Message from an Outside Director

Katsunori Koseki
Outside Director

【Biography】
  • 1984 FANCL Biken(Currently FANCL CORPORATION)'s
    Audit & Supervisory Board Member
  • 1986 Restistered with the Tokyo-Chiho Certified Public Tax
    Accountants Association
  • 1989 Established the Katsunori Koseki Certified Public Tax
    Account Office (Current)
  • 1996 Audit & Supervisory Board Member
  • 2016 FANCL Corporation Director(Current)

Message from an Outside Director

Take on new challenges and break stereotypes,like the saying "there is no progress without change"

FANCL Corporation took steps to reorganize the structure of its operations. As a part of this reorganization, the company conducted an absorption-type merger of wholly-owned subsidiaries FANCL COSMETICS CORPORATION and FANCL HEALTH SCIENCE CORPORATION on April 1, 2017. In line with this initiative, Kazuyuki Shimada was appointed President, CEO, and Representative Director. Recognizing the need for companies to be quick and nimble in order to prosper in an era of rapidly changing customer needs, I have high hopes for Mr. Shimada, who exhibits quick business judgment and sound execution capabilities. As an outside director, I will do my utmost to support Mr. Shimada and am determined to help the company take the next dramatic leap forward under its new organizational structure.
 Looking at FANCL from the outside, I feel that the company highly values engagement with shareholders. One example of this is the General Meeting of Shareholders. Since its listing, FANCL has held the meeting on a Saturday or Sunday so that representatives? of ?the company can meet and exchange information with as many shareholders as possible. Large numbers of the company’s shareholders use FANCL products, and strongly support the company?. In this regard, I feel their strong commitment to truthful and transparent management in order to meet the expectations of shareholders.
 As far as its human resources are concerned, I would like to see FANCL’s employees become more willing to take on new challenges. I have observed the company in the capacity of outside Audit & Supervisory Board member and outside director for over 20 years. Over this period, FANCL’s greatest strength has been its corporate culture that focuses on the development of products that anticipate the future and the needs of each era such as Mutenka cosmetics?. FANCL’s employees work diligently with a heavy emphasis on teamwork, but I get the sense that they have inherited less of the DNA that can be traced back to FANCL’s beginning, when employees were more willing to take on new challenges and break away from stereotypes. As an outside director, I would like to see FANCL move in a direction where its employees return to these roots as challengers of the status quo and create innovative new products and services that eliminate the “negatives” of the world.