Separation of the Functions of the Board of Directors and Executive Officers
First written in FY2021. 4 of 5 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The Company separates the Board of Directors’ decision-making and business oversight functions from the executive officers’ business execution functions. Based on the responsibilities assigned by the Board of Directors, the directors and executive officers execute their duties in accordance with laws, regulations and the Articles of Incorporation, and report the status of business execution to the Board of Directors at least once every 3 months.」
The Company continues to separate the functions of the Board of Directors and the executive officers and to report the status of business execution at least once every 3 months. - FY2024RestatedAnnual report
「The Company separates the Board of Directors’ decision-making and business oversight functions from the executive officers’ business execution functions. Based on the responsibilities assigned by the Board of Directors, the directors and executive officers execute their duties in accordance with laws, regulations and the Articles of Incorporation, and report the status of business execution to the Board of Directors at least once every 3 months.」
The Company continues to separate the functions of the Board of Directors and the executive officers and to report the status of business execution at least once every 3 months. - FY2023RestatedAnnual report
「The Company separates the Board of Directors’ decision-making and business oversight functions from the executive officers’ business execution functions. Based on the responsibilities assigned by the Board of Directors, the directors and executive officers execute their duties in accordance with laws, regulations and the Articles of Incorporation, and report the status of business execution to the Board of Directors at least once every 3 months.」
The Company continues to separate the functions of the Board of Directors and the executive officers and to report the status of business execution at least once every 3 months. - FY2022RestatedAnnual report
「The Company separates the Board of Directors’ decision-making and business oversight functions from the executive officers’ business execution functions.」
The Company continues to separate the functions of the Board of Directors and the executive officers, with the Board of Directors exercising oversight and the status of business execution reported at least once every 3 months. - FY2021First statedAnnual report
「The Company separates the Board of Directors’ decision-making and business oversight functions from the executive officers’ business execution functions. The Board of Directors decides important management matters in accordance with laws, regulations and the Articles of Incorporation, and supervises the execution of duties by the directors and executive officers. Based on the responsibilities assigned by the Board of Directors, the directors and executive officers execute their duties in accordance with laws, regulations and the Articles of Incorporation, and report the status of business execution to the Board of Directors at least once every 3 months.」
The Company established as a basic internal control policy the separation of the Board of Directors’ decision-making and oversight functions from the executive officers’ business execution functions, with the status of business execution reported at least once every 3 months.