Action Plan

Materiality	SDGs Targets	Issues to address	Business area	Commitment	Specific approach	Performance indicators	Degree of Progress
Maintain Rigorous Governance Structures		Maintaining and reinforcing a governance system for achieving sustainable growth	Corporate governance	We will implement highly effective supervision over the management from an independent and objective standpoint and ensure the appropriate and efficient execution of business operations by improving the transparency of our decision-making, aiming to our sustainable growth as well as the medium- and long-term improvement of our corporate value.	Appoint several outside Directors, who have a high level of independence that fulfills our independence criteria and are expected to contribute to the company management with a high level of knowledge in their respective fields. Maintain a highly transparent and objective Directors' and officers' remuneration system, which can increase their motivation to contribute to our medium- and long-term improvement of our company's performance and the improvement of our corporate value.	Continue to implement measures to strengthen the supervising function of the Board of Directors, through an annual evaluation of the Board of Directors.	(1) We have maintained the diversity of the Board of Directors (always a one third or higher percentage of outside Directors; currently four out of 10 Directors) and the ratio of women (currently two out of 10 Directors). (2) We have maintained a majority of the members of the Governance and Remuneration Committee and Nomination Committee coming from outside the company (four out of seven members). (3) We have mostly completed the establishment of a structure in each listed subsidiary in accordance with our Policy on the Governance of Its Listed Subsidiaries.

Please visit the link below for details on policy, basic idea, etc.

Policy and Basic Concept

Structures and Systems

• Corporate Governance System
• Overview of ITOCHU's Corporate Governance and Internal Control System

Board of Directors

• Organization
  • Directors and Executive Officers
• Appointing Executive Officers
  • Policy and Process for Appointing Executive Officers, Candidates for Directors and Candidates for Audit & Supervisory Board Members
  • Independence Criteria for Outside Directors and Outside Audit & Supervisory Board Members
• Remuneration
  • Corporate Officer Remuneration System
  • Formulas for Performance-linked Bonuses and Stock Remuneration, Formulas for Share price-linked Bonuses
  • Disclosure Status of Compensation for Individual Directors：Corporate Governance Report (952KB)
• Results of Board Evaluation
  • Results of Board Evaluation
    • We review the effectiveness of the Board of Directors through a Board of Directors evaluation every year. We are continuing to take measures aimed at strengthening the supervisory functions of the Board of Directors.
• Advisory Committees
  • Advisory Committees to the Board of Directors

    The Governance and Remuneration Committee

    • Composition of the Governance and Remuneration Committee

    Nomination Committee

    • Composition of the Nomination Committee

The Audit & Supervisory Board

• Organization
  • Directors and Executive Officers
• Appointing Candidates for Audit & Supervisory Board Members
  • Policy and Process for Appointing Executive Officers, Candidates for Directors and Candidates for Audit & Supervisory Board Members
  • Independence Criteria for Outside Directors and Outside Audit & Supervisory Board Members
• Remuneration
  • Corporate Governance Report (952KB)

Principal Internal Committees

Internal Control System