Skip to main contents
Hokuetsu Corporation

Corporate Governance

Basic philosophy of corporate governance

In order to achieve long-term stable improvement of our corporate value, which is the most important management issue, Hokuetsu Corporation will build an appropriate corporate governance system in accordance with the following basic concepts.

  • We respect the rights of our shareholders and will strive to establish an environment in which shareholders can exercise their rights appropriately and to secure equality between shareholders.
  • We recognize the importance of corporate social responsibility and will strive to collaborate appropriately with shareholders and other stakeholders in order to develop a corporate culture in which business is conducted with self-discipline in a sound manner.
  • We will ensure transparency and fairness in our decision-making by establishing an executory system for timely disclosure and by conducting the timely and appropriate disclosure of non-financial information beyond requirements mandated by laws and regulations.
  • We will strive to secure the effectiveness of the board of directors based on our fiduciary responsibilities and accountability to our shareholders. We will also enhance the strategic, decision-making, and supervisory functions of the board of directors through its analysis and assessment.
  • We will actively and constructively engage in dialogue with our shareholders based on our Basic Policy for Active and Constructive Dialogue with Shareholders to support the enhancement of our stable, long-term corporate value. The Board of Directors shall establish and disclose the Group Code of Conduct to be shared by all employees and executive officers of our corporate group.

Diagram of the corporate governance structure with the General Meeting of Shareholders at the top, appointing and dismissing the Board of Directors, Audit & Supervisory Board, and Independent Auditor. The Board (including outside directors) oversees the Group CEO based on reports from the Nomination and Compensation Committee. The Audit & Supervisory Board (including outside auditors) conducts audits in coordination with the Audit Office, Independent Auditor, and Group Governance Office. Under the Group CEO are the Executive Management Committee, operating divisions, and group companies.

TOP
  1. TOP
  2. About Us
  3. Corporate Governance