Corporate Governance

Basic Views

Konami Group's corporate goal is to be an enterprise that keeps our stakeholders always looking forward with anticipation as we create and provide our current and future customers with products and services that offer "Valuable Time." Our fundamental management policy is maintaining a shareholder-focused approach, and sound relationship with involved stakeholders and contributing to the development of a sustainable society as a good corporate citizen.

In order to realize open and transparent management, which is essential for holding fast to these fundamental management policies, we promote the management that keeps in mind at all times enhancement of the corporate governance system.

Corporate Governance Overview

Corporate Governance Overview

The Company transitioned to a holding company structure in March 2006. Accordingly, the functions of business management and business execution are distinctly segregated, with the Board of Directors taking on the roles of deciding business principles and strategy for Group management, supervising business execution, and making decisions on important matters. The Company aims to maximize the corporate value of the Group by accordingly increasing speed of management and optimally allocating business resources.

The Company's Board of Directors consists of eight members, three of whom are Outside Directors who have been designated as Independent Officers as provided for in the regulations of the Tokyo Stock Exchange. The Company deems that the three Outside Directors who are also deemed Independent Officers do not pose potential for conflict of interest with general shareholders. As such, they are capable of making appropriate judgments with respect to making decisions on important matters in the Board of Directors, in conjunction with the other five Directors.

Meanwhile, the Company's Audit & Supervisory Board consists of five members, four of whom are Outside Audit & Supervisory Board Members who have been designated as Independent Officers as provided for in the regulations of the Tokyo Stock Exchange. The respective Audit & Supervisory Board Members engage in audits regarding Directors’ business execution, which largely involves attending meetings of the Board of Directors and interviewing the Company's executives.

The Company has entered into a limited liability contract with Outside Officers with respect to their liabilities provided for in Article 423, Paragraph 1 of the Companies Act. Under this contract, the liabilities of Outside Officers shall be limited to the aggregate total of the amounts stipulated in each item of Article 425, Paragraph 1 of the said Act.

Moreover, the Company has established the Compliance Committee, the Risk Management Committee, and the CSR Committee. The Compliance Committee acts as a body that strives to ensure thorough legal and regulatory compliance across all of the Company's activities and accordingly implements the Konami Group's compliance controls. The Risk Management Committee acts as a body that centrally identifies and appropriately addresses risks that could potentially have a material impact on the Company and the Konami Group. The CSR Committee acts as a body that actively promotes corporate social responsibility initiatives through the Company’s core businesses, leveraging strengths of the Konami Group.

Corporate Governance Report