BASIC POLICY

BASIC POLICY
ON CORPORATE GOVERNANCE

To realize its management philosophy, “Contribution to the society through MONOZUKURI,” SHOEI CO., LTD. (the “Company”) is taking steps to strengthen its corporate governance through such means as ensuring the transparency and soundness of the Company’s management and improving its internal control systems.


CORPORATE GOVERNANCE SYSTEM

The Board of Directors is responsible for decision-making regarding the Company’s material business execution and supervises individual Directors in order to achieve sustainable growth and improve corporate value over the medium to long term. To strengthen the supervisory function of the Board of Directors, one of the five Directors is from outside the Company.

In addition, the Company has established an Audit & Supervisory Board in order to conduct appropriate audits of the execution of duties by the Directors. A highly independent auditing system is ensured as two of the three members of the Audit & Supervisory Board are from outside the Company.

(as of March 31, 2018)

Corporate Governance chart