Annual Report 2014

Giving Shape to Ideas

Our Responsibility

Toward Sustained Growth

  • Konica Minolta Philosophy
  • CSR Policy
  • Corporate Governance
  • Environmental Initiatives 1
  • Environmental Initiatives 2
  • Third-Party Assessments of Konica Minolta

Corporate Governance

Taking the lead:
Implementing progressive initiatives

In terms of its administrative structure, which supports growth, Konica Minolta has been quick to take measures to strengthen corporate governance, such as adopting a committee system at the time of management integration in 2003. Specifically, the Board of Directors includes four independent outside directors, most with top management experience at other leading companies, and the majority of directors do not serve concurrently as executive officers. Moreover, a director who is not serving concurrently as an executive officer is elected as Chairman of the Board of Directors. In addition to these measures to further enhance the supervisory function of the Board of Directors, a great deal of authority is relegated to the executive officers to accelerate decision making. The Company is furthermore advancing such progressive measures as actively disclosing the standards of independence used for outside directors, director compensation, and other information related to corporate governance.

Corporate governance systemAs of June 19, 2014
Directors 11
Outside directors 4
Independent directors 4
Involvement of outside directors in setting compensation Yes
Involvement of outside directors in selecting director candidates Yes
Outside directors make up more than 50% of the Auditing Committee Yes
Outside directors make up more than 50% of the Compensation Committee Yes
Outside directors make up more than 50% of the Nominating Committee Yes
Annual Board of Directors meetings 14
Directors'term of office 1 year
Executive officer system Yes
  • CSR Policy
  • Environmental Initiatives 1