Yokohama Rubber Group Initiative Policy
Yokohama Rubber Group is making every effort to fortify and improve the support system for corporate governance to be established in order to realize management with transparency and fairness under our Corporate Philosophy. Thereby, this is becoming the management body to maintain our ever evolving corporate value in order for our management to continue to win unshakeable credibility.
The Yokohama Rubber Group regards fostering a customer-oriented corporate culture as our first priority, by respecting high standards of corporate ethics and understanding the importance of corporate governance and compliance.
In accordance with the principles of internal control, we make use of necessary committee structures to conduct inspections and follow-ups to ensure fair business practices. We also discuss and prepare countermeasures against potential crises, while always remaining careful to efficiently deal with all possible risks.
Even within this corporate culture, in FY 2013 we received a correction advisory notice and guidance from the authorities concerned due to inappropriate responses to disaster at our domestic factories. In order to achieve thorough legal compliance, we rebuilt our management system to enable all offices to carry out appropriate disaster response and conduct prompt rescue activities, and also implemented additional employee training programs.
It is essential that we further improve governance and compliance not only at our domestic business locations but also at our overseas business locations, in order to operate our business under our goal for FY 2017 that “we will evoke a distinctive global identity in building corporate value and in building a strong market presence.”
To achieve this goal, we strive to promote information-sharing with overseas business locations while also supporting and revising, as necessary, the activities detailed below. We will continuously engage in enforcement and transparency in fighting against corruption such as bribery and complying with competition laws.
Hisao Uchida
General Manager,
Corporate Affairs Department and Corporate Compliance Department
Corporate Social Responsibility Division
Compliance awareness raising through the NO DRUG campaign
YOKOHAMA TIRE MANUFACTURING (THAILAND)
We have conducted regular drug tests on our employees since 2010, in order to improve the health and quality of life of our employees and their families. In FY2013, we administered drug tests to a total of 1,994 employees (96%), and 60 of them (3%) tested positive for drug use. In order to minimize drug abuse, employees who tested positive for drug use were required to participate in a drug dependence prevention program at a hospital. Although Thailand faces great difficulties in eradicating drug-dependency and related problems, we were certified as “White Factory” (Grade C) on March 21, in cooperation with the government-led “White Factory Project”. We will continue to promote the PDCA cycle including conducting drug testing, offering support, and reporting the results.
White Factory Certification Ceremony
To Counter Corruption
Making commodities, information, and money more visible
Suzhou Yokohama Tire Co., Ltd.
As a general rule, we obtain competitive quotes before purchasing any goods. For consumable supplies used on a regular basis, we obtain competitive quotes based on the past year’s consumption, in order to increase year-round purchase agreements. The procurement result for such competitive quote agreements for FY 2013 was 24%.
We also proactively promote central purchasing via YCH (purchase control company), which maintains the stable performance and purchase price of goods by centrally controlling common purchases among all offices in China. In FY 2013 central purchasing accounted for 17% of purchasing.
We employ the separation of purchasing duties between ordering, inspection, and payment, as well as the rotation of said duties. We also share the number of urgent purchases and unchecked purchases at monthly cost meetings so as to decrease unplanned purchases.
In order to prevent corruption, we insist on the transparency of the flow of goods, information, and money by publishing lists of purchase orders.
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Purchase breakdown (FY 2013)
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Purchasing staff