Faster Decision-Making and Stronger Oversight Through the Executive Officer System
First written in FY2019. 2 of 4 entries say "Advanced", first in FY2020. Latest entry: FY2023.
- FY2023RestatedAnnual report
「The executive officer meeting is held in principle once a week to deliberate and decide important matters concerning business execution and to serve as a preliminary deliberative body for the Board of Directors,」
The company continues its executive officer system, oversight by the Board of Directors and weekly deliberation of business execution by the executive officer meeting. - FY2021AdvancedAnnual report
「The company has introduced an executive officer system to accelerate management decision-making and business execution while strengthening oversight. Executive officers execute the operations of their respective departments based on the organizational regulations and authority regulations established by the Board of Directors.」
The company continues to operate the executive officer system, with defined divisions of responsibility including oversight by the Board of Directors, progress reports at executive officer meetings and meetings held in principle once a week. - FY2020AdvancedAnnual report
「The company has introduced an executive officer system to accelerate management decision-making and business execution while strengthening oversight. Executive officers execute the operations of their respective departments based on the organizational regulations and authority regulations established by the Board of Directors.」
The company has specified the operating framework for the executive officer system introduced in May 2019, including target-setting and progress oversight by the Board of Directors, executive officer meetings held in principle once a week, and delegation of business execution. - FY2019First statedAnnual report
「At a Board of Directors meeting held on 10 April 2019, the company resolved to introduce an executive officer system from 24 May 2019.」
The company first presented as an independent initiative a system intended to reduce the number of directors to 6, have outside directors account for one-third of the Board, divide decision-making by the directors from execution of duties by executive officers, and appoint and develop younger talent.