Sustainability

• We promote fair and equitable procurement.
  
  • We provide equitable trading opportunities to all of our business partners on the basis of fair and free competition.
  • Under the “Declaration of Voluntary Activities for White Logistics Movement” and “the Declaration of Partnership Building”, we build cooperative relationships with our business partners, such as raw material manufacturers, business consignees, and transportation contractors, through sound and bona fide trading activities, thereby aiming to grow and prosper together.
• We conduct procurement on the fundamental premise of respect for human rights, observance of laws and regulations and compliance with corporate ethics standards.
  
  • We do not procure raw materials or services from geographical areas or other sources that might involve human right violations, such as mining of so-called conflict minerals.
  • We construct and maintain an internal system capable of ensuring employees’ legal and ethical compliance and proactively provide employees with relevant programs of education and training.
  • We take thorough measures to prevent the leakage of confidential information received from business partners.
• We do not receive any personal gains from others in connection with procurement transactions.
  
  • We never receive personal benefits in the form of entertainment, gifts, gratuities or others when procuring raw materials or services.
• We fulfill our corporate social responsibilities jointly with our business partners toward realizing a sustainable society.
  
  • Among the key issues constituting corporate foundations that support the continuity of our business is “Respect for Human Rights.” As an initiative to this end, we perform human rights due diligence across our supply chain, which includes identifying human rights risks, preventing or reducing human right violations, evaluating effectiveness of relevant measures taken, and disclosing information on the initiatives in place.
• We attach importance to the following matters when selecting our business partners.
  
  • In selecting a company as our business partner to procure from, we expend every effort to make a fair judgment by considering the following factors, in addition to “quality,” “price,” “stability,” “sustainability,” “technological superiority” and “after-sales service” with respect to the specific raw materials and services to purchase.
    
    • The company has an established internal system dedicated to occupational safety and health management whereby constant efforts are made to promote disaster prevention & safety management and perform risk management.
    • The company has an internal system in place to ensure employees’ observance of laws and regulations and their compliance with corporate ethics standards.
    • The company is strict in respecting human rights and prohibiting discrimination, forced labor and child labor.
    • The raw materials and services we may procure from the company are not related in any manner to human right violations, environmental destruction, corruption, or conflicts.
    • The company is engaged in work to eliminate adverse impacts of its business activities on the natural environment or is sincere in conducting business in an environmentally friendly manner.
    • The company agrees to collaborate with us in promoting initiatives to achieve carbon neutrality.
    • The company has no connection at all with antisocial forces.
    • The company agrees with us on all of the foregoing basic policies on sustainable procurement.

Basic Approaches to Gift-Giving and Entertainment by Business Partners

• We prohibit our executives and other employees from engaging in the following.
  
  • To demand gifts and/or entertainment from business partners in the course of duties
  • To receive the following gifts and/or entertainment from business partners in the course of duties
    • Money, bills, checks, money orders, and precious metals or jewelry
    • Excessively expensive, luxurious, or frequent goods, food and beverages, or other services
    • Goods or services whose provision or cost coverage is deemed inappropriate in light of social norms
• Our executives and other employees are required to file a notification in accordance with the procedures specified by the Company in the event of receiving gifts and/or entertainment from business partners in the course of their duties.
  
  • “Business partner” refers to any enterprise, organization and/or individual that has conducted or intends to conduct transactions—whether direct or indirect—with the Company, including the sale or purchase of services, goods, or other items. This includes cooperating companies, business consignees, suppliers of raw materials and/or materials and equipment, customers, and trading firms regardless of their line of business
  • “Gift-giving and/or entertainment” refers to the following behaviors. Even if the Company covers part of the cost, the act constitutes gift-giving and/or entertainment if the business partner in question effectively bears the majority of the expense Gift-giving: Gratuities, parting gifts, monetary tokens of sympathy, condolence money for a funeral, gift vouchers, taxi coupons, etc.
    Entertainment: Arranging or covering expenses for wining and dining, transportation, amusement, shopping, travel, and golf

To build sound relationships with business partners, we ask for their understanding and cooperation with our “Basic Approaches to Gift-Giving and Entertainment by Business Partners.”