Our Corporate Governance

We believe in the revitalization of value. We have built our corporate governance philosophy around goal of reclaiming potential value and fostering the prosperous domino effect that follows. We believe that the establishment of corporate governance is essential for the sustainable development of a company.
We recognize the importance of building and maintaining trust with not only our stakeholders, but also our shareholders, business partners, employees, and local communities. In keeping with this belief, we are always working to further enhance corporate governance by thoroughly developing internal controls to improve operations throughout the Company.

Corporate Governance System

In addition to establishing the corporate organizations of Board of Directors and a Board of Corporate Auditors, business management meetings have been established as a designated period for consultation and decision-making for the purpose of greater management and business execution. The contents of each division of the Company are as follows.

Corporate Governance System Chart
企業統治体制図の画像
ABasic Approach to Corporate Governance
We believe that the establishment of corporate governance is essential for the sustainable development of the Company based on our corporate philosophy of turning challenge into value. For this we recognize the importance of building and maintaining trust with not only our stakeholders, but also our shareholders, business partners, employees, and local communities. In keeping with this belief, we are always working to further enhance corporate governance by thoroughly developing internal controls to improve operations throughout the Company.
BCorporate Governance System
In addition to establishing the corporate organization of the Board of Directors and a Board of Corporate Auditors, a Management Committee has been established as a consultation and decision-making body on management and business execution. The system of corporate governance covering all aspects of the Company is shown below.
CBoard of Directors
The Board of Directors is comprised of seven directors (excluding directors who are members of the Board of Corporate Auditors) and four outside directors who are members of the Board of Corporate Auditors. In addition to the regular board meetings held every month, extraordinary meetings of the Board of Directors are held as and when necessary. As well as making important management decisions, the Board of Directors seeks to ensure efficiency and transparency in the Company’s management by supervising and monitoring from all angles the execution of directors' duties.
DBoard of Corporate Auditors
The Board of Corporate Auditors is comprised of four members; one full-time and three part-time corporate auditors (all four members are outside directors). The corporate auditors attend meetings of the Board of Directors and other important meetings in line with the rules of the Board of Corporate Auditors and audit plan where, in addition to expressing their opinions as necessary, they conduct interviews with directors and leaders of each department to appropriately monitor management. Moreover, the Board of Corporate Auditors works closely with internal auditors and accounting auditors to improve the effectiveness and efficiency of audits.
EExecutive Management Board
At Kasumigaseki Capital, an Executive Management Board convenes once a month attended in principle by executive directors and members of the Board of Corporate Auditors. The Executive Management Board holds important discussions and approves decisions on management and receives reports on business execution from every department. The Executive Management Board gives all attendees opportunities to share information and have thorough discussions.
FInternal Audits
The Internal Audit Office has been established as an independent organization. The internal audit manager and head of the Internal Audit Office appointed by the CEO conduct internal audits based on the annual plan for internal auditing and report audit results back to the CEO. Based on the results of the report, the CEO instructs the audited departments to make improvements and report the results of such improvements to maintain and improve internal control. And in order for internal auditors, corporate auditors, and accounting auditors to conduct audits effectively and proficiently, information is appropriately exchanged in an effort to achieve more efficient audits.