Corporate Gorvernance

Policy & System

Ethical Code

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Risk Management

Operational Risk

Most of the risk factors that fall into the category of operational risk originate mostly internally: disruption of work processes, malfunctions, administrative errors, disruption of production machines, violations of compliance, and lawsuits.

Mitigation:

  • Availability of policies, SOPs, and completeness of other internal rules for all business processes in the Company.
  • Availability of reliable human resources and information technology
  • Compliance with all Rules and Regulations related to the Company’s business.

Strategic Risk

Most of the risk factors that fall into the category of strategic riskt originate externally: competitors’ movements and strategies, new regulations, political changes, social and lifestyle changes, and new technology.

Mitigation:

  • Establish a company work plan
  • Create policies to implement the strategies that have been determined
  • Monitor achievement of targets set within the work plan periodically
  • Re-evaluate the interim results achieved, along with the factors that cause the company’s targets not to be achieved, followed by mitigating the risk factors that cause failure.
  • Make improvements to the original work plan to achieve predetermined targets.

Compliance Risk

Most of the risk factors that fall into the category of economic risk originate from external sources, including fluctuations in commodity prices, interest rates, exchange rates, and changes in demand/supply

Mitigation:

  • Forecast the movement of exchange rates.
  • Measure the performance of the company against the risk of loss caused by currency fluctuations.
  • Devise strategies to hedge exchange rate risks.

Anti-Corruption and Anti-Bribery Policy

Policy on Creditor Rights Fulfillment

Policy on Selection and Competence Improvement of Supplier and Vendor

Good Corporate Governance Policy

Code of Ethics and Conduct

Risk Management Policy

Whistle Blowing System Policy

Policy on Corporate Relations between Parent Companies and Subsidiary Companies

Stakeholder Relations Policy

Integrated Management System Policy

Insider Trading Policy

Document and Archives Management System Policy

Shareholder or Investor Communication Policy