Basic views

Apaman, which is the holding company of the Apaman Group, oversees its business activities and supervises the more than 30 consolidated subsidiaries in the Apaman Group. Our highest priorities concerning management include corporate social responsibility (CSR) regarding society, shareholders and all other stakeholders and further increasing synergies among group companies.

Our goal is to use the holding company structure in order to further increase our corporate value by managing the Group with speed and flexibility and becoming more competitive.

The structure of corporate governance at Apaman is centered on the Board of Directors and Audit & Supervisory Board. As a rule, the Apaman representative directors and directors who have executive positions at Apaman are also the representative directors and other directors of Apaman’s major subsidiaries. This facilitates the establishment of business strategies that include group companies, the oversight of management and the best possible allocation of corporate resources.

The supervisory function is performed by the Board of Directors and Audit & Supervisory Board as well as the Group Management Committee, which has the primary roles of performing preliminary studies concerning important matters about management, sharing information and examining information about risk factors. In addition, there is the Internal Audit Department that is responsible for auditing business operations in order to supervise the business units that are operated by individual directors. There is also a Compliance Committee for the purpose of compliance and oversight of regulations based on laws and regulations, which include those related to the operations of Apaman and its group companies (Building Lots and Buildings Transaction Business Act, Antimonopoly Act, etc.), the Whistleblower Protection Act, the Act on the Protection of Personal Information, and other laws and regulations.

Corporate Governance Report