Procurement

Basic Procurement Policy

Fundamental Policy

  1. We will comply with laws, regulations and customs and build relationships based on mutual cooperation and trust with suppliers.
  2. We will offer fair trading opportunities to suppliers.
  3. We will fulfill our human rights, environmental and other social responsibilities through our procurement activities.

Guidelines for Procurement Activities

The IBIDEN Group will base its procurement activities on the following specific stances, in accordance with the Basic Procurement Policy:

(1) Fair procurement activities and procurement at optimal costs
We will seek optimal costs in accordance with the principle of market competition while placing top priority in material procurement on fairness and justice.
(2) Building of relationships based on mutual cooperation and trust
All our officers and employees will endeavor to build relationships based on mutual cooperation and trust with suppliers in active compliance with laws, regulations, and customs, and in accordance with IBIDEN Employees' Code of Conduct, instituted as a standard for activities to embody our corporate philosophy IBIDEN WAY.
(3) Environmental conservation
All of our officers and employees will endeavor to build relationships based on cooperation and trust with suppliers in active compliance with laws, regulations, and customs, and in accordance with IBIDEN Standards for Employee Behavior -Employees' Code of Conduct, instituted as a standard for activities to embody our corporate philosophy IBIDEN WAY.
(4) Securing optimal quality
We will endeavor to procure materials that meet our quality requirements so that we can offer products that our customers trust.
(5) Punctual deliveries and stable supply
We will endeavor to procure materials as required in a stable manner for the purpose of consistently offering products to our customers. We will also take steps to secure service parts for the future.
(6) Technical superiority
We will employ materials and parts with unique or leading-edge technologies, or that offer technical advantages, for the purpose of creating new technologies on the basis of innovative capabilities.
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Requests to Suppliers

The IBIDEN Group operates a global business.
This requires us to fulfill our corporate social responsibility throughout a supply chain that includes not only ourselves but also our suppliers. To meet this demand, we expect our suppliers to join us in addressing the issues described below.
In addition, we ask our suppliers to make the same requests to their suppliers.

(1) Compliance with laws, regulations and customs
Suppliers should comply with the laws, regulations and customs that apply in the countries and regions where they conduct business, in addition to the examples listed below:
  1. Compliance with laws and regulations relating to manufacturing and distribution of materials
  2. Compliance with laws and regulations relating to labor
  3. Compliance with laws and regulations relating to occupational health and safety and to the provision of appropriate working environments
  4. Prohibition of child labor and forced labor
  5. Prohibition of racial, sexual and other discrimination and respect for the rights of employees
  6. Compliance with environmental laws and regulations
  7. Prohibition of bribery and any other dishonest acts

*We also work to avoid procurement of the material that assists illegally mining and fueling human right atrocities in conflict area (such as the Democratic Republic of Congo).

(2) Sound business management
Suppliers should practice sound and impartial management, so that we can enjoy continuous transactions and build relations with them based on cooperation and trust. Suppliers are also requested to properly disclose their business conditions and other information.
(3) Environmental considerations
Suppliers should proactively protect the environment and practice environmental management, incorporating environmental considerations in their business activities and technical development and supplying materials that conform to our Green Procurement Guidelines.
(4) Optimal quality
Suppliers should comply with the necessary safety standards and other requirements in different countries and regions and to supply materials that meet our quality requirements so that we can provide our customers with the best possible products.
(5) Fair pricing
Suppliers should supply materials at fair prices based on the principle of market competition.
(6) Stability in supply of materials
Suppliers should unfailingly meet delivery dates and ensure a stable supply of materials so that we can consistently provide our customers with products.
(7) Technical superiority
Suppliers should propose unique or special technologies, and other technical advantages, with their materials.
(8) Maintenance of confidentiality
Suppliers should strictly control and keep as confidential any information obtained through materials transactions with the IBIDEN Group, and not to make information known to any third party without our approval.
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