Corporate Governance Structure

The JVCKENWOOD Group believes that one of its most important management issues is to increase the transparency and efficiency of its management decision-making process and improve corporate value by strengthening corporate governance. To this end, we make it a basic policy to enhance our corporate governance through the establishment of a structure that calls for “the separation of management from the execution of businesses”, “the appointment of External Directors and External Audit & Supervisory Board Members”, and “the improvement of check functions by establishing an Internal Audit Division”, thereby strengthening the Company’s internal control system on a Group-wide basis.


[JVCKENWOOD Group Corporate Governance System]

As of December 23, 2021

(Note) EMEA: Europe, Middle East and Africa
APAC: Asia Pacific
DX: Digital Transformation

Corporate Governance Structure (as of December 23, 2021)


Corporate Organizations



Meeting Held in FY 2020

*Title as of March 31, 2021


Board of Directors meetings (14 times/year)

Attendance

Representative Director of the Board

TSUJI Takao

14 times (100%)

Director of the Board

ABE Yasuyuki (Chairperson of the Board)

14 times (100%)

President and Chief Executive Officer (CEO)

EGUCHI Shoichiro

14 times (100%)

Director of the Board

MIYAMOTO Masatoshi

14 times (100%)

Director of the Board

NOMURA Masao

14 times (100%)

Director of the Board

SONODA Yoshio

14 times (100%)

Director of the Board

SUZUKI Akira

11 times (100%) *1

External Director of the Board

IWATA Shinjiro

13 times(92.9%)

External Director of the Board

HAMASAKI Yuji

14 times (100%)

Fulltime Audit & Supervisory Board Member

FUJITA Satoshi

14 times (100%)

Fulltime Audit & Supervisory Board Member

IMAI Masaki

11 times (100%) *2

External Audit & Supervisory Board Member

SAITO Katsumi

11 times (100%) *2

External Audit & Supervisory Board Member

KURIHARA Katsumi

11 times (100%) *2

Audit & Supervisory Board Meetings (15 times/year)

Attendance

Fulltime Audit & Supervisory Board Member

FUJITA Satoshi

15 times(100%)

Fulltime Audit & Supervisory Board Member

IMAI Masaki

12 times (100%)*2

External Audit & Supervisory Board Member

SAITO Katsumi

12 times(100%)*2

External Audit & Supervisory Board Member

KURIHARA Katsumi

12 times (100%)*2

Nomination and Remuneration Advisory Committee meetings (17 times/year)

Attendance

External Director of the Board

IWATA Shinjiro

17 times (100%)

External Director of the Board

ABE Yasuyuki

17 times (100%)

External Director of the Board

HAMASAKI Yuji

17 times (100%)

President and Chief Executive Officer (CEO)

EGUCHI Shoichiro

12 times (100%)*3

Board of Executive Officers meetings

16 times/year

*1 Attendance at Board and Committee meetings since appointed (June 2020 to March 2021)
*2 Attendance at Audit & Supervisory Board meetings since appointed (June 2020 to March 2021)
*3 Excluding five meetings deliberated by outside directors alone