— The Business Ethics Committee is an advisory body for the Mitsubishi Motors board of directors. In addition to submitting reports directly to the board of directors and making proposals, the committee will provide guidance and advice to the Corporate Social Responsibility Promotion Office on quality audits and reforms to corporate culture and business ethics.
The current stance of the public towards Mitsubishi Motors is extremely severe and the company will not be able to restore trust overnight.
As the chairman of this committee, I believe Mitsubishi Motors is earnest in its efforts to reform its business ethics and corporate culture while also improve the quality of its products and I intend to everything I can to help the company restore trust. To ensure the reforms at Mitsubishi Motors continue moving forward, I will be upfront with the management, offering my opinion from outside point of view based on what is socially acceptable. I will also hold nothing back when advising Mitsubishi Motors on its initiatives to dramatically strengthen auditing of quality and governance issues in line with its newly outlined philosophy of placing top priority on legal compliance, safety, and customers.
The most pressing issue at hand for the committee is to make use of its external standpoint in terms of governance to help Mitsubishi Motors restore lost trust as soon as possible. To do this, it is essential that the company put an end to the recall issue once and for all. Mitsubishi Motors also needs to push its efforts for legal compliance through all levels of the company. The Business Ethics Committee will receive reports on the company's progress in this area and make proposals where necessary.
With developments such as the company receiving approval under Japan's Industrial Revitalization Law, Mitsubishi Motors' revitalization is gradually moving forward. I look forward to seeing Mitsubishi Motors seize this opportunity and see the entire company pull together to realize a self-supported revitalization.
Noboru Matsuda
Business Ethics Committee Chairman
