Messages from Outside Directors
Noriaki ShimazakiDirector (Outside, Independent),
Member, Corporate Governance Committee
For the three existing businesses - the automotive goods business, the statutory safety inspections and maintenance business, and the automobile purchase and sales business - achieving quantitative targets by steadily implementing the medium-term business plan is an absolute must. Furthermore, it is imperative that the earnings base be enhanced by identifying and nurturing new businesses. As an outside director, I will offer cogent advice in both of these areas. In addition, I am aware that increasing ROE is one of the Company’s most pressing concerns, and I intend to make the most of my experience to assist with matters such as making the most effective use of equity and further enhancing corporate governance.
April | 1969: | Joined SUMITOMO CORPORATION |
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June | 1998: | Director of SUMITOMO CORPORATION |
April | 2002: | Representative Director, Managing Director of SUMITOMO CORPORATION |
January | 2003: | Member of Business Accounting Council of Financial Services Agency |
April | 2004: | Representative Director, Senior Managing Director of SUMITOMO CORPORATION |
April | 2005: | Representative Director, Executive Vice President of SUMITOMO CORPORATION |
July | 2008: | Chairman, Sub-committee on Accounting of Nippon Keidanren |
January | 2009: | Trustee of International Financial Reporting Standards Foundation (IFRS Foundation) |
July | 2009: | Special Adviser of SUMITOMO CORPORATION |
January | 2010: | Member of the Management Advisory Committee, BNP Paribas Securities (Japan) Limited (current position) |
June | 2011: | Trustee of Financial Accounting Standards Foundation |
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June | 2011: | Outside Director, AUTOBACS SEVEN Co., Ltd. (current position) |
June | 2011: | Chair of Self-regulation Board & Public Governor of Japan Securities Dealers Association (current position) |
September | 2013: | Advisor, IFRS Foundation Asia-Oceania Office (current position) |
September | 2013: | Advisor, The Japanese Institute of Certified Public Accountants (current position) |
March | 2014: | Member of the Management Advisory Committee, SBI Holdings, Inc. (current position) |
June | 2014: | Chairman, XBRL Japan, Inc. (current position) |
June | 2015: | Outside Director, UKC Holdings Corporation |
Hatsuo OdamuraDirector (Outside, Independent),
Chairman, Corporate Governance Committee
Given the downturn in domestic automobile sales, following developments such as last year’s consumption tax hike, the automobile aftercare market is now faced with extremely difficult conditions. The Company, therefore, will have to make decisions on matters that are increasingly difficult to sort out. As an outside director, I aim to participate in board discussions, in ways consistent with the ideas laid out in the Corporate Governance Code, and intend to contribute to the Company’s corporate value with decision-making that is transparent and fair.
April | 1972: | Joined the National Police Agency |
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April | 1982: | First Secretary, Embassy of Japan in Thailand |
August | 1992: | Director General, Saga Prefectural Police Headquarters |
April | 1998: | Director General, Nagano Prefectural Police Headquarters |
August | 1999: | Director General, Hiroshima Prefectural Police Headquarters |
September | 2001: | Director General, Kinki Regional Police Bureau Director, International Affairs |
April | 2002: | Department, Commissioner-General’s Secretariat, National Police Agency Director General, Imperial Guard Headquarters |
January | 2004: | Retired from the National Police Agency Councilor, Japan |
January | 2006: | Police Personnel Cooperative |
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February | 2006: | Senior Director, Japan Urban Security |
June | 2006: | Research Institute |
December | 2008: | Director General, Institute for Traffic Accident Research and Data Analysis |
June | 2014: | Outside Director, AUTOBACS SEVEN Co., Ltd. (current position) |
November | 2014: | Advisor, Taito Corporation (current position) |
Yoshiko TakayamaDirector (Outside, Independent),
Member, Corporate Governance Committee
Over many years, I have worked in and otherwise been an active contributor in the fields of corporate governance and investor relations. Applying the experience and knowledge I have developed as a result, I intend to help the Company achieve sustainable growth as infrastructure for motorized societies, and contribute to the continuation of sound dialogue with shareholders. I will do this by participating in board deliberations and engaging in discussions with management, while respecting the spirit of the Corporate Governance Code.
April | 1990: | Joined the Tokyo Branch of Bank of America |
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June | 1987: | Merrill Lynch Securities, New York Headquarters |
December | 1990: | Vice President, Tokyo Branch of Merrill Lynch Securities |
December | 1998: | Tokyo Branch of Thomson Financial Investors Relations Asia-Pacific Regional Director |
June | 2001: | Managing Director, J-Eurus IR Co., Ltd. |
March | 2003: | Managing Director, Director (current position) |
June | 2010: | Board Governor, International Corporate Governance Network |
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October | 2010: | Director, Japan Corporate Governance Network (current position) |
October | 2010: | Member, Committee for the Study of Basic Problems in Capital Investment, Pension Fund Association for Local Government Officials (current position) |
June | 2010: | Outside Director, AUTOBACS SEVEN (current position) |