Compliance Policy
As a top management priority, OTC strives to encourage compliance.
OTC makes compliance a top management priority. Its Board of Directors monitors compliance with the Code of Business Conduct, which is fundamental to the way we do business. OTC strives daily to promote compliance, based on a system for conducting business in accordance with laws, regulations and social norms, and for taking preventive measures against risks associated with the company's business, as well as prompt and appropriate decision-making and response in the event of an outbreak.
Furthermore, as a specific initiative to this end, OTC has established an Anti-Corruption Policy.
In addition, a Compliance Consultation and Reporting Desk has been set up internally and externally to ensure that management and other business activities comply with laws and regulations and social norms, and to improve the working environment with regard to compliance issues in the course of business. In the event of a consultation or report to the Compliance Consultation and Reporting Desk, or any other case of questionable compliance, the confidentiality of the persons concerned will be strictly maintained, the consultation or report will be thoroughly protected, a person in charge of the investigation will be appointed, the investigation will be conducted and appropriate action will be taken based on the results of the investigation.
The specific details of cases consulted or reported are also reported to the Compliance and Risk Management Committee, which includes all members of the Board of Directors.
Number of cases consulted with or notified to the Compliance Consultation and Reporting Desk in FY2022: 0
