Nihon Parkerizing Co., Ltd.

NIHON PARERTIXING GROUP

Nihon Parkerizing Co., Ltd.

NIHON PARERTIXING GROUP

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
Ratio of Outside Directors: 50%

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

Corporate governance structure
Corporate governance structure