Fujikura classifies risks to be managed into risks related to business opportunities (strategy risks) and risks related to the performance of its business activities (operational risks). Strategy risks are managed by top executives jointly through the Board of Directors and the Management Committee, while operational risks are managed by the Risk Management Committee based on the Fujikura Risk Management Rules.
With crisis management, we provide information to top management promptly and have established a response organization and a management system in the Fujikura Risk Management Rules.
As for operational risks, we manage a range of incidents daily that take place in our corporate activities, including those related to compliance, quality assurance, environmental management, safety and health, and information security under a system led by in-house organizations specializing in each of the fields. Specifically, the Legal Department, Quality Assurance Division, Global Environment Division, Human Resource & General Affairs Division, System Division, Security Export Administrative Division, and other in-house expert organizations show the values to which society wants companies to adhere to directors and employees. These in-house organizations work to ensure that the directors and employees behave appropriately in compliance with social norms as well as with laws and regulations so that the Company can win even more trust from a range of stakeholders including customers, consumers, employees, business partners, and shareholders.
Protection of intellectual property
Fujikura has been proactively obtaining patents, design rights and other intellectual property rights to secure its business superiority achieved through the results of its research and development efforts, while duly respecting the intellectual property rights of third parties. Against the unauthorized use of our patents, design rights, trademark rights and other rights, we take appropriate actions based on applicable laws.
Our strategic business units (SBUs) regularly hold meetings on intellectual property (IP), and our business, R&D and intellectual property departments jointly conduct activities to build up strategies on intellectual property based on business strategies, "visualize" our position and that of our competitors in terms of patent acquisition, and foster patent filing as part of the effort to meet business challenges while managing intellectual property rights.
Moreover, we regularly hold IP seminars according to the expertise of participating employees, organize meetings for our intellectual property research groups to report their activities, and invite external experts to give special IP lectures to employees, thereby raising the IP awareness of Fujikura Group employees.
Protection of intellectual property
Relationship with Suppliers
Fujikura Basic Procurement Guidelines
|"Fair and square" transactions||
We pursue for procurement transactions with excellent suppliers both in Japan and overseas according to the principle of fair and square competition.
We select suppliers based on the fair evaluation of a variety of parameters including price, quality, delivery term, supply stability, technical abilities and reliability.
|Cooperation based on mutual trust||In all transactions, we conduct business based on the principles of good faith and trust, and strive to build mutually collaborative relationships with our suppliers and other business counterparts based on a win-win philosophy.|
|Observance of laws, regulations and confidentiality||
We observe all applicable laws and regulations in conducting procurement transactions.
Any confidential information related to our suppliers and/or other business counterparts obtained in the course of transactions is not disclosed to any third party with the express approval of the concerned supplier/business counterpart.
Fair and square procurement
The Fujikura Group runs with the support of its suppliers of materials, parts, and equipment.
To build strong relationships of trust with these suppliers through fair, square, and sincere procurement, we have formulated Fujikura Basic Procurement Guidelines and posted them on our website. In addition, we have also formulated a Code of Conduct for the Procurement Division to bring discipline to our activities.
All Group companies regularly participate in seminars on the Japanese Act against Delay in Payment of Subcontractor Proceeds, Etc. to Subcontractors to ensure legal compliance across the Group.
The Fujikura Group asks its major suppliers to introduce CSR activities focusing on the following items, and to this end have established a web page where suppliers can voluntarily check their own progress in CSR activities. The Fujikura Group is thus fostering CSR activities across its supply chain with the understanding and cooperation of its suppliers.
Conflict Minerals Policy
The Fujikura Group is committed to prohibiting the use of materials in its production processes, which are tantalum, tin, tungsten and gold mined in the Democratic Republic of Congo or adjoining countries. All group companies are pledged to discontinue purchase of products that contain conflict minerals.