Risk Management/Compliance

Approach to Risk Management

The Yamaha Motor group has constructed a group-wide structure for conducting integrated and appropriate risk management, and is promoting its proper implementation to prevent the occurrence of major risks. Based on the group-wide management approach of risk management regulations and emergency response regulations, which serve as common risk management procedures across the group, we work towards preventing misconduct concerning corporate compliance, as well as avoiding risks related to disasters, accidents, etc., while promptly identifying any problems that do occur and taking prompt and appropriate action in response.
As of December 2010, risk management systems have been introduced and are in operation at 109 group companies, including Yamaha Motor.

Efforts to Raise Awareness of Compliance

The Yamaha Motor group continually implements corporate compliance related activities based on its annual plans. Aiming to build a company that is trusted by society and can serve as a model for others, the Code of Ethics is promoted in consideration of the Company Pledge and Management Principles as a guide to be followed by each and every executive and employee. We promote its practical implementation in everyday work.

Compliance Training

At Yamaha Motor and group companies in Japan, we conduct rank-specific and division-specific education and training sessions for executives and employees in order to raise awareness for the Code of Ethics and to enhance understanding about the laws and regulations related to business,.

Target category		Total participants
Ethics seminars	Officers, managers, supervisors, general employees	1,501
	Including divisional feedback meetings	382
Compliance seminars	Group training	5,606
	e-learning	18,228

During 2010, divisional feedback meetings were held for headquarter department heads, presidents of domestic subsidiaries and management representatives to discuss the results of employee awareness surveys and any immediate cases with an aim of comparing risk perceptions and linking these to the prevention of occurrences/recurrences. Some 58 small meetings were held on location, and issues were shared with department heads, etc., using a question-and-answer format.

Internal Reporting Systems (Hotlines)

Yamaha Motor has established the Compliance Hotline and the Harassment Hotline so that executives and employees can report any violations of the Code of Ethics they encounter and to enable them to ask any general questions they may have about compliance. Yamaha Motor is also making efforts for the early detection and prevention of any illegal acts or misconduct, through efforts such as establishing a Compliance Group Hotline for group companies in Japan. A culture of prevention is taking hold, as evidenced by the increase in the ratio of preliminary consultations.

Security Trade Control

Yamaha Motor pursues highly effective security trade control (STC) from the perspective of risk management based on strict compliance with the Foreign Exchange and Foreign Trade Act and other applicable laws and regulations. At the study sessions conducted by the relevant divisions, employees from business divisions and from group companies have been working hard in preparation for their certification exams and for self-development. At the 17th Security Trade Certification Exam held in June 2010, 47 employees from Yamaha Motor and eight employees from domestic group companies passed the STC Associate Exam, and four employees from Yamaha Motor passed the STC Expert Exam.