| |
| Strengthening corporate governance via enhanced management transparency and
thorough risk management |
| |
Basic policies on corporate governance
Under the philosophy of the Code of Conduct—"Be Ethical
(Reliability and sincerity, creativity and flair, transparency and
integrity)" and the Declaration of the Group Code of Conduct,
Company management always considers such priorities as
thorough compliance, emphasis on shareholders’ interest,
ensuring transparency in business management and swifter
decision making. It also works to strengthen corporate
governance on an ongoing basis in response to the changing
business climate. |
|
| |
 Corporate Governance System
|
| |
Reasonable and highly transparent management
system
The Company has implemented an executive officer system
to segregate the functions for decision-making on basic
management policies and for the execution of duties on business
affairs by the Board of Directors and to encourage speedier
managerial judgments.
|
|
|
| |
Business administration reinforced
To adapt to the Itochu Enex Group’s Core & Synergy 2010 medium-term business plan, which was released in May 2008, the Company
has reinforced its business administration system to ensure efficiency and effectiveness while executing business affairs. Through
such efforts, the Company intends to raise transparency in its corporate governance system, maintain and further improve the trust of
stakeholders and raise the efficiency and effectiveness of organizational operations.
|
| |
