Group management through subsidiary reporting and approval procedures and Audit & Supervisory Board member inspections
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2021.
- FY2021ReframedAnnual report
「We have decided to absorb the company through a merger for the purpose of consolidating management resources within our group and improving operational efficiency.」
The organizational management structure is scheduled to change from the existing framework of managing subsidiaries through dual appointments of officers, reporting and approval procedures, and inspections by Audit & Supervisory Board members to an absorption-type merger aimed at consolidating management resources and improving operational efficiency. - FY2019RestatedAnnual report
「Some of our directors also serve as directors of subsidiaries. By attending important meetings such as sales meetings, they regularly monitor the subsidiaries' management conditions, while the Affiliated Company Rules clearly specify matters requiring reporting to and approval by us. In addition, our full-time Audit & Supervisory Board member conducts inspections of subsidiaries to strengthen management and oversight from a group management perspective.」
Management of subsidiaries through dual appointments of officers, attendance at important meetings, the Affiliated Company Rules, and inspections by Audit & Supervisory Board members continues. - FY2018RestatedAnnual report
「Some of our directors also serve as directors of subsidiaries. By attending important meetings such as sales meetings, they regularly monitor the subsidiaries' management conditions, while the Affiliated Company Rules clearly specify matters requiring reporting to and approval by us.」
The management of subsidiaries through dual appointments of officers, attendance at important meetings, the Affiliated Company Rules, and inspections by Audit & Supervisory Board members is disclosed again. - FY2017RestatedAnnual report
「Some of our directors also serve as directors of subsidiaries. By attending important meetings such as sales meetings, they regularly monitor the subsidiaries' management conditions, while the Affiliated Company Rules clearly specify matters requiring reporting to and approval by us. In addition, our full-time Audit & Supervisory Board member conducts inspections of subsidiaries to strengthen management and oversight from a group management perspective.」
The management of subsidiaries through dual appointments of officers, attendance at important meetings, the Affiliated Company Rules, and inspections by Audit & Supervisory Board members is disclosed again. - FY2016First statedAnnual report
「Some of our directors also serve as directors of subsidiaries. By attending important meetings such as sales meetings, they regularly monitor the subsidiaries' management conditions, while the Affiliated Company Rules clearly specify matters requiring reporting to and approval by us. In addition, our full-time Audit & Supervisory Board member conducts inspections of subsidiaries to strengthen management and oversight from a group management perspective.」
Subsidiaries are managed through dual appointments of officers, attendance at important meetings, the Affiliated Company Rules, and inspections by Audit & Supervisory Board members.