SBC Medical Group Holdings, Inc.
Board committees
Board Committees
Audit
Compensation
Nominating and Governance
Fumitoshi Fujiwara
Ken Edahiro
Mike Sayama, Ph.D.
= Committee Chair
= Committee Member
Audit Committee
The purpose of the Committee is to oversee the Company’s accounting and financial reporting processes and the audit of the Company’s financial statements.
The primary role of the Committee is to oversee the financial reporting and disclosure process. To fulfill this obligation, the Committee relies on: management for the preparation and accuracy of the Company’s financial statements; both management and the Company’s internal audit department for establishing effective internal controls and procedures to ensure the Company’s compliance with accounting standards, financial reporting procedures and applicable laws and regulations; and the Company’s independent auditors for an unbiased, diligent audit or review, as applicable, of the Company’s financial statements and the effectiveness of the Company’s internal controls. The members of the Committee are not employees of the Company and are not responsible for conducting the audit or performing other accounting procedures.
Compensation Committee
The purpose of the Committee is to carry out the responsibilities delegated by the Board relating to the review and determination of executive compensation.
Nominating and Corporate Governance Committee
The purpose of the Committee is to carry out the responsibilities delegated by the Board relating to the Company’s director nominations process and procedures, developing and maintaining the Company’s corporate governance policies and any related matters required by federal securities laws.
Charter of the Nominating and Corporate Governance Committee.pdf
Governance Documents
Strengthening the corporate governance system
- Development of internal regulations and revision of guidelines for information management
- Mandatory in-house training on safekeeping of personal information
- Strengthening compliance checks in information management
SBC Medical Group Holdings is taking steps to prevent the occurrence of various risks that it faces in the course of its business activities, and to minimize and quickly resolve the damage caused by existing risks.
At SBC, we recognize compliance as an extremely important management policy. Compliance management is promoted through the development, operation, and supervision of the compliance system, as well as internal education thereof; the development and operation of internal regulations and rules concerning information management within the Group; and the reporting of pending issues and consultation services.