At Chugai, ethics take priority over profits. However, business risks are expanding along with the global growth of our business scale, and compliance requirements are increasing worldwide. In light of these and other developments, we have been building a global compliance system and structure across departments and Group companies since January 2016.

Specifically, we updated our compliance policy and areas, reorganized committees and organizational structures, improved our global documentation system, and formulated local guidelines, manuals and SOPs for overseas subsidiaries based on each country’s laws and regulations. Under this system and framework, it will be particularly important for overseas subsidiaries to implement PDCA cycles on their own, and to take steps to reinforce compliance independently. To support those efforts, we will share educational materials and various kinds of information, as well as provide active cooperation, to help compliance officers appointed at each company carry out their activities smoothly.