Separation of Decision-Making and Oversight Functions from Business Execution Functions
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The Company has introduced an executive officer system to clearly separate the Board of Directors' management decision-making and oversight functions from the business execution functions of each division, with the aim of improving management efficiency and strengthening its business execution structure.」
The Company continues to maintain a structure that separates decision-making and supervision from business execution through its status as a company with an Audit & Supervisory Committee and its executive officer system. - FY2025RestatedAnnual report
「The Company has introduced an executive officer system to clearly separate the Board of Directors' management decision-making and oversight functions from the business execution functions of each division, with the aim of improving management efficiency and strengthening its business execution structure.」
The Company continues to maintain a structure that separates decision-making and supervision from business execution through its status as a company with an Audit & Supervisory Committee and its executive officer system. - FY2022RestatedAnnual report
「The Company has introduced an executive officer system to clearly separate the Board of Directors' management decision-making and oversight functions from the business execution functions of each division, with the aim of improving management efficiency and strengthening its business execution structure.」
The framework separating decision-making and oversight functions from business execution functions through the company with an Audit and Supervisory Committee structure and the executive officer system is being continued. - FY2019RestatedAnnual report
「The Company has adopted the company with an Audit and Supervisory Committee structure. As corporate organs prescribed by the Companies Act, it has established a Board of Directors, an Audit and Supervisory Committee and an accounting auditor to resolve and oversee important matters concerning business execution and conduct audits.」
The company with an Audit and Supervisory Committee structure, and the decision-making, oversight and audit framework comprising the Board of Directors, Audit and Supervisory Committee and accounting auditor, are being continued. - FY2018AdvancedAnnual report
「The Company has adopted the company with an Audit and Supervisory Committee structure. As corporate organs prescribed by the Companies Act, it has established a Board of Directors, an Audit and Supervisory Committee and an accounting auditor to resolve and oversee important matters concerning business execution and conduct audits.」
In addition to separating decision-making and oversight functions from business execution functions, the document specifically describes the structure comprising the Board of Directors, Audit and Supervisory Committee and accounting auditor under the company with an Audit and Supervisory Committee structure. - FY2016First statedAnnual report
「The Company has introduced an executive officer system to clearly separate the Board of Directors' management decision-making and oversight functions from the business execution functions of each division, with the aim of improving management efficiency and strengthening its business execution structure.」
The governance structure, including the Board of Directors, Board of Corporate Auditors, outside officers and the Audit Office reporting directly to the President, is described.