Strengthen Corporate Governance

Reason for Priority

Corporate governance is the cornerstone of business activities. In order to ensure fair and transparent management, businesses must continue to improve on the system of governance. In addition, the governing body should forecast and respond to the various ever-changing risks and opportunities from a medium- to long-term perspective and implement countermeasures accordingly. As such, it is essential for us to respond to the various requests of stakeholders.

Commitment

Strengthening governance is one of the important challenges for a company, and it is necessary to build a corporate governance organization that ensures transparency and discipline to become a company that is trusted not only by investors but also by diverse stakeholders.
Nikon has implemented initiatives aimed at strengthening governance, including establishing the Compensation Committee and Nominating Committee, increasing the ratio of external directors on the Board of Directors, and beginning the full-fledged implementation of the President's succession plan.
In the fiscal year ending March 31, 2022, we will continue to enhance corporate governance, including initiatives aimed at strengthening board effectiveness and increasing diversity.

Kazuo Ushida
Chairman of the Board

Main initiatives and results in the fiscal year ended March 31, 2021

Conducted Evaluation of the Effectiveness

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In order to strengthen the effectiveness of the Board of Directors, Nikon has evaluated the effectiveness of the Board of Directors using third-party evaluation. In the fiscal year ended March 31, 2021, to address issues that had been identified, Nikon implemented various measures including training for directors and strengthening coordination between the Board of Directors and its affiliate committees, as well as making improvements to the Board's secretariat.

Nikon Sustainability Report

For more details, please see the Nikon Sustainability Report.

Relevant Information