Social
Respect for Human Rights
The basic policy for human rights defined by the “Shibaura Group Standards of Conduct” clearly requires the group to respect basic human rights, to refrain from discriminatory behavior, to reject child labor and forced labor, and to ensure legal compliance. It also underlines respect for diverse individual values and characteristics and for privacy, and that Shibaura Group will not engage in a discriminatory or violent behavior for reasons related to race, religion, sex, nationality, disabilities, age or sexual orientation, or act in a way that ignores human rights, such as sexual harassment and power harassment.
Fair Trade
The company defines the following procurement policy in order to implement fair and equitable material procurement. We also provide employees responsible for procurement activities with training in the Subcontractor Act at appropriate times.
Procurement Policy
Fairness principle
We provide all procurement partners with fair opportunities to compete.
Fair evaluation
We make comprehensive and fair evaluations of quality, price, delivery times, service, stable supply, and environmental awareness.
Partners
We have established and strive to maintain a mutually profitable relationship with procurement partners.
Legal compliance principle
We will fulfill our contractual obligations with procurement partners to observe national and regional laws and regulations.
Green Procurement
We promote procurement of environmentally conscious products.
Quality Assurance
As part of our effort to realize quality assurance from the customer perspective, the Group has established a "Basic Policy on Comprehensive Quality" that will lead the way to improved customer service in terms of product safety and quality (function and performance).
Basic Policy on Quality Assurance
Fully reflecting our corporate principle of respect for human rights, Shibaura Mechatronics Group observes related laws and regulations, and gives top priority to our customers and to providing them with safe, high-quality products and services with advanced functions, and by doing so we aim to contribute to society.
Quality Control System
Our quality management system complies with the ISO9001 international standard. We carry out appropriate reviews at every stage of a transaction: from the initial inquiry and order, during design and procurement, manufacturing and testing, through to installation and service. Individual departments analyze and evaluate customer opinions and monitor changes in market trends, and we use the results to enhance our products and to maintain and improve quality.
Information Disclosure
By enhancing and reinforcing corporate governance, and through timely and appropriate information disclosure that ensures business transparency, we aim to be a company that wins the trust of all people.
Communications with Shareholders and Investors
Shibaura Mechatronics ensure timely and appropriate disclosure of financial information. We hold briefings on our financial results for securities companies, institutional investors and the media every fiscal half.
We position the annual general meeting as an important venue for communication with our shareholders. After it finishes, we usually hold a round table, a social gathering with the president and executives. We were forced to cancel this event in fiscal year 2021, as a measure against transmission of COVID-19, but we very much look forward to holding it again, in due course.
Our other efforts to deepen shareholder and investor understanding of the Group's business include individual IR meetings with institutional investors, and participation in IR forums for individual investors.
Export Control
Shibaura Mechatronics Group observes laws and regulations concerning exports and export transactions, and operates in accordance with all legal requirements, in order to avoid involvement in any transaction that may impair the maintenance of international peace and safety.
All directors and employees are required to observe the “Basic Export Control Regulations”, and to avoid involvement with unauthorized trading.
This is an area where we emphasize education. We deepen basic understanding of export control and awareness of current issues through regular training for all executive and employees, and provide systematic group training courses for managers and heads of departments. Education and individual training is carried out as and when necessary for employees posted overseas, and for mid-career hires.
