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    Corporate Philosophy

    The Mitutoyo Corporate Philosophy is essentially the perpetual ‘core values’ that our organization and employees shall uphold. It unites all the Mitutoyo Companies and their employees throughout the world in a common understanding and commitment.

    Philosophy

     

    OUR FOUNDING SPIRIT

    • To contribute to people’s welfare through support of the advancement of Buddhist understanding.
    • To see that Mitutoyo excels in its field of expertise and in its business conduct throughout the world.

     

    OUR MANAGEMENT PRINCIPLES

    To contribute to the well-being of society through precision measurement technologies. We shall conduct our business based on the following values to:

    Six guidelines in Mitutoyo’s management principles

    1. Provide solution engineering to support our client business development.
    2. Contribute globally to the advancement of industrial measurement capability and address social issues through precision measurement technologies.
    3. Cultivate shared prosperity among all stakeholders engaged in corporate endeavors and contribute to the collective creation of value through collaboration.
    4. Promote global peace, human well-being, and a sustainable global environment.
    5. Apply business practices that reflect the integrity of Mitutoyo and our world-leading brand.
    6. Engage in corporate activities that uphold human rights and nurture a vibrant corporate culture that inspires a passion in our personnel to strive for and achieve their utmost potentials.

     

    OUR CORPORATE MOTTO

    “Good environment, Good people, Good technique”

     

    OUR GUIDING PRECEPTS

    “Sincerity, Thoughtfulness, Determined Spirit”

     

    ETHICAL CONDUCT CODE

    Mitutoyo Group Ethical Conduct Code sets forth ethical criteria of judgment and conduct that all executives and employees at Mitutoyo group must observe in every aspect of corporate activities. We at Mitutoyo group will conduct ourselves in a manner which complies with the Ethical Conduct Code and choose the ethical way without exception whenever a business decision involves a conflict between profit and ethics.

    1. Relationship with customers

    (a) We will supply our products and services in compliance with both our internal rules as well as all relevant laws and regulations that apply to quality, safety, reliability and environmental protection wherever we operate. 

    (b) We will immediately make every effort to prevent damages/losses from developing and problems from recurring by following these prescribed measures in case a problem occurs.

    • Investigating the facts
    • Identifying the cause and the responsibility
    • Communicating to those concerned including the parties outside Mitutoyo

    (c) We will not engage in bribery to our customers. We will refer to our internal rules when offering business entertainment, gifts and donations, and will not give accommodation such as a rebate or commission in exchange for them securing a benefit for Mitutoyo.

    2. Relationship with business partners

    (a) Sales business partners (Business partners associated with sales, e.g. distributors)

    1. We will enter into contracts fairly with sales business partners in compliance with relevant laws and regulations and fulfill our obligations under such contracts.
    2. We will refer to our internal rules when offering business entertainment, gifts and donations to a sales business partner. We will not give accommodation such as a rebate or commission in exchange for a personal benefit.

    (b) Procurement business partners (business partners associated with development, purchasing, production and physical distribution)

    1. We will determine procurement business partners based on rational, fair and transparent criteria.
    2. We will enter into contracts with procurement business partners fairly in compliance with relevant laws and regulations.
    3. We will not make use of our advantageous position to impose unfair restrictions or requests on procurement business partners.
    4. We will refer to our internal rules if we are offered business entertainment, gifts or donations by a procurement business partner and will behave strictly in a manner that avoids misunderstanding by a third party.

    3. Relationships with government and administration

    1. We will comply with all government-related laws and regulations, and will not give donations to individual politicians or give donations or other payments to political organizations or parties beyond the scope permitted by law.
    2. Also, with respect to public officials (including deemed public officials) and politicians, etc. who have influence over business negotiations and similar matters, we will not, of course, engage in bribery or give accommodation such as business entertainment or gifts, etc. that infringe relevant laws and regulations or equivalent provisions, or foreign laws and regulations, conventions or other similar requirements.

    4. Maintaining and promoting free and fair competition

    1. We will not behave in a manner that creates obstacles to free and fair competition in compliance with relevant laws and regulations.

    5. Handling of Intellectual property rights

    (a) Intellectual property rights of Mitutoyo group

    1. We will appropriately protect and utilize the intellectual property rights of Mitutoyo group.

    (b) Intellectual property rights of others

    1. We will respect the intellectual property rights of others and make every effort not to infringe upon such rights.

    6. Handling of confidential information

    (a) Trade secrets

    1. We will identify what should be controlled as the trade secrets of Mitutoyo group in the know how, technical and business information and protect such trade secrets strictly and appropriately.
    2. We will strictly protect confidential information of others acquired through business transactions with them and will not pass such information to other parties nor we will illegally seek access to trade secrets of others.

    (b) Personal information

    1. We will strictly and appropriately protect personal information in compliance with relevant laws, regulations and internal rules.

    (c) Insider information

    1. We will not deal in securities based on insider information.

    7. Stance to anti-social individual/group

    1. We will shut out any relationship with corrupt individuals and entities that pose a threat to social order and safety.

    8. Relationship between the company and employees

    (a) Respect for human rights

    1. We will respect fundamental human rights and will not behave in a manner that might imply discrimination or abuse of the dignity of individuals.
    2. We will not misuse the power of a superior position nor behave in a manner that might be considered as discriminatory practice or mental abuse or physical violence or sexual harassment.

    (b) Exclusion of unfair labor practice

    1. We will abide by labor laws and regulations and will never commit illegalities such as unfair labor practice, forced labor, or child labor in any aspect of our corporate activities.

    (c) Safety and health at workplace

    1. We will abide by the related laws and regulations, and maintain and improve working environments for all employees to protect them from industrial injury, both physical and mental.

    (d) Respect for the opinions of others

    1. We will respect personality and opinions of others and welcome anyone expressing proposals, concerns, and complaints.
    2. We will express proposals, concerns, and complaints in a manner which respects the rights and dignity of others.
    3. We will not allow anyone who expresses opinions to be put at a disadvantage.

    (e) Responding to illegal or unethical conduct

    1. We will inform our immediate superior of the fact or refer it to the “Whistle Blowing system” without delay in case we come across any conduct that we suspect is illegal or violates our ethics policy.
    2. We will refuse any order to commit illegal or unethical acts, and refer such incidents to the “Whistle Blowing system” when put at a disadvantage for our refusal to commit such acts.

    9. Social Responsibility

    (a) Complying with laws and regulations aimed at contributing towards world peace

    1. We will comply with all laws and regulations aimed at maintaining world security and peace. We will not engage in any business transaction that threatens the maintenance of world peace.
    2. We will strictly control our export activities, both goods and services in compliance with relevant laws, regulations and our internal export control program.

    (b) Global environment preservation

    1. We will make every effort including internal education of employees to reduce adverse effects on the environment in every aspect of our business by taking the following measures.
    • Energy saving
    • Reduction of waste
    • Recycling of waste

    ii. We will promote our environmental preservation activities.

    (c) Contributing to industry/technology

    1. We will contribute to the development of science, technology and industries of the world by advancing the technology of precision measurement.
    2. We will contribute to the promotion of science and technology in the world through financial support of institutional research
    3. We will positively promote the diffusion and succession activities of technology and technical skills related to precision measurement.

    10. Conflict of interest

    1. Employees will not engage in any activity that might create a conflict of interest for the company or for themselves individually.
    2. The board of directors are banned from being involved in our competitors’ business and other businesses whose interests might conflict with those of Mitutoyo Group without consent of Mitutoyo Corporation Japan.
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