Board Monitoring and Improvements in Operating Company Operational Quality under Medium-Term Management Plan 2020
First written in FY2018. 7 of 10 entries say "Advanced", first in FY2019. Latest entry: FY2025.
3 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Based on the above 3 points, the company decided to expand the scope of matters delegated to the Management Committee, including individual matters such as investment projects, and to change the organizational structure required for that purpose to a company with an Audit & Supervisory Committee.」
Based on the Board effectiveness evaluation, the company decided to expand the delegation of authority to the Management Committee and change to a company with an Audit & Supervisory Committee. - FY2024AdvancedAnnual report
「The dedicated organization established in fiscal 2023 to support communication between the Board of Directors and the executive side has begun operating, and was assessed as having improved the organization of key discussion points and the refinement of materials submitted to the Board.」
The company began operating a dedicated organization connecting the Board of Directors and the executive side, and confirmed improvements in materials submitted to the Board and the organization of key discussion points. The Board also held a total of 4 discussions on the next medium-term management plan at off-site meetings. - FY2023AdvancedAnnual report
「The company will improve the quality of discussions at Board meetings by establishing a dedicated organization to support communication between the Board of Directors and the executive side, and by further advancing initiatives such as reviewing matters to be submitted to the Board, preparing concise submission materials, and organizing key discussion points.」
The company presented initiatives to improve the quality of Board discussions by establishing a dedicated organization to support communication between the Board of Directors and the executive side, as well as the organization of matters, materials, and key discussion points submitted to the Board. - FY2022AdvancedAnnual report
「In fiscal 2021, as one of the Board’s agenda items, the company focused on monitoring progress on the various SHIFT 2023 initiatives, including shifts in the business portfolio, and the medium-term targets for the 6 “important social issues.”」
Through the Board’s agenda-setting process, the company monitored the SHIFT 2023 business portfolio, medium-term targets for important social issues, and progress on business-unit strategies. - FY2021AdvancedAnnual report
「It was confirmed that in fiscal 2021 the company would continue working to further enhance discussions on important management strategies and policies, as an issue for further improving the effectiveness of the Board of Directors, and would undertake initiatives including progress reviews of the new medium-term management plan, covering the monitoring of resource allocation, business portfolio strategy, and sustainability management measures.」
Based on the Board effectiveness evaluation, the company explicitly identified reviews of resource allocation, the business portfolio, and progress on sustainability initiatives under SHIFT 2023 as matters for oversight. - FY2020AdvancedAnnual report
「In addition to reports to the Board of Directors on the progress and issues relating to each business unit’s strategy and policies for addressing those issues, reports on the activities of major committees, and portfolio reports on concentration risks such as market volatility risk and country risk, the company worked to further strengthen the Board’s monitoring of execution through discussions at Board off-site sessions on various important management issues, including ESG (environmental, social and governance).」
The Board of Directors reported and discussed progress and issues relating to business-unit strategies, concentration risks, and important issues including ESG, and expanded the scope of monitoring by using off-site sessions as well. - FY2020-Q3RestatedAnnual report
「The company is also working to further strengthen its management foundation through enhanced governance, an enhanced talent strategy, and improved financial soundness.」
The company continues to position the enhancement of governance under the Medium-Term Management Plan 2020 as a measure to strengthen its management foundation. - FY2020-Q2RestatedAnnual report
「The company is also working to further strengthen its management foundation through enhanced governance, an enhanced talent strategy, and improved financial soundness.」
The company continues to position the enhancement of governance under the Medium-Term Management Plan 2020 as a measure to strengthen its management foundation. - FY2019AdvancedAnnual report
「The company is expanding the scope of monitoring by the Board of Directors and strengthening the Board’s monitoring of management execution, including by enhancing reports from each business unit on its strategy and progress, as well as portfolio reports on concentration risks such as market volatility risk and country risk.」
The company expanded reporting on business-unit strategies and progress and concentration risks, thereby actually broadening the scope of Board monitoring. Under its internal control framework, it also engaged in dialogue with subsidiaries using group-standard tools. - FY2018First statedAnnual report
「The company will strengthen the Board of Directors’ monitoring function by enhancing reports on its business portfolio strategy and will work to improve operating quality at group companies through internal control initiatives in order to strengthen governance across the group.」
The company newly presented a policy to extend the governance reforms advanced under BBBO2017 to business portfolio reporting and improvements in operating quality at group companies.