The function of the corporate auditors is to confirm that the directors are performing their duties without acting illegally or engaging in extremely inappropriate behavior. I am drawing on my many years of experience as auditor and advisor to corporate managements in the capacity of certified public accountant, and fulfilling my duties as an external auditor from a third-party perspective. Fortunately, prior to becoming an external auditor at Lion, I had experience as auditor at two listed companies. By comparing my experience as auditor at other companies, I am able to perform a more in-depth auditing function at Lion.
Lion, with its over 120 years of history, has developed a corporate culture characterized by a free and open atmosphere that enables individual employees to demonstrate their capabilities to the fullest extent. This means that it is easy to communicate freely, and, from an organizational perspective, the directives issued by top management are transmitted clearly to all staff members. Moreover, the information of individual employees can be relayed to top management easily, creating the feeling that Lion has an open and responsive organization. From the auditors’ perspective, Lion’s organization is one where there is a high level of compliance with laws and regulations. I believe that the role I would like to play, while drawing on these good points of Lion’s culture, is to instill a spirit of accurate governance that takes account of the long-term perspective.