Basic Policy
The Shimadzu Group regards corporate governance as a fundamental framework that underpins corporate management, enabling swift and bold decision-making while ensuring transparency, fairness, and enhanced vitality in management. Accordingly, we are actively working to establish and enhance our corporate governance systems.
In December 2015, Shimadzu formulated the Corporate Governance Policy (hereinafter, the "CG Policy") as a declaration of its approach to faithfully implementing the Corporate Governance Code (hereinafter, the "CG Code") in practice.
In addition to strengthening governance initiatives, Shimadzu regularly reviews the CG Policy in light of internal developments and changes in the external environment, with the aim of continually improving the effectiveness of its governance practices.
Corporate Governance Policy
- Appropriate Collaboration with Stakeholders
- Ensuring the Rights and Equal Treatment of Shareholders
- Ensuring Timely and Transparent Disclosure of Information
- Constructive Dialogue with Shareholders
- Responsibilities of the Board of Directors, etc.
CG Policy
https://www.shimadzu.com/ir/governance/policy.html
CG Report
https://www.shimadzu.com/ir/governance/report.html
Corporate Governance Initiatives
Shimadzu continues to fully comply with all of the fundamental principles and supplementary principles of the CG Code, including those applicable exclusively to companies listed on the Prime Market.
Below are the key corporate governance initiatives implemented by Shimadzu in FY2024.
Implementing Sustainability Management Initiatives
Under the Shimadzu Group Sustainability Charter and the Sustainability Management Implementation Policy, KPIs have been set for each department, marking the launch of sustainability management initiatives across the Group. As part of these efforts, in May 2022, the existing Corporate Code of Ethics was revised and reestablished as the Shimadzu Group Corporate Code of Ethics to enhance compliance and corporate ethics throughout the Group. At the same time, to foster greater awareness of ethical and compliance standards, we published the Shimadzu Group Corporate Ethics Code of Conduct Handbook, which outlines the standards of conduct that all employees are expected to follow in their daily work.
Furthermore, in June 2022, we established the Shimadzu Group Sustainability Management Regulations to clarify the framework and organizational structure for promoting sustainability management initiatives.
As a result, the Shimadzu Group Sustainability Meeting has been positioned as the highest deliberative body for sustainability management. Together with existing bodies such as the Risk Management and Corporate Ethics Board and the Environmental Meeting, it promotes sustainability management initiatives across the entire Shimadzu Group.
To provide institutional investors with a clearer understanding of these initiatives, we held the first Shimadzu Group Sustainability Management Briefing in October 2024. We will continue to offer such opportunities to further promote our efforts and enhance information disclosure.
SUSTAINABILITY
https://www.shimadzu.com/sustainability/index.html
Reinforcing Group Governance
In February 2023, we established the Shimadzu Group Management Basic Regulation, which defines the fundamental principles and operational guidelines for Group management. This initiative is designed to build a framework that enables the Shimadzu Group to operate as a unified entity and achieve sustainable growth through appropriate and efficient group management.
In addition, the overseas regional corporate headquarters̶primarily those in China and Asia̶play a central role in utilizing the auditing tools developed by the Head Office in Japan to formulate and carry out audit visit plans. By verifying compliance with the Shimadzu Group Management Basic Regulation and ensuring proper rule implementation at each Group company, we are working to prevent inappropriate procedures and practices.
Compliance and Risk Management
https://www.shimadzu.com/ir/governance/group.html