CAPCOM IR

(as of December 1, 2011)

The board of auditors has four members, including two external auditors. The external auditors attend meetings of the board of directors and other important meetings, provide objective and fair opinions, and perform other activities. This enables the external auditors to closely supervise the directors to ensure that they perform their duties in a manner that is legal and appropriate.

Corporate Auditor (full-time) Kazushi Hirao

Apr  1975 Entered into Hitachi Zosen Corporation Apr  1987 Assistant Manager of the said company Jun  1988 Entered into the Company Apr  1997 General Manager of Overseas Business Dept. of the Company Jul  1999 Corporate Officer, General Manager of Overseas Business Dept. of the Company Oct  2002 General Manager of General Affairs Dept. of the Company Apr  2004 Senior Manager of Investor Relations Section of the Company Jun  2004 Corporate Auditor of the Company (full-time)(to present)

	Corporate Auditor Masanao Iechika
	Apr  1962 Lawyer (to present) Apr  1981 Vice President of Osaka Bar Association, Director of Japan Federation of Bar Association Mar  1988 Member of Commercial Law Committee of Judicial System and Research Dept. of Ministry of Justice Jun  2002 Director of the Company Jun  2004 Professor of the Konan Law School Jun  2008 Corporate Auditor of the Company (to present)

Corporate Auditor Koji Takito

Apr  1967 Entered National Police Agency Aug  1970 Chief of Foreign Affairs Section, Security Bureau, Yamaguchi Prefectural Police Headquarters Jul  1978 Chief of Public Security First Section, Public Security Bureau, Tokyo Metropolitan Police Department Apr  1986 Chief of Security Office, Public Security Second Section, Security Bureau, National Police Agency Aug  1986 Head of Security Police Training Division, National Police Academy Sep  1990 Chief, Okayama Prefectural Police Headquarters Sep  1992 Deputy Director-General of Secretariat of the Commissioner General, National Police Agency Apr  1994 Chief, Hyogo Prefectural Police Headquarters Aug  1996 Deputy Superintendent-General, Tokyo Metropolitan Police Department Jul  2004 Chairman of the Board, Horse Racing Security Association May  2008 Advisor, Mitsubishi Motors Corporation (to present) Jun  2008 External Auditor of the Company (to present)

Corporate Auditor Shigeru Miki

Apr  1974 Registered as attorney (Daini Tokyo Bar Association) Mar  1985 Senior Counsel, Miki-Yoshida Law Office (now Squire, Sanders, Miki, Yoshida Foreign Law Joint Law and Patent Office) (to present) Apr.  1987 Chairman of Software Legal Protection Committee, Software Information Center Apr  1989 Instructor, Law School, Chuo University Apr  1997 Director, Japan Chapter, International Literary and Artistic Association (ALAI) (to present) Jun  2002 Director, Software Information Center Mar  2004 Study group for methods for conducting the IT outsourcing business, Ministry of Economy, Trade and Industry Apr  2011 Councilor, Software Information Center (to present) Dec  2011 External Auditor of the Company (to present)

Notes ) Messrs. Koji Takito, Shigeru Miki are External Auditors.

Board Members Execution of Duties Closely Monitored

Capcom’s Board of Corporate Auditors consists of four auditors, including two
from outside the company.
We perform our daily auditing responsibilities in accordance with the auditing policy and job descriptions established by the Board of Corporate Auditors. To do so, we maintain close communication with the Board of Directors, Office of Internal Auditing and other employees to collect relevant information and to lay the groundwork for audits. Also, we attend important corporate meetings such as board meetings to receive activity reports from directors and other key managers on their day-to-day execution of operational duties, request clarification as required, review documents of important corporate decisions, and investigate the operational and financial status of the company.
As established in the Companies Act, it is our responsibility to monitor and verify the effectiveness of the system that ensures directors’ day-to-day execution of their duties is compliant with laws and regulations, as well as the internal control system designed to ensure the company’s business operations are conducted appropriately. We maintain close communications with directors at our subsidiaries, exchanging information and receiving updated business reports as needed.

Compensation for the directors and corporate auditors of Capcom were as follows for the year that ended in March 2011.

48 million yen was paid to 4 corporate auditors (including 24 million yen to the 2 external corporate auditors)

The external auditors were selected for the following reasons.

Koji Takito :
Selected as an individual with the skills to help ensure legal compliance based on work experience, insight, experience and other factors.

Shigeru Miki :
Selected based on an overall assessment including knowledge as a legal professional, wealth of experience and other factors.