Nichii

Basic Policy on Corporate Governance

Basic Views

The Nichii Group regards the strengthening of corporate governance as one of its most important management issues ,and works on achieving transparent and efficient corporate management ,the acceleration of management decision-making and the establishment of corporate governance in pursuit of compliance and risk management with the aim of building trust with stakeholders, contributing to the advancement and development of society and permanently enhancing corporate value.
The Group also regards the realization of the maximum shareholder value through compliance with the Corporate Governance Code as its mission.

Basic Policies for Corporate Governance

The Nichii Group implements the following measures.

  • To advance transparent management, the Group is strengthening the management oversight function by adopting the system of corporate auditors (hereinafter "Kansayaku") and establishing the Internal Control Committee.
  • The Board of Directors has confirmed that it will pursue profits for shareholders from a medium-and long-term perspective, while establishing fair and equitable transactions with stakeholders ,bearing in mind that shareholders have governance in a stock company.
  • The Group has appointed executive officers to accelerate the speed of decision-making in the execution of business and respond quickly to changes in the management environment.
  • As a performance indicator to maximize shareholder value, the Group has set the achievement of a return on equity of between at least 8%or more and 15% as a target value.
  • The Group works to improve the transparency of corporate management by promptly announcing and disclosing the quarterly settlement of accounts and management strategies to shareholders and investors.