Reason for Priority
The global social situation facing companies continues to change rapidly, which has even included the occurrence of unforeseen situations such as sudden onset of pandemics. No matter how the times may change, the importance of corporate ethics and legal compliance remains along with the need for companies to fulfill their corporate social responsibilities.
If just one scandal occurs, there are too many cases to note where this has caused a loss of trust and endangered a company's business continuity. Therefore, in addition to preventing scandals before they happen, it is important to strengthen compliance system in a broad sense in line with international guidelines and directives, while carrying out appropriate risk evaluation and training simultaneously.
The Nikon Code of Conduct forms the basic rules of the Group based on its corporate philosophy of "Trustworthiness and Creativity." It sets the standards for all Nikon Group employees to fully recognize the importance of compliance, abide by laws and regulations, company rules, and social norms, make ethical decisions, and take appropriate actions with integrity in day-to-day business activities. The Nikon Code of Conduct also represents our foundation for strengthening global governance and responding to the expectations of the international community. Nikon aims to be a company that lives up to society's trust by seeking to continuously make the Code of Conduct known to all and entrench it, and by engaging in honest actions including legal compliance.
In order to contribute to the sustainable development of society by realizing our philosophy "Trustworthiness and Creativity" and our vision of "Unlock the future with the power of light," I will continue to demand thorough compliance by practicing the Nikon Code of Conduct.
Representative Director and Executive Vice President
General Manager of Group Governance & Administration Division
Main initiatives and results in the fiscal year ended March 31, 2021
Conducted Employee Awareness Surveys
In order to clarify awareness of Nikon's corporate philosophy and understanding of the Nikon Code of Conduct among employees, and determine the effectiveness of compliance training, an awareness survey targeting employees of the Nikon Group both in and outside Japan is implemented once a year to once every two years.
In the fiscal year ended March 31, 2021, we conducted an awareness survey for the Nikon Group in Japan and outside Japan, with 15,516 employees responding (response rate of 90.2％). The penetration rate of the Nikon Code of Conduct increased from 84.4％ in the 2018 survey to 90.6％ today, indicating steadily progress is being made globally.
Conducting Competition Law Training
The Nikon Group has been making global efforts to educate employees with respect to competition law that are in line with the laws and regulations of each country.
In the fiscal year ended March 31, 2021, competition law training was held for 4,367 employees at 47 companies, including non-consolidated company Nikon Optical U.S.A. Inc. (the United States) (as of March 31, 2021).
Nikon Sustainability Report
For more details, please see the Nikon Sustainability Report.