Separation of the Board’s Supervisory Function from Executive Officers’ Business Execution Function
First written in FY2016. 5 of 12 entries say "Restated". Latest entry: 2026-06-30.
- 2026-06-30RestatedGovernance
「Board of Directors Outside directors: 3, including Audit and Supervisory Committee members Representative Director Overall supervision Group-affiliated companies (operating companies)」
The diagram reconfirms the division of responsibilities under which the Board of Directors supervises and the Representative Director oversees overall operations, together with the Board structure including outside directors. - FY2026AdvancedAnnual report
「The Company has introduced an executive officer system. By having executive officers assume part of the business execution function, the Company seeks to accelerate and improve the efficiency of management decision-making by the Board of Directors and strengthen its supervisory function. As of the date of submission of this document, the Board of Directors has appointed 6 executive officers, comprising 1 managing executive officer, 3 senior executive officers and 2 executive officers.」
The Company expanded the number of executive officers from 3 to 6, putting into practice faster and more efficient decision-making by the Board of Directors and a strengthened supervisory function. - FY2025AdvancedAnnual report
「The Company has introduced an executive officer system and, as of the date of submission of this document, the Board of Directors has appointed 3 executive officers, comprising 2 managing executive officers and 1 senior executive officer. By having executive officers assume part of the business execution function, the Company seeks to accelerate and improve the efficiency of management decision-making by the Board of Directors and strengthen its supervisory function.」
The Company has put its separation of functions between the Board of Directors and executive officers into practice by appointing 3 executive officers to accelerate decision-making and strengthen the supervisory function. - FY2024The board composition changed to 8 directors.Annual report
「The Company is a company with an Audit and Supervisory Committee and, as of the date of submission of this document, has a management structure comprising 8 directors, including 3 outside directors and 3 directors who are Audit and Supervisory Committee members.」
While continuing its structure as a company with an Audit and Supervisory Committee, the Company reduced the number of directors from 10 in the previous fiscal year to 8, including 3 outside directors. - FY2023RestatedAnnual report
「The Company is a company with an Audit and Supervisory Committee and, as of the date of submission of this document, has a management structure comprising 10 directors, including 3 outside directors and 3 directors who are Audit and Supervisory Committee members.」
The Company has reconfirmed its structure as a company with an Audit and Supervisory Committee, comprising 10 directors, including 3 outside directors and 3 Audit and Supervisory Committee members. - FY2022The board composition changed to 10 directors.Annual report
「The Company is a company with an Audit and Supervisory Committee and, as of the date of submission of this document, has a management structure comprising 10 directors, including 3 outside directors and 3 directors who are Audit and Supervisory Committee members.」
While continuing its structure as a company with an Audit and Supervisory Committee, the board composition changed from the previously stated 8 directors to 10, including 3 outside directors. - FY2021RestatedAnnual report
「Effective 23 June 2017, the Company transitioned to a company with an Audit and Supervisory Committee and adopted a management structure comprising 8 directors, including 3 directors who are Audit and Supervisory Committee members.」
The Company has reconfirmed its structure as a company with an Audit and Supervisory Committee, comprising 8 directors, including 3 Audit and Supervisory Committee members. - FY2020The board composition changed to 8 directors.Annual report
「Effective 23 June 2017, the Company transitioned to a company with an Audit and Supervisory Committee and adopted a management structure comprising 8 directors, including 3 directors who are Audit and Supervisory Committee members.」
While continuing its structure as a company with an Audit and Supervisory Committee, the Company reduced the board composition from the previously stated 9 directors to 8. - FY2019RestatedAnnual report
「Effective 23 June 2017, the Company transitioned to a company with an Audit and Supervisory Committee and adopted a management structure comprising 9 directors, including 3 directors who are Audit and Supervisory Committee members.」
The Company has reconfirmed the supervisory function of directors who are Audit and Supervisory Committee members and the executive structure led by directors responsible for business execution, together with the post-transition composition of 9 directors, including 3 Audit and Supervisory Committee members. - FY2016First statedAnnual report
「To enable rapid decision-making and execution even in a rapidly changing business environment, we have introduced an executive officer system and separated the Board of Directors' supervisory function from the executive officers' business execution function, creating an environment in which directors can focus on supervising execution and executive officers can focus on execution.」
Separates the functions of the Board and executive officers to facilitate rapid decision-making.