Initiatives to Improve Corporate Value
G (Corporate Governance): Sophisticated Corporate Governance System
The first Japanese banking group which adopted a committee-based corporate governance structure
in 2003 for management transparency and objectivity
Majority of the Board members are
independent outside directors
[% of companies listed on TSE*1] 9.2%
Ratio of female directors: 25%
Independent outside directors only
Introduced succession plan in 2007 and
ensure objectivity by drawing on the advice of
outside consultants
Independent outside directors only
Introduced share benefit trust as performance
based stock compensation program for officers in '20
Outside
directors
8
Nominating
Committee
Board
Female
directors
3
Compen-
of
[Avg. % of companies listed on TSE*2] 11.0%
sation
Directors
Committee
■Chairperson of the Board of Directors
Independent outside director appointed for chairperson from Jun. '22
[% of companies listed on TSE Prime*³] 3.6%
Audit
Committee
Outside directors*4
Chiharu Baba
Kimie Iwata
Setsuko Egami
Chairperson,
Chairperson,
■Majority of independent outside directors
Introduced double report line system in '16
Compensation
Committee
(Former Deputy President of Mizuho Trust
& Banking)
Sawako Nohara
Member,
Compensation
Committee
President of IPSe Marketing
Nominating Committee
(Former Deputy Director-General Human
Resource Development Bureau Ministry of Labor,
Former Director & Executive Vice President of Shiseido)
Masaki Yamauchi
Chairperson,
Audit Committee
Member, Nominating
Committee
Member, Compensation
Committee
(Former Professor, Faculty of Sociology,
Musashi University)
Katsuyuki Tanaka
Member,
Audit Committee
Member,
Nominating Committee
(Former Chairperson of Yamato Holdings)
Attorney-at-law (Tokyo Seiwa Law Office)
Internal directors *4
Shigeki Ishida
Deputy President
Mikio Noguchi
Executive Officer
and Executive Officer
Fumihiko Ike
Chairperson of
the Board of Directors
(Former Chairperson of Honda Motor)
Ryuji Yasuda
Member,
Audit Committee
Management consultant (former professor at
Hitotsubashi University Graduate School)
Masahiro Minami
President and
Representative
Executive Officer
*1. Source: Tokyo Stock Exchange (Aug. '22) *2. Source: 2021 Nadeshiko Brand Report issued by the Ministry of Economy, Trade and Industry
*3. Source: Dai-ichi Life Research Institute (Oct. '22)
*4. Nominees for directors at the 22th Ordinary General Meeting of Shareholders to be held in June 2023
Hisahiko Oikawa
Member,
Audit Committee
Resona Holdings, Inc. 58View entire presentation