{"id":9578,"date":"2021-10-12T22:29:05","date_gmt":"2021-10-12T13:29:05","guid":{"rendered":"https:\/\/www.capcom.co.jp\/ir\/?page_id=9578"},"modified":"2024-04-15T17:10:22","modified_gmt":"2024-04-15T08:10:22","slug":"extd01","status":"publish","type":"page","link":"https:\/\/www.capcom.co.jp\/ir\/english\/data\/oar\/2019\/extd01.html","title":{"rendered":"The management philosophy and corporate governance of Capcom&#8217;s leaders as seen by External Director Toru Muranaka"},"content":{"rendered":"\n<div class=\"oarBnWrapper\">\n\t<div class=\"oarBnBody\">\n\n\t<div class=\"fixedHeader\">\n\t\t<section class=\"fixedTop\">\n\t\t<div class=\"container\">\n\t\t\t<h1><a href=\"\/ir\/english\/data\/oar\/2019.html\"><img decoding=\"async\" src=\"\/ir\/english\/assets\/images\/data\/oar\/2019\/img_title01.png\" alt=\"Integrated Report 2019\"><\/a><\/h1>\n\t\t\t<div class=\"ticker\">\n\t\t\t<img decoding=\"async\" src=\"\/ir\/assets\/images\/data\/oar\/2019\/img_title01-1.png\" alt=\"Captivating a Connected World\">\n\t\t\t<\/div><!--\/\/ticker-->\n\t\t<\/div><!--\/\/container-->\n\t\t<\/section>\t<!--\/\/section-->\n\n\t\t<section class=\"globalnav\">\n\n\t\t<ul>\n\t\t<li><a href=\"\/ir\/english\/data\/pdf\/annual\/2019\/annual_2019_03.pdf\" target=\"_blank\" rel=\"noopener\">Value Creation<br>Story(PDF)<\/a><\/li>\n\n\t\t<li><span class=\"openPopup\">CEO<br>Commitment<\/span>\n\t\t<div class=\"navPopup\">\n\t\t<div class=\"container\">\n\t\t<nav>\n\t\t\t<div class=\"unit\">\n\t\t\t<ul>\n\t\t\t<li class=\"txtB txt18\"><a href=\"\/ir\/english\/data\/oar\/2019\/ceo.html\">CEO Commitment (Toppage)<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/nav>\n\n\t\t<nav>\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/ceo.html#sec01\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->1. Corporate philosophy and culture<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\n\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/ceo.html#sec02\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->2. Business model<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\n\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/ceo.html#sec03\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->3. Key performance indicators (KPI)<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\t\t<\/nav>\n\n\t\t<nav>\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/ceo.html#sec04\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->4. Management strategy <\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/ceo.html#sec05\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->5. Relationship with Society (S) <\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\n\t\t   <div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/ceo.html#sec06\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->6. Governance (G) <\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->   \n\t\t<\/nav>\n\n\t\t<\/div><!--\/\/container-->\n\t\t<\/div><!--\/\/navPopup-->\n\t\t<\/li>\n\n\t\t<li><span class=\"openPopup\">Growth <br>Strategies<\/span>\n\t\t<div class=\"navPopup\">\n\t\t<div class=\"container\">\n\n\t\t<nav>\n\t\t\t<div class=\"unit\">\n\t\t\t<ul>\n\t\t\t<li class=\"txtB txt18\"><a href=\"\/ir\/english\/data\/oar\/2019\/coo.html\">The COO\u2019s Discussion of Growth Strategies (Toppage)<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/nav>\n\n\t\t<nav>\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/coo.html#strategy01\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->Growth Strategy 1: Consumer<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\n\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/coo.html#strategy02\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->Growth Strategy 2: Mobile<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\n\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/hit_re2.html\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->Case Study: Analysis of a Top Hit<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/coo.html#strategy03\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->Growth Strategy 3: Esports<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\t\t<\/nav>\n\t\t<\/div><!--\/\/container-->\n\t\t<\/div><!