Corporate Governance System
Basic views with regard to governance system
Basic Views
The company’s basic views with regard to its governance system are as follows.
- Ensuring management oversight for corporate value growth by separating the roles of management oversight and operation of business activities
- Election of independent outside directors who can perform supervision from the standpoint of shareholders
- Using these measures for improving the transparency, integrity and efficiency of management
Structure of Corporate Governance Systems(As of June 30, 2020)

Detail of Corporate Governance System
Board of Directors
Since the company is a company with three committees, the Board of Directors delegates to executive officers as much authority as allowed by laws and regulations for making operational decisions. This contributes to the speed and flexibility of managing business operations.
The Board of Directors makes decisions solely about items, such as fundamental management policies, that can be determined only by the directors, according to laws and regulations. In addition, the Board of Directors makes decisions about investments larger than a certain amount and such other items that will have a significant impact on the Konica Minolta Group.
In addition, the Board of Directors enhances sustainable growth and corporate value for the Group by ensuring management oversight.
Executive Officers
The executive officers are responsible for deciding how to perform the operations delegated by Board of Director resolutions, and then executing those operations.
In addition, based on substantial delegation of authority by the Board of Directors, the executive officers work to accelerate decision-making in business execution.
Nominating Committee
The Nominating Committee decides the content of proposals for director appointment and dismissal to be submitted to the General Meeting of Shareholders. It also receives reports concerning succession planning (candidate training and selection) from the President and CEO, as necessary, and supervises the process.
Audit Committee
The Audit Committee reviews the execution of duties by directors and executive officers, prepares audit reports, and decides the content of proposals for appointment, dismissal, and non-reappointment of accounting auditors to be submitted to the General Meeting of Shareholders.
Compensation Committee
The Compensation Committee decides the details of individual compensation, bonuses, and other benefits received from the company as consideration for duties performed by the directors and executive officers.
Governance Structure and Operations
- Operations of the Board of Directors
- Operation
- Attendance
- Support System for Outside Directors
- Feedback on Board of Directors Effectiveness
- Policy and Procedures for Appointing Director Candidates, and the Applicable Approaches and Standards, etc
- Policy and Procedures for Appointing Director Candidates
- The Applicable Approaches and Standards for Appointing Director Candidates
- Outside Directors (As of June 19, 2018)
- Executive System and Appointment of Executive Officers
- Executive System
- Selection of Executive Officers
- Compensation for Directors and Executive Officers
- Revisions of the compensation policy
- Compensation Policy
- Amount of compensation paid to directors and executive officers for the year ended March 2018
- Guidelines on Officer Ownership of Konica Minolta Shares
- Group Auditing System
- Audit Committee System and Roles
- Corporate Audit Division Systems and Role