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Shibaura Machine (6104) · InitiativeChanges in Executive Officer Positions

Expediting Decision-Making by Separating Management from Business Execution

First written in FY2016. 1 of 4 entries say "Advanced", first in FY2017. Latest entry: FY2021-Q3.

4entries
6years
0from disclosures
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ProgressHeldSoftenedWorseFirst statedFY2016AdvancedFY2017RestatedFY2018 – FY2021-Q32016: 120162017: 120172018: 120182019: 020192020: 020202021: 1
Same theme, other companies
Functional Separation Between the Board of Directors and Executive Officers and Faster Decision-MakingA theme 395 companies write about · 0 as a headwind · 396 as a tailwind
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Showing 14 of the 199 companies compared. The sentences above are computed from all 199.Comparing 200 of the theme's 396 threads.
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  1. FY2021-Q3Changes in Executive Officer PositionsAnnual report

    「• Change in position New position Director Senior Managing Executive Officer Former position Director Name Ota Hiroaki (大田 浩昭) 1 August 2020」

    The company states that, effective 1 August 2020, the director's position changed to include serving concurrently as Senior Managing Executive Officer.
  2. FY2018RestatedAnnual report

    「Furthermore, through the executive officer system, we clearly distinguish management oversight from business execution, thereby making decision-making faster and more efficient.」

    The company continues to explain the separation of oversight and execution through the executive officer system and the acceleration and increased efficiency of decision-making.
  3. FY2017AdvancedAnnual report

    「April 2017: Representative Director and Chairman of the Company, Chief Executive Officer (incumbent) / April 2017: Representative Director and President of the Company, President and Executive Officer, Chief Operating Officer (incumbent)」

    The officer structure shows that, from April 2017, the Chairman became Chief Executive Officer and the President became Chief Operating Officer.
  4. FY2016First statedAnnual report

    「By operating an executive officer system, we separate management from execution, clarify management accountability, and make management decision-making and business execution more efficient and expeditious.」

    The company sets out the division of responsibilities between oversight and execution through the executive officer system and the Nominating and Compensation Advisory Committees.
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Expediting Decision-Making by Separating Management from Business Execution | SHIBAURA MACHINE CO.,LTD. (6104) | Komori