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Fujikura Group Code of Conduct

In order to embody the MVCV Group management philosophy, we must not only act in accordance with standards of conduct that enhance the corporate value of the Fujikura Group, but also act in a manner that does not damage the corporate value we have built up over the years.
To this end, we have established the principles of conduct that each and every employee should observe as the "Group Code of Conduct" and are promoting group-wide efforts to establish corporate ethics.

Fujikura Group Code of Conduct

1.Code of conduct for ensuring employees’ wellbeing and creating a safe, secure and pleasant work environment
 1.1 Compliance with labor laws and managing health and safety
 1.2 Respect for human rights and diversity
2.Code of conduct for ensuring each employee performs operational procedures properlyCode of conduct for ensuring each employee performs operational procedures properly
 2.1 Promotion of responsible job performance and communication
 2.2 Ensuring quality assurance
 2.3 Compliance with accounting and tax rules and establishment of an internal control system
 2.4 Corporate asset management and asset value protection
 2.5 Ensuring information security through appropriate document and data management
 2.6 Proper intellectual property management
 2.7 Thorough trade contro
3.Code of conduct for maintaining relationships with business connectionsCode of conduct for maintaining relationships with business connections
 3.1 Keeping promises to customers
 3.2 Sound relationships with customers and fair competition
 3.3 Ethics and compliance requirements for sound relationships with distributors
 3.4 Sound relationships and appropriate transactions with suppliers
4.Code of conduct for communicating with and contributing to the development of communities and societyCode of conduct for communicating with and contributing to the development of communities and society
 4.1 Contribution to and coexistence with the local community and society through business activities
 4.2 Active and appropriate communication with society
 4.3 Reduction of environmental footprint and realization of a sustainable society
5.Code of conduct for increasing shareholder value and for dialogue with investorsCode of conduct for increasing shareholder value and for dialogue with investors
 5.1 Timely and appropriate disclosure of information
 5.2 Fair and transparent decision-making
6.The basic code of conduct for compliance
 6.1 Ensuring correct action and compliance with laws and regulations and internal rules

Management Structure

Compliance with various laws and regulations by Fujikura employees and other persons engaged in Fujikura operations is overseen by the Risk Management Committee, which is chaired by Director, President and CEO. In FY2022, we will hold a Risk Management Committee meeting in February, where relevant departments will report on cases and various measures related to legal compliance, identify issues, and share information.

Whistleblower System

The Fujikura Group operates an Whistleblower system that stipulates protection, confidentiality and prohibition of disadvantageous treatment of whistleblowers. The purpose of this system is to detect and respond quickly to fraud / compliance, harassment, violation of work rules, etc. In Japan, in addition to the internal contact point, an external contact point has been set up by an external lawyer to receive reports from Fujikura Group employees.
In addition to the reporting contact established by each overseas subsidiary, a reporting contact has been established with an external specialized company to establish an internal reporting contact at the Fujikura Group's overseas locations.

[Number of Whistleblower Reporting and Counseling]

FY2018 FY2019 FY2020 FY2021 FY2022
37 47 41 28 32

Compliance with the Competition Law

At the meeting of the Board of Directors held on September 28, 2009, participants passed a resolution on the Fujikura Anti monopoly Act Compliance Program with a view to ensuring compliance with the law through the announcement by the President of the company's commitment to compliance and also through the provision of relevant instructions to all directors and employees as well as through the enhancement of our in-house compliance system.

Measures Taken

  • The Board of Directors resolved never to take part in cartels in the future. (Mar. 2009)
  • Established the Fujikura Anti monopoly Act Compliance Program (Sept. 2009)
  • Established banning activities that violate relevant departments (Dec. 2009)
  • Launched e-learning education, which is provided at least once a year (Feb. 2010)
  • Established a whistle blower system
  • Regularly provide education and training on anti monopoly- and competition-related laws and regulations

Implementation of Regular Audits and E-Learning

The Fujikura Group regularly conducts audits in order to confirm the internal compliance system and compliance status of the Fujikura Anti-Monopoly Compliance Program.
Fujikura established regulations on contact standards with competitors as the lower regulations of the Fujikura Anti-Monopoly Compliance Program and imposes certain limits and standards when employees have contact with competitors. As an ongoing effort every year, we conduct e-learning on Japan’s Antimonopoly Act for those targeted employees in Group. We will continue to hold such e-learning education in the future.
In FY2022, e-learning training (study and test) on antitrust law was provided to Fujikura Group subjects. 2,457 employees participated in the training, for a total of 3,685 hours of training. In addition, education and training on antitrust and competition laws were provided in rank-based training programs.

Violations in FY2022


The Fujikura Group Anti-Corruption Policy was approved by the Board of Directors and the Managing Directors Meeting and was established on April 1, 2014. After that it was revised 2nd edition on June 2020. The Fujikura Group disseminates information on this policy in the group. This policy also regulates compliance in the supply chain.

