Suzuki 2014 Annual Report Download - page 21

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SUZUKI MOTOR CORPORATION 19
Management Policy
(2) Organization of The Company
Independent
Auditor
Each Divisions of The Company / Subsidiaries and affiliates of The Company
Audit Department
Corporate Ethics Committee
Consultation
Service
Board of Company
Auditors
5 Auditors
(3 Outside Auditors)
Crisis Management
Task Force
Management
Council
Corporate Planning Committee
Board of Directors
9 Directors (2 Outside Directors)
General Meeting of Shareholders
(a) Execution of Operation
(Board of Directors)
In addition to the regular meetings of the Board of Directors composed of 9 Directors including 2 Outside Company Directors
held every month, Directors hold a special board meeting whenever necessary, and discuss the matters set forth in the Articles
of Incorporation and the laws and regulations, and important managerial agenda based on the deliberation criteria, and make
decisions on a sucient discussion, including in terms of regulatory compliance and corporate ethics, and make oversight of
business execution.
In addition, all Directors, excluding Chairman & CEO and Outside Directors, also work as leaders for accomplishment of tasks
such as Executive General Manager of each division or other functional units to allow for discussion based on site information at
board meetings for making proper decisions in line with actual situations of each department.
For the purpose of enabling the agile corporate management and executing operations and clarifying the individual responsibili-
ties, The Company has introduced a Senior Managing Ocer and Managing Ocer system and reduced the number of Directors.
In order to clarify managerial accountability for individual Directors and exibly respond to the changing business environment,
the term of each Director is set to one year.
(Outside Directors)
By electing Outside Directors (2 Directors as of 148th Ordinary General Meeting of Shareholders held on June 27, 2014) who are
highly independent of The Company and have no possibility of causing conict of interest between them and shareholders, The
Company enhanced supervision to management further, and is receiving helpful advice and indication based on large stock of
experience and professional knowledge regarding execution of operation.
(Corporate Planning Committee)
At the Corporate Planning Committee which is composed of 4 Executive Vice Presidents as a council-system organization, im-
portant missions for management at each department are cross-functionally and comprehensively reviewed and basic concepts
are adjusted and established. In order to embody the said basic concepts, The Company has the Corporate Planning Oce.
(Various meeting on execution of operation)
The Company enhances eciency of management by sharing important information on execution of operation. To achieve that,
The Company takes various measures such as holding management councils to discuss the strategic decision on execution of
important management issues. Members of the council include Directors, Executive General Managers and Deputy Executive
General Managers. Furthermore, they mutually exchange information through weekly meetings to identify administrative issues
early and execute operation appropriately.