Initiatives for Fair Competition

Fundamental Approach

We are thoroughly committed to our initiatives to ensure the transparency and rationality of transactions to make sure they are appropriate and fair so that no transaction harms the interests of the Company or shareholders, or provokes any concern.

The Hulic Compliance Manual stipulates the following specific matters regarding the establishment of a fair competitive order.

  • Compliance with all applicable laws and regulations and internal rules
  • Compliance with antitrust laws and related regulations
  • Prohibition of bribery, and excessive entertainment and gifts
  • Prohibition of conflicts of interest
  • Compliance to the arm's length transaction principles
  • Prohibition of the provisions of benefits to shareholders
  • Respect for intellectual property rights
  • Appropriate information management

Registration of Pertnership Building Declaration

We registered with the Declaration of Partnership promoted by the Ministry of Economy, Trade and Industry. We are engaged in fair and free competition, appropriate transactions, and responsible procurement.

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