Separation of Board of Directors oversight from business execution by executive officers
First written in FY2016. 6 of 12 entries say "Advanced", first in FY2022. Latest entry: 2026-06-23.
Himacs moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
104 other companies' latest entry also says "Restated".
- 2026-06-23RestatedGovernance
「Board of Directors …Decisions on and supervision of business execution」
Reiterated the structure in which the Board of Directors decides on and supervises business execution, while the Management Execution Committee and Business Execution Committee handle day-to-day business execution. - FY2026AdvancedAnnual report
「During the fiscal year, 5 meetings were held with Board members in attendance to exchange views and share perspectives and discuss the effectiveness of the Board of Directors and related matters.」
The Board of Directors met 18 times during the fiscal year, while the Executive Management Committee and Business Execution Committee each met 12 times. The company also conducted an evaluation of the Board's effectiveness and confirmed that its effectiveness was ensured. - FY2024AdvancedAnnual report
「The Board of Directors met 16 times during the fiscal year. The Management Executive Committee and the Business Execution Committee each met 12 times during the fiscal year.」
Under a structure separating oversight by the Board of Directors from business execution by executive officers, the company disclosed that the Board met 16 times, while the Executive Management Committee and Business Execution Committee each met 12 times. - FY2023AdvancedAnnual report
「During the current fiscal year, the Management Executive Committee and the Business Execution Committee each met 12 times.」
The structure separating the Board of Directors' decision-making and oversight from the executive officers' business execution was maintained, and the Management Executive Committee and the Business Execution Committee each met 12 times during the fiscal year. - FY2022AdvancedAnnual report
「During the current fiscal year, the Management Executive Committee and the Business Execution Committee each met 12 times.」
The company disclosed that it maintained the structure separating the Board of Directors' decision-making and oversight from the executive officers' business execution, and that the Management Executive Committee and the Business Execution Committee each met 12 times during the fiscal year. - FY2020ReframedAnnual report
「The Management Executive Committee meets at least once a month to formulate and implement business execution plans in line with the basic management policies and strategies determined by the Board of Directors. The Business Execution Committee meets at least once a month to oversee and manage day-to-day operations.」
Following the renaming of the former Department Heads' Liaison Meeting, the company organized a two-tier meeting structure, with the Management Executive Committee responsible for formulating and implementing execution plans and the Business Execution Committee responsible for day-to-day oversight and management. - FY2019ReframedAnnual report
「The Department Heads' Liaison Meeting, renamed the Business Execution Committee in April 2019, meets once a month. Executive directors responsible for business execution, executive officers, and department heads attend to oversee and manage business execution.」
While maintaining the executive officer system and the separation of Board oversight from business execution, the company renamed the Department Heads' Liaison Meeting the Business Execution Committee in April 2019 and reorganized the framework for managing business execution. - FY2018RestatedAnnual report
「The company introduced an executive officer system, separating the Board of Directors' responsibilities for management decision-making and oversight of business execution from the executive officers' responsibility for business execution, thereby accelerating decision-making and clarifying responsibilities. The Management Executive Committee meets at least once a month, with executive directors and executive officers attending to formulate and implement business execution plans in line with the basic management policies and strategies determined by the Board of Directors.」
The separation of roles between the Board of Directors and executive officers, and the holding of the Management Executive Committee at least once a month, have been maintained. - FY2017RestatedAnnual report
「The company introduced an executive officer system, separating the Board of Directors' responsibilities for management decision-making and oversight of business execution from the executive officers' responsibility for business execution, thereby accelerating decision-making and clarifying responsibilities. The Management Executive Committee meets at least once a month, with executive directors and executive officers attending to formulate and implement business execution plans in line with the basic management policies and strategies determined by the Board of Directors.」
The system separating the Board of Directors' decision-making and oversight from the executive officers' business execution has been maintained, and the Management Executive Committee meets at least once a month. - FY2016First statedAnnual report
「The company introduced an executive officer system, separating the Board of Directors' responsibilities for management decision-making and oversight of business execution from the executive officers' responsibility for business execution, thereby accelerating decision-making and clarifying responsibilities.」
The executive officer system separates decision-making and oversight from business execution. There are 7 directors and 9 executive officers.