Strategy 2027
Sustainability
Corporate Governance

Strategy 2027

Notice Regarding the Formulation of the Strategy 2027

The Company has formulated the Strategy 2027 covering the period from FY 03/2025 to FY 03/2027.

Sustainability

The MEIWA ESTATE Group’s Sustainability Goals

Basic Sustainability Policy

We the MEIWA ESTATE Group aim for the realization of a sustainable society together with our own growth, in accordance with trust, co-creation and empathy, which is the basis of our corporate philosophy. To this end, we engage in dialogue and foster collaboration with all stakeholders, including customers, business partners, shareholders and investors, employees and local communities.

  • 1 We will contribute to the sustainable development of society through the provision of homes and the rendering of services that enrich people’s lives.
  • 2 We will continue to undertake initiatives aimed at the revitalization of society and communities and the conservation of the environment.
  • 3 We will emphasize on the corporate governance system and risk management and aim to be a trusted company.

Corporate Governance

Corporate Governance Report

Basic Views on Corporate Governance

The Company has established a basic viewpoint regarding corporate governance and stated it in the Corporate Governance Policy.

Corporate Governance System

Corporate Governance System

  • Board of Directors

    The Company's Board of Directors is chaired by Hideaki Harada, the President & CEO, and consists of nine Directors and Executive Officers who are responsible for business execution and two outside Directors. The Board of Directors meets regularly once a month and convenes extraordinary meetings if necessary. At meetings, the Board of Directors determines important matters of management and matters related to the execution of business, and conducts supervision of the execution of business. Audit & Supervisory Board Members attend the Board of Directors meetings and provide opinions whenever necessary.

  • Audit & Supervisory Board

    The Companyʼs Audit & Supervisory Board consists of three outside Audit & Supervisory Board Members. The Audit & Supervisory Board formulates audit guidelines and audit plans, and conducts audits in accordance with internal audit rules in cooperation with the Financial Auditor and the Audit Office. By having the Audit & Supervisory Board Members attend the meetings of the Board of Directors, in conjunction with having the full-time Audit & Supervisory Board Members attend the Monthly Strategy Meeting and the Subsidiaries Meeting, the Company has established a system in which Audit & Supervisory Board Members are capable of grasping important matters related to the Group, including subsidiaries.

  • Strategy Meeting

    The Strategy Meeting consists of Directors and Executive Officers and is held once a week. In the Meeting, officers discuss reports on important matters related to the overall management of the Company, the status of business operation and the actual results of each division, and examine measures to be taken. Once a month, a full-time Audit & Supervisory Board Members attends as an observer.

  • Subsidiaries Meeting

    The Subsidiaries Meeting consists of President & CEO, the officer in charge of subsidiaries, full-time Audit & Supervisory Board Members and subsidiariesʼresponsible officers, and promotes the group management by conducting report, discussions and examination of important matters related to the overall management of each subsidiary.

  • Sustainability Committee

    For the purpose of strategically undertaking issues related to sustainability, the Company has established a Sustainability Committee, comprising the Directors and Executive Officers, and holds regular meetings once a month while convening extraordinary meetings if necessary.
    The Sustainability Committee formulates group-wide basic policy relating to sustainability, establishes a structure by which to promote sustainability initiatives, examines and analyzes risks and opportunities, discusses initiative policies and specific targets, and reports and proposes matters to the Board of Directors and the President & CEO. Moreover, under the committee, a subcommittee related to ESG, climate change, TCFD and environmental activities among others is set up as needed to conduct more detailed consideration and the progress management for targets set with regard to matters determined by the Board of Directors.

  • Risk Management Committee

    The Risk Management Committee, which consists of Directors and Executive Officers, has been set up to build a system under which risk management can be implemented practically, and holds regular meetings once a month while convening extraordinary meetings if necessary. The Risk Management Committee establishes the basic policy and rules, etc., regarding risk management and oversees development and operation of risk management in each division. Furthermore, regulations, etc. are also developed at subsidiaries to respond to risks, and the Risk Management Committee is in charge of matters that are anticipated to affect the entire Group.

  • Compliance Committee

    The Compliance Committee consists of Directors, General Managers and subsidiariesʼ responsible officers to oversee matters regarding compliance related to the entire Group. The committee holds regular meetings once a month while convening extraordinary meetings if necessary. Moreover, under the committee, two standing special committees: the Internal Control Subcommittee, which handles matters regarding internal control, and the Personal Information Protection Subcommittee, which is in charge of matters regarding personal information, have been established.

  • Internal Audit System

    The Company has established the Audit Office as an internal audit division that is under the direct oversight of the President & CEO, and operated independently from the divisions responsible for business execution. The Audit Office, ensures the effectiveness of internal audits by cooperating closely with the Compliance Committee and its subcommittee, Internal Control Subcommittee, and making use of those committee members as required. The Internal Control Subcommittee comprises members who belong to the Internal Control Division.
    The Audit Office cooperates with the Audit & Supervisory Board (Members) and the Financial Auditor and conducts audits of the Company and subsidiaries and associates of the Group. It reports the results thereof to the President & CEO, the Board of Directors, and the Audit & Supervisory Board (Members), and also provides guidance for improvement as necessary.

  • Executive Officer System

    In order to respond to changes in the business environment by improving management efficiency and speeding up decision-making, the Company has introduced an Executive Officer System for the purpose of clarifying executive responsibilities and improving executive functions. The Board of Directors, Directors, and Audit & Supervisory Board Members supervise the business execution of Executive Officers.