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54
1999 2003 2010
President 1987~ President Yoshio Tateisi
(member of founding family)
1996~ Management Personnel
Advisory Committee
Omron Principles
formulated in 1990 Revised in 1998 Revised in 2006
Heart and unifying force: Founder and founding family
⇒
The Omron Principles
2000~ Personnel Advisory Committee
2003~ Compensation Advisory Committee
2006~ President & CEO Selection Advisory Committee
2008~ Corporate Governance Committee
2003~ President Hisao Sakuta
(not member of founding family)
2003~ Two members (seven directors) 
Chairman of the Board
of Directors/CEO
President serves as Board of Directors’
Chairman and CEO
Chairman serves as Board of Directors’ Chairman/President
serves as CEO
Separation of
management oversight
and business execution
30 directors 1999~ Number of directors reduced to seven (including external directors)
1999~ Introduction of executive officer system
1999~ Two members
1999
1999
1998
2
00
1
Advisory board Advisory Board
Number of
companies: 5 4356
One
member
One
member
2003~ Three members (four auditors)
External corporate
auditors
Internal company
system/spin-offs
2003> Spin-off of the healthcare business
2003> Spin-off of the relay business
2004> Establishment of an ATM joint venture
company with Hitachi
2004> Spin-off of the amusement business
2007> Entertainment business
becomes an independent
business
2010> Spin-off of the automotive
electronic components
business
2010>
Switch company formed
through a spin-off and merger
Industrial Automation Company
Electronic Components Company
Social Systems Company
Healthcare Company
Creative Service Company
Automotive Electronic Components Company
Advisory committees
Corporate
philosophy
Corporate
Motto
formulated
in 1959
External directors
reduced the number of directors from 30 to 7 in order to
raise the level of corporate governance. Since then, we have
made considerable changes to the governance structure.
At present we have two outside directors. We have
segregated management oversight and business execu-
tion functions, so that directors (excluding the president)
do not execute business. This enhances the transparency
and objectivity of decision-making by management.
Omron has a Board of Corporate Auditors. Under our
governance system, the Board of Directors supervises and
monitors business execution, while the Board of Corporate
Auditors fulfills an auditing function. Moreover, we have incor-
porated the best elements of corporate governance carried
out by companies that operate under a committee system.
Omron strives to raise management fairness and
transparency through its hybrid form of governance sys-
tem, which has four advisory committees: Personnel
Advisory Committee, President & CEO Selection Advisory
Committee, Compensation Advisory Committee, and
Corporate Governance Committee. As in a company that
maintains a committee system, we appoint external direc-
tors to the position of chairman of these four advisory
committees. Corporate auditors are tasked with auditing
the Company’s accounts and legal compliance. Omron’s
Corporate Governance, Compliance, and Risk Management
Corporate Governance Initiatives