Sustainability
Corporate Governance
The GLTECHNO Group considers the strengthening of its corporate management functions to be one of its most important management priorities.
The GLTECHNO Group Management Philosophy states that "Top management will not be swayed by selfish desires, will always think and act in the best interests of the organization, and will distribute profits fairly among shareholders, employees, and society." This places the ethics of top management first. The Management Philosophy also makes clear that the company places a premium on shareholder-oriented management, stating that "We will be grateful to shareholders who have trusted the company and invested in it, and will use their capital effectively and respond responsibly to their expectations."
Based on this basic understanding and our recognition of the importance of compliance and risk management, the entire GLTECHNO Group is working together to improve corporate governance in order to respond to the trust placed in us by society.
Governance System
Board of Directors
In principle, the Board of Directors meets once a month, with extraordinary meetings held as necessary. The Board of Directors deliberates matters stipulated in laws and regulations, the Articles of Incorporation, and the Board of Directors regulations, and makes decisions regarding management policies and other important matters concerning the execution of the company's operations.
Audit and Supervisory Committee
The Audit and Supervisory Committee is composed of three outside directors, one of whom is a full-time member and two are part-time members. The full-time member is responsible for auditing duties. The Audit and Supervisory Committee meets once a month in principle, and also holds extraordinary meetings as necessary. The Audit and Supervisory Committee conducts audits from an objective perspective in accordance with the “Code of Audit and Supervisory Committee Auditing and Supervising Standards” established by the Audit and Supervisory Committee.
Management meeting
In order to increase the opportunities for reporting on the status of business execution and deliberating important management matters, the Company holds a Management Meeting, consisting of the Representative Director and President, Directors (including Audit and Supervisory Committee Members), and Operating Officers, twice a month in principle in order to expedite decision-making. In addition to discussing and deciding on important management matters, the Management Meeting also follows up on the operation of the internal control system as necessary.
