To Establish Fair and Free Business Relations

Fair Business Conducts

We maintain fair and transparent relationships with our business partners, engaging in fair transaction practices in accordance with applicable laws and regulations, such as an antitrust law. We do not take part in collusion, cartels, or similar activities with other companies within our industry that would unlawfully impede free competition, or any other activities that may give rise to such concerns.

Management of Information
from Third Parties

We do not use information obtained from other companies or any third party in the course of business for any purpose other than as specified and agreed. We handle such information with the same degree of care applicable to our own confidential information, maintaining strict control thereof. Furthermore, we do not seek to obtain or access confidential information from other companies or any third party by improper means or methods.

Business Conducts with Suppliers and Service Providers

We seek to maintain fairness at all times in our purchasing activities, seeking to earn a higher level of trust from our suppliers and service providers while maximizing the interests of the Pioneer Group. We conduct transactions in good faith in accordance with all applicable laws and agreements, based on the principle of fair play.

  1. We make selections on the basis of reasonable judgment, not personal interest.
  2. We will not receive personal benefits or favors in connection with our work duties.

In addition, we insist that our suppliers and service providers act in an ethical and socially responsible manner by observing all applicable laws and regulations in the regions and countries in which they operate, and by complying with applicable international accords and written agreements.

Business Conducts with Dealers and Distributors

At all times, we engage in sales activities in an equitable manner, striving to earn a higher level of trust from our business-to-business purchasers while advancing the interests of the Pioneer Group. We conduct transactions in good faith and in accordance with applicable laws and agreements, based on the principle of fair play. We do not unfairly discriminate among purchasers or engage in other improper practices such as exclusionary practices or unfair trade restraints.
In addition, we insist that our dealers and distributors act in an ethical and socially responsible manner by observing all applicable laws and regulations in the regions and countries in which they operate.

Relationship with Governmental Agencies and Industry Groups

We strive to act responsibly and in good faith and to communicate in a smooth and appropriate manner with our related governmental agencies and industry groups, including the content business industry, aiming to promote the advancement of society as a whole.

Gifts and Entertainment

  1. To maintain sound relationships with our business partners, including suppliers and service providers, we do not accept gifts or entertainment from our partners (or their representatives) that violate the company policy, and we strive to make this policy known to them. In cases in which it is not possible to refuse such gifts or entertainment, we receive prior consent from our superior officers, or report regarding such receipt to our superior thereafter. (The company policy does not prohibit meals for business meetings or ceremonial occasions within the scope of normal social practice.)
  2. We do not seek to bribe or otherwise curry favor with officials at government and municipal offices, or public corporations, nor do we offer gifts or entertainment that may lead to the appearance of seeking special benefits or favors from such officials.
  3. When engaging in international transactions, we do not perform improper acts such as the granting of benefits or favors to obtain inappropriate preferential treatment from foreign officials (including central and local governments, public institutions or corporations, or public international organizations).
  4. We insist that business partners, including dealers, distributors, suppliers, and service providers, comply with all applicable anti-corruption laws of the countries in which the Pioneer Group companies do business.