Separation of Oversight and Business Execution Functions and Strengthening Governance
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: 2026-05-29.
- 2026-05-29RestatedGeneral Meetings of Shareholders
「The Company has established a Nominating Advisory Committee and a Compensation Advisory Committee. By having these committees support the Board of Directors’ deliberations and conduct independent checks, the Company ensures transparency and objectivity in the nomination of directors and executive officers and in the process for determining their compensation.」
The disclosure restates the governance policy of separating oversight and execution through the Audit & Supervisory Committee, the Nominating and Compensation Advisory Committees, and the executive officer system. - FY2025RestatedAnnual report
「The Group has adopted a company-with-an-Audit-and-Supervisory-Committee structure, having determined that this structure can both speed up and improve the efficiency of decision-making on important management matters and strengthen its oversight function.」
The Group continues its policy of separating oversight and execution and speeding up decision-making through a company-with-an-Audit-and-Supervisory-Committee structure, an executive officer system, and nomination and compensation advisory committees. - FY2020AdvancedAnnual report
「For the following fiscal year, with the approval of the 74th Annual General Meeting of Shareholders held on 26 June 2020, the Group transitioned to a company with an Audit and Supervisory Committee. Going forward, it will further promote the strengthening of the Board of Directors' oversight function and the speed and efficiency of management decision-making, while working to establish a more resilient corporate structure.」
The Group transitioned to a company with an Audit and Supervisory Committee and is advancing stronger Board of Directors oversight and faster, more efficient decision-making as specific governance measures. - FY2019First statedAnnual report
「The Group seeks to continuously enhance corporate value by promoting sound and efficient management that coexists with society and earns the trust and support of all stakeholders. To this end, it is strengthening corporate governance by enhancing management oversight and execution functions, speeding up decision-making, ensuring transparency and objectivity, and further strengthening compliance-based management, thereby seeking to enhance corporate value further.」
The Group continues to state its policies of strengthening oversight and execution functions, speeding up decision-making, ensuring transparency and objectivity, and maintaining compliance as part of its corporate governance.