Compliance System

ASICS has established the Compliance Committee and appointed a compliance officer in charge to practice compliance management. The president and COO, representative director serves as the chief compliance management officer. In the event an employee or other individual becomes aware of a compliance issue or suspects that a compliance issue has occurred, a report is submitted to the compliance officer in charge in accordance with the reporting line.

The compliance issue will be reported to Compliance Committee and, depending on its severity, to the president and COO and Board of Directors.

Compliance structure

Global Whistleblowing System

ASICS has put in place a system that enables reports to be submitted through the Global Whistleblowing System.

Global Whistleblowing System

Responding to Whistleblowing and Reporting

When a notification or report is received regarding conduct or potential conduct that violates the ASICS Global Code of Conduct, employment regulations, laws, regulations, or other requirements, the Compliance Committee takes a leading role in conducting a factfinding investigation. When a compliance violation is discovered as a result of an investigation, the compliance officer in charge plays a central role in the response, including corrective action and measures to prevent recurrence. In 2024, 70 incidents were reported, and all cases were appropriately investigated and addressed.

Items

FY2024

Number of whistleblowing and reporting

Number of compliance violations

Harassment

22

5

human rights and discrimination

2

0

violation of rules

18

6

Conflicts of Interest

2

1

Employment issue

3

1

Concerns and inquiries

9

0

Corruption or Bribery

0

0

Customer Privacy Data

0

0

Money Laundering

0

0

Insider trading

0

0

Others

14

5

Total

70

18


Compliance Training

To prevent compliance violations, we conduct various compliance training programs annually for executives and employees. In 2024, we conducted training on laws and regulations related to subcontracting for relevant employees in Japan as well as harassment training globally. Furthermore, we published the ASICS Global Code of Conduct book, which clearly summarizes the principles of conduct that must be adhered to in accordance with the ASICS Spirit, and distributed it to all employees globally.

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