Governance
We are working to enhance our corporate governance system and improve internal controls in order to earn the trust of all stakeholders, including shareholders, investors, business partners, and employees, as well as to increase our corporate value.
Corporate Governance
Our basic approach to corporate governance is to respect all stakeholders and enhance the soundness and transparency of the company, based on the recognition that effective corporate governance is fundamental to our business, which is based on various types of licenses and permits.
Organization Chart
We are a company with a board of auditors and has established a general meeting of shareholders, a board of directors, a board of corporate auditors, and an accounting auditor as institutions stipulated by the Companies Act. We believe that a system in which the Board of Directors, led by directors who are familiar with the business, decides basic management policies and the execution of important operations by itself, and corporate auditors, who have strong legal authority, audit the directors' performance of their duties from an independent standpoint, is effective in ensuring the efficiency and soundness of management.
Board of Directors and Directors
The Board of Directors of the Company, chaired by the Representative Director and consisting of a total of 8 Directors and Outside Directors, has the authority to make decisions on the execution of the Company's business and to supervise the execution of duties by the Directors. In principle, the Board of Directors meets regularly once a month, and extraordinary meetings are held as necessary. The Board of Directors makes decisions on important management issues, receives reports on the status of business execution from directors in a timely manner, and supervises the directors' execution of their duties.
Internal Audit Office
The Internal Audit Office, which reports directly to the President and Representative Director, conducts operational audits in accordance with the internal audit regulations. The Internal Audit Office, consisting of one person, reports to the Representative Director on whether the Group's business activities are being conducted in a rational and efficient manner in compliance with laws, regulations, and internal rules. Based on the reports of audit results, the Representative Director instructs the audited departments to make improvements and report the results to maintain and improve internal controls. In addition, information is exchanged as necessary between the Internal Audit Office, corporate auditors, and accounting auditors to ensure that audits are conducted effectively and efficiently.
Board of Corporate Auditors and Corporate Auditors
Our Board of Corporate Auditors is chaired by a full-time Corporate Auditor and consists of part-time Corporate Auditors, all of whom meet the requirements to be outside Corporate Auditors. In addition to holding monthly meetings of the Board of Corporate Auditors, the Board of Corporate Auditors audits the status of compliance with laws, regulations, and the Articles of Incorporation and the execution of duties by directors, and strives to ensure that operational and accounting audits are conducted effectively. In addition, the corporate auditors work closely with the accounting auditors and internal audit staff and regularly exchange information to deepen mutual cooperation and improve the effectiveness and efficiency of audits. Full-time corporate auditors also attend Risk Management Committee and Company-wide Compliance Committee meetings to monitor management.
Compliance
”Fairness”, one of the values shared and observed by all of our employees, is to act with fairness and integrity toward our employees, customers, and society. Based on this belief, we are promoting the development of a compliance system led by the company-wide Compliance Committee.
Company-wide Compliance Committee
The Company-wide Compliance Committee is chaired by the President and consists of full-time directors, the General Manager of the Legal & Compliance Department, and the General Manager of the Administration Division, and meets on a regular basis. The committee organizes and identifies compliance issues and promotes improvement activities in accordance with the “Company-wide Compliance Committee Regulations”.
Elimination of Anti-Social Forces
We have established a basic policy of taking a resolute stance and attitude toward antisocial forces and never having any relationship with them, and will take thorough measures in accordance with this policy. Please click here for our basic policy against antisocial forces.
Personal Information Protection
We will comply with laws, guidelines, and other relevant laws and regulations regarding the protection of personal information. Please refer here for our privacy policy.
Risk Management
We have established a Risk Management Committee to identify and classify various internal and external risks, including credit risk, business investment risk, market risk, and disaster risk, which may lead to losses for our group. We will prevent the occurrence of losses and minimize losses when they do occur.
Information Security
To protect our information assets entrusted to us by our customers from threats such as accidents, disasters, and crimes, and to live up to the trust of our customers and society, the entire company is committed to information security based on the following policy. Please refer to the following link for our basic policy on information security.
IR Activities
We believe that disclosing information to our shareholders and investors at appropriate times and helping them understand our business and strategies will enhance our corporate value.
Explanation for Institutional Investors
We hold quarterly online financial results presentation by the managements and 1-on-1 meetings.
Explanation for individual investors
We participate in various events for individual investors to communicate with them.
Information Disclosure
We disclose the following information on our website as needed.
- Annual Securities Report
- Financial Results
- Financial results presentation materials
- Timely disclosure materials