Separation of Decision-Making and Business Execution and Strengthened Oversight by Outside Officers
First written in FY2016. 3 of 6 entries say "Advanced", first in FY2019. Latest entry: 2026-05-28.
37 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「In 2021, the company transitioned to a company with an Audit and Supervisory Committee in order to further strengthen the oversight function of the Board of Directors through measures including granting directors who serve as Audit and Supervisory Committee members voting rights at Board meetings, enhance management efficiency by enabling agile decision-making, and further improve corporate governance. It has appointed 5 independent outside directors, including directors who serve as Audit and Supervisory Committee members.」
The company transitioned to a company with an Audit and Supervisory Committee and established an oversight framework featuring voting rights for Audit and Supervisory Committee members and 5 independent outside directors. - FY2019AdvancedAnnual report
「To deliberate on the nomination and compensation of directors and strengthen the oversight function of the Board of Directors and the corporate governance framework, the company established the Nomination Committee and Compensation Committee as voluntary advisory committees of the Board of Directors on 1 December 2018.」
The company established the Nomination Committee and Compensation Committee, chaired by an outside director, on 1 December 2018, creating a framework to deliberate on the appointment and dismissal of directors, succession planning and compensation. - FY2017RestatedAnnual report
「To establish a management structure capable of responding accurately and swiftly to changes in the business environment, the company introduced an executive officer system in 2000. By separating management decision-making from business execution, it seeks to strengthen the decision-making and oversight functions of the Board of Directors and improve the efficiency of business execution under authority delegated by the Representative Directors. In addition, it has appointed 2 independent outside directors to further strengthen the oversight function.」
The company reconfirms the separation of decision-making from business execution through its executive officer system and stronger oversight by 2 outside directors. - FY2016First statedAnnual report
「To establish a management structure capable of responding accurately and swiftly to changes in the business environment, the company introduced an executive officer system in 2000. By separating management decision-making from business execution, it seeks to strengthen the decision-making and oversight functions of the Board of Directors and improve the efficiency of business execution under authority delegated by the Representative Directors. In addition, it has appointed 2 independent outside directors to further strengthen the oversight function.」
The company describes its executive officer system, monitoring by the Board of Directors and Board of Corporate Auditors, and 2 outside directors and 2 outside corporate auditors.