Omron 2016 Annual Report Download - page 77

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In launching this initiative, we began building a framework based on discussions within
the Corporate Governance Committee, which is made up of outside directors. These
discussions addressed by whom and how such evaluations would be conducted, as well
as how we would link the results of evaluations to improving the effectiveness of the
Board of Directors.
　While objectivity is important, evaluations that solely emphasize form and numerical
data will not lead to substantial and autonomous improvements in effectiveness. To
ensure both effectiveness and objectivity, we asked all members of the Board of Directors
to complete a self-evaluation. Based on the results of these evaluations, the Corporate
Governance Committee performed an evaluation of the effectiveness of the Board. This
evaluation focused on areas having room for reform and improvement.
　The committee then submitted a report to the Board of Directors. This report included
frank opinions and proposals for solving the issues. The report was framed as the result
of an evaluation from outside directors and auditors familiar with Omron and intimately
involved in Omron management oversight. As such, we believe our Board of Directors
accepted the feedback earnestly and
sincerely.
　After receiving the evaluation results,
the Board of Directors promptly set about
implementing operating policies. I believe
that this evaluation of the effectiveness
of our Board of Directors has served
as an impetus for change, and that the
Board of Directors will serve as an even
more robust platform for decision-making,
which will be proven as the Corporate
Governance Committee continues to
gauge our progress.
Message from an Outside Director
Evaluating the Effectiveness of the
Board of Directors
Kazuhiko Toyama
Outside Director
Chairman of the Corporate Governance Committee
President and CEO, Industrial Growth Platform, Inc.
July 2016
Integrated Report 2016 75
Where We
re HeadedAbout Omron Corporate Value Initiatives Corporate Value Foundation Financial SectionCorporate Value Foundation