Corporate Governance

Tokyo Tatemono has selected a Company with Audit and Supervisory Board format for our organization. We have also established a Board of Directors and an Audit and Supervisory Board, and a Nomination Advisory Committee and a Remuneration Advisory Committee as advisory committees to the Board of Directors. Our executive officer system clarifies the separation of functions between management and business execution. Furthermore, we appoint external directors and external Audit and Supervisory Board members who help us operate under stronger management supervision and ensure transparency. This system ensures effective supervision and supervisory functions with regard to management and also to business execution by directors of the Company. In addition, we have established the Executive Committee, which leads Group-wide management aimed at maximizing the corporate value of the Tokyo Tatemono Group, along with the Risk Management Committee, the Internal Control Committee, and the Sustainability Committee.

Moreover, we employ Group-wide business management to heighten the efficiency of Group management and achieve group synergies. Tokyo Tatemono works to enhance Group governance by concluding Group Management Control Rules with each Group company based on the Group Business Management Standards. As a result, Tokyo Tatemono's approval is required for important decisions such as those concerning business plans, and matters concerning compliance are to be reported to Tokyo Tatemono. Also, Tokyo Tatemono has developed a system to verify business integrity at each Group company, and receives regular reports from Group companies' officers and employees on the status of their execution of duties through such means as dispatching Tokyo Tatemono's directors or Audit and Supervisory Board members, etc. to Group companies. In addition, Tokyo Tatemono's directors monitor Group companies' business plans and profit plans every fiscal year and report to the Board of Directors.