Corporate Governance

Fundamental Approach

Daihatsu is actively conducting its business activities to realize its mission of “Staying close to our customers and enriching their lives.” We have also established a system that enables transparent, fair, timely, and appropriate decision-making regarding the promotion of our business.

Corporate Governance System

Internal Control Organizational Chart

Internal Controls

Based on the “Daihatsu Basic Policies on Establishing Internal Controls,” we have established a system to ensure the appropriateness of business operations as a business group and are operating this system appropriately. Within this system, we have established the GRC Committee, which is chaired by a director appointed by the president. The GRC Committee aims to establish an internal control system for the business group, ensure strict compliance with laws and regulations, risk management, and the reliability of financial reporting, and improve corporate value.

Board of Directors

Daihatsu’s Board of Directors is chaired by the president and consists of seven members in total, including the executive vice president, non-resident directors, full-time Audit & Supervisory Board members, and non-resident Audit & Supervisory Board members. The Board of Directors meets once a month in principle to make decisions on corporate management and to reflect advice received from a third-party perspective, including non-resident directors and non-resident Audit & Supervisory Board members, in management.

Conflicts of Interest

When Daihatsu conducts a transaction with an operating officer, it complies with the procedures stipulated in the Companies Act and also approves and reports the transaction at Board of Directors meetings in accordance with the Board of Directors and other rules. Transactions with the parent company are determined through negotiations with due consideration of market prices and other factors, in the same ways as general transaction terms. In addition, highly important transactions shall be approved at Board of Directors meetings in accordance with the Board of Directors and other rules.