About TOTOCorporate Governance
The TOTO Group considers that an essential aspect of corporate management is ensuring the satisfaction of stakeholders and ongoing expansion of corporate value by improving objectivity and transparency in management and clarifying management responsibility.
To realize this, for matters requiring management decisions, TOTO recognizes the importance of systematizing “who makes the decision, on what and where” as well as “what checks are implemented” in a fair and honest manner.
TOTO has adopted a Board of Statutory Auditors system that promotes more efficient and effective decision-making, supervision and business execution with the aim of continuously increasing corporate value.
Group Management System
To realize better corporate governance, it is important to understand the roles of the Board of Directors, the Board of Statuary Auditors, independent accounting auditors, and the mid-level executives. For that TOTO is constantly improving its Group Management System.
To prevent crisis from occurring and to minimize damage when it does occur, TOTO has established a Risk Management Committee headed by the President to collect risk related information and practice risk simulation.
We have established a Compliance Committee headed by the President to permeate compliance awareness among our employees. We keep conducting workshops for all employees across the Group using our Compliance Hand Book, and also have them do e-learning using the TOTO Learning Master.