Epson 2007 Annual Report Download - page 30

Download and view the complete annual report

Please find page 30 of the 2007 Epson annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 89

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89

2. Safeguarding and Management
of Work-Related Information
The safeguarding and management of information
related to business operations is carried out under
regulations governing document management,
management approvals and contracts, and other
related regulations, with directors and statutory auditors
reviewing these and other relevant documents on an
ongoing basis.
3. Compliance-Based Management
Epson has established regulations on management
compliance that set forth the basis for its legal
compliance and has set up a compliance system. As a
cornerstone in the practice of trust-based management,
Epson has established principles of corporate conduct
and an employee code of conduct that is based upon
these principles.
In addition, the president holds overall responsibility
for management’s legal compliance, with heads of
each business and individual department responsible
for compliance with laws related to their respective
consolidated businesses.
Epson has installed a legal compliance hotline and
other counseling services to facilitate internal
compliance-related inquiries and reporting and is
implementing in-house compliance training, including
web-based training, for employees.
Aforum has been instituted in which issues related
to management’s legal compliance are discussed
under the president’s leadership. Standing statutory
auditors also attend this forum, which allows them to
corroborate the actual content of legal compliance
programs.
The president periodically reports to the board of
directors on compliance-related issues and formulates
appropriate measures as needed.
4. Risk Management
Epson has established regulations that form the basis of its
risk management system and has defined the organization,
procedures, and other key elements of this system.
28 Seiko Epson Corporation
Epson’s Compliance-Based Management System
(Established in September 2005)
Cornerstone of trust-based
management practices
Principles of Corporate Conduct Employee Code of Conduct
(Fully revised in February 2006)
Cornerstone of individual
employee conduct
Various Counseling Services
Position: President’s Advisory Panel
Members: President, directors,
statutory auditors,
Audit Office general manager, etc.
Matters
discussed: 1. All issues related to
trust-based management
2. Compliance-based management
3. Risk management
4. Environmental strategy, etc.
Trust-Based Management
Promotion Meeting
•Legal compliance hotline (Audit Office)
•Counseling for victims of sexual harassment
and power abuse (Human Resources
Department, etc.)
•Counseling related to overwork and long
working hours (Human ResourcesDepartment)
•Career counseling (Human Resources
Department)
•Psychological counseling (GeneralAffairs
Department)
•Labor union counseling (Labor Union)