As noted, progress for basic policies 1-3 is favorable.
Basic policy 4 - Evolve the management system
-Review executive compensation structure
Will be implemented officially after General Meeting of Shareholders
-All executives share interests and concerns with shareholders and are highly motivated to achieve management goals
Increased number of outside directors from 2 to 3 from June 2016
-More active deliberations at Board of Directors meetings
-Created long-term vision for next 10 years
As noted, progress for basic policies 1-3 is favorable.
Basic policy 4 - Evolve the management system
-Review executive compensation structure
Will be implemented officially after General Meeting of Shareholders
-All executives share interests and concerns with shareholders and are highly motivated to achieve management goals
Increased number of outside directors from 2 to 3 from June 2016
-More active deliberations at Board of Directors meetings
-Created long-term vision for next 10 years