Organizational Governance

As the basis of our corporate governance policy, we are committed to swift, appropriate, fair and transparent decision making by management, in order to secure the trust of society and maintain sustainable growth as a company.

Taisei has adopted an executive officer system, enabling the Board of Directors (comprising ten directors including two outside directors as of April 1, 2011) to focus on decision-making and supervision. Taisei's Board of Directors also has various committees (such as the Human Resources Committee, the Financial Committee, and the Group Companies Committee).

The Board of Auditors (comprising four auditors including three external auditors) serves to ensure the independence of audits and strengthen the Taisei Group audit system as a whole. The Board of Auditors conducts internal audits in close cooperation with the company's accounting auditors and the internal audit organization.

In accordance with the Basic Policy on the Establishment of Systems to Ensure Proper Operations established under the Japanese Companies Act, Taisei takes specific measures to ensure appropriate group systems and the effectiveness of internal controls as well as to enhance the reliability of financial reports.