Basic ideas of corporate governance
Mitsubishi HC Capital Inc. recognizes that it is one of its social responsibilities to carry out transparent and sound management while focusing on the sustainable growth of the company and the improvement of corporate value over the medium to long term. We respect the rights and interests of all stakeholders surrounding our company, including shareholders, customers, local communities, and employees, and strive to contribute to the realization of a prosperous society while responding to their trust. As well as doing these activities, We are continually working to improve our corporate governance.
In order to fulfill our social responsibility, we are continuously working to improve our corporate governance by activating the Board of Directors, enhancing the Audit and Supervisory Committee and internal audit system, disclosing information in a timely and appropriate manner, and activating investor relations (IR) activities.
Three of the ten Directors (excluding those who are members of the Audit Committee) are Outside Directors, and three of the five Directors who are members of the Audit Committee are Outside Directors. The experience, achievements, and insights of outside directors in their respective fields are utilized to ensure the effectiveness of the Board of Directors in making appropriate decisions and supervising overall management.
In addition, we have established an auditing system in which The Audit and Supervisory Committee is composed of a majority of independent outside directors, and outside directors who are Audit and Supervisory Committee Members conduct audits from an independent, neutral and objective standpoint to ensure the soundness of our management.
Corporate Governance Structure
In order to enhance the fairness and transparency of management, strengthen the supervisory function of the Board of Directors, and improve corporate governance, the Company will adopt a company with an Audit Committee. In addition to important matters such as the nomination and remuneration of directors, the Company has a voluntary Governance Committee consisting of outside directors (including directors who are members of the Audit Committee), representative directors, and internal directors appointed by the representative directors as an advisory body to the Board of Directors on matters such as improving the effectiveness of the Board of Directors. In addition, the Company has established a Management Committee, and certain important matters are decided after deliberation by the Management Committee Based on the delegation of the Board of Directors. Through these efforts, we endeavor to make speedy on business execution.