Thorough Fair Business DealingsSupply Chain Management
Thorough Fair Business Dealings
The business activities of ROHM Group are made possible by the cooperation and support of our suppliers. ROHM Group Business Conduct Guidelines, which serves as the basic code of ethics for conducting business activities, also mentions equal and fair dealings, and stipulates that all officers and employees comply with the law which relates to the purchase transactions and will never abuse our position to force suppliers into unfair circumstances.
ROHM has created mechanisms for preventing corruption such as embezzlement and bribery, and thoroughly educates and informs its employees to ensure dealings with suppliers are fair and ethical.
1．Partnership Building Declaration
Since January 2021, ROHM has set up the Partnership Building Declaration. The Partnership Building Declaration aims to build new and strong partnerships with suppliers and businesses that create their value. This system has been established by the Council on Promoting Partnership Building for Cultivating the Future which consists of the Japan Business Federation Chairman, the Chairman of the Japan Chamber of Commerce and Industry, the President of the Japanese Trade Union Confederation, and related ministers.
ROHM will conduct fair and ethical transactions with suppliers in compliance with "coexistence and co-prosperity of the entire supply chain and new cooperation that transcends scale and affiliates" and "promotion standards (*)".
Promotion standards: Refers to desirable trading practices between the parent company and the subcontractor.
ROHM has set the following five compliance items to optimize transactions.
- 1. Optimization of price determination method
- 2. Optimization of type management
- 3. Thorough implementation of the principle of cash payment
- 4. Protection of intellectual property and know-how
- 5. Do not impose a burden on the supply chain when advancing our work style reform such as long working hours, short delivery time, etc.
Partnership Building Declaration
2. Compliance Hotline for Suppliers
ROHM Group has established a "Compliance Hotline for Suppliers" as a contact point where suppliers can consult and report compliance issues related to transactions.
ROHM and other ROHM Group companies are advised to contact the Compliance Hotline for Suppliers if there is any behavior that violates the law or that becomes an ethical issue. If the reporting is made for a legitimate purpose, we will not treat the reporting person disadvantageously as a result of the reporting.
Compliance Hotline for Supplier
Read more about our sustainability in ROHM Group Sustainability Report.
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