Developing Next-Generation Management Through Succession Planning
First written in FY2019. 3 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2025-H1.
The whole theme swung hardest in 2022: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2025-H1Change in ResponsibilitiesAnnual report
「Representative Director and President Representative Director and President 兼 Head of the Strategy Promotion Group Sato Masataka (佐藤 昌孝) 1 August 2024」
It was disclosed that, effective 1 August 2024, Sato Masataka (佐藤昌孝)'s role changed from Representative Director and President兼 Head of the Strategy Promotion Group to Representative Director and President. - FY2024AdvancedAnnual report
「June 2024: Representative Director and President of the company, also responsible for the Strategic Planning Group (current position)」
Regarding the management structure under the succession plan, Sato Masataka (佐藤昌孝) became Representative Director and President of the company in June 2024 and assumed responsibility for the Strategic Planning Group. - FY2022-Q1AdvancedAnnual report
「In June, the company and 東海東京証券 implemented changes in their representative directors. At the same time, the company abolished the position of Chief Executive Officer and changed to a new management structure based on agreement between Representative Director and Chairman Ishida Tatsuaki (石田建昭) and Representative Director and President Goda Ichiro (合田一朗). As the Group's business platform has expanded significantly and its operations have become increasingly diverse alongside the execution of various strategies, the company determined that a broader management structure was necessary to support more sophisticated management decisions. As part of the succession plan, it decided to move to a joint-management structure, taking into account management stability and continuity and reflecting the views of external experts and outside directors and discussions by the Nomination and Compensation Committee.」
Based on the succession plan, the company and 東海東京証券 implemented changes in their representative directors. The company abolished the position of Chief Executive Officer and moved to a joint-management structure based on agreement between the Representative Director and Chairman and the Representative Director and President. - FY2021AdvancedAnnual report
「In the same month, the company and 東海東京証券 announced that changes in their representative directors had been decided. The changes were made as part of the succession plan and were based on the views of external experts and outside directors and discussions by the Nomination and Compensation Committee. The changes were formally decided by resolutions of the 109th Annual General Meeting of Shareholders in June and the subsequent Board of Directors meetings.」
Regarding the succession plan, the changes in the representative directors of the company and 東海東京証券 were formally decided following the involvement of external experts, outside directors, and the Nomination and Compensation Committee. - FY2019First statedAnnual report
「As part of the Group's succession plan, the representative directors of 東海東京証券 changed on 1 April this year, with Yamane Hideaki (山根秀昭) becoming Representative Director and Chairman and Goda Ichiro (合田一郎) becoming Representative Director and President. In view of the expansion of the Group's business, the Group has recognized that strengthening Group management capabilities and developing next-generation management are important management issues. Since 2017, it has incorporated advice from external experts, discussed the matter with the Nomination and Compensation Committee and outside directors, and built and enhanced the process.」
Since 2017, the company has built a succession-development process involving external experts, the Nomination and Compensation Committee, and outside directors, and implemented a change in the representative director of a major subsidiary.