Governance

We will promote the understanding and implementation of our corporate philosophy, recognizing the respect for human rights as the foundation of all our business activities.

Human Rights Initiatives

We respect the individuality and diversity of each person and outline our approach to the respect of human rights in our corporate philosophy and corporate code of conduct, which clearly prohibits forced labor, child labor, harassment, discrimination against gender, age, nationality, ethnicity, creed or religion, and promotes the creation of an environment that generates various new values where a diverse workforce can fully demonstrate their capabilities.
These initiatives apply to every single officer and employee of MegaChips, and we demand that all the stakeholders, including our business partners and all related parties, observe that human rights be respected and not infringed upon.

Initiatives

• Secure a healthy and safe environment
  We make an effort to create a safe and healthy working environment so that our entire workforce can fully demonstrate their capabilities. We properly manage employees’ working hours, vacations, holidays, and wages according to laws and regulations.
  
  
• Respect human rights and proactively promote the understanding of human rights
  We provide training to raise basic awareness about harassment.
  
  
• Respect for privacy and thorough management of personal information
  We comply with all applicable national and local laws and regulations regarding the protection of personal information, handling personal information scrupulously.
  
  
• Address any activities in business that negatively affects human rights
  We encourage our business partners, including suppliers and customers, to not infringe on human rights.

Improvement of Corporate Governance System

The Company acknowledges that gaining the trust of stakeholders is vital for achieving sustainable corporate growth. With this understanding, the Company is dedicated to building a highly transparent corporate governance framework to ensure sound and effective business management.

Reinforcement of Risk Management

Please see below for the risks pertaining to our operations and other matters that we recognize may have a material impact on the financial position and cash flow of MegaChips Group.