The Toyota Boshoku group is working to further enhance corporate governance through respecting international behavioural rules in compliance with laws, regulations and ethics in order to carry out sustainable business activities and meet the expectations and earn the confidence of all stakeholders.
Fundamentals of CSR activities
The Toyota Boshoku group fulfils its social responsibility by conducting corporate activities based on the TB Way and the Toyota Boshoku group code of conduct, which express the values and behavioural principles shared throughout the group in line with the corporate philosophy of group management. We designate such matters as accountability, transparency, ethical behaviour, respect for stakeholders’ interests, respect for the rule of law, respect for international codes of conduct and respect for human rights as the fundamentals of corporate social responsibility (CSR) activities. On this basis, measures are taken to enhance CSR through various definable aspects of corporate activities.
The Toyota Boshoku group has stated as the first part of its corporate philosophy the desire to promote corporate growth while fulfilling our responsibilities as a good corporate citizen in order to satisfy all stakeholders. To realise this, the Company recognises the importance of maintaining and improving management efficiency, fairness and transparency as a global company alongside efforts to ensure sustainable corporate activities and will strive to expand and enhance its corporate governance. Specifically, the Company will advance the following: (1) Securing the rights and equal treatment of shareholders; (2) Appropriate cooperation with stakeholders other than shareholders; (3) Ensuring appropriate information disclosure and transparency; (4) Appropriate execution of the roles and responsibilities of the Board of Directors; and (5) Engaging in constructive dialogue with shareholders.
The Toyota Boshoku group states in its corporate philosophy that the Company will seek to promote corporate growth while fulfilling our responsibilities as a good corporate citizen.
Compliance with laws and regulations and awareness raising
The Toyota Boshoku group globally promotes training on laws and regulations and awareness-raising activities in order to thoroughly comply with laws and regulations related to our businesses.
Intellectual property management
The Toyota Boshoku group respects the intellectual property of third parties and appropriately values its own intellectual property, which is viewed as a key management asset essential for global business development. We continuously work to enhance the protection and utilisation of our intellectual property.
Confidentiality and information security management
The Toyota Boshoku group considers the appropriate management of confidential information to be an important element of our business activities. We seek optimal systems and frameworks for managing confidential information in order to pursue sound corporate activities.
Thorough Reinforcement of Risk Management
The Toyota Boshoku group is working to comprehensively reinforce risk management via the creation of an effective risk management system in order to respond swiftly to management risk, risk in daily operations and other risks such as disasters and accidents.