Prior Deliberation of Important Matters by the Management Committee
First written in FY2017. 4 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 8 of 70 companies on the "Worse" side.
78 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「As a general rule, the Company has established a system under which resolutions are made based on recommendations discussed in advance by the Management Committee, which comprises the representative directors, outside directors, full-time Audit & Supervisory Board members and the director responsible for the General Affairs Department, including the General Manager of the General Affairs Department.」
The system of advance deliberation of important matters by the Management Committee followed by resolutions by the Board of Directors is reiterated. - FY2022RestatedAnnual report
「The Company has established a system under which resolutions are made based on recommendations discussed in advance by the Management Committee, which comprises the representative directors, outside directors, full-time Audit & Supervisory Board members and the director responsible for the General Affairs Department, including the General Manager of the General Affairs Department.」
The system of advance deliberation of important matters by the Management Committee followed by resolutions by the Board of Directors is reiterated. - FY2020RestatedAnnual report
「With respect to important matters concerning the management of the Group, the Company has established a system under which resolutions are made based on recommendations discussed in advance by the Management Committee, which comprises the representative directors, outside directors, full-time Audit & Supervisory Board members and the director responsible for the General Affairs Department, including the General Manager of the General Affairs Department, in order to expedite and ensure the fairness of decision-making by the Board of Directors.」
The system of advance deliberation of important matters by the Management Committee followed by resolutions by the Board of Directors is reiterated. - FY2018RestatedAnnual report
「With respect to important matters concerning the management of the Group, the Company has established a system under which resolutions are made based on recommendations deliberated in advance by the Management Committee, which comprises the representative directors, outside directors, full-time Audit & Supervisory Board members and the director responsible for the General Affairs Department, including the General Manager of the General Affairs Department, in order to expedite and ensure the fairness of decision-making by the Board of Directors.」
The system of advance deliberation of important matters by the Management Committee followed by resolutions by the Board of Directors is reiterated. - FY2017First statedAnnual report
「With respect to important matters concerning the management of the Group, the Company has established a system under which resolutions are made based on recommendations deliberated in advance by the Management Committee, which comprises the representative directors, outside directors, full-time Audit & Supervisory Board members and the director responsible for the General Affairs Department, including the General Manager of the General Affairs Department, in order to expedite and ensure the fairness of decision-making by the Board of Directors.」
The disclosure describes a decision-making mechanism under which important matters are deliberated by the Management Committee before resolutions are made by the Board of Directors.