Our Approach to Corporate Governance
- We will establish effective governance frameworks to ensure the transparency, objectivity, and fairness of the management of our company and earn society’s trust everywhere we operate.
- The Board of Directors recognizes fiduciary responsibilities to all stakeholders, including shareholders and investors, and supervises the Group’s overall management by taking responsibility for the Company’s sustainable growth and maximization of mid- to long-term shareholder value (MSV) through the appropriate exercise of its authority.
- Maximization of shareholder value (MSV)” at the Company is defined as “maximizing the financial value remaining after the performance of obligations to customers, employees, trading partners, society, etc.”
|Overview and System of corporate governance||To accelerate the enhancement of supervision and execution of the Board of Directors in an attempt to realize the maximization of shareholder value (MSV), we became a Company with Three Committees (Nomination, Audit and Remuneration) by resolution of the General Meeting of Shareholders in March 2020. We will provide an overview and introduce the structure of our current corporate governance.|
|Management Transparency and Sustainable Growth||Through the transition to a Company with Three Committees (Nomination, Audit and Remuneration), we aim to separate management supervision from business execution, enhance the transparency, objectivity, and fairness of corporate management, promote global audits, protect the interests of minority shareholders, and reinforce our relationships with domestic and overseas stakeholders. Here, we will introduce various initiatives for the above purposes.|
|Internal Control||We will introduce the basic policy of our internal control system and its operational status.|
|Risk Management||We will introduce our risk management system and initiatives.|
|Compliance||We will introduce our compliance system and initiatives.|