2.12 Corporations must formulate business ethics and disclose thereof.
Corporations may formulate their own business ethics, but must include the following important
matters:
• Prohibiting the activities of the executives and employees of the corporation, which are
taken for personal benefits (for example, personal borrowing through the corporation),
opposed to benefits of the corporation;
• Prohibiting misuse of corporate assets by the executives and employees of the corporation,
which should be used for just purposes;
• Maintenance of confidentiality of corporate information and customer information;
• Prohibiting unfair activities using the undisclosed inside information; and
• In cases where an illegal or unethical activity has occurred, reporting such activities to the
person in charge.