Enhancement of the Governance Framework and Separation of Decision-Making and Oversight Functions
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The functions of decision-making and oversight have been separated from the functions of business execution, and the Board of Directors has been positioned as the body responsible for making management decisions and overseeing business execution.」
The company continues its governance policy of separating decision-making and oversight from business execution and delegating responsibility and authority to executive officers. - FY2023RestatedAnnual report
「The company aims to build a system for the proper execution of decision-making, business operations and oversight thereof, enhance the legality, efficiency and transparency of management, and further strengthen corporate governance.」
The company continues its governance policy of ensuring the proper conduct of decision-making, business execution and oversight, and improving the legality, efficiency and transparency of management. - FY2019RestatedAnnual report
「The functions of decision-making and oversight have been separated from the functions of business execution, and the Board of Directors has been positioned as the body responsible for making management decisions and overseeing business execution.」
The company continues its governance policy of separating decision-making and oversight from business execution, with the Board of Directors, including outside directors, providing oversight. - FY2017RestatedAnnual report
「The company recognises the importance of corporate ethics, seeks to improve the soundness of management and believes that it should manage the business with a focus on shareholder value. From the standpoint of strengthening competitiveness, it also aims to accelerate management decision-making. At the same time, to achieve sustainable enhancement of corporate value, it is building a system for the proper execution of decision-making, business operations and oversight thereof, enhancing the legality, efficiency and transparency of management, with a focus on further strengthening corporate governance.」
The company has reaffirmed its governance policy of ensuring the proper conduct of decision-making, business execution and oversight, accelerating management decision-making, and improving legality and transparency. - FY2016First statedAnnual report
「In response to the enforcement of the amended Companies Act and the application of the Corporate Governance Code, the company aims to advance its governance framework, establish a compliance system and accelerate management decision-making. At the same time, to achieve sustainable enhancement of corporate value, it is building a system for the proper execution of decision-making, business operations and oversight thereof, enhancing the legality, efficiency and transparency of management, with a focus on further strengthening corporate governance.」
Taking the amendment of the Companies Act and the Corporate Governance Code as an opportunity, the company has set out the proper conduct of decision-making, business execution and oversight, together with greater management transparency.