Compliance

Corporate Ethics Promotion Framework

Paramount Bed Holdings has established a Corporate Ethics Office in collaboration with the Legal Department to drive compliance initiatives across the Group.
For employee training, we utilize the Corporate Ethics Guidebook, which outlines our fundamental ethical principles, responsibilities to stakeholders, and specific compliance-related rules.
In addition, we regularly distribute messages from the Corporate Ethics Office to raise awareness and reinforce ethical conduct among all employees.

Commitment to Fair Trade

In 1998, the company was subject to a cease-and-desist order by the Japan Fair Trade Commission for violation of the Antimonopoly Act. We took this matter seriously and, in February 1999, issued the Declaration of Compliance with the Antimonopoly Act.
Since then, we have rebuilt our business practices to ensure strict adherence to laws and regulations, with a firm commitment to fair and free competition.

Implementation of the Antimonopoly Act Compliance

The Declaration sets forth five guiding principles:

  • Comply faithfully with the Antimonopoly Act in all business activities and contribute to society through fair and free competition.
  • Demonstrate creativity in our operations while respecting the freedom of other enterprises, thereby ensuring sound and vibrant market competition.
  • Conduct transparent transactions in line with the spirit of the Antimonopoly Act and disseminate clear behavioral guidelines.
  • Establish effective internal systems to prevent violations and ensure compliance becomes firmly embedded.
  • When a violation occurs, the top management shall take responsibility, investigate the cause, and impose strict measures on those involved.

To make this declaration effective, Paramount Bed has introduced practical measures such as bid-check sheets for public tenders, assigned compliance officers at each branch, and reinforced oversight by the Legal Department and external counsel.
Furthermore, we conduct regular training sessions and study programs on the Antimonopoly Act to ensure thorough awareness and prevention of violations.