At the Nitto Group, we make clear our fundamental values and sense of purpose with respect to business performance in the form of our “Corporate Philosophy.”

In order to maximize our corporate value and achieve continuous growth under the “Corporate Philosophy,” we believe that prompt and transparent decision-making, as well as bold managerial decisions, are necessary. Being fully aware of the importance of establishing corporate governance to achieve such decision-making, we will further improve our corporate governance system by establishing these “Corporate Governance Guidelines" in accordance with the following basic principles.

1. We ensure the rights and equality of our shareholders.
2. We collaborate with our stakeholders appropriately.
3. We disclose information appropriately to ensure transparency.
4. We aim to realize the management functions expected of us by our stakeholders.
5. We engage in constructive dialogue with our shareholders.