SAKATA INX Group Basic Policy for Implementation of Internal Control System
SAKATA INX recognizes that an effective internal control system is essential for the group to fulfill its corporate social responsibility, and thus deems the building and operating of the internal control system as the most important task, and shall put in place the systems below.
1. A system to ensure that the execution of duties by directors complies with laws and regulations and the articles of incorporation
2. A system for the storage and management of information related to the execution of duties by directors
3. Regulations and other systems for managing risk of loss
4. A system to ensure that the directors execute their duties effectively
5. A system to ensure that the execution of duties by staff members complies with laws and regulations and the articles of incorporation
6. A system to ensure properness in business in the corporate group comprising SAKATA INX and its subsidiaries
7. A system to provide staff members as requested by members of the Audit & Supervisory Board to assist them in the performance of their duties
8. Matters concerning the independence of the staff members set forth in the preceding item from directors and matters concerning ensuring the effectiveness of instructions to the staff members
9. A system for reporting by directors and staff members to the Audit & Supervisory Board and a system for reporting by directors, auditors, staff members of subsidiaries of SAKATA INX or those who have received reports from these parties to the Audit & Supervisory Board of SAKATA INX
10. A system to ensure that any party who makes a report set forth in the preceding item is not treated disadvantageously because they have made such a report
11. Matters concerning procedures for prepayment or reimbursement of expenses incurred in the execution of duties by the Audit & Supervisory Board and other policies concerning the handling of expenses or liabilities incurred in the execution of such duties
12. Other systems to ensure that audits by members of the Audit & Supervisory Board are performed effectively
13. A basic approach to the exclusion of anti-social forces