--\/\/navPopup-->\n\t\t<\/li>\n\n\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/cfo.html\">Financial Strategy<\/a><\/li>\n\t\t<li><span class=\"openPopup\">Latest <br>Creative Report<\/span>\n\t\t<div class=\"navPopup\">\n\t\t<div class=\"container\">\n\t\t<nav>\n\t\t\t<div class=\"unit\">\n\t\t\t<ul>\n\t\t\t<li class=\"ntitle\"><a href=\"javascript:void(0)\">Latest Creative Report<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/nav>\n\n\t\t<nav>\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li style=\"width:250px;\"><a href=\"\/ir\/english\/data\/oar\/2019\/devtop.html\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->The Head of Development Discusses Strategy<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\n\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li style=\"width:350px;\"><a href=\"\/ir\/english\/data\/oar\/2019\/mhwi.html\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br--><em>Monster Hunter World: Iceborne<\/em><\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\n\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/esports.html\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->Esports<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\t\t<\/nav>\n\t\t<\/div><!--\/\/container-->\n\t\t<\/div><!--\/\/navPopup-->\n\t\t<\/li>\n\n\t\t<li><span class=\"openPopup\">Message from an External Director<\/span>\n\t\t<div class=\"navPopup\">\n\t\t<div class=\"container\">\n\t\t<nav>\n\t\t\t<div class=\"unit\">\n\t\t\t<ul>\n\t\t\t<li class=\"ntitle\"><a href=\"javascript:void(0)\">Message from an External Director<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/nav>\n\n\t\t<nav>\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/extd01.html\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->The management philosophy and corporate governance of Capcom&#8217;s leaders<br>as seen by External Director Toru Muranaka<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\n\n\t\t\t<div class=\"unit\">\n\t\t\t<ul> \n\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2019\/extd02.html\"><!--img src=\"\/ir\/data\/oar\/2017\/img\/Menu\/know_05.jpg\"><br-->The fitness of Capcom&#8217;s growth strategies<br>as seen by External Director Yutaka Mizukoshi<\/a><\/li>\n\t\t\t<\/ul>\n\t\t\t<\/div><!--\/\/unit-->\n\t\t<\/nav>\n\t\t<\/div><!--\/\/container-->\n\t\t<\/div><!--\/\/navPopup-->\n\t\t<\/li>\n\n\t\t<\/ul>\t\n\n\t\t<\/section>\t<!--\/\/section-->\n\t<\/div><!--\/\/fixedHeader-->\n\t<div id=\"hideGnav\"><\/div>\n\n<main id=\"rs_read\" class=\"extd oarMain\">\n<div class=\"message_past\">\r\n\t<p class=\"ms\"><a href=\"\/ir\/english\/data\/oar\/2025.html\">Latest version is available on the \"Online Integrated Report 2025\" top page.<\/a><\/p>\r\n<\/div>\n\n<div class=\"fullbox extitle\">\n<div class=\"container\">\n<h2>Message from an External Director<\/h2>\n<\/div><!--\/\/container-->\n<\/div><!--\/\/fullbox extitle-->\n\n\n\n<div class=\"extd01_header\">\n<div class=\"visual\">\n<div class=\"textbox00\">\n<h3>The management philosophy and corporate governance of Capcom&#8217;s leaders<br><span class=\"cap01\">as seen by External Director Toru Muranaka<\/span><\/h3>\n<p class=\"mT10 p\">In the approximately three years since being appointed external director at the June 2016 Shareholders&#8217; Meeting, I have seen steady activity directed toward growth in Capcom&#8217;s operational divisions, in addition to an unwavering approach to governance by top management. All of this has been against the backdrop of great change in the video game market as Capcom pushes to promote digital sales and global growth. I feel that my role is to present constructive questions to management personnel, drawing on my experience as an external director at other companies and my legal knowledge as an attorney.<\/p>\n<\/div><!--\/\/visual-->\n<\/div><!--\/\/textbox00-->\n<\/div><!---\/\/extd01_header-->\n\n\n\n\n<div class=\"fullbox mT20\">\n<div class=\"container\">\n\n<div class=\"questionbox\">\n<img decoding=\"async\" src=\"\/ir\/assets\/images\/data\/oar\/2019\/management\/ico_extd_q.png\" alt=\"Q\"> \n<p class=\"q01\" style=\"top:10px;\">Since being appointed external director, what have you noticed about Capcom&#8217;s Board of Directors?<\/p>\n<\/div>\n\n<div class=\"abox s01\">\n<img decoding=\"async\" src=\"\/ir\/assets\/images\/data\/oar\/2019\/management\/ico_extd_a.png\" alt=\"A\" class=\"icoA\">\n<p class=\"p\">The adoption of external directors is compulsory for a company with an audit and supervisory committee, and at Capcom independent external directors account for more than one third of all its directors.