Governance

 

1. Board of Directors and Supervisors

2. Board of Directors' Resolutions

Important matters resolved by the Board of Directors can be accessed via the link below. Please click the link, enter the code "6534" and look up the month/year requested: Resolution by the Board of Directors

3. Organizational Rules and Regulations

4. Organization Structure

5. Qualifications and Conditions of Independent Directors

Concurrent positions of the Company's independent directors/supervisors can be accessed via the link below. Please click the link, select "Emerging Stocks", click "search" and enter the code "6534": Concurrent positions of the Company's independent directors/supervisors

6. Organization and Operations of Internal Auditing

  • (1) Section of Internal Auditing

    The Company establishes a section of internal auditing affiliated to the Board of Directors which includes an exclusive chief auditor and an auditor.

  • (2) Work Scope

    The internal auditors shall formulate annual auditing plans based on the results of risk evaluation and determine the auditing priority targets and items to be audited in accordance with levels of risks. The annual auditing plan for the next year resolved by the Board, the implementation circumstance of the annual auditing plan for the last year and inadequacy of internal control system and improvements for the last shall be declared on the website named by FSC relatively prior to the end of the fiscal year, within 2 months after the end of the fiscal year and within 5 months after the end of the fiscal year.

  • (3) Providing Auditing Reports

    Auditing reports and follow-up reports which have been examined shall be submitted to independent directors and supervisors for review prior to the end of the subsequent month.

  • (4) Matters of Self-Assessment on the Internal Control System

    Regularly review the effectiveness of each department's self-assessment on the internal control system. And the results along with inadequacy of internal control system and improvements discovered by the auditing section shall be used as major reference for evaluating the effectiveness of whole internal control system and creating Statement of Internal Control System. Statement of Internal Control System shall be declared on the website named by FSC within four months after the end of fiscal year.

  • (5) Supervision over Subsidiary

    To provide assistance and supervision over the implementation circumstance of the subsidiary's internal control system, including the subsidiary in the scope of auditing and reviewing its annual auditing plans, actual implementation circumstance, auditing reports and results of self-assessment.

7. Communication between independent directors, internal auditing officers, and the CPA

  • (1) The Company's internal auditing officers periodically communicate audit reports and follow up on the implementation status of improvement measures with independent directors. Internal auditing officers give and discuss audit reports with independent directors during Audit Committee meetings, and irregularly convene audit meetings as needed.
    Recent communication between independent directors and internal auditing officers is summarized below:
  • (2) The CPA entrusted by the Company was in attendance at the Audit Committee meetings to communicate with independent directors regarding quarterly financial statements or regulatory requirements on financial and tax affairs.
    Recent communication between independent directors and the CPA is summarized below: