| We, the MRC group companies, have reviewed the way we conduct business in the light of structural changes in the social and economic systems within which we and other companies operate, the rapid internationalization of business and corporate social responsibility. Accordingly, we have determined and articulated the following nine (9) principles as our Corporate Ethics Policy, to ensure that the MRC group companies will continue to earn the public trust as companies of benefit to society and thereby continue to prosper. |
1.
Striving for Products and Services of the Best Quality
We will strive to provide our customers with satisfying products and services of the highest quality.
2. Respect for Relationship with Stakeholders
We will respect our relationships with our stakeholders, including shareholders, investors, customers, consumers, vendors, suppliers, local communities and employees, and will strive to maintain relationships that are both appropriate and friendly.
3. Fair, Transparent and Free Competition
We will engage in fair, transparent and free competition in the market and will maintain sound and appropriate business relationships with our competitors.
4. Respect for Dignity of Individuals
In all of our business activities, we will respect human rights, dignity and individuality. We will respect the dignity and individuality of our employees and strive to provide a safe and worker-friendly environment for them.
5. Disclosure of Information and Proper Handling of Confidential and Personal Information
We will disclose information regarding our business activities and management that is genuinely required by society in a timely and appropriate fashion. At the same time, we will exercise due care in the acquisition, use and disclosure of important proprietary information, trade secrets, personal information and customer information.
6. International Cooperation and Respect for Different Cultures
As our business activities become increasingly international, we will respect the integrity of the cultures and customs of the countries where we engage in business activities and comply with applicable laws and regulations.
7. Positive Approach to Safety and Environmental Matters
Based upon our understanding that addressing safety and environmental issues is critical to our corporate existence and activities, we will make safety our goal and strive actively to protect the environment.
8. Respect and Stress on Social Justice
As good corporate citizens, we will comply with laws and regulations and demonstrate our commitment to social justice by taking action against anti-social behavior and organizations acting against the public interest.
9. Penetration and Full Execution of this Policy
Based upon our understanding that realization of the goals described in this Policy is essential to the management, existence and prosperity of the MRC group companies, our top management will take the initiative in establishing internal organizations that will have responsibility for the execution of the Policy and will keep people throughout the MRC group informed regarding the Policy. |
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