Casio 2012 Annual Report Download - page 12

Corporate Governance
To ensure steady progress towards management goals and realize continuous improvement in enterprise value, we believe it is vital that business operations be conducted in an
appropriate and efficient manner, based on swift decision-making by management, and that supervisory functions be strengthened to ensure sound and transparent management.
The Casio Group undertakes a range of measures to ensure the best possible standards of corporate governance.
The Corporate Governance System
Casio has adopted a corporate officer system
to clearly demarcate the supervisory and
executive functions of management. Meetings
of the Board of Corporate Officers are also
attended by directors and statutory auditors.
At the meetings, matters of importance relating
to the conduct of business are discussed to
ensure that decisions are made from a compa-
nywide perspective, to facilitate their smooth
implementation.
The Board of Directors aims to make
important management decisions rationally
and promptly. Directors and statutory auditors
attend these meetings to deliberate upon and
decide such issues.
Statutory auditors, including external
auditors, follow policies set out by the Board
of Statutory Auditors. In addition to attending
meetings of the Board of Directors and the
Board of Corporate Officers, as well as other
important meetings and committee sessions,
the statutory auditors discharge their responsi-
bility for rigorous monitoring of the process of
management of the Company by receiving and
perusing reports from the directors and other
management staff, as well as the minutes of
meetings at which decisions on important
matters were taken, and related reference
material.
The external auditors are independent
executives whose appointments are reported
to the Tokyo Stock Exchange, in line with its
regulations. Statutory auditors are assigned
specialist assistants who support their audit
activities.
External audits by independent auditing
corporations are conducted in accordance with
auditing standards generally accepted in Japan
as being fair and appropriate. The Company
accepts advice on improving operations from
these auditors.
The Internal Audit Department monitors
the performance of duties by the various
organizational units of the Company to check
that this performance conforms to laws and
regulations as well as internal standards
such as the organization control standard. In
accordance with the results of this monitoring,
staff members of the Internal Audit Department
evaluate the performance of each unit and issue
directives for improvement where required.
In addition, basic policies and major issues in
CSR activities across the Group are deliberated
by our CSR Committee, chaired by the officer
in charge of CSR at Casio Computer Co., Ltd.
and comprising the officers in charge of staff
function departments, statutory auditors and
managers of staff function departments.
Corporate governance system framework
Election and
discharge
Election and
discharge
Accounting audit
Accounting audit
Audit
Audit
Oversight
Appointment,
dismissal,
and
oversight
Election and
discharge
Oversight
Internal audit
Business divisions
Group companies
Board of
Corporate Officers
Corporate Officers
Internal Audit Department
General Meeting of Shareholders
Accounting Auditor
Board of Directors
Directors President and CEO
CSR Committee
Subcommittees
Board of Statutory Auditors
Statutory Auditors Audit staff
Profile / Contents To Our
Stakeholders
History Core CompetenceAt a Glance Special Feature CSR Activities Financial Section Corporate Data
Corporate
Governance
ECorporate Governance 1 GCorporate Governance 2
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CASIO Annual Report 2012
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