Strengthening the Board of Directors’ Oversight Function through an Executive Officer System
First written in FY2022. 1 of 2 entries say "Advanced", first in FY2023. Latest entry: FY2023.
- FY2023AdvancedAnnual report
「The Group has established a Group Executive Officers' Meeting, chaired by the Company's representative director and president, with the Company's executive officers and full-time audit & supervisory board member, as well as the representative directors and presidents of its subsidiaries, serving as members. The Group Executive Officers' Meeting is generally held once a month, as well as whenever necessary, to communicate and deliberate on important matters relating to the execution of operations across the Group.」
The policy of introducing an executive officer system materialised in the establishment and generally monthly operation of the Group Executive Officers' Meeting. - FY2022First statedAnnual report
「To this end, the Company will strengthen the Board of Directors' oversight function by introducing an executive officer system and foster an organisational culture that embraces business risks.」
The introduction of an executive officer system was set out as a new governance initiative aimed at leveraging the nationwide network and improving corporate value.