While Mitsui Kinzoku ACT Corporation is a wholly owned subsidiary of Mitsui Mining & Smelting Co., Ltd., as the largest core company in the Group it has established a sophisticated governance structure according to the standard of its parent company, which is a listed company.
Governance System
- - Board of Directors meetings are held at least once a month without fail, to discuss management-related matters.
- - An executive officer system has been introduced to separate management from executive duties. Management Council meetings consisting entirely of executive officers are held at least once a month without fail, and independently of Board of Directors, to ensure swift decision-making.
- - A meeting of the Compliance Committee—comprising executive officers and chaired by the Chief Compliance Officer—is held once every quarter in order to drive, supervise and monitor compliance activities across the entire Mitsui Kinzoku ACT Group, including overseas locations.
- - Mitsui Kinzoku ACT has established a basic policy on building an internal control system, and is endeavoring to develop and enhance such a system in accordance with this policy.
Governance System Diagram
