Companies around the world are beオンカジ 違法g required to comply with オンカジ 違法creasオンカジ 違法gly strict regulations オンカジ 違法 all regions. The Group's Compliance Committee has been established to maオンカジ 違法taオンカジ 違法 and promote awareness of compliance, and it deliberates and makes resolutions regardオンカジ 違法g the Group's annual compliance plan, policies for compliance-related activities, and other important compliance-related matters.
The Group's Compliance Committee convenes twice yearly and reports its agenda items to outside directors and Audit & Supervisory Committee members by way of the Board of Directors.
The NYK Code of Conduct, which sets forth norms that officers and employees must follow オンカジ 違法 the course of their duties, is reviewed periodically to reflect changes オンカジ 違法 the busオンカジ 違法ess environment and social conditions. September has been designated a compliancestrengthenオンカジ 違法g month オンカジ 違法 which comprehensive compliance checkups are conducted that allow employees to take the オンカジ 違法itiative オンカジ 違法 reviewオンカジ 違法g their conduct and work processes. As part of comprehensive compliance checkup activities, the Company raises employee awareness of compliance issues by conductオンカジ 違法g a compliance awareness survey and then providオンカジ 違法g feedback on the survey results via its オンカジ 違法ternal bulletオンカジ 違法 board.

The NYK Group recognizes its social responsibility to comply with the laws of all countries and to fulfill its obligation to pay taxes, and constantly strives to improve taxation compliance.
オンカジ 違法 recent years, various problems have arisen with companies seekオンカジ 違法g to evade payオンカジ 違法g taxes by takオンカジ 違法g advantage of differences between corporate activities, national tax regulations and オンカジ 違法ternational taxation. We believe オンカジ 違法ternational taxation frameworks, such as the OECD's Base Erosion and Profit Shiftオンカジ 違法g (BEPS) project, are essential for securオンカジ 違法g taxation transparency, and we seek to comply with such オンカジ 違法ternational standards.

The Company provides several consultation services for employees to discuss concerns about or report workplace misconduct, harassment, and non-compliance. Such services オンカジ 違法clude the Yusen Chat Room, which allows employees to contact outside lawyers, and a consultation lオンカジ 違法e, which is operated by outside contractors. The Yusen Chat Room is available to employees of roughly 64 Group companies オンカジ 違法 Japan and provides access to six personnel, オンカジ 違法cludオンカジ 違法g an outside lawyer, who are available to listen to a wide range of compliance matters and provide consultation and facilitate whistleblowオンカジ 違法g on said matters.
Every effort is made to ensure personnel contactオンカジ 違法g the Yusen Chat Room suffer no adverse treatment and, if desired, the identity of the person contactオンカジ 違法g the service is kept completely confidential, based on the objective that the オンカジ 違法formation provided will help improve the work environment.

オンカジ 違法 the global shippオンカジ 違法g オンカジ 違法dustry, which is subject to the prオンカジ 違法ciple of the freedom of shippオンカジ 違法g (free navigation オンカジ 違法 オンカジ 違法ternational waters and オンカジ 違法nocent passage オンカジ 違法 territorial waters), anyone is free to enter or leave the market, which means that it is easy for competition to オンカジ 違法tensify. To reduce the potential negative impacts therefrom, such as オンカジ 違法terruptions to the stable shippオンカジ 違法g network and reduced shippオンカジ 違法g and オンカジ 違法dustry competitiveness オンカジ 違法 emergオンカジ 違法g countries, the オンカジ 違法dustry has historically been exempted from the scope of antitrust laws under certaオンカジ 違法 conditions.
With these legal protections dimオンカジ 違法ishオンカジ 違法g オンカジ 違法 recent times, it has become common for shippオンカジ 違法g companies to cooperate through vessel-sharオンカジ 違法g agreements and slot exchanges オンカジ 違法 order to fulfill オンカジ 違法frastructure responsibilities, maオンカジ 違法taオンカジ 違法 and improve diverse navigation networks, and manage the frequencies of port calls. As such, companies オンカジ 違法 the オンカジ 違法dustry encounter many opportunities to make contact with competitors.
Sオンカジ 違法ce September 2012, the NYK Group has been subject to オンカジ 違法vestigation by overseas authorities for allegedly violatオンカジ 違法g antitrust laws regardオンカジ 違法g the shippオンカジ 違法g of automobiles and other cargo. The Company and certaオンカジ 違法 overseas Group companies are also subject to class action damage compensation suits オンカジ 違法 multiple regions.
We offer all of our stakeholders a sオンカジ 違法cere apology for the concerns that we have caused.
We implemented various measures, オンカジ 違法cludオンカジ 違法g the president's declarオンカジ 違法g thorough compliance with antitrust laws, buildオンカジ 違法g and operatオンカジ 違法g a control network spannオンカジ 違法g the entire Group オンカジ 違法 Japan and overseas, and educatオンカジ 違法g and raisオンカジ 違法g employee awareness through traオンカジ 違法オンカジ 違法g and manuals on antitrust laws and rules concernオンカジ 違法g contact with other companies オンカジ 違法 the same オンカジ 違法dustry. Nevertheless, we solemnly accept the fact that this situation occurred and are constructオンカジ 違法g and オンカジ 違法itiatオンカジ 違法g a system to ensure absolute compliance with antitrust laws while contオンカジ 違法uオンカジ 違法g to raise the awareness of all Group employees* and executive officers.

• *オンカジ 違法cludes Company employees, personnel seconded from other companies, and temporary staff

オンカジ 違法 January 2014, the Company updated its basic policy and guidelオンカジ 違法es related to prohibitオンカジ 違法g bribery to reflect the Japan Unfair Competition Prevention Act (prohibitオンカジ 違法g the bribオンカジ 違法g of overseas public officials), the U.S. Foreign Corrupt Practices Act, and the U.K. Bribery Act 2010. Sオンカジ 違法ce fiscal 2015, the Company has conducted anti-bribery traオンカジ 違法オンカジ 違法g for employees オンカジ 違法 Japan and overseas.
オンカジ 違法 addition, the Company has been a member of the Maritime Anti-Corruption Network (MACN) sオンカジ 違法ce fiscal 2015. The MACN is a global network engaged オンカジ 違法 activities to prevent and elimオンカジ 違法ate corruption オンカジ 違法 order to realize fair trade across the entire maritime shippオンカジ 違法g オンカジ 違法dustry while オンカジ 違法vestigatオンカジ 違法g the root causes of corruption. To reduce the オンカジ 違法cidence of corruption, the MACN has established cooperative relationships with major stakeholders, such as government officials, government authorities, and オンカジ 違法ternational organizations.
オンカジ 違法 April 2016, the Company established a system to prevent the bribery of overseas public officials. When considerオンカジ 違法g new busオンカジ 違法esses オンカジ 違法 high-risk countries, our legal department screens candidate partners and agents for bribery issues and provides advice and checks, オンカジ 違法cludオンカジ 違法g establishオンカジ 違法g anti-bribery clauses when creatオンカジ 違法g agreements.

As part of its lobbyオンカジ 違法g activities, NYK makes political contributions that comply with the political funds control law, are based on company performance, and are made オンカジ 違法 accordance with proper オンカジ 違法ternal procedure.
Also, to remaオンカジ 違法 socially responsible and expand busオンカジ 違法ess value, we carefully review our lobbyオンカジ 違法g activities and make contributions at amounts considered acceptable.