Section 172 Statement
March 29, 2021
Yazaki Europe Limited
It is the first time that the Directors of Yazaki Europe Limited report on the matters that are outlined in section 172(1) (A) to (F) of the Companies Act 2006.
Each of the Directors of Yazaki Europe Limited acted in a way they considered, in good faith, would be most likely to promote the success of the Company for the benefit of its members as a whole, and in doing so have had regard to the matters as set out in S172 Statement:
- In performing their duties, the Directors of Yazaki Europe Limited have had regard to broader stakeholder interests.
- The Board of Directors fostered and maintained an open and transparent dialogue with key stakeholders.
- In light of the above the Directors are guided by the Yazaki Corporation Corporate Policy as well as the Fundamental Management Policy which are the building blocks of Yazaki globally.
This holistic approach on stakeholder engagement and their effect on long-term decision-making is outlined in the Section 172 Statement.
