Corporate Governance

Executive Officers

At HOYA, candidates for Chief Executive Officer (CEO); Chief Financial Officer (CFO); Executive Officer, Chief Legal Officer (CLO) and Head of Corporate Development and Affairs; and Executive Officer, Chief Technology Officer (CTO) are nominated by the Nomination Committee and appointed at a Board meeting (CEO serves concurrently as an internal director). They manage business execution of the HOYA Group according to the division of responsibility designated by the Board of Directors and decisions are made promptly. In regards to day-to-day business operations in each business, significant power is delegated to each division manager and executive officer’s direct division managers to create and execute specific measures based on a business policy decided at a Board meeting.