Separation of Management Oversight and Business Execution Functions
First written in FY2016. 8 of 9 entries say "Restated". Latest entry: 2026-07-03.
- 2026-07-03RestatedGovernance
「Oversight functions Accounting auditor Audit report Report Board of directors Oversight evaluation Directors Executive functions Compensation decisions Appointment and dismissal of executive officers Executive officers’ meeting Representative executive officers Executive officers Internal Audit Department」
The structure separating oversight by the board of directors and related bodies from executive functions performed by the executive officers’ meeting, representative executive officers and executive officers is reconfirmed. - FY2026RestatedAnnual report
「The Company adopted a company-with-three-committees structure to clarify the division of responsibilities among directors and accelerate decision-making by separating the management functions performed by directors from the business execution functions performed by executive officers, and to improve management transparency by utilizing outside directors in their oversight role.」
The Company continues to maintain the principles of separating management oversight from business execution and oversight by outside directors. - FY2021RestatedAnnual report
「The Company has the Board of Directors and the compensation, nomination and audit committees make decisions on important matters and oversee the status of business execution, while the Executive Committee and executive officers carry out business execution. It has separated and clarified the management oversight and business execution functions to achieve more agile and efficient management.」
The Company continues to separate oversight by the Board of Directors and the committees from business execution by the Executive Committee and executive officers. - FY2019RestatedAnnual report
「The Board of Directors and the compensation, nomination and audit committees make decisions on important matters and oversee the status of business execution, while the Executive Committee and executive officers carry out business execution. The Company has separated and clarified the management oversight and business execution functions to achieve more agile and efficient management.」
The Company continues to separate management oversight from business execution. - FY2018RestatedAnnual report
「The Company has separated and clarified the management oversight and business execution functions to achieve more agile and efficient management.」
The Company continues to separate oversight by the Board of Directors and the committees from business execution by the Executive Committee and executive officers. - FY2017RestatedAnnual report
「The Company has separated and clarified the management oversight and business execution functions to achieve more agile and efficient management.」
The Company continues to separate oversight by the Board of Directors and the committees from business execution by the Executive Committee and executive officers. - FY2016First statedAnnual report
「The Company has separated and clarified the management oversight and business execution functions to achieve more agile and efficient management.」
The Board of Directors and the committees are responsible for making decisions on important matters and providing oversight, while the Executive Committee and executive officers are responsible for business execution.