Community | Social | Sustainability | Musashi Seimitsu Industry Co., Ltd.

Basic Concept of Purchasing

We develop our global purchasing activities in the world. Based on compliance and equal and fair business with our business partners in the various countries and regions who provide
"products with good quality at appropriate prices", we are aiming for mutual benefit. Specifically, we are developing the QCD structure and activities in ways that provide a safe and healthy working environment, and also minimize our impact on the global environment. We will contribute to finding ways to develop our local and global society in a sustainable way.

Basic Policy for Purchasing

①Stronger governance and compliance
②Stronger structure of Quality, Cost and Delivery
③Compliance with the Green Purchasing Guidelines

For Equal and Fair Business

We provide our business partners with an equal and fair opportunity regardless of their nationality, corporate size or business history, and establish a sound partnership with them. We are developing a strong and thorough governance and compliance system, and set up an "Open Door" system to allow all stakeholders, including the employees of our business partners, to make a suggestion to us.

Basic Concept of Fair Business from "Musashi Compliance Guidelines"

3. We will conduct fair and sound business transactions.

Full Anti-Bribery

We never pursue profits from bribery or other improper methods.The "Musashi Compliance Guidelines" clearly indicate the basic concept of fair business to keep the employees informed. Also,
all of the business partners involved in our business are kept informed periodically not to make profits for Musashi with improper ways.

【Basic Concept】

The Musashi Group will provide honest and precise data to our customers and conduct faithful promotion activities based on facts and data.
The Musashi Group will conduct fair and sound business transactions complying with all applicable legislation for fair-trade including anti-monopoly, anti-corruption and anti-bribery in each country and region of operation and our internal policies regarding them.

【Action Guide】

To avoid misunderstandings and misleading our customers, we will ensure that we fully understand our product related information by using precise information and product data, and use this as a basis for conducting fair and honest promotional activities.
We will preserve product related information and data in accordance with internal policies, we will strive to provide information and data which our customers require.
We will comply with all fair trading and anti-monopoly legislation applicable in the country or region of operation and our internal policies. We will not seek to create private monopolies, use improper trading restraints or any other unfair methods of business, such as improper agreements, cartels or bid-rigging, nor will we seek to abuse any dominant bargaining positions which may arise.
We will comply with all anti-corruption and anti-bribery legislation applicable in the country or region of operation and our internal policies. We will not receive or offer improper or excessive facilities including money, gifts, services or entertainments from or to interested parties such as suppliers.
When sourcing products or services, we will compare the terms and conditions from at least two suppliers in order to fairly determine which one to use.

Corporate Ethics Window

Also, from the employees in our business partners, "The Musashi corporate ethics window" receives consultation and suggestion on (possibility of) actions violating laws or corporate ethics in the business with us.
By internal regulation, the privacy of the person/ company who made the proposal is preserved and business partners are protected so as not to suffer disadvantage by proposing. And anonymous proposal can be accepted.
Our business partners are informed on the "Open Door" contact through a periodic meeting.

Training session on "Subcontractors Act"

To ensure thorough compliance in transactions with subcontractors, a periodic training session on the Subcontractors Act (Subcontractors Delayed Payment Prohibition Act) is co-organized by our Purchasing Section and Legal Section every year. In the 2019 session, 110 associates in charge of ordering operation participated.

Stronger cooperation with our business partners

We hold a periodic meeting with our business partners to share the latest information on the business environment and to take action for the changing environment. In the meeting we present the annual policies for "Purchasing", "Quality" and "Environment" and so on, to keep our business partners understood on our various global activities. Additionally, we hold internal exhibitions and seminars organized by our business partners to develop the new Musashi brand together with business partners.

Dialogue with our business partners

In the meeting with our business partners, we provide information on the business environment surrounding us and our basic policy. In addition to our overall policy, we inform our business partners on sustainability, purchasing, quality, and environmental policies for their understanding and cooperation for SDGs and related activities.

Initiatives for new business values

We hold internal exhibitions and seminars organized by our business partners. In the exhibitions, our business partners can propose their new technologies, materials etc. New business values are developed together with our business partners through these activities.

Quality management initiatives

In order to provide products that customers can use with reliance, we are working on quality control and improvement activities throughout the supply chain, aiming at "0" quality defects, in collaboration with suppliers. Based on our own quality assessment method, we constantly confirm the quality status of each business partner, plan improvement program collaborating with our business partners, and promote quality improvement activities

Environmental initiatives

We are working to reduce the environmental impact throughout the supply chain in cooperation with suppliers. In order to manage chemical substances contained in products together with suppliers, we issue Green Purchasing Guidelines. Additionally, to reduce CO₂ emissions, we are working to conduct periodic surveys of CO₂ emissions at business partners and sharing examples of CO₂ reduction measures.