Basic policy

Our basic policy for procurement is described below.

1. Mutual development through mutual trust

Based on the principle of coexistence and mutual prosperity, we seek mutual development with our suppliers through various activities.
To achieve this, we believe it is important to build relationships of trust through close, interactive communication with our suppliers.

2. Open and fair competition

We provide all companies wishing to do business with us with an opportunity to participate in conducting transactions in an open and fair manner, regardless of nationality, scale, or history of transactions.
We select suppliers by comprehensively evaluating not only quality, technical capabilities, cost, and delivery times but also safety, attitude toward continuous improvement, and other factors.

3. Promotion of green procurement

We intend to procure environmentally friendly parts, raw materials, and materials from environmentally conscious suppliers, with the aim of enhancing environmental conservation efforts in cooperation with our suppliers.

4. Promotion of localization to be a good corporate citizen

We aim to become a supplier operating worldwide and to contribute to creating an enriched society as a good corporate citizen.
To this end, we seek to expand our corporate activities globally and actively promote localization in each region as a local enterprise.

5. Compliance with laws and regulations

We comply with all applicable laws and regulations in our procurement activities.
We also exercise due care in the handling of confidential information obtained through transactions.

Sustainability

In order to promote responses to ESG issues throughout our supply chain in an effort to realize a sustainable society, we have compiled our sustainability initiatives and the issues we would like to address together with our suppliers in the "Sustainability Guidelines."

We ask our suppliers to understand and implement the guidelines and to further disseminate and promote them among their business partners.

Green Procurement

In a situation where environmental problems such as global warming, depletion of the ozone layer, and resource depletion are becoming more serious on a global scale, It has become an important issue for companies to reduce their environmental impact and to conduct economic activities without wasteful use of resources.
We also position environmental conservation as an important management issue, and promote environmentally friendly business activities in all areas from development and production to sales and service.
In procurement, we aim to improve environmental conservation in cooperation with suppliers by striving to "procure environmentally friendly parts, raw materials, and other materials from environmentally conscious companies."