Organization to Promote Compliance
In April 2004, the Takara Group established a Compliance Committee, chaired by the President, to secure integral and fair business activities. The Committee is designed to reinforce the organization for promoting the Group’s compliance with laws and social ethics and risk management. While the Compliance Committee formulates basic policies, presidents of subsidiaries and general managers of business sites lead and promote specific activities. At each workplace, a compliance leader is responsible for promoting compliance activities. |
| 1. Compliance promotion organization |
Takara Group’s Compliance Promotion Organization
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| 2. For compliance with laws and social morals |
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Training for compliance leaders to educate personnel in charge of promoting compliance at workplaces
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(1) To instill and establish a compliance-oriented mentality
Based on the Takara Group Compliance Guidelines, Group and workplace training programs are offered separately for each echelon of top management, managers and general employees. These programs are designed to instill and establish a compliance-oriented mentality among Takara Group employees. |
Basic policies of the Compliance Guidelines
(1) We will abide by laws and regulations of Japan and overseas, be fully aware of the ethical standards of society and act with decency and responsibility as members of society.
(2) We will work on the reduction of the impact of our business activities on the natural environment and contribute to the development of life sciences that give consideration to the dignity of life.
(3) We will not pursue profit if it means working against the Guidelines. We will seek profit through fair competition and aspire to be a useful company for society as a whole, thereby engaging in business activities in a sustainable manner. |
(2) Preparation and distribution of the Compliance Manual
We have prepared the Compliance Manual to specify the conduct expected of each employee in easy-to-understand manner. The Manual is distributed to all Takara Group employees in the form of files, notebooks and booklets.
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| 3. Risk management system |
(1) Activities at ordinary times
We prevent and mitigate risks based on priorities we set by overhauling workplace processes and identifying risks. These activities are repeatedly implemented on an annual basis and the results of the activities are reported to the Compliance Committee. Through reviewing the results, we work to improve and upgrade our risk management activities.
(2) Activities in emergency situations
In case of emergency, such as a situation that may threaten lives or put individuals in physical danger, or a situation that may have a significant impact on the business confidence or assets of the company, we implement a system based on the Emergency Response Manual. To assure an immediate, effective response to an emergency situation, a coordination structure is immediately formed among departments and an emergency headquarters is established.
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| 4. Establishing Help Lines |
When violation of laws or acts of dishonesty are discovered, it is an ordinary procedure to immediately report to a superior and to solve the problem within the concerned workplace. However, sometimes this procedure is not effective. To deal with such a situation, Takara has established Help Lines within the company (CSR Promotion Department) and outside the company (third-party organization). The Help Lines receive inquiries and reports from employees and facilitate speedy resolution of the situations.
The anonymity and privacy of a person who seeks advice will at all times be protected, and provisions are made so as not to invoke any disadvantageous treatment of Help Line users.
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