Strengthen the Group management base The Group aims for growth by strengthening cost competitiveness through organizational management across the Company and its Group companies and securing/developing human resources, particularly in the priority areas.
The reportable segments for the Group's oil and natural gas development activities are composed of individual mining area and others for which separate financial information is available in order for the Board of Directors to make Group management decisions.
The Showa Denko Group defines this idea as the Group's business philosophy, thereby promoting management to maximize shareholders', customers' and social value.
We plan to incorporate the opinions and our awareness from our dialogue with Mr. Kawakita into themanagement of the Group and accelerate our efforts to meet the expectations of our stakeholders.
At the Group's management meeting, the president made a speech on commitment to compliance with a view to raising compliance awareness of individual participants.
The SMBC Group launched a new group-based management framework from April 2017, introducing the business division system to further enhance its ability to deal with customers in an integrated manner as a unified group.
Playing to our strength as YCP Group, we have been able to unify our training process as well as cross-share all skills and know-hows required to harness even the most advanced medical care.
Details of the group's management setup following the switchover to a holding company system and the functions of the holding company itself will be announced promptly as soon as their disclosure becomes possible.
Support for Group Business Management/Governance When reviewing the mid-long term management strategy and restructuring of operations/information systems, the current corporate management and governance mechanisms may become incompatible with the actual conditions.
In May 2012, the Company established the Group Management Headquarters to enhance the group management structure and to pursuit synergies among the group companies in domestic and international markets.
The Board of Directors sets the basic management policy and the basic policy for internal control which forms the foundation of the Group management, appoints executive officers and provides supervision over the performance of duties by directors and executive officers.
Instructions are then given based on the results of the audit. At the end of each fiscal year, the Group's management team reviews the ESH management system based on the report about the results of the ESH activities, including the audit results and follow-up surveys.
The auditor monitors the performance of Directors in carrying out their duties, and also works with the auditors of CKH to audit the execution of business related to all aspects of the Group's management.
By establishing a group management system in collaboration with Yawen, the Company will call on its management and brand know-how, state-of-the-art technology, and network in the Chinese market to differentiate Yawen and make further contributions to improving its corporate value.
Under the five-year Group Mid-term Management Plan that started in fiscal 2016, the year ended March 31, 2017, we are determined to achieve the Group's transformation into a"theme park for the security, health and wellbeing of customers" as part of our efforts to realize the Group management philosophy.
Customers As stated in the Group Management Philosophy, carefully consider the interests of our customers when making decisions, and contribute to the security, health, and wellbeing of our customers and society as a whole by providing insurance and related services of the highest quality possible.
NTT Comware considers"ERP" to be one of the key solutions for corporate group management. By participating in the"GRANDIT Consortium", and adding"GRANDIT®" to its solution lineups, will enhance the area of ERP.
To accomplish this, we regard the practice of compliance as one of our highest priorities for Group management and implement fair and highly transparent corporate activities in accordance with corporate ethics, in addition to observing laws and regulations as well as social norms.
ISID aims to be an"IT Solution Innovator" and is proactively developing business operations in a wide range of fields, including solutions for financial institutions, product development solutions, group management and consolidated accounting, human resource management(personnel, payment and performance management), ERP, marketing, and cloud-based services.
Believing that directly and quickly obtaining business-related information from the Group's domestic insurance companies will contribute to the smoothness of Group management, the Company has established a system in which its own directors concurrently serve as directors of the Group's domestic insurance companies.
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