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JEOL Group Global Code of Conduct

To All JEOL Group Members

Since its founding in 1949, the JEOL Group has been expanding its business activities globally, with a strong desire to support science and technology worldwide, pushing forward with the development of cutting-edge scientific and metrological instruments, semiconductors, and industrial equipment. The JEOL Group aims to become a global leader that co-creates innovation with customers who challenge cutting-edge technology. With our diverse human resources bringing various backgrounds, experiences, nationalities, identities, and ways of thinking and playing active roles, it has now become a corporate group that has a total of over 4,000 personnel. To support this organization and to conduct business with integrity while adhering to compliance on a global scale, we need ethical standards that form the foundation of our business activities.

The JEOL Group Global Code of Conduct stipulates the basic principles of corporate activities that all our officers and employees must observe to further embody our management philosophy of contributing to scientific progress and social development, along with the standards of judgment and behavior that must be observed in various situations as the Group conducts its business activities.

The purpose of this Code of Conduct is to serve as a foundation for all the officers and employees of the JEOL Group to make ethical business decisions, and to ensure safety and happiness; to respect the global environment and future society to realize a sustainable society. In addition, this Code of Conduct clarifies the criteria for the company to continue to operate, promotes the establishment of a corporate culture, and enables the JEOL Group to conduct unified business activities.

We should always keep this Code of Conduct in mind. As an officer or employee of the JEOL Group, if you have any doubts in your decision-making, please follow this Code of Conduct. I hope that it will be a good guide for you.
Let's work together and carry out the desired activities so that the JEOL Group can continue to contribute to the advancement of science and the development of society.

Izumi Oi
President & CEO
JEOL Ltd.

General

This Code of Conduct sets forth the basic matters that must be observed to contribute to society in accordance with the conscience of a corporate citizen as the foundation of all business activities.
It is positioned as an internal standard following JEOL's management philosophy and reflects the laws and regulations to be observed in the business activities of the JEOL Group (JEOL Ltd. and its subsidiaries) and other social activities, actions that constitute the values and judgment standards to be observed, and other social demands, and it demonstrates honest and appropriate behavior.

Assumptions and Principles

We assume the following in all actions:

  • Be sincere

  • Be fair

  • Work together

  • Fulfill social responsibility

  • Speak up

Scope

This Code of Conduct applies to officers and employees (including directors, audit & supervisory board members, executive officers, advisors, permanent employees, contract employees, part-time employees, temporary assignees, and temporary employees) who work at the JEOL Group and companies controlled by the JEOL Group.

Reporting and Measures

Officers and employees must promptly report any behavior or situation that may violate this Code of Conduct to their supervisor or designated point of contact. If a violation is confirmed, JEOL may take strict measures from caution to disciplinary action (such as pay reduction, suspension, and termination) according to the severity of the violation.

  • The code and actions to be observed in dealing with each stakeholder (customers in each country, shareholders, investors, business partners, local communities, etc.) are hereby presented.

1. Relationship with Society

(1) Dealing with treating and giving gifts

Code We comply with relevant laws and regulations and the internal rules of our business partners when entertaining customers or providing and receiving gifts and only do so within the scope of sound business practices and social common sense when it is necessary for our business activities.
Required conduct
  • We do not entertain or offer gifts to customers related to improper or unfair requests or treatment. In addition, we do not accept entertainment or gifts in return for improper or unfair requests from other parties.

  • When providing or receiving entertainment or gifts, we report and consult with our superiors and handle the situation carefully.

  • We are always mindful of social norms and refrain from any behavior that could be misinterpreted. If the entertainment we receive deviates from social norms, we decline it on the spot.

(2) Banning relationships with antisocial forces

Code We take a resolute stance against antisocial forces and organizations that threaten the order and safety of civil society in cooperation with the police, industry groups, and local companies, and have no direct or indirect relationships with them.
Required conduct
  • We resolutely deal with antisocial forces and organizations and individuals related to antisocial forces, and do not respond to unreasonable demands, have no relationship with antisocial forces or organizations, and do not engage in any transactions.

