YKK GROUP

Fair Operating Practices

The foundation of the YKK Group's business activities is fairness.

 
COMPLIANCE
 
 

Basic Policy Related to Compliance

Since YKK's founding and under the "Cycle of Goodness" YKK Philosophy, we have based our business activities on the belief that an enterprise is an important member of society, and as such it must coexist with other elements of society, and the value of its existence will be recognized by the benefits it shares with society.
The YKK Group considers compliance to be responding to societal demands, and that in addition to abiding by laws, regulations, and internal rules, compliance represents conforming with social norms required when conducting business activities.

Compliance Structure

The Company has appointed a Compliance Director and established a Corporate Legal and Compliance Group under the Officer in charge of compliance. These parties work with the external compliance advisors to maintain a compliance system for the YKK Group. The Compliance Director reports to the Company's other Directors and the Audit & Supervisory Board Members on the development of the compliance structure and compliance with laws, regulations, and the Articles of Incorporation, among other items. In addition, a Compliance Committee was established to undertake appropriate compliance promotion measures from the perspective of business management, and the Committee deliberates on the operational status of compliance programs, responses to compliance issues, and the latest regulatory developments.
The Company's Directors undergo periodic compliance training conducted by attorneys and others and submit written pledges stating that they will comply with laws and regulations in the performance of their duties as Directors.

YKK Global Criteria of Compliance (YGCC)

Whistleblowing System

The YKK Group introduced the YKK Group whistleblowing system to establish a structure that enables employees and others to anonymously consult and report internally or externally regarding conduct in violation of laws, regulations, employment rules, or internal rules. In cases where conduct constituting a serious violation of laws or regulations is discovered, the YKK Group whistleblowing system Administrative Office reports the details of the report and the results of its investigation to the Company's Audit & Supervisory Board members. The Group has also established internal and external hotlines for personnel to consult on the workplace environment, concerns, and health issues.

Anti-Bribery and Corruption

The YKK Group does not permit its employees to provide bribes or to provide or receive inappropriate gifts or other benefits, regardless of whether the transaction is with a public official or private party and regardless of whether the transaction is conducted directly or through an intermediary.

Compliance with Competition Laws

The YKK Group complies with the Anti-Monopoly Act and Subcontracting Act and engages in fair business practices.

Compliance Education

The YKK Group prepares compliance books for each region of the world and distributes them to all employees. In addition, the Group conducts comprehensive compliance training through e-learning and training sessions attended by employees and other means. Periodic training is also conducted for officers.

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