Daihatsu Motor Co., Ltd. (DMC)
announced that it plans to introduce a new management system
that features a streamlined board of directors, the new
position of officer, and a new organizational structure. The
new management system has been established to respond to
enhanced globalization of the company’s operations, to
strengthen corporate governance, and to improve the overall
management culture. Highlights of the new management system
are as listed below.
Highlights of new management system
1. Streamlined board of directors
Objective: To rejuvenate the board of directors and speed up the
managerial decision-making process.
Highlights: The number of directors will be reduced from current 26
to 9. Executive vice presidents and the directors below the rank of
executive vice president will serve concurrently as officers.
2. New position of officer
(Non-board executive officers) Objective - To strengthen and accelerate operational functions.
Highlights - Each officer will be appointed for a one-year term.
Officers will be appointed as heads of strategic organizations and
senior executives of major subsidiaries.
3. Introduction of functional
business groups Objective - Achieve clearer delineation of responsibilities and
realize organizations to accomplish missions by conducting
operations on an individual business group basis. - Utilize
personnel strategically through the broader organizational
structure.
Highlights - Business groups will be organized by function and
headed by executive vice presidents and the directors below the rank
of executive vice president.
The new board of directors and
officers will be officially appointed pending approval at this
year's ordinary general shareholders' meeting and at the board of
directors meeting following the ordinary general shareholders'
meeting on June 29.
Planned executive changes associated
with the introduction of the new management system are as described
below.
Planned executive changes - To be
officially implemented on June 29, 2006
1. New director Tetsuya Honda
(Currently Advisor of DMC and President of Akashi Kikai Seisakusho,
will be appointed as Managing Director of DMC)
2. New corporate auditors Kosuke
Ikebuchi (Currently Senior Advisor to the Board / Senior
Technical Executive of Toyota Motor Corporation) Hideaki Otaka
(Currently Senior Advisor to the Board of Toyota Motor Corporation)
3. Retiring directors
Nobuo Fujieda (Currently Managing
Director, will be appointed as Advisor of DMC)
Koichi Fujikawa (Currently
Managing Director, will be appointed as Advisor of DMC)
Kazuki Uoi (Currently Managing
Director, will be appointed as Advisor of DMC)
Hiroshi Ogawara (Currently
Director, will be appointed as Advisor of DMC)
Jitsuro Ito (Currently Director,
will be appointed as Advisor of DMC)
Masanori Mitsui (Currently
Director, will be appointed as Advisor of DMC)
Katsuyuki Morishita (Currently
Director, will be appointed as Executive Officer of DMC)
Yukio Koshida (Currently Director,
will be appointed as Executive Officer of DMC)
Hiroshige Nagoya (Currently
Director, will be appointed as Executive Officer of DMC)
Hiroaki Iwabe (Currently Director,
will be appointed as Executive Officer of DMC)
Hideki Nomura (Currently Director,
will be appointed as Executive Officer of DMC)
Kenji Baba (Currently Director,
will be appointed as Executive Officer of DMC)
Takanori Matsuo (Currently
Director, will be appointed as Executive Officer of DMC)
Jun Nagata (Currently Director,
will be appointed as Executive Officer of DMC)
Kunihiko Morita (Currently
Director, will be appointed as Executive Officer of DMC)
Tadafumi Aisaka (Currently
Director, will be appointed as Executive Officer of DMC)
Masahiro Takahashi (Currently
Director, will be appointed as Executive Officer of DMC)
Toshiharu Imanishi (Currently
Director, will be appointed as Executive Officer of DMC)
4. Retiring corporate auditors
Mitsuo Kinoshita
Yosuke Uchida
5. Promoted director
Shin Kimura
6. New executive officers
Eiji
Nakajima (Currently Senior General Manager and Global Strategic
Production Planning Div.of Toyota Motor Corporation)
Sachio
Yamazaki (Currently Project Manager of Asia Div.)
Naoto
Kitagawa (Currently Deputy General Manager of Product Planning
Div.)
Masayuki Yamaguchi (Currently General Manager of China Div.)
Masafumi Tamai (Currently General Manager of General
Administration & Personnel Div.)
Katsuhiro Ikoma (Currently General Manager of Quality Assurance
Div.)
Jun
Matsubayashi (Currently Executive Chief Engineer of Product
Planning Div.)
Yasunori Nakawaki (Currently Project Manager of Drive Train
Engineering Div.)
Hitoshi Horii (Currently Deputy General Manager of Domestic
Sales Div.)
Masahiro Fukutsuka (Currently Executive Chief Engineer of
Product Planning Div.)
