Clarifying Executive Authority and Enhancing Management Agility Through the Introduction of an Executive Officer System
First written in FY2019. 1 of 3 entries say "Advanced", first in FY2020. Latest entry: FY2022.
- FY2022ReframedAnnual report
「We introduced a delegated executive officer system on 1 April 2022. To further strengthen corporate governance, the system separates the Board of Directors' management decision-making and supervisory functions from its business execution function, with the aim of clarifying responsibility for business execution and improving agility.」
From 1 April 2022, the previous executive officer system was reorganized as a delegated executive officer system, separating the Board of Directors' supervisory and business execution functions. - FY2020AdvancedAnnual report
「In addition, we hold weekly meetings of the executive officer meeting, comprising 9 executive officers, and management meetings attended by employees, thereby working to ensure appropriate management decisions and prompt business execution.」
The company describes in detail how the executive officer system introduced in April 2019 operates through a 9-member executive officer meeting and weekly management meetings. - FY2019First statedAnnual report
「We introduced an executive officer system on 1 April 2019. To respond appropriately and promptly to changes in the management environment surrounding our business, the system assigns directors the primary roles of making management decisions and supervising business execution, while clarifying executive authority and responsibility through the introduction of executive officers. It also aims to enhance management agility by establishing a structure in which executive officers execute business under the direction and supervision of the representative directors.」
The company introduced an executive officer system on 1 April 2019 and established a structure separating the roles and responsibilities of directors and executive officers.