Our group aims to realize highly transparent management and sustainably increase our corporate value. We will work to establish sound corporate governance, ensure compliance, and strengthen risk management, and promote fair and honest corporate activities. As a trusted company, we will achieve sustainable growth while fulfilling our social responsibilities.
Primo Group's Contribution to the SDGs in the Field of Governance
Corporate Governance
Primo Group considers contributing to society and continuously improving its corporate value to be the most important management issue, and aims to be a corporate group that is trusted not only by customers, but also by stakeholders such as shareholders, business partners, local communities, and employees.To achieve this, we are implementing various initiatives to ensure the soundness, efficiency, and transparency of management, and are working to enhance corporate governance.
Corporate Governance System
In order to achieve sustainable growth and increase in corporate value, the Group considers the establishment of sound and transparent corporate governance to be one of its most important management priorities. We will strengthen appropriate supervisory functions centered on the Board of Directors, promote prompt and fair decision-making, and thoroughly implement management based on legal compliance and ethics, in order to operate the company in a way that lives up to the trust of all stakeholders.
Risk Management
The Group manages company-wide risks not only for business risks but also for sustainability-related issues and risks through the Management Meeting and the Risk and Compliance Committee. The Risk and Compliance Committee meets quarterly to consider and decide the Group's response policy for risks that require correction or prevention, as well as legal amendments. Based on the content, the Management Meeting will deliberate on the matter and report it to the Board of Directors as appropriate, and each Group company will be informed as necessary.
Going forward, we will continue to review our management strategies and business plans in response to changes in the environment and work on risk management.
Risk and Compliance Committee
We have established a Risk & Compliance Committee, headed by the Representative Director, as an organization for the purpose of monitoring and responding to company-wide risks related to compliance at our company and other group companies, and it meets once a quarter. The Risk & Compliance Committee is attended by our company's directors, division heads (executive officers), general managers of subsidiaries, and the Internal Audit Office, and deliberates important matters related to compliance at our group and decides on basic policies. By sharing the contents of these matters with each group company, we ensure that all officers and employees of our group comply with laws and regulations, have good sense and responsibility as members of society, and perform their work honestly and fairly.
