Basic Approach
We regard corporate ethics and sound management, including compliance with laws and regulations, as one of the most important management issues. Recognizing our social responsibility as a company, we are working on corporate governance for the realization of fair and transparent management, aiming to be a company that can be further trusted by all stakeholders, including shareholders.
Corporate Governance System
The corporate governance structure is as follows.
(As of June 27, 2025)
Board of Directors
The Board of Directors consists of eight members in total—four Directors (excluding Directors who are Audit and Supervisory Committee Members) and four Directors who serve as Audit and Supervisory Committee Members. In principle, the Board holds regular meetings once a month and convenes extraordinary meetings as necessary. Following deliberation and the exchange of views from various perspectives, it makes decisions on important matters concerning management as stipulated by laws and regulations, the Articles of Incorporation, and the Board of Directors Regulations, while overseeing the execution of duties.
In addition, a Management Meeting is held monthly to monitor the execution of operations across the entire Group, enable prompt management decisions, and ensure timely disclosure of such decisions.
Audit and Supervisory Committee
The Audit and Supervisory Committee consists of one full-time Director who serves as an Audit and Supervisory Committee Member and three Audit and Supervisory Committee Members who are Outside Directors registered with the Tokyo Stock Exchange as Independent Officers (hereinafter referred to as “Independent Outside Directors”).
In accordance with the audit plan and role assignments determined by the Audit and Supervisory Committee, its members attend important meetings, including meetings of the Board of Directors. They audit the execution of duties by Directors and conduct audits through on-site inspections of divisions and subsidiaries, interviews with employees, and reviews of internal approval documents and other important materials.
Nomination and Compensation Advisory Committee
To enhance transparency and objectivity in management, the Company has established a voluntary advisory body, the Nomination and Compensation Advisory Committee, which deliberates on the nomination of Director candidates and the compensation of Directors.
To ensure objectivity and transparency, pursuant to its regulations, a majority of the Committee members are Independent Outside Directors.
Sustainability Committee
From the perspective of addressing sustainability-related issues and enhancing corporate value over the medium to long term, the Company has established a voluntary advisory body, the Sustainability Committee. Based on the policies it formulates, the Committee develops and promotes strategies to address sustainability-related issues.
In addition, the Sustainability Committee has established a system to ensure appropriate oversight by the Board of Directors, by deliberating on and supervising important risks and opportunities, including climate change, reporting to the Board as necessary, integrating sustainability issues with company-wide management strategies, and facilitating discussion and consideration by the Board.