| Enhancing Corporate Governance |
- Increasing the Diversity of Board Members
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- Establishment of a Framework for Improving the Effectiveness of the Board of Directors with an Eye Toward External Changes & Our Shifting Business Situation
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・Continue discussions regarding the selection of candidates for Directors and Audit & Supervisory Board Members from the perspective of securing diversity, with the aim of establishing a management team capable of improving corporate value
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・Regularly discussed the composition of the board of directors for fiscal 2024 in the Nomination and Remuneration Committee, which is established on a voluntary basis, based on the skills matrix and considering the diversity of the board members
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100%
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・Discuss the structure of the board and committees that will enhance our corporate value and improve its diversity, considering societal circumstances and the results of discussions with stakeholders, including institutional investors.
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- Improving the Effectiveness of Governance
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- Analyzing the Results of Third-Party Assessments to Enact Measures to Enhance Effectiveness
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・Continue implementing questionnaires regarding the Board of Directors’ effectiveness and push ahead with efforts to address issues and enhance its effectiveness so that the Board can gain greater governance capabilities
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・Conducted the Board of Directors’ effectiveness survey
The number and appropriateness of the issues discussed at the Board of Directors meetings and the support provided by the secretariat were highly evaluated. Issues such as ensuring the diversity of board members and the lack of discussion on some topics were identified.
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100%
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・Continue to conduct the Board of Directors’ effectiveness survey
・Use questionnaires from external organizations to improve the content of our surveys and improve the governance level of the Board of Directors by increasing the time allocated to discussions on important topics, etc.
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| Thoroughgoing Compliance |
- Transparency with Respect to Taxes
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- Formulation of Tax Policy
- Enactment of Global Tax Strategy (2025)
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・Continue collecting information regarding taxation systems in each country
・Discuss the global tax strategy (assessment of the profitability of overseas Group companies, tax planning, etc.)
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・Ascertained the tax payment status in each country
・Specify a profit margin target based on the profit and loss situation of overseas subsidiaries
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100%
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・Continue to collect information regarding taxation systems in each country
・Continue to consider a profit margin target based on the profit and loss situation of overseas subsidiaries
・Develop global tax strategies in light of trends in international tax rules
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- Entrenchment of “Our Philosophy”
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- 80% Supportive Response on “Our Philosophy” Entrenchment Survey (2030)
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・Phase 3 “Empathy” ⇒ Phase 4 “Practice” Practice various initiatives to embody “Our Philosophy”
・Promote activities to facilitate the entrenchment among factory technicians
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・Q1 Boost Seminar Held a seminar on “Creating a highly productive organization where diverse people can play active roles”
・Implemented activities to facilitate the entrenchment among factory technicians
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100%
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・Promote various initiatives to embody “Our Philosophy”
・Continue activities to facilitate the entrenchment among factory technicians
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