Corporate Governance Code Implementation Status
The Company has included disclosure based on the Principles of the Corporate Governance Code revised in June 2021.
The table of the matters that should be disclosed pursuant to the Corporate Governance Code (including some voluntary disclosure items)
| Principle | Item requiring disclosure | Location |
|---|---|---|
| Principle 1.2 | Exercise of Shareholder Rights at General Shareholder Meetings | Exercise of Shareholder Rights at General Shareholder Meetings |
| Principle 1.3 | Basic Strategy for Capital Policy | Basic Strategy for Capital Policy |
| Principle 1.4 | Policy on Cross-Shareholdings, details of verification of appropriateness of holding and criteria for exercise of voting rights | Policy on Cross-Shareholdings |
| Principle 1.7 | Related Party Transactions | Related Party Transactions |
| Supplementary Principle 2.4.1 | (ⅰ) Our Target for Ensuring Diversity and The Current Status of Our Efforts | |
| (ⅱ) Policy for Personnel Development and Internal Environment Development Policy and the status of these policies | ||
| Principle 2.6 | Roles of Corporate Pension Funds as Asset Owners | Improving Employee Financial Literacy |
| Principle 3.1 | (ⅰ) Corporate philosophy, credo, management strategies and business plans | |
| (ⅱ) Basic policy regarding corporate governance | Basic Policy | |
| (ⅲ) Policies and procedures of the Board of Directors for determining remuneration for the senior management and directors | Voluntary Remuneration Committee, Executive Remuneration System | |
| (ⅳ) Policies and procedures of the Board of Directors for the appointment and dismissal of senior management and the nomination of candidates for Directors and Audit & Supervisory Board Members | Voluntary Nominating Committee, Executive Nomination Process | |
| (ⅴ) Board of Directors’ explanations with respect to individual appointments and dismissals of senior management and nominations of candidates for Directors and Audit & Supervisory Board Members based on (iv) above | Ordinary General Meeting of Shareholders *Please refer to the Notice of the 66th and 68th Ordinary General Meeting of Shareholders. |
|
| Supplementary principle 3.1.3 | Information disclosure of efforts concerning sustainability | |
| Information disclosure regarding human capital | Initiatives for Respect for Human Rights | |
| Information disclosure regarding intellectual capital | Intellectual property initiatives, strengthening brand power | |
| Supplementary Principle 4.1.1 | Specification by the board of scope and content of the matters delegated to the management | Scope of Judgments and Decisions by the Board of Directors |
| Supplementary Principle 4.2.2 | Formulation of a basic policy regarding initiatives concerning sustainability | |
| Principle 4.9 | Independence Standards and Qualification for Independent Directors | Independence Standards and Qualification for Independent Directors |
| Supplementary Principle 4.10.1 | Policy on the independence of the members of the Voluntary Nomination Committee and the Voluntary Remuneration Committee | Election, dismissal, nomination and remuneration of Directors and Audit & Supervisory Board Members |
| Supplementary Principle 4.11.1 | View of the Board on the appropriate balance between knowledge, experience, and skills of the Board as a whole, diversity, and appropriate board size, policies and procedures for nominating directors, and combinations of their skills | Skill Matrix |
| Supplementary Principle 4.11.2 | Directors and Audit & Supervisory Board Members also serving as Director, Audit & Supervisory Board Member, and management at other companies | Directors and Audit & Supervisory Board Members also serving as Director, Audit & Supervisory Board Member, and management at other companies |
| Supplementary Principle 4.11.3 | Summary of results of analysis and evaluation of the effectiveness of the board as a whole | Evaluating the Effectiveness of the Board of Directors |
| Supplementary Principle 4.14.2 | Training policy for Directors and Audit & Supervisory Board Members | Training for Directors and Audit & Supervisory Board Members |
| Principle 5.1 | Policy for Constructive Dialogue with Shareholders and Investors | Responsible dialogue with shareholders and investors |