Separation of the Board’s Supervisory Function from Executive Officers’ Business Execution Function
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「An executive officer system has been introduced, separating the Board of Directors' functions of making management decisions and supervising execution from the executive officers' function of executing operations, thereby strengthening each function.」
The system separating the Board of Directors' supervisory and decision-making functions from the executive officers' operational execution function continues to be adopted. - FY2025RestatedAnnual report
「An executive officer system has been introduced, separating the Board of Directors' functions of making management decisions and supervising execution from the executive officers' function of executing operations, thereby strengthening each function.」
The separation of the functions of the Board of Directors and executive officers continues as a structure for strengthening management oversight and operational execution. - FY2021RestatedAnnual report
「An executive officer system has been introduced, separating the Board of Directors' functions of making management decisions and supervising execution from the executive officers' function of executing operations, thereby strengthening each function.」
The separation of the Board of Directors' decision-making and supervisory functions from the executive officers' operational execution function continues. - FY2019RestatedAnnual report
「An executive officer system has been introduced, separating the Board of Directors' functions of making management decisions and supervising execution from the executive officers' function of executing operations, thereby strengthening each function.」
The system separating the Board of Directors' decision-making and supervisory functions from the executive officers' operational execution function continues. - FY2018RestatedAnnual report
「The Board of Directors' functions of making management decisions and supervising execution are separated from the executive officers' function of executing operations, with each function being strengthened.」
The separation of the functions of the Board of Directors and executive officers is reconfirmed as a mechanism for strengthening decision-making and supervision, strengthening operational execution and enabling faster management. - FY2017RestatedAnnual report
「The company introduced an executive officer system on 27 June 2006 to separate the Board of Directors' functions of making management decisions and supervising execution from the executive officers' function of executing operations, thereby strengthening each function.」
The separation of the functions of the Board of Directors and executive officers is reconfirmed as a mechanism for strengthening decision-making and supervision, strengthening operational execution and enabling faster management. - FY2016First statedAnnual report
「The Board of Directors' functions of making management decisions and supervising execution are separated from the executive officers' function of executing operations, with each function being strengthened.」
The separation of the functions of the Board of Directors and executive officers is described as a mechanism for faster decision-making, supervision and stronger corporate governance. 2 outside directors and 2 outside corporate auditors have also been appointed.