Corporate Governance

Basic concept: Fair and highly dependable management

Daihatsu has established the Daihatsu Group Philosophy, the Daihatsu Group's Basic CSR Principles and the Daihatsu Group Action Guidelines. Together, they serve as the framework that guides Daihatsu as it strives to fulfill its mission of "manufacturing compact cars that appeal to consumers all over the world," while at the same time transforming itself into a truly global group. Driven by the philosophy, principles, and guidelines, Daihatsu works as a corporate group to share its management direction and values to meet the expectations of all stakeholders, including customers.

Corporate governance

Daihatsu maintains a corporate auditor system. Daihatsu has nine directors, of which one is an independent outside director. In addition, Daihatsu has three corporate auditors, one of which is a full-time corporate auditor and the remaining two are outside corporate auditors. (Numbers are as of June 8, 2017.)
The Board of Directors (which in principle meets once a month) makes important business decisions and supervises the directors in the execution of their duties.
There is also a vice president's meeting (which in principle meets once a week), which is attended by the directors and full-time corporate auditors. During the meeting, the participants discuss and report on important management matters. Daihatsu has also introduced an executive officer system and functional business groups system to improve business decision-making speed, enhance corporate governance, and strengthen the management structure. This clarifies accountability and promotes thoroughness by having each functional business group ensure that each project is performed to completion. Daihatsu is also working toward a more strategic use of human resources by binding its organization together.

The Daihatsu Group sets rules for Daihatsu, the parent company and subsidiaries to report to and consult with each other in advance to further improve management and efficiency of the group as a whole.

Internal control system

Daihatsu has established an internal control organization based on the Basic Policies Concerning Internal Control. The Internal Control Committee works to improve corporate value, ensure the reliability of financial reports, ensure compliance with laws and regulations, and improve security of classified information. The committee is chaired by a director appointed by the president and its members consist of chief officers of groups.

Daihatsu Group Action Guidelines

Upon establishing the Daihatsu Group Philosophy in March 2007, Daihatsu also published the Daihatsu Group Action Guidelines to help guide the actions of Daihatsu and Daihatsu Group employees. This set of guidelines provides an overview of appropriate conduct as a corporation, as well as the basic attitude and employee conduct policies concerning relationships with society and suppliers. The Daihatsu Group Action Guidelines are available in two versions, one for officers and the other for employees, and provides action guidelines corresponding to their expected roles.