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REVIEW OF CORPORATE GOVERNANCE IN FISCAL 2013
The Fujitsu Group is strengthening its corporate governance to ensure a sustainable increase in corporate value.
Here we report on the status of this initiative in fiscal 2013.
1. Numbers of meetings of key boards and committees
3. Details ofremuneration
2. Major examples of decision-making by the Board of Directors in fiscal 2013
Board of Directors meetings (including extraordinary meetings) 15 times (3 times)
Audit & Supervisory Board meetings 7 times
Attendance of external directors at Board of Directors meetings 95.8%
Attendance of external Audit & Supervisory Board members at Board of Directors meetings 97.8%
Attendance of external Audit & Supervisory Board members at Audit & Supervisory Board meetings 100%
Type Number of
Recipients
Remuneration Type Total Amount of
Compensation
Basic
compensation
Stock-based
compensation Bonuses Other
Directors
(Of which, compensation paid to
external directors)
16
(5)
¥326 million
(¥45 million)
¥38 million
―
¥89 million
―
―
―
¥453 million
(¥45 million)
Audit & Supervisory Board members
(Of which, compensation paid to
external Audit & Supervisory Board
members)
6
(4)
¥107 million
(¥41 million)
―
―
―
―
―
―
¥107 million
(¥41 million)
*1 The above includes directors and Audit & Supervisory Board members who resigned in fiscal 2013.
*2 The limit on remuneration to directors (including external directors) was resolved to be ¥600 million per year at the 106th Annual Shareholders’ Meeting held June 23, 2006.
The limit on remuneration to Audit & Supervisory Board members (including external Audit & Supervisory Board members) was resolved to be ¥150 million per year at the
111th Annual Shareholders’ Meeting held June 23, 2011. The Company is paying the compensation shown in the above table.
•Transfer of Fujitsu Semiconductor Limited’s microcontroller and analog device business to Spansion Inc.
•Liquidation of US subsidiary Fujitsu Management Services of America, Inc.
•Consolidation of mobile phone manufacturing subsidiaries
•Creation of the new global matrix management structure
•Revision of the basic policy relating to establishment of the internal control system
Executive Nomination Committee
Executive Compensation Committee
Audit
Response
Consult
External officer and independent officer
Audit & Supervisory Board members
Kazuhiko Kato
Akihiko Murakami
Megumi Yamamuro
Hiroshi Mitani
Koji Hatsukawa
Executive Directors
Masami Yamamoto
Masami Fujita
Chikafumi Urakawa
Yoshikazu Kudoh
Norihiko Taniguchi
Non-Executive Directors
Oversight
function
Michiyoshi
Mazuka
Miyako
Suda
Haruo
Ito
Tatsuzumi
Furukawa
Jun
Yokota
Takashi
Okimoto
Independence
Advisory
function
Board of Directors
Emphasize oversight of execution by non-executive members,
premised on mutual oversight between directors.
Increased shareholder value through maintaining corporate governance
084 FUJITSU LIMITED ANNUAL REPORT 2014