Rapid Decision-Making and Oversight Through an Executive Officer System and Outside Directors
First written in FY2016. 6 of 13 entries say "Advanced", first in FY2019. Latest entry: 2026-06-25.
- 2026-06-25AdvancedGovernance
「<Directors’ skills matrix>」
The Company disclosed in detail its governance structure, including the Nomination and Compensation Committee, Board of Directors, Audit and Supervisory Committee, and executive officers’ meeting, while organizing directors’ expertise and experience by category: corporate management, finance and accounting, legal affairs, compliance and risk management, human resources and labor management, technology, industry experience, and sustainability. - FY2026Executive officer system and Board composition updatedAnnual report
「As of the filing date of this Annual Securities Report (19 June 2026), the Board of Directors consists of 10 directors, including 5 outside directors. In principle, regular Board meetings are held monthly, in addition to extraordinary meetings held as necessary.」
The 10-director structure, including 5 outside directors, presented in the previous fiscal year was described as the composition as of the filing date. The number of executive officers, excluding those concurrently serving as directors, was 5. - FY2025Executive officer system and Board composition updatedAnnual report
「If the proposal is approved, the Company’s Board of Directors will consist of 10 directors, including 5 outside directors.」
The Company disclosed that its Board of Directors is expected to change from the current 9-director structure as of the filing date to a 10-director structure if the proposal at the Annual General Meeting of Shareholders is approved. A proposed composition including a female candidate was also presented, and the number of executive officers was updated to 6, excluding those concurrently serving as directors. - FY2024AdvancedAnnual report
「The Company has adopted an executive officer system to strengthen the Board of Directors’ supervisory function and accelerate decision-making. The Executive Officer Committee consists of executive officers, who are responsible for business execution and are appointed by the Board of Directors, directors including outside directors, the head of the Internal Audit Office, officers of subsidiaries, and department heads and others nominated by the Representative Director, and is generally held monthly.」
The operation of the executive officer system was specifically disclosed as a monthly Executive Officer Committee comprising directors, the Internal Audit Office, subsidiary officers and others. The Board of Directors met 13 times during the fiscal year, with 5 outside directors among the 9 directors, and the number of executive officers stood at 7. - FY2023Executive officer count and Board composition updatedAnnual report
「The Board of Directors consists of 9 directors, including 5 outside directors. In principle, regular meetings are held monthly, with extraordinary meetings convened as necessary.」
The company disclosed that the Board of Directors consists of 9 directors, including 5 outside directors. The number of executive officers, excluding those concurrently serving as directors, was updated to 7 from the 4 disclosed previously. - FY2021Executive officer count updatedAnnual report
「We have introduced an executive officer system to accelerate management decision-making and business execution, clarify responsibility in each division, and improve management efficiency. The number of executive officers is 4, excluding those concurrently serving as directors.」
The purpose of the executive officer system was reaffirmed, and the company disclosed that there are 4 executive officers, excluding those concurrently serving as directors. - FY2019AdvancedAnnual report
「To deliberate matters concerning the appointment and dismissal and compensation of directors and executive officers, we established a Nominating and Compensation Committee as an advisory body to the Board of Directors, with a majority of its members being independent outside directors. This ensures objectivity and transparency and further strengthens our corporate governance structure.」
In addition to the executive officer system and oversight by outside directors, the company has established a Nominating and Compensation Committee in which independent outside directors constitute a majority. - FY2018RestatedAnnual report
「We have enhanced the executive officer system to accelerate management decision-making and business execution and clarify responsibility for execution in each division. We have also appointed outside directors to invigorate the Board of Directors, strengthen management, and reinforce oversight of executive officers.」
The system of decision-making and oversight through the executive officer system and outside directors remains in place. The company disclosed 8 executive officers, including 4 who concurrently serve as directors. - FY2017RestatedAnnual report
「We have enhanced the executive officer system to accelerate management decision-making and business execution and clarify responsibility for execution in each division. We have also appointed outside directors to invigorate the Board of Directors, strengthen management, and reinforce oversight of executive officers.」
The system of rapid decision-making and oversight through the executive officer system and outside directors remains in place. At fiscal year-end, there were 8 executive officers and 4 outside directors. - FY2016First statedAnnual report
「We have enhanced the executive officer system to accelerate management decision-making and business execution and clarify responsibility for execution in each division. We have also appointed outside directors to invigorate the Board of Directors, strengthen management, and reinforce oversight of executive officers.」
The Company combines delegation of authority to executive officers, clarification of execution responsibilities, and stronger oversight by outside directors.