Miyoshi Oil & Fat Code of Conduct
The Miyoshi Oil & Fat Code of Conduct establishes behavioral
guidelines for realizing Miyoshi Oil & Fat's Management
Principles "Benefiting people, benefiting society, benefiting
the future," as well as practical actions for the Wellbeing
Management* that Miyoshi Oil & Fat aims to achieve.
Executives
and employees in the Miyoshi Oil & Fat Group will aim to
increase corporate value even further by pledging to our
customers, as well as all consumers, business partners,
shareholders, and all other stakeholders involved in our
businesses, to contribute to improving our ways of life and
protecting the environment through the oil and fat business
while striving to maintain harmony between our business
activities and the local and international communities based
on this Code of Conduct.
*Wellbeing Management: Referring to management facilitating an
organizational environment in which our executives and
employees can enjoy physical, mental, and social satisfaction
as Wellbeing Management, the Miyoshi Oil & Fat Group aims to
carry out management that puts first the wellbeing of those
who play active roles in our facilities and on the frontlines
of business by focusing on the happiness of executives and
employees.
Chapter 1.General provisions
Article 1.Compliance with laws and regulations, as well as respect
for global standards
We will engage in daily business operations with the
recognition that our sound business growth depends on each
and every individual acting in conformity with not only
Japanese and local laws and regulations concerning our
businesses but also the expectations of local and
international communities and social norms, throughout
Company business activities, based on a solid understanding
of the Company's social responsibility.
Article 2.Duty to work with integrity
We will work with integrity based on various obligations
stipulated in the Rules of Employment. We will maintain
relationships of trust with the Company and will not conduct
any act detrimental to the Company’s interests.
Article 3.Responsibilities of executives and managers
Those of us in executive and management positions will not
only comply with this Code of Conduct ourselves but also
will strive proactively to develop workplace environments
and guide and train subordinates with a full understanding
of our own responsibilities. In the event that an act in
violation of laws, regulations, or norms has been
discovered, we will thoroughly investigate the cause and
implement preventive measures.
Article 4.Support for the Code of Conduct
Together with acting ourselves in accordance with this Code
of Conduct, we will continue to encourage all business
partners including suppliers to support it as well.
Chapter 2.The Company's promises to employees
Article 5.Maintenance of workplace environments
The Company will make all workplace environments comfortable
and rewarding by realizing composure and prosperity. The
Company shall comply with applicable laws and regulations,
pay appropriate wages, refrain from pressuring employees to
work long hours unless necessary, and encourage employees to
be sure to take annual leave.
Article 6.Respect for diversity
The Company will respect diversity, including employees'
personalities, traits, and values, to the maximum extent.
Discrimination or harassment on the basis of race,
nationality, religion, gender, sexual orientation or gender
identity, age, social status, disability or illness, or
physical characteristics shall not be tolerated. We will aim
for a corporate culture that provides employees with equal
opportunities, evaluates them fairly, and enables them to
demonstrate free and open-minded creativity.
Article 7.Ensuring safety and health
The Company shall comply with applicable laws and
regulations, including the Industrial Safety and Health Act
and the Food Sanitation Act, and will pay close attention to
keeping employees safe and healthy and will strive to
eliminate industrial accidents. We will promote health
management to enable each and every employee to remain happy
and in good physical and mental health.
Article 8.Freedom of association and collective bargaining
rights
The Company will recognize freedom of association, and will
strive for fulfilling communication with the labor union. To
facilitate smooth business operations, we will establish
positive labor-management relations based on mutual trust.
Chapter 3.Working environments and promises to our colleagues
Article 9.Management of Company assets and property
We will handle Company assets and property with care and
manage them properly. We will differentiate between personal
and official use and shall not use Company assets and
property for other than business purposes through such means
as misappropriating them for personal use.
Article 10.Information control
We shall manage strictly Company’s confidential information
and information belonging to business partners, competitors,
and others obtained in the course of doing business to
prevent leakage. We shall handle internal personal
information with the same degree of care. We shall not use
these information outside legitimate purposes, either during
our employment or after leaving the Company. We shall
refrain from using information suspected of having been
obtained through improper methods.
Chapter 4.Pledges to customers and business partners
Article 11.Product safety and quality
We will deliver highly reliable products that can be used
with safety and reliability, striving at all times for
customer satisfaction while enhancing product safety and
quality assurance management systems and endeavoring to
provide appropriate information.
