Governance
Governance
Corporate governance
Basic stance
Aisin builds strong relationships with all of its stakeholders and achieves steady long-term growth and expansion to maximize our value as a company. To achieve this, we practice corporate governance based on our “Basic Stance on Corporate Governance.” Based on changes in our business or management environment and other factors, we promote ongoing effectiveness reviews and enhancements of our corporate governance.
Policy
We believe that it is important to conduct our business activities in a fair and transparent way in order to be a trusted corporate citizen in the international community. We focus on the enhancement of corporate governance by establishing the basic policy.
Vision
The AISIN Group aims to build good relationships with all stakeholders and to achieve stable long-term growth and development. To accomplish these, we work to enhance corporate governance in light of changes in our business and management environment, and strive to improve management transparency and fairness and to improve the speed and level of decision-making and business execution.
Main initiatives
- Corporate govern
- Members of the Board of Directors and Audit & Supervisory Board Members
- Board of Directors
- Audit & Supervisory Board Members
- Remuneration of Executive Management
- Executive Management
- Stock holdings
- Corporate Governance Report
Compliance
Basic stance
The AISIN Group believes that compliance is not only about following laws and regulations but also about meeting people’s expectations and earning their trust as a good corporate citizen from the perspective of Our Group Philosophy, Inspiring “movement”, creating tomorrow.
Policy
Under the AISIN Group Principles of Corporate Behavior and the Guidelines on Compliance with Social Responsibility as basic policies, we have formulated the Antitrust Compliance Policy and the Anti-Corruption Policy as policies common to the entire AISIN Group with regard to the Antitrust Laws and anti-corruption, along with guidelines which serve as a specific code of conduct.
AISIN Group Principles of Corporate Behavior
Guidelines on Compliance with Social Responsibility
Vision
We are carrying out extensive Group-wide initiatives around the world to ensure that everyone in the AISIN Group shares the same strong sense of ethics such as acting honestly, fairly, and in good faith, and that compliance is their default state of mind. Our goal is to maintain high compliance awareness and eradicate serious law violations by establishing a global Group legal and compliance system.
The AISIN Group believes that an open workplace culture where employees can freely exchange opinions is the foundation of compliance. Based on this belief, employees are encouraged to consult their supervisors or use the whistleblowing service if they sense any problem, while the real voices of employees are listened to and utilized through the compliance awareness surveys and workplace visits by the Group Head Office Legal Affairs Department. Through these initiatives, we are working to create a workplace culture where members can mutually respect and care for each other, and share their joys and concerns.
Main initiatives
- Developing an open workplace culture
- Early detection and correction of issues through whistleblowing system
- Responding to business changes
- Compliance awareness surveys
- Other initiatives regarding “Compliance”
- Aisin Global Hotline
Risk Management
Basic stance
We believe that the AISIN Group’s risk management and business activities are the two wheels of a vehicle for corporate management. As we implement various management strategies, the risk of impacting business management due to sudden changes in the external environment is increasing. We will work to understand and control such risks that may hinder our growth, as well as to strengthen our capabilities to continue our businesses.
Policy
We will live up to the expectations of our stakeholders by preventing and mitigating various risks that may have a significant impact on our activities to achieve our objectives, and if such risks occur, by minimizing the impact on business management and guaranteeing our sustainability as a company.
Vision
Sophisticated risk management
The AISIN Group apologizes for the inconvenience and concern caused by the 1997 Kariya Plant fire. Taking this opportunity, we have introduced Enterprise Risk Management (ERM) and worked on Group-wide risk management to avoid repeating the same mistake. In recent years, risks surrounding business management have become increasingly complex and diverse, such as frequently occurring natural disasters caused by climate change, parts supply issues, and geopolitical risks. Against this backdrop, we aim to “make our risk management more sophisticated, which means a state where we are ready to respond to any kind of risks.” To achieve this, we will preemptively manage risks that must be addressed as the Group by identifying signs of risks and appropriately analyzing and evaluating the significance of their impact, from the perspective of “risks to our business strategies” that may impede us from implementing these strategies and “operational risks” that may hinder smooth business operations.
Main initiatives
- Risk assessment (determining priority risks)
- Initiatives for the high priority risks
- Emergency response plans (BCP)
Information Security
Basic stance
As companies are accelerating their DX strategies, more and more things and types of information are being connected to each other, bringing new value to society. Unfortunately, threats such as cyber attacks are being carried out more skillfully each day, and there is an ever-present threat that company information, customer details, and other private information will be leaked. It is critical that these risks are managed for the sustainable growth of companies.
Policy
We have established the AISIN Group Information Security Basic Policy, under which we carry out systematic and continual information security measures.
Vision
Based on the belief that information assets related to our business activities that are entrusted to us by customers and business partners, or are held by the AISIN Group, are important assets, we will appropriately identify changing threats to corporate management activities and keep track of technological advances, and implement comprehensive countermeasures across the entire Group.
Main initiatives
- Information security initiatives
- Personal information protection measures
- Fostering security awareness