  • In accordance with the purpose of related laws and regulations, we avoid engaging in antisocial acts that utilize these forces for the benefit of JEOL or ourselves.

(3) Relations with politics and administration

Code We maintain sound and sincere relationships with public institutions and employees in each country, comply with relevant laws and regulations, and strive to prevent fraud from occurring.
Required conduct
  • We do not make inappropriate political donations or other payments that violate laws, regulations, or sound business practices and that deviate from accepted social norms, such as offering, promising, or providing bribery or similar undue benefits to government agencies or their employees, deemed officials engaged in highly public-interest functions, political organizations, or politicians, regardless of the form of remuneration, entertainment, gifts, or other payments.

  • We do not engage in any acts that interfere with public bidding, order coordination, any acts related to it, or any acts that raise suspicion of such acts.

(4) Thorough import and export management

Code We comply with the trade-related laws and regulations of each country when importing and exporting technologies and products. We also ensure that the export of our technologies and products does not lead to the illegal development or manufacture of narcotics, and weapons.
Required conduct
  • We do not export or import prohibited goods.

  • When exporting goods such as products and parts, and providing technical information for export control, we take appropriate import and export customs clearance procedures in accordance with the export-related laws and regulations of each country and JEOL's rules.

  • In order to prevent use in the development or production of weapons of mass destruction or conventional weapons, we confirm the use of goods and technology and the end customer at the time of the transaction.

(5) Environmental protection

Code We are always aware of our responsibility to protect the environment, actively and continuously tackle environmental issues, and aim to realize a sustainable society through our products.
Required conduct
  • We comply with international standards, laws, agreements, guidelines, and voluntary standards related to the environment.

  • We strive to reduce CO2 emissions, conserve water resource, appropriately manage and use chemical substances, reduce the generation of waste, and proactively work to reduce the environmental impact of chemical substances used for our business activities and products through activities such as energy conservation, and provide environmentally friendly products and services to realize a sustainable society.

  • We conduct appropriate assessments to reduce the burden on the environment, evaluate the possibility of the occurrence of environmental problems, and strive to prevent the occurrence of such problems.

  • In the event of an environmental problem, we promptly take appropriate measures to minimize the environmental impact.

  • We disclose information about our environmental activities sufficiently and proactively to the outside world and strive to maintain good communication.

(6) Social contribution

Code We respect the culture and customs of local communities, promote solidarity, cooperation, and communication, and strive to gain the understanding of the local communities of JEOL's business activities, and fulfill our responsibilities as a member of that community.
Required conduct
  • As a corporate citizen, we actively contribute to society through our business activities and by continuously participating in various social activities from the perspective of building and maintaining good relationships with local communities and promoting coexistence and mutual prosperity.

  • In order to meet the expectations and needs of the market and aim for mutual development with society, we actively communicate with customers, shareholders, business partners, local communities, etc., and conduct corporate activities with fairness, transparency, and trust as the first priority.

2. Customer Relationship

(1) Quality and safety

Code We recognize that it is our corporate social responsibility to ensure quality and safety in the provision of products and services and prioritize quality and safety throughout the entire product lifecycle, including product development, manufacturing, distribution, sales, and services.
Required conduct
  • We always strive to develop products and provide services that can be used with peace of mind from the customer's point of view.

  • We provide easy-to-understand indications and explanations, such as quality information and safe usage methods, so that products and services can be used safely.

  • We provide safe and excellent products based on customer needs using the latest and best technologies.

  • In the event that a problem arises in the safety or quality of the products provided to customers, we respond sincerely and promptly, confirm the facts immediately, investigate the cause of the problem, and make thorough efforts to prevent recurrence.

(2) Thorough information management

Code We appropriately manage and protect confidential information, including customer information, to prevent its leakage.
Required conduct
  • We comply with information security rules and implement measures to prevent information leakage.

