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COMPANY

Corporate Philosophy

The corporate philosophy of CKB Corporation is to contribute to society and industry in Japan mainly through the import and sales of machine tools, etc., based on conscience and the law.

Code of Conduct

1. Compliance with the Law

Business activities shall be carried out in an ethical manner, with fairness and logically, and in compliance with domestic and international applicable laws, regulations, etc.

2. Respect for human rights

The fundamental human rights of each person shall be respected, and harassment and discrimination on the grounds of race, ethnicity, religion, nationality, social status, gender, age, disability, etc. shall not be permitted. Forced labor, human trafficking, and child labor shall not be tolerated. Furthermore, it is expected that business partners of this company are not involved in the violation of human rights.

3. Sound working environment

The diversity, personality, and individuality of each employee and a safe environment in which it is easy to work shall be ensured. Compliance with all applicable labor laws, etc. with respect to working conditions, etc. shall be maintained.
The right to organize and bargain collectively or individually shall be respected.

4. Responsibility regarding products and services

Applicable laws regarding to products and services shall be observed, and information contrary to the facts or which may be misleading shall not be provided.

5. Environmental protection

Compliance with domestic and international applicable laws, etc. regarding the environment shall be maintained and protection of the environment promoted. Contribution to the continued improvement of the environment by seeking energy and resource conservation and the reduction of waste in corporate activities shall be sought.

6. Response to antisocial forces

Any association with antisocial forces or unjust demands or transactions shall be rejected.

7. Participation in politics

This company shall remain neutral regarding political parties and candidates, while complying with the law by rejecting illegal activities including illegal political donations, contributions, and payoffs.

8. Conflict of interest

Situations which could lead to a conflict with personal interests or conduct which may be misconstrued as a personal interest in conflict with the interests of the company shall be avoided.

9. Prohibition of corruption and bribery

Compliance with domestic and international applicable laws shall be maintained and illegal activities including corruption, extortion, bribery, and alleged payoffs shall not occur. Regarding to entertainment and gifts exchanged between this company and its customers or business partners, such shall be carried out in accordance with sound business practices and within socially acceptable limits. Unfair conduct including excessive exchanges of entertainment or gifts shall not be carried out.

10. Money laundering

Involvement or cooperation with money laundering shall not be tolerated.11. Accounting and financial reporting

11. Accounting and financial reporting

Compliance with domestic and international applicable laws shall be maintained and transparency and accuracy in timely records and reports of accounting and financial information shall be sought, and tax returns shall be properly filed.

12. Fair trade and competition

Fair trade, in compliance with domestic and international competition laws and based on the principles of fair competition, shall be honored in all transactions. Unfair transactions, including collusion, price fixing, and abuse of superior bargaining positions shall not be carried out.

13. Management of import and export

Compliance with the laws and company regulations regarding domestic and international import and export activities shall be maintained and appropriate management of these shall be carried out in order to ensure the maintenance of international peace and security.

14. Prohibition of insider trading

Share trading based on non-publicly available material which may influence on investment decisions shall not be carried out.

15. Personal information

Compliance with domestic and international applicable laws in order to respect the privacy of the customer, and the proper management of personal information shall be carried out.

16. Confidential information

Confidential information both inside and outside the company shall be strictly managed. Such information shall not be disclosed or used during or after employment other than for its intended company business purpose.

17. Intellectual property

Intellectual property shall be maintained and protected, while respecting and avoiding infringement of the intellectual property of other parties.

18. Information security

Information security measures necessary to prevent the leakage of information caused by computer viruses, unauthorized access, etc. shall be implemented.

19. Handling company assets

The company’s tangible and intangible assets shall be properly used and managed and shall not be used for personal or unauthorized gain.

20. Reporting and consultation regarding the code of conduct

In the event an employee becomes aware of an act which violates or may violate the code of conduct, he/she shall promptly report to and consult with his superior. The company shall promptly review the facts and implement solutions and measures to prevent recurrence. Any person who makes a report and seeks consultation shall not suffer disadvantage or retaliation for filing a report and seeking consultation.

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