Procurement Policies

To contribute to the sustainability of the environment and society and fulfill social responsibilities with business partners, we are engaged in rational procurement activities according to our Procurement Policies. The purposes of our Procurement Policies are to ensure the security and safety of customers who use products and chemical substances from which the products are made, to comply with laws and regulations, to respect human rights, to promote healthy procurement activities with business partners through fair transactions, to mutually enhance our corporate value, and to reduce impacts on the global environment.

We promote the following activities and transactions:

1. 1) We promote activities to mutually improve corporate value with business partners.
2. 2) We comply with laws and regulations, respect the International Code of Conduct, and promote transactions in light of quality, price, and supply risks on the premise of equal and fair transactions.
3. 3) We respect basic human rights, investigating conflict minerals, child labor, forced labor, and other issues before procuring materials, and we promote procurement activities with our social responsibilities in mind.
4. 4) We promote encouraging business partners to prohibit discrimination, respect the freedom of association and the right of collective bargaining, properly manage working hours, and ensure fair wages and workplace safety and health.

We check materials for compliance with our requirements for development materials and environmental consciousness before procuring new materials.

We ask business partners to submit the following information.

1. (1) Information on delivery specifications
2. (2) Information on quality control
3. (3) Information on the business partner
4. (4) Information on supply risk
5. (5) Information on legal compliance and the International Code of Conduct
6. (6) Information on purchased materials
7. (7) Information on chemical compliance
8. (8) Information on green procurement

For the formats of the above required documents, please contact our Material Department.

For sustainable procurement

We will conduct supplier risk assessment targeting business partners, ask them to conduct periodic self-audits, and audit them ourselves to evaluate their performance for sustainable procurement.
We ask business partners to cooperate in the performance assessment.

For elimination of antisocial forces

We have conveyed our stance to business partners and other related parties through our corporate governance report. Refer to the "Basic stance for the elimination of antisocial forces and our current state" in the corporate governance report.

We encourage business partners to understand and fully recognize green procurement based on our Green Procurement Guidelines.

Green Procurement

1. Green procurement initiatives

   As light is shed on various crises related to global environment, human rights, etc., the 2030 Agenda for Sustainable Development (SDGs) was adopted as an international agreement. We are also aware of the social role of companies, communicate with society, and work on CSR activities to make contributions. We also make efforts day by day to reduce the adverse effects of our business activities on the global environment and human beings.

   The ultimate goals of our chemical substance management are to reduce hazards to human beings and the environment, improve the work environment, and work on a wide range of risks including protection of human rights in local communities and sustainability of the global environment throughout the entire lifecycle of chemical substances (supply chain in terms of products) from materials, research and development, product manufacturing, product transportation and selling by our company, use by our customers, use by end consumers, through to the disposal of products (including derivatives) in the end.

2. Green Procurement Guidelines

   We ask business partners to survey chemical substances in products according to the Green Procurement Guidelines. Please refer to the documents below to take the survey.

   This survey is intended to manage the risks of chemical substances on human beings and the environment throughout the supply chain to contribute to their reduction by managing chemical substances in our products and identifying chemical substances with possible hazards.

   The cooperation of business partners who deliver materials and other products to us and our mutual collaborative efforts are essential to the promotion of these activities. We would appreciate your understanding and cooperation.