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Joshin Group Anti-Corruption Policy
In order to realize our management philosophy of “connecting people and society to the future with a smile,” the Joshin Group will comply with laws and regulations in all transactions and business activities, and work to prevent corruption in all its forms, including bribery.
We will build long-term relationships of trust with all stakeholders through fair business dealings, with the aim mutual prosperity and continuation.
This Policy applies to all officers and employees* of the Joshin Group. We also require our stakeholders to take measures to prevent corrupt practices.
- Compliance with laws and regulations
The Joshin Group will engage in fair trade and business activities in compliance with anti-corruption and anti-bribery laws and regulations, this Policy, and internal rules.
- Prohibition of corrupt practices
- Prohibition of entertainment and gifts
Officers and employees shall not provide or accept, either directly or indirectly, any entertainment, gifts or the like. to or from any person, including public officials or the equivalent, for the purpose of obtaining unfair benefits or preferential treatment, or to an extent that is beyond the scope of common sense.
- Prohibition of coercion
No officer or employee shall make any demand to or coerce any person in violation of any law or regulation. In addition, if subject to such a demand or coercion, officers and employees must resolutely reject.
- Maintenance of free competition and fair trade
In all transactions and business activities, the Joshin Group shall not engage in any unfair trade restrictions (e.g., cartel, bid rigging), private monopolization, acts prohibited by the Antimonopoly Act, or any other acts that impede fair, equal, transparent, and free competition.
- Relationships with suppliers and business partners
We shall cherish and maintain relationships of trust with our suppliers and business partners, and always maintain an equal and fair standpoint. We shall not engage in any acts that could disadvantage our suppliers, such as abuse of a superior position. We shall select our suppliers fairly in accordance with internal rules and other standards.
- Prohibition of insider trading
Officers and employees shall not purchase or sell shares using undisclosed internal information that could affect the share price. They shall not communicate any such undisclosed internal information to any party inside or outside of the Group.
- Prohibition of involvement in anti-social activities
We shall have no involvement whatsoever in any anti-social forces or groups that threaten the order and safety of civil society, and shall resolutely reject any contact from anti-social forces.
- Relationships with franchisees, affiliated companies, and subcontractors
We shall mutually respect each other’s autonomy, implement anti-corruption measures, and build fair and sound partnerships. We will also strive to communicate and disclose correct information.
- Anti-corruption system
In order to prevent corrupt practices, we have established a system to provide consultations and receive reports from officers, employees, and other parties through a whistleblower system regarding violations or potential violations of this Policy.
Any violation or potential violation of this Policy shall be promptly reported to the Board of Directors and other relevant bodies, and shall be handled appropriately in accordance with internal rules. Reports made through the whistleblower system shall be handled in the same manner, ensuring the protection of whistleblowers.
In the event that an internal investigation discovers a violation of any anti-corruption and anti-bribery laws or internal rules, including this Policy, appropriate and swift disciplinary action will be taken in accordance with internal rules.
- Records and retention
In order to comply with anti-corruption and anti-bribery laws and regulations as well as this Policy, all transactions shall undergo accurate account processing and related documents shall be properly retained.
- Education and awareness-raising
To raise awareness of anti-corruption issues among officers and employees, we shall ensure that all personnel are informed of this Policy and the Joshin Group Code of Conduct. We shall also provide regular education and training on the prevention of corrupt practices, including the prohibition of bribery and awareness of the whistleblower system.
- Monitoring and verification
Based on our internal control system, we shall strive to prevent corrupt practices, record and monitor potential risks and their countermeasures, and periodically verify the effectiveness thereof.
※Refers to regular employees, contracted employees, part-time employees, temporary employees, and dispatched employees.
Enacted on: March 28, 2023
Joshin Denki Co., Ltd.
Representative Director, President and Executive Officer
