Governance

Basic Policy

The SANYO DENKI Group enhances transparency of management and corporate governance, and is determined to onstruct and maintain an organizational system that can rapidly adjust to changes in management environment, and a fair management system that benefits our shareholders.
In addition, we promote our corporate philosophy, "We at SANYO DENKI Group Companies aim to help all people achieve happiness, and work with people to make their dreams come true." In order to enhance the meaning of our company's existence, the position of each stakeholder is respected in order to implement the corporate philosophy.

Officers
Officers
Corporate Governance Report
Corporate Governance Report
Corporate Governance Structure
Corporate Governance Structure

Board of Directors

The board of directors always ensures that the activities of directors and employers comply with laws, regulations, and the Company's Articles of Incorporation. The board receives reports from the heads of divisions at regular board of directors meetings, and when needed.
The board also makes decisions, issues instructions, and provides guidance when necessary.
The board of directors appoints the necessary number of operating officers to realize systematic, appropriate, and speedy execution of operations, provides individuals the responsibility and authority they need to carry out their duties, oversees operations, and receives reports from the operating officers at board of directors meetings or whenever necessary.

Board of Auditors

Auditors audit the operations of the directors and check whether operating officers, and then the divisions under their control, are executing operations appropriately according to laws, regulations, the Articles of Incorporation, and by-laws.

Audit Department

The audit department, under direct control of the president, performs audits to check whether operations in all divisions of the company and its subsidiary group companies are being conducted appropriately according to laws, regulations, the Articles of Incorporation, and by-laws. It also provides guidance when it believes a practice needs to be improved.

Compensation Committee

The Compensation Committee that consists of one outside director excluding representative directors and three outside directors, as an advisory committee, examines the salaries for directors and operating officers, and reports it to the board of directors.

Internal Control Evaluation Committee

The internal control evaluation committee evaluates the internal controls of the company and group companies, and reports it to the board of directors. The board of directors then instructs or provides guidance based on the evaluation report.

Business Conduct and Practices Committee

The Business Conduct and Practices Committee, appointed by the board of directors, provides employees of the company and subsidiary group companies with thorough training on compliance with laws, business conduct, and practices.