PT Astra Otoparts Tbk is a leading automotive parts manufacturing and distribution group of companies serving the following markets:
* Domestic Original Equipment Market (OEM),
* Domestic After Market/Replacement Market, and
* Export (Mostly Asia Oceania, Middle East, and Africa).
We continuously improve our manufacturing technology through strategic joint ventures and technical assistance agreement with component manufacturers from Japan and Europe.
Our products are used by car and motorcycle manufacturers such as Toyota, Daihatsu, Isuzu, Mitsubishi, Suzuki, Honda, Yamaha, and Kawasaki, Hino.
In addition, Astra Otoparts trading companies serve the replacement and export market with car and motorcycle components through its distribution network.
Achieving Excellence in A Challenging Environment
The Company was able to establish a firm basis for future prosperity by focusing on key marketing and manufacturing strategies, despite the challenges it faced. This has been acknowledged by the granting of awards and other forms of recognition from prestigious domestic and international institutions and bodies.
Strategies that the Company implemented in the face of these challenges included generating new products, increasing production efficiency, reducing operating costs, enhancing the knowledge of its workforce, and continuing the improvements in all business sectors. The Company continued to intensify its commitment to achieve increased efficiency and effectiveness throughout by increasing the Company's management qualities.
By implemented these policies, the Company profitability, productivity, and greater penetration of domestic and international markets can be ensured in years to come.
Founded as PT Alfa Delta Motor with businesses in trading of auto industry, assembling of machineries, and construction. PT Alfa Delta Motor was owned by William Soeryadjaja and PT Djaya Pirusa.
PT Alfa Delta Motor changed its name into PT Pacific Western.
PT Pacific Western changed its name into PT Menara Alam Tehnik and changed the owners to PT Summa Surya, PT Windu Tri Nusantara and PT Multivest.
PT Astra International Inc. took over PT Summa Surya's shares in di PT Menara Alam Tehnik.
PT Astra International Inc. took over all of the shares, and changed the name of PT Menara Alam Tehnik, into PT Menara Alam Pradipta.
Early year, PT Menara Alam Pradipta changed its name into PT Astra Pradipta Internusa. In July 1996, merged with several Astra's companies groups and changed its name into PT Federal Adiwira Serasi. PT Federal Adiwira Serasi's businesses was in manufacturing and trading in metal and plastic parts. In Dec 1996, PT Federal Adiwira Serasi changed its name into PT Astra Dian Lestari, which 97% owned by PT Astra International Tbk.
PT Astra Dian Lestari changed its name into PT Astra Otoparts.
PT Astra Otoparts publicly listed in Jakarta Stock Exchange, with transaction code : AUTO.
World class auto parts supplier, partner of choice in Indonesia.
1. To develop a strong and competitive automotive component Industry and become a strategic partner for domestic and regional industry players
2. To be a responsible corporate citizen that provides positive contributions to stakeholders.
12 AGUSTUS 2009
* IMAC Award
PT Astra Otoparts Tbk was awarded with IMAC Award 2009, The Best in Building and Managing Corporate Image under the category of Automotive Spare Parts. The awards were given to prominent corporates (best corporate image) in each industry based on the survey conducted by Frontiers Consulting, in collaboration with Business Week magazine.
* Sales Rally Award Nasional 2009
The National Sales Rally Award 2009 was held by PT Astra Otoparts Tbk to appreciate the sales force, be it the salesman or sales supervisors who successfully achieved excellent sales score and mastering the practice training material.
26 JUNE 2009
* Environment Award
PT Tri Dharma Wisesa received the 2009 Environment Award for the category of the Best Emission Implementation Company.
25 JUNE 2009
* Frost & Sulivan Award
PT Astra Otoparts Tbk received award from Frost & Sulivan, as Automotive Component Manufacturer of the Year 2009.
16 JUNE 2009
* Awards from Denso Indonesia and Denso Japan
Received by PT Menara Terus Makmur in below categories :
- The Best Supplier Performance from Denso Indonesia :
* Delivery Category
* Cost Reduction Category
- The Best Supplier Performance from Denso Indonesia.
- The Best Supplier Performance Regional “Asia – Ocenia” from Denso Japan.
9 JUNE 2009
* Awards from ABA (Abadi Barindo Autotech)
The award of 2009 Supplier Zero Defect Achievement Category received by PT AOP-Adiwira Plastik.
