Message from the Chief Governance Officer

Executive Officer, Chief Environment Officer, Chief Corporate Officer Kohei Hayami

Greetings from the Newly Appointed Officer

My name is Kohei Hayami. I was appointed as Chief Corporate Officer in April 2025. As the business environment becomes more diverse and complex, governance in corporate management is becoming increasingly important. The Anritsu Group will strengthen governance across the entire group to promote sustainability management that continuously creates economic and social value.

Looking Back on FY2024

The Board of Directors discusses effectiveness evaluations every December, January, February, and March. Based on the results of the effectiveness evaluation in FY2023, we began intensive discussions on management issues starting in FY2024. During the intensive discussions, there was a lively exchange of views on important issues such as human resource strategies and M&A strategies, deepening the discussion from a long-term perspective.

Starting in FY2025, we will have four internal directors and five external directors, and the ratio of external directors on the Board of Directors will exceed 50%. We expect that this will further enhance transparency and objectivity in management decision-making.

Initiatives to Focus on in FY2025

One of the key themes for FY2025 is the advancement of risk management. Anritsu categorizes risks into seven categories (business, legal violations, environment, product and service quality, import/export control, information security, and infectious diseases/disasters), and the officer in charge is responsible for risk management. In the past, the Board of Directors meetings were limited to reports from persons in charge of risk management.

However, starting this fiscal year, the board will also discuss issues that should be prioritized from a group-wide perspective and make recommendations to the executive side to strengthen the management structure.

A survey of domestic group companies conducted in FY2024 determined that while the number of reported cases of harassment was trending downward, potential risks still existed. Based on this, we will continue to strengthen compliance in FY2025. Specifically, in addition to continuing education for all employees, we will implement tiered training programs to promote understanding and actions appropriate to each role and position.

We will also strive to further promote the system and improve its credibility so that everyone can report, notify, and consult with confidence. We will start corporate ethics audits in our overseas group companies to monitor compliance and raise awareness of the reporting and consultation system.

People are at the heart of all corporate activities, and the cultures and values held by each individual are truly diverse. To enhance the effectiveness of global governance, it is necessary not only to establish systems and mechanisms but also to understand how they function in practice and make improvements as needed. The Anritsu Group will continue to prioritize dialogue with employees and other stakeholders, tackling challenges with the spirit of "sincerity, harmony, and enthusiasm" to create an environment that will raise awareness of governance throughout the company.