Anti-Corruption

OISHI operates its business transparently, morally, and adheres to the principles of fairness and incompliance with the Code of Business Conduct while striving to provide maximum values for stakeholders. OISHI’s anti-corruption policy establishes practices to protect against corruption and serve as a guideline for business to create a stable and sustainable future.

OISHI continues to prevent and combat corruption through the review of the Audit Committee. In addition, there will be monitoring, assessment and setting guidelines for managing potential corruption risks by the Sustainability and Risk Management Committee. Significant risks will be reported to the Board of Directors on a quarterly basis, along with guidelines for preventing corruption in the organization. The details are as follows:

1. To set up a course on Anti-Corruption for all executives and employees at all levels.
2. To communicate the complete adherence to the Code of Business Ethics and Anti-Corruption Policy of the Company to executives and employees at all levels.
3. The company will take unequivocally strong actions against people found to have violated the Anti-Corruption Policy.
4. To set up an internal Anti-Corruption monitoring process that works in concert with the existing Internal Audit Department.
5. To communicate unequivocally the Company’s Anti-Corruption Policy to trade partners.