Rapid decision-making through small-team governance
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2023: 9 of 53 companies on the "Worse" side.
61 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Board of Directors is positioned as the Company's highest decision-making body for determining basic management policies and important issues. It meets once a month. In addition, the Company holds a management meeting once a month, attended by directors, business managers and others, to enable speedy decision-making in business management and a flexible organizational response.」
Reconfirmed the structure for prompt decision-making through monthly meetings of the Board of Directors and management meeting. - FY2023RestatedAnnual report
「The Board of Directors is positioned as the Company's highest decision-making body for determining basic management policies and important issues. It meets once a month. In addition, the Company holds a management meeting once a month, attended by directors, business managers and others, to enable speedy decision-making in business management and a flexible organizational response.」
Described the monthly meetings of the Board of Directors and management meeting to facilitate prompt decision-making. - FY2019RestatedAnnual report
「The transition is intended to strengthen the Board of Directors' oversight function by granting directors who serve as audit and supervisory committee members voting rights at Board of Directors meetings, thereby further enhancing corporate governance and increasing corporate value.」
Reconfirmed the structure following the transition to a company with an audit and supervisory committee and the strengthening of the Board of Directors' oversight function. - FY2018RestatedAnnual report
「The transition was intended to further enhance the corporate governance structure by strengthening the management oversight function.」
Reconfirmed that the structure following the transition to a company with an audit and supervisory committee was intended to strengthen the management oversight function. - FY2017ReframedAnnual report
「Following the approval at the 142nd Annual General Meeting of Shareholders held on 26 June 2017 of amendments to the Articles of Incorporation providing for the transition to a company with an audit and supervisory committee, the Company changed from a company with a board of corporate auditors to a company with an audit and supervisory committee on that date.」
The description changed from the former board of corporate auditors system, centered on lean management and prompt decision-making, to a structure intended to strengthen management oversight, following the transition to a company with an audit and supervisory committee. - FY2016First statedAnnual report
「The Company has adopted a company with a board of corporate auditors structure, based on its management policy of operating with a small number of personnel, to enable thorough discussion by a collegial body and prompt decision-making.」
Described the company with a board of corporate auditors structure as suited to lean management.