Faster decision-making through the separation of oversight and execution
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「We changed to a company with an Audit and Supervisory Committee as of 21 June 2024, with the aim of strengthening the supervisory function of the Board of Directors and further enhancing corporate governance through a stronger monitoring framework.」
The company has continued its transition to a company with an Audit and Supervisory Committee, separation of oversight and execution through its executive officer system, and framework for rapid decision-making. - 2026-05-25RestatedGeneral Meetings of Shareholders
「The Board of Directors promotes a swift decision-making process and an agile and efficient system for the execution of duties in operating the Avio Group by defining the responsibilities of executive officers and broadly delegating authority to them.」
The Group continues its governance policy of delegating authority to executive officers, including to enable swift decision-making. - FY2024AdvancedAnnual report
「Following approval of amendments to the Articles of Incorporation at the 74th Annual General Meeting of Shareholders held on 21 June 2024, we changed to a company with an Audit and Supervisory Committee as of that date. The purpose of this change is to enhance the supervisory function of the Board of Directors and further strengthen the monitoring framework, thereby enhancing corporate governance.」
The company changed from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee as of 21 June 2024. The purpose was to strengthen the supervisory function and monitoring framework. - FY2022RestatedAnnual report
「We have introduced an executive officer system, separating management oversight from execution, clarifying management responsibility, and enabling rapid decision-making in an agile and efficient manner.」
The governance policy of maintaining an executive officer system, separating oversight from execution, and enabling rapid decision-making through delegated authority continued. - FY2018RestatedAnnual report
「We have also introduced an executive officer system, separating management oversight from execution, clarifying management responsibility, and enabling rapid decision-making in an agile and efficient manner.」
The governance policy of maintaining an executive officer system, separating oversight from execution, and enabling rapid decision-making through delegated authority continued. - FY2017RestatedAnnual report
「We have introduced an executive officer system, separating management oversight from execution, clarifying management responsibility, and enabling rapid decision-making in an agile and efficient manner.」
The governance policy of maintaining an executive officer system, separating oversight from execution, and enabling rapid decision-making through delegated authority continued. - FY2016First statedAnnual report
「We have introduced an executive officer system, separating management oversight from execution, clarifying management responsibility, and enabling rapid decision-making in an agile and efficient manner.」
The system combines oversight by the Board of Directors, delegation of authority to executive officers, and audits by Audit & Supervisory Board members.