Basic Approach to Corporate Governance

The Company recognizes responding precisely to changes in the business environment, engaging in prompt and appropriate decision-making, ensuring the transparency and soundness of management, and strengthening corporate governance as key management issues.

As a company with audit and supervisory committee, we have established a compliance system and implemented other management reforms intended to enhance the fairness and transparency of management, as well as to establish an efficient management system. Similarly, we established the Audit and Supervisory Committee, a majority of whose members consist of outside directors, in an effort to strengthen the supervisory function of the Board of Directors.

Board of Directors

The Board of Directors deliberates on key management matters, determines basic company policies, and manages and supervises business execution.
 

Audit and Supervisory Committee

This Committee supervises management from an objective, neutral standpoint, and audits the appropriateness of the execution of duties by directors (excluding directors who are Audit and Supervisory Committee members).

 

Executive Committee

This Committee deliberates on key business execution issues in terms of management in an effort to expedite business execution functions.
 

Nomination and Remuneration Advisory Committee

In response to consultations by the Board of Directors, this Committee deliberates and verifies matters relating to the nomination of director candidates (excluding directors who are Audit and Supervisory Committee members) and remuneration for these directors, the nomination of candidates for directors who are Audit and Supervisory Committee members, and succession planning, and reports the results to the Board of Directors. This arrangement ensures transparency and objectivity in decision-making.