Corporate GovernanceCompliance

The most fundamental thing for a company seeking to fulfill its responsibilities to society is to engage in ethical business activities, including complying with laws and regulations, social norms and internal company rules. Metal One has created codes of conduct for officers and employees, and with the compliance committee—headed by our chief compliance officer—we are putting compliance into practice not just at Metal One Corporation but throughout our Group as well. We have devised various measures to prevent infractions as well as guard against recurrences of infractions. In the belief that compliance protects both the company and individual employees, we foster a compressive awareness of compliance among employees and throughout our Group.
Should a compliance incident occur, we ask employees and Group affiliates to provide reports immediately so that we can handle things in a timely, appropriate manner as a corporate entity. We also provide consulting services so that employees can get guidance about incidents if there is any confusion regarding reporting. We also have contacts in outside law firms that specialize in compliance matters.

Basic Policy

Based on our corporate philosophies and code of conduct, all officers and employees of Metal One Corporation (the “Company”) must comply with all applicable laws, rules and regulations where they operate, international standards and rules, and all internal corporate rules. In addition, all officers and employees of the Company must act in a socially responsible manner by complying with generally accepted standards in the conduct of their business.

Basic Principles
  • To respect human rights, and refrain from discriminating on any basis, and engaging in any form of harassment.
  • To maintain a high regard for environmental considerations in conducting our business operations, and ensure that our business is conducted in an environmentally sustainable manner, and comply with treaties, laws and regulations concerning the environment.
  • To promote fair business practices and comply with trade laws and regulations.
  • To comply with the rules and regulations of international trade.
  • To protect and properly use confidential and proprietary information, protect the rights of the Company and respect the rights of others.
  • To refrain from engaging in insider trading.
  • To avoid conflicts of interest with the Company; maintain a distinction between corporate and private business.
  • To provide financial and accounting records and reports in a timely and accurate manner.
  • To maintain proper legal and ethical standards with respect to gifts and entertainment.
  • To resolutely oppose any organization, group or individual engaged in unlawful activities and do not provide money or other types of economic benefits to them.
  • To promptly report to or consult the superiors, personnel responsible for internal control promotion for each business department, the relevant departments, the Secretariat for the Compliance Committee, or the outside counsel in charge of Compliance, upon discovering or committing any violations of this "Code of Conduct."
Organizational Chart:
Metal One Compliance Systems

Corporate GovernanceInternal Control System

At Metal One, we strive to ensure the reliability of our financial reporting based on our core policy, which calls for a structure in the form of an internal control system that ensures appropriate business operations. We also comply with all laws and ordinances as the business environment changes to maintain the suitability of our business operations. Our Corporate Accounting Department’s Internal Control Unit takes the lead in conducting company-wide internal control assessments to ensure that our financial reporting is reliable and accurate based on the Financial Instruments and Exchange Act.

Corporate GovernanceImproving information security

The convenience of using data in business activities has improved greatly in tandem with advances in IT, but there are increasing risks of issues such as forged or leaked information. Recognizing the importance of proper data management, Metal One has drawn up various inhouse rules, including information security rules, to ensure that we handle data appropriately and maintain and enhance security. Information security administrators, managers and operators are assigned to each department, and regularly check to confirm that their department’s PC and mobile device users are following appropriate security measures. Metal One officially announces basic policies for protecting personal information, and has outlined practical rules for accomplishing this. We ensure that the personal information we possess is handled appropriately and securely.

Corporate GovernanceBusiness Continuity Management

The risk of a major catastrophe is always present in Japan, a country that has many earthquakes and typhoons. If such an emergency occurred and interrupted Metal One’s business activities, supply chains would be cut off, causing enormous damage to our business partners, customers and other stakeholders. The Metal One Group has therefore devised systems for emergency situations designed to ensure that business operations continue, as well as to enable us to quickly resume business operations even if they are disrupted. Our emergency response plan outlines responses for Tokyo headquarters and the Nagoya and Osaka branches immediately following the occurrence of an emergency situation. We have also established our business continuity plan to keep our business operations going or rapidly get them back up and running. Additionally, we have improved business continuity management throughout the company by having employees engage in various kinds of practical drills, among other things, to prepare against unforeseen situations.