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Corporate Governance

Basic Policy for Corporate Governance

Sumitomo Electric adopted the Executive Officer System and the Business Unit System, which resulted in transfer of authority on business execution to individual business units and in the clarification of their responsibilities. Through these measures, we reduced the number of directors to accelerate decision making on business management and improve supervising functions in business activities by selecting an independent outside director. We also enhance the auditing functions of corporate auditors. We selected independent outside corporate auditors with various specialized knowledge and multifaceted views for the majority of the corporate auditors.

■Sumitomo Electric Group's corporate governance structure
■Sumitomo Electric Group's corporate governance structure
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