<\/p>\n\n<p class=\"p mT10\">We receive explanations of agenda items before Board of Directors meetings are convened and, on each occasion, have opportunities to exchange opinions on wide-ranging management issues not limited to those agenda items. The advice and input given during these discussions are then reflected in the deliberations of the Board of Directors. I feel that being able to grasp Capcom&#8217;s management risks, initiatives, and issues during these talks prior to Board of Directors meetings is effective in supporting discussions at the board meetings.<\/p>\n\n<p class=\"p mT15\">Additionally, although the schedule is irregular, independent external directors also set up opportunities to exchange opinions with the CFO and Company directors who are full-time Audit and Supervisory Committee members, which allows us to discuss company-wide management issues that are difficult to fully delve into at Board of Directors meetings. Each independent external director focuses on Capcom&#8217;s management issues using his or her particular acumen, which I think represents a diverse range of talented human capital.<\/p>\n<\/div><!--\/\/abox s01-->\n<\/div><!--\/\/container-->\n\n\n\n\n<div class=\"container mT45\">\n<div class=\"questionbox\">\n<img decoding=\"async\" src=\"\/ir\/assets\/images\/data\/oar\/2019\/management\/ico_extd_q.png\" alt=\"Q\"> \n<p class=\"q01\">As an external director, what do you emphasize within Capcom&#8217;s Board of Directors?<\/p>\n<\/div>\n\n<div class=\"abox s02\">\n<img decoding=\"async\" src=\"\/ir\/assets\/images\/data\/oar\/2019\/management\/ico_extd_a.png\" alt=\"A\" class=\"icoA\">\n<p class=\"p\">Under its system of being a company with an audit and supervisory committee, Capcom&#8217;s Board of Directors entrusts deliberation on what is called &quot;execution of critical business&quot; to the Corporate Management Council, which is primarily comprised of internal corporate officers, and said business is largely excluded from items brought up to the Board of Directors. Consequently, all basic matters related to business execution, except for business plans, budgets, and the like, are positioned as items reported on at Capcom&#8217;s Board of Directors meetings. As an external director, I draw on my experience in similar roles at other companies and my legal knowledge as an attorney, and make sure to present questions and opinions to the Board of Directors addressing the consistency of decision making and the logic of judgment rationale pertinent to management. <\/p>\n\n<p class=\"mT10 p\">Since I am an external director who is not an Audit and Supervisory Committee member, I am not directly involved in audits by that committee. However, as the chair of the Compliance Committee, I am involved in reports and deliberations on the status of Capcom&#8217;s internal hotline and cases of compliance violations. Through these activities, I am committed to building ties with the Internal Control Division and other divisions, while also monitoring initiatives to prevent and, when necessary, quickly detect legal violations and inappropriate conduct.<\/p>\n\n<p class=\"txtC mT25\"><img decoding=\"async\" src=\"\/ir\/assets\/images\/data\/oar\/2019\/management\/img_extd02.png\"><\/p>\n<\/div><!--\/\/abox s02-->\n<\/div><!--\/\/container-->\n\n\n\n\n\n\n<div class=\"container mT45\">\n<div class=\"questionbox\">\n<img decoding=\"async\" src=\"\/ir\/assets\/images\/data\/oar\/2019\/management\/ico_extd_q.png\" alt=\"Q\"> \n<p class=\"q01\" style=\"top:10px;\">What is necessary to further strengthen the functions of Capcom&#8217;s Board of Directors, and what are your goals going forward as an external director?<\/p>\n<\/div>\n\n<div class=\"abox s02\">\n<img decoding=\"async\" src=\"\/ir\/assets\/images\/data\/oar\/2019\/management\/ico_extd_a.png\" alt=\"A\" class=\"icoA\">\n<p class=\"p\">Under the strong leadership of the CEO, who is Capcom&#8217;s founder, the Company has not only handled risks, but has also channeled management resources in a courageous direction. In recent years, the Company has been devoting energy to new fields, such as global business expansion and the area of esports. With regard to promoting existing business, the Company has established and deployed the systems necessary for internal control, while also progressively building and rolling out organizational and control structures for corporate governance that contributes to achieving even more intricate and flexible business expansion.<\/p>\n\n<p class=\"mT10 p\"> A challenge going forward &mdash;which I, as an external director, would like to have a hand in tackling &mdash;will be developing a governance structure able to propose and promote new, effective growth strategies even if the current CEO retires.