10-year Vision
Winning absolute customers’ trust 2025
Our aspirations
Become the most reliable supplierin the eyes of our customers
Contribute to the weight reductionof automobiles globally
Achieve sales target of over 200 billion yen“Offering superior products and service to our customers.”
This is a part of our Corporate Philosophy.
When it comes to die casting, we like to have our customers feel,“Ahresty is trustworthy and our most reliable supplier.
Let’s place an order with Ahresty!”
As such we are aiming to realize the ideal Ahresty.

Winning absolute customers’ trust 2025
“Pursuing MONOZUKURI”is also an important way
of winning absolute customer’s trust.
We will respect“the five gens”(genba (worksite), genbutsu(actual goods), genjitsu (reality), genri (principles) and gensoku(fundamental rules)), and actively develop new technologies tocontribute to the weight reduction of automobiles.
We will enhance our reliability with employees, shareholders andinvestors, business partners, and local communities, and realize
Ahresty that grows day by day by earning tremendous trustfrom our customers.
8

Code of Conduct of the Ahresty GroupThe Ahresty Group shall conduct its business activities with the trust of its stakeholders as a starting
point and keeping in mind the business concept of
constantly raising the value of the company.“Code ofConduct of the Ahresty Group”summarizes essential
provisions to be followed when concrete actions aretaken in order to realize the spirit of our management principles from a compliance perspective. This
shall have preference in any corporate activities ofthe Ahresty Group.
Executives and employees and other staff/associates(including agency-dispatched contract employees) of
the Ahresty Group shall be required to engage infair corporate activities based on this Code of Conduct, observing laws and company rules, performinghonest and fair business activities that do not violatesocial norms, and appropriately understanding andstrictly following rules related to business activities.
If any violation of this Code of Conduct, laws or corporate rules is confirmed, companies of the Ahresty
Group shall take necessary procedures such as investigating the facts, establishing countermeasures, reporting to the monitoring authorities, penalizing violators, and establishing preventive measures, inaccordance with the corporate rules.
Code of Conduct of the Ahresty Group consists of thefollowing seven chapters.
Chapter 1 Compliance with Laws

(rules pertaining to intent of norms andresponsibility of compliance)
9

Code of Conduct of the Ahresty Group

Code of Conduct of the Ahresty Group

Chapter 2 Relationship with Clients and Partners

vant laws in all corporate activities, and to recognize that it is essential to perform activities that
conform with social ethics to increase corporate
value of the Ahresty Group.

(rules pertaining to open competition, fair tradeetc.)

Chapter 3 Relationship with Shareholders andInvestors(rules pertaining to corporate information,insider trading etc.)

Chapter 4 Relationship with Employees(rules pertaining to respect of human rights,privacy protection etc.)

Chapter 5 Management of Corporate Assets andInformation(rules pertaining to trade secrets, intellectual propertyetc.)

Chapter 6 Relationship with Society(rules pertaining to endowment acts, politicalcontributions etc.)

Chapter 7 Operating Procedures(Detailed explanation omitted in this Handbook.)*Refer to AS (Ahresty Standards) for the Chapter 7.

Chapter 1 Compliance with Laws
1. Intent and scope of the Code of Conduct
This Code of Conduct shall define rules for daily
business operations to be followed by all executives(including those equivalent to executives. Hereinafter regarded as the same) and employees and otherstaff/associates (executives and employees and other staff/associates are hereinafter collectively called“we”) in order to realize the social responsibility
taken by the Ahresty Group, to comply with rele10

2. Compliance with law norms
We shall not only observe laws but also respect social ethics and endeavor to perform fair corporateactivities.
（1）We shall observe applicable laws.
（2）In addition to observing international rules andlaws of each country, we shall respect customs
and cultures of the countries where companiesof the Ahresty Group have business operations.
（3）We shall thoroughly understand corporate ethics and act in a sensible and responsible manner as a member of society.
3. Compliance with corporate rules
We shall adequately understand management principles, Corporate Philosophy, and 10-Year Vision,
perform individual duties with sincerity, and follow
corporate rules including labor regulations, regulations regarding safety and health, and respective
operating procedures.
4. Responsibility to comply with Code of Conduct（1）We shall honestly perform the items specified
in this Code of Conduct（2）Executives and persons in management positions must work on providing, establishing andmaintaining the working environment thatwould allow the employees under their supervision to follow this Code of Conduct and shall11

