Governance

corporate governance

Compliance

Approach to compliance

For many years, the NAGASE Group's Management Philosophy has upheld the ideal of maintaining the highest integrity as a member of society, and we hold dear the observation of laws, regulations, and rules.

In recent years, with the ever-accelerating changes in the external environment, restrictions by law have become more complex, diverse, and strict in the borderless world. There have been particularly stringent demands for compliance with the prohibition of bribery and the rules on fair competition. In addition, society's demands and expectations of corporations continue to change, and demands for corporate social responsibility are becoming stronger and stronger. In light of these trends, we adhere to the NAGASE Group's Basic Compliance Policy and ensure our compliance with the changing times.

Respecting compliance in every action that we take as a company, and being an organization that can detect issues early and take corrective action, implementing measures for improvement and rectifying these issues swiftly and decisively will allow us to gain credibility and trust with our business partners and stakeholders. Credibility and trust are treasured assets for the Group, and we intend to continue to grow these assets in our day-to-day business activities.

Nagase Group Basic Compliance Policy

Based on our management policy that “We recognize our responsibility to society and offer beneficial products and services while maintaining the highest standards of integrity. Through our growth, we will contribute to society and enrich the lives of our employees.”, We hereby establish and execute the Basic Compliance Policy as follows.

This policy defines the behavior standards that NAGASE Group and its officers and employees will observe as they carry out their work.

We require our officers and employees to comply with these standards and team them to others by example—particularly to co-workers. Any danger of non-compliance must be addressed without delay, and officers or employees should identify the root cause of the issue, taking steps to prevent any recurrence.

  • Comply with applicable laws and regulations; conform to internal rules

    Conduct business fairly and in good faith, in keeping with laws, company rules and social norms.

    Conduct work in keeping with internationally accepted norms to ensure our growth as a global enterprise.

    Comply strictly with domestic and foreign laws including laws regarding bribery and competition laws.

  • Eliminate anti-social elements

    We firmly reject any anti-social elements that threaten the public order and safety.

  • Provide useful products and services

    Contribute to society through useful goods and services.

  • Respect employee personality and individuality

    We foster a corporate culture in which employees can contribute with their independence and creativity.

    We will protect employee health, respect their basic rights, and treat them fairly and without discrimination. We will provide a safe and enriching work environment for our employees.

  • Disclose information

    We will ensure management transparency by fairly disclosing corporate information to our stakeholders, including our customers, suppliers, employees, and shareholders.

  • Protect the global environment

    We recognize and perform on our responsibility to improve the environment.

  • Responsibilities to top management

    The top management of all NAGASE Group members including NAGASE & CO., LTD.., Ltd. shall take the lead to ensure that the business is administered “with the highest standard of dignity as a member of society”.

NAGASE Group's Code of Conduct for Compliance (Full Text)

NAGASE Group's Code of Conduct for Compliance

Compliance initiatives

Compliance Consultation and Reporting Desk

Nagase ChemteX has a Compliance Consultation and Reporting Desk, where officers and employees can directly contact and report on the premise of confidentiality and anonymity.

  • There are no restrictions on the types of cases that can be discussed or reported. We accept reports on various issues, including harassment, human rights violations, and corrupt practices, such as bribery.
  • In addition to the internal contact point, the Nagase Group has a common contact point at the head office and a designated law firm for consultation and reporting.
  • Consultation and reporting can be done in writing, by telephone, facsimile, and email.
  • Measures are taken to ensure that no disadvantageous treatment is given to those who consult or report. Furthermore, we take great care to maintain the confidentiality of consultations and reports and prevent the identification of consulters and reporters.