The Fujikura Group Anti-Corruption Policy

The directors, officers and employees of Fujikura Ltd. and its global subsidiary companies (hereinafter “Fujikura Group,” and when referring to the directors, officers and employees of Fujikura Group, “Fujikura Group Members”) comply with applicable laws and regulations related to the prevention of bribery in all countries and areas where Fujikura Group conducts business activities (hereinafter “Anti-Corruption Laws”; the term Anti-Corruption Laws includes, but is not limited to, each country/area’s Criminal Law, Unfair Competition Prevention Act, FCPA, Bribery Act 2010, and the like; furthermore, in addition to the relevant country/area’s laws and regulations, the term Anti-Corruption Laws also includes the situation where another country/area’s laws and regulations, are applied extraterritorially or on some other basis). In addition, Fujikura Group Members comply with the Fujikura Group Anti-Corruption Policy (hereinafter “this Policy”).
This policy was revised on June 1, 2020 to state that business entertainment and gifts should be properly handled, even when there are no violations of laws and regulations.

Education on Anti-corruption

Every year we hold at least one session of e-learning comprising learning and comprehension test in order to develop the understanding of the Fujikura Group anti-corruption policy and raise awareness about anti-corruption examples(ex. anti-bribery) among officers and employees.
In FY 2022, the number of participants was 4,053, and the total course time was 6,079 hours.

Assessing the risk of corruption in our business

Risk assessments will be conducted as appropriate, primarily by the Legal Office. The risk assessment is based on the external environment, including national, regional, and industry conditions; the degree of contact with public officials, etc. (licensing, customs clearance, etc., customers, etc.); the maintenance and penetration of internal rules; and the status of training.

Anti-corruption Initiatives in the Supply Chain

The Fujikura Group includes provisions on anti-corruption and exclusion of anti-social forces in the basic business agreements it concludes with suppliers for the procurement of materials and components.
On April 2, 2010, we established the Fujikura Group Procurement Division Code of Conduct in an effort to prevent fraud and corruption in procurement and we are making efforts under it to prevent a breach of duties. In addition, we have established guidelines on establishing appropriate relationships with business partners, and we promote fair and equal procurement activities through regular training provided to employees. The Fujikura Group CSR Procurement Guidelines include provisions prohibiting corruption and bribery and abuse of an advantageous position to prevent corruption, including among suppliers.

Prevention of Insider Trading

The Fujikura Group has established Rules on Management of Internal Information to clearly delineate the internal structure for compliance with rules of information disclosure designed to ensure fair and impartial markets, and to prevent insider trading by officers and employees.

Education on Preventing Insider Trading

Fujikura began providing a new e-learning course (study and testing) for officers and employees in fiscal 2020 to ensure knowledge of and strict compliance with laws and regulations on insider trading.
In FY 2022, the number of participants was 2,571, and the total course time was 1,928 hours.

Export Control

Export control (security trade control) refers to efforts to prevent sophisticated cargoes and technologies possessed by developed countries from passing to countries of concern that are involved in the development or manufacture of weapons of mass destruction, etc., or to organizations of concern such as terrorists. The Fujikura Group has established the "Fujikura Group Basic Policy on Export Controls" to ensure that the entire Group is committed to export controls (security trade controls) under the international community.

Basic Policy of the Fujikura Group for Export Control (Established in October 2015)

  • We make it the basic policy of the Fujikura Group companies not to participate in transactions with a possibility of undermining maintenance of international peace and safety.
  • We comply with the laws relating to the export control which are applicable in the country or area where the group companies each does business activities.
  • In order to comply with the above-mentioned basic policy and laws, the group companies each will establish its system and rule for export control.

Export Control Management Structure

Fujikura has established an export control system in accordance with various laws and regulations enacted based on the international framework (International Export Control Regime). The chief executive officer in charge of export control is the President and CEO, and the executive officer in charge of the Export Control Office assists the President and CEO. Under the guidance and supervision of the executive officer, the Export Control Office performs duties related to export control from a company-wide standpoint. The executive officer in charge of each business division is responsible for export control operations in each business division, etc.
 In addition to the above structure, the Export Control Office holds liaison meetings three times a year with export control staff from throughout the company to share information on the status of export control implementation and to raise the awareness and knowledge level of export control staff.

Export Control Management Structure

Awareness Activities Internally

Category Details
1. Internal training For export control to function properly, it is important that all employees have knowledge of export control. We will continue to provide export control education on an ongoing basis. Below are the results for FY2022.
Mandatory participation (e-learning training):
・Target: All employees belonging to Fujikura Ltd.
・Course name: Basic export control course (e-learning training)
・Number of participants: 2,509
Optional courses (e-learning training, web conference method)
・Target: Employees belonging to Fujikura Ltd. and its group companies
・Course content: Various themes (basic knowledge, compliance judgment, transaction review, U.S. EAR, etc.) and content suited to the content of the job
・Number of participants: 1634 in total
2. Internal audits Internal audits of all divisions in Fujikura are performed through a combination of written audits and onsite audits (including audits were performed via Web conferences).
3. Streamlining of export control operations We aim to streamline operations by systemizing export control with the help of IT, including applicability transaction review, determination of regulated goods* and screening of problem customers.
* Determining whether goods for export or technologies for provisions (including programs) are found on lists of regulated items.
4. Expansion of export control staff In FY2022, due to the prevention of new coronavirus infection, we were unable to visit Group companies to provide guidance and education on export control, but we are confirming the details of operations and management systems through documents and other means.
5. Professional certification for export control employees Fujikura's export control staff aims to professionalize its operations, and employees certified as security trade managers by the Center for Information on Security Trade (CISTEC) provide numerous consultations from within the company.

Serious Legal Violations in FY2022 (Fujikura Group)

As a result of efforts in fiscal 2022, there were no cases of serious legal violations.