In addition to creating a management structure that can respond speedily and flexibly to changes in the business environment, the Daiichi Sankyo Group is working to secure legal compliance and management transparency and to strengthen oversight of management and the conduct of operations. We place great importance on building up a corporate governance structure that is responsive to the trust of our stakeholders, especially our shareholders.
Specifically, to clarify the board members’ management responsibility and reinforce their oversight of management and the conduct of operations, their terms of office are set at one year, and four of our ten Directors are appointed from outside the Group. To ensure management transparency, in addition to the appointment of Outside Directors, the nomination and compensation of Directors and Corporate Officers are deliberated by a Nomination Committee and a Compensation Committee. To secure further rightfulness, Outside Directors are in majority in these committees.
Furthermore, for supervision of legal compliance and sound management, the Company has adopted a Kansayaku (Statutory Auditor) system and established a Board of Kansayaku (Statutory Auditors) comprising four Kansayaku (Statutory Auditors), including two Outside Kansayaku (Statutory Auditors).
The Company also employs a Corporate Officer System under the supervision of the Board of Directors for swift and appropriate management decision-making and the conduct of operations. We focus on upgrading internal regulations and their precise application, strengthening our corporate governance system, and realizing thorough compliance.
<Overview of the governance structure>
For more detail, please also refer to our Corporate Governance Report.
