Honda Motor mentioned Monday that it had accepted the resignation of Government Vice President Shinji Aoyama — which adopted an allegation of inappropriate conduct throughout a social gathering exterior of labor hours.
Honda didn’t elaborate on Aoyama’s conduct in query, however mentioned CEO Toshihiro Mibe will take a 20% wage minimize for 2 months “in light of the seriousness” of the matter.
After an audit committee led an investigation into the allegation, compiled a disciplinary motion plan and sought opinions from exterior consultants, Honda’s board was scheduled to decide on the disciplinary motion.
However Aoyama submitted his resignation on Monday, and the board has decided it’s acceptable for Aoyama to resign from his publish, the corporate mentioned in a press release.
Reuters couldn’t attain Aoyama for remark.
“It is deeply regrettable that an individual positioned as a leader in the management of the company, and who is expected to set an example for the respect of human rights and compliance with relevant laws and regulations, has become the subject of an allegation of conduct contrary to these principles,” Honda mentioned in a press release.
Aoyama joined Honda in 1986 and has held a number of senior positions in recent times as certainly one of CEO Mibe’s high lieutenants, together with as Chief Working Officer and head of the car operations.

Honda, Japan’s second-largest automaker after Toyota Motor, mentioned it should announce the brand new administration construction in response to this matter within the close to future.