We use cookies for the purpose of maintaining and improving the quality of content.
For more information, please review our "Privacy Policy".

Governance

Corporate Governance

We position improving management transparency, enhancing the supervising function, making decisions promptly, and ensuring compliance as our most important corporate governance tasks. We are taking steps to strengthen and enhance our corporate governance system in an effort to improve our corporate value.

Corporate governance structure
We are a company with an Audit & Supervisory Committee. We have built a corporate governance structure centered on the Board of Directors, and an Audit & Supervisory Committee.
Directors
Six of our nine directors are independent outside directors. We have thus adopted diverse perspectives in our management and strengthened the ability of our directors to supervise each other.
Audit & Supervisory Committee members
We have four Audit & Supervisory Committee members and all of them are independent outside directors. They audit the status of business execution by directors. At the same time, they regularly exchange opinions with other outside directors, conduct joint audits and share their results with the Internal Audit Office each other, have meetings with the auditing firm, and take other measures to examine the appropriateness and soundness of business execution in greater detail.
Internal Audit Office
Through auditing activities, it examines and evaluates our management’s business execution from the viewpoint of legality and rationality. In addition, this organization evaluates the effectiveness of our internal control system.
Nomination and Compensation Committee
To help ensure the transparency of our management, we have set up a Nomination and Compensation Committee that comprises the CEO and outside directors (two or more outside directors, who constitute the majority).The committee deliberates and reports on the details of compensation received by directors and executive officers, and the policy for determining such compensation, the policy for nominating candidates for directors excluding Audit & Supervisory Committee members, and the policy for appointing executive officers.

See our Corporate Governance Report for other details of our corporate governance, including the organizational chart.

Corporate Governance Report PDF