Code of Conduct of the Ahresty Group

Code of Conduct of the Ahresty Groupsupervise and monitor them.
（3）To ensure that corporate activities comply
with this Code of Conduct, relevant departments shall disseminate Compliance Principles
and Code of Conduct of the Ahresty Group internally, provide advice and guidance in reference to the actual compliance rules and perform other necessary activities.

price, delivery terms, technology development
ability, stable supply, management ability andother conditions to determine the most appropriate business partner.
（2）We shall not use our dominant position to unjustly cause disadvantages to suppliers.
（3）When outsourcing manufacturing and business
operations, we shall make contracts and conducttransactions with the business partners on thebasis of full understanding of Act against Delayin Payment of Subcontract Proceeds, etc. to Subcontractors and ensuring that no delays in payment occur.
4. Business entertainment, gift-giving (prohibition of giving and acceptance of bribes)（1）We shall not accept or provide any socially inappropriate business entertainment or gift-giving.
（2）We shall not provide prohibited business entertainment or gifts to public officials and thoseequivalent to public officials.
5. Compliance with laws related to import and export
Regarding import and export trade of products, technologies and services, we shall observe the Foreign
Exchange and Foreign Trade Act and other regulations defined in domestic and international laws, andshall follow specified procedures.
6. Appropriate advertising
When issuing documents or providing information foradvertising or sales purposes, we shall provide usefuland factual information in an honest manner to avoid
causing any misunderstanding to the customers.

Chapter 2 Relationship with Clients and Partners
1. Superior products and service（1）While manufacturing, developing, selling, storing,and repairing products, we shall pay attention tosafety and shall also thoroughly understand andcomply with laws and safety standards relevant
to product safety.
（2）We shall provide appropriate and precise information regarding our products and services.
2. Fair trade and open competition（1）We shall establish and keep fair and transparent
relationships with our partners and do businesshonestly with them.
（2）We shall trade with all our partners on the basisof the principle of open competition and observing antimonopoly and other relevant laws. We
shall not perform bid-rigging, cartel agreements
and other activities that prevent fair and open
competition
3. Trade with suppliers
We shall have trade with suppliers in a fair and appropriate manner with good sense and honesty.
（1）When selecting a supplier from multiple vendors,
we shall fairly compare and evaluate quality,1213

Code of Conduct of the Ahresty Group

Code of Conduct of the Ahresty Group

Chapter 3 R elationship with Shareholders andInvestors

vironment, shall respect human rights, andshall not perform any discrimination.
（2）We shall not discriminate people on the basisof age, sex, place of birth, nationality, race, religious beliefs, hobbies, academic background,disabilities, sexual orientation etc.

1. Disclosure of management information（1）We shall strive to disclose the information regarding
corporate management status and overall corporate
activities on a timely basis and in an appropriatemanner to keep our shareholders and investors precisely informed.
（2）We shall disclose our corporate information at theappropriate time and in a suitable manner, taking
into account the need to maintain confidentiality.
2. Prohibition of insider trading
Observing Financial Instruments and Exchange Act, weshall not sell, buy or perform other actions with company's stocks with knowledge of critical information of thecompany before such facts are disclosed to the public.
* When selling or buying stocks of Ahresty Corporation,
notification shall be made to Corporate Information Control General Manager by submitting“Notification abouttrading company's stock”, at least 5 days prior to the relevant transaction.
* Refer to AS (Ahresty Standards) for details regarding
insiders trading.

Chapter 4 Relationship with Employees
1. Respect of human rights, prohibition of discrimination
We shall strive to maintain a healthy work environment, shall respect human rights and shall not perform any activity that could lead to discrimination.
（1）We shall strive to maintain a sensible work en14

2. Handling of personal information
Personal information obtained through our businessactivities, whether directly or indirectly, shall bestrictly controlled and shall not be used for anythingother than business purposes. Additionally, we shallstrictly protect information from leaking out.
3. Health and safety of officeObserving the labor relation laws, we shall strive
to establish a safe and healthy work environment.
4. Prohibition of harassment
To establish a healthy work environment, we shallnot condone any harassment.
Harassment specified here shall include “sexual harassment”, “power harassment”, and “other harassment”.
（1）We shall not sexually harass others or engage
in any activities that may be misunderstood byothers as sexual harassment.
（2）We shall not harass others on the basis of authority or other power with actions or words
that would be considered to be unreasonablefrom an objective perspective.
（3）We shall never perform any action or say anything that would make others feel uncomfortable and shall strive to prevent others from do-15

