Strengthening Governance by Separating Oversight and Business Execution
First written in FY2016. 6 of 11 entries say "Restated". Latest entry: 2026-06-25.
- FY2024AdvancedAnnual report
「The Board of Directors consists of 8 directors, including 4 outside directors. … In addition, we have introduced an executive officer system to speed up decision-making by the Board of Directors, strengthen its oversight function, and enable agile business execution.」
The Board of Directors now consists of 8 members, including 4 outside directors, and we continue to separate oversight from business execution through the executive officer system. The Governance Committee also consists of the President and 4 outside directors. - FY2023AdvancedAnnual report
「The Board of Directors consists of 7 directors, including 3 outside directors. In principle, the Board meets at least once a month to make decisions on important matters relating to management and business execution and to oversee the execution of directors' duties.」
The number of Board members increased from the previous 6 to 7, while the oversight structure, including 3 outside directors, continues. - FY2021RestatedAnnual report
「In addition, we have introduced an executive officer system to speed up decision-making by the Board of Directors, strengthen its oversight function, and enable agile business execution. … The Board of Directors consists of 6 directors, including 3 outside directors.」
We continue to separate oversight from business execution through the executive officer system, with a Board of Directors comprising 6 directors, including 3 outside directors. - FY2020AdvancedAnnual report
「In addition, we have introduced an executive officer system to speed up decision-making by the Board of Directors, strengthen its oversight function, and enable agile business execution. … The Board of Directors consists of 6 directors, including 3 outside directors.」
The company describes a structure that continues to provide agile business execution through the executive officer system and strengthened oversight, while increasing the number of outside directors from 2 to 3. - FY2019RestatedAnnual report
「In addition, we have introduced an executive officer system to speed up decision-making by the Board of Directors, strengthen its oversight function, and enable agile business execution. This system has been adopted because our Group's business areas are not highly diversified and because we seek to establish an effective and efficient governance structure appropriate to our business scale. We are also strengthening and enhancing oversight of management by appointing multiple outside directors alongside the functions of the corporate auditors.」
We continue to enable agile business execution through the executive officer system and strengthen oversight through the corporate auditors and multiple outside directors. The Board of Directors consists of 6 members, including 2 outside directors. - FY2017RestatedAnnual report
「In addition, to separate management decision-making and oversight from business execution, we have introduced an executive officer system to strengthen the Board of Directors' oversight function and enable more agile business execution by executive officers.」
We continue to separate oversight from business execution through the executive officer system, multiple outside directors, the Board of Directors, and the Management Committee. - FY2016First statedAnnual report
「In addition, to separate management decision-making and oversight from business execution, we have introduced an executive officer system to strengthen the Board of Directors' oversight function and enable more agile business execution by executive officers.」
The framework combines a corporate auditor system, multiple outside directors, an executive officer system, the Board of Directors, and the Management Committee.