Professional Documents
Culture Documents
Shruti Dugade 27
Rashmi Gawand 29
Harshal Jadhav 35
Priyanka Jagtap 37
Pramod Appu 121
Ravikiran Sapkale 137
Sanket Shete 149
Ganesh Dumolia 180
What is Corporate
Governance?
The Manner in which a Corporation is Run
Achieving its Objectives
Transparency of its Operations
Accountability & Reporting
Good Corporate Citizenship
The Processes & Operating Relationships that Best Achieve
Organizational Goals.
OVERVIEW
About India Yamaha Motor Pvt. Ltd.
Yamaha made its initial foray into India in 1985. Subsequently, it entered into a 50:50
joint-venture with the Escorts Group in 1996. However, in August 2001, Yamaha
acquired its remaining stake becoming a 100% subsidiary of Yamaha Motor Co., Ltd,
Japan (YMC). In 2008, Mitsui & Co., Ltd. entered into an agreement with YMC to
become a joint investor in the motorcycle manufacturing company "India Yamaha
Motor Private Limited (IYM)".
IYM operates from its state-of-the-art-manufacturing units at Surajpur in Uttar Pradesh
and Faridabad in Haryana and produces motorcycles both for domestic and export
markets. With a strong workforce of more than 2,000 employees, IYM is highly
customer-driven and has a countrywide network of over 400 dealers. Presently, its
product portfolio includes VMAX (1,679cc), MT01 (1,670cc), YZF-R1 (998cc), Fazer
(153cc), FZ-S (153cc), FZ16 (153cc), YZF-R15 (150cc), Gladiator Type SS & RS (125cc),
Gladiator Graffiti (125cc), G5 (106cc), Alba (106cc) and Crux (106cc).
Basic Corporate Governance
Policies
Yamaha Motor Co., Ltd. (the “Company”) recognizes that
corporate governance is an important tool to ensure disciplined
management and maximize long-term corporate value. Based
on this realization, the Company has been striving to speed up
management decision-making; make the accountability system
clearer; develop a transparent system of director selection and
remuneration; and establish an internal control system. Because
the Company considers corporate governance one of its most
important management issues, measures to further strengthen
corporate governance — such as improving supervisory
functions — are being planned. At the same time, the Company
will enhance Investor Relations services, in order to build on
the relationship of trust with its shareholders and investors.
Organizations and Systems for Management
Decision-Making, Business Execution and
Supervision
Directors and the Board of Directors
Internal Auditing
Corporate Social Responsibility
Supporting Young Music Students