Code of Conduct of the Ahresty Grouping so.
5. Communication（1）We shall aim at smooth communication systemwith our employees and other staff/associates
by informing them that the company's decisions
are made on the basis of laws and corporate
rules. Furthermore, we shall set the following as
guiding principles and shall practice them.
· We shall sincerely listen to the opinions of ourpartners and shall respond on our own initiative.
· We shall share information speedily and precisely.
· We shall share the goals and context of all
business operations and shall strive for improvement.
（2）We shall be aware of our responsibility as a social member and strive not to do or say anything that deviates from social common sense
in our private lives, too.
6.	We shall provide a corporate consultation service:
Compliance Reporting System
Please report or declare actions that violate or may
violate this Code of Conduct, laws or corporate
rules.

Chapter 5 Management of Corporate Assets		and Information
1. Proper accounting procedures
We shall make correct entries to accounting books andslips, complying with related laws and corporate rules.
16

Code of Conduct of the Ahresty Group2. Management of confidential information
We shall store confidential information properly andshall not disclose it or let it leak outside the company
without permission.
（1）Confidential information of our company and other companies shall be strictly controlled andmust not be used for anything other than business purposes.
（2）When disclosing confidential information of thecompany outside the company, we shall conclude
nondisclosure agreements to prevent leakage.
（3）We shall not steal confidential information fromother companies, or use such information for anything other than permitted purposes.
3. Management and proper usage of corporate assets
We shall use corporate assets efficiently and understandthe necessity to keep them in usable condition at alltimes.
Irrespective of tangible or intangible assets, we shallkeep them from damage or theft and shall not appropriate them for personal or other purposes except intended
use. We shall not use corporate assets or expenses for
personal purposes.
4. Proper document control
We shall understand the importance of control of information of documents and records and shall control
them properly.
5. Use of information systemn（1）We shall use the company information system
only for business purposes, and shall not use it
for personal purposes.
17Code of Conduct of the Ahresty Group

Code of Conduct of the Ahresty Group（2）We shall strictly control user IDs and passwords
related to the information system, and prevent
them from being leaked.
（3）We shall not steal IDs and passwords of others,or break into the computer system of others.
（4）We shall treat stored media with care, and ask
for permission to take them outside of company
premises.

（2）For political funds, contributions, election andpolitical activities, we shall observe related
laws such as the Political Funds Control Law
and the Public Officers Election Law and shallconduct activities in a proper manner.

6. Protection of and respect for intellectual property
We shall understand that intellectual property of thecompany is an important corporate asset, utilize it
properly and strive to preserve the rights of intellectual property.
（1）Regarding the inventions based on manufacturing and development activities, we shall strive tomaintain and preserve intellectual property (patent rights, utility model rights, design rights,
trademark rights, copyright etc.) of the company
by promptly conducting specified procedures.
（2）We shall respect intellectual property of othercompanies (other persons) and make appropriate
agreements if we use it for our business purposes.
We shall not intentionally violate or misuse theserights.
（3）We shall not engage in any activities that violate
intellectual property of others such as unauthorized copying of software.

Chapter 6 Relationship with Society
1. Endowment acts and political contributions（1）We shall consider the necessity and adequacy ofthe endowment act to be conducted.
18

2. Prohibition of engagement in anti-social activities
We shall respond to any anti-social force or organization that threatens the order and safety of civilsociety with a resolute attitude, and firmly refuse
any requests or demands of unreasonable dealings
with them. When a problem occurs, we shall uniteand solve it together and shall not have employees
and other staff/associates deal with it individually.
3. Preservation and protection of environment（1）Regarding research, development, manufacturing, sales and disposal of products, we shall observe environmental laws and treaties andmanufacture environmentally friendly productswith sufficient understanding of the importanceof preserving the environment.
（2）Even as an individual, each of us shall consider
environmental problems as an important issue
for executing our business and actively workon solving these issues.
4. Contribution to society
We shall positively participate in social contribution
programs as a corporate citizen, and use our corporation for regional revitalization through communication with the community.

19