When choosing investee companies, Ant Capital makes our investment decisions after conducting due diligence by interviewing industry sources and by working with attorneys, accountants, tax advisors, and other outside experts so that we have an accurate grasp of the investee company's situation.
Based on the Kao Group Health Declaration established in 2008, Kao is engaged in health management mobilizing a robust organizational framework led by a dedicated department and involving the participation of the employer, the health insurance union, industrial healthcare staff, and external specialists.
Minebea and its subsidiaries have fully cooperated with the DOJ throughout its investigation. Upon overall consideration of applicable laws and relevant facts, and receiving advice from outside experts and others, Minebea has decided to enter into a plea agreement.
Two staff members from the Institute conducted structural behavior monitoring and a survey on traditional building techniques and production systems(from November 25th through December 3rd), while an outside expert tested brick materials(from December 9th through December 12th).
The Board of Directors has also resolved that audits of the operational status of risk management pertaining to day-to-day operations shall be conducted by the Audit Unit, involved divisions, or external experts to examine and assess such risks and that regular reviews shall be undertaken in response to changes in the operating environment.
This summer, three independent reviews- by the Commerce inspector general, the Government Accountability Office, and a blue-ribbon team of outside experts- each questioned the government's cost estimates for the program, criticized the program's managers for not pinning down the designs and called for urgent remedies.
The Company shall formulate a Business Continuity Plan(BCP) to ensure the continuity of its businesses, and in the event of a contingency, set up a task force headed by the President and take prompt action, obtaining support from external experts, etc. as necessary, to prevent or minimize damage.
Provided in the online version are not only the contents in the printed version, but also our specific measures regarding CSR management,"Responsible Care"(environment, health, and safety), and our responsibilities to our stakeholders. To guarantee the report's reliability, as usual we underwent an independent review by the Japan Responsible Care Council, and also received a third-party opinion from an outside expert as an objective assessment of the Group's efforts.
Non-GAAP Financial Measures The company reports certain non-GAAP financial measures that exclude stock-based compensation expense, legal fees and bond costs and recoveries associated with the OptumSoft and Cisco litigations, acquisition-related costs, including external professional fees and severance costs, amortization of acquisition-related intangible assets, loss/gain on investments in privately held companies, other non-recurring charges or benefits, and the income tax effect of these non-GAAP exclusions.
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