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The KOSÉ Group works pro-actively to strength corporate governance, and has prepared an organizational structure to ensure sound management and raise corporate value.

Corporate Governance Framework

KOSÉ believes strongly in maintaining harmonious relations with all stakeholders including customers, shareholders, business partners, employees, and local communities. It also recognizes the importance of tackling corporate governance reforms to ensure open and fair communication, and an ongoing contribution to corporate value from all stakeholders.

To achieve its goals, KOSÉ has adopted a Corporate Auditor System composed of a Board of Directors and Board of Corporate Auditors that supervise and monitor the execution of business. The Board of Directors consists of ten directors each in charge of specific operations. The small size of the Board of Directors is designed to facilitate rapid decision-making. Also, to improve the efficiency of business execution, KOSÉ has introduced an Executive Officer System, and a Management Committee meets regularly to discuss important business matters.

KOSÉ has also established a Compliance Committee to ensure company-wide compliance, including by board directors. Also, two of its four corporate auditors are external auditors with no conflicts of interest with the Company, and these auditors ensure independent oversight and auditing of KOSÉ management.

Diagram of KOSÉ's corporate governance framework

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