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Sumitomo Seika Chemicals Company,Limited. (4008) · InitiativeChange in the number of directors and executive officers

Executive Officer System Separating Directors and Executive Officers

First written in FY2017. 1 of 5 entries say "Restated". Latest entry: FY2022.

5entries
6years
0from disclosures
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ProgressHeldSoftenedWorseOtherFY2017 – FY20222017: 120172018: 120182019: 020192020: 120202021: 120212022: 12022
Same theme, other companies
Functional Separation Between the Board of Directors and Executive Officers and Faster Decision-MakingA theme 395 companies write about · 0 as a headwind · 396 as a tailwind

35 other companies' latest entry also says "Other".

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Showing 14 of the 199 companies compared. The sentences above are computed from all 199.Comparing 200 of the theme's 396 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2022Change in the number of directors and executive officersAnnual report

    「As of the date of submission of this report, the current management structure comprises 11 directors, including 4 directors who are Audit and Supervisory Committee members, and 13 executive officers, including 5 who also serve as directors.」

    The number of directors changed from 12 in the previous fiscal year to 11, and the number of executive officers who also serve as directors changed from 6 to 5, while the total number of executive officers is 13.
  2. FY2021Change in the number of directors and executive officersAnnual report

    「As of the date of submission of this report, the current management structure comprises 12 directors, including 4 directors who are Audit and Supervisory Committee members, and 13 executive officers, including 6 who also serve as directors.」

    While the system separating directors and executive officers continues, the number of directors changed from 10 to 12, and the number of executive officers who also serve as directors changed from 7 to 6.
  3. FY2020Change in the number of directors and executive officersAnnual report

    「As of the date of submission of this report, the current management structure comprises 10 directors and 13 executive officers, including 7 who also serve as directors.」

    While the system separating directors and executive officers continues, the numbers changed from 11 directors and 14 executive officers to 10 and 13, respectively.
  4. FY2018RestatedAnnual report

    「The company introduced an executive officer system to strengthen corporate governance by separating directors, who formulate basic company policies, decide strategies and supervise business execution, from executive officers, who focus exclusively on business execution, while also achieving efficient management and enhancing competitiveness.」

    The system separating directors and executive officers continues, with 11 directors and 14 executive officers, including 8 executive officers who also serve as directors.
  5. FY2017First statedAnnual report

    「The company has adopted an executive officer system that separates directors, who formulate basic company policies and decide strategies and supervise business execution, from executive officers, who focus exclusively on business execution.」

    The company has adopted a structure in which directors are responsible for policy and strategy decisions and supervision, while executive officers are responsible for business execution.
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Executive Officer System Separating Directors and Executive Officers | Sumitomo Seika Chemicals Company,Limited. (4008) | Komori