Supply Chain Management
The HOYA Group operates manufacturing facilities on a global scale and sells products to customers around the world by processing and assembling raw materials and components procured at the facilities in each country.
In order to boost corporate value in a sustainable manner, it is important to maintain product safety and quality at a high level, comply with laws and regulations and protect human rights not only within the Company but also throughout its supply chains. For this purpose, it is imperative to manage supply chains in an appropriate manner. Accordingly, major suppliers are required to sign and comply with the HOYA Supplier Code of Conduct; additionally, key suppliers are visited and examined periodically, and as necessary, provided with assistance to make improvements.
Key suppliers are audited, either periodically or as necessary, in accordance with the quality assurance system in each business segment.
Responses to Conflict Minerals
With the cooperation of its suppliers, the HOYA Group does not use any minerals sourced from the Democratic Republic of the Congo or its neighboring countries that are defined as conflict minerals in Section 1502 of the U.S. Dodd-Frank Act.
We request suppliers to comply with the HOYA Supplier Code of Conduct that sets out the above policy, and key suppliers to cooperate in our conflict minerals survey using the Conflict Minerals Reporting Template (CMRT), which is a template provided by the Responsible Minerals Initiative (RMI).
The conflict minerals survey, which had previously been conducted in the Information Technology business, was evolved into a Company-wide initiative by expanding its scope to include the Life Care business as well in fiscal 2020.
We will continue to engage in initiatives with the cooperation of suppliers, including initiatives to identify smelters so that the procurement source of minerals will be limited to smelters that are compliant with the Responsible Minerals Assurance Program (RMAP).