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Standards of Business Conduct for the Yokogawa Group
First edition: January 1, 1994
Second edition: June 10, 1997
Revised third edition: June 20, 2002

I. Basic Principles of the Yokogawa Group
  1. Realizing The Yokogawa Philosophy

    This Company Code imparts the principles of good business for the Yokogawa Group members who aspire to fulfill the Yokogawa Philosophy. “As a group, our goal is to contribute to society through broad-ranging activities in the areas of measurement, control and information. Individually, we aim to combine good citizenship with the courage to innovate.”
    We, as members of the Yokogawa Group, conduct business activities according to the Yokogawa Philosophy and carry out duties with integrity.
    We observe the Standards of Business Conduct.

  2. Customer Satisfaction

    From the viewpoint of customer satisfaction, we provide valuable products and services that are useful to society.
    Winning customer satisfaction is the start to gaining the trust of shareholders and all concerned people in the community and society.

  3. Observance of Laws and Regulations

    We observe the laws, regulations, and other rules of society, and conduct business activities with ethical conscience.
    We accept different cultures and respect the laws and social mores of the international community.

  4. Respect for Human Rights

    We value and respect the dignity of each individual and all basic human rights.

  5. Order and Safety of Community and Society

    We do not develop or foster any relationship with any people or groups that threaten the order and safety of the community and society.

II. Basic Attitude of the Yokogawa Group
  1. Customers

    We conduct activities with integrity to gain the approval and trust of customers.
    We provide accurate and ample information to customers so that they can use our products and services in safety and with satisfaction.

  2. Shareholders

    We use, maintain and enhance corporate assets efficiently and effectively to win the trust of our shareholders.
    We openly and accurately disclose corporate and management information to our shareholders.
    We maintain a sound and clear relationship with our shareholders.

  3. Community and Society

    We strive to achieve the common goals of the community and society, including protection of the global environment and the building of prosperous societies.
    We endeavor to be a friendly and cooperating member of society and participate positively in the activities of society.

  4. Suppliers and Vendors

    We work sincerely and soundly with suppliers and vendors and treat them fairly and equally.
    We refrain from making any contacts with the suppliers or vendors that may be misinterpreted as abuse of a special relationship, and we maintain sound and open relationships.

  5. Competitors

    We compete fairly, openly and freely with other suppliers.

  6. Politicians and Governmental Agencies

    We maintain sound and open relationships with politicians, public servants and people related to them.

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YOKOGAWA


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