Separation of management and execution under a holding company structure
First written in FY2016. 1 of 3 entries say "Reframed", first in FY2020-Q2. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020AchievedAnnual report
「Under this agreement, the company completed the absorption-type merger effective 1 April 2020.」
The planned absorption-type merger of AMADA CO.,LTD. as part of the reorganisation under the holding company structure was completed effective 1 April 2020. - FY2020-Q2ReframedAnnual report
「Amid rapid changes in the business environment surrounding the group, the company decided to absorb AMADA CO.,LTD. through a merger, having determined that it needed to build a structure focused on further improving group management efficiency and achieving sustainable growth in order to respond to those changes quickly and flexibly.」
Under the former holding company structure, the company planned to reorganise the group by absorbing its wholly owned subsidiary, AMADA CO.,LTD. The description broadened from the existing separation of management and execution to a reorganisation focused on group management efficiency. - FY2016First statedAnnual report
「The group moved to a holding company structure on 1 April 2015 in order to separate management from execution, clarify the roles and responsibilities of each operating company, accelerate management decision-making, and expand earnings by pursuing business profitability.」
The company described its transition to a holding company structure on 1 April 2015 as a mechanism for clarifying responsibility, speeding up decision-making, and expanding earnings.