HORIBA Procurement Policy

We value collaborative and confidential relationships with our suppliers in consideration of low-impact global environment and society.  In addition, with a view to enhancing relationships with our suppliers of the inside and outside the country, we actively operate supply chain management, realize frequent communication, and implement activities for mutual growth.

1. Partnerships
   We construct long-term confidential relationship with co-existence and co-prosperity through mutual cooperation.
2. Open and fair transactions
   We enhance relationships of the inside and outside the country, make an appropriate and independent selection focusing on quality, delivery, cost, environmental response, and promote open and fair transactions.
3. Environmental concerns
   We establish “Green Procurement Guideline”, and promote procurement of environmentally-friendly components and materials.
4. Confidentiality of information
   We will never release the confidential information obtained by us in the course of transactions without consent of our suppliers and/or customers.

In order for HORIBA Group to fulfill its social responsibilities in business activities, carried out through the supply chain, we request that our suppliers abide by the following rules:

1. Compliance with relevant laws and regulations
   Comply with laws, regulations, and social norms applicable in the countries and regions where suppliers engage in business.
2. Environmental considerations
   Follow the HORIBA Group’s Green Procurement Guidelines to provide parts and materials having minimal environmental impact.
3. Promotion of cost reduction (VA/VE activities)
   Reduce costs through ongoing cost reduction activities.
4. Stable supply of good-quality products by deadlines
   Provide a stable supply of products of the specified quality by the deadline and follow appropriate change control procedures (suspension of production and changes in specifications).
5. Promotion of reduced lead times
   Reduce lead time quickly and flexibly in response to market changes.
6. Stable management
   Maintain healthy, stable business management for long-term transactions and disclose business policies and the management status.
7. Technical skills
   Make steady efforts to improve skills and to create innovative technologies.
8. Information security
   Protect confidential information obtained through transactions.
9. Promotion of the use of IT
   Prepare IT environments and promote the use of IT.
10. Exclusion of anti-social groups
    Do not do business with companies having relationships with anti-social groups.