Separation of Oversight and Execution through the Management Committee
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2021.
- FY2021RestatedAnnual report
「The company has established the Management Committee as the decision-making body for important business execution matters in order to strengthen its management oversight function by separating oversight from execution. Based on the basic policies established by the Board of Directors, the Management Committee deliberates important management matters to support appropriate and prompt decision-making and efficient business execution. During the consolidated fiscal year, the Management Committee met 12 times.」
The company has continued the structure separating oversight and execution through the Management Committee, deliberation of important matters and prompt decision-making, and held 12 meetings during the year. - FY2019First statedAnnual report
「In February 2018, the company established the Management Committee as the decision-making body for important business execution matters in order to strengthen its management oversight function by separating oversight from execution. Based on the basic policies established by the Board of Directors, the Management Committee deliberates important management matters to support appropriate and prompt decision-making and efficient business execution.」
The company describes a structure under which oversight by the Board of Directors is separated from decision-making on important business execution matters by the Management Committee, which was newly established.