Separating Business Execution Through a Company with an Audit and Supervisory Committee and an Executive Officer System
First written in FY2016. 5 of 9 entries say "Restated". Latest entry: 2026-06-26.
- 2026-06-26RestatedGovernance
「(Corporate bodies) Article 4: In addition to the General Meeting of Shareholders and directors, the Company shall establish the following bodies: (1) Board of Directors; (2) Audit and Supervisory Committee; and (3) Accounting Auditor.」
The Articles of Incorporation confirm a corporate structure comprising a Board of Directors, Audit and Supervisory Committee and Accounting Auditor. The provision reconfirms the framework for business execution and oversight under the company-with-an-audit-and-supervisory-committee structure; the canonical thread remains unchanged. - FY2026Planned reduction in the number of directorsAnnual report
「If this proposal is approved, the Board of Directors will consist of 9 directors, including 3 directors who are Audit and Supervisory Committee members.」
The Board of Directors is expected to decrease from the current 10 members to 9 following the annual general meeting of shareholders scheduled for 25 June 2026. The company will continue to operate as a company with an Audit and Supervisory Committee and an executive officer system. - FY2024Decrease in the number of Board membersAnnual report
「The Board of Directors consists of 10 directors, including 3 directors who are Audit and Supervisory Committee members (as of the date of submission of the annual securities report). It meets monthly as the company's highest decision-making body for important management matters and strives to respond promptly.」
The number of Board members decreased from 11 in the previous fiscal year to 10. The company continues to operate as a company with an Audit and Supervisory Committee and to separate business execution functions through its executive officer system. - FY2023RestatedAnnual report
「The Board of Directors consists of 11 directors, including 3 directors who are Audit and Supervisory Committee members (as of the date of submission of the annual securities report). It meets monthly as the company's highest decision-making body for important management matters and strives to respond promptly.」
The company continues to operate as a company with an Audit and Supervisory Committee, with an 11-member Board of Directors and separation of business execution functions through its executive officer system. - FY2020AdvancedAnnual report
「The Board of Directors consists of 11 directors, including 3 directors who are Audit and Supervisory Committee members (as of the date of submission of the annual securities report). It meets monthly as the company's highest decision-making body for important management matters and strives to respond promptly. The Board of Directors is responsible for making decisions on business execution and supervising business execution. The company has introduced an executive officer system to promote the separation of business execution functions.」
The company has reduced the number of directors from 15 in the previous fiscal year to 11, while continuing to separate oversight by the Board of Directors from business execution by executive officers. - FY2019RestatedAnnual report
「The Board of Directors consists of 15 directors, including 3 directors who are Audit and Supervisory Committee members (as of the date of submission of the annual securities report). It meets monthly as the company's highest decision-making body for important management matters and strives to respond promptly. The Board of Directors is responsible for making decisions on business execution and supervising business execution. The company has introduced an executive officer system to promote the separation of business execution functions.」
The company continues to operate as a company with an Audit and Supervisory Committee, with a Board of Directors and Audit and Supervisory Committee, while separating decision-making and oversight from business execution through its executive officer system. - FY2018RestatedAnnual report
「We are a company with an Audit and Supervisory Committee and have established a Board of Directors, an Audit and Supervisory Committee and an accounting auditor. The company's corporate organs and internal control structure are described below. Given our company size and the businesses we operate, however, we believe that the current structure is fully capable of enabling prompt decision-making.」
The company continues to operate as a company with an Audit and Supervisory Committee, with a Board of Directors, Audit and Supervisory Committee, and accounting auditor, while separating executive functions performed by executive officers. - FY2017RestatedAnnual report
「We are a company with an Audit and Supervisory Committee and have established a Board of Directors, an Audit and Supervisory Committee and an accounting auditor. The company's corporate organs and internal control structure are described below. Given our company size and the businesses we operate, however, we believe that the current structure is fully capable of enabling prompt decision-making.」
The company continues to operate as a company with an Audit and Supervisory Committee, with a Board of Directors, Audit and Supervisory Committee, and accounting auditor. - FY2016First statedAnnual report
「We are a company with an Audit and Supervisory Committee and have established a Board of Directors, an Audit and Supervisory Committee and an accounting auditor.” “We have introduced an executive officer system to promote the separation of business execution functions.」
Following the transition to a company with an Audit and Supervisory Committee, we are advancing the separation of decision-making and supervision by the Board of Directors from business execution by executive officers.