Kao Corporation >Company Profile >Business Conduct Guidelines
Japanese
Press Release
Company Profile
 
Company Outline
Directors, Corporate Auditors and Executive Officers
The Kao Way
Corporate Governance
Business Conduct Guidelines
Principles of Corporate Ethics
1. Ensure the Safety and High Quality of Products
2. Thoroughly Consider the Environment and Safety
3. Maintain Fair and Honest Transactions
4. Respect Employees' Individual Human Rights and Diversity, and Maximize Their Potential
5. Pursue Profitable Growth and Accommodate Shareholders' Expectations
6. Maintain a Fair, Open and Exemplary Corporate Position
7. Strictly Manage Information and Assets
8. Contribute to the Enrichment of Society through Activities that Make A Social Contribution
9. Respect Cultures of Individual Countries and Observe Laws and International Rules When Conducting Business Activities
10. Draw a Distinct Line between Business and Private Matters
11. Executives and Managers Shall Acknowledge Responsibilities
Business Activities
Business Fields
Approach to Environmental Issues
Corporate Citizenship
Global Business
Group Operations
History
Investor Relations
Corporate Social Responsibility
R&D Activities
   



Company Profile

Business Conduct Guidelines

5. Pursue Profitable Growth and Accommodate Shareholders' Expectations

(1) We shall strive to deliver appropriate returns to shareholders through profitable growth that is based on lawful and ethical business activities.
  • We shall strive to improve EVA* and business results from a long-term viewpoint, maintain stable management in compliance with rules in business society, and enhance corporate value. We shall endeavor to maintain an adequate standard of return on investment to our shareholders by considering profit per share and ratio of earnings to dividends from a long-term standpoint.

    * EVA is a registered trademark of Stern Stewart & Co.

  • We shall not invest in risky financial products such as speculative derivatives or commodity futures that could considerably decrease our asset values and increase liabilities. When investing in derivatives, we shall abide by internal regulations. We shall not buy or sell real estate or marketable securities for the purpose of speculation.

(2) We shall strive to disclose material corporate information to our shareholders and investors accurately and in a timely fashion.
  • We shall treat all shareholders and investors fairly and equitably and we shall adequately disclose our business results at an early date. We shall also disclose in a timely fashion material information that may affect the share price of the company.
  • We shall proactively communicate Kao's management policies and issues to shareholders and investors. We shall listen sincerely to the opinions of and criticisms by our shareholders and investors, and when called for we shall strive to have such views reflected in our management.


Legal StatementPrivacy Policy
(c) KAO CORPORATION. All Rights Reserved.