Strengthening Oversight Functions by Changing to a Company with an Audit and Supervisory Committee
First written in FY2024. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「In addition, the Company introduced a delegated executive officer system on 26 June 2025, separating management decision-making and oversight from business execution to strengthen the functions of the Board of Directors and accelerate business operations.」
Following the transition to a company with an Audit and Supervisory Committee, the Company implemented a delegated executive officer system and advanced the separation of Board oversight from business execution. It also disclosed a review of the Audit and Supervisory Committee Office, dual reporting lines and the skills matrix. - FY2025AdvancedAnnual report
「Following approval of amendments to the Articles of Incorporation at the annual general meeting of shareholders held on 26 June 2024, the Bank changed from a Company with an Audit & Supervisory Committee. By adopting the organizational structure of a Company with an Audit & Supervisory Committee, the Bank aims to strengthen the supervisory function and speed up management decision-making, and is working to strengthen and enhance its corporate governance structure.」
Following the change to a Company with an Audit & Supervisory Committee, the Bank established the Audit & Supervisory Committee, the Audit & Supervisory Committee Office and dual reporting lines. It also plans to introduce a delegated executive officer system from 26 June 2025. - FY2024First statedAnnual report
「Following approval of amendments to the Articles of Incorporation at the annual general meeting of shareholders held on 26 June 2024, the Bank changed from a Company with an Audit & Supervisory Board to a Company with an Audit & Supervisory Committee. In connection with this change, it established an Audit & Supervisory Committee comprising 4 Directors serving as Audit & Supervisory Committee Members, with the aim of strengthening the supervisory function and speeding up management decision-making, while ensuring appropriate auditing and supervision of directors' execution of their duties and strengthening checks on management.」
On 26 June 2024, the Bank changed from a Company with an Audit & Supervisory Board to a Company with an Audit & Supervisory Committee, introducing an audit and supervisory structure comprising 4 Audit & Supervisory Committee Members and speeding up decision-making by delegating important business execution.