CORPORATE GOVERNANCE

Basic Corporate Governance Philosophy

Our company operates businesses related to "work," which forms the foundation of people's lives, under the vision of "enriching each person's time." For the continuity of our business, earning high trust from society is essential, and we believe that this leads to maximizing corporate value.

Corporate governance is essential to gaining this trust from society, and we actively work on it as an important management issue. Our directors, auditors, and employees each understand their roles and continuously work to maintain and improve awareness of laws, social norms, and ethics, engaging in proper and efficient management activities while striving to enhance corporate governance.

Overview of the Corporate Governance Structure and Reasons for Adoption

Our company has established the general meeting of shareholders, the board of directors, the board of auditors, and accounting auditors in accordance with the Companies Act. Additionally, we have set up an internal audit office to monitor daily business and strengthen internal control. We regularly hold risk and compliance committee meetings to promote risk management throughout the company.

We believe that strengthening corporate governance is important for sustainable growth and medium- to long-term corporate value enhancement. To ensure this, we have adopted the audit committee system with a dual-check function of monitoring by the board of directors and legal audits by auditors. Also, by appointing outside directors and auditors, we ensure that opinions are provided from an objective and neutral standpoint to strengthen governance and effectiveness.

Corporate Governance Structure Diagram

Corporate Governance Report

We have submitted a "Corporate Governance Report" to the Tokyo Stock Exchange.