Governance

The TSUGAMI Group believes that executing business in compliance with laws and regulations, engaging in fair, transparent and free competition and fair and responsible transactions, and ensuring that individual employees go about their day-to-day tasks with high ethical standards will lead to its corporate development in the long term.
We do not tolerate corruption in any aspect of our business. We maintain appropriate relationships with our business partners, and ask all our officers and employees and all our contractors to ensure free and fair competition.

The Sustainability Committee will coordinate the planning, management and operation of initiatives based on the anti-corruption policy set out below.

• We provide all our officers and employees with appropriate training in an effort to increase awareness of corruption.
• We prohibit the granting or requesting of improper benefits to prevent the giving or receiving of bribes.
• We completely sever all ties or relations with antisocial forces.
• We seek cooperation with companies in the same industry and other stakeholders.
• We publicly disclose our anti-corruption policy and the process and results of its implementation.

The TSUGAMI Group shares this basic policy with the compliance officers of all group companies both inside and outside of Japan and encourages every company to establish internal regulations and guidelines and to provide compliance education, in a bid to stamp out bribery across the Group.

In FY2022, there were no instances of disciplinary action taken against employees on the grounds of bribery or other forms of corruption.
The Group also incurred no fines, penalties or settlement costs in relation to corruption during FY2022.