Compliance with the List of Relevant Laws and Regulations
The FANCL Group conducts its operations in accordance with laws and regulations related to business activities such as manufacturing, research, sales, and intellectual property, and decides which departments are affected by the respective laws, to ensure legal compliance. Each year, with the enactment and revision of laws and regulations, departments in positions of responsibility hold training sessions for related departments to educate them about the legal changes and to confirm their compliance.
Click here for more Seminar on Antitrust Laws and the Subcontracting Act
Survey of Business Partners
Under the basic philosophy of coexistence and mutual prosperity with our trading partners, and maintenance of fair and appropriate transactional relationships, the Internal Audit Office in the division that reports directly to the President monitors the state of compliance with laws and regulations such as the Basic Purchasing Policy and Subcontracting Act, through annual surveys of our business partners. These surveys began in 2004. In the fiscal year ended March 2023 (the 19th survey), links to our web-based questionnaire were emailed to 583 business partners. We received replies from 521 companies.
Opinions given in the questionnaire are reported directly to our President on condition of confidentiality after reconfirmation with the business partner. Issues that require improvement are investigated by the Internal Audit Office, after which improvements and corrections are made in collaboration with the relevant departments.
| Number of companies survey sent to | Number of responses | Response rate | |
|---|---|---|---|
| CY2018 |
421 |
421 |
100% |
| CY2019 |
417 |
395 |
94% |
| CY2020 |
571 |
384 |
67% |
| CY2021 |
583 |
492 |
84% |
| CY2022 |
583 |
521 |
89% |
Handling of Antisocial Forces
The FANCL Group stipulates the following basic policies for the elimination of antisocial forces.
We take a resolute attitude towards individuals and groups thought to be antisocial forces, firmly refusing to give in to unreasonable demands, and will not use antisocial forces for personal gain. In addition, we will not conduct any transactions not only with antisocial forces but also with corporations and individuals involved with these forces.
＜Status of preparations towards the elimination of anti-social forces＞
- Measures to prevent transactions with antisocial forces
- When commencing transactions, conduct a close investigation to ensure that there is no relationship with antisocial forces
- Even in the case of established business partners, if they are revealed to have a relationship with antisocial forces, transactions are to be promptly discontinued
- For unknown business partners, transactions are not to be commenced based on personal judgement, but must go through the Purchasing Division - Provision regarding the elimination of antisocial forces clearly indicated on contracts, etc.
- Collaboration with external specialized institutions such as the police
- Formulation of a response manual
- Raising thorough awareness among employees