ANTI CORRUPTION POLICY

I-ne Group recognizes that an important part of corporate compliance is acting with integrity in trading and competition. The Compliance Policy affirms the same.
Countries around the world are introducing tougher rules against bribery and other forms of corruption that threaten the rule of law and sustainable development. In keeping with this trend, and with a view to earning public trust and ensuring sustainable corporate development, we have established this policy to prevent members of I-ne Group from committing or abetting any form of corruption wherever we operate. The forms of corruption this policy is designed to prevent include bribery, embezzlement, breach of trust, perverting the course of justice, money laundering, and other offences in which the perpetrator abuses their authority or status for personal or institutional gain.

Anti-corruption is one of the four pillars of the Ten Principles of the UN Global Compact (the other three being human rights, labor, and the environment). As a signatory of the UN Global Compact, we have committed to upholding these principles.

Scope

This policy applies to members of I-ne’s Board of Directors and to I-ne Group staff.

Legal compliance

In conducting their business, members of the Board of Directors of I-ne and staff of I-ne Group must comply with all legal and regulatory requirements regarding corruption (“anti-corruption legislation”) that apply in territory where they are operating.

No bribery

• Members of I-ne’s Board of Directors and I-ne Group staff must never, directly or indirectly, give or offer money or anything of value to any government official, business official, or other such party (whether in Japan or otherwise) for the purpose of inducing the official to conduct their business in a manner that would secure them an improper business advantage.
• Members of I-ne’s Board of Directors and I-ne Group staff must never, directly or indirectly, request or agree to receive money or anything of value from any party as an inducement for conducting their business in a manner that would secure the party an improper business advantage.
• Members of I-ne’s Board of Directors and I-ne Group staff must never authorize, officially or tacitly, an agent, consultant, or other third party to give or receive bribes. They must withhold payment from such a party if the person is likely to use part of the payment for bribing.

Accounting and Recordkeeping

In compliance with anti-corruption legislation, we maintain proper internal controls to ensure that our accounts are always factual and accurate, with detailed supporting records of income and expenditure.

Anti-corruption framework

To identify violations or suspected violations of this policy as early as possible, we maintain an internal whistleblowing system that is fair and impartial and conduct regular internal audits.

Education and Training

The Board of Directors and staff of I-ne Group will receive effective education and training designed to prevent them from committing corruption offenses.

Disciplinary action

If a member of I-ne’s Board of Director or an I-ne Group staff violates anti-corruption legislation or this policy, they will be disciplined in accordance with Internal rules.

Requests to trading partners and associates

• We ask our business partners to refrain from any act that violates, or could be construed to violate, anti-corruption legislation or this policy when dealing with members of I-ne’s Board of Directors, I-ne Group staff, or with government officials.
• We ask our business partners to cooperate with any inquiry conducted by us or by local or state authorities into an alleged act that violates, or could be construed to violate, this policy.
• We ask our business partners to inform us at once if they discover that a business process or transaction involving I-ne Group violates, or could be construed to violate, this policy or anti-corruption legislation.

Please use the form here to contact us.

Policy updates

We will promptly update this policy as necessary to conform with the latest anti-corruption legislation in the territories where we operate.

*I-ne Group: I-ne, I-ne’s Subsidiaries, and other group companies

Enacted: March 1, 2021
Revised: January 1, 2023
Revised: October 1, 2024
Yohei OnishiChief Executive Officer
I-ne Co., Ltd.