Clarifying Decision-Making and Execution Responsibility through the Executive Officer System and Divisional Organization
First written in FY2017. 3 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「To clarify the roles and responsibilities of executive officers and general managers and accelerate management, we newly established the position of executive management officer, a higher-level qualification for division heads. Executive officers, who had previously been employees, changed to a mandate-based structure similar to that of directors, and some changed to executive management officers. There are 10 executive officers and 8 executive management officers.」
The Company advanced the reorganisation of the roles of executive officers and general managers and disclosed a structure with 8 executive management officers. The acceleration of decision-making and clarification of execution responsibilities were made concrete. - FY2025AdvancedAnnual report
「To clarify the roles and responsibilities of executive officers and general managers and accelerate management, we newly established the position of executive management officer, a higher-level qualification for division heads.」
To clarify decision-making and execution responsibilities, the roles of executive officers and general managers were reorganised and the new position of executive management officer was established. The structure was also described as comprising 10 executive officers and 7 executive management officers. - FY2022AdvancedAnnual report
「The Board of Directors consists of 9 directors, including 3 outside directors. The representative director and president serves as chair, and the Board makes decisions on matters prescribed by law and other important matters relating to management, while overseeing the execution of business operations.」
The structure of 9 directors, including 3 outside directors, the classification of operations into 5 divisions, and the delegation of authority to the Executive Officers Committee were set out, providing greater detail on the decision-making and oversight structure. - FY2019RestatedAnnual report
「We introduced an executive officer system to improve the agility of the Board of Directors, strengthen its oversight functions, accelerate business execution, and clarify execution responsibilities.」
The structure for agile decision-making and clear accountability through the executive officer system, allocation of authority to business divisions, and delegation of authority to the Executive Officers Committee continues. - FY2018RestatedAnnual report
「We introduced an executive officer system to improve the agility of the Board of Directors, strengthen its oversight functions, accelerate business execution, and clarify execution responsibilities.」
The governance policy of using the executive officer system to strengthen the Board of Directors' oversight functions, accelerate business execution, and clarify execution responsibilities continues. - FY2017First statedAnnual report
「We introduced an executive officer system to improve the agility of the Board of Directors, strengthen its oversight functions, accelerate business execution, and clarify execution responsibilities.」
The governance and business execution structure was described in detail, including the executive officer system, allocation of authority to business divisions, delegation of approval authority to the Executive Officers Committee, and appointment of 2 independent outside directors.