1 JUNE 2009
* PT NHK Gasket Indonesia changed its name to be PT Astra Nippon Gasket Indonesia.
1 MAY 2009
* GCG Award from Business Review
PT Astra Otoparts Tbk received 2009 GCG Award in Best Individual Indicator Role of Shareholder Category.
23 APRIL 2009
* Opening ceremony of New Warehouse of PT Astra Otoparts Tbk that located in
MM2100 Industrial Estate - Cibitung, Bekasi.
This new warehouse is functioning as products storage for PT AOP-Astra Niaga And PT Astra Komponen Indonesia.
* PT Astra Otoparts Tbk acquired PT DIC Astra Chemicals shares of 13.89% from 11.11% to 25.00%
* Awards in QCD (Quality, Cost, Delivery)
In March 2009, awards in QCD (Quality, Cost, Delivery)
received by AOP's subsidiaries, were:
1. Awards from Toyota (PT Toyota Motor Manufacturing Indonesia)
- Quality awards, received by PT NHK Gasket Indonesia
- Appreciation for quality target achievement, received by PT Aisin Indonesia, PT Federal Nittan Industries, PT Denso Indonesia, PT AOP-Adiwira Plastik
- Appreciation for zero defect, received by PT Nusa Keihin Indonesia, PT Toyoda Gosei Safety System Indonesia, PT Indokarlo Perkasa, PT NHK Gasket Indonesia, PT Tri Dharma Wisesa, PT GS Battery.
- Appreciation for VA contribution, received by PT Aisin Indonesia, PT AT Indonesia, PT Denso Indonesia, PT Inti Ganda Perdana, PT Kayaba Indonesia.
- Appreciaton for cost reduction target achievement, received by PT Toyoda Gosei Safety System Indonesia, PT AT Indonesia, PT Federal Nittan Industries, PT NHK Gasket Indonesia, PT Aisin Indonesia, PT Denso Indonesia, PT Gemala Kempa Daya.
2. Awards received from Hino (PT Hino Motors Manufacturing Indonesia)
- Quality & delivery awards, obtained by PT Indokarlo Perkasa
- Delivery awards, obtained by PT AOP-Nusametal, PT Federal Izumi Manufacturing, PT Inti Ganda Perdana.
3. Awards from Mitsubishi (PT Mitsubishi Krama Yudha Motors & Mfg)
- Awards for great support & contribution, obtained by PT AT Indonesia.
4. Awards from PT Inti Ganda Perdana
- Awards for great support & contribution, obtained by PT AT Indonesia.
* Battery Home Delivery Service (BHD) Launching
BHD is the newest service of Shop&Drive (Retail Division of PT Astra Otoparts Tbk) that provide 24 hours non-stop direct battery delivery service to the customers.
The practice of Good Corporate Governance is a strategic element within the Company’s overall drive to increase value for shareholders and other stakeholders, as well as to maintain a sustainable business growth.
More than just a matter of compliance with prevailing regulations, the Company views implementation of Good Corporate Governance as an integral parts of sustainable business activities that are based on the highest of ethical standards. The implementation of Good Corporate Governance involves five core principles guiding the actions of management and employees, namely the principles of transparency, accountability, responsibility, independency, and fairness and equality.
These core principles are manifested within the Company through the corporate governance infrastructure that comprises of the General Meeting of Shareholders, the Board of Commissioners and the Board of Directors, assisted by various committees and functional units.
General Meeting of Shareholders
The Company has conducted Annual General Meeting of Shareholders (AGMS) on 29 April 2008. The Decisions generated on that meeting have been reported to related authorities following the current conventions. The decision details on the Annual General Meeting of Shareholders can be accessed under Investor Info Menu at http://www.component.astra.co.id/investor.asp?id=2
Board of Commissioners
In Fiscal Year 2008, Board of Commissioners has consistently conducted its monitoring duties through routine meetings with Board of Directors.
In the middle of a very dynamic market condition in 2008, Board of Commissioners has strived to increase its effective roles in giving inputs and supervisions towards Board of Directors. Board of Commissioners has also continuously monitored and maintained the implementation of Company Management practices through Audit Committee.
