Corporate Governance

Based on a corporate auditor system and an executive officer system, we pursue increased management efficiency, transparency, thorough compliance and a sound financial position.

Basic Stance

We pursue initiatives on the basis of our Corporate Philosophy.

Our initiatives are designed to fulfill the Toyota Tsusho Group's Fundamental Philosophy. In other words, by "living and prospering together with people, society and the Earth, we aim to be a value-generating corporation that contributes to the creation of a prosperous society." To realize this fundamental goal, the Company is actively pursuing increased management efficiency, transparency, thorough compliance and a sound financial position.

In addition, we consider ways to promote a broader understanding of the Toyota Tsusho Group by further enhancing public relations and investor relations.

Promotion Structure

We employ a corporate auditor system and an executive officer system.

Toyota Tsusho has adopted a corporate auditor system, through which the general meeting of shareholders elects five corporate auditors. Three outside auditors are employed to perform audits from a third-party perspective. The corporate auditors are responsible for monitoring the appropriateness of accounting methods and results of audits by an independent auditor, exchanging information and ideas regarding crucial accounting topics, improving quality and efficiency in auditing by promoting cooperation with an independent auditing firm, as well as enhancing corporate governance.

Toyota Tsusho conducts consolidated management through a divisional framework, with divisions responsible for related Group companies. At present, this structure comprises eight divisions, including seven sales divisions and the Administrative Division.

In April 2006, Toyota Tsusho also introduced an executive officer system to bolster management efficiency and strengthen its internal controls, and streamlined its Board of Directors. Dedicated executive officers are in place for each division to assist management efforts of chief division officers. Chief division officers, who are also Company directors, are responsible both for keeping abreast of overall Company

Corporate Governance Structure

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