Corporate Governance
Initiatives for Strengthening Corporate Governance
At the Nihon Parkerizing Group, we believe that strengthening our internal control system and enhancing our corporate governance is essential in our aim to continuously grow and develop while fulfilling our social mission and responsibilities guided by our corporate philosophy, “We are contributing to the effective use of limited resources on planet Earth, creating new value of resources through surface modification of all kinds of materials, preserving the global environment, and realizing an affluent society”, and we are pursuing initiatives for this purpose.
Outline of Corporate Governance System
As of June 28, 2024
| Organization form | Company with an Audit & Supervisory Committee |
|---|---|
| Chairperson of the Board of Directors | Chairman and Director |
| Number of Directors | 10 (Male:9 Female:1) |
| Number of Outside Directors | 5 (Male:4 Female:1) |
| Term of a director who is not an Audit and Supervisory Committee member | 1 year |
Executive Officer System
We have also introduced an executive officer system to separate the management decision-making and supervisory functions from the business execution functions, thereby accelerating decision-making, improving management efficiency, and clarifying responsibility for business execution.
Internal Control
At the Nihon Parkerizing Group, we have established an internal control system and operate it appropriately to ensure the soundness of corporate management.
Corporate governance structure
