Corporate Governance
Basic Approach to Corporate Governance
K Pharma considers the strengthening of corporate governance to be a key management priority in order to conduct its business in a fair and transparent manner, with the aim of enhancing sustainable corporate value and protecting investors' interests. Recognizing the importance of corporate governance, we will continue to improve and strengthen our governance measures and organizational structure in order to maintain and enhance transparency, fairness, and timely decision-making in management.
Overview of the Corporate Governance Structure and Reasons for Adopting Such Structure
K Pharma Inc. has established the General Meeting of Shareholders, the Board of Directors, the Audit & Supervisory Board, and the Accounting Auditor as corporate bodies prescribed under the Companies Act. In addition, the Company maintains a framework for receiving advice, as appropriate, from external experts, including attorneys and patent attorneys.
The Company has adopted the corporate governance structure of a company with an Audit & Supervisory Board, as it believes that this structure effectively ensures both management efficiency and soundness. Under this structure, directors, primarily those with extensive knowledge of the Company's business, determine basic management policies and make decisions regarding the execution of important business operations, while Audit & Supervisory Board Members, who are vested with strong legal authority, independently audit the execution of duties by the directors.
Corporate Governance Structure
Corporate Governance Report
K Pharma, Inc. has submitted a Corporate Governance Report to the Tokyo Stock Exchange.
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