Governance

Organizational Governance

The Milbon Ethics and Code of Conduct is at the core of the action guidelines of the Milbon Group (including Milbon Co., Ltd. and its consolidated subsidiaries, hereinafter collectively referred to as “Milbon”). It sets forth action guidelines for each officer and employee working at Milbon worldwide to practice The Milbon Way. In addition, “constructing a fair and flexible management structure” is included under sustainable business growth in Milbon’s Five Key Challenges. Milbon aims to continuously improve its corporate value by establishing a transparent and fair management structure and acting with high ethical standards.

Milbon Ethics and Code of Conduct

Corporate Governance

For Milbon, enhancing corporate governance is a critical management challenge. Through greater transparency, fairness, and management efficiency, Milbon aims for ongoing improvements to corporate value.

Risk Management

Milbon defines “risk” as matters that could have a significant negative impact on the realization of its management philosophy and business continuity, and has established a basic risk management policy to reduce the likelihood of these risks occurring and to prevent the spread of any damage in the event that a risk materializes and a crisis occurs. Milbon is working to develop and improve its risk management promotion system and framework.

Compliance

Milbon is committed to acting, throughout the value chain, in compliance with laws and regulations of all countries and regions based on high ethical standards that conform with social ethics. The Milbon Way and the Milbon Ethics and Code of Conduct have been established as guidelines that Milbon employees should always keep in the forefront of their minds in order to embody Milbon’s corporate philosophy. To realize this, Milbon is conducting activities to promote compliance awareness among each and every employee.