Corporate Governance
Basic Policy Regarding Corporate Governance
Based on our corporate philosophy of “Fill Everyday Life With Joy and Possibility,” the 2nd RETAILING Group offers services that provide our customers with daily entertainment and happiness in their everyday lives.
In order to maximize our corporate value, the 2nd RETAILING Group will swiftly and appropriately respond to the changing business environment, while further strengthening our Board of Directors and Audit and Supervisory Committee structure, improving the transparency of our management, and ensuring legal compliance, thereby enhancing our corporate governance.
Corporate Governance Structure Chart
*As of July 7, 2026
Evaluation of Board of Directors Effectiveness
We conducted a survey of all Directors regarding the effectiveness of the Board of Directors, and deliberated the compiled and analyzed results at the Board of Directors meeting in May 2026. While this second-year evaluation was conducted in-house, we plan to seek the support of an external organization once every three years—including the initial fiscal year—following the common practice in the United Kingdom and other countries of conducting third-party evaluations every three years.
The survey covered the following:
- 01. Role and function of the Board of Directors
- 02. Scope and composition of the Board of Directors
- 03. Administration of the Board of Directors
- 04. Establishment of internal control and other measures
- 05. Utilization of Outside Directors
- 06. Relationship with shareholders and investors
- 07. General questions and open-ended questions
Overview of Survey Results
The survey results confirmed that the composition of our Board of Directors (in terms of the number of members and the balance of knowledge, experience, and capability) is appropriate, and that open and lively discussions are among its strengths.
Based on these findings, we evaluate that our Board of Directors is operating appropriately and its effectiveness is maintained.
Meanwhile, to further enhance our governance level, we discussed issues such as enriching discussions on management strategies from a medium- to long-term perspective and developing a framework for dialogue with shareholders and investors.
Going forward, we will continue to address the issues identified through this evaluation to make ongoing improvements and enhance the Board’s capabilities.