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Our management philosophy is “Connecting people and society to the future with a smile” and our management vision is “Becoming an infrastructure hub for a better life through the power of home appliances and ICT.” To realize the goals of our vision and philosophy, the Group chose seven material issues(materiality) that we should address first.
The Company examined these issues from the viewpoints of their risks and opportunities, while incorporating them into our management strategies and business portfolio. We intendto continue improving our corporate governance system to better manage the value creation processes that we have built up, using our capital flow in a beneficial cycle to create more social and economic value.
To improve the supervisory function of the Board of Directors and the execution divisions, the Group ensures diversity of the Board of Directors by increasing the number of independent outside directors, appointing female directors, and in other ways. At the same time, the Group is working on improving management effectiveness by establishing the Board of Directors Effectiveness Evaluation Committee, which is made up of a majority of outside directors, as well as the Nomination and Compensation Committee. As a result of appointments at the General Meeting of Shareholders held in June 2024, the percentage of independent outside officers among all directors is 44.4%, and the percentage of female directors is 22.2%. Thepercentage of independent outside officers among all directors and auditors is 53.8%, and the percentage of female officers is 30.8%. The Group will continue to strengthen the monitoring function of the Board of Directors, which supports the Company’s value creation processes.
