Dialogue Between Outside Directors (Governance)
Five years have passed since I was appointed as an outside director at UACJ, and during that time, the Company’s corporate governance has greatly evolved. Compared with the time when I was appointed, decision-making and management execution has sped up significantly because the number of directors and executive officers has been substantially reduced. Moreover, we have made progress in separating the functions of management supervision and execution, and further clarified the roles of directors, auditors, and executive officers. The Nomination and Remuneration Advisory Committee is a testament to how the Company’s corporate governance has evolved. It conducts in-depth discussions in each of its meetings from its standpoint of supervising management, and the majority of its members, including the chairperson, are outside directors.