  • We do not permit unauthorized use, private use, or unauthorized access to confidential information.

  • We strictly manage all confidential information such as business information obtained in the course of business in accordance with laws and regulations and strive to prevent its leakage to the outside.

  • We collect, record, manage, use, and dispose of personal information appropriately in accordance with laws and regulations. In addition, we strictly manage the personal information we obtain to prevent loss, falsification, and leakage.

3. Relationships with Competitors and Business Partners

(1) Fair competition

Code We comply with the competition laws of each country and conduct fair and free transactions.
Required conduct
  • We do not engage in cartels or bid rigging with peer companies or industry associations. In addition, we do not exchange information such as prices, sales information, or customer information.

  • We build appropriate relationships with our sales agents and sales partners. We do not engage in unfair transactions, such as transactions under conditions that are unreasonably different from those of third parties, or binding on the selling price of delivered goods.

  • We do not acquire or use trade secrets of other companies through improper means.

(2) Appropriate purchasing and procurement

Code We build good partnerships with our suppliers and vendors, conclude fair contracts, and strive to build mutual understanding and relationships of trust from a long-term perspective.
Required conduct
  • In selecting suppliers and vendors, in addition to quality and price evaluations, we also evaluate whether they are fulfilling their social responsibilities, such as respect for human rights and compliance with laws and regulations.

  • When purchasing and procuring, we do not use our advantageous position in the transaction to force specific conditions or disadvantages on others, or pursue personal gain.

  • When dealing with suppliers and vendors, we comply with the laws and regulations of each country and conduct fair transactions.

  • When procuring, we do not acquire confidential information about our suppliers or third parties through improper means.

  • We promote green procurement and procure materials with consideration for environmental impact.

(3) Protection of intellectual property

Code JEOL's intellectual property rights are important corporate assets, and in order to strengthen business competitiveness, we acquire intellectual property rights, strive to protect these rights, and actively utilize them.
Required conduct
  • We comply with laws and regulations related to intellectual property rights, and obtain information related to intellectual property from third parties by lawful and fair means. In addition, we respect the intellectual property rights of third parties and do not infringe on them.

  • With respect to inventions resulting from manufacturing and development activities, we will promptly file patent applications and take other appropriate measures against infringement by third parties, and strive to protect JEOL's intellectual property rights.

  • We recognize that all intellectual property rights created in connection with JEOL's duties belong to JEOL to the extent permitted by relevant laws and regulations and comply with JEOL's relevant regulations and company instructions in order to appropriately protect and utilize the company's rights.

(4) Conflict of interest

Code We will avoid situations in which our personal interests may inappropriately affect our business decisions and behavior, and conduct our business in a fair and honest manner.
Required conduct
  • We will not engage in acts that compete with JEOL's business.

  • We will not select business partners by prioritizing personal relationships, such as those of ourselves or close relatives.

  • We will not use JEOL's information or assets for personal gain.

  • We will not be involved in the decision-making of the company in cases involving our own interests.

4. Relationship with Shareholders and Investors

(1) Fair disclosure of corporate information

Code In order to gain the correct understanding and trust of our stakeholders, we appropriately disclose corporate information, such as JEOL's management policy, financial details, and the status of business activities.
Required conduct
  • We appropriately disclose corporate information to ensure sincere and transparent communication with our stakeholders and to fulfill our accountability to society.

  • We strive to earn the trust of society as an open company by proactively disclosing corporate information in a fair and transparent manner.

  • We eliminate inappropriate expressions and use fair and appropriate indications and expressions in accordance with social morals, public order, and good practices. We never use expressions that slander or libel other companies or their products, or terms that lead to social discrimination.

(2) Proper accounting

Code We carry out accounting accurately and appropriately in accordance with relevant laws and regulations, accounting standards, internal regulations, and expense processing procedures.
Required conduct
  • We eradicate illegal accounting to make corporate accounting transparent and sound without making false or fictitious reports or statements or building off-balance-sheet assets.

