Strengthening governance by separating oversight and execution
First written in FY2016. 5 of 9 entries say "Advanced", first in FY2020. Latest entry: 2026-07-09.
The whole theme swung hardest in 2021: 3 of 37 companies on the "Worse" side.
21 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Following the change in structure resulting from the bank merger, we will reorganize the functions and responsibilities of the holding company and the bank and work to establish a management structure capable of responding to changes in the environment more rapidly than before.」
Regarding governance based on the separation of oversight and execution, the Company is moving to reorganize the functions and responsibilities of the holding company and the bank following the bank merger. - FY2021AdvancedAnnual report
「The Risk Committee comprises the executive officer serving as CRO, who chairs the committee, and 4 outside directors serving as members. It verifies the status of business execution relating to various risks and the planning and operation of the risk appetite framework to be developed. The Risk Management Group serves as its secretariat, and the committee generally meets once per quarter.」
The Risk Committee established in June 2020 is described in detail, including its composition of the CRO and 4 outside directors, review of the risk appetite framework, and quarterly meetings. - FY2020AdvancedAnnual report
「Effective 23 June 2020, the Company established a Risk Committee as a voluntary body under the Board of Directors. The Risk Committee comprises the executive officer serving as CRO, who chairs the committee, and 3 outside directors serving as members.」
A Risk Committee comprising the CRO and 3 outside directors was established effective 23 June 2020. - FY2019RestatedAnnual report
「The Company has adopted a company with three committees structure and is further strengthening its governance framework by separating oversight from business execution. At the same time, it is seeking to establish a framework for faster business execution by substantially transferring decision-making authority for business execution from the Board of Directors to executive officers. In addition, the Nomination Committee, Audit Committee, and Compensation Committee, each composed primarily of outside directors, determine director appointments and executive compensation and conduct audits, thereby enhancing management transparency.」
The Company continues its governance structure based on a company with three committees, separation of oversight and execution, transfer of authority to executive officers, and committees led by outside directors. - FY2018RestatedAnnual report
「The Company has adopted a company with three committees structure and is further strengthening its governance framework by separating oversight from business execution. At the same time, it is seeking to establish a framework for faster business execution by substantially transferring decision-making authority for business execution from the Board of Directors to executive officers.」
The Company reiterates its governance structure based on a company with three committees, separation of oversight and execution, and the transfer of authority to executive officers. - FY2017RestatedAnnual report
「The Company has adopted a company with three committees structure and is further strengthening its governance framework by separating oversight from business execution. At the same time, it is seeking to establish a framework for faster business execution by substantially transferring decision-making authority for business execution from the Board of Directors to executive officers.」
The Company reiterates its governance structure based on a company with three committees, separation of oversight and execution, and the transfer of authority to executive officers. - FY2016First statedAnnual report
「The Company has adopted a company with three committees structure and is further strengthening its governance framework by separating oversight from business execution. At the same time, it is seeking to establish a framework for faster business execution by substantially transferring decision-making authority for business execution from the Board of Directors to executive officers.」
Nomination, audit, and compensation committees, a majority of outside directors, and the transfer of authority to executive officers form the governance structure.