Transition in the Director Structure Through a Stronger Separation of Oversight and Executive Functions
First written in FY2018-Q3. 3 of 4 entries say "Restated". Latest entry: 2026-06-25.
108 other companies' latest entry also says "Restated".
- 2026-06-25RestatedGovernance
「Corporate structure Company with an Audit and Supervisory Committee Chair of the Board of Directors* President Number of directors 7 Of whom, directors serving on the Audit and Supervisory Committee 4 Executive officer system Adopted * To enable swift and agile management, the Board of Directors delegates to the President decisions on business execution other than matters legally reserved for the Board.」
The current Board structure was confirmed as a company with an Audit and Supervisory Committee, an executive officer system, and delegation of decisions on business execution from the Board to the President. The original canonical thread remains unchanged. - FY2022RestatedAnnual report
「To ensure the effectiveness of corporate governance and enhance corporate value, the Company transitioned to a company with an Audit and Supervisory Committee in June 2015 and strengthened the Board of Directors' oversight function with the participation of outside directors.」
The structure consisting of a company with an Audit and Supervisory Committee and a strengthened Board of Directors' oversight function through outside directors continues. - FY2019RestatedAnnual report
「In January 2018, with the aim of further strengthening the oversight and execution functions, the Company further promoted the separation of management's strategic decision-making and oversight functions from the rapid execution function for business strategy, changing the structure of directors who are not Audit and Supervisory Committee members from 7 to 3.」
The annual report reconfirms the separation of oversight and execution functions and the transition in the board structure, with directors who are not Audit and Supervisory Committee members changing from 7 to 3. - FY2018-Q3First statedAnnual report
「On 1 January 2018, the Company further advanced the separation of the strategic decision-making and oversight functions of management from the rapid execution function of business operations, with the aim of further strengthening its oversight and execution functions. As a result, the structure of directors who are not Audit and Supervisory Committee members changed from 2 representative directors plus 5 directors who also served as executive officers to 2 representative directors plus 1 director who also served as an executive officer.」
It was first disclosed that, on 1 January 2018, the Company advanced the separation of oversight and execution functions and changed the structure of directors who are not Audit and Supervisory Committee members to 2 representative directors and 1 director who also serves as an executive officer.