Delegating Authority to Operating Subsidiaries to Accelerate Decision-Making
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 2 of 18 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「We separate management from execution through the executive officer system: executive officers execute business operations, while directors focus exclusively on management and oversight.」
The policy of separating management and oversight from business execution is reiterated. - FY2023RestatedAnnual report
「The holding company will focus on overseeing each operating company and formulating and implementing Group strategy, while business-level decisions will be completed by the operating companies.」
持株会社と事業会社の役割分担および事業会社への意思決定移譲を再掲している。 - FY2022RestatedAnnual report
「The holding company will focus on overseeing each operating company and formulating and implementing Group strategy, while business-level decisions will be completed by the operating companies.」
The policy of separating the roles of the holding company and operating companies, with operating companies completing business-level decisions, is reiterated. - FY2022-Q1First statedAnnual report
「We aim to establish a structure that clearly defines the roles and responsibilities of each Group company and enables appropriate and timely responses to changes in the business environment. The holding company will specialize in overseeing each operating company and formulating and implementing Group strategy, while business-level decisions will be completed by the operating companies.」
A management structure is described in which the roles of the holding company and operating companies are separated and business-level decisions are completed by the subsidiaries.