Fujitsu 2004 Annual Report Download - page 9

Download and view the complete annual report

Please find page 9 of the 2004 Fujitsu annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 60

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60

7
Management Oversight: The Board of Directors carries out
a management oversight function, supervising the execution
functions of the Management Strategy Council and the
Management Council under its authority.
We believe that ensuring the transparency and efficiency of
corporate management for shareholders and other
stakeholders is essential for good corporate governance. In
order to do so, we have actively appointed outside
directors. In addition, we have separated management
oversight and operational execution functions based on the
belief that this separation helps to improve management
transparency and efficiency.
Our Fundamental Thinking on Corporate Governance
Corporate Governance
The Risk Management Committee monitors on an ongoing
basis the variety of risks to which the company is exposed
and develops strategies to mitigate them. The Committee
reports serious risk-related issues to the Management
Council and to the Board of Directors so that
countermeasures can be thoroughly considered. Through
these and other measures, we are working to strengthen the
risk management structure for the entire Fujitsu Group.
Risk Management
Operational Execution: The Management Strategy Council
discusses and decides upon fundamental policies and strategy
regarding business management. The Management Council
makes decisions on important matters regarding operational
execution. The Board of Directors makes decisions on items
of particular importance on the agendas of the two councils.
Management Organization Regarding Business
Decisions, Operational Execution and Oversight
●
●
●