Declaration of Compliance

We, Nippon Yakin Kogyo Co., Ltd., offer outstanding products that drive progress and create a better world as part of our management philosophy. In addition, we aim to satisfy the expectations of all our shareholders and stakeholders by having an edge over international standards, in all respects, and increasing our corporate value.

As we work to realize our management philosophy and targets, what we absolutely must not lose is the trust of society.

To secure this trust and provide reassurance to everyone related to our Group, we require that all officers and employees working at our company and within our Group not only comply with laws, regulations, and internal regulations, but also respect social norms, and continue to stay alert so as not to become involved in acts that violate laws or public decency, regardless of whether within Japan.

Our company emblem represents two interlocking rings. This signifies our intention to have companies and society, our shareholders, business partners, and employees and their families achieve prosperity together, hand in hand.

We will continue to strive towards cultivating a “spirit of compliance,” i.e. a spirit of observing laws and respecting social norms in accordance with our “Code of Conduct,” so that we can continue to secure the trust of society, which is the basis for our realizing this shared existence and prosperity.

December 17, 2010

Nippon Yakin Kogyo Co., Ltd.