Responsible Business Operations

Our company has established the following systems to prevent transactions with directors, executive officers, and major shareholders from undermining our company’s interests or the common interests of its 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.

Our company has established a system to prevent bribery in accordance with the “Regulations on Bribery Prevention” set out in a resolution by the Board of Directors.

Our company believes involvement in bribery can lead to the loss of public trust and other serious consequences that may undermine the foundation of its existence, and therefore prohibits its executives and employees from becoming involved in bribery or corruption and makes company-wide efforts to maintain and promote sound business practices.

Our company has formulated the following rules for its executives and employees to prohibit bribery:

Our company has established “Orico Helpline”, whistleblowing and consultation service desks, both inside and outside our company to detect bribery, other illegal or fraudulent acts, and those that may lead to such acts, and to take countermeasures at an early stage. Our company aims to improve its self-purification process and prevent misconduct and scandals.

Our company conducts regular training for its executives and employees to strengthen our initiative to prohibit bribery.

In the fiscal year 2022, 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 and terrorist financing (referred to as ML/TF) 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 ML/TF.
To ensure compliance with laws aimed at preventing the illicit transfer of criminal proceeds and effectively combat ML/TF, 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.
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 ML/TF 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 and terrorist 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.