Together with Local Communities & Global Society
The Toyota Boshoku group will strive to strengthen corporate governance, ensure thorough compliance, reinforce risk management and contribute to society with the aim of realising company growth while cultivating corporate citizenship to meet the expectations and earn the confidence of all shareholders.
Fundamentals of Social 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 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.
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 and reputation*.
* Risk of losing societal trust
The Toyota Boshoku group will implement social contribution activities in response to local issues based on our shared corporate philosophy in which we endeavour to promote corporate growth while fulfilling our responsibilities as a good corporate citizen in the three core fields of activities with local citizens, environmental activities and foster youth through education.