  • We comply with laws, regulations and standards related to accounting, record and store accounting information such as transactions, asset status, and expense usage in a timely and accurate manner, and conduct appropriate accounting procedures and prepare accounting reports.

  • We strive to maintain and improve our accounting system so that we can disclose accounting information promptly and accurately.

(3) Prevention of insider trading

Code In order to prevent insider trading, we comply with relevant laws and regulations and properly manage important information that has not been disclosed within the JEOL Group.
Required conduct
  • We take great care not to leak insider information to the outside world before it is officially released.

  • When purchasing or selling shares of JEOL, its affiliated companies, business partners, etc., we check in advance whether there is insider information that may affect investors' investment decisions. If any insider information is known, we do not buy or sell shares, bonds, etc. of JEOL, its affiliated companies, or business partners until the information is officially made public.

5. Relationships with Employees

(1) Respect for human rights

Code We respect human rights, recognize diversity, respect each other, and realize a healthy work environment where all employees can demonstrate their abilities.
Required conduct
  • We respect personality and individuality, and do not engage in any kind of discrimination or human rights violations that damage the dignity of individuals.

  • We respect the basic rights set forth in the Ten Principles of the United Nations Global Compact taking into account the laws and labor practices of each country and region.

  • We do not engage in any inhumane labor practices, such as forced labor and child labor.

  • We reject any form of harassment, and do not engage in any speech or behavior that offends others or that may be misconstrued as harassment by others or that worsens the working environment.

  • We respect diverse values and privacy from the standpoint of each individual and handle personal information appropriately.

(2) Safe work environment

Code We strive to create a workplace where each officer and employee can work with a sense of fulfillment, respect various ways of thinking and values, and work together to create a work environment where employees can fully demonstrate their abilities.
Required conduct
  • We are aware that maintaining and improving the health of our officers and employees increases the value of our company, so we implement various measures as a company and our officers and employees strive to maintain their health.

  • We support work-life balance between work and private life by realizing diverse work styles and enhancing various leave systems.

  • We respect the diverse qualities of each individual and always strive to make the best effort to improve ourselves.

  • We respect each other's duties, communicate sincerely with each other, and strive to foster an open-minded workplace culture without being bound by organizational barriers.

  • We place the highest priority on respect for human life, comply with laws, regulations, and rules related to labor, safety, and health, ensure the safety and health of the workplace, and strive to prevent the occurrence of occupational accidents.

(3) Protection of company property

Code We efficiently utilize and protect the tangible and intangible assets of JEOL, and we avoid engaging in acts that damage the value of these assets.
Required conduct
  • We use JEOL's assets for lawful and legitimate business purposes, following all necessary procedures, and do not damage their value by using them for non-business purposes.

  • We utilize company assets effectively, recognize the need to always keep them available, and handle them appropriately to prevent damage or theft.

  • We do not provide any property benefits in relation to the exercise of the rights of specific shareholders.

  • JEOL's information systems are used only for business purposes approved by JEOL and not for personal purposes.

  • When disposing of assets, we handle them with care and follow the necessary procedures in accordance with relevant laws and regulations.

(4) Internal reporting system

Code If we discover any violations of laws and regulations, or become aware of any possibility of such violations, we report them immediately to ensure compliance with regulations.
Required conduct
  • In the event that we discover a violation of laws or regulations or become aware of any possibility of such violations, we promptly consult our superiors or relevant departments.

  • If it is not possible to report or consult with supervisors or related departments, we shall use the compliance reporting system.

  • In the event that any report is made to the internal reporting system, etc., JEOL investigates the facts and takes corrective and preventive measures as necessary.

  • JEOL and its officers and employees do not treat the person who made the report or their related parties detrimentally because of the report or consultation made, except in cases where the person has made a false report, a report that slanders others, or a report for other improper purposes.

  • We will not identify any person who made a report or interfere with the act of reporting.