Board Oversight and Faster Business Execution through the Executive Officer System
First written in FY2016. 7 of 8 entries say "Advanced", first in FY2018. Latest entry: 2026-05-29.
37 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「In June 2024, the Company reviewed the criteria for matters submitted to the Board of Directors, increased the number of agenda items relating to medium- and long-term issues and their progress, and is working to further strengthen the Board's oversight function.」
The Board's oversight function has progressed toward more extensive deliberation of medium- and long-term issues and progress following the review of the criteria for matters submitted to the Board in June 2024. - FY2024AdvancedAnnual report
「The Company separated the chair of the Board of Directors from the CEO, clarifying the roles of oversight and execution in business management.」
The framework for Board oversight and the executive officer system has progressed by separating the chair of the Board of Directors from the CEO and clarifying the roles of oversight and execution. The Board currently has 11 directors, 5 of whom are outside directors. - FY2023AdvancedAnnual report
「The Company positions the Board of Directors as the body responsible for determining the basic policies and strategies of group management, deciding matters relating to important business execution, and supervising business execution. The Articles of Incorporation limit the Board to no more than 12 directors. It currently has 10 directors, 4 of whom are outside directors.」
The Company has disclosed its current Board composition, with 4 of 10 directors being outside directors, in relation to the Board's oversight and strategy-setting functions. - FY2019AdvancedAnnual report
「In June 2018, the Company appointed Eda Makiko (江田麻季子), who has extensive experience in corporate management and international operations, as an outside director, further increasing diversity on the Board of Directors and raising the proportion of outside directors to 40%. In the same month, it established a voluntary Nomination and Compensation Committee chaired by an outside director. The committee discusses the CEO succession plan and basic policies and procedures relating to director compensation, thereby working to enhance transparency in the process.」
In addition to Board oversight and the executive officer system, the Company has raised the proportion of outside directors to 40% and operates a Nomination and Compensation Committee chaired by an outside director. - FY2018AdvancedAnnual report
「In June 2018, the Company established a Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors, with a majority of its members being outside directors, in order to ensure independence, transparency and objectivity in the selection of candidates for the Company's directors and the procedures for determining directors' compensation.」
In addition to Board oversight and the executive officer system, the Company has established a Nomination and Compensation Committee with a majority of outside directors, formalising the procedures for selecting officers and determining compensation. - FY2016First statedAnnual report
「The Company has adopted an executive officer system to accelerate business execution. Executive officers are responsible for executing business operations in accordance with the basic policies determined by the Board of Directors.」
A framework that separates the roles of the Board of Directors and executive officers to accelerate business execution.