The JVCKENWOOD Group has evaluated and analyzed the effectiveness of the Board of Directors since 2016 in accordance with Article 17 of the JVCKENWOOD Corporate Governance Policy. The fourth such effectiveness evaluation was carried out in January 2019, with the results of self-evaluations made by each Director and Audit & Supervisory Board Members aggregated and analyzed by a third-party organization. The results confirmed that awareness of the need to promote improvements to governance was high across the Board of Directors, and that this, together with the establishment of a decision-making process by the Nomination and Remuneration Advisory Committee, demonstrated that the Board of Directors had been sufficiently effective.
We will continue to ensure that the Board of Directors engages in pro-active and sound management by conducting periodic evaluations of effectiveness and disclosing these results.
Summary of the Results of Evaluation on Effectiveness of the Board of Directors (March 2019)