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Corporate Philosophy |
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The Mitutoyo Corporate Philosophy is essentially the perpetual 'core values' that our organization and employees shall uphold.
It unites all the Mitutoyo Companies and their employees throughout the world in a common understanding and commitment.
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To contribute to people's welfare through support of the advancement of Buddhist understanding.
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To see that Mitutoyo excels in its field of expertise and in its business conduct throughout the world.
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To contribute to the wellbeing of society through precision measurement technologies
We shall conduct our business based on the following values to:
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Provide solution engineering to support our client business development
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Contribute globally to the advancement of industrial measurement capability
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Cultivate healthy relationships and common prosperity with trading partners
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Support and promote global peace, human happiness and harmony with the environment.
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Apply business practices that reflect the integrity of Mitutoyo and our world leading brand.
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Nurture a vibrant corporate culture that inspires a passion in our personnel to do their best, to be the best.
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"Good environment, Good people, Good technique"
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"Sincerity, Thoughtfulness, Determined Spirit"
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Mitutoyo Asia Pacific Pte. Ltd. (MAP), Ethical Conduct Code sets forth ethical criteria of
judgment and conduct that all executives and employees at MAP must observe in every aspect of corporate activities. We at
MAP will conduct ourselves in a manner which complies with
the Ethical Conduct Code and choose the ethical way without exception
whenever a business decision involves a conflict between profit and
ethics.
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Relationship with customers
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We will supply our products and services in compliance with both our
internal rules as well as all relevant laws and regulations that apply
to quality, safety, reliability and environmental protection wherever
we operate.
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We will immediately make every effort to prevent damages/losses from
developing and problems from recurring by following these prescribed
measures in case a problem occurs.
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Investigating the facts
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Identifying the cause and the responsibility
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Communicating to those concerned including the parties outside Mitutoyo
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2.
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Relationship with business partners
[1]
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Sales business partners (Business partners associated with sales, e.g. distributors)
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We will enter into contracts fairly with sales business partners in
compliance with relevant laws and regulations and fulfill our
obligations under such contracts.
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We will refer to internal rules when offering entertainment or gifts to
a sales business partner. We will not give accommodation such as rebate
or commission in exchange for a personal benefit.
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[2]
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Procurement business partners (business partners associated with development, purchasing, production and physical distribution)
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We will determine procurement business partners based on rational, fair and transparent criteria.
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We will enter into contracts with procurement business partners fairly in compliance with relevant laws and regulations.
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We will not make use of our advantageous position to impose unfair restrictions or requests on procurement business partners.
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We will refer to internal rules if we receive entertainment or gifts
from a procurement business partner and will strictly behave in a
manner that avoids misunderstanding by a third party.
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3.
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Maintaining and promoting free and fair competition
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We will not behave in a manner that creates obstacles to free and fair
competition in compliance with relevant laws and regulations.
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4.
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Handling of Intellectual property rights
[1]
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Intellectual property rights of Mitutoyo group
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We will appropriately protect and utilize the intellectual property rights of Mitutoyo group.
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[2]
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Intellectual property rights of others
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We will respect the intellectual property rights of others and make every effort not to infringe upon such rights.
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5.
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Handling of confidential information
[1]
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Trade secrets
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We will identify what should be controlled as the trade secrets of
Mitutoyo group in the know how, technical and business information and
protect such trade secrets strictly and appropriately.
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We will strictly protect confidential information of others acquired
through business transactions with them and will not pass such
information to other parties nor we will illegally seek access to trade
secrets of others.
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[2]
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Personal information
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We will strictly and appropriately protect personal information in
compliance with relevant laws, regulations and internal rules.
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[3]
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Insider information
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We will not deal in securities based on insider information.
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Stance to anti-social individual/group
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We will shut out any relationship with corrupt individuals and entities that pose a threat to social order and safety.
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Relationship between the company and employees
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Respect for human rights
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We will respect fundamental human rights and will not behave in a
manner that might imply discrimination or abuse of the dignity of
individuals.
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We will not misuse the power of a superior position nor behave in a
manner that might be considered as discriminatory practice or mental
abuse or physical violence or sexual harassment.
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[2]
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Exclusion of unfair labor practice
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We will abide by labor laws and regulations and will never commit
illegalities such as unfair labor practice, forced labor, or child
labor in any aspect of our corporate activities.
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[3]
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Safety and health at workplace
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We will abide by the related laws and regulations, and maintain and
improve working environments for all employees to protect them from
industrial injury, both physical and mental.
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[4]
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Respect for the opinions of others
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We will respect personality and opinions of others and welcome anyone expressing proposals, concerns, and complaints.
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We will express proposals, concerns, and complaints in a manner which respects the rights and dignity of others.
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We will not allow anyone who expresses opinions to be put at a disadvantage.
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[5]
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Responding to illegal or unethical conduct
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We will inform our immediate superior of the fact or refer it to the
"Helpline" without delay in case we come across any conduct that we
suspect is illegal or violates our ethics policy.
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We will refuse any order to commit illegal or unethical acts, and refer
such incidents to the "Helpline" when put at a disadvantage for our
refusal to commit such acts.
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8.
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Social Responsibility
[1]
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Complying with laws and regulations aimed at contributing towards world peace
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We will comply with all laws and regulations aimed at maintaining world
security and peace. We will not engage in any business transaction that
threatens the maintenance of world peace.
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We will strictly control our export activities, both goods and services
in compliance with relevant laws, regulations and our internal export
control program.
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[2]
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Global environment preservation
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We will make every effort including internal education of employees to
reduce adverse effects on the environment in every aspect of our
business by taking the following measures.
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Energy saving
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Reduction of waste
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Recycling of waste
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We will promote our environmental preservation activities.
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[3]
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Contributing to industry/technology
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We will contribute to the development of science, technology and
industries of the world by advancing the technology of precision
measurement.
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We will contribute to the promotion of science and technology in the world through financial support of institutional research.
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We will positively promote the diffusion and succession activities of
technology and technical skills related to precision measurement.
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Conflict of interest
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Employees will not engage in any activity that might create a conflict
of interest for the company or for themselves individually.
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The board of directors are banned from being involved in our
competitors' business and other businesses whose interests might
conflict with those of Mitutoyo Group without consent of Mitutoyo
Corporation Japan.
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The Ethical Code of Conduct does not necessarily cover all matters with which we
must comply. When encountering problems that are associated with matters not
referred to herein, or those that you cannot judge by yourself, consult with your
immediate superior or a department in charge. |
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Implementation
[1]
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Relationship with the management principles
MAP Ethical Code of Conduct is subordinate to the Management principles of Mitutoyo group and is to be regarded as code of conduct for practicing the six Management principlesguidelines.
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[2]
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Application
The Code will apply to all executives and employees of MAP, including part-timers and temporary workers.
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[3]
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Schedule
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Compilation. The Code and its manual will be compiled and send to Mitutoyo (Japan) for approval by 31 October 2007. Target date of implementation in MAP is January 2008.
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Announcement. It will be officially circulated on the 2 January 2008. |
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Publicity. A special session of morning assembly will be on 2 January 2008 during which the code will be read and explained to all staff. All staff will also be given a personal copy of the Code for their daily reference.
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Follow-up. During subsequent morning assemblies, managers will be requested to speak on the code and to cite specific examples of compliance or failure to comply. Staff speakers will also be urged to talk about the Code.
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