Furukawa Electric Group regards compliance as "not only observing laws and regulations, but also as acting in accordance with the values and ethics required of the company and its employees as responsible members of society", and promotes compliance activities such as in-house education based on the Group CSR Code of Conduct and monitoring of legal violations. Each and every employee is encouraged to perform day-to-day compliance activities in line with our three musts for compliance activities: to "be aware", "speak" and "rectify".
Based on the 'Furukawa Electric Group Purpose' and 'Core Values,' this establishes a set of norms for the fundamental actions that officers and employees should take from the perspective of corporate social responsibility (CSR) in conducting corporate activities.
Furukawa Electric Group CSR Code of Conduct
Our group has established the "Furukawa Electric Group CSR Code of Conduct," which outlines the fundamental actions that directors and employees should take from a CSR perspective. The Risk Management Committee deliberates on compliance-related issues and implements a system for supervision and promotion.
For further details, please refer to the Promotion Framework on Risk management.
For the fiscal year 2024, there were no significant compliance violations requiring external disclosure, nor were there any major legal violations requiring external disclosure, including corruption and bribery.
Regarding political donations, we adhere to the Political Funds Control Act and have a system in place to ensure proper review and operation based on the "Furukawa Electric Group CSR Code of Conduct."
Furukawa Electric Group has introduced a whistleblowing system for early detection and correction of misconduct. Furukawa Electric has established not only the whistleblowing desk but an external whistleblowing desk (Furukawa Electric Group Hotline) using a third-party organization outside the company, both of which allow employees to make reports anonymously. While giving full consideration to ensure that the informant does not suffer any disadvantages, the whistleblowing office strictly manages the content of reports, investigates them promptly, and takes appropriate measures. Furthermore, depending on the content of the reports, we have an established system to ensure fairness by seeking opinions from outside experts. We also have introduced a whistleblowing desk for overseas group companies, and as of the end of FY2024, 45 companies in 17 countries had introduced it. We strive to create an environment where everyone can raise their voice without fear. The number of whistleblowing in the Group was 158 in FY2024, of which approximately half were related to human resources and labor relations. Only a limited number of them turned out to be true as pointed out. However, all of them, including parts of them turned out to be true, have been corrected through the implementation of preventive measures.
Furukawa Electric Group has designated October and November as Compliance Months, during which we implement measures aimed at tackling the variety of compliance issues faced by companies across our Group.
We conduct a host of training and awareness activities in the aim of instilling compliance awareness among all employees. Our primary shared educational materials are the Furukawa Electric Group CSR Code of Conduct and its corresponding Furukawa Electric Group CSR Compliance Handbook. We distribute this handbook to all Furukawa Electric Group employees and take many opportunities to make use of it. We conduct compliance education for employees at every level of the Company, from new recruits to directors. At the same time, we hold theme-based group training and e-learning courses, and conduct groupwide compliance education.
Furukawa Electric Group continues to conduct a compliance awareness survey every other year. The purpose of the survey is to ascertain the current status of the organization by investigating how individual executives and employees feel about compliance and organizational culture and to utilize the results for compliance promotion measures within the group. The results of the survey are fed back to participating group companies for use in the formulation of compliance measures at each company.
Furukawa Electric Group formulated the Furukawa Electric Group Anti-Bribery Statement in April 2012. In December, we published the Furukawa Electric Group Anti-Bribery Guide (revised to the second edition in May 2018), and we are promoting activities toward creating a groupwide bribery risk management system.
Furukawa Electric Group Anti-Bribery Statement (English)![]()
Furukawa Electric Group considers security trade control to be one of its most important responsibilities as a company with global business operations. In accordance with the laws and regulations that make up the international framework on security trade control (the export control regime), we have improved and strengthened our management systems for cargoes and technologies that can be converted to weapons or military uses. In exporting products and providing technology, we conduct transaction screenings based on our Security Trade Control Regulations to ensure compliance with relevant legislation and are careful to prevent circumvent to countries of concern.
Our group has established the “Furukawa Electric Group Tax Compliance Policy” as outlined below, aiming to maintain and improve tax compliance among all employees.