As global competition continues to intensify, we at the Daikin Group must meet the crucial challenge of accelerating our approach to rapid management in order to maintain our competitiveness. In working toward our improved corporate governance practices, we have followed four policies:
- Renovating management systems in a way that promotes strategic management and speedier management decisions;
- Using the virtual company system to promote strong management emphasis on corporate value and give divisional managers greater authority and responsibility;
- Implementing measures related to unique personnel and organizational management systems needed to realize a "fast & flat" Group management framework; and
- Ensuring that management emphasizes openness, transparency, and responsiveness to stakeholders.
Our group cherishes its traditions, culture, implicit knowledge, people-oriented management, and management philosophy of valuing our employees, all of which have been cultivated throughout our history. We will build on this heritage toward our larger goals and pursue a great step to the future through successive reforms that will keep us at the forefront of our industry. We appreciate your continued support as we implement these management policies.
Please click on the links below for more detailed information on Corporate Governance in Daikin Europe N.V.