Yamaha 2008 Annual Report Download - page 48

46 Yamaha Corporation
Corporate Objective
Management Philosophy
Corporate Philosophy
Transparent and Sound Management
Yamaha delivers proper returns to shareholders by
ensuring a solid business performance and achieves lasting
development through transparent and sound management.
Valuing People
Yamaha strives to be an organization where each person’s
individuality and creativity are respected and all can
demonstrate their full potential through their work.
Harmony with Society
Yamaha is a good corporate citizen that contributes to the
development of society, culture, and the economy by
observing laws, demonstrating high ethical standards, and
endeavoring to protect the environment.
CREATING ‘KANDO’
TOGETHER
Yamaha will continue to create ‘kando’*
and enrich culture with technology and
passion born of sound and music,
together with people all over the world.
Customer-Oriented and
Quality-Conscious Management
Yamaha fully satisfies its customers by offering quality
products and services that incorporate new and traditional
technologies as well as refined creativity and artistry.
* ‘Kando’ (is a Japanese word that) signifies an inspired state of mind.
Yamaha management endeavors to conduct business with consideration for all of its stakeholders—
shareholders, customers, employees and the communities in which the Company operates. As shown below,
Yamaha has declared in its corporate philosophy how it will fulfill its social responsibility as a company to each
of the four stakeholder categories, and is now aiming to fulfill that responsibility. Going forward, the Company
will continue striving to enhance the satisfaction of all stakeholders and work to maximize corporate value.
The Yamaha Group’s Corporate Philosophy and CSR
Yamaha’s Approach to Corporate Social Responsibility (CSR)
As the Company’s corporate philosophy states, Yamaha is constantly seeking ways to develop its operations sustainably, drawing upon
the technologies and resources accumulated in its core businesses as it interacts with each type of stakeholder in an effort to create
‘kando’ and enrich culture. This philosophy is what underlies all of our CSR activities.
Yamaha pursues CSR activities on a Companywide basis, and in a multitude of ways. Initiatives include compliance activities and prod-
uct quality assurance, the Company’s efforts to communicate openly and continuously with shareholders and to create a comfortable work
culture for employees, as well as social contributions such as supporting music concerts and taking environmentally conscious initiatives.
Compliance Promotion Month
■ October has been designated as Compliance Promotion Month.
Each year, the Company plans and carries out events to increase
awareness of compliance issues.
■ In fiscal 2008, Yamaha arranged presentations for employees related to
harassment in the workplace, and collected slogans and senryu (haiku-
like sayings) related to compliance from employees throughout the Group.
Compliance Help Line
■ Since the Compliance Help Line was introduced in 2003, it has
received and worked to handle reports and consultations related to
over 250 incidents.
■ During fiscal 2008, 55 incidents were dealt with, including matters at
overseas Group subsidiaries.
Compliance
Promoting Compliance in Management
■ In April 2003, Yamaha established a Compliance Committee and
formulated the Compliance Code of Conduct for Company person-
nel, beginning compliance promotion activities in Japan.
■ The Company added several items to the Compliance Code of
Conduct in April 2006, including the prohibition of forced and child
labor, and other items which take into account the increasingly global
nature of Yamaha’s operations.
■ In April 2008, Yamaha’s overseas subsidiaries completed their own
respective Compliance Codes of Conduct reflecting the laws of the
countries where they operate.