Subsidiary Management under the Group Executive Committee and the Regulations on Management of Affiliated Companies
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2021.
- FY2021RestatedAnnual report
「To ensure the proper conduct of its subsidiaries' operations, the Company's directors also serve as directors of each subsidiary, and the boards of directors of Group companies report on and discuss business progress and important matters. The Company also appropriately oversees subsidiary management in accordance with the Affiliated Company Management Regulations. The Audit Office conducts audits of subsidiaries' accounting and operations as necessary, and Audit and Supervisory Committee members also conduct audits as needed.」
The statement reaffirms subsidiary management through concurrent directorships, subsidiary boards of directors, the Affiliated Company Management Regulations, and the Audit Office and Audit and Supervisory Committee members. - FY2019RestatedAnnual report
「The Company's directors also serve as directors of each subsidiary, and the boards of directors of Group companies report on and discuss business progress and important matters.」
The statement reaffirms subsidiary management through concurrent directorships, subsidiary boards of directors, the Affiliated Company Management Regulations, and the Audit Office and Audit and Supervisory Committee members. - FY2018RestatedAnnual report
「To ensure the proper conduct of its subsidiaries' operations, the Company's directors also serve as directors of each subsidiary, and the boards of directors of Group companies report on and discuss business progress and important matters. The Company also appropriately oversees subsidiary management in accordance with the Affiliated Company Management Regulations. The Audit Office conducts audits of subsidiaries' accounting and operations as necessary, and Audit and Supervisory Committee members also conduct audits as needed.」
The statement reaffirms subsidiary management through concurrent directorships, subsidiary boards of directors, the Affiliated Company Management Regulations, and the Audit Office and Audit and Supervisory Committee members. - FY2017First statedAnnual report
「To ensure the proper conduct of its subsidiaries' operations, the Group holds a Group Executive Committee meeting every month to report on and discuss the progress of the businesses of each Group company and important matters. The Company also appropriately oversees the management of its subsidiaries in accordance with the Affiliated Company Management Regulations.」
The statement describes the management of subsidiaries' progress and important matters through monthly Group Executive Committee meetings and the Affiliated Company Management Regulations.