Supply Chain

The GEESYS Code of Conduct was revised in fiscal 2019. A new addition to the Code of Conduct is “Respect and value our business partners,” which clearly delineates our commitment to fair and impartial transactions. We therefore endeavor to practice fair and impartial transactions in compliance with domestic and overseas laws and regulations in order to bolster trusting relationships and achieve mutual prosperity with our business partners.

  • Procurement Policy
  • Strict Compliance with Procurement Laws and Regulations
  • Whistle-Blowing Systems for Suppliers

Procurement Policy

GEESYS’s procurement activities adhere to our managerial principle of fair and impartial transactions. We are seeking domestic and international suppliers that are competitive in key areas, such as quality, price, delivery, service, and that emphasize sustainable procurement. Our goal is to extend relations with suppliers through open and fair and impartial trade, and maintain a high level of mutual trust, thus allowing for such a partnership to endure for an undefined period of time.

Strict Compliance with Procurement Laws and Regulations

GEESYS strictly adheres to principles of fair and equitable procurement in compliance with procurement-related laws. The divisions responsible for procurement at the head office and other domestic operating sites work to ensure rigorous legal compliance by conducting regular audits of their own procurement operations and providing legal compliance training. In fiscal 2019, the procurement division of the head office conducted site visits and legal compliance inspections (12 sites). Meanwhile, procurement divisions at overseas affiliated companies are developing procurement-related rules and standards based on the regulations of their respective countries.

Whistle-Blowing Systems for Suppliers

We have established the Partner Hotline as a channel for suppliers to report on our business practices in materials procurement and other activities. This whistle-blower system allows suppliers to report either to an external lawyer, or directly to GEESYS. It is designed to prevent illegal actions, or to enable their early discovery. It also enables us to receive feedback from our suppliers, and helps us to build relationships of trust with them.