Risk Management & Compliance
HARADA aims to carry out sound managerial and business operations by establishing a regime that acts to prevent, identify and resolve risks that may occur, and to implement preventive measures. We define risks associated with the following matters as factors that may interfere with our operations.
- Compliance (legal compliance)
- Financial reporting
- Information security and IT systems
- Research and development activities
- Safety issues or disasters
- Work environment
- Unexpected incidents
- Other events that have material impact on the Company and Group's operations
◆ Basic Policy
HARADA's basic policy is as follows:
- (1) Our basic compliance policy is the basis of management of our Group and each subsidiary, and all HARADA officers and employees must comply with the three codes of conduct listed below.
- Legal Code: Laws, rules and other governmental regulations
- Corporate Code of Conduct: Internal rules and operation manuals
- Code of Ethics: Ethical and social norms
- (2) Highest priority should be placed on compliance of the legal code, and when legal codes do not serve as explicit criterion, decisions should be based on the corporate code of conduct and code of ethics.
- (3) By minimizing the impact on management through preventing risks based on the three codes of conduct and by reacting promptly when risks do occur, HARADA aims to sustain and develop relationships with stakeholders, and operate as a group to increase corporate value.
◆ Whistleblowing Program
HARADA has established a Whistleblowing Program in order to promptly identify violations of law or ethical misconducts (compliance violations).
When HARADA employees (or equivalent persons) identify organizational or personal violations of law, he or she can use the Whistleblowing Program to consult, report, or inform a relevant officer.