Education on compliance is principally the responsibility of the Internal Governance Office under the Legal & Compliance Office, which endeavors under the CEO’s guidance to thoroughly inform all executives and employees including those of 32 overseas group companies on compliance matters in order to construct a robust compliance structure. New employees are provided with training in face-to-face sessions while other employees are provided with regular training through e-learning. We also conduct an employee’s survey to check the level of compliance awareness and understanding of the Code of Conduct, and gather opinions on compliance activities. In the survey in 2021, 3,758 employees, a record number exceeding FY2020, responded to the survey, confirming that their awareness of compliance has been increasing.
Compliance Officers conduct annual training for division heads under their direct supervision and other executives. The training is on the topics covered by the Compliance Activity Standards and other related regulations as well as on the prohibition against facilitation payments and bribery of foreign officials, prevention of corruption, such as giving or accepting excessive gifts, unfair competition, corporate scandals and the whistleblower system. Approximately 7,700 executives and employees took part in compliance training during FY2021.
In addition, for the purpose of raising awareness of compliance, we have been distributing an e-mail magazine about compliance to employees once a month since FY2018, and posting and updating compliance-related content on the Intranet. The newsletter also includes compliances news and easy-to-understand explanations of compliance violations that have occurred around the world. It also features columns and case studies to raise awareness of the importance of compliance. Furthermore, we have regularly post compliance-related content to our intranet.