Tokyogasgroup csr report

Board of Directors

The management structure of Tokyo Gas is composed of the right number of directors to ensure speedy, effective decision-making. We have adopted an executive officer system and invited outside directors to serve on the Board of Directors to improve transparency while also reinforcing the execution and supervision of business operations. As of June 2019, the board had nine members, including four outside directors. Their respective terms of office are set at one year.
DFF Inc., Corporate Social Responsibility Sect, General Administration Dept., Corporate Planning Dept., Resources & Global Business Division, Energy Solution Div, Power Buisiness Dept., Pipeline Network Division, IT Division, Residential Sales Div., Fundamental Technology Dept., Energy Solution Div, Environmental Affairs Dept., Purchasing Dept. , Health Insurance & Employees' Welfare Sect., Personnel Dept., Internal Audit Dept., Audit & Supervisory Board Member's Office, Compliance Dept., Regional Development Div., Finance Dept, TGES, TOKYO GAS COMMUNICATIONS, INC.

Officer Remuneration System

Our Basic Policy on Officer Remuneration clarifies the management responsibilities of officers in terms of Company performance and ensures objectivity and transparency in remuneration. To reflect shareholders’ perspectives in management, all directors excluding outside directors are required to purchase Company stock every month and maintain ownership of this stock during the term of their service in accordance with the Guidelines for Stock Purchases.

 
Types of directors Total value of remuneration (million yen) Total value of remuneration by type (million yen)
Fixed remuneration
(paid monthly)
Performance-linked remuneration
(paid monthly)
Bonuses Retirement allowance Number of directors subject to remuneration
Directors (excluding outside directors) 368 253 59 56 - 8
Audit & Supervisory Board members (excluding outside members) 74 74 - - - 2
Outside directors 34 27 - 6 - 3
Outside Audit & Supervisory board members 33 33 - - - 4
  • Note 1:Figures above include payments to three directors and one outside Audit & Supervisory Board member who retired at the conclusion of the 218th Ordinary General Shareholder’s Meeting.
  • Note 2:The total basic monthly salary for all directors, including outside directors, approved at the 205th Ordinary General Shareholder’s Meeting, is to be a maximum of 50 million yen per month, and total bonuses for all directors approved at the 206th Ordinary General Shareholder’s Meeting is to be a maximum of 90 million yen per year.
  • Note 3:The total basic monthly salary for all Audit & Supervisory Board members, including outside members, approved at the 190th Ordinary General Shareholder’s Meeting, is to be a maximum of 12 million yen per month.
DFF Inc., Corporate Social Responsibility Sect, General Administration Dept., Corporate Planning Dept., Resources & Global Business Division, Energy Solution Div, Power Buisiness Dept., Pipeline Network Division, IT Division, Residential Sales Div., Fundamental Technology Dept., Energy Solution Div, Environmental Affairs Dept., Purchasing Dept. , Health Insurance & Employees' Welfare Sect., Personnel Dept., Internal Audit Dept., Audit & Supervisory Board Member's Office, Compliance Dept., Regional Development Div., Finance Dept, TGES, TOKYO GAS COMMUNICATIONS, INC.

Executive Officer System

By adopting an executive officer system, we have delegated substantial authority over business operations in individual business departments to the corresponding executive officers and established clear lines of responsibility. Executive officers are assigned to ensure that Company decisions on business matters are executed quickly and reliably. These officers work to maximize Group value in accordance with policies determined by the Board of Directors. To ensure clear accountability, executive officers are appointed for terms of one year.
DFF Inc., Corporate Social Responsibility Sect, General Administration Dept., Corporate Planning Dept., Resources & Global Business Division, Energy Solution Div, Power Buisiness Dept., Pipeline Network Division, IT Division, Residential Sales Div., Fundamental Technology Dept., Energy Solution Div, Environmental Affairs Dept., Purchasing Dept. , Health Insurance & Employees' Welfare Sect., Personnel Dept., Internal Audit Dept., Audit & Supervisory Board Member's Office, Compliance Dept., Regional Development Div., Finance Dept, TGES, TOKYO GAS COMMUNICATIONS, INC.

Advisory Committee

We have established the Advisory Committee, which comprises five members with outside members in the majority. These members are appointed by the chairman, president and Board of Directors. In response to inquiries from the Board of Directors, the committee deliberates on issues such as the appointment of officer candidates and officer remuneration, thus ensuring management transparency and objectivity.

DFF Inc., Corporate Social Responsibility Sect, General Administration Dept., Corporate Planning Dept., Resources & Global Business Division, Energy Solution Div, Power Buisiness Dept., Pipeline Network Division, IT Division, Residential Sales Div., Fundamental Technology Dept., Energy Solution Div, Environmental Affairs Dept., Purchasing Dept. , Health Insurance & Employees' Welfare Sect., Personnel Dept., Internal Audit Dept., Audit & Supervisory Board Member's Office, Compliance Dept., Regional Development Div., Finance Dept, TGES, TOKYO GAS COMMUNICATIONS, INC.

Corporate Executive Meeting

The purpose of the Corporate Executive Meeting is to deliberate on measures pertaining to corporate management issues. It is composed of 12 executive officers with operational responsibilities. In addition, two full-time Audit & Supervisory Board members attend the committee meetings.

DFF Inc., Corporate Social Responsibility Sect, General Administration Dept., Corporate Planning Dept., Resources & Global Business Division, Energy Solution Div, Power Buisiness Dept., Pipeline Network Division, IT Division, Residential Sales Div., Fundamental Technology Dept., Energy Solution Div, Environmental Affairs Dept., Purchasing Dept. , Health Insurance & Employees' Welfare Sect., Personnel Dept., Internal Audit Dept., Audit & Supervisory Board Member's Office, Compliance Dept., Regional Development Div., Finance Dept, TGES, TOKYO GAS COMMUNICATIONS, INC.

In-house Committees

Important management issues concerning the Company’s overall policies require investigations, studies and arrangements spanning multiple business departments, subsidiaries or business domains, and to that end we have established cross-divisional in-house committees to enhance the consistency, effectiveness and cohesiveness of our policies. These committees are chaired either by an executive officer with operational responsibility or, in the case of the four most important committees responsible for ethics, safety, customer satisfaction, and sustainability, by the president. The matters considered by each committee are reported as necessary to the Corporate Executive Meeting.

 

DFF Inc., Corporate Social Responsibility Sect, General Administration Dept., Corporate Planning Dept., Resources & Global Business Division, Energy Solution Div, Power Buisiness Dept., Pipeline Network Division, IT Division, Residential Sales Div., Fundamental Technology Dept., Energy Solution Div, Environmental Affairs Dept., Purchasing Dept. , Health Insurance & Employees' Welfare Sect., Personnel Dept., Internal Audit Dept., Audit & Supervisory Board Member's Office, Compliance Dept., Regional Development Div., Finance Dept, TGES, TOKYO GAS COMMUNICATIONS, INC.