The Company strives to maintain a highly transparent corporate governance system that can respond quickly to changes in the business environment. As a corporate group that provides the highly public services of broadcasting and communications, we pursue rigorous corporate based on legal compliance while continuously strengthening our risk management system.
Basic Approach to Corporate Governance
As a publicly traded corporation, the Group sees maximizing its corporate value in the capital markets as the primary objective of its corporate governance. To accomplish this objective, we are seeking to establish good relationships with our stakeholders, including our shareholders, the customers who purchase our services, our business partners, our employees, and our local communities. At the same time, while recognizing the importance of corporate ethics based on legal compliance, we are focusing on making quick management decisions in response to a changing social and economic environment, and improving the soundness of our management, as the most important management challenge.
Since the establishment of the company in April 2007, we have worked under this approach to secure and improve transparency and soundness in our management as a corporate group that provides the highly public services of broadcasting and communications, appointing several outside directors and establishing the Nomination & Renumeration Committee, a voluntary board that acts as an advisory body to the Board of Directors. In FY 2015, we introduced our own criteria for judging independence in addition to the criteria for independent directors prescribed by the Tokyo Stock Exchange. While striving to provide timely and accurate information disclosure to our shareholders and investors, we will also enhance the transparency of our management through the disclosure of a wide range of information.