Separating Decision-Making and Execution Through the Executive Officer System
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2023.
104 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The filing company has adopted an executive officer system under which executive officers, to whom the Board of Directors delegates authority, are responsible for executing important duties based on management policy and implementing management strategies.」
Continuing to separate oversight by the Board of Directors from business execution by executive officers. - FY2021RestatedAnnual report
「The filing company has adopted an executive officer system under which executive officers, to whom the Board of Directors delegates authority, are responsible for executing important duties based on management policy and implementing management strategies.」
Continuing to separate management and oversight by the Board of Directors from business execution by executive officers. - FY2019RestatedAnnual report
「The filing company has adopted an executive officer system under which executive officers, to whom the Board of Directors delegates authority, are responsible for executing important duties based on management policy and implementing management strategies.」
Continuing to separate management and oversight by the Board of Directors from business execution by executive officers. - FY2018RestatedAnnual report
「The filing company has adopted an executive officer system under which executive officers are responsible for executing operations based on management policy.」
Continuing to separate the Board of Directors' oversight function from the business execution function under the executive officer system. - FY2017RestatedAnnual report
「The filing company has adopted an executive officer system under which executive officers are responsible for executing operations based on management policy. Executive officers are not directors under the Companies Act; they are appointed by the Board of Directors, execute important duties delegated by the Board, and are primarily responsible for implementing company-wide management strategies.」
Continuing to separate decision-making from business execution between the Board of Directors and executive officers. - FY2016First statedAnnual report
「The filing company has adopted an executive officer system under which executive officers are responsible for executing operations based on management policy. Executive officers are not directors under the Companies Act; they are appointed by the Board of Directors, execute important duties delegated by the Board, and are primarily responsible for implementing company-wide management strategies.」
Providing a specific explanation of the division of roles between the Board of Directors and executive officers.