In the construction of internal control processes, Mitsui implements various systems in accordance with basic framework of the internal control indicated by the Business Accounting Council (an advisory body to the Financial Services Agency of Japan) to achieve “Improvement of effectiveness and efficiency of operations,” “Compliance with accounting standards and securing reliability of financial reporting,” “Compliance with laws, rules that are equivalent to the laws, and observance of management philosophy and company rules including all codes of conduct which reflect this philosophy,” and “The conservation of company assets.” Risk Management System Risks arising from Mitsui’s business activities are monitored and managed by chief operating officers of business units and regional business units under the oversight of the Board, within the authorization delegated to them from Mitsui’s management.