Basic Philosophy / Corporate Philosophy

Basic philosophy

The precursor of our company was established in 1919 through the merger of eight Japanese celluloid companies.

By uniting ourselves around the pillars of “enriching lives” and “maintaining a spirit of coexistence and co-prosperity with other companies,” we eliminated excessive competition in the celluloid industry and promoted the development of the celluloid processing industry, adding to the overall supply chain while contributing to greater added value. In addition, through research on the development of noncombustible celluloid, which we addressed jointly following the merger, we nurtured the foundation for the development of the chemical industry that provides a wide variety of materials. Just as our eight celluloid manufacturers joined forces to enrich society, we will contribute to the emergence of a society committed to sustainability together with our customers and partners.

The company making lives better by co-creating value

With dedication to the pursuit of our unchanging aspirations, we will continue to enrich the future through the power of chemistry.

Corporate Philosophy

The Daicel Group formulated a Sustainable Management Policy in order to remain a company that contributes to greater contentment through the co-creation of value, a basic philosophy passed down since the time of our founding. In order to incorporate this management policy, we established the Daicel Group Code of Conduct as an action guideline that all employees must remain aware of and put into practice in all our actions. The Ethical Standards of Daiel Group are norms that apply universally in all areas of corporate activities. We aim to be a corporate group that contributes to society as a good corporate citizen.

In line with this Sustainable Management Policy, the Daicel Group presents its vision of the future in its long-term vision “DAICEL VISION 4.0,” while specific measures and approaches to realize our long-term vision are reflected in our Mid-Term Management Strategy “Accelerate 2025.” We pursue business operations that contribute to the sustainability of society while enhancing our corporate value over the medium and long terms.

The Daicel Group Doctrine
長期ビジョン・中期戦略、行動指針・倫理規範、サステナブル経営方針、基本理念

Basic philosophy

We place great importance on the Basic Philosophy concept, and in future will continue to hold this concept without being influenced by changing times.

The company making lives better by co-creating value
  • Co-creating value・・・Understanding and communicating together with various partners, to jointly create new value

Sustainable Management Policy

Upon a firm foundation of safety, quality and compliance, the Daicel Group will realize our basic philosophy by both contributing to the establishment of a sustainable society and pursuing business growth with integrity, tireless efforts and self-transformation

Sustainable Management Policy

  • We create and provide people with new values to achieve a better quality of life.
  • We construct a circular process with all our stakeholders to make harmonious coexistence with the environment.
  • We promote “People-centered Management” that enables diverse employees to grow while establishing their own presence and achieving fulfillment.

Enacted June 5, 2020

基本理念 | 価値共創によって 人々を幸せにする会社 Sustainable Value Together 最重要基盤「安全・品質・コンプライアンス」 サステナブル経営方針[人々の豊かな生活を実現する新しい価値を創造し提供します・全てのステークホルダーとともに地球環境と共生する循環型プロセスを構築します・多様な社員が全員、存在感と達成感を味わいながら成長する「人間中心の経営」を進めます] 人間中心の経営 Sustainable People 働く人の幸せ Sustainable Process 幸せを提供する環境 Sustainable Product 社会と人々の幸せ Sustainable Loop 組織の成長
Sustainable Management Policy

Daicel Group Code of Conduct

Every employee is encouraged to remain aware of these guidelines and to manifest them in all corporate activities in order to reflect the Group’s Sustainable Management Policy.

Daicel Group Code of Conduct

  • 1.
    We conduct ourselves with strong moral and ethical standards.
  • 2.
    We treat others with dignity and respect.
  • 3.
    Though we have independent thoughts and actions, we collaborate to achieve optimal result as necessary.
  • 4.
    We create a "future of promise" for all by embracing new perspectives, adopting a mindset of change, and embracing the spirit of challenge.
  • 5.
    We proactively engage with individuals beyond our organization, fostering new benefits by promoting open partnerships with diverse companies and entities.
  • 6.
    We recognize that safety, quality, and compliance are the pillars of the manufacturing industry. Therefore, we prioritize them in our daily operations, continually striving to meet the expectations and earn the trust of our customers and society.

