The social and ethical responsibilities of companies are undergoing great changes. As society grows more diverse, there are a growing number of issues in various fields that companies must face and address, including compliance with competition laws and anti-bribery regulations. Companies must meet the expectations of society not only by focusing on international guidelines and rules but also by understanding diverse values in a broad range of perspectives.
Responsible Officer's Message
While the Nikon Group is undergoing a major transformation through restructuring, the one thing that remains unchanged is our corporate philosophy of “Trustworthiness and Creativity.” The foundation of this philosophy is compliance. At the Nikon Group, we understand that compliance is more than just abiding by laws and regulations; it is a broad concept that also takes into account corporate social responsibility and corporate ethics. We strive to ensure that each and every employee engages in his or her daily work with a strong sense of ethics and mission.
I request that all employees always keep compliance obligations in mind with the simple message of “Do Right!” In light of the recent circumstances pertaining to corporate social responsibility and corporate ethics, we made major changes to the Nikon Code of Conduct in January 2018, which serves as the standard principles for the actions of Nikon Group employees. I will continue to use the phrase, “Do right!” to ensure that our employees understand and adhere to the new code of conduct.
Senior Executive Vice President & CFO
Chairperson of the Business Conduct Committee
Main initiatives and results in the year ended March 31, 2018
Risk Assessments and Education on Bribery
Bribery risk assessments were carried out at Nikon Group companies using common assessment indicators globally in order to mitigate business related bribery. The 23 companies found to pose a relatively high risk by this risk assessment, and the Nikon Group conducted a risk-based approach training on these 23 companies.
Competition Law Education
We provide an ongoing competition law education in order to ensure fair competition and trade in compliance with competition laws in each country and to raise awareness across the Nikon Group. During the year ended March 31, 2018, this education program was provided to 53 companies (including non-consolidated Group companies) with a relatively high risk in terms of competition law, with a total of 8,416 employees taking part.
Nikon Sustainability Report
For more details, please see the Nikon Sustainability Report.