Corporate Governance

Corporate Governance Report

Past activities regarding Corporate Governance

2009FebIntroduction of Operating Officers System
2007DecSeparation of the roles of the Chairman of the Board of Directors and the Chief Executive Officer
2006JanCommittee of External Experts established
2005NovInternal Audit Department created under the direct authority of an executive officer
AugBusiness Continuity Plan Adoption Committee created
JulInvestor relations activities conducted in the United Kingdom and the United States
JunAudit Office established under the direct control of the Audit Committee
JanInformation Disclosure Committee established
2004MarInternal whistle-blower system adopted; director retirement benefits abolished
2003Jun“Committees-based company” system adopted
2001JunAnnual shareholders' meeting held on Saturday (accompanied by a social gathering with shareholders)
2000NovRemuneration committee, with members including an independent outside director and an independent outside auditor, created to clarify assessments of personnel performance
JunBoard of Directors reinforced by the appointment of a certified public accountant as an independent outside director
MayTwo business results briefings held for retail investors and analysts
1998JunStatutory Auditors Committee bolstered by the appointment of an attorney-at-law as an independent outside auditor
AprExecutive officers appointed to effect prompt decision-making and execution of decisions