Corporate governance

Based on Group Basic Philosophy that "the Topy Industries Group shall fulfill its responsibilities as a public entity to society through the continuation and development of its business, and contribute to realization of a sustainable recycling-oriented society," we aim to increase our corporate value over the medium to long term by establishing a governance system appropriate for our company from the standpoint of management soundness, transparency, efficiency, etc., in order to maintain and increase the trust of our stakeholders.

Our company is a company with an Audit and Supervisory Committee. The Board of Directors, composed of executive directors familiar with the Group's business and independent outside directors, makes decisions on important management matters and oversees management. In addition, the Audit and Supervisory Committee, which is legally granted strong auditing powers, audits management. Through these efforts, we strive to maintain and strengthen the efficiency and soundness of management and improve corporate value.

 

Business Execution Structure

Our company divides its management functions into "management decision-making functions" and "business execution functions," and has adopted an Operating Officer system to revitalize and streamline management.

Nomination Advisory Committee

To ensure fairness and transparency in the nomination of officers, we have established a Nomination Advisory Committee as an advisory body to the Board of Directors. The committee is made up of Representative Director, President and CEO and three outside directors, and is chaired by an independent outside director.

Compensation Advisory Committee

To ensure fairness and transparency in executive compensation, we have established the Remuneration Advisory Committee, which serves as an advisory body to the Board of Directors and is composed of Representative Director, President and CEO and three independent outside directors, and is chaired by an independent outside director.

For details on the status of corporate governance at our company, please refer to the Corporate Governance Report.