Corporate Governance Policy
Sustainability
We regard our management philosophy and code of conduct as universal principles that guide our business operations and serve as the foundation for all corporate activities.
To realize the principles set forth in our management philosophy and code of conduct, we consider strengthening corporate governance to be a critical management priority.
Fundamental Principles
We position corporate governance as a key management priority and strive to strengthen and enhance it while pursuing more effective corporate governance.
Corporate Governance Framework
To achieve sustainable growth and build the trust of society, we will establish a sound corporate governance framework.
Board of Directors
The Board of Directors makes decisions on key corporate matters and oversees the execution of duties by Directors and Executive Officers.
The Board is chaired by the President and Representative Director, with each Director responsible for specific business areas.
To further enhance the effectiveness of the Board, we appoint Outside Directors.
Audit Structure
We have established an Audit Committee as a voluntary consultative body to facilitate information sharing among its members and to deliberate and decide on significant audit-related matters.
Audit Committee members attend key meetings, including Board meetings, review important documents related to business execution, and conduct audits of Directors' performance based on reports from the Audit Department and external auditors.
Executive Structure
To separate the decision-making and supervisory functions of the Board from the business execution function, and to strengthen the Board's oversight while ensuring swift execution, we have introduced an Executive Officer system.
Executive Officers appointed by the Board execute their respective responsibilities, and we have established a Management Committee as the highest decision-making body for business execution.
The Management Committee, composed of Directors who concurrently serve as Executive Officers and Executive Officers designated by the President, deliberates and makes decisions on important management matters.
Enhancing Management Transparency
To ensure transparency in management and enhance corporate credibility, we are committed to strengthening communication with multiple stakeholders through timely financial reporting, robust internal controls, and transparent sustainability disclosure.
Established in November 2023