Outside directors

Of the Company’s directors, three of them who are Audit & Supervisory Committee members are outside directors. They contribute to strengthening our corporate governance from an external perspective, including by attending the meetings of the Board of Directors. Outside directors who are Audit & Supervisory Committee members, internal audit staff, and Accounting Auditors work together as necessary, exchanging opinions and sharing information to enhance the effectiveness of operations.

Nomination & Remuneration Committee

Of the Company’s directors, three of them who are Audit & Supervisory Committee members are outside directors. They contribute to strengthening our corporate governance from an external perspective, including by attending the meetings of the Board of Directors. Outside directors who are Audit & Supervisory Committee members, internal audit staff, and Accounting Auditors work together as necessary, exchanging opinions and sharing information to enhance the effectiveness of operations.

Introduction and operation of an internal whistleblowing system.
In compliance with the Whistleblower Protection Act, the Company has set up internal and external contact points to receive reports from all Group employees with guaranteed anonymity.

High compliance awareness

We have established the “STARMICA way”. as our action guidelines for all employees, which consists of 10 principles. It was developed from employee surveys and helps to foster a culture of respect for individual dignity and respect for others. In addition, we provide a forum for all employees and management to discuss management strategies at quarterly Town Meetings. We are working to create a system that allows all employees to recognize and share the direction in which the Group is headed. Because we are a company that brings together people from diverse industries, we believe that it is necessary to spread the culture and values that are unique to the Star Mica Group. Fostering an awareness of compliance is one way to do this.
We are also working to prevent all forms of harassment from occurring. This includes removing from our personal goals and assessments the personal quotas and excessive performance rewards that are common in the industry. In addition to our internal whistleblowing system, our Compliance Rules stipulate a duty to report any suspected violation of laws and regulations as soon as one becomes aware of them. We believe that this contributes to curbing not only serious violations but also minor ones.