I am Iwasa, and I have been appointed as an Audit & Supervisory Board Member. Until now, as Senior General Manager, Board of Directors Office, I have devoted myself to strengthening corporate governance, including the operation of the Board of Directors.

I recognize that the expectations of our stakeholders are increasingly focused on the realization of sustainable enhancement of corporate value through growth and the achievement of “solving social issues,” which forms its foundation.
At present, OMRON is undergoing major transformation to realize its growth strategies, having overcome the stage of structural reform. However, taking a leap forward inherently involves risk. What I aim to realize as an Audit & Supervisory Board Member is to identify and prepare for risks from a broad perspective while establishing an environment that supports sound risk-taking and promotes growth.

Upon my appointment, the Audit & Supervisory Board held discussions and redefined its mission as follows: “To recognize the fiduciary responsibility entrusted by shareholders, ensure the soundness of the company, and contribute to the sustainable enhancement of corporate value through effective, forward-looking monitoring.” We also organized the Board’s vision and code of conduct.
By promoting the establishment of a framework in which the Audit & Supervisory Board organically collaborates and works together while utilizing the expertise of each audit function and internal control division, we will strengthen the company’s overall internal control system. In addition to compliance audits and risk-based audits, we will also address corporate culture and organizational climate to identify and propose improvements to the root causes that hinder the realization of strategies.

With my continued empathy for the unchanging OMRON Principles since joining the company, I will, as an Audit & Supervisory Board Member, collect information through close collaboration with on-site operations, combine this with the expertise of Outside Audit & Supervisory Board Members, and support fair and appropriate decision-making by the Board of Directors and the Executive Council .
Drawing on my experience cultivated in both business operations and head office functions, I will conduct effective audits through constructive dialogue with management, thereby contributing to the evolution of governance and the sustainable enhancement of corporate value.