Responsible Business Operations

The Company has developed the following structure in order to ensure that when the Company engages in transactions with parties such as Directors, Executive Officers and major shareholders, the transactions do not harm the interests of the Company or the common interests of shareholders.

The details of the transactions with Mizuho Bank, Ltd. and Mizuho Trust & Banking Co., Ltd. are disclosed in the company’s Annual Securities Reports. After confirming that the transactions are not detrimental to the interests of the company or the common interests of its shareholders, we report them regularly to the Board of Directors. There are no other related parties whose transactions should be disclosed.

Compliance is a top priority at our company. We faithfully adhere to laws and regulations while upholding corporate ethics and social norms. By encouraging the dissemination and establishment of our code of conduct, "The Orico Group Code", we aim to be a company highly regarded by our customers.
We have defined a policy known as the "Customer-Oriented Basic Policy" and expect our business partners to respond appropriately, including compliance with laws and regulations, managing information, and ensuring transaction soundness.
Our commitment to full compliance with laws and regulations, such as antitrust laws, guarantees transaction integrity and promotes fair competition.

Our company has formulated a comprehensive policy against anti-social forces, Basic Policy Against Anti-Social Forces, and proactively works towards its enforcement to sever any relationships with anti-social entities, such as organized crime groups, which threaten civil society's order and safety.
We actively gather information to expand our database related to anti-social forces. This resource helps us investigate potential associations with anti-social forces when forming contracts with business partners and during customer application processes such as credit contracts. Our aim is to avoid any transactions with anti-social forces. We also regularly investigate existing transactions for potential links to anti-social forces and take appropriate actions to terminate transactions if any connection is found.
Additionally, we deliver regular education and training to all employees, promoting awareness and actions to eliminate associations with anti-social forces.
Our domestic and international group companies have also enacted measures to exclude anti-social forces. We strive to avoid transactions with anti-social forces during contract negotiations and terminate transactions if a relationship with anti-social forces is uncovered. Regular education and training are also provided to all executives and employees of the group companies, ensuring their dedication to eliminating relationships with anti-social forces.
The status of these initiatives is reported appropriately and timely to the Compliance Committee, the Executive Management Meeting, and the Board of Directors.

We have established a system to prevent all forms of corruption, including bribery, through the "Regulations on Bribery Prevention", Basic Policy for Preventing Money Laundering, Terrorist Financing, and Proliferation Financing", and "Anti-Insider Trading Regulations", which were set out by resolutions of the Board of Directors.

We believe that involvement in any form of corruption, such as bribery, money laundering, terrorist financing, proliferation financing, and insider trading, can lead to the loss of public trust and other serious consequences that may undermine our foundation. Therefore, we prohibits our executives and employees from becoming involved in bribery or corruption and makes company-wide efforts to maintain and promote sound business practices.

We and our group companies have formulated the Regulations on Bribery Prevention for the purpose of determining our anti-bribery and anti-graft/corruption structure and its rules and preventing bribery and graft/corruption in advance.

We have established the “Orico Helpline”, an internal and external whistleblower and consultation service desk that guarantees anonymity. The Orico Helpline allows employees, their family members, and retirees to report or consult on any corrupt, illegal, or potentially corrupt act, including bribery, without anyone knowing about it. By identifying information on possible compliance violations at an early stage and taking countermeasures, we strive to enhance the company's self-cleansing function and prevent fraud and misconduct from occurring.

We regularly provides training to our executives and employees to strengthen the effectiveness of our anti-corruption measures, including bribery, money laundering, terrorist financing, proliferation financing, insider trading, and other forms of corruption. Internal rules and regulations for the prevention of all forms of corruption are disseminated to all executives and employees, as well as The Orico Group Code, through internal media outlets in Japan and overseas in Japanese and English.

In the fiscal year 2023, there were no bribery or corruption cases, or any cases in which penalties or surcharges were paid. Moreover, no executives or employees were punished or dismissed for their involvement in bribery or corruption.

We acknowledge the significant management challenge posed by money laundering, terrorist financing, and proliferation financing(referred to as "money laundering, etc.") due to recent regulatory enhancements within the financial sector globally. Our management team proactively leads in the establishment and execution of a comprehensive policy to counteract money laundering, etc..
To ensure compliance with laws aimed at preventing the illicit transfer of criminal proceeds and effectively combat money laundering, etc., we diligently perform required procedures for certain transactions, such as transaction verification and reporting suspicious activities. Additionally, we regularly offer education and training programs to all our employees, empowering them to gain knowledge, increase awareness, and fully participate in our efforts.
Furthermore, as a collective commitment, we have built a framework aligned with laws preventing the illicit transfer of criminal proceeds for both our domestic and overseas group companies. Moreover, we have implemented specific frameworks for our overseas group companies to comply with ML/TF-related laws in each respective country. This comprehensive approach guarantees money laundering, etc. prevention across our entire group.

We are dedicated to conducting business operations that are responsible, appropriate, and compliant with laws and regulations. Our Board of Directors has set a comprehensive "Basic Policy on Internal Control System" that covers compliance, prevention of money laundering, terrorist financing, and proliferation financing. We publicly pledge to uphold these principles.

The President and Director regularly reports on the status of business operations, and the board verifies the internal control system. Our Audit and Supervisory committee performs comprehensive audits to confirm proper execution. These measures illustrate our dedication to responsible business operations.