Nikon 2008 Annual Report Download - page 25

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Corporate Governance Organization Diagram (As of June 27, 2008)
General Shareholders’ Meeting
Board of Corporate Auditors
Corporate Auditors, Outside Corporate Auditors
Internal Audit Department
Accounting Auditors
Group Auditors
Meeting
Corporate Auditors
Operating Officers
Compensation Committee
CSR Committee
sBusiness Conduct Committee
Code of Conduct Hotline
sExport Control Committee
sEnvironmental Committee
sSocial Contribution Committee
sSafety and Health Committee
sRisk Management Committee
sIntegrated Disaster Prevention
and BCM* Committee
*Business Continuity Management
Financing and Accounting Department / Administration Department (Administration,
Legal Affairs and Corporate Compliance) / Internal Companies, etc.
Representative Director, President,
CEO and COO
Board of Directors
Directors, Outside Directors
Executive Committee
Directors
Group Companies
Certified Public Accountants
Election and
Removal Cooperation
Cooperation
Cooperation
Cooperation
Election and Removal Election and Removal
Audit
Audit
Report
Audit
Audit
organizations, and for Group companies provide guid-
ance and administration according to prescribed stan-
dards for both domestic and overseas subsidiaries. These
regulations and systems provide for more structured and
efficient conduct of business operations.
Internal Control System
In 2005, Nikon further overhauled the structure of the
Executive Committee engaged in the deliberation, resolu-
tion, communication and reporting of business matters
and recreated rules related to the delegation of authority
in divisions in order to further enhance the Group’s inter-
nal controls. An Internal Audit Department, under direct
supervision of the president and independent of all opera-
tional divisions, was also established to conduct internal
audits. During fiscal 2008, this department conducted
internal audits within each Group company of the imple-
mentation and operational status of company-wide inter-
nal controls applicable to the Company Law and to Japan’s
Financial Instruments and Exchange (J-SOX) Act, as well
as the impact on the corporate culture and organiza-
tional environment. A thorough review of network access
authority to be conducted within the Group was also
begun from April 2007.
Business Conduct (Compliance)
The Nikon Group undertakes a range of measures to cre-
ate an environment in which every employee is able to act
properly with full awareness of compliance. The Nikon
Code of Conduct was created to provide a standard for such
actions, and the Nikon Business Conduct Committee has
been established to further its adoption and use. Under
the guidance of this committee, a full-time Compliance
Section conducts compliance-related activities in con-
junction with a Code of Conduct Coordinatorappointed
for each division and domestic Group subsidiary. The prin-
cipal activities of this office during fiscal 2008 included
revisions to the Nikon Code of Conduct and activities to
ensure that it is understood and followed, the unifica-
tion of information through a new intranet site, and the
conduct of a survey on compliance awareness among
Nikon Group employees in Japan, and feedback of its
results to them.
Nikon Annual Report 2008 23