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Ulvac (6728) · InitiativeRestated

Separating decision-making and oversight functions from business execution functions

First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2019.

4entries
4years
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ProgressHeldSoftenedWorseRestatedFY2016 – FY20192016: 120162017: 120172018: 120182019: 12019
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Functional Separation Between the Board of Directors and Executive Officers and Faster Decision-MakingA theme 391 companies write about · 0 as a headwind · 392 as a tailwind
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Showing 14 of the 199 companies compared. The sentences above are computed from all 199.Comparing 200 of the theme's 392 threads.
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  1. FY2019RestatedAnnual report

    「The Company has introduced an executive officer system under which each executive officer engages in business execution with a certain level of responsibility and authority for their assigned duties, based on delegation from the Board of Directors.」

    The policy of separating decision-making and oversight functions from business execution functions and clarifying responsibility and authority through the executive officer system continued.
  2. FY2018RestatedAnnual report

    「The Company has introduced an executive officer system under which each executive officer engages in business execution with a certain level of responsibility and authority for their assigned duties, based on delegation from the Board of Directors.」

    The policy of separating decision-making and oversight from business execution and clarifying responsibility and authority through the executive officer system continued.
  3. FY2017RestatedAnnual report

    「The Company has introduced an executive officer system under which each executive officer engages in business execution with a certain level of responsibility and authority for their assigned duties, based on delegation from the Board of Directors. It has also established a Standing Officers’ Meeting comprising 18 internal directors and executive officers.」

    The policy of separating authority and responsibility through the executive officer system was maintained, with swift business execution carried out through the Standing Officers’ Meeting.
  4. FY2016First statedAnnual report

    「The Company has introduced an executive officer system to clarify authority and responsibility by separating management decision-making and business oversight from business execution, and to respond swiftly and flexibly to rapid changes in the business environment.」

    The executive officer system is intended to clarify authority and responsibility and enable swift execution.
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Separating decision-making and oversight functions from business execution functions | ULVAC, Inc. (6728) | Komori