Governance

Governance Data

Corporate Governance

Directors

【Mitsubishi Electric】
No. of directors March 31, 2019 March 31, 2020 March 31, 2021 March 31, 2022 March 31, 2023
Internal directors Total 7 persons 7 persons 7 persons 5 persons 5 persons
Outside directors Total 5 persons 5 persons 5 persons 5 persons 7 persons
Internal directors ＋Outside directors Total 12 persons 12 persons 12 persons 10 persons 12 persons
Male 11 persons 11 persons 11 persons 9 persons 11 persons
Female 1 person 1 person 1 person 1 person 1 person
Percentage of Independent outside directors 42% 42% 42% 50% 58%
Percentage of female directors 8% 8% 8% 10% 8%
No. of Board meetings held 7 times 7 times 8 times 20 times 13 times
Chairperson Internal Internal Internal Outside Outside

Directors and Officers（Directors＋Executive Officers+Executive Officer (Associate)）

【Mitsubishi Electric】
No. of directors and officers March 31, 2019 March 31, 2020 March 31, 2021 March 31, 2022 March 31, 2023
Internal directors and officers Total 24 persons 24 persons 24 persons 24 persons 26 persons
Outside directors and officers Total 5 persons 5 persons 5 persons 5 persons 7 persons
Internal directors and officers ＋Outside directors and officers Total 29 persons 29 persons 29 persons 29 persons 33 persons
Male 28 persons 28 persons 28 persons 28 persons 32 persons
Female 1 person 1 person 1 person 1 person 1 person
Percentage of female directors and officers 3% 3% 3% 3% 3%

Nomination Committee

【Mitsubishi Electric】
No. of directors March 31, 2019 March 31, 2020 March 31, 2021 March 31, 2022 March 31, 2023
Internal directors Total 1 person 1 person 1 person 1 person 1 person
Outside directors Total 4 persons 4 persons 4 persons 4 persons 6 persons
Internal directors ＋Outside directors Total 5 persons 5 persons 5 persons 5 persons 7 persons
Male 4 persons 4 persons 4 persons 4 persons 6 persons
Female 1 person 1 person 1 person 1 person 1 person
Percentage of outside directors 80% 80% 80% 80% 86%
No. of Nomination Committee meetings held 3 times 3 times 3 times 16 times 9 times
Chairperson Outside Outside Outside Outside Outside

Audit Committee

【Mitsubishi Electric】
No. of directors March 31, 2019 March 31, 2020 March 31, 2021 March 31, 2022 March 31, 2023
Internal directors Total 2 persons 2 persons 2 persons 2 persons 2 persons
Outside directors Total 3 persons 3 persons 3 persons 3 persons 3 persons
Internal directors ＋Outside directors Total 5 persons 5 persons 5 persons 5 persons 5 persons
Male 5 persons 5 persons 5 persons 5 persons 5 persons
Female 0 person 0 person 0 person 0 person 0 person
Percentage of outside directors 60% 60% 60% 60% 60%
No. of Audit Committee meetings held 7 times 13 times 14 times 13 times 15 times
Chairperson Internal Internal Outside Outside Outside

Compensation Committee

【Mitsubishi Electric】
No. of directors March 31, 2019 March 31, 2020 March 31, 2021 March 31, 2022 March 31, 2023
Internal directors Total 2 persons 2 persons 2 persons 2 persons 1 person
Outside directors Total 3 persons 3 persons 3 persons 3 persons 5 persons
Internal directors ＋Outside directors Total 5 persons 5 persons 5 persons 5 persons 6 persons
Male 4 persons 4 persons 4 persons 4 persons 4 persons
Female 1 person 1 person 1 person 1 person 1 person
Percentage of Outside Directors 60% 60% 60% 60% 83%
No. of Compensation Committee meetings held 3 times 4 times 4 times 13 times 11 times
Chairperson Internal Internal Outside Outside Outside

Compliance

Education covering major laws and regulations, as well as the Group's concept of compliance

【Mitsubishi Electric Group】
(Unit: No. of people)
Target FY2019 FY2020 FY2021 FY2022 FY2023
Officers and employees in Japan (including contract employees, temporary employees, part-time employees, short-term workers, etc.) 127,300 125,614 126,049 131,306 Approx. 131,700
100% 100% 100% 100% 100%
Employees in Southeast Asia, Oceania, and other regions 6,815 6,644 Approx. 7,000 Approx. 7,000 Approx. 7,300

Workshops related to compliance

【Mitsubishi Electric Group (in Japan)】
(Unit: No. of people)
Target FY2019 FY2020 FY2021 FY2022 FY2023
Officers and employees in Japan (including contract employees, temporary employees, part-time employees, short-term workers, etc.) 240 times 180 times 113 times 111 times -
9,071 6,531 8,134 10,018 Approx. 3,300

Compliance e-learning programs

【Mitsubishi Electric Group (in Japan)】
(Unit: No. of people)
Target FY2019 FY2020 FY2021 FY2022 FY2023
Fair competition Directors, officers and employees of Mitsubishi Electric and its affiliates in Japan who regularly interact with other companies - 15,310 14,824 51,901 58,207
Of which, those in Mitsubishi Electric - - - - 15,502
Of which, those in Group companies in Japan - - - - 42,705
Corruption prevention Mitsubishi Electric Group Companies in Japan 24,056 24,365 25,371 39,951 41,544
Of which, those in Mitsubishi Electric - - - - 25,562
Of which, those in Group companies in Japan - - - - 15,982
Export control Mitsubishi Electric 36,578 37,520 38,415 38,726 39,432
Group companies in Japan 32,859 33,880 34,364 27,341 52,791