Strengthening decision-making and oversight through the board of directors and executive officer system
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2021.
13 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「At the Company, the board of directors is responsible for formulating and overseeing the Group's strategy, while the Management Committee, consisting of the COO and executive officers, is responsible for business execution, thereby clearly separating strategy formulation and oversight from business execution. In addition, the Company holds Strategy Meetings as an important body next to the board of directors to deliberate and decide on important business strategies and management policies for the Group as a whole.」
In addition to separating the roles of the board of directors and the Management Committee, the Company describes a governance structure that includes Strategy Meetings to deliberate on important Group-wide strategies. - FY2020RestatedAnnual report
「By clearly separating the board of directors' roles of "strategy formulation and oversight" from the executive officers' role of "business execution," the Company is seeking to improve and accelerate decision-making by the board of directors, focus on strategy formulation, strengthen oversight of business execution, and enhance management efficiency.」
The Company continues to strengthen decision-making and oversight functions by separating the roles of the board of directors and executive officers and enhancing independence through outside officers. - FY2019RestatedAnnual report
「Amid rapid changes in the business environment, the Company introduced an executive officer system to enhance competitiveness and pursue management based on compliance, efficiency and transparency. By clearly separating the board of directors' roles of "strategy formulation and oversight" from the executive officers' role of "business execution," the Company is seeking to improve and accelerate decision-making by the board of directors, focus on strategy formulation, strengthen oversight of business execution, and enhance management efficiency.」
The Company continues its governance policy based on the executive officer system, strategy formulation and oversight by the board of directors, and greater independence through outside officers. - FY2018RestatedAnnual report
「The Company has introduced an executive officer system to improve and accelerate decision-making by the board of directors, strengthen business execution and oversight functions, and enhance management efficiency.」
The Company continues to strengthen its executive officer system, outside directors and outside corporate auditors, and decision-making and oversight functions through the board of directors. The number of executive officers is stated as 20. - FY2016First statedAnnual report
「Amid rapid changes in the business environment, the Company introduced an executive officer system to enhance competitiveness and pursue management based on compliance, efficiency and transparency. It is seeking to improve and accelerate decision-making by the board of directors, strengthen business execution and oversight functions, and enhance management efficiency.」
The executive officer system, outside directors and outside corporate auditors, and governance by the board of directors are described as measures to strengthen the Company's functions.