Corporate Governance
Basic Policy
The FEED ONE Group regards corporate governance as a management priority. Our basic policy is to establish an optimal management structure to ensure efficient,
transparent, and sound management practices to gain trust of stakeholders including shareholders, customers, business partners, local communities, and employees, while striving to increase corporate value.
Governance Framework
We aim to expedite decision-making and streamline business execution without compromising the enhancement of supervisory functions. To these ends, we appoint External Directors to enhance the Board of Directors’ risk management framework and ensure transparent management. In addition, we have adopted the Board of Corporate Auditors system, comprising three Corporate Auditors including two External Corporate Auditors to ensure an objective supervision from an independent position over the company’s decision on management and business execution.
- 1Matters related to business execution functions
The Board of Directors, which is composed of Directors and Corporate Auditors, makes important decisions on business executions, and meets once per month in principle. Furthermore, the Executive Committee, which is composed of Executive Officers, in addition to the Board of Directors members, me ets at least once per month in principle to deliberate important matters related to the management. - 2Matters related to audit function
The Board of Corporate Auditors, which is composed of Corporate Auditors, meets once per month in principle. The methods and results of each Corporate Auditor's audit conducted in accordance with the audit plan established by the Board of Corporate Auditors are reported.
In addition, we receive reports from the heads of each department regarding the status of operations, and conduct on-site inspections of each branch, factory, and affiliated company as necessary. Corporate Auditors shall audit the execution of duties by Directors, in cooperation with the Accounting Auditor and the Internal Auditing Division.
Business Conduct Guidekines for Employees and Officers of FEED ONE Group.
- 1Compliance with Laws and Regulations
- 2Cutting off Relations with Antisocial Forces
- 3Environmental Preservation
- 4Contributions to Society
- 5Responsibility for Safety of Products Handled
- 6Compliance with Antitrust Law, etc.
- 7Prohibition of Unfair Competition
- 8Prohibition of Bribery and Excessive Gifts and Excessive Entertainment
- 9Conflicts of Interest Between Employees and the Company
- 10Respect for Human Rights and Prohibition of Discrimination and Harassment
- 11Improvement of the Working Environment
- 12Prohibit Actions that Endanger the Safety and Health of Other Officers and Employees
- 13Report, Consultation and Sanction
- 14Thorough Information Management
- 15Insider Trading Regulations
- 16Protection of Personal Information
- 17Appropriate Use of Information Systems