and execution, we are considering a review of the governance framework, including a transition to a company with an Audit and Supervisory Committee. - FY2016First statedAnnual report
「We have introduced an executive officer system to clarify authority and responsibility and accelerate business execution by separating management decision-making from business execution.」
Shows a management framework combining the Board of Directors, Management Meeting, Investment and Finance Deliberation Committee, Personnel Deliberation Committee and internal committees.