Compliance and Risk Management Committee and reporting system

「As part of its compliance reform, which it has identified as its highest priority, the Company is strengthening its internal control system by developing various guidelines, expanding its internal whistleblowing system and establishing an education and training framework. It is also continuously working to reform the corporate culture across the Group and embed a strong compliance mindset.」

「社長を委員長、社外取締役を副委員長、弁護士を外部アドバイザーとする「コンプライアンス委員会」を毎月開催し、社内のコンプライアンス改革諸施策について現状の検証および今後の一層の改革に向けた議論を行ったほか、独占禁止法遵守のため「独占禁止法違反防止に関するガイドライン」を制定しました。」

「Following the discovery of the incident, we have conducted training and other programs concerning the Antimonopoly Act and are working anew to ensure compliance with the Act and thoroughly implement measures to prevent recurrence.」

「We received the investigation report from the investigation committee on 8 August 2023, formulated measures to prevent recurrence and are implementing them.」

「We received the investigation report from the investigation committee on 8 August 2023 and formulated measures to prevent recurrence as described in the notice titled “Formulation of Measures to Prevent Recurrence and Status of Progress (Update on Disclosed Matters),” announced on 20 September 2023.」

「On 8 August 2023, we received the investigation report from the investigation committee.」

「We have established a Compliance Reform Headquarters at our company to reform the organizational culture across the Group and raise the level of compliance among employees. We also plan to establish Legal and Ethics Management Centers at Kinki Nippon Tourist Co., Ltd. and other companies to rebuild internal controls based on the measures to prevent recurrence to be recommended by the investigation committee.」

「Under the Compliance and Risk Management Committee organized by the president, we have established a Compliance Subcommittee, which considers individual matters and determines response policies, and we conduct internal training and other programs on a planned basis. In addition, we have established a helpline to receive reports and consultations from employees and other parties inside and outside the company, in order to detect and correct at an early stage any conduct that violates laws, social norms or internal rules or that may do so.」

「Under the Compliance and Risk Management Committee organized by the president, we have established a Compliance Subcommittee, which considers individual matters and determines response policies, and we conduct internal training and other programs on a planned basis. In addition, we have established a helpline to receive reports and consultations from employees and other parties inside and outside the company, in order to detect and correct at an early stage any conduct that violates laws, social norms or internal rules or that may do so.」

「To appropriately manage risks associated with business activities and other matters, we have established a Risk Management Subcommittee under the Compliance and Risk Management Committee. In addition to considering individual matters and determining response policies, the subcommittee holds regular risk assessment meetings to identify risks.」

「Under the Compliance and Risk Management Committee organized by the president, we have established a Compliance Subcommittee, which considers individual matters and determines response policies, and we conduct internal training and other programs on a planned basis. In addition, we have established a helpline to receive reports and consultations from employees and other parties inside and outside the company, in order to detect and correct at an early stage any conduct that violates laws, social norms or internal rules or that may do so.」

「Under the Compliance and Risk Management Committee organized by the president, we have established a Compliance Subcommittee, which considers individual matters and determines response policies, and we conduct internal training and other programs on a planned basis.」