Balancing management efficiency and faster decision-making with soundness and transparency
First written in FY2018. 3 of 4 entries say "Advanced", first in FY2019. Latest entry: FY2024.
- FY2024AdvancedAnnual report
「In addition, to facilitate closer communication and consultation among divisions, the Management Committee generally meets once a month to enable swift decision-making and oversee the execution of operations, thereby further strengthening corporate governance.」
Specifically disclosed the operating structure for the company with an Audit & Supervisory Committee, the Management Committee, the Nomination and Compensation Committee, the Sustainability Committee, the Compliance Committee, and the Internal Control System Promotion Committee. - FY2022AdvancedAnnual report
「In addition, to facilitate closer communication and consultation among divisions, the Management Committee generally meets once a month to enable swift decision-making and oversee the execution of operations, thereby further strengthening corporate governance.」
In addition to the structure following the transition to a company with an Audit & Supervisory Committee, specifically established bodies responsible for oversight, decision-making and accountability, including the Management Committee, which generally meets once a month, the Nomination and Compensation Committee, the Internal Control Committee and the Sustainability Committee. - FY2019AdvancedAnnual report
「We transitioned to a company with an Audit & Supervisory Committee on 24 May 2019. Through cooperation among the Audit & Supervisory Committee, the Internal Audit Office and the accounting auditor, we have established a highly transparent and appropriate management oversight structure.」
In addition to the existing governance policy, specifically described the transition to a company with an Audit & Supervisory Committee and cooperation among the Audit & Supervisory Committee, the Internal Audit Office and the accounting auditor. - FY2018First statedAnnual report
「We believe that enhancing management efficiency, speeding up decision-making and improving agility are necessary to increase corporate value. At the same time, we recognize that strengthening management oversight and enhancing and reinforcing compliance are important for improving the soundness and transparency of management, and that establishing a corporate governance framework is essential.」
The Company described its basic approach of balancing efficiency and speed with soundness, transparency and stronger oversight to enhance corporate value.