The reason why the Noritz Group respects human rights

Since our founding in 1951, when Noritz was launched with the purpose of spreading home bathing more widely through society, we have contributed to more affluent ways of life with daily hot water.
In 1993, we moved into overseas markets. The approach and technology of the Noritz Group have been positively recognized, and our products are used by people throughout the world. On the other hand, increased environmental burdens and violation of human rights are risks that may arise in the course of business activities aimed at technical innovation and more comfortable living.
The Noritz Group clearly understands this, and we must carry out our business activities with a sense of responsibility. When people are born into the world, their first bath is truly the beginning of happiness.
The Noritz Group has come this far together with hot water, and we want the happiness of bathing to last throughout a person's life.

Basic Policy of the Noritz Group on Human Rights

Based on international standards of human rights,* all people are born with the right to be free, and no one may violate this right.
At the Noritz Group, a major precondition of all our business activities is that we respect human rights in all aspects of our business, throughout the value chain, and regardless of the boundary between the inside and outside of the company.
In 2012, we signed the Global Compact of 10 principles in four fields (human rights, labour, environment, anti-corruption) advocated by the United Nations. In this way, we indicated our agreement with these efforts.
In our business activities, we will work to ensure that society and companies continue to develop together.
*Human rights standards such as the Universal Declaration of Human Rights, International Bill of Human Rights, and ILO Core Labour Standards.

Conduct Guidelines for Human Rights

●We shall not engage in discrimination or violation of human rights for any reason, such as race, nationality, gender, religion, creed, age, place of origin, physical/cognitive/mental disability, sexual orientation, or gender identity.
●We shall never engage in child labor or forced labor. If a product or other item is supplied through actions violating human rights, we shall work to remedy the situation and refrain from purchasing.
●We shall comply with international rules, and the laws in each country where we do business, and take into account local culture and customs.
●We shall not engage in sexual harassment, harassment from a position of power, or any other type of harassment.
●We shall abide by laws, in-house rules and other standards relating to health and safety, and work hard to ensure a safe and hygienic workplace environment.
●In cases where compliance with the Noritz Group's human rights policy is not sufficient, we pledge to work harder to comply with our policy.

These conduct guidelines require that employees not only comply with laws, but also that they be aware of requirements set by society, and respond to those requirements. We have established the Noritz Hotline as a means of notifying the company of conduct violating our guidelines.

The Noritz Group has expanded its business by using the passion of each of our employees as our driving force. To continue to be an energetic corporate group with pride and job satisfaction, we believe it is crucial to do three things: develop people who can achieve self-realization through work; create a workplace designed for safety and health; and foster respect for human rights and diversity. Every year, we carry out an employee attitude/satisfaction survey, and we are continuously working to improve the workplace and the motivation of our employees.

The Noritz Group uses the NRPS* "just-in-time" production system to respond in a timely fashion to customer expectations. This is a system unique to Noritz which aims to deliver products to customers with a short delivery period by eliminating all forms of waste. This system is used on the production lines at all of the business sites of the Noritz Group, including the gas water heater line at the Akashi Main Factory.

※NORITZ PRODUCTION SYSTEM

The Noritz Group announces financial results once every quarter. Financial results briefings are held in February and August, and the General Meeting of Shareholders is held in March.