Change size
The Tokyo Dome Group believes that the transparency, soundness and effectiveness of business realized through corporate governance is indispensable to sustainable growth in corporate value, and considers governance to be a central management issue. We believe that timely and accurate disclosure of information, along with maintaining transparency in corporate activity, is particularly important to building positive relationships with shareholders and all stakeholders, including guests, trading partners, the local community and employees.
Corporate Governance Structures and Features
• Management Structure
TOKYO DOME CORPORATION has a nine-person Board of Directors, which decides management policy and business operations and supervises the conduct of business by directors and operating officers. Three of the nine directors are external directors with a high level of expertise in the supervision of management.
The Company has established a Management Committee composed of all full-time directors as the foundation of a system for the efficient execution of works by the directors. The Management Committee determines matters to be deliberated by the Board of Directors, and prepares the necessary reports on the conduct of business by the President based on resolutions of the Board of Directors.
The Company introduced an operating officers system in April 2002 to realize strategic and agile decision-making and conduct of operations. Operating officers are appointed by the Board of Directors. They are responsible for executing operations in designated fields delegated by the President, based on decisions by the Board of Directors. The Company has also established an Operating Officer Committee of all operating officers to convey the decisions of the Board of Directors and Management Committee, and to ensure the smooth exchange of information, reporting and coordination regarding the conduct of operations by the President.
To ensure that decision-making and oversight are based on the actual conditions in the field, supervision and operations are not completely separated. Full-time directors are responsible for implementing operations as operating officers while also participating in the Board of Directors. The Company has also adopted an auditors system with a five-person Board of Auditors which receives reports, holds consultations and makes decisions regarding important matters concerning auditing. To strengthen the auditing function, three of the five auditors are external auditors. In accordance with auditing policies determined by the Board of Auditors and the responsibilities delegated to them, each auditor attends meetings of the Board of Directors and other important meetings, makes requests for reports on operations to directors and other managers, inspects records of decisions and other important documents, personally inspects major business offices and assesses the status of the Company's business operations and finances.
• Enhancing Internal Communications
Since November 2005, TOKYO DOME CORPORATION has held regular communications meetings (called the "Communication Lounge") to allow for exchange between management and employees.
These meetings help to deepen mutual understanding of the work performed by both managers and employees, and foster a more open, highly transparent corporate culture.
Enhancing Internal Communications
THE TOKYO DOME GROUP’S CORPORATE GOVERNANCE STRUCTURE
(As of April 27, 2011)
