Daifuku, in accordance to its corporate policy to "contribute to the global markets and the development of society" and "focus on healthy, growth-driven global management," is committed to achieve improvements in its corporate governance to establish a firm corporate structure.
As one of these initiatives, Daifuku has elected two independent outside directors and established the Advisory Committee to advise the Board of Directors concerning important matters on nominations and remunerations of members of management team. One of the outside directors serves as the chair of the Committee.
The Internal Audit Department supports the building of internal control systems, mainly for ensuring reliable financial reporting, by assessing risks in various business activities. In addition, internal inspectors, who are appointed from non-internal Audit departments, conduct Plan-Do-Check-Act cycles by evaluating internal control developments and operational effectiveness.
Daifuku has established a Compliance Committee chaired by the president to ensure that legal compliance, fairness and ethics guide the Company.
As part of its efforts, Daifuku holds training sessions companywide to raise awareness of compliance in all of its employees. In addition, as a countermeasure against the global risk of violating laws, we have established basic company rules and subsidiary rules detailing various measures and procedures to comply with competition and bribery laws. We have also distributed a message from the president conveying the importance of compliance to all employees.
Additionally, to field questions and concerns about compliance received from employees and others outside the Daifuku Group, we provide a hotline to consult with the Legal Department and to report to a lawyer. In addition, we have introduced a hotline for non-Japanese employees as well.
Daifuku handles important and personal information regularly as it conducts business. Our Information Security Committee prevents information from leaking or being used for purposes other than what was intended. The Committee will strongly promote efforts to establish information security worthy of a global company by evaluating and implementing appropriate measures against internal IT risk factors.
A message was sent by the President to all employees to have them understand the importance of compliance. Furthermore, education through in-house newsletters and various training courses and group training sessions are being conducted continuously worldwide the areas of compliance with competition laws and prevention of bribery, the importance of which is increasing on a global level.
In addition to providing lectures regarding compliance of laws concerning sub-contracting and security export control legislation, courses will be given on respect for human rights and work ethics during various training opportunities, such as for new recruits or newly promoted managers, to establish and increase compliance consciousness.