Nikon 2009 Annual Report Download - page 25

Corporate Governance Organization Diagram
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
•Business Conduct Committee
Code of Conduct Hotline
•
Export Control Committee
Risk Management Committee
•Environmental Committee
•Social Contribution Committee
•
Safety and Health Committee
•
•Integrated Disaster Prevention
and BCM* Committee
*Business Continuity Management
Financing & 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
General Shareholders’ Meeting
stipulating the rights and responsibilities of each organiza-
tion and management positions, and for Group companies
provide guidance and administration according to the
prescribed standards for both domestic and overseas sub-
sidiaries. These regulations and systems help ensure more
structured and efficient conduct of business operations.
Internal Control System
In 2005, to further enhance the internal controls for
the corporate group, Nikon Corporation overhauled the
structure of its Executive Committee with regard to the
deliberation, resolution, communication and reporting of
business matters, and amended the rules for the delegation
of authority in divisions. We also established an Internal
Audit Department, under the direct control of the presi-
dent and independent of other operations departments,
to conduct internal audits. During the fiscal year ended
March 2009, in addition to the schedule in the audit plan,
we conducted a company-wide assessment of all internal
controls and internal control structures for operational
processes through Nikon Corporation and the Nikon
Group, acting as an independent evaluation division under
Japan’s Financial Instruments and Exchange (J-SOX) Act.
We also conducted a thorough review of network access
rights for all group networks as part of the management of
information assets from April 2007.
Business Conduct (Compliance)
The Nikon Group undertakes various measures to allow all
employees to act properly with full awareness of compliance
in the course of their daily business activities. The Nikon
Business Conduct Committee formulates Nikon Group
policy on compliance. In accordance with the policies thus
formulated, the Compliance Section of Nikon Corporation
fosters compliance-related activities in cooperation with
the Code of Conduct Coordinators stationed in the depart-
ments of the Company and in the Nikon Group companies
within Japan. During the fiscal year ended March 2009,
we conducted education and awareness training sessions to
familiarize employees with the Nikon Code of Conduct,
compliance awareness surveys targeting Nikon Group
employees within Japan and fed back the result to the
relevant departments/companies and held seminars for
managers aimed at preventing power harassment.
Risk Management
The Risk Management Committee was established in
April 2006 to provide for comprehensive management
of the major risks in corporate management, and help
ensure the sustainable development of the Nikon Group.
Specifically, the committee examines and evaluates the
risks within the Group, and formulates strategies to
counter those risks that could have an impact on business
Nikon Annual Report 2009 23