Charter of corporate behavior

Charter of Corporate Behavior

Yushiro Group strives to satisfy the corporate philosophy of "The Way of Mutual Progress". Therefore, all corporate activities are planned and enforced to gain the respect of all the stakeholders of our group, backed by the goal for sustainable development.

Corporate activities are a product of each and every behavior and action taken by each and every one of its employees. Therefore, it is indispensable that all employees abide by the law and regulations to ensure that the company is favorably accepted by all stakeholders, as we actualize our ideals toward the "The Way of Mutual Progress". Similarly, it is vital for all employees to observe in-house regulations, and take action within bounds of social ethics, as well. Simply put, this points to the need to thoroughly practice "compliance".

Yushiro Group has constantly revised and improved in-house regulations, and held various in-house training programs, to remain a good corporate citizen through their actions. However, Yushiro has decided that more should be done by systematically organizing the company's compliance system. These items in which we expect our employees to practice have been defined in the "Yushiro Group Charter of Corporate Behavior". The Charter comprehensively documents the indices in which all Yushiro Group employees should undertake.

Yushiro's corporate activities strive to maintain great respect from all our stakeholders with our employees acting in compliance with the "Charter of Corporate Behavior".

March 25, 2008

Yushiro Group Charter of Corporate Behavior