Article 12.Fair and free competition
We will build relationships with customers, business
partners, and competitors that are transparent and fair all
times by trading fairly and in accordance with social norms.
We shall comply with the Antimonopoly Act and other
applicable laws and regulations and refrain from any and all
acts that impede, or are suspected of impeding, fair and
free competition, such as bid-rigging or forming cartels.
Article 13.Protection of intellectual property rights
We will recognize the importance of intellectual property
rights and utilize intellectual property appropriately. We
shall respect the intellectual property rights of others and
shall never infringe on them or use them improperly.
Article 14.Prohibition of abuse of superior bargaining
positions
We shall transact with business partners based on integrity
and as equivalent partners at all times in accordance with
applicable laws, regulations, and contracts. We shall never
use superior bargaining positions to bring improper
disadvantages over business partners. In addition, we shall
never pursue personal gains through such means as receiving
gains or benefits in connection with procurement and other
business operations.
Article 15.Advertising and publicity
We will engage in advertising, publicity, and other sales
activities regarding the quality and specifications of our
products accurately and with integrity. We shall refrain
from any dishonest labels or expressions or ones that could
lead to misunderstanding of customers. We will respond
swiftly to any inquiries and similar contacts.
Article 16.Entertainment and gifts
We shall refrain from the exchange of entertainment and
gifts with business partners that would deviate from proper
commercial practices and social norms. In addition, we shall
refrain from the receipt of entertainment and gifts from
business partners that would deviate from social norms.
Article 17.Export and import related laws and regulations
We shall engage in export and import transactions involving
products and technologies properly and in compliance with
the Foreign Exchange and Foreign Trade Act and other
applicable domestic and local laws and regulations.
Chapter 5.Pledges to society and shareholders
Article 18.Contributing to the local community
We will contribute to the society by utilizing the power of
oils and fats to achieve excellence in manufacturing
(“monodzukuri”). As a good corporate citizen, we will engage
in business activities rooted in the local community and
contribute to social, economic and cultural development by
participating actively in social contribution activities.
Article 19.Ensuring safety
We will strive to enhance safety by putting safety the
utmost priority in all processes from product production and
manufacture through supply and sale.
Article 20.Exclusion of antisocial forces
We shall resolutely sever the links and exclude antisocial
forces that threaten social order and safety. We shall
refrain from any acts that could promote the activities of
antisocial forces.
Article 21.Prohibition of bribery and anticorruption
We shall maintain sound and moderate relationships with
members of parliament, members of local assemblies,
executives and employees of national or local public
agencies, foreign officials, and similar parties and shall
refrain from any speech or behavior that could be
misinterpreted as involving bribery or collusion. We shall
comply with the Public Offices Election Act, the Political
Funds Control Act, and other applicable laws and regulations
regarding electioneering and political activities and
political donations. Donation activities shall be conducted
in compliance with applicable laws and regulations with full
consideration for their necessity and propriety. We shall
refrain from provision of entertainment or gifts that has
the appearance of provision of gains or benefits intended to
secure improper business gains and other treatment for which
there are no reasonable grounds.
Article 22.Prohibition of insider trading
We shall not permit insider trading. If we have learned any
material fact regarding the Company, affiliates, or business
partners in connection with our duties or transactions, we
shall refrain from such acts as trading in shares of stock
in related companies and will refrain from divulging such
information to others or encouraging them to engage in
related transactions until the information has been
disclosed officially. We also shall refrain from any acts
that could lead to related suspicions.
Article 23.Fair disclosure and dialogues with consumers
We will engage in timely and appropriate disclosure and
dialogues with consumers, who are partnering with us towards
future, regarding Company business conditions and our
initiatives, and strive to earn consumers’ understanding and
support in this regard.
Article 24.Respect for human rights
We acknowledge internationally recognized human rights and
will respect the human rights of all stakeholders involved
in our business activities. In all business activities,
including those in the supply chains, improper labor
practices, such as forced labor or child labor, shall not be
tolerated. We will respect individual dignity and values in
all business activities, including those in the supply
chains.
Article 25.Consideration of the global environment
We will give full consideration to the impact on the global
environment of our businesses and will actively lessen their
environmental impact and contribute to solving environmental
issues. We will engage in sustainable production by taking
consideration for climate change and the environmental
impact of raw-material procurement.
Chapter 6.Supplementary provisions
Article 26.Scope of application
This Code of Conduct shall apply to any and all executives
and employees working in the Miyoshi Oil & Fat Group
(including part-time employees, side-job workers and
dispatched workers).
