Separation of the Functions of the Board of Directors and Executive Officers
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2024.
108 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Under this system, the Board of Directors' "management decision-making" and "supervision of execution" functions are separated from the executive officers' "business execution" function. The Board of Directors is positioned as the body that deliberates and decides management policies and other matters under the supervision and audit of the Audit and Supervisory Committee, while executive officers are responsible for executing business operations based on company policies under the direction and supervision of the Chairman and President.」
The separation of the Board of Directors' and executive officers' functions for decision-making, oversight and operational execution continues. - FY2021RestatedAnnual report
「Under this system, we clearly separate the Board of Directors' functions of making management decisions and overseeing execution from the executive officers' function of executing operations.」
The separation of the Board of Directors' and executive officers' functions for decision-making, oversight and operational execution continues. - FY2020RestatedAnnual report
「Under this system, we clearly separate the Board of Directors' functions of making management decisions and overseeing execution from the executive officers' function of executing operations. The Board of Directors is positioned as the body that deliberates and decides management policies and other matters under the oversight and audit of the Audit and Supervisory Committee, while executive officers are responsible for executing operations based on company policies under the direction and supervision of the chairperson and president.」
The separation of the Board of Directors' and executive officers' functions for decision-making, oversight and operational execution continues. - FY2017RestatedAnnual report
「Under this system, we clearly separate the Board of Directors' functions of making management decisions and overseeing execution from the executive officers' function of executing operations. The Board of Directors is positioned as the body that deliberates and decides management policies and other matters under the oversight and audit of the Audit and Supervisory Committee, while executive officers are responsible for executing operations based on company policies under the direction and supervision of the chairperson and president.」
The division of responsibilities between the Board of Directors and executive officers for decision-making, oversight and execution is reaffirmed. - FY2016First statedAnnual report
「We clearly separate the Board of Directors' functions of making management decisions and overseeing execution from the executive officers' function of executing operations. The Board of Directors is positioned as the body that deliberates and decides management policies and other matters under the oversight and audit of the Audit and Supervisory Committee, while executive officers are responsible for executing operations based on company policies under the direction and supervision of the chairperson and president.」
The division of responsibilities between decision-making and oversight and operational execution is presented as part of the governance framework.