August 2020
Strengthening Governance Through Integrated Group Management
The Cornerstone of Governance
The cornerstone of the Company’s governance lies in "promotion of diversity" and "spreading our core identity".
Promotion of Diversity
The Company takes its excellent, diverse talent acquired through overseas M&A and appoints them in Co-Heads, and leaders of global committees and specialized areas. In other words, it deploys its global expertise horizontally, or incorporates them into the strategies and policies of the entire Group, thus contributing to Group management. The Company believes that this enables the strategy or the policies of the Group to be stronger and more flexible to change.
Spreading Our Core Identity
As diversity increases, it becomes more important to have a core identity that unites diverse people as a team. We acquired companies whose cultures matched our own with our desire to make the world a better place through our business, but to further spread the Group’s common culture of "To Be a Good Company," we have been implementing a variety of initiatives around the world, such as the "Majikirakai," a group that talks about serious matters very casually.
Function-Based Chief Officer System, Committees, etc.
Through the function-based chief officer system and committees, etc., the Company utilizes its global expertise and knowledge to solve the Group management issues. In addition, the Company is also promoting initiatives to spread our Group culture, led by the Group CCO. These efforts have resulted in Group synergies that contribute approximately ¥35 billion in annual profits.
Functional Chief Officer System
![Globalize and enhance our management structure [ Group CEO / CCO Executive/Culture | Focus on Group management / Initiatives to spread our Group culture ] [ Group Chief Officers | CFO Financial / CSSO Strategy and Synergy / CDO Digital / CRSO Retention Strategy / Co-CRSO Retention Strategy / CIO Investment / Co-CIO Investment / CHRO Human Resources / CWO Wellness / CRO Risk / CLCO Legal and Compliance / CITO Information Technology / CISO Information Security ] [ Functional Global Committees, etc. Top management both in Japan and overseas discuss various Group management issues | ERM: Enterprise Risk Management Committee | International Insurance: International Executive Committee | Digital: Digital Round Table | Retention Strategy: Global Retention Strategy Committee | Investment: Global Investment Strategy Committee | IT: Global Information Technology Committee ] [ Generate Group’s collective strength [ Domestic Non-life Insurance Business | Domestic Life Insurance Business | International Insurance Business | Financial and General Business ] Create synergies and share best practices in a cross-organizational manner / Brings together the knowledge of the Group to solve Group-wide problems / Involve overseas personnel in Group management ]](/en/company/governance/management/images/fig_index_01.png)