Yuasa Amends Internal Control System Policy

TOKYO, Jul 21 (Pulse News Wire) – Yuasa CO.,LTD. (8074.T) announced on July 21 that it had amended parts of its internal control system policy during a board meeting held on the same day.

Key changes include enhancing oversight mechanisms, establishing ethics committees chaired by the CEO, and ensuring hotlines for reporting violations without fear of retaliation. Additionally, the company emphasized compliance with export regulations and disaster management strategies through its Business Continuity Plan (BCP). The amendments also focus on improving efficiency in operations and decision-making processes.

This includes setting up regular meetings such as the Executive Council and Marketing Strategy Conference to facilitate strategic discussions and performance reporting. Furthermore, the company plans to implement IT-driven management systems to ensure timely data reporting to the board monthly. In addition to these measures, YUASA highlighted the importance of fostering ethical behavior across its group companies by deploying key personnel from headquarters to monitor activities and providing support through various internal committees.

The company also committed to maintaining robust communication channels with auditors to ensure effective monitoring and auditing functions.