Concentration of Group Oversight and Management at the Holding Company and Allocation of Roles with Operating Companies
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2024.
36 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The company seeks to strengthen corporate governance across the group by centralising overall group management at the holding company. It has also separated the group's strategic planning, management control and business execution functions to speed up decision-making and clarify the roles and responsibilities of the holding company and operating companies」
The company continues to use centralised management by the holding company and the separation of strategic planning, management control and business execution as its basic governance structure. - FY2020RestatedAnnual report
「The company seeks to strengthen corporate governance across the group by centralising overall group management at the holding company. It has also separated the group's strategic planning, management control and business execution functions to speed up decision-making and clarify the roles and responsibilities of the holding company and operating companies」
Centralised management by the holding company and the separation of strategic planning, management control and business execution remain the basic governance structure. - FY2019AdvancedAnnual report
「At an extraordinary Board of Directors meeting held on 24 June 2019, the company established a Nominating and Compensation Committee, a voluntary advisory committee concerning the nomination and compensation of the company's directors and other officers, and a Compliance Committee to ensure thorough compliance」
In addition to centralised management by the holding company and the division of roles, the company established a Nominating and Compensation Committee and a Compliance Committee, adding governance functions. - FY2017First statedAnnual report
「The company seeks to strengthen corporate governance across the group by centralising overall group management at the holding company. It has also established a framework to ensure management efficiency, transparency, soundness and compliance by separating the group's strategic planning, management control and business execution functions, thereby speeding up decision-making and clarifying the roles and responsibilities of the holding company and operating companies.」
The holding company structure provides a governance framework that allocates responsibility for group oversight, strategic planning, management control and business execution.