Corporate Ethics and Compliance
The Tsubaki Group believes that, to practice its corporate philosophy “the Tsubaki Spirit”, all executives and employees should conduct themselves in compliance with laws and regulations, ethics and company rules. To that end, the Company sets forth its code of conduct “the Corporate Work Ethics” and makes everyone aware of such through training and activities to enhance the corporate ethics awareness. The results of these activities are periodically reported to the Board of Directors.
The Company promotes compliance through its “Corporate Ethics Awareness Month” program and other training.
Corporate Ethics Awareness Month
The Company designates February of each year as Corporate Ethics Awareness Month, and every Group company, both in Japan and overseas, participates in the program (51 companies in FYE March 31, 2020). Under the Corporate Work Ethics, as well as the laws and regulations and customs of each country, the program is carried out to drive home compliance with laws and regulations for everyone. We are carrying out activities aimed at strict compliance with laws and rules. In the program, participants reads through the Tsubaki Corporate Ethics Handbook (shown below), together, to deepen their understanding of the laws and regulations, hold workplace meetings to discuss various ethics related issues to enhance awareness and so on.
Number of Companies Participated in Corporate Ethics Awareness Month
The Company has set forth the Tsubaki Corporate Ethics Handbook which is now available in six languages. The Company holds systematic ethics training throughout the year. The Company keeps these trainings up-to-date by incorporating new issues which were identified, if any, in the Corporate Ethics Awareness Month.
Number of Participants in Compliance Training (Japan)
The Ethics Committee promotes compliance through activities such as reviewing measures to prevent breaches of the Corporate Work Ethics from recurring and deciding on actions against those who breached said measures.
Establishment of Whistleblower System and Consultation
The Tsubaki Group (Japan) has a whistleblower system under the Corporate Ethics Helpline Rules. The ethics helpline provides two facets, a dedicated section within the Company and an outside legal counsel retained by the Company. Both of these accept anonymous reporting.
The ethics helpline addresses not only matters regarding breaches of laws and regulations and/or company rules but also concerns or worries of a personal nature if being asked for.