Established on April 1, 2023

Ethical Standards of Daicel Group

In order to survive in an increasingly diverse global society, we establish group ethical norms that universally apply to all areas of corporate activity.

By committing to these policies and applying them in our daily business practices, our employees consistently conduct business with strong morals, integrity, and the highest standards of ethics. These efforts demonstrate Daicel’s good corporate citizenship and integrity.

Ethical Standards of Daicel Group

以下の規範は、サプライチェーンを含めた、当社グループの事業運営にかかわるすべての領域を対象とします。

The following Ethical Standards of Daicel Group applies to all employees of Daicel Group companies, including our supply chains.

  • 1.
    Fair and transparent business activities
    • Compliance with laws (legal rules, regulations, ordinances, etc.), company policies and procedures.
      We are committed to domestic and international legal and regulatory compliance, as well as company policies and procedures.
    • Fair business practices
      We practice fair business and competition. We do not participate in unfair or anti-competitive business practices, including collusion, cartels, and bid rigging.
    • Compliance with contract terms and customer requirements
      We prioritize compliance with customers/suppliers terms and conditions set forth in an executed contract. If a new term or condition arises that is not explicitly defined in the contract, we will clearly communicate the new term to all contracting parties once it has been mutually agreed upon.
    • Fair accounting
      We conduct fair accounting and tax practices based on accurate records.
    • Responsible procurement
      We strictly prohibit inappropriate transactions, including the abuse of a dominant bargaining position, in our commitment to upholding fair business practices. We exercise thorough due diligence in supplier selection to ensure that only those who align with our social and ethical standards, such as environmental conservation and human rights protection, become part of our supply chain.
    • Information Management
      We commit to the safeguarding of our company’s and third parties’ confidential information, including personal data, by maintaining an effective information security system. We adhere to privacy and information security laws and regulatory requirements when personal information is collected, stored, processed, transmitted, and shared.
    • Ban on insider trading
      Insider trading is prohibited, and we handle crucial undisclosed information in the utmost responsible and appropriate manner.
    • Protection of Intellectual Property
      We carefully safeguard the Group’s intellectual property rights and prohibit any actions that would infringe upon the rights of others.
    • Disclosure of information
      We disclose accurate corporate information, taking into consideration the interests of various stakeholders, including shareholders, in a timely, appropriate, and fair manner. In addition, we conduct suitable dialogues according to the needs of each stakeholder.
    • Partnership with nonprofit and non-government organizations (NPOs/NGOs)
      Our corporate-nonprofit partnerships have generated positive impacts on various social and environmental issues. We remain dedicated to seeking contribution opportunities to organizations that are committed to addressing pressing challenges faced by our communities today. We collaborate with NPOs and NGOs that offer innovative and comprehensive solutions to these issues, with the aim of making a meaningful and sustainable difference in society.
    • Proper relationships with politics
      We maintain a suitable and transparent relationship with politics, based on legal regulations.
    • Prohibition of corruption and engagement with antisocial forces
      We have no affiliation with any criminal syndicates or organized crime groups. Corrupt practices such as bribery, embezzlement, and money laundering are strictly prohibited.
    • Sensible course of action
      We clearly distinguish between public and private matters and do not misuse company assets or expenses for personal purposes.
      Giving or receiving gifts or favors that exceed commonly accepted social norms is not allowed.
    • Transparent and healthy work environment
      We operate in an open work environment that is transparent and discourages secrecy, where common daily activities include communication and collaboration, consultation, and timely reporting of any potential issues.
      Our principle of "Bad News First" also promotes transparency and discourages employees from committing fraud or participating in cover-ups.
    • Whistleblower protection and non-retaliation
      We established internal and external channels for whistleblowers to securely report any violations of laws or the Code of Conduct. 
      These channels are equipped to maintain the confidentiality, anonymity, and protection of whistleblowers, unless prohibited by law. Any form of sanctions or retaliation against whistleblowers is strictly forbidden.
  • 2.
    Respect for all individuals and maintaining a healthy and positive work environment.
    • Respect for human rights
