Sustainability
Group Governance
The Hirata Group consists of Hirata Corporation and 12 consolidated subsidiaries with the Group developing its businesses at bases in Japan, North America, Europe, Southeast Asia, China, and Taiwan.
Status of Group Management at Headquarters
Having established a Basic Policy for Establishing an Internal Control System, the Board of Directors is implementing Group controls. In addition, based on the Affiliated Company Management Regulations established by the Company, we are working to strengthen Group controls by monitoring qualitative management conditions, involving the Company in important decision-making, and ensuring that serious incidents, such as compliance violations, are reported to the Company.
As part of Group management control, the management status report meetings of each affiliated company are held regularly (quarterly for domestic affiliates and semiannually for overseas affiliates) to discuss management risks and opportunities, and to monitor business performance. Furthermore, we have established a meeting body that brings together executives from overseas affiliates to create opportunities for dialogue with each division at Headquarters. The activities and policies of Headquarters are communicated, and opinions are exchanged to promote the operation of the entire Group.
As part of Group management control, the management status report meetings of each affiliated company are held regularly (quarterly for domestic affiliates and semiannually for overseas affiliates) to discuss management risks and opportunities, and to monitor business performance. Furthermore, we have established a meeting body that brings together executives from overseas affiliates to create opportunities for dialogue with each division at Headquarters. The activities and policies of Headquarters are communicated, and opinions are exchanged to promote the operation of the entire Group.
Group Audit System and Its Status
In audits, the Company’s Audit & Supervisory Committee members and other committee members conduct audits of affiliates, and the Group Company Audit & Supervisory Committee Members Liaison Meeting is held on a regular basis to enhance the effectiveness of audits of affiliates by sharing the audit status of Group companies and risk-related matters.
The Internal Audit Department also regularly conducts audits of affiliated companies and reports to the Board of Directors and the Audit & Supervisory Committee in a timely manner.
The Internal Audit Department also regularly conducts audits of affiliated companies and reports to the Board of Directors and the Audit & Supervisory Committee in a timely manner.