Corporate Governance
Basic Policy on Corporate Governance
Amid recent rapid changes in the business environment and the increasing importance of compliance, we are always aware of our management philosophy and Group vision, and in order to maximize corporate value, we have set the themes of corporate governance as improving management efficiency†and “strengthening supervisory functions†– thus, we are working to strengthen corporate governance as one of the most important management issues. Moreover, in order to contribute to maximizing corporate value while responding to changes in the environment, we will continue to enhance corporate governance and develop internal systems.
Outline of Corporate Governance Structure
The Company has established regulations for the Board of Directors, and holds regular meetings for them once a month, as well as extraordinary meetings as necessary. In order to place emphasis on discussions on management direction and strategies, the execution of some important business of the Board of Directors is delegated to executive directors in order to strengthen the auditing function of the Board of Directors.Also, we have introduced an executive officer system (both employed and delegated). Executive Officers who execute business are classified into two categories: managing Executive Officers who promote the management and growth of the entire Group and the enhancement of corporate value (delegated type), and Executive　Officers who promote growth in the areas under their control at the Company itself (employed type).In addition, the Company has become a company with an Audit and Supervisory Committee for the purpose of speeding up and improving the efficiency of decision-making and strengthening the auditing function for the execution of duties by directors, and has put in place a Board of Directors, an Audit and Supervisory Committee, and an accounting auditor.