Clarifying Oversight and Business Execution Functions through the Executive Officer System
First written in FY2024-Q1. 2 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 2 of 19 companies on the "Worse" side.
13 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company has 8 executive officers: Matsuura Hidetaka (松浦 秀隆), Head of Administration, General Manager of the Human Resources Department and General Manager of the General Affairs Department; Takada Yasuyuki (高田 康行), Head of Business Transformation; Arai Hiroshi (荒井 宏), Head of Finance; Morimoto Kazuhiko (森本 和彦), General Manager of the Group Companies Management Office; Ikenaga Atsushi (池永 篤史), assigned to the Human Resources Department; Taninaka Hiroshi (谷中 博史), General Manager of the Overseas Business Promotion Office; Izumida Hiroshi (和泉田 博史), General Manager of the Corporate Planning Office and General Manager of the Safety Management and Labor Reform Promotion Office; and Kobayashi Sotaro (小林 聡太郎), General Manager of the Marketing Promotion Office.」
While the purpose of the executive officer system has been maintained, its composition has expanded from 2 executive officers previously to 8, with responsibilities including business transformation, overseas operations, and safety management also specified. - FY20241 executive officer addedAnnual report
「We have introduced an executive officer system to further invigorate the Board of Directors, clearly separate the Board's decision-making and oversight of business execution from the business execution functions of each division, and improve management efficiency. The company has 2 senior executive officers: Matsuura Hidetaka (松浦 秀隆), General Manager of the Human Resources Department and General Manager of the General Affairs Department, and Okamoto Shigeki (岡元 重樹), General Manager of the Finance Division. It has 2 executive officers: Taninaka Hiroshi (谷中 博史), General Manager of the International Department, and Ikenaga Atsushi (池永 篤史), General Manager of Head Office General Affairs.」
While the purpose of the executive officer system remains unchanged, its composition has changed from 1 executive officer as previously stated to 2 this time. - FY2024-Q3RestatedAnnual report
「We have introduced an executive officer system to further invigorate the Board of Directors, clearly separate the Board's decision-making and oversight of business execution from the business execution functions of each division, and improve management efficiency. The company has 2 senior executive officers: Matsuura Hidetaka (松浦 秀隆), General Manager of the Human Resources Department and General Manager of the General Affairs Department, and Okamoto Shigeki (岡元 重樹), General Manager of the Finance Division. It has 1 executive officer: Taninaka Hiroshi (谷中 博史), General Manager of the Corporate Planning Office.」
The distinction between oversight and business execution through the executive officer system is repeated, along with the composition of 2 senior executive officers and 1 executive officer. - FY2024-Q2RestatedAnnual report
「We introduced an executive officer system to further invigorate the Board of Directors, clearly separate the Board’s decision-making and supervisory functions from the business divisions’ execution functions, and improve management efficiency.」
The distinction between the Board of Directors' oversight function and business execution function through the executive officer system is repeated. - FY2024-Q1First statedAnnual report
「We introduced an executive officer system to further invigorate the Board of Directors, clearly separate the Board’s decision-making and supervisory functions from the business divisions’ execution functions, and improve management efficiency.」
The executive officer system is described as a means of invigorating the Board of Directors, separating oversight from business execution, and improving management efficiency.