<\/p>\n\n<p class=\"txtC mT25\"><img decoding=\"async\" src=\"\/ir\/assets\/images\/data\/oar\/2019\/management\/img_extd03.png\"><\/p>\n<\/div><!--\/\/abox s02-->\n<\/div><!--\/\/container-->\n<\/div><!--\/\/fullbox-->\n\n<\/main>\n\n\n                    \n<div class=\"contList\">\n\t<div class=\"contents\">\n\t<h3>CAPCOM INTEGRATED REPORT 2019<\/h3>\n\n\t<h4 class=\"mT30 comppdf\"><a href=\"\/ir\/english\/data\/pdf\/annual\/2019\/annual_2019_01.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2019_01.pdf']);\" rel=\"noopener\"> PDF (Complete version) <span class=\"pdfmt\">\uff08PDF\uff1a11.4MB\/ 104 page\uff09<\/span><\/a><\/h4>\n\n\t<div class=\"sepbox\">\n\t<h4 class=\"mT15 separate\">PDF (By section)<\/h4>\n\n\t<div class=\"contBox mT15\">\n\t<div class=\"col heightLine-1\">\n\t<h4 class=\"mpdf\"><a href=\"\/ir\/english\/data\/pdf\/annual\/2019\/annual_2019_03.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2019_03.pdf']);\" rel=\"noopener\">Value Creation Story <br><span>(PDF: 2.43MB\/16 page)<\/span><\/a><\/h4>\n\t<ul class=\"mT10\">\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/value_01.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2019_value01.pdf']);\" rel=\"noopener\">History of Value Creation<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/value_02.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2019_value02.pdf']);\" rel=\"noopener\">Value Creation Model<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/value_03.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2019_value03.pdf']);\" rel=\"noopener\">Major Intellectual Properties (IP)<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/value_04.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2019_value04.pdf']);\" rel=\"noopener\">Effectively Leveraging IP<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/value_05.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2019_value05.pdf']);\" rel=\"noopener\"> Financial Highlights<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/value_06.pdf\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2019_value06.pdf']);\">ESG Highlights<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/value_07.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2019_value07.pdf']);\" rel=\"noopener\"> Business Segments Highlights<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/value_08.pdf\" target=\"_blank\" onClick=\"_gaq.push(['_trackEvent', 'EN PDF', 'OAR', 'annual_2019_value08.pdf']);\" rel=\"noopener\">Medium- to Long-Term Vision<\/a><\/li>\n\t<\/ul>\n\t<\/div><!--\/\/col-->\n\n\t<div class=\"col heightLine-1\">\n\t<h4 class=\"mpdf\"><a href=\"\/ir\/english\/data\/pdf\/annual\/2019\/annual_2019_04.pdf\" target=\"_blank\" rel=\"noopener\">Medium- to Long-Term Growth Strategy <br><span>(PDF: 1.64MB\/ 20 page)<\/span><\/a><\/h4>\n\t<ul class=\"mT10\">\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/ceo.pdf\" target=\"_blank\" rel=\"noopener\">CEO Commitment<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/coo.pdf\" target=\"_blank\" rel=\"noopener\">The COO&#8217;s Discussion of Growth Strategies<\/a><\/li>\n\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/cfo.pdf\" target=\"_blank\" rel=\"noopener\">Financial Strategy According to the CFO<\/a><\/li>\n\t<\/ul>\n\t<\/div><!--\/\/col-->\n\n\n\t<div class=\"col heightLine-1\">\n\t<h4 class=\"mpdf\"><a href=\"\/ir\/english\/data\/pdf\/annual\/2019\/annual_2019_05.pdf\" target=\"_blank\" rel=\"noopener\">Latest Creative Report <br><span>(PDF: 3.19MB\/ 6 page)<\/span><\/a><\/h4>\n\t<ul class=\"mT10\">\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/devtop.pdf\" target=\"_blank\" rel=\"noopener\">The Head of Development Discusses Development Strategy<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/mhwi.pdf\" target=\"_blank\" rel=\"noopener\"><em>Monster Hunter World: Iceborne<\/em><\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/esports.pdf\" target=\"_blank\" rel=\"noopener\">Esports<\/a><\/li>\n\t<\/ul>\n\t<\/div><!