Separation of Management and Business Execution Functions
First written in FY2016. 2 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2026.
20 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Employees to assist the Audit & Supervisory Board Members in their duties were assigned in June 2025 in response to a request to appoint such employees from the standpoint of ensuring the effectiveness of audits.」
In addition to separating management and operational execution functions, the Company assigned employees to assist the Audit & Supervisory Board Members in their duties in June 2025, establishing a concrete framework for effective oversight and audits. - FY2024Updated the record of meetings of the Board of Directors and other bodiesAnnual report
「・All matters were brought before the Board of Directors at its 13 meetings during the fiscal year, and the necessary materials were distributed to all officers.」
The Company continued separating management and operational execution functions through its executive officer system and disclosed that the Board of Directors met 13 times during the fiscal year. - FY2023Updated the record of meetings of the Board of Directors and other bodiesAnnual report
「The Executive Officer Committee and other bodies met 13 times, while the Board of Directors met 14 times. The Company deliberated on each agenda item and report, supervised the execution of operations and related matters, and held active exchanges of views, thereby ensuring the effectiveness of decision-making and oversight.」
The Company disclosed 13 Executive Officer Committee and other meetings and 14 Board of Directors meetings during the fiscal year and continued separating management and operational execution functions. - FY2022Updated the record of meetings of the Board of Directors and other bodiesAnnual report
「The Executive Officer Committee and other bodies met 16 times, while the Board of Directors met 12 times. The Company deliberated on each agenda item and report, supervised the execution of operations and related matters, and held active exchanges of views, thereby ensuring the effectiveness of decision-making and oversight.」
The Company continued separating management and operational execution functions and reported 16 Executive Officer Committee and other meetings and 12 Board of Directors meetings during the fiscal year. - FY2020AdvancedAnnual report
「During the fiscal year, the Board of Directors comprised 6 directors, including 3 outside directors, and 3 outside Audit & Supervisory Board Members also attended. … The Executive Officer Committee and other bodies met 16 times, while the Board of Directors met 13 times. The Company deliberated on each agenda item and report, supervised the execution of operations and related matters, and held active exchanges of views, thereby ensuring the effectiveness of decision-making and oversight.」
The Company reports the separation of management and operational execution functions together with its annual operating record of 16 Executive Officer Committee meetings and 13 Board of Directors meetings. - FY2017RestatedAnnual report
「The Company introduced an executive officer system, separating management decision-making and oversight functions from operational execution functions and establishing a structure capable of responding swiftly to changes in the management environment.」
The company continues to operate a system of executive officers that separates management functions from business execution functions. - FY2016First statedAnnual report
「The Company introduced an executive officer system, separating management decision-making and oversight functions from operational execution functions and establishing a structure capable of responding swiftly to changes in the management environment.」
The Company explains that the executive officer system separates decision-making and oversight from operational execution.