Foundations of management

[Respect for the Law]

Izumi is determined to comply with the letter and spirit of the law, in and outside of Japan, and to be fair and transparent in all its dealings.

[Respect for Others]

Izumi is respectful of the people, culture, and tradition of each region and country in which it operates. It also works to promote economic growth and prosperity in those countries.

【Safety first】

Izumi aims to create a corporate culture that places a top priority on maintaining safety in all areas and focuses on mutual courtesy and safety as well as realizing workplaces where associates work each day with a sense of happiness and pride. 

[Respect for the Natural Environment]

Through its corporate activities, Izumi works to contribute to regional living conditions and social prosperity and also strives to offer products and services that are clean, safe, and of high quality.

[Respect for Employees]

Izumi nurtures the inventiveness and other abilities of its employees. It seeks to create a climate of cooperation, so that employees and the Company can realize their full potential.

[Compliance]

・We comply with local, national, and international laws, regulations and rules as well as the spiritthereof, and conduct our corporate activities with honesty and integrity. We also respect theculture and history of each country and region and maintain the highest ethical standards.
・We do not violate any laws, including competition laws, anti-bribery laws, export control laws,intellectual propertyprotection laws, and data protection laws covering personal information.

[Respect for Human Rights]

・ Based on international standards including the International Bill of Human Rights andthe International Labour Organization’s Declaration on Fundamental Principles and Rights atWork, we respect the human rights of all people.

[Risk Management]

・We conduct thorough and organized risk management and prepare ourselves for threats to civillife and corporate activities, such as terrorism, cyber-attacks, natural disasters, pandemic andsupply-chain risks.

[Role of Top Management]

・Our management recognize that it is their role to realize the spirit of this policy, build effective governance systems for the conduct of business, and strive to raise awareness of the policy’s spirit within the corporation and the entire corporate group.
If a violation of this policy occurs, our management proactively take responsibility to respond to the situation, including resolving the problem, investigating the causes, and preventing the problem from recurring.

<Customers>

・Based on our philosophy of “Customer First,” we develop and provide innovative, safe, and high-quality products and services that meet a wide variety of customers' demands to enrich the lives of people around the world.

・We respect our employees and encourage personal growth for our employees under our belief that the success of our corporate activities is led by nurturing each individual's character and abilities, and realization of the corporate group's full potential.
・ We support equal employment opportunities and diversity for our employees and strive to enhance our team strength.
・We strive to provide fair working conditions and to maintain a safe and healthy working environment for our employees.
・Through communication and dialogue with our employees, we build and share the value of “Mutual Trust and Mutual-responsibility” and work together for the success of our employeesand the corporation.

・We respect our suppliers, dealers, and other business partners, and work with them through long-term relationships to realize mutual growth based on mutual trust.
・Whenever we seek a new business partner, we are open to any and all candidates, regardless of nationality or size, and evaluate them based on their overall strengths.

<Shareholders>

・We strive to enhance corporate value while achieving stable and long-term growth for the benefit of our shareholders.
・We provide our shareholders and investors with timely and fair disclosure on our corporate information through open and constructive dialogue.

[Environment]
・We aim for growth that is in harmony with the environment by seeking to minimize the environmental impact of our corporate activities, such as by working to reduce the effect of our vehicles and operations on climate change and biodiversity. We strive to develop, establish, and promote technologies enabling the environment and economy to coexist harmoniously, and to build close and cooperative relationships with a wide spectrum of individuals and organizations involved in environmental preservation.

[Community]
・We operate our business so as to earn the trust of respective communities by honoring the cultures, customs, histories, and laws of each country.
・We constantly search for safer, cleaner, and superior technologies that meet the evolving needs of society.

[Social Engagement and Contribution to Development]
・Wherever we do business, we actively engage in community involvement activities and contribute to community development, both individually and with partners for mutual prosperity with local communities.

・We recognize that our corporate activities ranging from research, development, and procurement to the provision of products and services, may directly or indirectly affect human rights

・We respect internationally recognized human rights, including prohibition of forced labour and child labour, right to freely associate or not associate, and elimination of discrimination, expressed in the International Bill of Human Rights and the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work. We also support the United Nations Guiding Principles on Business and Human Rights and strive to put them into practice.

・This policy applies to all executives and employees of the Toyota Industries Group. We also expect all our business partners, including suppliers, to understand and support this policy

・We establish and continuously implement a human rights due-diligence process to identify, prevent, mitigate negative impacts on human rights related to our corporate activities and account for how we address them based on the United Nations Guiding Principles on Business and Human Rights.

4. Correction and remediation

・We endeavor to correct and remedy any negative impact on human rights through appropriate means where we identify that we have caused or have been involved in such case. We also establish consultation service for individuals and communities who may have been adversely impacted.

・We conduct appropriate education and awareness raising activities to our executives and employees and strive to prevent negative impacts on human rights through the dissemination of this policy.
We also reflect this policy in related policies and necessary procedures to embed it throughout our corporate activities.

6. Monitoring and information disclosure

・We continuously monitor the status of compliance with this policy and make improvements as necessary. We also periodically disclose the status of initiatives related to human rights through our website, integrated report, and other communication tools

7. Dialogue with stakeholders

・We engage in dialogue and consultation with relevant stakeholders to identify negative impacts on human rights and address to them appropriately.