Human Rights Policy

TOA Electric Industrial Group: Human Rights Policy

Basic philosophy

The TOA Electric Industrial Group (TOA Electric Industrial Co., Ltd. [artron group] and affiliated companies; collectively, “we,” “us,” or “our”) operates as an electronics trading company, collaborating with various domestic and international business partners guided by our vision: “To achieve ‘Monodzukuri’ world-wide.” We recognize that both maintaining respect for internationally recognized human rights standards and striving to prevent adverse impacts on human rights in our business activities are essential to realizing a sustainable society and achieving sustainable company growth. Based on this understanding, we have established this policy and will communicate it to all executives and employees. We also expect our suppliers and stakeholders to understand and practice this policy, working collaboratively to promote respect for human rights.

Scope of application

Our policy applies to all executives and employees. We also expect our suppliers and business partners to understand and uphold the principles of this policy and to promote respect for human rights through collaborative efforts.

Respecting international human rights standards

We support and respect the International Bill of Human Rights, including the Universal Declaration of Human Rights (UDHR), and the core labor standards of the ILO Declaration on Fundamental Principles and Rights at Work. Furthermore, we endorse the Guiding Principles on Business and Human Rights and the Ten Principles of the United Nations Global Compact while conducting all of our business activities in accordance with these principles. We adhere to the laws and regulations of the countries and regions in which we operate. In cases where internationally recognized human rights conflict with local laws and regulations, we will seek ways to uphold the international human rights principles while adhering to legal compliance. Furthermore, by conducting our business activities with integrity in each country and region, we will proactively support sustainable social development.

Addressing human rights issues

We pay particular attention to the following human rights issues related to our business activities and are committed to preventing and resolving them.

Prohibiting forced labor

We strictly prohibit the use of forced labor. We do not tolerate any form of modern slavery, including debt bondage and human trafficking.

Prohibiting child labor

We strictly prohibit any form of child labor and adhere to legal minimum working age requirements. Additionally, we do not permit individuals under the age of 18 to perform hazardous or harmful work.

Prohibiting discrimination

We do not unfairly discriminate on any ground, including but not limited to race, creed, gender, social status, religion, nationality, age, sexual orientation, gender identity, or physical and mental disabilities. Furthermore, we will continue to support an environment in which individuals from diverse backgrounds can realize their full potential.

Prohibiting harassment

We do not tolerate any form of harassment, whether physical or psychological, including sexual harassment and workplace bullying.

Respecting freedom of association and the right to collective bargaining

We respect employees’ freedom of association and the right to collective bargaining in labor-management relations.

Ensuring appropriate working hours and wages

We appropriately manage employees’ working hours, holidays, vacations, and wages in accordance with applicable laws and regulations.

Ensuring occupational health and safety

In accordance with applicable laws and regulations, we maintain a suitable workplace where employees can continue to work in a healthy, safe, and secure environment.

Respecting local communities

We are committed to respecting the human rights of individuals in the communities where we operate and prioritize open communication with them.

Implementing human rights due diligence

We work to identify, assess, prevent, and mitigate any negative impacts on human rights.

Correction and remediation

If it becomes evident that our business activities are adversely affecting human rights or facilitating human rights violations through our supply chain and other business relationships, we will take appropriate corrective and remedial actions.

Establishing reporting channels

We are committed to establishing reporting channels for our executives, employees, and others involved in our business activities to raise concerns or complaints regarding human rights. We will address such concerns and complaints in a fair and transparent way.

Implementation system

The President and CEO are ultimately responsible for complying with and implementing this policy. Furthermore, we will appoint responsible personnel and establish a dedicated department to advance human rights initiatives throughout the company.

Education and training

We will regularly hold educational and training sessions to ensure that our executives and employees fully understand this policy and implement it in their work.

Information disclosure

We will regularly update on the progress of our human rights initiatives through reports, our website, and other communication channels.

Identifying and assessing human rights risks

We will identify and assess the human rights impacts of our business activities. As a specialized trading company, we will focus closely on human rights risks in procurement activities.

Implementing countermeasures

We will implement countermeasures to prevent and mitigate identified human rights risks.

Tracking progress

We will regularly monitor the progress and effectiveness of these countermeasures.

Regular review

We will regularly review this policy, taking into account changes in social conditions, updates to international human rights standards, and other key factors.