For Investors -FOR INVESTORS-
(As of Nov. 12, 2019 )
Basic PolicyWe have always regarded every stakeholder, such as "customer", "shareholder", "employee", "society", as important. In that, we recognize that accomplish growth with the profit continuously and maximize a shareholders’ value is one of the most important.
So, We work on following things.
1. We observe laws and ordinances.
2. We try the reinforcement of supervision, inspection functions of the board of directors and the supervisory board.
3. We correspond to law revision about the corporate governance.
4. We maintain a posture of investors protection, stockholders-weighted.
Reason for adopt this structure of cooperate governanceWe have the management system that enables us to improve management efficiency and make appropriate and strategic management judgement by giving the Board of Directors the functions of management decision-making and management and supervision of business execution by executive directors. Furthermore, we elected two outside directors out of seven directors and two outside Audit & Supervisory Board Members out of three of the Audit & Supervisory Board to fully exert the supervisory function toward the Board of Directors. In addition, by electing outside directors, we work on ensuring the transparency of the Board of Directors and mutual management supervisory functions and robust compliance among directors.
The two Outside Audit & Supervisory Board Members have high expertise with the high ethical standards and execute the appropriate supervision from their professional viewpoints.
Therefore, we have established the satisfactory corporate governance as a company with the Audit & Supervisory Board.
Standard and content of the policy about the independencyAbout a standard and policy about the independency to elect external inspector and director, we decide to elect a talented person having specialized knowledge and abundant experience. Furthermore, to seem to meet a purpose of the external inspector and director, we note a neutral and objective situation without a general stockholder and the fear that profit reciprocity produces and security of the substantial independency.
In addition, we appoint one external director, two external inspectors as independent officers based on the fate of the Tokyo Stock Exchange and tell the exchange.
Our way of thinking about the election of the external director and inspectorAbout external director, in making use of high judgment about management and abundant experience, and having advice for our management, we judge that we are suitable for our corporate governance reinforcement, and we elect it.
About external inspector, in making use of high judgment about management and abundant experience, and having advice for our management, we judge that he is right person to watch management from an objective viewpoint and elect it.
Supervision by the external director and inspector, Relations with the mutual cooperation with inspection and domestic inspection, inspector inspection and the audit and the internal control sectionThe external director receives the report the result of inspector inspection and audit in the board of directors, and proposes advice as needed to secure the decision-making appropriate nature of the board of directors.
The external inspector cooperates with a standing inspector closely and shares information necessary for monitoring of the management. In addition, through Audit & Supervisory Board, and tries for the appropriateness-related securing of duties.