Mitsubishi 2008 Annual Report Download - page 40

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8mitsubishi motors corporation annual report 2008
Activity Report by the Business Ethics Committee
Review of the Committee’s Activities Since its Establishment
Since the committee convened its first meeting in July 2004
through to June 2008, it has held a total of 47 meetings and has
considered as many as 112 issues in total. During this period, the
members of the committee have raised frank questions and
expressed candid opinions regarding each of these issues from the
standpoint of external oversight and common sense. The general
categories of topics considered by the committee are shown below.
A variety of issues were considered based on each topic (the fig-
ures in brackets indicate the number or frequency of these issues).
1. Response to recall problems [23]
2. Recall process reform and quality improvement initiatives [15]
3. Initiatives to entrench compliance [31]
4. Other initiatives, including corporate culture reforms [38]
5. Fact-finding visits to plants and dealers [5]
Overview of Activities in Fiscal Year 2007
On May 21, 2007, the Board of Directors of MMC received a
report from the committee comprising a summary of MMC’s activ-
ities toward restoring trust in the company, as well as an evaluation
and proposals regarding these activities. The report generally gives
high marks to MMC activities in this regard. For example, looking
back on the measures that MMC had taken, the report concluded
that earnest and steady progress had been made, based on the
unwavering stance of top executives, and that the initial goals had
been accomplished. At the same time, the report also pointed out
issues and made proposals aimed at providing further support for
MMC’s revitalization, indicating the following: “the job of restor-
ing trust in MMC is still only half complete. It is still necessary to
stay fully committed to activities to restore trust.”
MMC’s initiatives in response to the report’s evaluations and
proposals are explained to the committee on a case-by-case basis,
with opportunity for the committee to respond as needed. All
departments will continue to implement specific measures in the
future based on the committee’s advice.
The committee convened 12 times during fiscal year 2007,
considering 31 issues including the company’s response to the
aforementioned report, a review of “Business Ethics of Mitsubishi
Motors Corporation,” and the fiscal year 2007 business ethics
compliance promotion program. Committee members attend
formal committee meetings, plus the Compliance Officers Meet-
ing in July and the Quality Meeting in September. During a visit
to the Okazaki district, the committee gained an appreciation of
MMC’s environmental initiatives through an explanation of elec-
tric vehicles and test drive of the
i MiEV . In addition, the commit-
tee’s views and guidance is requested on any urgent issues, which
are explained to the committee on a case-by-case basis.
The Mitsubishi Motors Business Ethics Committee was established in June 2004 as an advisory body to the Board of Directors of
MMC. At that time, the so-called recall scandal had reignited, and MMC faced a crisis concerning the company’s survival due to a
loss of consumer confidence and trust in MMC. The Business Ethics Committee was established as one of the critical steps to
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conduct monitoring, guidance and consultation from the viewpoint of external oversight and common sense with respect to MMC’s
overall activities to restore trust, especially in terms of compliance. The scope of the committee’s activity is not limited to
business ethics but also includes matters broadly related to quality problems and corporate culture.
Nobuyuki Yamamoto Kazuko Miyamoto Konoe Kawagishi Noboru Matsuda
(Chairman)
Takahiro Fujimoto Kazuo Mura
Members of the Business Ethics Committee