SAKATA INX Group Basic Procurement Policy

SAKATA INX Group conducts procurement activities, with high ethics and social common sense, in compliance with domestic and foreign laws and regulations. We will fulfill our corporate social responsibility based on fair, equitable and honest procurement activities by taking society into account-protection and restoration of the global environment, preservation of resources, occupational safety and health, human rights, etc. in our entire supply chain.
We recognize all of our suppliers as important business partners in order to provide better products, commodities and services. We aim to build mutual trust, co-existence and co-prosperity, and to achieve a sustainable society.

1. Scope

  • This policy applies to all officers, corporate advisors and employees of the SAKATA INX Group (including quasi-employees such as non-regular staff, contract employees, part-time employees, temporary dispatch workers and fixed-term employees). We also require all business partners involved with our products and services (our business partners and suppliers) to understand and support this policy.

2. Fairness, Equitability and Transparency

  • We determine suppliers with fairness, equitability and transparency and free competition based on: rational judgement of quality, price and delivery time of raw materials, etc.; also corporate management stability, manufacturing and supply capability, environmental conservation activities and other important elements of candidates.
  • We provide potential suppliers with the opportunity of free competition that is fair, equitable, and transparent, regardless of nationality.
  • We recognize that our suppliers are important partners to conduct our business, and we strive to build mutual trust, share prosperity and achieve a sustainable society in our procurement activities.

3. Prevention of bribery and anti-corruption for eliminating improper benefit provision

  • In our procurement activities, we have zero tolerance for any act of bribery or corruption, including bribe-giving, bribe-taking, extortion, and embezzlement, as means of providing or gaining improper benefits.

4. Compliance with applicable laws

  • We carry out procurement activities in compliance with the spirit of relevant laws and social norms in each country and region.
  • We remain confidentiality regarding all supplier information obtained in our procurement activities. We also do not engage in procurement activities which infringe on third party rights such as intellectual property rights, etc.

5. Consideration of human rights, DEIB, and labor

  • We conduct all of our procurement activities based on our human rights policy
  • We give full consideration to respect for human rights, a ban on discrimination, basic labor rights, etc. We value efforts with companies that promote proper employment management, appropriate working environments (including safety and health at work and employee health management), and diversity recruitment.
  • We value efforts to promote supplier diversity. We do not exclude the possibility of minority business enterprises (e.g., MBEs, WBEs, and LGBTBEs) becoming our suppliers.
    * MBE (Minority Business Enterprise): companies owned/operated by minorities
    * WBE (Women Business Enterprise): companies owned/operated by women
    * LGBTBE (Lesbian-, Gay-, Bisexual-, or Transgender-owned/operated Business Enterprise): companies owned/operated by lesbian, gay, bisexual, or transgender individuals

6. Responsibility to the environment

  • We recognize that it is important to protect and restore the global environment and preserve resources in all our procurement activities. We value companies that care for the environment.
  • We aim to further reduce the environmental load and to protect and restore the global environment. We value environmentally-friendly raw materials, etc.

7. Social Responsibility

  • We build partnerships with suppliers and strive to fulfill our corporate social responsibilities by giving full consideration to legal compliance, human rights, preservation of global environment and resources in all of our procurement activities.

Established on February 14, 2022

Revised on August 1, 2024