Separation of Management and Business Execution and Oversight by Outside Officers
First written in FY2017. 5 of 9 entries say "Restated". Latest entry: 2026-09-28.
- FY2025RestatedAnnual report
「As described above, to ensure management efficiency and improve performance, the Group has introduced an executive officer system aimed at separating management from business execution, as well as an Audit and Supervisory Committee centered on outside directors. It has also established committees, meetings, and other bodies primarily to ensure the soundness and appropriateness of management decisions and business execution.」
Following the change to a company with an Audit and Supervisory Committee, the oversight framework comprising the executive officer system, the Audit and Supervisory Committee centered on outside directors, and various committees and meetings continues. - FY2024ReframedAnnual report
「At the annual general meeting of shareholders held on 25 June 2024, amendments to the Articles of Incorporation providing for the transition to a company with an Audit and Supervisory Committee were approved, and the Company changed from a company with an Audit and Supervisory Board to a company with an Audit and Supervisory Committee effective the same date.」
The Company changed from a company with an Audit and Supervisory Board to a company with an Audit and Supervisory Committee, establishing a framework to strengthen monitoring of the Board of Directors by directors who serve as Audit and Supervisory Committee members. - FY2022RestatedAnnual report
「To ensure management efficiency and improve performance, the Company has introduced an executive officer system aimed at separating management from business execution, as well as an audit and supervisory board system centered on outside officers. It has also established committees, meetings, and other bodies primarily to ensure the soundness and appropriateness of management decisions and business execution.」
The management oversight framework consisting of the executive officer system, audit and supervisory board system, outside officers, and various committees and meetings remains in place. - FY2020RestatedAnnual report
「To ensure management efficiency and improve performance, the Group has introduced an executive officer system aimed at separating management from business execution, as well as an audit and supervisory board system centered on outside officers. It has also established committees, meetings, and other bodies primarily to ensure the soundness and appropriateness of management decisions and business execution.」
The management oversight framework consisting of the executive officer system, audit and supervisory board system, outside officers, and various committees remains in place. - FY2019RestatedAnnual report
「To ensure management efficiency and improve performance, the Group has introduced an executive officer system aimed at separating management from business execution, as well as an audit and supervisory board system centered on outside officers. It has also established committees, meetings, and other bodies primarily to ensure the soundness and appropriateness of management decisions and business execution.」
The management oversight framework consisting of the executive officer system, audit and supervisory board system, outside officers, and various committees and meetings remains in place. - FY2017First statedAnnual report
「To ensure management efficiency and improve performance, the Group has introduced an executive officer system aimed at separating management from business execution, as well as an audit and supervisory board system centered on outside officers. It has also established committees, meetings, and other bodies primarily to ensure the soundness and appropriateness of management decisions and business execution.」
The governance policy of separating management from execution and providing oversight and mutual checks through the executive officer system, audit and supervisory board system, and various committees and meetings is described.