Corporate Governance
Basic Views on Corporate Governance
The sabah 88 lotto Group has made "Respect the Divine and Love People" its corporate motto and "To provide opportunities for the material and intellectual growth of all our employees, and through our joint efforts, contribute to the advancement of society and humankind." as its management rationale.
The sabah 88 lotto Group always strives to maintain equity and fairness and faces all situations with courage and conscience and will realize its management rationale by achieving sustainable growth and raising medium- to long-term corporate value. In doing so, the sabah 88 lotto Group shall build systems to undertake fair and efficient corporate management while maintaining the soundness and transparency of management upon taking into consideration the standpoints of all stakeholders.
Additionally, the sabah 88 lotto Group shall permeate the "sabah 88 lotto Philosophy," a corporate philosophy that is the basis of the management policy of the sabah 88 lotto Group, in all Executives and employees in the sabah 88 lotto Group, and foster a sound corporate culture. The sabah 88 lotto Group shall establish proper corporate governance by building the above-mentioned systems and implementing the "sabah 88 lotto Philosophy." Furthermore, the sabah 88 lotto Group will constantly seek the ideal system for corporate governance and will always evolve and develop its existing corporate governance system.
Systems
The Company has selected a company with an Audit &Supervisory Board as its organizational design.
The Board of Directors shall be composed giving consideration to the balance of experience and insight as well as diversity and appropriate size to make important decisions and supervise the execution of business for the sabah 88 lotto Group as a whole. The Company shall establish a Nomination and Remuneration Committee as an advisory body to the Board of Directors in order to ensure the objectivity and transparency of decision-making procedures regarding the nomination and remuneration of Directors. The majority of the Nomination and Remuneration Committee shall consist of independent Outside Directors.
Additionally, the Company shall set up the necessary committees in a timely manner to establish appropriate corporate governance.
1．Board of Directors
The Board of Directors of sabah 88 lotto is an organization to decide the important matters and supervise the execution of businesses of sabah 88 lotto Group as a whole. It consists of ten Directors including four Outside Directors. The Directors are nominated at the General Shareholders Meeting based on their demonstrated understanding of sabah 88 lotto Group and their outstanding personal qualities, capability and insight.
2. Audit & Supervisory Board
Audit & Supervisory Board Members include two full-time Audit & Supervisory Board Members, originally employees of sabah 88 lotto, as well as two Outside Audit & Supervisory Board Members.
The Audit & Supervisory Board Members are conducting audit of sabah 88 lotto as a whole based on the accurate information about sabah 88 lotto gathered from inside and utilizing variety of viewpoints as outsiders of sabah 88 lotto.
3. Nomination and Remuneration Committee
As consulting organization of the Board of Directors, sabah 88 lotto has established the Nomination and Remuneration Committee, the majority of which consists of Outside Directors. The Board of Directors examines nominations regarding Directors and Managing Executive Officers as well as the remuneration of Directors after consulting in advance with the Committee to ensure that the decision is made in a fair and appropriate manner.
4. sabah 88 lotto Group Management Committee
sabah 88 lotto has established the sabah 88 lotto Group Management Committee consisting of Representative Director and Chairman, Representative Director and President and Managing Executive Officers who live in Japan and sabah 88 lotto holds meetings every month regularly. The Committee examines not only the agendas of the meetings of the Board of Directors, but also other important matters relating to the overall execution of sabah 88 lotto Group business to ensure sound management.
5. sabah 88 lotto Disclosure Committee
sabah 88 lotto has established an organ known as the the sabah 88 lotto Disclosure Committee for disclosure of corporate information. The Committee investigates all disclosure documents for the purpose of assuring the appropriateness of disclosures of corporate information, reporting the results of its investigations to the Representative Director and President, who educates Group companies concerning rules relating to disclosure and promotes appropriate disclosure of information for the entire Group.
6. sabah 88 lotto Group Philosophy Committee
sabah 88 lotto has established the sabah 88 lotto Group Philosophy Committee to educate and permeate "sabah 88 lotto Philosophy," which is our corporate philosophy setting forth the importance of conducting business of management in a fair and honest way, basing its fundamental judgments on a precept that "What do we consider to be the right choice as a human being?" The Committee sets the "sabah 88 lotto Philosophy" education policy for each entity in sabah 88 lotto Group, and discusses and decides upon measures to promote the understanding and practice of "sabah 88 lotto Philosophy".
7. Risk Management Committee
sabah 88 lotto has established the Risk Management Committee to handle sabah 88 lotto Group's risk management. This Committee determines risk management policies, and identifies corporate risks to be addressed by the Group.
8. sabah 88 lotto Group Sustainability Committee
sabah 88 lotto has established the sabah 88 lotto Group Sustainability Committee to promote the sustainable growth of both the sabah 88 lotto Group and society. This Committee discusses business strategies designed to provide solutions to societal needs, policies and targets regarding social requirements aiming to achieve the management rationale and SDGs.
Related Information
Corporate Motto / Management Rationale / Management Philosophy
sabah 88 lotto Group Sustainability
- Top Management Message
- Sustainability Management
- sabah 88 lotto Group CSR Guidelines
- Stakeholder Engagement
- Environmental Safety Policy / Targets and Promotion System
- Measures to Fight Climate Change -Information Disclosure Based on TCFD Recommendations-
- Water Risk Response
- Contribution to the Circular Economy/ Approaches to Waste Reduction
- Initiatives to Prevent Environmental Pollution
- Biodiversity Conservation
- Environmentally Friendly Products / Green Procurement
- Environmental Communication
- A History of Our Environmental Protection Activities
Social Citizenship Initiatives
- The sabah 88 lotto Group Human Capital
- Respect for Human Rights
- DEI Promotion
- Occupational Safety
- Occupational Health, Safety, and Fitness Initiatives
- Supply Chain Management
- Approaches to Raising Quality and Customer Satisfaction Levels
- Social Contribution Activities
- Academic Advancement and Research
- Support for Culture and the Arts
- International Exchanges and Collaboration
- Environmental Protection Activities
- Local Community Activities
- Social Welfare Activities
- Contributions to Society through Business Activities