Section 4. Further Strengthening of the Corporate Structure and Group Reorganization

2. Organizational and Personnel Structure Reform

On October 1, 2005, Daibiru conducted a partial review of its management organization and revised relevant regulations for the purpose of developing a decision-making system with high efficiency and transparency and establishing more effective corporate governance. 

After reviewing the company’s management organization, Daibiru changed its Managing Directors’ Meeting to a Management Meeting held once a week to facilitate prompt decision-making and more thorough discussion, which would also be attended by the company’s full-time auditor.

For its review of authority standards, including standards related to monetary amounts, Daibiru implemented a transfer of decision-making authority to employees at the lowest levels possible. The company also reviewed authority items (making additions, deletions, and revisions), sorted out the inconsistencies between regulations, simplified and clarified the procedures for submitting proposals, making decisions, and reporting, and revised the format of approval forms.

In June 2007, Daibiru introduced an executive officer system to speed up decision-making related to business execution. The company also established three divisions—the Management and Administration Division, the Sales Development Division, and the Construction Planning Division—in order to consolidate sales operations for eastern and western Japan, achieve efficient integrated management of back office departments, strengthen governance, and enhance special functions related to development and real estate transactions.

Furthermore, in order to achieve the wider investment objective established by the medium-term management plan, Daibiru created the new Real Estate Development Office (now the Investment Development Department) in April 2016 and the new Overseas Business Office (now the Overseas Business Department) in December 2017.

In April 2018, the division system (Management and Administration Division and Sales Development Division) was discontinued for the following reasons: (1) to clarify the responsibilities of each department and make them more united in purpose, and (2) to create a flat organization with shorter reporting routes and faster decision-making. In conjunction with this reorganization, the new Sales Planning Department (now the Development Planning Department) was established, the Osaka Sales Development Department was renamed the Osaka Sales Department, the Tokyo Sales Development Department was renamed the Tokyo Sales Department, and the Sales Development Sections of both were renamed the Sales Section.

In January 2020, the new Sapporo Project Office (now the Sapporo Project Department) was established, and in April 2022, a reorganization was undertaken in order to further strengthen and promote Daibiru’s business as a result of the company becoming a full subsidiary of Mitsui O.S.K. Lines and undergoing management reform. The General Affairs and Personnel Departments were replaced with a new Human Resources & General Affairs Department. The Sales Planning Department was renamed the Development & Planning Department, and the Development & Planning Section was established. The Real Estate Development Office was renamed the Investment & Development Department, and the Investment & Development Section was established. In order to further expand the company’s business, Daibiru reorganized related departments and offices into the Development Group (the Development & Planning Department, the Investment & Development Department, the Overseas Business Department, and the Sapporo Project Department) and the Sales Group (the Osaka Sales Department, the Tokyo Sales Department, the Sapporo Project Department, and the Sales Management Office) as part of reforms meant to enhance the company’s development and sales functions.

Organization chart as of April 1, 2022 (February 25, 2022 management meeting agenda report)