Board of Commissioners constantly makes sure that every activity in the Company has been running smoothly under appropriate standards, policies as well as current applicable rules and regulations. The Company has also made necessary changes in the statutes in adjustment to the stipulations stated in Law Number 40 of 2007 on Private Company.
Board of Commissioners has also assessed that Corporate Social Responsibility programs have been done with precise focus to give real support to increase public prosperity within the scope of Company financial capability.
Board of Directors
The Company has made satisfying performance in 2008. While exploiting favorable domestic automotive market momentum of the year, the Company has recorded an increase in consolidated net sales of 27.6% or as much as Rp 5.3 trillion and net profit grew 24.4% or as much as Rp 566.0 billion for Fiscal Year 2008, above the previous highest achievement record of 2007 achievements.
For the second time in a row, the Company has being awarded as “Indonesia Most Admired Company 2008” (IMAC 2008) with Best Sustainable Corporate Image for automotive component company predicate, from Frontiers Consulting in cooperation with Business Week magazine.
Even though there are still some concerns related with effects of USA and global financial crisis towards Indonesian economic development as well as Company performance, we believe that our past strategies and action plan have led us to contented performance in the last few years and have put the Company in stronger position to face future challenges.
Management has formulated action plan based upon increasing customer satisfaction through Quality, Cost, Delivery, Safety and Moral (QCDSM) aspects, new components development that has been adjusted to meet the developments in Original Equipment Manufacturer (OEM) market, component manufacturing productivity optimizing to meet increasing demand, increasing export destinations, strengthening the capability of distribution network and specifically preparing human resources to support those programs.
At the same time, the Company will enter the next development phase to be a global player and utilizing the chance of Indonesia to become “production base” for automotive component industry. Preparing itself to respond towards future better economic conditions, increase technology capability and increase competitiveness in global market, will certainly lead the Company to grow its business by changing the challenges to become opportunities.
Conflict of Interest Transaction
In order to prevent conflict of interest, all of Commissioners and Directors periodically have to fill in and sign a Specific List (managed by Corporate Secretary) that show any shares of ownership in the Company or other companies (if any) and any business relationship under his name or families with the Company.
Audit Committee has been formed to help monitoring function of Board of Commissioners, and run its activities based upon Audit Committee Guidance. In 2008, Audit Committee has conducted 7 meetings with the Management as well as External Audit Party to discuss Corporate Performance issues. Details on Audit Committee activities can be accessed at http://www.component.astra.co.id/investor.asp?id=2
Internal Audit Department
Internal Audit Department runs internal control function to ensure effectiveness and mainstay of company internal monitoring mechanism as well as to give recommendations to increase risk management quality and internal control. Internal Audit Department has direct responsibility to Board of Directors as well as to give reports to Audit Committee on findings, recommendations as well as the implementation steps.
Audit findings as well as recommendations if necessary should be reported to Board of Directors periodically.The Department also identified anything should be improved and to ensure that the recommendations given have been implemented.
Risk management plays a vital role in the dynamic and continuously changing business environment. In turn, this requires a systematic framework in which to identify, assess, evaluate, and then to manage and mitigate possible impacts from a variety of risk factors, including strategic and operational risks that exist in the Company’s business activities.
The Control Self Assessment (CSA) method is widely used as a tool to systematically evaluate and determine the risk profile of the Company by mapping out and prioritizing identified risk factors based on a worst-case scenario, and then evaluating the possible impact on shareholder’s value.
The Company also strives to enhance its risk management capabilities by facilitating certain activities such as the whistleblower program, as well as through the development of a Business Continuity Plan (BCP). The whistleblower program represents an alternative information conduit for employees who are expected to help improve the quality of corporate governance practice within the Company. In 2008, a formal policy on whistleblower was formulated and socialized at the Holding and Corporate level.
The Business Continuity Plan has been developed to ensure continuity of operations in the event of a disaster or unexpected development, thus minimizing losses arising from such a disaster. In 2008, the Company has published a BCP manual that has been socialized at the holding level. BCP simulation has been conducted on 14-15 February 2009.
WORK AND BUSINESS ETHICS
The Company has a firm commitment towards ensure the implementation of proper work and business ethics in all of its operational activities. This commitment mean that the Management and employees uphold the highest standards of business ethics in their relationships with business partners, customers, and the public. Likewise, employee attitude and behavior in all internal company interactions shall be guided by established work ethics.
