Corporate Governance

Basic Approach

At Japan Vilene, we regard corporate governance as a key element for achieving continuous growth and development in a rapidly changing social and economic environment, while maximizing value for shareholders and stakeholders.
Based on this understanding, we are actively working to enhance our corporate governance through the following initiatives:

Establishment of a Governance Framework

We have developed a clear governance structure to improve transparency and operational efficiency.

Strengthening the Function of the Board of Directors

To accelerate important decision-making and clarify executive responsibilities, we are reinforcing the role and function of the Board of Directors.

Through these efforts, we aim to achieve sustainable growth and become a company trusted by society.

Corporate Governance Structure

Strengthening the Function of the Board of Directors

To enhance transparency in decision-making and strengthen oversight functions, two directors—one of whom is an external director—are appointed from our two major shareholders.
For critical matters related to business execution, decisions are deliberated at the Corporate Officers’ Meeting, which includes Members of Board of Directors, Corporate Officers, Deputy Corporate Officers, and Auditors. This structure enables swift decision-making, while the Board of Directors’ Meeting focuses on monitoring management.
In addition, multiple full-time auditors attend important meetings of both Japan Vilene and its group companies, ensuring thorough oversight of management, including the decision-making process.
Currently, two auditors serve as full-time auditors, one of whom is an external auditor, contributing to the effectiveness of our governance system.
In April 2006, we established a Personnel Committee to enhance transparency in the appointment and treatment of directors and other executives, further invigorating our management structure.