The Toyo Tanso Group conducts procurement activities in line with the Procurement Policy described below. The policy prescribes sustainable procurement activities, as well as fair and appropriate transactions. In addition, Toyo Tanso works with its suppliersin procurement, in order to fulfill environmental and social responsibilities across its global supply chain.

• 1) Global procurement
  We offer open business opportunities to all suppliers, regardless of their nationality, scale, and market, whether or not they have had business with us before, based on the principle of free competition, to procure good components and services from the most appropriate regions, through suppliers across the world.
  
  
• 2) Fair and correct selectio
  We evaluate and select our suppliers in a fair and correct manner, considering, in a comprehensive manner, their compliance with regulations and social norms, as well as quality, prices, lead time, supply stability, services, proposal ability, information-gathering ability, technical capabilities, environmental conservation, and financial health.
  
  
• 3) Protection of information and trust
  We comply with laws, regulations, and social norms concerning procurement and purchasing activities, as well as building mutual understanding and trust with our suppliers, in order to coexist and co-prosper with them.
  We manage and protect confidential information and personal information obtained through our business transactions in an appropriate manner, and will not disclose such information to third parties without obtaining approval from our suppliers.
  
  
• 4) Green procurement
  We prioritize recycling and energy and resource conservation in consideration of the environment, in order to help realize a sustainable society. We also promote green procurement by using components that do not contain hazardous chemicals, in order to help reduce the environmental burden.
  
  

Conceptual diagram of Sustainable Procurement

Sustainable Procurement Guidelines are under development.

Toyo Tanso has published its Declaration of Partnership Building as endorsement of the Declaration of Partnership Building established by the Council on Promoting Partnership Building for Cultivating the Future, whose members include the Cabinet Office; the Minister of Economy, Trade and Industry; the Minister of Health, Labour and Welfare; the Minister of Agriculture, Forestry and Fisheries; the Minister of Land, Infrastructure, Transport and Tourism; Chairman of the Keidanren; Chairman of the Japan Chamber of Commerce and Industry; and President of the Japanese Trade Union Confederation (RENGO).
The Declaration of Partnership Building is a declaration made by a company representative that the company will aim to develop new partnerships through the promotion of cooperation and mutually beneficial relationships with supply chain partners and businesses dedicated to creating value.
Through this declaration, Toyo Tanso aims to further strengthen its partnership with suppliers in an effort to add even greater value throughout the supply chain.

Toyo Tanso's
Declaration of Partnership Building

[Reference]

Declaration of Partnership Building
portal site
https://www.biz-partnership.jp/