Corporate Governance

Sumitomo Warehouse regards corporate governance as a key business issue to maintain the integrity of the company and increase the corporate value and consequently shareholder's common interests. In line with this belief, the company has reorganized its management structure, including selection of outside directors, reduction in the number of directors, adoption of an executive officer system, and shortening of the tenure of directors. Ever more efforts will be put on strengthening corporate governance: Continuing emphasis will be placed on auditing by corporate auditors; In addition, the improvement of the internal audit organization and the development of the internal control system for compliance, risk management and financial reporting will be accelerated.

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