Fair Purchasing Practices

In accordance with the OKI Group Code of Conduct, the OKI Group strives to select business partners that are fair and non-discriminatory, and to conduct honest and fair transactions.

In order to conduct appropriate procurement activities, we hold Purchasing Law Workshops twice a year to educate and share information on the Act against Delay in Payment of Subcontract Proceeds, etc. to Subcontractors, and other related laws and regulations, as well as measures taken by the OKI Group, for employees in charge of procurement-related departments, including subsidiaries.

In fiscal year 2024, we held a Purchasing Law Workshop from November to February 2025. We also encouraged employees to take external courses, such as online seminars hosted by the Small and Medium Enterprise Agency of the Ministry of Economy, Trade and Industry. A total of 423 employees took these courses. year 2023.

In order to comply with laws and regulations, we also conduct monthly monitoring activities on the procurement status of OKI Group companies.

In addition, the OKI Group companies are required to conduct self-inspection activities once a year using the OKI standard self-inspection sheet that reflects the know-how essential to comply with the Act against Delay in Payment of Subcontract Proceeds, Etc. to Subcontractors. We are working together to resolve issues.

In light of increasing risks such as global material shortages triggered by the intensification of natural disasters, pandemics, and conflicts, ensuring the stable procurement of materials has become a critical issue in supply chain management. OKI has positioned procurement risk as one of the common risks that must be managed across the Group and is strengthening its efforts in this area.
Through regular meetings between procurement divisions, including subsidiaries, OKI promptly shares information on the supply status of materials from suppliers. The Group also provides access to inventory across the Group, searching for products in stock in the market, placing orders early to meet extended lead times, and using alternative products. From a business continuity perspective, OKI has developed procedural manuals to be applied in the event of a disaster, regularly surveys the locations of suppliers’ manufacturing sites, and continuously improves communication methods for emergencies.
In year 2024, to enable faster information gathering in the event of a disaster, we updated the methods by which business partners respond to surveys (including survey content and tools). Furthermore, we conducted additional surveys on information related to supply continuity, such as scheduled end-of-supply dates for individual parts and roadmaps for new products, and are moving forward with the adoption of parts expected to ensure stable supply. OKI will continue to work and coordinate with suppliers and business partners in order to secure materials.