Compliance Systems

Having established a compliance program, we are working to thoroughly educate all officers and employees about this in order to clarify its basic approach toward corporate ethics and observance of laws and regulations. We established a Compliance Committee, which is directly under the president, to build and maintain the compliance system while three expert committees, subordinate organizations of the Compliance Committee, address technical issues. To further reinforce the compliance system, we have built a system to request legal opinions when necessary by inviting attorneys to serve as outside members of the Compliance Committee and expert committees. The Internal Auditing Department, which is independent of operating divisions and directly under the president, was established as the internal audit department and audits operations and prepares audit reports based on Business Audit Rules. We have also created a system to address violations of laws and ordinances and other compliance violations by operating a whistleblower system that consists of the Compliance Committee’s advising desk and an independent attorney as a reporting desk based on whistleblower regulations that stipulate such items as guaranteeing the anonymity of whistleblowers if desired and not subjecting whistleblowers to disadvantageous treatment. The Group has no connections to anti-social forces and entities that threaten the order and safety of civil society and refuses all unreasonable demands

We have established and implement a compliance program by systematically creating Conduct Guidelines and Rules of Conduct that are based on the Group Mission Statement and reflect the Company’s ethos that has developed since its establishment. Group officers and employees thoroughly comply with laws and ordinances and act according to corporate ethics in line with this Compliance Program. It is understood that in order to continue to develop business and enhance corporate value, the most important factor is that each person be honest and possess the confidence and responsibility of a professional, accept the individuality of others and diversity, and make all efforts to achieve targets, and put this into practice.

In fiscal 2023, we provided officers, managers, and others with compliance training on the topics of greater human rights awareness and harassment and insider trading regulations, which was conducted by Chuo Sogo LPC (Legal Professional Corporation) and attended by more than 100.