(1) No clear written delegation of authority being used by the Company (Priority: High)
(C) The Delegation of Authority matrix should be reviewed and updated at least once a year and must be approved by the Board. Approved matrix is to be distributed to key personnel for proper implementation.
(D) Furthermore, it is also recommended to consider the delegation of authority from a region-wide / group-wide perspective. (i.e. the delegation of authority from the parent (Yazaki Corporation) / the allocation of authority in Yazaki group in Thailand and / or in Asia Pacific region, etc.)
High (Reason: issue directly related to the governance and organization