With the Executive Officer System adopted in June 2003, Sumitomo Wiring Systems seeks to accelerate decision making and enhance supervision and business execution functions. While the Board of Directors is in charge of discussing important subjects, the Board of Managing Executive Officers discusses these subjects in advance in order to enhance the subsequent debates by the Board of Directors.
In our company, three Corporate Auditors audit the business execution performance of the Directors. The Auditors attend Board of Directors meetings and other crucial meetings and also exchange information with Internal Audit Department and Accounting Auditors to reinforce the auditing function more than ever.

The SWS Group believes that it is its corporate social responsibility to honestly observe laws and regulations, and conduct business activities in an ethical and sensible manner, and that these are essential for the SWS Group to survive and develop. We therefore established the Compliance Committee in 2004 and created the Compliance Manual in 2005, increasing efforts so that all employees conduct themselves in a highly ethical manner.

To find any behavior violating laws or ethics in-house at the earliest possible time and take corrective action, we established the compliance help desk in-house in February 2005, and also established an external help desk in November 2008 where direct calls can be made to SWS’s corporate lawyer. When any information is provided, the Legal Department serving as the Compliance Committee Secretariat conducts surveys.