Omron 2009 Annual Report Download - page 47

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45
Comments by Outside Director
Executive Organization
Shareholders Meeting
Group CSR Committee Corporate Internal Auditing HQ
President & CEO Selection Advisory Committee
Compensation Advisory Committee
Corporate Governance Committee
Personnel Advisory Committee
Board of Corporate Auditors Board of Directors
Board of Directors OfficeBoard of Corporate Auditors Office
Independent Auditor
President & CEO
Executive Council
Head office divisions Business companies
Board of
Directors (BOD)
The BOD decides
important business
matters such as
company objectives
and management
strategies, while
overseeing the
business practices.
Board of
Corporate
Auditors
This board verifies the
effectiveness of the
corporate governance
system and its
implementation, while
also monitoring the
day-to-day operations
of executives including
directors. The board
consists of four
corporate auditors,
three of whom are
outside auditors.
Personnel
Advisory
Committee
This committee,
chaired by an
outside director, sets
election standards
for directors,
corporate auditors,
and executive
officers, selects
candidates, and
evaluates current
executives.
Compensation
Advisory
Committee
Chaired by an
outside director, this
committee
determines the
compensation
structure for
directors, corporate
auditors, and
executive officers,
sets evaluation
standards, and
evaluates current
executives.
Corporate
Governance
Committee
Chaired by an
outside director, this
committee discusses
measures to
continuously
enhance corporate
governance and
increase fairness
and transparency in
management.
President & CEO
Selection
Advisory
Committee
Chaired by an
outside director, this
committee dedicated
to nomination of the
President, this
committee
deliberates on
selection of the new
President for the
next term and a
succession plan in
preparation for a
contingency.
Executive Council
This council
determines and
reviews important
business operation
matters that are
within the scope of
authority of the
President.
Corporate Governance Structure
Kazuhiko Toyama
I am honored to be reappointed as an outside director for Omron Corporation.
In this economic crisis, which is said to be the worst in a century, we have reached the
point where we will learn exactly how the coordinated worldwide financial policies and fis-
cal stimulus measures will be able to restore vitality to the global economy. I firmly believe
that the world’s corporations and industries must act as the engine in this revitalization.
In addition to deciding the current policies and measures, I believe we also must set a
medium- and long-term course for the Japanese economy and society. I think it is crucial that
we consider the future “make up” of Japan, in other words, what long-term vision we
should have for Japan as a nation, and in doing so we must not forget that fundamental
structural changes will be needed to realize that vision.
One important area in which the advanced nations of the world are demonstrating their
leadership is the establishment of a framework for preventing global warming in accor-
dance with the Post Kyoto Protocol treaty. Japan is taking the initiative to implement changes
needed to create a low-carbon society. Realizing a low-carbon society is pivotal for Japan
as a nation and for fortifying the global competitiveness of Japanese companies.
Omron is taking an active role by working to reduce the CO2emissions from its oper-
ations and also through its contribution to the School New Deal Program recently announced
by Japan’s Ministry of Education, Culture, Sports, Science and Technology to provide tech-
nological upgrades to schools in Japan.
I am eager to apply my experience to help guide Omron’s management activities as a
company working to shape Japan’s future as a nation.
Dialogue between the President
Sakuta and Mr. Toyama is on page 20.
Masamitsu Sakurai
Career Summary
April 1966 Joined Ricoh Company
June 1992 Appointed Director
June 1994 Appointed Managing Director
April 1996 Appointed President and Representative Director
April 2007 Appointed Chairman and Representative Director (current position)
June 2008 Appointed Director of Omron Corporation (current position)