Pigeon Group consists of Pigeon Corporation and its consolidated subsidiaries—totaling 27 companies—and operates across four business segments: Japan, China, Singapore, and the Americas & Europe. We view strengthening Group governance as a individual issue that is essential for enhancing growth and profitability over the medium to long term. Critical challenges include ensuring governance functions effectively on both the “offensive” and “defensive” sides of management, optimizing the business portfolio, and enhancing the overall effectiveness of Group governance.

The Pigeon Group has been implementing compliance-related measures with a focus on the following three pillars: 1) Formulate (revise) and implement compliance-related rules, 2) compliance education, and 3) compliance monitoring. We are examining and implementing these measures to 1) prevent compliance violations and 2) detect and resolve compliance violations as soon as possible.

The Pigeon Group has formulated the Rules for Risk Management, which systematically stipulate the Pigeon Group's risk management responses, and are committed to effective risk management. We have established a framework that facilitates the collection of risk-related information across the entire Group, implements necessary controls, and enables swift response to risk issues by each segment.

The Pigeon Group considers its customers, suppliers, government and local governments, local communities, employees, and shareholders as stakeholders who are deeply involved in its business activities. Based on the opinions and evaluations obtained through active communication with various stakeholders, we strive to identify issues and reflect them in our business activities in order to promote higher quality activities and enhance corporate value.