SHOWA CORPORATE GOVERNANCE (SCG)
Showa Autoparts Indonesia aims to continue to be an enterprise that is trusted and counted
on not only by its stockholders and investors but by customers and society as a whole.
Furthermore, in order to achieve sustained growth and improve corporate value, Showa
Autoparts Indonesia has incorporated corporate governance as an important part of its
company foundation, and is striving to develop, apply, and improve it.
Overview of Corporate Governance
In order to make appropriate business decisions with insight from a variety of sources, Showa
Autoparts Indonesia has established an Audit and Supervisory Committee, Nominating
Committee, and Compensation Committee, which include outside directors as members.
Also, for flexible and efficient global business expansion, Showa establishes management
policies, medium and long-term policies, and business plans, and thoroughly disseminates
them to group companies around the world. Through deliberative bodies such as the Board of
Directors, Management Meetings, Officers Meetings in all business operations, Showa shares
information, makes business decisions that take overall operations into account, and
collaborates organically as a group.
In addition, audit functions are led by the Audit Office, an organization directly controlled by
the Audit and Supervisory Committee. While collaborating with the audit departments of
subsidiary companies, this Office performs a check-and-balance function globally.
Furthermore, Showa Autoparts Indonesia is strengthening its foundation in areas such as
compliance and risk management by having officers who are directors develop a mechanism
for raising the awareness of all personnel.