The Company continues to consistently socialize the conduct of proper work and business ethics among the Management and employees, including through the inclusion of these principles in the work orientation program for new recruits. Ultimately, these principles are expected to function as guidelines for employees in their daily interactions at the work place, with respect to the relations between employee and superior, among colleagues at work, and the relations between employee and the customers as well as the public in general.
Indonesian citizen, born in 1960. President Commissioner of PT Astra Otoparts Tbk since 2008. Concurrently also serves as Director of PT Astra International Tbk since 2001 and responsible for Automotive business (Daihatsu, Isuzu, Nissan Diesel, Peugeot and BMW), Astra Honda Group and Astra Otoparts Group. He is the President Commissioner of PT United Tractors Tbk, the President Commissioner of PT Astra Honda Motor and a Commissioner of PT Astra Otoparts Tbk in 2003-2007, as well as Vice Chairman of GAIKINDO (Association of Indonesian Automotive Industries). Joined Astra since 1990. Previously, Sales Engineering Manager at Daimler-Benz Indonesia. He graduated in automotive engineering from the University of A.Sc.Konstanz, Germany in 1984 and in business administration from the University of A.Sc. Bochum, Germany in 1986.
Johnny Darmawan Danusasmita
Indonesian citizen, born in 1952, Vice President Commissioner of PT Astra Otoparts Tbk since 2008. Concurrently also serves as Director of PT Astra International Tbk since 2005 and responsible for Automotive business (Toyota) and Commissioner of PT Serasi Autoraya since April 2008, President Director of PT Toyota Astra Motor since 2002 and Vice President Director of PT Toyota Motor Manufacturing Indonesia. Previously, Commissioner of PT Astra Otoparts Tbk from 2005 until 2006. His Career in Astra Group since 1982. Graduated with degree in Accountancy from University Trisakti.
Simon John Mawson
British citizen, born in 1959, Commissioner of PT Astra Otoparts Tbk since 2007. Concurrently also serves as Group Treasurer of Jardine Matheson, Hong Kong, and Director of PT Astra International Tbk responsible for Corporate Finance, Information Technology and Risk Management. Previously pursued a career with PriceWaterhouse at Leeds, London and Hong Kong. Associate Member of the institute of Chartered Accountants in England and Wales. Studied Modern History at Magdalen College, Oxford and obtained a Master of Arts degree from Oxford University, UK.
Chiew Sin Cheok
Malaysian citizen, born in 1961. Independent Commissioner of PT Astra Otoparts Tbk since 2007. He has been the Group Finance Director of Jardine Cycle & Carriage since November 2006, prior to which has held various finance positions in the Jardine Matheson Group which he joined in 1993. Concurrently also serves as Commissioner of PT Astra International Tbk, Vice President Commissioner of PT Astra Agro Lestari Tbk, Director of Cycle & Carriage Bintang, and member of the Audit Committee of PT Tunas Ridean Tbk. Member of the Institute of Chartered Accountants in England and Wales. Obtained a Bachelor degree in Economics from London School of Economics and a Master Bachelor of Science degree in Economics from Imperial College, London, UK.
Eduardus Paulus Supit
Indonesian citizen, born in 1955. President Director of PT Astra Otoparts Tbk since 2007. Previously served as President Director of PT Asuransi Astra Buana (1999-2007). Managing Director of PT Astra Nissan Diesel Indonesia (1997-1999). Chief Executive PT Astra International Tbk – Overseas Operation (1997-1999), Managing Director of Astra Credit Companies (1993-1997), and Managing Director of Astra Card (1991-1993). Director of Astra Credit Companies (1988-1991). Graduated with a degree in Civil Engineering from Institut Teknologi Bandung.
Indonesian citizen, born in 1954. Vice President Director of PT. Astra Otoparts Tbk since 2001. Director of PT Astra Otoparts Tbk since 1999. Concurrently also President Director of PT. GS Battery since 1995 and President Director PT Century Batteries Indonesia since 1996. Previously served as Director of PT Denso Indonesia (1992-1995), Vice President Director of PT Denso Indonesia (2006-2007) and Vice President Director of PT Tri Dharma Wisesa (2006-2007). Graduated with a degree in Mechanical Engineering from Institut Teknologi Bandung.
