Governance Structure Based on a Board of Corporate Auditors and an Executive Officer System
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「We have established a general meeting of shareholders, a board of directors, a board of corporate auditors and an accounting auditor as bodies stipulated under the Companies Act. We have adopted a company with a board of corporate auditors because we consider it an effective structure for ensuring management soundness, under which the board of directors, composed of directors well versed in our business, decides basic management policies and the execution of important business matters, while corporate auditors audit the directors’ execution of their duties from an independent standpoint. We have also introduced an executive officer system to accelerate business execution, and executive officers carry out the business decided by the board of directors under the direction and supervision of the representative director and president.」
The company is reaffirming its governance structure based on a company with a board of corporate auditors and an executive officer system. - FY2022RestatedAnnual report
「We have established a general meeting of shareholders, a board of directors, a board of corporate auditors and an accounting auditor as bodies stipulated under the Companies Act. We have adopted a company with a board of corporate auditors because we consider it an effective structure for ensuring management soundness, under which the board of directors, composed of directors well versed in our business, decides basic management policies and the execution of important business matters, while corporate auditors audit the directors’ execution of their duties from an independent standpoint. We have also introduced an executive officer system to accelerate business execution, and executive officers carry out the business decided by the board of directors under the direction and supervision of the representative director and president.」
The company is reaffirming its governance structure based on a company with a board of corporate auditors and an executive officer system. - FY2019First statedAnnual report
「We have established a general meeting of shareholders, a board of directors, a board of corporate auditors and an accounting auditor as bodies stipulated under the Companies Act. We have also introduced an executive officer system to accelerate business execution.」
An organizational design that combines audit and oversight functions with faster business execution.