      We believe all humans, regardless of race, sex, nationality, ethnicity, language, religion, or any other status, are entitled to all human rights outlined in the United Nations Universal Declaration of Human Rights, and we are committed to treating all workers with dignity and respect.
    • Respect for diversity and prohibition of discrimination and harassment
      We are committed to providing a work environment that is free of harassment and unlawful discrimination, such as race, ethnicity or national origin, color, age, gender, sexual orientation, gender identity and expression, disability, pregnancy, and religion.
      This commitment extends to all aspects of employment, including hiring, wages, promotions, and access to training opportunities.
    • Prohibition of forced labor and child labor
      We prohibit employment of any forced labor or child labor.
    • Freedom of association and collective bargaining rights
      We respect the right of all workers to form and join trade unions of their own choosing, to bargain collectively, and to engage in peaceful assembly, in conformance with local law.
    • Occupational safety and health management
      We continuously identify, assess, and mitigate employees’ potential exposure to health and safety hazards. Workers are to be provided with appropriate, well-maintained, personal protective equipment where necessary, as well as ongoing occupational health and safety training.
      We also strive to develop and improve the mental and physical well-being of all Daicel Group employees.
    • Human resources development initiatives
      We believe that people are the driving force behind all business activities. Thus, our human resources development initiatives are aimed to enhance employee skills, knowledge, capabilities and promote professional growth in alignment with Daicel's values and goals.
    • Work-life balance
      We recognize the importance of maintaining a healthy equilibrium between work responsibilities, personal well-being, and privacy of individuals. We encourage employees to set and maintain appropriate boundaries between work and personal life, which include respecting non-working hours and setting adequate time for rest, relaxation, and personal commitments.
  • 3.
    Sustainability, environmental conservation, and social responsibility
    • Product functionality, quality, and excellence
      We manufacture and deliver high quality products that are functional and align with customer expectations. We consistently review and improve our production methods to meet quality standards with ongoing goals to exceed customer expectations and improve customer satisfaction.
    • Environmentally friendly and socially conscious production processes
      We continuously identify the environmental impacts and strive to minimize adverse effects on the community, environment, and natural resources within our manufacturing operations, while safeguarding the health and safety of the public. We have developed technologies to drive innovation in new production processes that minimize environmental impact and reduce energy consumption. Furthermore, we actively contribute to the establishment of a circular economy, promoting the efficient use of resources and minimizing waste.
    • Safe handling of chemicals
      We comply with relevant laws, regulations, and industry standards for the safe handling, storage, transportation, and disposal of chemicals. This ensures that employees are aware of and adhere to legal requirements to minimize risks to human health and the environment, including leakage.
    • Emergency preparedness and disaster prevention
      As a chemical plant, we place great emphasis on establishing and maintaining a robust safety and disaster prevention system to prepare for natural disasters such as earthquakes and typhoons. We continuously improve this prevention system through education and training programs, including emergency drills. By equipping our workforce with the necessary knowledge and skills, we strive to always operate safely and minimize harm to life, the environment, and property in an emergency or event of natural disasters.
    • Contribution to local communities
      Engaging with local communities is essential to being responsible corporate citizens. Daicel builds relationships with various local communities to understand their needs and priorities, to collaborate with community members and organizations, to help align our contributions with the communities’ specific needs, and to foster meaningful partnerships that drive positive change.

Established on April 1, 2023

Long-Term Vision and Mid-Term Management Strategy

In keeping with our Sustainable Management Policy, these initiatives represent the Daicel Group’s vision for the future and the specific steps required to achieve this vision.

Long-Term Vision and Mid-Term Management Strategy

Group Symbol

Our symbol, which uses Daicel blue, gives a sense of action and speed by the oblique character design used for the word DAICEL.

The three red circles represent below;

  • Our Unceasing Passion for Creation,
  • Our Strong Will to keep working on Innovation
  • Our Fighting Spirit to Continue taking on New Fields outside our company's current scope.
Daicel Corporation