Examples of using Supervisory function in English and their translations into Japanese
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Supervisory functions of the Council.
Is it difficult to deeply understand the business and make the supervisory functions work?
Outside directors, in particular, exercise a supervisory function from a position of independence, giving even more strength and effectiveness to corporate governance.
Through this reform, we aim to accelerate decision-making and strengthen the supervisory function.
Elect outside directors to maintain and strengthen a supervisory function related to the execution of duties by directors.
She has independence as an outside director andis expected to fully fulfill the supervisory function.
Furthermore, two of the nine directors are outside directors who carry out a supervisory function for execution of operations in order to strengthen corporate governance.
I believe that the outside directors, with their diverse backgrounds and perspectives, are ensuring that the Board maintains lively discussions andexecutes a solid supervisory function.
Corporate Governance Structure Nisshinbo separates management decision-making and supervisory functions from business execution and has adopted a managing officer system with the aim of strengthening both.
The Company clearly states the categories utilized for business execution under the executive officer system and shall further expedite its decision-making andstrengthen its supervisory function for business execution.
With this transition to an Audit and Supervisory Committee company,the Company aims to further strengthen the supervisory function of the Board of Directors, secure impartiality and transparency of management and raise overall efficiency.
By appointing highly independent outside directors and outside audit& supervisory board members, Sony Financial Holdings strives to ensure the transparency of corporate management andenhance their supervisory function.
By adopting both the Executive Officer system and the Department Structure,strategic decision making and operational supervisory functions are clearly separate from the executive function, creating a system for prompt and appropriate execution of operations.
Furthermore, three out of the five Audit& Supervisory Board Members are outside Audit& Supervisory Board Members, thereby ensuring that the audit system functions from a more independent perspective,and strengthening the supervisory function of management.
The supervisory functions and managerial responsibility of the Board of Directors are clearly stipulated, and we also promote delegation of authority, including reviews of the board system and decision-making systems as appropriate, in order to accelerate the implementation of processes.
(1) Appointment of a minimum of two independent external directors to strengthen the supervisory function of the Board of Directors.
However, because of the importance placed on the outside directors fulfilling a supervisory function from a standpoint independent from business execution, individual performance will not be reflected and only the base compensation amount with no bonuses will be paid to outside directors.
Additionally, the Board of Directors delegates executive decisions to executive officers in principle, as long as laws permit,for further strengthening the supervisory function of the Board of Directors and further accelerating business execution simultaneously.
By inviting Outside Directors, NRI will improve the supervisory function and realize fairer, more transparent management. In selecting outside members, in addition to independence, emphasis is placed on candidates who possess the breadth of experience and insightful knowledge appropriate for monitoring business execution at NRI from an objective standpoint.
Through these and other measures, the Company endeavors to enhance its compliance and governance structures.*For details on risk management and compliance initiatives of the Company and OJR,and for details on supervisory function led by external committee members, please click here.
The Board of Directors shall, in accordance with the provisions of laws, regulations, and internal rules,exert their management supervisory function by appropriately delegating decision-making to Managing and Executive Officers regarding business matters other than those that should be decided by the Board.
At this stage, immediately following the attacks, should be put in the foreground the urgency: the population must be calmed with constant and visible presence of the armed forces,which have not only the supervisory function, but also to give back misplaced sense of security.
Evaluation of the effectiveness of the Board of Directors In order toenable the Board of Directors to fully exercise its supervisory function as well as its function for encouraging appropriate risk-taking by executive management, the Company convenes integrated Board of Directors and preliminary briefing session meetings to promote open and unrestricted discussions.
In addition, a system is in place to receive comprehensive reports at the meeting of the Board of Directors regarding decisions made on matters at the Executive Committee,which ensures auditing and supervisory function of outside directors and the Audit and Supervisory Committee.
By transferring authority in the execution of business to managing officers andstrengthening the supervisory function of the Board of Directors, we will endeavor to improve the efficiency and transparency of management and establish effective governance, thereby achieving the sustained growth of our Group and enhancing our medium- and long-term corporate value.
We clarified the responsibilities and delegation of authority to executive directors to enable each internal Company to make swift decisions regarding the business they operate. We also established a Nominating Advisory Committee and a Remuneration Advisory Committee, in which outside directors comprise a majority of the committee members,to strengthen the supervisory function.
By electing outside directors ADK would like to proactively incorporate external viewpoints,so as to strengthen the Board's supervisory function over the execution of operations, as well as to ensure clarity and appropriateness in the determination of significant matters regarding all aspects of general management, including the operations in the growth areas.
Further, the Company has an Internal Auditing Office consisting of 4 members, including a manager. The Company adopted the executive officer system with an aim to further enhance itscorporate governance by separating its decision making and supervisory function from business execution function and to realize its rapid and efficient business execution.
Directors and the Board of Directors The responsibilities of the Board ofDirectors shall be to fully exercise its supervisory function, secure fairness and transparency in management, and ensure sustainable growth and increase corporate value over the medium to long term through implementation of effective corporate governance, with recognition of its fiduciary responsibility to shareholders.
Konica Minolta Establishes"Basic Policy on Corporate Governance"- News Releases| KONICA MINOLTA Konica Minolta's Initiatives on Corporate Governance Konica Minolta believes that corporate governance should contribute to sustainable corporate growth and increased corporate value over the medium to long term by encouraging appropriate risk-taking as part of management execution and that it is also necessary to set up andmanage a highly effective supervisory function.