Muhammad Chatib Basri
Indonesian citizen, born in 1965. Independent Commissioner of PT Astra Otoparts Tbk since 2005. Concurrently also serves as Independent Commissioner of PT Astra International Tbk. Previously have worked for the World Bank Aus Aid, United Nation Conference on Trade and Development, member of the Pacific Economic Outlook Forecasting Panel, and Associate Director of Research at the Institute for Economic and Social Research Universitas Indonesia (LPEM UI). Currently, in addition of being a lecturer of the Faculty of Economics, Universitas Indonesia (FEUI), also serves as Director at LPEM-FEUI. Obtained a Master of Economics Development degree and a PhD in Economics, both from the Australian National University.
Indonesian citizen, born in 1946. Independent Commissioner of PT Astra Otoparts Tbk since 2007. Concurrently also serves as Commissioner of PT Astra Nissan Diesel Indonesia and PT Fuji Technica Indonesia, Chairman of GAIKINDO (Association of Indonesia Automotive Industries) and Chairman of FOI (Indonesian Automotive Federation). Pursued a career within the Astra Group since 1973, including serving as President Director of PT Astra Nissan Diesel Indonesia (2000-2006) and as Director at various Astra automotive companies between 1980 and 2000. At ASEAN (Association of Southeast Asian Nations) serves as President of AAF (ASEAN Automotive Federation) from 2006-2008. Graduated with a degree in Mechanical Engineering from Institut Teknologi Bandung, Bandung.
Patrick Morris Alexander
Australian citizen, born in 1953. Independent Commissioner of PT Astra Otoparts Tbk since 2007. Concurrently also serves as Director of Sound Oil Plc., Director of Archipelago Resources Plc., Independent Commissioner and Chairman of Audit Committee of PT Astra International Tbk (2002-2008), Independent Commissioner and Chairman of Audit Committee of PT Astra Agro Lestari Tbk (2003-2007). In addition, also serves as Managing Partner of Batavia Investment Management, and partner of PT Ithabi Bara Utama. Graduated from the Faculty of Law, University of Western Australia.
Indonesian citizen, born in 1954. President Director of PT Astra Otoparts Tbk since May 2009. Previously served as Executive Vice President of PT Astra Honda Motor (2007 - April 2009), Production, Engineering & Procurement Director of PT Astra Honda Motor (2001 - 2007), Manufacturing Director of PT Federal Motor (1997 - 2000), Deputy Operations Director of PT Federal Motor (1994 - 1996), Engineering General Manager of PT Federal Motor (1990 - 1993), Plant General Manager of PT Federal Motor (1987 - 1989), Production Manager of PT Federal Motor (1984 –1986), Assistant Production Manager of PT Federal Motor (1981 - 1983), Engineering Staff of PT Federal Motor (1978 - 1980), Head of Society of Astra Manufacturing Engineering (2005 - now), Vice President of Indonesian Motorcycle Industry Association (2008 - now). Graduated from Master of Business Administration Program of University of Southern California, USA, in 1990, and Mechanical Engineering Degree from Surabaya Institute of Technology in 1978.
Gustav A. Husein
Indonesian citizen, born in 1955. Director of PT Astra Otoparts Tbk since 2005. Concurrently also serves as President Director of PT Dirgamenara Nusadwipa since 2005, Vice President Director of PT Tri Dharma Wisesa since 2007, Director of PT Kayaba Indonesia since 2005, Director of PT DIC Astra Chemical since 2005, and Chief Operation Officer PT Astra Otoparts Tbk – Winteq Division since 2006. Previously served as President Director of PT Federal Izumi Manufacturing (2002-2007), and Vice President Director of PT Federal Nittan Industries (2001-2007). Graduated from Institut Teknologi Bandung.
Djangkep Budhi Santoso
Indonesian citizen, born in 1960. Director of PT. Astra Otoparts Tbk since 2007, concurrently also serves as President Director of PT Nusa Keihin Indonesia, PT NHK Gasket Indonesia, PT Federal Izumi Manufacturing Vice President Director of PT Federal Nittan Industries, Director of PT Kayaba Indonesia. Previously served as Vice President Director of PT FSCM Manufacturing Indonesia (2000-2003), Director of PT Aisin Indonesia (1993-2000). President Director of PT Menara Terus Makmur (2000-2003). Graduated with a degree Electrical Engineering from University Trisakti, and a Magister degree in Marketing Management from STIE Gunung Sewu.