5. FURTHER STRENGTHEN THE MANAGEMENT BASE TO SUPPORT SUSTAINABLE GROWTH 5. Enhancing our management foundations to support sustainable growth
By enhancing corporate governance and thoroughly enforcing compliance while continuously providing prompt, fair, and proper disclosures, we strive to ensure sound, efficient, and transparent management to improve corporate value and contribute to the further development of society.
Main Initiatives
Corporate governance
Based on our corporate creed of “Develop Talents, Build Business, Contribute to Society,” our company promotes management in our lines of business that lives up to the trust and expectations of our shareholders, investors, business partners, employees, and various other stakeholders.
Corporate governance organizational chart
Compliance Committee
Our company holds Compliance Committee meetings at least twice per year that are chaired by the officer responsible for administration. This committee discusses important compliance matters and determines compliance policy.The content of the committee’s deliberations is reported to the Board of Directors on a regular basis. Additionally, the effectiveness of compliance governance can be enhanced by setting up a whistleblowing system (compliance line).
Risk management
Our company has established Risk Management Rules with the aim of ensuring stable management by rapidly and properly addressing and controlling business risks.In the event of a natural disaster or other emergency, an emergency response headquarters will be set up in accordance with the Risk Management Rules in order to enable rapid information-gathering and the execution of a proper response.We have also established a Sustainability Committee to consider important matters related to risk management in general.
Sustainability Committee
Chaired by the Representative Director, the purpose of this committee is to bolster the risk management foundation of the Group as a whole, promote sustainability management, and improve corporate value in the medium to long term towards the end of helping to enable a sustainable society through the company’s activities.The committee identifies major risks and sustainability issues facing the Group as a whole, in addition to setting targets, managing progress, and deliberating individual measures with an aim to mitigate risks and resolve key issues. The committee reports to and advises the Board of Directors on a regular basis.
DX promotion project
In order to achieve the basic policy of the 11th Medium-Term Management Plan, "Improve operational efficiency and improve the value provided through DX," we plan a company-wide DX strategy, incorporate it into specific measures, and implement the necessary functions and mechanisms. We are working on various measures centered on the "DX Promotion Project" led by executives with the aim of leading the construction of DX.