Fair Competition and Trade
The Company has summarized its basic perspectives on CSR activities throughout the supply chain in the CSR Procurement Basic Policy of the Nisshinbo Group.
Based on the CSR Procurement Basic Policy of the Nisshinbo Group, each Group company has formulated its own CSR procurement guidelines, which are more concrete and adjusted to specific business descriptions. After informing suppliers of these guidelines, we conduct supplier surveys.
In the future, we will continue to promote CSR procurement initiatives along with our suppliers.
Japan Radio Initiatives
Japan Radio Co., Ltd. and its subsidiaries conduct CSR activities based on the CSR Procurement Basic Policy in order to promote procurement activities that are conscious of CSR. By doing so, they aim to fulfill their social responsibility throughout the entire supply chain together with suppliers.
Japan Radio strives to build relationships of trust with suppliers and prevent illegal or dishonest practices by requesting thorough compliance to its suppliers and the entire supply chain beyond them.
In addition, the company has asked its main suppliers to take a survey (Japan Radio Group Supply Chain CSR Survey) in order to conduct a self-check, and has received responses from 236 companies.
Japan Radio aims to continue to ensure fair and transparent business practices through deepening its relationships with suppliers.
Nisshinbo Mechatronics: Request to Suppliers
Based on Nisshinbo Group’s Corporate Philosophy, Nisshinbo Mechatronics Inc. upholds business conduct guidelines that include regulatory compliance, proper information management, awareness and consideration toward environmental burden, as well as sound, fair and transparent trade.
The company works to maintain and improve fair trade practices by conducting regular internal audits each year regarding compliance with a Japanese law on preventing delays in payments to subcontractors (Act against Delay in Payment of Subcontract Proceeds, Etc. to Subcontractors).
The company website includes a request to suppliers to conduct the following seven activities together with the company.
- To strictly observe all legal obligations and social norms
- To always pursue business in a sound and fair manner
- To properly manage all information
- To give due consideration to protection of the environment
- To respect all basic human rights
- To strive for a secure and healthy living and working environment
- To aim to ensure the quality and safety of all products and services