Delegation of Authority Under the Executive Officer System and Strengthening of Board Functions
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「In addition, a joint meeting of directors and executive officers, comprising full-time directors, executive officers, and full-time Audit & Supervisory Board members, is held once a month to deliberate important matters concerning the execution of business, as well as to share information and facilitate communication.」
The company reconfirmed the delegation of authority under the executive officer system and the practice of holding a joint meeting of directors and executive officers once a month. - FY2020Joint meeting of directors and executive officers held once a monthAnnual report
「In addition, a joint meeting of directors and executive officers, comprising full-time directors, executive officers, and full-time Audit & Supervisory Board members, is held once a month to deliberate important matters concerning the execution of business, as well as to share information and facilitate communication.」
The company describes an operating framework that combines mechanisms for decision-making and delegation of authority with a joint meeting held once a month. - FY2018RestatedAnnual report
「The company holds a management committee meeting twice a month, comprising directors at the level of managing director or above, to deliberate matters to be submitted to the Board of Directors and important matters concerning the execution of business, as well as to share information and facilitate communication. In addition, we have introduced an executive officer system and are working to invigorate the Board of Directors in order to accelerate decision-making and promote the delegation of authority.」
The company states that the management committee meets twice a month and that authority is delegated under the executive officer system to invigorate the Board of Directors. - FY2017RestatedAnnual report
「We have introduced an executive officer system and are working to invigorate the Board of Directors in order to accelerate decision-making and promote the delegation of authority.」
The company continues to delegate authority under the executive officer system and strengthen the Board of Directors’ strategic decision-making and oversight functions. - FY2016First statedAnnual report
「We have introduced an executive officer system and are working to invigorate the Board of Directors in order to accelerate decision-making and promote the delegation of authority.」
A framework for strengthening strategic decision-making and oversight functions through the delegation of authority to executive officers.