CSR Initiatives

Defensive CSR activities - Our responsibilities as a corporation -

Initiatives for compliance

The “compliance” at our group is about “adhering to laws and regulations” as well as adhering to social norms, social decency, practicing local customs, pursuing the interests of and fulfilling the demands of our stakeholders, and following our own company rules. The compliance is a part of all business activities. As a member of society, our group is committed to take initiatives for compliance.

Our goals for "compliance"

①Establish an organization to ensure compliance by all group companies by 2030 ②Establish a management structure that prevents illicit actions (ensures governance)

Initiatives for compliance

In 2023, our group formulated a Compliance Policy that clarified our stance and mindset on initiatives to ensure compliance with laws and regulations.

Compliance Policy

Musashi Paint Group (hereinafter referred to as "We") will not only comply with the laws and regulations of the countries in which we operate but will also respect the social norms and customs of each region and adhere to our own internal rules, thereby contributing to the sustainable growth of society while maintaining good relations with society.

1. We will act in accordance with our policies on Human Rights, Occupational Safety and Health, Environment, Quality, Chemical Substances Management, Information Security and BCP, which are set out separately.
2. Fair trade and ethical issues
1)We will deal responsibly with government officials of the countries concerned, considering local laws, regulations, and customs.
We do not give or receive excessive gifts or entertainment, nor will we engage in extortion in our dealings with private sectors.
We will prohibit all acts of embezzlement in the course of our business and will take strict action against such acts if we discover them.
2)We do not engage in cartels, bid-rigging or other activities that impede fair competition or trade.
We do not misrepresent our products.
3)We will disclose accurate information and not make false disclosures so that external and internal audiences can properly assess our corporate value.
4)We will engage in intellectual property management to avoid infringing on other companies' intellectual property and to protect our intellectual property.
5)We do not have any contact with anti-social forces. If it is discovered that the other party is an anti-social force during a relationship, we will terminate such relationship.
6)We do not slander, defame, or violate the rights of others.
7)We will protect whistleblowers who make reports of internal complaints and whistle-blowing and do not permit retaliation.
We will also protect the confidentiality of the report and the whistleblower.
8)We will comply with the laws and regulations of each country regarding the export of products and the purchase of raw materials.

Current challenges and responses regarding compliance

“Being compliant” means to “think rationally and act without disturbing people and the Earth.” Violations easily occur when we make wrong judgements. It is important that we are always aware of our behavior. Our group consolidated the “Guidelines on fair business management”, “Materials for intellectual property training”, and “Guidelines on managing
the internal complaints reporting system” and will reinforce compliance.

The Compliance Policy Committee will be a company-wide organization that monitors compliance reinforcement.

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