Initiatives for Governance
Corporate Governance
The IDEC Group believes that securing management transparency and efficiency for all our stakeholders is the basis of corporate governance. To this end, we implemented the corporate officer system in 1998. We clarify our system wherein the CEO or executive officers who have been transferred authority from the CEO primarily carry out the execution of work, and the Board of Directors primarily makes decisions in management and supervises the execution of work performed by the CEO or executive officers. This not only separates the functions for work execution from supervising, but also aims for efficient management. Also, to ensure even further management transparency, we actively assign and appoint outside directors, further improving the supervisory and auditing function for the execution of work.
Compliance
See here for an introduction of our efforts involved in compliance.
Risk Management
See here for an introduction of our risk management system and structure for consultation and whistle-blowing.
IDEC Group Corporate Ethics and Code of Conduct
The IDEC Group has the "IDEC Group Corporate Ethics and Code of Conduct" as our common action guideline.
Intellectual Property
The IDEC Group has been committed to the “Respect for Intellectual Property Rights” in the Group Corporate Ethics and Code of Conduct and has established the following.
- We comply with the laws on intellectual property rights, respect intellectual property rights of third parties, and do not infringe on the rights of others.
- The results of business activities are protected and utilized as intellectual property rights, and contribute to the development of industry. We exercise our rights properly and do not abuse them.
To maintain this spirit, we regularly conduct intellectual property training for employees .