Together with recognizing the importance of corporate ethics based on regulatory compliance, we believe in the need for swift and accurate management to realize optimal corporate value through our basic principles of "Customer First" and "Quality Oriented."
To implement such ideals we are striving to build good relations with all our stakeholders. At the same time, we are making every effort to enhance our corporate governance system.
![Corporate governance](../csr/image/img_governance_01.gif)
Directors and Auditors
DAIDOH LIMITED had adopted an auditor system. Each member of our company's board of directors that includes outside directors retains their independence and voices each of their opinions regarding any decisions to be made. Further, we work to improve and strengthen our auditing system through a system of three auditors that includes two outside auditors.
Compliance System
The company ensures that an independent compliance committee that includes external members is operating in an effective manner.
In consideration of the specific circumstances unique to our business outside Japan, we have also installed and are operating a similar system in the company's operations in those areas.
The board of directors regularly inspects the compliance system and takes regular steps to recognize and resolve any such issues.
The company also maintains an Internal Control Office and Internal Audit Office to ensure proper business operations, the effectiveness of internal controls, and accuracy of financial reporting.
Following the enactment of Japan's Personal Information Protection Law in April 2005, we have taken continual steps to educate all directors and employees regarding issues involving these regulations, and have taken appropriate measures as necessary.
Compliance Hotline
We have established a compliance hotline, which is in operation to ensure that any violations of the company's compliance system are reported. Additional measures have been taken to ensure that employees using the hotline are not subject to any prejudicial treatment arising from their action.
Risk Management System
In accordance with the "Risk Management and Management Committee Regulations," directors and officers that are responsible for their respective departments carry out risk management activities. The Risk Management Committee reports regularly to the board of directors and board of auditors and is responsible for the comprehensive management of risk throughout the company.
The board of directors performs regular reviews of the company's risk management system and looks to identify and improve any problems.
The company also maintains a corporate lawyer to provide legal advice as required.