Dec. 28, 2012
Establishment of “Toyo Tires Group Charter of Corporate Behavior” and “Toyo Tires Group Code of Conduct”
OSAKA, JAPAN – 27 December, 2012 Toyo Tire & Rubber Co., Ltd. (Kenji Nakakura, president) announces the establishment of “Toyo Tires Group Charter of Corporate Behavior” and “Toyo Tires Group Code of Conduct” as new Group policies.
The trend in recent years toward tighter international regulations requires enhancement of governance and internal controls as a corporate group. Additionally, in light of environmental and other issues CSR (Corporate Social Responsibility) has become more important than ever.
In such an environment, Toyo Tires realized the need for a set of common action principles to enable all domestic and overseas group companies, officers and employees to conduct business with sincerity and integrity, and has established a new “Toyo Tires Group Charter of Corporate Behavior” and “Toyo Tires Group Code of Conduct,” which place top priority on compliance. In following with the Company Group’s global growth, the Charter and Code will be produced in multiple languages with important criteria clearly articulated in simple, easy-to-understand wording.
The “Toyo Tires Group Charter of Corporate Behavior” sets forth 10 action principles to be shared by each group company. The “Toyo Tires Group Code of Conduct” sets forth 15 rules of conduct for each individual to follow in order to put the Charter into practice, and it also functions as a guideline for each group company to formulate its own individual code of conduct.
Moving forward, the Toyo Tires Group will further reinforce its compliance management under these new action principles while continuing its effort to realize its CSR policy set forth under the Company’s Vision 2020 strategy.
TOYO TIRE & RUBBER CO., LTD. CORPORATE COMMUNICATIONS PLANNING
Osaka Head office Telephone: +81-72-789-9100 Facsimile: +81-72-773-3272
Tokyo office Telephone: +81-3-5822-6621 Facsimile: +81-3-3865-2240