--\/\/col-->\n\n\t<div class=\"col heightLine-2\">\n\t<h4 class=\"mpdf\"><a href=\"\/ir\/english\/data\/pdf\/annual\/2019\/annual_2019_06.pdf\" target=\"_blank\" rel=\"noopener\">Foundation for Sustainable Growth (ESG)<br><span>(PDF: 2.05MB\/22 page)<\/span><\/a><\/h4>\n\t<ul class=\"mT10\">\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/esg_01.pdf\" target=\"_blank\" rel=\"noopener\">Directors<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/esg_01.pdf\" target=\"_blank\" rel=\"noopener\">Society and Capcom<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/esg_02.pdf\" target=\"_blank\" rel=\"noopener\">Capcom and the Environment<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/governance.pdf\" target=\"_blank\" rel=\"noopener\">Corporate Governance<\/a>\n\t\t<ul>\n\t\t <li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/gov_01.pdf\" target=\"_blank\" rel=\"noopener\">Directors<\/a><\/li>\n\t\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/gov_02.pdf\" target=\"_blank\" rel=\"noopener\">Features of Capcom Corporate Governance<\/a><\/li>\n\t\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/gov_03.pdf\" target=\"_blank\" rel=\"noopener\">Corporate Governance Structure and Initiatives<\/a><\/li>\n\t\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/gov_04.pdf\" target=\"_blank\" rel=\"noopener\">Message from an External Director<\/a><\/li>\n\t\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/gov_05.pdf\">Risk Management<\/a><\/li>\n\t  <\/ul>\n\t<\/li>\n\n\t<\/ul>\n\t<\/div><!--\/\/col-->\n\n\t<div class=\"col heightLine-2\">\n\t<h4 class=\"mpdf\"><a href=\"\/ir\/english\/data\/pdf\/annual\/2019\/annual_2019_07.pdf\" target=\"_blank\" rel=\"noopener\">Financial Analysis and Corporate Data <br><span>(PDF: 676KB\/17 page)<\/span><\/a><\/h4>\n\t<ul class=\"mT10\">\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/finance_01.pdf\" target=\"_blank\" rel=\"noopener\">An Analysis of the Market and Capcom<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/finance_02.pdf\" target=\"_blank\" rel=\"noopener\">Market Analysis<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/finance_03.pdf\" target=\"_blank\" rel=\"noopener\">11-Year Summary of Consolidated Financial Indicators<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/finance_04.pdf\" target=\"_blank\" rel=\"noopener\">Financial Review<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/finance_05.pdf\" target=\"_blank\" rel=\"noopener\">Segment Information<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/finance_06.pdf\" target=\"_blank\" rel=\"noopener\">Stock Data<\/a><\/li>\n\t<li><a href=\"\/ir\/english\/assets\/pdf\/oar\/2019\/finance_07.pdf\" target=\"_blank\" rel=\"noopener\">Corporate Data<\/a><\/li>\n\t<\/ul>\n\t<\/div><!--\/\/col-->\n\t<\/div><!--\/\/sepbox-->\n\n\n\t<\/div><!--\/\/contBox-->\n\t<\/div><!--\/\/contents-->\n<\/div><!--\/\/contList-->\n\n    <div class=\"f_bknumber\">\r\n        <div class=\"box clearfix\">\r\n            <p>Online Integrated Report Archives<\/p>\r\n            <ul class=\"mT10\">\r\n\t\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2025.html\" target=\"_blank\">2025<\/a><\/li>\r\n\t\t\t\t<li><a href=\"\/ir\/english\/data\/oar\/2024.html\" target=\"_blank\">2024<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2023.html\" target=\"_blank\">2023<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2022.html\" target=\"_blank\">2022<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2021.html\" target=\"_blank\">2021<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2020.html\" target=\"_blank\">2020<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2019.html\" target=\"_blank\">2019<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2018.html\" target=\"_blank\">2018<\/a><\/li>\r\n                <li><a href=\"\/ir\/english\/data\/oar\/2017.html\" target=\"_blank\">2017<\/a><\/li>\r\n            <\/ul>\r\n        <\/div>\r\n        <!--\/\/box-->\r\n    <\/div>\n\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Value CreationStory(PDF) CEOCommitment CEO Commitment (Toppage) 1. Corporate philosophy and culture 2. Busines [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"parent":9562,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template\/other_onecol.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-9578","page","type-page","status-publish","hentry"],"acf":[],"aioseo_notices":[],"lang":"english","translations":{"english":9578,"ja":6469},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/pages\/9578"}],"collection":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/comments?post=9578"}],"version-history":[{"count":6,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/pages\/9578\/revisions"}],"predecessor-version":[{"id":24946,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/pages\/9578\/revisions\/24946"}],"up":[{"embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/pages\/9562"}],"wp:attachment":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/media?parent=9578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}