The participating banks are (in order of start of service use and bank code) The Bank of Kyoto, Ltd.; the Chiba Kogyo Bank, Ltd.; the Bank of Iwate, Ltd.; the Senshu Ikeda Bank, Ltd.; the Aichi Bank, Ltd.; the Fukui Bank, Ltd.; the Aomori Bank, Ltd.; the Akita Bank, Ltd.; the Shikoku Bank, Ltd.; the Tottori Bank, Ltd.; the Nishi- Nippon City Bank, Ltd.; the Oita Bank Ltd.; and the San-in Godo Bank. [...] Since the Audit and Supervisory Committee members who are responsible for auditing must also participate in the resolutions of the Board of Directors and the majority of the Audit and Supervisory Committee members must be outside directors, the Company has determined that it can further strengthen the supervisory function of the Board of Directors and corporate governance and further enhance the s. [...] In the delegation of the authority, the Company takes measures to make the authority exercised while respecting the opinions of outside directors and the right of the Audit and Supervisory Committee to express opinions on remuneration, so as to make sure that the authority is exercised properly. [...] The reason for this is to clarify the link between the remuneration of directors and the corporate value of the Company and increase the motivation towards achieving the targets in the MMP. [...] 30 (7) Evaluation of the Effectiveness of the Entire Board of Directors The Board of Directors determines the important matters as regards corporate and group management and supervises execution status of the directors in the quarterly report on execution of duties.
- Pages
- 37
- Published in
- Japan
