is part of Shimano Inc.
A world-renowned Japanese manufacturer specializing in cycling components, fishing tackle, and rowing equipment. As one of Shimano’s largest manufacturing facilities in Southeast Asia, Shimano Batam plays a critical role in serving global markets.
With large-scale operations and diverse business functions, ensuring strong compliance and transparent financial reporting in Indonesia was a strategic necessity.
Challenge
Shimano Batam needed an independent and trusted audit partner to navigate the complexities of Indonesian PSAK standards, local tax regulations, and the reporting requirements of a global parent company. The challenge lay in maintaining consistency, accuracy, and transparency across all reporting levels—while also supporting effective corporate governance in line with international best practices.
AuditTrust Indonesia was engaged as the independent auditor for Shimano Batam. Our engagement focused on strengthening both compliance and efficiency:
- Conducted a comprehensive audit of financial statements in accordance with PSAK and Indonesian regulatory frameworks.
- Evaluated internal control systems to identify potential risks and improve reporting reliability.
- Provided strategic recommendations to enhance corporate governance and ensure seamless alignment with Shimano’s global reporting standards.
Through our partnership, Shimano Batam achieved:
- Full compliance with PSAK and Indonesian financial reporting requirements.
- Enhanced internal control mechanisms, reducing risks and ensuring process integrity.
- Improved transparency and accountability across reporting functions.
- Increased stakeholder confidence, supporting Shimano’s reputation as a global leader in quality and compliance.
By working with AuditTrust Indonesia, Shimano Batam reinforced its commitment to financial transparency, accountability, and regulatory excellence—strengthening its position as a world-class manufacturing hub in Indonesia.
LAI Verification:
Location:
Indonesia
Project Area:
Advisory, Audit and Taxation
Year:
2025