Compliance Promotion Structure

In order to ensure strict observance of laws, regulations, and corporate ethics within the Group, we have established the Compliance Committee, and under this we have established the Compliance Committee Secretariat Council to serve as the committee body that ensures the proper implementation of the Compliance Committee's decisions.

Compliance Promotion Structure chart. The Compliance Committee was established directly under the president, and the Compliance Committee Secretariat Council has been set up as a committee body.

Establishment of the Global Compliance System

With the aim of building a group-wide foundation for an effective compliance scheme, the Group Compliance Department conducts education on compliance at each NGK base.

Mission Achievement-focused Initiatives of Fiscal 2019

Initiatives for fiscal 2019 toward achieving the mission of the Group Compliance Department.  These include compliance education, adaption to global laws and regulations, operational support for the quality compliance system, running of the internal control system secretariat, and responses to helpline inquiries.

Corruption Prevention Structure

The NGK Group implements anti-bribery measures in order to ensure fair and transparent transactions. In fiscal 2015, we instituted anti-bribery rules for dealing with foreign public officials in order to ensure compliance with anti-bribery laws as well as ethical standards for business conduct. Further, in fiscal 2017 our Auditing Department began a review of overseas money transfers and entertainment expenses.

Conducting Anti-Bribery Training

In fiscal 2019, we not only had our in-house lecturers provide job grade-specific training to NGK employees, we also invited outside lawyers to run small-group, interactive training sessions. In addition, we also arranged for attorney-led seminars and other training at all Group companies.

Political Contributions

The NGK Group conforms to all applicable laws with regard to political contributions; this includes abiding by legal prohibitions against political contributions to individual politicians and ensuring that contributions to specific political organizations and parties do not exceed legally stipulated limits.
In fiscal 2019, the NGK Group had no political contribution expenditures.