Toshiba 2011 Annual Report Download - page 45

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Name Reasons for selection Significant concurrent positions
Hiroshi
Hirabayashi
Mr. Hirabayashi currently properly supervises the
Company’s management based on his rich
experience and knowledge as a diplomat,
including ambassador in charge of inspection.
Outside director, Mitsui & Co., Ltd.; outside director, Daiichi Sankyo
Company, Limited; outside director, NHK Promotions Inc.;
president, The Japan-India Association.
Takeshi
Sasaki
Mr. Sasaki currently properly supervises the
Company’s management based on his rich
experience and knowledge as a political scientist
and University administrator.
Professor in the Department of Political Studies in the Faculty of
Law, Gakushuin University; president of the Association For
Promoting Fair Elections; outside director of Orix Corp; president
of National Land Afforestation Promotion Organization; outside
director of East Japan Railway Company, chairman of Labo
International Exchange Foundation.
Takeo
Kosugi
Mr. Kosugi currently properly supervises the
Company’s management based on his rich
experience and knowledge as a specialist in law.
Partner & attorney-at-law, Matsuo & Kosugi; outside auditor of
Nihon Servier Co. Ltd.; outside director of Fujifilm Holdings Corp.;
supervisory director of Mori Hills REIT Investment Corp.
1) Names and other details.
All three outside directors are independent directors as provided for in Article 436-2 of the Security Listing Regulations of the Tokyo Stock
Exchange, etc.
developing countermeasures to specific risks, plus
measures to prevent their spread and recurrence.
*Chief Risk Compliance Management Officer
The Corporate Audit Division, now staffed by 52
people, reports directly to the president. It is
responsible for internal audits from the
perspectives of appropriate operational
procedures, accountability of results and legal
compliance.
The Division holds advance discussions with
the Audit Committee on each year’s audit policy
and plans. It also holds semimonthly liaison
The Status of Internal Audits and
Audits by the Audit Committee
Outside Directors
meetings with the Audit Committee for pre-audit
discussions and to share information on the
divisions subject to audit.
The Corporate Audit Division carries out
on-site inspections and reports its results to the
Audit Committee. However, if it deems it necessary,
the Audit Committee has the right to carry out its
own on-site inspections.
At the Furthermore, in addition to receiving
explanations from independent auditors (CPA) on
their audit plans at the beginning of each fiscal
year, the Audit Committee can also request reports
on the status of audits during the course of each
term, and explanations and reports on end-of-year
audits, as necessary.
TOSHIBA Annual Report 2011
43
A01_東芝様AR2011_前半.indd 43 11.8.15 5:15:06 PM