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Compliance policy
Overview of policy
Companies aiming for sustainable growth need employees who fulfill their social responsibilities and who carry a strong sense of ethics. They also need to earn the trust of stakeholders. Based on this belief, Advantest has established The ADVANTEST Way — the fundamental handbook which lays out our management direction and policy, and which comprises our Corporate Mission (“Technology Support on the Leading Edge”), Corporate Mantra (“Quest for the Essence”) and CSR Policy — as well as The Advantest Code of Conduct, which provides specific guidelines for employees to enhance their ethical awareness.
Compliance system
If there is any violation of — or any act that employees think unacceptable under —The ADVANTEST Way & Code of Conduct, employees are advised to first report this to their supervisors and, if necessary, to the managers of any other departments involved. However, with the understanding that in some cases employees may feel uncomfortable reporting to their supervisors, in 2006 Advantest opened a Corporate Ethics Helpline, which employees can use to discuss or report any compliance issues. Since the Corporate Ethics Helpline was set up six years ago, it has received various reports, and, while respecting the privacy of reporting employees, has notified the Corporate Ethics Committee, which works with senior management and outside lawyers to solve the problems. We will continue to deal earnestly with every employee report to ensure sound Group operations. This system has been applied to all Group employees both in Japan and overseas, including the employees of Verigy Ltd. who joined the Group in July 2011.
Contact point for reports
Compliance promotion system
Compliance training
To prevent compliance issues from arising and to encourage their swift discovery and resolution, Advantest has distributed The Advantest Way & Code of Conduct booklet (in Japanese, English, and Chinese) to employees of all Group companies, and has set up a Corporate Ethics Helpline. However, with the expansion of our business overseas and the addition of employees from the Verigy Group in July 2011, it has become even more necessary to remind employees throughout the Group of the importance of compliance and thoroughly implement worldwide compliance based on a full understanding of the differing laws and regulations in each of the countries where Advantest operates.
Advantest took measures to ensure that all new employees received copies of the policy by distributing The Advantest Way booklet to all Verigy employees in February 2012, and by having them acknowledge their understanding of the terms of the booklet, ahead of the full corporate integration with the Advantest Group in April 2012. During fiscal 2012 we will also strengthen cooperation between the legal division and the Global Audit Teams that are stationed in each region and reinforce educational activities relating to the laws and regulations in the countries where we operate and compliance activities through the audits we conduct. Furthermore, we will continue studies on arranging regular e-learning related to compliance for all Group employees.
