Strengthening Corporate Governance and Internal Control Systems

「We have established an Internal Audit Office directly reporting to the President, staffed by 3 people. The Internal Audit Office conducts operational audits to determine whether our business activities are being conducted appropriately and effectively in compliance with laws, regulations and internal rules, and provides guidance and advice.」

「In accordance with the basic principles of the Corporate Governance Code, we regard meeting the trust placed in us by all stakeholders, including shareholders, as a fundamental corporate mission. We are working to strengthen our compliance framework, enhance the speed and accuracy of information disclosure, and reinforce corporate governance. As part of these efforts, in March 2023 we transitioned to a company with an Audit and Supervisory Committee, strengthened the Board of Directors’ supervisory function by adding outside directors to its membership, and are achieving highly transparent management through auditing and supervision of the legality and appropriateness of business execution.」