ESG Data

ESG Data

Compliance

Number of Compliance Violations Handled by the Risk Management Special Committee
FY2019 FY2020 FY2021 FY2022
Number of Compliance Violations 29 32 64 48
Tax Payments by Country/Region

Tax payments of the Group by country/region are as follows:

Amount (million yen)
Country/region FY2021
Japan 94,393
UK 2,150
US 1,587
Taiwan 285
Singapore 241
Luxembourg 227
China 47
Malaysia 41
Hong Kong 14
Thailand 4
Canada -95
Total 98,894
Note: The above amount is based on the Country-by-Country Report submitted to the Japanese tax authorities and is not directly related to our consolidated financial statements.

Corruption Prevention

Corruption-related Fines, Surcharges, and Arbitrations
(Unit: Yen)
FY2019 FY2020 FY2021 FY2022
Corruption-related Fines, Surcharges,
and Arbitrations
0 0 0 0

Corporate Governance

Number of Directors and Auditors
Number of Directors and Auditors (as of June 30, 2023)
Directors 12
Independent outside directors 4
Female directors 2
Auditors 5
Independent outside auditors 3
Female auditors 2
Reason for Selection as Outside Directors and Corporate Auditors
Name Reason for Appointment FY2022 Attendance at Board of Directors Meetings and Board of Corporate Auditors Meetings
Managing Director
Tsunehiro Nakayama
Tsunehiro Nakayama has amassed a wealth of experience and broad insight having served for many years in top management positions. During meetings of the Board of Directors, he has provided amassed of Directors and improving its effectiveness. In addition, as a member of the Nomination Advisory Committee and Compensation Advisory Committee, he has participated in discussions from an objective standpoint, contributing to ensuring transparency in the selection process for managing directors and corporate auditors and in the decision process for compensation of managing directors.
As the Company's outside director, he has played an appropriate role aimed at reinforcing the supervision functions of the Board of Directors and ensuring transparency. He is expected to make further contributions going forward, and because there is no possibility of conflicts of interest with general shareholders, he has been appointed as an outside director and independent officer.
12/12
Managing Director
Shinichiro Ito
Shinichiro Ito has amassed a wealth of experience and broad insight having served for many years in top management positions. During meetings of the Board of Directors, he has provided recommendations and findings regarding branding, global business expansion, and other matters from an objective and specialist viewpoint. He has contributed greatly to invigorating discussions of the Board of Directors and improving its effectiveness. In addition, as a member of the Nomination Advisory Committee and Compensation Advisory Committee, he has participated in discussions from an objective standpoint, contributing to ensuring transparency in the selection process for managing directors and corporate auditors and in the decision process for compensation of managing directors.
As the Company's outside director, he has played an appropriate role aimed at reinforcing the supervision functions of the Board of Directors and ensuring transparency. He is expected to make further contributions going forward, and because there is no possibility of conflicts of interest with general shareholders, he has been appointed as an outside director and independent officer.
12/12
Managing Director
Eriko Kawai
Eriko Kawai has served for many years overseas where she amassed a wealth of experience and broad insight as a management consultant while working for international organizations and universities. During meetings of the Board of Directors, she has provided recommendations and findings regarding the promotion of women's activities, ESGs, sustainability, and other matters from an objective and professional viewpoint. She has contributed greatly to invigorating discussions by the Board of Directors and improving its effectiveness. In addition, as a member of the Nomination Advisory Committee and Compensation Advisory Committee, she has participated in discussions from an objective standpoint, contributing to ensuring transparency in the selection process for managing directors and corporate auditors and in the decision process for compensation of managing directors.
As the Company's outside director, she has played an appropriate role aimed at reinforcing the supervision functions of the Board of Directors and ensuring transparency. She is expected to make further contributions going forward, and because there is no possibility of conflicts of interest with general shareholders, she has been appointed as an outside director and independent officer.
12/12
Managing Director
Mami Indo
Mami Indo has amassed experience as an analyst and consultant at a securities company and a think tank, and has also gained a wealth of experience and broad insight working in roles such as a commissioner at the Securities and Exchange Surveillance Commission and similar. She is expected to provide varied opinions on the Company’s management to reinforce the supervision functions of the Board of Directors and ensuring transparency and because there is no possibility of conflicts of interest with general shareholders, she has been appointed an outside director and independent officer. In addition, as a member of the Nomination Advisory Committee and Compensation Advisory Committee, she will participate in discussions from an objective standpoint, contributing to ensuring transparency in the selection process for managing directors and corporate auditors and in the decision process for compensation of managing directors. -
Corporate Auditor
Yukimi Ozeki
Yukimi Ozeki is currently fulfilling appropriate roles as an outside auditor, sufficiently realizing her function of monitoring the execution of duties by the managing directors through the use of her professional knowledge concerning the Companies Act and wealth of experience at universities. Going forward, Yukimi Ozeki is expected to make further contributions, and because there is no possibility of conflicts of interest with general shareholders, she has been appointed an outside auditor and independent officer. Board of Director Meetings:
12/12 meetings
Board of Corporate Auditors Meetings:
12/12 meetings
Corporate Auditor
Minoru Nakazato
Minoru Nakazato has amassed specialist knowledge about tax affairs, legal affairs, and economics as well as a wealth of experience at universities. He is expected to use this to appropriately supervise the Board of Directors’ execution of its duties, and because there is no possibility of conflicts of interest with general shareholders, he has been appointed an outside auditor and independent officer. -
Corporate Auditor
Mayo Mita
Mayo Mita has amassed a wealth of experience in the corporate field as a securities analyst as well as a great deal of knowledge about objectively monitoring and analyzing companies. He is expected to use this to appropriately supervise the Board of Directors’ execution of its duties, and because there is no possibility of conflicts of interest with general shareholders, he has been appointed an outside auditor and independent officer. -
Compensation by Title, Amount of Compensation by Type and Number of Applicable Executives (FY2022)
Title Total Compensation
(Millions of Yen)
Amount of Compensation by Type
(Millions of Yen)
Number of Applicable Executives
Basic Compensation Bonus Restricted stock compensation
Internal directors 1,432 626 559 246 9
Internal corporate auditors 106 106 0 0 2
Outside directors and corporate auditors 131 131 0 0 7
Compensation of Executives Exceeding ¥100 Million (FY2022)
Name Title Amount of Compensation by Type
(Millions of Yen)
Total Compensation
(Millions of Yen)
Basic Compensation Bonus Restricted stock compensation
Hiromichi Iwasa Chairman of the Board and Chief Executive Officer (Representative) 120 116 43 281
Masanobu Komoda President and Chief Executive Officer (Representative) 120 140 62 323
Kiyotaka Fujibayashi Managing Director 79 60 27 166
Yasuo Onozawa Managing Director 74 60 27 162
Takashi Yamamoto Managing Director 52 45 21 129
Managing Director of Mitsui Fudosan Residential Co., Ltd. 10 0 0
Takashi Ueda Managing Director 60 45 21 127
Takayuki Miki Managing Director 47 45 17 109
Wataru Hamamoto Managing Director 63 45 21 129
*Titles correct as of the end of FY2022