Corporate Governance

Nippon Denkai Group’s basic corporate governance policy involves establishing a management system that is capable of responding quickly and flexibly to changes in our business environment, and striving to achieve sustainable growth and increase our corporate value from the perspective of our shareholders and all other stakeholders.
Based on this basic policy, the Group considers the strengthening and enhancing of a sound and highly transparent corporate governance system to be one of the most important management issues. As such, we strive to clarify management responsibilities and ensure management efficiency and transparency by emphasizing management decision-making and the establishment of business execution frameworks.

The Outline and Reasoning Behind Our Corporate Governance System

In order to strengthen the supervisory function of our Board of Directors and our overall corporate governance, we have established a company governance structure by adopting the system of a company with an Audit and Supervisory Committee.
As an organization based on Japan’s Companies Act, Nippon Denkai, Ltd. has established a General Meeting of Shareholders, a Board of Directors, an Audit and Supervisory Committee, and Accounting Auditor. We have also set up an Internal Audit Office and we appoint highly independent outside directors as Audit and Supervisory Committee Members.
We have adopted this current corporate governance framework based on our determination to ensure sound, efficient, and transparent management by strengthening the monitoring function of outside officers over management and ensuring closer mutual cooperation among the above-mentioned bodies.

Diagram of Corporate Governance Structure