Accelerating Decision-Making by Separating the Board of Directors from Business Execution
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2020.
104 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「In addition, the Company seeks to achieve both appropriate management oversight and efficient business execution by adopting an executive officer system and separating decision-making by the Board of Directors from business execution. It has also established a management meeting comprising full-time directors and executive officers, which deliberates on important management matters as a body supporting the President in executing business.」
The Company has reaffirmed its structure of separating the Board of Directors’ decision-making and oversight functions from business execution through the executive officer system. - FY2017RestatedAnnual report
「The Company also seeks to achieve both appropriate management oversight and efficient business execution by adopting an executive officer system and separating decision-making by the Board of Directors from business execution.」
The Company has reaffirmed its policy of separating the Board of Directors’ decision-making and oversight functions from business execution through the executive officer system. - FY2016First statedAnnual report
「Under the executive officer system, the Company separates the Board of Directors’ decision-making and oversight functions from its business execution functions, delegates authority for business execution and seeks to ensure efficient business execution.」
The Company has adopted a structure under which oversight by the Board of Directors is separated from business execution through the executive officer system.