Sustainable Procurement Policy and Guidelines and Supplier Due Diligence
First written in FY2021. 3 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2025.
67 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「“Number of supplier communications conducted” Phase 1: 2025: 389 companies completed; Phase 2: 2026: approximately 170 companies (planned); Phase 3: 2027: approximately 60 companies (planned)」
The company conducted assessments of 389 of approximately 620 domestic direct-material suppliers in 2025, interviewed them regarding 7 cases with potential concerns, and confirmed that none raised concerns. - FY2024AdvancedAnnual report
「In 2024, the company rebuilt this initiative, including revisions to the Otsuka Group Procurement Policy and Otsuka Group Sustainable Procurement Guidelines and the introduction of a new assessment tool. It continues these activities with the aim of implementing the initiative at all relevant operating companies during the period of the Fourth Medium-Term Management Plan, from 2024 to 2028.」
The company revised its Sustainable Procurement Policy and Guidelines and specified a new assessment tool, the 2024–2028 target for implementation across all operating companies, the Business Partner Code of Conduct and a whistleblowing channel. - FY2023AdvancedAnnual report
「In 2024, the company also established the Otsuka Group Business Partner Code of Conduct covering all business partners.」
In addition to the procurement policy, Sustainable Procurement Guidelines, consent collection and monitoring, the company established a Business Partner Code of Conduct covering all business partners in 2024. - FY2022RestatedAnnual report
「In selecting suppliers, the company conducts due diligence and deliberations in accordance with its processes, as well as subsequent monitoring.」
The company continues to implement its procurement policy, Sustainable Procurement Guidelines, supplier letters of consent, due diligence during supplier selection and monitoring after selection. - FY2021First statedAnnual report
「The Group has established the Group-wide Otsuka Group Procurement Policy and the Otsuka Group Sustainable Procurement Guidelines, which provide more specific guidance, and has obtained letters of consent from business partners that agree with their content.」
As measures to address supply chain transparency risk, the company has newly specified its procurement policy, Sustainable Procurement Guidelines, letters of consent, and due diligence and monitoring in supplier selection.