Our Group (Pacific Sowa Corporation, Pacific Steel Mfg. Co., Ltd., Pacific Special Alloy Castings Co., Ltd., and Yonago Steel Co., Ltd.) established the Group Code of Conduct to share the values that executives and employees must adhere to in order to contribute to a sustainable society and continuously enhance corporate value as part of practicing sustainable management. All executives and employees of the Group shall comply with the following code of conduct in the execution of their duties.
Development and Provision of High-Quality Products and Services
We create innovations and solve societal challenges through digital transformation (DX), while consistently providing high-quality and safe products and services. By doing so, we satisfy and earn the trust of our stakeholders and achieve sustainable growth.
Fair Business Practices
We comply with laws and regulations, including competition laws, economic security, intellectual property protection, anti-bribery, insider trading, and conflicts of interest, both in Japan and in the countries and regions where we conduct business. We establish systems to ensure fair and equitable transactions throughout our supply chain.
Proper Information Management and Disclosure
We implement appropriate information security measures to manage and protect important information. At the same time, we disclose accurate information to stakeholders in a timely and appropriate manner and actively engage in open communication.
Respect for Human Rights
We understand and respect internationally recognized human rights, declare our commitment to these principles, and create a workplace environment that prioritizes health and safety of the workplace.
Development of Talent that Respects Diversity
We develop individuals who are open-minded and capable of thriving in the international community, establish human resource and compensation systems that achieve a life-work balance, and respect the diversity and autonomy of our employees. We also support their career development, skill enhancement, and capacity building.
Coexistence and Mutual Prosperity with Local Communities
We understand and respect the cultures and customs of the regions where we operate, engage in broad dialogues, and contribute to their development through our business activities, social contribution initiatives, and other related activities.
Environmental Management
We consider addressing environmental issues as an essential requirement for business continuity and actively strive for energy conservation, resource reduction, and waste minimization to protect the global environment as well as the preservation of biodiversity and natural habitats.
Thorough Crisis Management
We establish an organizational crisis management system to prepare for actions by antisocial forces, terrorism, cyberattacks, natural disasters, and other threats to civil life and business activities.
Group Governance
We establish a group governance system to promote the long-term development of the Group by leveraging synergies among group companies.
Responsibilities of Top Management
The top management of each group company shall comply with this code of conduct, lead by example, and establish systems to ensure soundness, efficiency, transparency, and effectiveness in management. Utilizing the internal reporting system, we will promptly investigate the cause of any code violations, work to prevent recurrences, and fulfill our responsibility to disclose accurate information and provide explanations.
