We recognize that the fundamental principle of corporate governance is to ensures transparency and fairness for all stakeholders, including shareholders and to establish a management framework that enables prompt and resolute decision-making. We are striving to enhance corporate governance to maximize corporate value and build relationships of trust with our stakeholders.

We have established a corporate governance system consisting of the Board of Directors and the Audit & Supervisory Board. We have appointed six independent, outside Directors and independent, outside Audit & Supervisory Board members. Attendance of independent officers at meetings of the Board of Directors enables us to make decisions under objective and neutral oversight.

To ensure management transparency and fairness, we have established the Nomination and Compensation Committee and the Special Committee, each of which consists mainly of independent officers.

In accordance with the Companies Act and the Ordinance for Enforcement of the Companies Act, our Board of Directors has adopted the following "Basic Policy for the Establishment of Internal Control Systems" as a basic policy for systems to ensure operations of the company and our group companies are conducted appropriately.