Separating Oversight and Execution through an Executive Officer System
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「We have also introduced an executive officer system that separates the oversight and execution functions of the Board of Directors, focuses the Board's role on determining management policies and supervising management, clarifies the responsibilities of executive officers for business execution, and strengthens our governance structure.」
We continue to separate oversight from execution through the executive officer system and clarify the responsibilities of executive officers. - FY2023RestatedAnnual report
「We have also introduced an executive officer system that separates the oversight and execution functions of the Board of Directors, focuses the Board's role on determining management policies and supervising management, clarifies the responsibilities of executive officers for business execution, and strengthens our governance structure.」
We continue to separate oversight from execution through the executive officer system and clarify the responsibilities of executive officers. - FY2022First statedAnnual report
「We have introduced an executive officer system to accelerate and improve the efficiency of management decision-making. We also seek to ensure management oversight and transparency by appointing outside directors as a majority of the Board of Directors.」
The executive officer system separates the Board of Directors' oversight from the execution of business by executive officers, promoting faster and more efficient decision-making and transparency.