The Nisshin OilliO Group clearly understands that as a group of companies it has a responsibility to society. Within this framework, we believe we have a mission to develop our business activities with as much vitality as possible. To achieve the correct balance, we also understand that all employees of The Nisshin OilliO Group must act in accordance with a firm corporate code on a daily basis.

This corporate code is encapsulated in this "Credo of The Nisshin OilliO Group" formulated by the Group on the basis of the Group's philosophy. The Credo's objectives are to increase all employees' awareness and understanding of the Group's mission and responsibility to society, and to advance the Group's spirited future business development in tandem with society's approval.

The Credo of The Nisshin OilliO Group
(In effect since October 1, 2002)