Prevention of Regulatory Infractions
In fiscal 2015, Toray experienced no incidents of major violations of laws or ordinances and no imposition of sanctions or fines.
Toray recognizes the importance of raising awareness of corporate ethics and legal compliance throughout the entire Group in order to continue its record of zero violations. The Company renamed its Legal Department the Legal & Compliance Department in October 2015, and established a dedicated compliance team in the department.
In response to the amendment of the Companies Act of Japan, Toray introduced a self-monitoring and mutual inspection system for internal control in fiscal 2016 as part of its efforts to strengthen the system of checks across all group companies.