Management of Group Companies under the Regulations for Management of Affiliated Companies
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「In addition, the Company’s directors also serve as directors of subsidiaries and supervise the execution of duties by the subsidiaries’ directors and other officers. The Audit & Supervisory Board Members and the Audit Office also audit the subsidiaries and conduct monitoring appropriate to group management.」
The Company continues to have its directors concurrently serve as subsidiary officers, with its Audit & Supervisory Board Members and Audit Office conducting audits and monitoring of the subsidiaries. - FY2021RestatedAnnual report
「In addition, the Company’s directors also serve as directors of subsidiaries and supervise the execution of duties by the subsidiaries’ directors and other officers. The Audit & Supervisory Board Members and the Audit Office also audit the subsidiaries and conduct monitoring appropriate to group management.」
The Company continues to have its directors concurrently serve as subsidiary officers, with its Audit & Supervisory Board Members and Audit Office conducting audits and monitoring of the subsidiaries. - FY2020AdvancedAnnual report
「In addition, the Company’s directors also serve as directors of subsidiaries and supervise the execution of duties by the subsidiaries’ directors and other officers. The Audit & Supervisory Board Members and the Audit Office also audit the subsidiaries and conduct monitoring appropriate to group management.」
In addition to the Rules for Management of Affiliated Companies and oversight by the Planning Office, the Company has specifically disclosed that its directors also serve as subsidiary directors and that its Audit & Supervisory Board Members and Audit Office audit the subsidiaries. - FY2019First statedAnnual report
「To ensure the proper conduct of the subsidiaries’ operations, the Company’s Planning Office establishes and oversees the subsidiaries’ management control system in accordance with the Rules for Management of Affiliated Companies. Important matters must be submitted for prior approval or reported in advance.」
The Company describes its system for managing subsidiaries through the Rules for Management of Affiliated Companies, oversight by the Planning Office, and prior approval and reporting of important matters.