Realization of a workplace where everyone can work with energy and vigor

For the recording of each director's decision-making, after creating the approval form and the minutes of all meetings according to the company's regulations, each executive director of the proposing department appropriately stores or manages these documents. The board of directors' meeting is held on a monthly basis, and temporarily when the need soarises .
Regarding decisions approved by the president or higher, which may lead to significant risks in our company, the president will approve or the board of directors will make a decision upon discussions from various perspectives by setting up the management meet ing consisting of core members of any director above the rank of managing director and full-time auditors upon discussions from various perspectives.

As the internal auditing division of the company, our company has set up the Management Auditing Department under direct control of the president. The Management Auditing Department performs business operations audits on each division of the entire company, and is responsible for ensuring function of the internal control together with verifying its effectiveness. Audit results are reported each time to the president with periodic reporting performed to the management meeting and auditors.
In the event of a director finding a fact that influences our business or actual results out of matters that influence our business or performance, violations of the law and compliance-related problems, the said director shall immediately report so to the board of company auditors. Two of four auditors shall be independent members of the board who have no conflict of interest in terms of profitability with ordinary stockholders, and these auditors shall prioritize over other items and deal speedily and honestly with any report request concerning the execution status of operations from the auditors to the directors.

For business risks such as disasters, the environment and compliance, we formulate a risk management policy by conducting a thorough review of our risks through the establishment of a risk management committee as a risk management body on a companywide level at the same time as a lower organization to the management meeting, and by understanding the risk management situation, exchanging information, and conducting continuous review of risk management system.
Based on this policy, regulations and guidelines are created by each risk management responsible department as defined in the "Division of Duties Regulations", and periodic review is performed. In making thiese common knowledge, efforts shall be made to ensure all employees are aware through the use of electronic notice boards together with performing education through company training.
Upon occurrence of an urgent and serious loss, appropriate information conveyance and decision making are performed based on the "Management Crisis Control Regulations" to minimize the damage.