Suzuki 2012 Annual Report Download - page 24
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22 SUZUKI MOTOR CORPORATION
Management policy
To minimize the impact of the yen appreciation, the Group has been promoting the procurement of parts from overseas market, reduc-
tion of cost and further improvement of quality and productivity. Particularly in Asia and other areas, demand for vehicles is rising, so the
Group will be working to increase the share of internal production, expand global procurement activities and enhance local production
capability.
Also, while the Group has been taking various measures to prevent anticipated damage caused by Tokai and Tonankai Earthquake, it
has decided to relocate plants and facilities located in Ryuyo region in Iwata City, Shizuoka Prefecture after experiencing the Great East
Japan Earthquake, since massive tsunami damages are anticipated in the area. By further diversifying its production and research sites
including overseas, the Group will be enhancing its preparedness against natural disasters.
4. Corporate governance issues
(1) Basic concepts regarding corporate governance
The Company has made it a principle to carry out its corporate activities in a fair and efficient manner, and has desired to be a
company which achieves a sustainable growth by retaining the faith of all our stakeholders including shareholders, customers,
business partners, regional communities and employees, and by making contribution toward international society. For its fulfill-
ment, The Company recognizes that enhancement of corporate governance is one of its most important management issues, and
makes positive efforts toward the implementation of various measures.
In order to strengthen supervision and audit to management further, The Company adopted Outside Director system on General
Meeting of Shareholders held on June 28, 2012. And as to Outside Company Auditor, The Company elected Outside Company
Auditors who are more independent of The Company.
(2) Organization of The Company
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(a) Directors/Board of Directors
The Company has kept the number of directors small (12 Directors as of issuance of this report, including 2 outside directors),
and introduced a managing officer system (senior managing officers and managing officers) aiming at agility of management,
speedup of operation and clarification of responsibilities. All Directors, excluding Chairman& CEO and Outside Directors, as-
sume the position responsible for main divisions or other functions as a central of execution of operation, and they participate
in decision-making at board meeting through providing on-site information.
Furthermore, the Corporate Planning Committee which is a collegial system composed of four Representative Director and
Executive Vice Presidents as the Corporate Planning Committee Member discusses administrative and important issues in
a cross-sectoral and comprehensive manner and coordinates and formulates basic policies. And The Company has estab-
lished the Corporate Planning Office as a dedicated department to materialize the policies.
Besides the above, The Company had stipulated the term of office of Directors to be for one year in order to clarify their man-