Basic Stance Towards Compliance
By integrating these policies with our Global Internal Reporting System ? adoption of which began in February 2018 ? and implementing them in subsidiaries throughout the world, we believe that we can raise the overall level of compliance in the Yokohama Rubber Group to an even higher level.
Whistle-Blowing System (Corporate Compliance Hotline / General Counseling Room)
A Global Internal Reporting System has been established for overseas subsidiaries that enables the Yokohama Rubber Compliance Department to gain a direct understanding of behavior that violates competition law and behavior relating to bribery through an external contact point. In February 2018, adoption of the new System began in China at the company responsible for overall supervision of our China-based operations and at our tire sales company in China. As of December 2018, preparations were underway for the introduction of hotlines in the Philippines and Thailand. In 2020, we will expand hotlines to other region in an aim to strengthen the governance structure on a global level.
Whistle-Blowing System (Flow chart)
Education and Awareness Raising Activities
Seminars conducted (FY 2018)
|Pre-departure orientation for overseas dispatch for executives||8|
|Pre-departure orientation for overseas dispatch||24|
|Bribery prevention and competition law compliance training||391|
|Occupational accidents and workers' compensation||174|
- Conducted by the Corporate Compliance Department.
Measures against violations
- No sanctions against violations of the Anti-Monopoly Act have been imposed on our company.
- No sanctions against fraudulent accounting practice, discrimination or misconduct in the workplace have been imposed on our company.
- No sanctions against violations of environmental regulations have been imposed on our company.
- No complaints have been lodged over loss of customers’ data.
- There have been no violations of laws relating to the supply of products and services, or their usage.
Two truck tire recalls in the US
- Among some truck tires produced at a plant in the US, tires were released into circulation stamped with an indication lower than the actual reinforcement ply count. There was no impact on the safety because it was only a stamping mismatch.
- A recall was conducted in the US in response to the possibility of inappropriate tread rubber being used for truck tires produced at a plant in the US. Currently, no accidents have occurred with these tires, and the recall is also going smoothly. Recurrence prevention measures have already been completed.