Corporate Governance

Basic Concept

We prioritize enhancing corporate governance to enhance the stability and transparency of our management. We are committed to establishing a resilient management framework that can adapt swiftly and effectively to shifts in the business landscape and legal regulations.

Corporate Governance System

Corporate Governance Report

For details on corporate governance, please refer to the following documents. (Japanese only)

• Corporate Governance Report（March 23, 2023）
• Corporate Governance Report（March 25, 2022）
• Corporate Governance Report（December 15, 2021）
• Corporate Governance Report（March 25, 2020）
• Corporate Governance Report（March 27, 2019）
• Corporate Governance Report（March 28, 2018）
• Corporate Governance Report（March 24, 2017）

Status of Directors and Audit & Supervisory Board Members

The Company has appointed seven directors and three corporate auditors.

Appointment of Directors and Audit & Supervisory Board Members

Category	Name	Reasons for appointment	Board of Directors Attendance of Meetings
Directors	Oda Tetsuji	The individual mentioned held various roles within the organization, including development, and assumed the position of Director in March 2010. In March 2016, they were appointed as President and Representative Director, the role they currently hold. In their capacity as Chief Executive Officer, they are actively applying their management expertise to drive sustainable growth. Based on their track record and the expectation that their management skills will continue to be valuable for the company, they have been appointed as a Director.	19/19
	Suzuki Shinichiro	The individual mentioned had a background in sales-related roles and held the position of Director starting in March 2002. They were appointed as President and Representative Director in March 2005, followed by Chairman of the Board in March 2016, and then Chairman of the Board (their current position) in January 2018. In light of the expectation that their management skills will remain valuable for the management of Group companies, they have been appointed as a director.	19/19
	Abe Osamu	The individual mentioned had experience in the motorcycle business and related fields. They were appointed as a director (their current position) in March 2016. It was decided that their skills will remain valuable for furthering the promotion of the motorcycle business, leading to their election as a director.	19/19
	Sugimura Yasuhiko	The person in question had a background in corporate planning and administration. They were appointed as a director (their current position) in March 2016. It was determined that their skills will remain relevant for roles in management, corporate planning, and other areas, leading to their appointment as a director.	19/19
	Ishida Keiichiro	The individual in question had prior experience in motorcycle business operations and served as the representative director of a domestic subsidiary. They were elected as a director based on the assessment that their skills would continue to be valuable for promoting the motorcycle business and managing domestic subsidiaries.	19/19
	Baba Tomoyoshi	The individual, possessing a broad knowledge base that includes governance and compliance as a lawyer, is deemed suitable for overseeing management. They have been appointed as an outside director based on this assessment.	17/19
	Nishio Masayuki	Given the experience of serving as a director and corporate auditor of a company listed on the Prime Market of the Tokyo Stock Exchange and having worked overseas extensively, this individual has been appointed as an outside director. Their appointment is based on the judgment that they are well-suited to play a significant role in strengthening corporate governance and providing oversight of management by offering advice from a global perspective.	14/14
Corporate Auditors	Suzuki Soichiro	In consideration of his extensive experience in serving as a director and Audit & Supervisory Board member of a financial institution, he has been appointed as an Outside Audit & Supervisory Board Member. His appointment is based on the judgment that he can effectively carry out his responsibilities as an Audit & Supervisory Board Member.	9/19
	nakamura hidekatsu	Given his extensive experience as a management consultant, he has been appointed as an Outside Audit & Supervisory Board Member. This decision is based on the belief that he can effectively fulfill his responsibilities as an Audit & Supervisory Board Member.	19/19
	Kageyama Takayuki	Due to his extensive experience as the head of a tax accountant firm, as well as his prior roles as the head of the National Tax Bureau and a tax office, he has been appointed as an Outside Audit & Supervisory Board Member. This appointment is based on the belief that his substantial experience will enable him to effectively carry out his responsibilities as an Audit & Supervisory Board Member.	18/19