Accelerating decision-making by delegating authority to the Board of Directors and executive officers
First written in FY2020. 3 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「For business execution, the Company has appointed 7 executive officers and operates with authority delegated to them. By separating directors from day-to-day operations, it is promoting the establishment of a structure that enables rapid and appropriate management decision-making and clarifies responsibility for business execution.」
The number of executive officers changed from the 5 previously reported to 7, and the Company described an operating structure based on delegated authority and the separation of directors from execution. - FY2023SoftenedAnnual report
「For business execution, the Company has appointed 5 executive officers and operates with authority delegated to them. By separating directors from day-to-day operations, it is promoting the establishment of a structure that enables rapid and appropriate management decision-making and clarifies responsibility for business execution.」
Although the number of executive officers decreased from the 7 previously reported to 5, the policy of delegating authority and separating directors from execution was maintained. - FY2022AdvancedAnnual report
「For business execution, the Company has appointed 7 executive officers and operates with authority delegated to them. By separating directors from day-to-day operations, it is promoting the establishment of a structure that enables rapid and appropriate management decision-making and clarifies responsibility for business execution.」
The number of executive officers increased from 6 to 7, while the delegation of authority and separation of directors from execution were maintained. - FY2021AdvancedAnnual report
「For business execution, the Company has appointed 6 executive officers and operates with authority delegated to them. By separating directors from day-to-day operations, it is promoting the establishment of a structure that enables rapid and appropriate management decision-making and clarifies responsibility for business execution.」
The number of executive officers increased from 5 to 6, while the decision-making structure separating the Board of Directors from execution was maintained. - FY2020First statedAnnual report
「For business execution, the Company has appointed 5 executive officers and operates with authority delegated to them. By separating directors from day-to-day operations, it is promoting the establishment of a structure that enables rapid and appropriate management decision-making and clarifies responsibility for business execution.」
Separation of supervision and execution through the Board of Directors, the Executive Officers' Meeting and the executive officer system.