No matter how good results and achievements may be, we cannot continue corporate activities in society if we do not practice good compliance. Therefore, as a global group of pharmaceutical companies, we consider compliance practices as continuing to earn the trust of our diverse stakeholders surrounding us, and we conduct activities with a high level of ethical awareness that takes into account not only internal standards, but also social consciousness, philosophy, and social contribution, while adhering to the applicable laws and rules of the markets in which we operate.
The Daiichi Sankyo group of companies (hereafter “Daiichi Sankyo Group”) defines “Integrity” as one of our Core Values. We have therefore positioned compliance as the standard we use in making decisions and judging values. In conducting our global business operations, we remain compliant with all relevant laws, regulations, and industry codes, and conduct compliance management with a strong focus on ensuring the high standard of ethics and social consciousness, which is essential for a life science-oriented company.
To guide us in these efforts, we have established the Daiichi Sankyo Group Corporate Conduct Charter (“Charter”) and the Daiichi Sankyo Group Employee Code of Conduct (“ECC”), which are applied throughout our operations. Based on the essence of the Charter and the ECC, Daiichi Sankyo Company, Limited (the “Company”) and other Japan and overseas Daiichi Sankyo Group companies have developed compliance conduct standards that are appropriate for their respective regions and social requirements. We make sure that all executives and employees are fully aware of these standards.
Internal Control System and Compliance
We consider adhering to social norms, laws, regulations, industry codes, and the Daiichi Sankyo Group’s code of conduct, and various internal rules when executives and employees conduct their work, as well as building an internal control system for ensuring compliance with such norms, laws, regulations, codes, and policies as a priority in continuously creating corporate value. Therefore, the development of a compliance system has been described in the basic policy for building an internal control system.
- We put a compliance system in place by establishing the Charter and the ECC for executives and employees and by establishing a Corporate Ethics Committee that includes external experts and is global in scope.
- Persons in charge of major regions, corporations, and functions appointed by the parent Company’s CEO in accordance with the Daiichi Sankyo Group Global Management Policy and the heads of departments appointed by the President of each Daiichi Sankyo Group company in accordance with each company’s Organizational Management Regulations take charge of the operations for which they are responsible, and supervise, manage, and provide instructions to members belonging to such regions, corporations, and functions.
- Our specialized functions related to system development, such as human resource, legal affairs, compliance, risk management, etc., communicate and manage policies and provide guidance to all departments of Daiichi Sankyo Group. The Internal Audit Department conducts internal audits with regard to the status of compliance with laws and regulations, such as Japan SOX testing requirements, the Articles of Incorporation, and various internal rules in Daiichi Sankyo Group.