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News Release

Enhancement of CSR Promotion System - Organization of CSRO and CSR Promotion Headquarters -

February 15, 2007

Furukawa Electric Co., Ltd. has long been aspiring to the CSR (Corporate Social Responsibility) oriented management. In order to further enhance and strengthen this objective, the company newly set up an office of CSRO (Chief Social Responsibility Officer) and organized CSR Promotion Headquarters under the control of CSRO as of February 16, 2007. CSR Promotion Headquarters shall have, as its internal organization, Audit Department, Export Control Office, Safety Environment Promotion Office and Administration Department, which are either transferred from other organization or newly established, and shall promote various aspects of CSR-related activities such as compliance, risk management, safety, emvironment protection and social contribution in an integrated manner.
In recent years, the corporate social responsibility in such fields as compliance, product safety and environment protection became more critical issue than ever for the corporations. The company firmly believes that the corporate activity should be founded on the compliance with social rules and corporate ethics, the consideration to earth environment, the safety of products and the safety of local community and employees and, based thereon, the company should fulfill its responsibility as a manufacturer to supply products which contribute to the development of society and the improvement of human life. Therefore, in order to appropriately achieve such corporate social responsibility, the company decided to set up an office of CSRO and CSR Promotion Headquarters, which are assigned to enhance the monitoring of whole corporate activities from CSR-oriented view points and promote various CSR related activities in an integrated manner, and thus strengthen the system to take necessary actions properly and promptly, should any problem arise, such as the facts relevance survey and cause investigation, the planning and implementation of corrective measures and reoccurrence prevention and the public announcement thereof.
In addition, Quality Assurance Promotion Office was set up on the same date as an organization to exclusively promote the quality assurance on a company-wide basis under the control of CPO (Chief Production Officer) since the quality assurance is a CSR issue in a way but it is also a fundamental issue for the manufacturer. And, Safety Environment and Quality Administration Office under the control of CPO is abolished as of the same date.

Organization Chart

Organization Chart

New Staff Assignment

Tetsuya Sato, Operating Director & General Manager - Export Control Office, is assigned as Operating Director, CSRO, General Manager - CSR Promotion Headquarters and General Manager - Export Control Office of CSR Promotion Headquarters.

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