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Epson amends corporate governance policy

September 5, 2018

Seiko Epson Corporation has announced that its Board of Directors, at a meeting held on 4 September 2018, approved amendments to the Corporate Governance Policy.

This policy is a statement of the basic principles and framework for corporate governance within Epson.

Epson, which established the policy in September 2015, says that it “strives to continuously enhance and strengthen corporate governance so as to realise transparent, fair, fast, and decisive decision-making to achieve the goals declared in the Management Philosophy, promote sustainable growth, and increase corporate value over the medium and long terms.”

Epson explains that the company recently decided to partially amend the policy after analysing its compliance with the spirit and content of Japan’s revised Corporate Governance Code. The amendments, says Epson, “are designed to further enhance and strengthen Epson’s corporate governance.”

Epson has established an Information Disclosure Policy within the Corporate Governance Policy. The Disclosure Policy is intended to further improve Epson’s information disclosure to shareholders and investors through investor relations and sustainability reporting in conjunction with Japan’s recently introduced Fair Disclosure Rules.

The policy is also intended to encourage constructive dialogue that will increase long-term corporate value.

See the amended Corporate Governance Policy here.

This week, Epson has also made a change to its senior management, naming a new Representative Director, who will take over his post on 1 October 2018.

 

Categories : Around the Industry

Tags : Corporate Governance Epson Japan Policy

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