Outside officers

JACCS's Independent outside directors draw on their broad experience and expert knowledge to oversee the Board of Directors' decisions and other directors.And the Company considers it desirable for appropriate governance to ensure the independence of outside directors and Audit & Supervisory Board members ("outside officers") to optimize objectiveness and transparency.

The Company thus formulated and disclosed"Standards for the Independence of Outside Officers".

The Company shall convene a committee exclusively comprising outside officers as its membership. The committee shall discuss matters relating to the Company’s business operations and corporate governance.
2. From among the committee’s members, one independent outside director shall be appointed as Lead Independent Outside Director, through a vote of the committee. The Lead Independent Outside Director shall act as the committee chair, work to achieve information sharing and common understanding of issues, and submit recommendations to senior management.