Materiality 7
Effective
corporate governance
Basic policy
NITORI Group places top priority on sustainable growth and the medium- to long- term improvement of corporate value in its management. The Group believes that enhancing its corporate governance system is necessary for achieving these goals. To enhance corporate governance, the Group aims to build an organizational structure to respond promptly to any changes in the business environment, practice fair and transparent management as a listed company, and disclose accurate information to all stakeholders in a timely manner. Meanwhile, the Group will develop an internal system to establish its corporate social responsibility and corporate ethics.
81KB]Directors
Skills Matrix
Of the skills, etc. held by each Director, maximum of six main skills are marked with ●.
Discussion with Outside Directors
Under the theme of “Developing Nitori Group’s Next Generation of Leaders,” an outside director who has served on our Board since 2022 and next-generation leaders responsible for managing Group companies came together to exchange perspectives from their respective positions on the importance of succession planning and the strengths and characteristics of our human resource strategy.
Click here for the discussion（published in Integrated Report2024）
Past interviews with outside directors are available in the Integrated Report archive.
Board of Directors’ effectiveness evaluation
In analyzing and evaluating the effectiveness of the Board of Directors in FY2024, our Board of Directors reviewed the issues identified in the effectiveness evaluation conducted in FY2023, using a questionnaire to determine the status of improvement and progress.
Based on the issues identified through the evaluation of the effectiveness of the Board of Directors and the open and honest opinions of each director freely responded to the questionnaire, our Board of Directors has decided that the most important issue is “deepening discussions on the Nitori Group’s growth strategy.” In addition, we decided to continue our efforts from the previous year to “ensure appropriate deliberation time for important proposals” and “promote smooth communication among directors.” Moreover, we have decided to further enhance functions and effectiveness of the Board of Directors by taking on a new initiative to “strengthen discussions on group risk management.”
Executive compensation system
Performance-based stock compensation system
