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Compliance

As it expands globally, it is important that Akebono, beyond complying with the law and regulations, correctly understands and fulfills its corporate social responsibility.Accordingly, we have set up the Compliance Committee, under the direction of the president, and established the “akebono Global Code of Conduct” and “akebono Global Standard of Behavior” to be observed by each associate.

To respond to the globalization of management, Akebono not only conducts compliance but also endeavors to correctly recognize and carry out its corporate social responsibility. To this end, we have established and promoted the akebono Global Code of Conduct together with the akebono Global Standard of Behavior, and we also work to improve awareness of compliance, by conducting a variety of educational programs. As part of these efforts in our joblevel-based training program, we include compliance training to raise the level of awareness on general compliance issues such as information control and prevention of harassment In addition to this, in fiscal 2015 compliance proficiency tests were given to all associates in Japan, and a month dedicated to strengthening compliance generated thoughtful workplace discussions.

To prevent compliance violations or to detect them at an early stage, and resolve them, Akebono has set up consultation counters, both in-house and outsourced, to provide counseling for all associates, including temporary employees and contract employees. Among these, some of the outsourced consultation has been entrusted to specialized agencies. At all of these counters, Akebono protects the details of the consultation and the personal information of the person seeking the consultation, and ensures that the person seeking consultation does not receive any prejudicial treatment.

Moreover, Akebono conducts hearings about compliance for associates of domestic group companies every year. The results of these hearings can help to improve the Company's business and workplace communication.
In November 2015, Akebono made public the fact that it had uncovered an incidence of inappropriate accounting, and the Company decided to increase the frequency of Compliance Committee meetings from once a quarter to once every two months. At the same time, we again verified the positioning and functioning of this committee, and worked to improve the committee’s effectiveness, notably by increasing its members and their training.