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Ethical Principles in Business Activities
Eagle Industry has developed its business activities without deviating from ethical boundaries for each and every stakeholder. As a result, the building and practice of corporate ethics are required in the action and behavior of each Eagle Industry employee. This document defines the general principles for resolving the various legal and ethical issues which are faced by employees. These principles must be respected and observed by all employees in all contexts. While some of the matters addressed herein may have already been defined in Company Rules, this document provides an easy-to-understand summary from an ethical viewpoint.
1. Ethical Spirit
We hope that the men and women who work at Eagle Industry want to take pride in their work. Most people, we believe, do not want to live their lives while doing dishonest acts.
If there are illicit dealings or unscrupulous practices in our workplace, we hope you will raise questions and desire improvement.
"The workplace must be a place of self-actualization for each person, and not a place that is repugnant to the conscience, causing bitterness and conflict." (Extracted from the introduction of the "Ethics and Law Compliance Management System Standard." by Reitaku University)
2. Your Role
Eagle Industry is highly regarded by society by enhancing its honesty, honor and dignity.
In order to maintain as well as enhance this assessment, you must exercise good judgment in your decision-making and actions in all contexts.
3. Work Atmosphere
Eagle Industry is committed to building a work environment that enables healthy, safe and efficient work. Creating a hostile work environment through sexual harassment, bad language or joking in the workplace; intimidating those around you; or ignoring or aggravating such situations is not beneficial to the work environment and is for bidden.
4. Privacy
5. Protection of Company Assets
Eagle Industry is in possession of various tangible and intangible assets, such as equipment, buildings, furnishings, intellectual property, general technical information, and confidential documents received from customers. The protection of these assets is the responsibility of all employees. The utmost care must be taken on a routine basis to ensure that the assets are not used illegally, accidentally leaked or burglarized.
6. Proper Reports
Employees record and submit work related achievement reports.
These reports include, for instance, test reports if you are an engineer, order reports if you are in sales, research reports if you are a researcher, and accounting reports if you are an accountant. Since these reports and records sometimes conflict with related laws, any false report or record throws off management assessments. These documents must be based on honesty, accuracy and facts.
7. Sound Business Relations
Eagle Industry observes laws and regulations and respects corporate ethics, whether in the position of buyer or seller. Employees must make every effort to be sincere to all business acquaintances in both language and behavior, ensuring that there are no misunderstandings. Through such transparent and forthright business relations, we build relationships of trust and business that lasts.
8. Contact with Competitors
During business activities, employees sometimes speak or come in contact with company competitors. Speaking about product prices, contract terms and conditions, production plans or product technical information is considered bid rigging and is illegal. Caution is required.
9. Collecting Other Company Information
The collection of other company information or competitor product information in business or sale activities is considered fair business practice. This in itself is not unethical. We collect information, such as customer credit information or purchaser credit ratings, using the proper means according to purpose. However, the use of the collected information must be limited to the scope of the purpose, and the information must be handled carefully to ensure that it is not leaked to others.
10. Utilizing Information with Use Restrictions
Employees are sometimes provided with information from customers, either orally or in writing, that is necessary for the fulfillment of a product supply contract and involves restrictions of use (such as information that requires the preservation of confidentiality by government and other public offices). In such instances, the information cannot be accepted unless the conditions of use are formally agreed upon with the other party. The contract related to the information involving restrictions of use requires approval based on managerial decision rules and, once the contract is signed, the use, copy distribution and control must be carried out as stated in the contract. It must be understood that use which deviates from contract terms and conditions is a violation of the law, regardless of circumstance.
11. Gift Giving and Entertaining
Various gifts are presented by Eagle Industry. Whether given or received, moderate gifts are legally acceptable. However, the receipt or offer of indisputably impermissible payoffs is a crime.
Conventional business courtesies such as dinner and entertaining are permitted to a certain extent, whether you are the giver or receiver. However, if the other party is a public office worker, these courtesies are considered illegal according to the National Public Official Moral Code and related regulations.
In addition, such laws and customs vary according to country. Employees are asked to behave properly in accordance with the local law.
12. Compliance with Laws and Regulations
Eagle Industry conducts its business activities based on an ethos of compliance. Employees may encounter various legal issues related to business conduct. If this happens, you must first consult with the presiding department and, if the matter involves a new law or regulation, consult with related departments such as General Affairs, and proceed accordingly.
By receiving advice from a corporate lawyer, we can avoid violating the law.