Modern supply chains are becoming increasingly globalized and complex, and responding to global-scale issues such as human rights, ethics, the environment, and information security has become an important issue. In addition, there are increasing risks related to procurement such as political instability, unseasonable/abnormal weather, market/exchange fluctuations, and technology/information leaks, it is necessary to ensure that procurement continues to support the Group's stable and efficient production activities.
In 2022, the Topy Industries Group established the Topy Industries Group Procurement Policy and the Topy Industries Group Supply Chain Management Policy to address these issues. In accordance with these policies, the Group works realize efficient production activities by building mutual understanding and relationships of trust with all business partners that make up our supply chain and contributing to the realization of a sustainable society based on high ethical standards, while ensuring that suppliers maintain high levels of quality, delivery and cost.
In December 2021, we endorsed the purpose of the "the Declaration of Partnership Building the Declaration of Partnership Building" established by the "Council for Building Partnerships to Open Up the Future" promoted by the Cabinet Office, the Small and Medium Enterprise Agency, and other relevant economic organizations. In accordance with this declaration, we are working to comply with the "co-existence and co-prosperity of the entire supply chain and new cooperation beyond scales, affiliations, etc." and the "the Promotion Standards *."
* the Promotion Standards: Desirable business practices between parent companies and subcontractors.
