Compliance training will be rolled out globally to all subsidiaries to raise awareness of compliance issues and enlist the assistance of all management/employees in implementing the global compliance program.
Particular emphasis will be placed on high-risk legal matters, such as labor law, anti-trust, insider trading, and the FCPA (the Foreign Corrupt Practices Act).
The legal officer and compliance officer in each geographic region will assist in preparing and supporting compliance training programs for the subsidiaries and group companies in that region.
In the event of any compliance violations at a NIDEC group company, relevant information regarding the violation (such as cautionary points to mitigate or eliminate the chance of the same issue occurring again) shall be summarized in a guidebook (a “practical guide”) and shared within the group through digital means.
The goal of this action is to ensure that the same problems do not arise twice in the NIDEC group.