Corporate Governance

By strengthening its corporate governance, Daicel is increasing its corporate value. This is recognized as an important management initiative that will enable the Company to achieve its social mission and responsibilities as a listed company.
The Company maintains its agility by clarifying the responsibilities of each part of its organization and by adopting a management system that supports timely decision-making and implementation. Moreover, by actively soliciting external opinions and incorporating positive suggestions in its operations, Daicel is maintaining the soundness of its corporate management while improving management transparency and fairness.
Daicel is the company with Audit & Supervisory Board Members. Also, by welcoming external directors and allowing them to provide opinions and advice based on their expertise, the Company is working to ensure that the decisions made by its Board of Directors are appropriate and the execution of director duties is effectively supervised. The Company has also adopted an executive officer system. The adoption of the executive officer systems has enabled the Company to clearly separate its decision-making, supervisory and business execution functions. Such a clear division of roles has allowed us to bolster our business management structure and, consequently, corporate activities.
In addition, Daicel has adopted an internal company system. Through this system, the Company is promoting various initiatives aimed at strengthening collaboration among its production, sales and R&D functions, improving productivity and strategic functions within its corporate departments, and reestablishing its R&D structure. The Company has established a corporate framework under which its Board of Directors makes management decisions in an efficient manner and fulfills its supervisory functions, and its Audit & Supervisory Board accomplishes its auditing and supervisory functions. Such a framework has enabled us to keep reinforcing our corporate governance.

Corporate Governance

Corporate Governance

Internal Control Systems

In accordance with basic policy for structuring internal control systems, the Daicel Group works to administer and enhance its internal control systems. We believe that these systems help the Daicel Group sustain steady growth. Furthermore, Daicel has established the Internal Control Council as a body charged with grasping accurately the status of the establishment and management of these systems.

Basic Policy for Structuring Internal Control Systems

Response to the Financial Instruments and Exchange Act (Internal Control Reporting System)

The Auditing Office assesses the effectiveness of the Company’s internal control over financial reporting in order to prepare and submit a report to the Financial Services Agency (FSA). Through these activities, the Auditing Office is striving to ensure the reliability and transparency of Daicel’s financial reporting.

Risk Management Initiatives

Daicel established the Risk Management Committee in 2006 as an organization to coordinate and promote Companywide risk management activities. Since its establishment, the Risk Management Committee has guided the entire Company in aggressively conducting risk management activities.

>For more information on risk management initiatives, please visit this website.