The decisions for the proxy voting are always made based on the voting policy set by the responsible investment committee. Fairness is secured by applying the same policy to all investee companies. The proxy voting that are deemed necessary for further examination shall be decided by the committee as a proposal that requires qualitative judgment. In that case, we also refer to opinions of multiple advisor companies.
By receiving primary judgment based on our policy from outside advisory company, we secure the accuracy of our judgment based on the voting policy.
Highly independent external directors attend to the responsible investment committee, and can give their opinions and supervises whether the decision making process is properly operated.
Regarding the result of the exercise of proxy voting, the committee makes it available for review by the committee members, and regularly reports it to the responsible investment committee. The responsible investment committee secures the whole PDCA cycle by preparing the minutes and keeping record of the progress of deliberations and decisions.