Governance structure separating oversight and execution functions
First written in FY2016. 3 of 9 entries say "Restated". Latest entry: 2026-06-23.
- FY2026Executive officers who also serve as directors scheduled to change from 2 to 1Annual report
「Hirawa Mitsugu (平輪 貢), one of the directors who also serves as an executive officer, is scheduled to retire from office at the conclusion of the 81st Annual General Meeting of Shareholders scheduled for 24 June 2026. After his retirement, there will be 8 executive officers, including 1 who also serves as a director.」
While maintaining the structure separating oversight and execution, the number of directors who also serve as executive officers is scheduled to change from 2 to 1. - FY2024RestatedAnnual report
「To clearly separate management oversight from execution, we appoint 8 executive officers, including 4 who also serve as directors. The executive officers are required to submit reports on business execution to the Board of Directors.」
The Company continues to separate oversight and execution through its status as a company with an Audit and Supervisory Committee, 8 executive officers, a Management Meeting generally held once a month, and reports on business execution to the Board of Directors. - FY2022Executive Officers' Meeting and management meeting procedures specifiedAnnual report
「To clearly separate management oversight from execution, we appoint 8 executive officers, including 4 who also serve as directors. The executive officers are required to submit reports on business execution to the Board of Directors.」
The Company continues to maintain the structure separating oversight and execution, and describes the acceleration of business execution through 8 executive officers and a Management Meeting generally held once a month. - FY2020AdvancedAnnual report
「To clearly separate management oversight from execution, we appoint 10 executive officers, including 5 who also serve as directors. The executive officers are required to submit reports on business execution to the Board of Directors.」
While maintaining the structure separating oversight and execution, the number of executive officers changed from 7 to 10, and the Company described the practice of generally holding the Management Meeting once a month. - FY2018AdvancedAnnual report
「To clearly separate management oversight from execution, we appoint 7 executive officers, including 5 who also serve as directors. The executive officers are required to submit reports on business execution to the Board of Directors.」
While maintaining the policy of separating oversight and execution, the Company has specified a structure with 7 executive officers and a Management Meeting attended by executive officers and senior management, generally held once a month. - FY2017RestatedAnnual report
「To clearly separate management oversight from execution, we appoint 8 executive officers, including 5 who also serve as directors. The executive officers are required to submit reports on business execution to the Board of Directors.」
The Company continues to maintain a structure separating oversight and execution through its status as a company with an Audit and Supervisory Committee, 8 executive officers and monthly meetings of the Executive Officers' Meeting. - FY2016First statedAnnual report
「To clearly separate management oversight from execution, we appoint 8 executive officers, including 5 who also serve as directors. The executive officers are required to submit reports on business execution to the Board of Directors.」
The Company is transitioning to a company with an Audit and Supervisory Committee, with a Board of Directors of 9 members, 3 Audit and Supervisory Committee members and 8 executive officers. It is advancing the separation of oversight and execution, centered on the Executive Officers' Meeting, and accelerating decision-making.