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.