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At the OMRON Group, corporate governance is defined as the system of processes and practices
based on the Omron Principles and the Omron Management Philosophy. The system is intended to
ensure transparency and fairness in business and speed up management decisions and practices. This
is done by connecting the entire process from oversight and supervision all the way to business
execution in order to boost the OMRON Group’
s competitive edge. Omron’
s corporate governance
also involves building such a system and maintaining its proper function. The ultimate objective is to
achieve sustained enhancement of corporate value by earning the support of all stakeholders.
Omron Corporation established the Omron
Corporate Governance Policies based on the
Basic Stance for Corporate Governance. Since
establishing the Management Personnel
Advisory Committee in 1996, we have spent
nearly 20 years in formalizing and strengthening
our systems of corporate governance. We
intend to continue our pursuit of ongoing
corporate governance improvement as we
develop our own unique vision of governance.
Basic Stance for Corporate Governance of the Company
Omron Corporate Governance Policies
Corporate Governance
Omron continually reviews and improves our corporate governance structures supporting
sustainable value creation
Corporate Governance Initiatives
1999 2003 2011
1996: Management Personnel
Advisory Committee
1990: Omron
Principles 1998: Revised 2006: Revised 2015: Revised
2000: Personnel Advisory Committee
2003: Compensation Advisory Committee
2006: CEO Selection Advisory Committee
2008: Corporate Governance Committee
Audit & Supervisory
Board
(Outside Members)
Advisory and Other
Committees
Corporate
Philosophy
1959:
Corporate
Motto
Omron Corporate
Governance Policies
2015 Established
2011: Yoshihito Yamada
1987: Yoshio Tateishi
President served as both
30 directors
1999: Revised articles of incorporation, setting number of board members to 10 or fewer
1999: Adopted executive officer system
1999: Advisory Board
2003: Two outside directors
(seven directors)
2001: One
outside director 2015: Three outside
directors (eight directors)
1998: One
member 1999: Two members 2011: Two members
(four auditors)
2003: Three members
(four auditors)
Chair of the Board
of Directors / CEO
Separation of
management
oversight and
business execution
Advisory Board
Outside Directors
President 2003: Hisao Sakuta
Chairman serves as chair of the Board of Directors;
president serves as CEO
OMRON Corporate Governance Policies
http://www.omron.com/about/governance/governance/pdfs/20160329_
governance_policies_e.pdf
70 OMRON Corporation