Strong corporate governance
Approach
Corporate governance is one of the important management foundations for supporting Ajinomoto Group ASV management and for achieving our vision. To enhance the effectiveness of ASV management, we have adopted a Company with Three Committees, in which supervision and execution are clearly separated. This system will facilitate both in “supervising appropriate execution to reflect stakeholders’ opinions” and “flexible decision-making and execution.” The business environment has changed dramatically in recent years due to natural disasters and pandemics, not to mention the extended COVID-19 pandemic. Comprehensive risk management is more important than ever. The Ajinomoto Group companies are committed to complying honestly with the Ajinomoto Group Policy which shows the ideal way of thinking and actions with which Group companies, officers, and employees should comply. We will continue to develop and operate our internal control system properly, consider sustainability actively, and enhance our corporate value on a continual basis.
Specific examples
- Compliance
- Accident and safety management
- Competitive behavior
- Intellectual property protection
- Political activities and contributions
- Business ethics and transparency of payments
- IT management
- Response to natural disasters and diseases
- Systemic risk management
- Data security and customer privacy
- Regulatory capture and political influence
- Environment, social impacts on assets and operations
- Succession planning
- Management transparency
- Human rights and community relations
Related opportunities and risks (
Opportunity
Risk)
Appropriate risk-taking
Business continuity risk or other unexpected losses due to failures in corporate governance or internal controls
Lack of appropriate information disclosure resulting in a loss of investor confidence
Decreased competitiveness due to vulnerabilities in IT management structure
Delay or suspension of operations due to a combination of natural disasters, diseases, and pandemics
Disruptions to organizational operations and decline in business profitability due to changes in macroeconomic conditions
Impact of intellectual property risks on business
Impact of sudden foreign exchange and interest rate fluctuations on business
Higher tax burden due to changes in tax and tax effect
Key initiatives by the Ajinomoto Group
- Raising awareness of the Ajinomoto Group Policies among all Group employees
- Establishing whistleblower hotline
- Strengthening corporate governance system
- Stronger business continuity management (BCM)
- Occupational safety and health management
- Selecting Group-wide significant risks and considering appropriate responses
- Strengthening cybersecurity countermeasures by ensuring information security regulations
- Managing intellectual property risk
- Engagement in dialogue with various stakeholders
Related SDGs
Activity Report
- ASV Report p.73 “Corporate governance”
- Risk management
- Occupational safety and health
- Compliance
- Proper use and management of intellectual property
- Cybersecurity and personal information management
- Relationships with local communities