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26 SUZUKI MOTOR CORPORATION
Management policy
(Company Auditor)
The amount of the basic remuneration and the bonus for each Company Auditor is determined by the discussion of all Com-
pany Auditors within the amount limit approved by the general meeting of shareholders, taking each Company Auditor’s office
and duties into consideration.
The Company abolished the retirement benefit system for directors and company auditors at the closure of the 140th ordinary
general meeting of shareholders held on 29 June 2006. At the general meeting of shareholders it was resolved and approved
that the directors and company auditors reappointed after then are paid their respective retirement benefits at the time of their
respective retirements and the their respective amount are determined by the Board of Directors for the director and by the
discussion of the Company Auditors for the company auditor, pursuant to the Rules of Retirement Benefit Allowance for Direc-
tors and Company Auditors which was effective as of that abolishment and based on their respective years of service until
that abolishment.
(5) Remuneration for Independent Auditor for current fiscal year
(a) The remuneration amount to be paid by The Company to Independent Auditors is ¥69 million.
(b) The remuneration amount to be paid by the Group to Independent Auditors is ¥72 million.
(c) Of the amount shown in (a), the remuneration amount to be paid for audit certification is ¥69 million.
Note: Since the audit agreement between The Company and Independent Auditors does not distinguish the remuneration for auditing based
on the Companies Act of Japan from that for auditing based on the Financial Instruments and Exchange Act of Japan, The Company
can not specify respective amounts substantially and has described the total amount for those audits.
(Reference)
Internal Control Report System under the Financial Instruments and Exchange Act of Japan
Effective from the fiscal year ended March 31, 2009, Internal Control Report System has been applied under the Financial Instruments
and Exchange Act of Japan. The Company has established a project team to enhance the system for assessment of the effectiveness of
internal controls over the financial reporting.
Our management executive assessed the effectiveness of internal control over financial reporting as of March 31, 2012 in accordance
with “On the Setting of the Standards and Practice Standards for Management Assessment and Audit concerning Internal Control Over
Financial Reporting (Council Opinions) ” published by the Business Accounting Council of Financial Services Agency, The Japanese
government. Based on that assessment, our management executive concluded that our Group’s internal control over financial reporting
was effective as of March 31, 2012.
Seimei Audit Corporation, The Company’s Independent Auditor, has audited the Internal Control Report made by our management ex-
ecutive, and expressed an unqualified opinion regarding effectiveness of the Group’s internal control over financial reporting as of March
31, 2012.