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Compliance

Akebono defines compliance as "acting with common sense and responsibility as members of society, following not only "laws and regulations" but also social rules, manners, corporate ethics, and everything else that we must observe in our work and daily lives," and the Compliance Committee has been established as a subordinate body to the Internal Control Committee.

The heads of each division in Akebono and the presidents of subsidiaries in Japan promote compliance activities as Compliance Committee members of their respective organizations, and regularly report on activity plans and their progress at the Compliance Committee meetings.

To respond to the globalization of management, Akebono 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 such as prevention of harassment and insider trading regulations.

To prevent compliance violations or to detect them at an early stage and promptly resolve them, Akebono has set up consultation hotlines, both in-house and outsourced, to provide counseling for all associates, including temporary employees and contract employees. Some of the outsourced consultation has been entrusted to specialized agencies and in all cases the name of the person seeking the consultation and the nature of their consultation is kept confidential. Akebono also ensures that the person seeking consultation does not receive any prejudicial treatment because of making a report or seeking consultation.