As part of its internal controls that support corporate governance, Gunze has well-established systems in place for compliance, risk management and information disclosure (see chart). As for internal controls related to financial reporting stipulated by the Financial Instruments and Exchange Law, we have formulated internal control implementation guidelines. In accordance with these guidelines, internal control systems have been established for implementation at Gunze and its consolidated subsidiaries. Evaluation of internal control systems is also conducted and results are released in comprehensive reports.
CSR Promotion System COO:Chief Operating Officer CCSRO:Chief CSR Officer CCO:Chief Compliance Officer
To ensure strict compliance with laws and regulations across the Gunze Group and maintain high standards of corporate ethics, a CSR Promotion Section was established and a Chief CSR Officer (CCSRO) and a Chief Compliance Officer (CCO) were appointed. Also, based on its internal risk management rules, Gunze has built a solid cross-divisional risk management system to avoid potential risks and prepare for unexpected contingencies.
Gunze places high importance on communication with its stakeholders. Consequently, Gunze functions as an open-door corporate group, proactively providing accurate and integral corporate information. To this end, the internal rules that underlie the policy for information disclosure have been set forth, and compliance with these rules is ensured among all employees. In addition, Gunze uses such opportunities as financial results presentations (twice a year), and explanatory meetings when formulating a medium-term management plan to release corporate information, as well as through constant updates of its corporate website.