Social

Basic Policy

The HOYA Group has global manufacturing bases in locations suitable for each of its businesses and sells products to customers around the world by processing and assembling raw materials and components efficiently 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.

Supplier Code of Conduct

The HOYA Group is committed to upholding the highest standards of legal compliance and ethical conduct, based on our obligation to fulfill both legal and social responsibilities and to respect and protect the fundamental human rights and basic labor rights of all employees working within the Group.

We have also established the HOYA Supplier Code of Conduct to ensure that our suppliers—who provide us with products and services—adhere to the same standards of legal compliance and ethical practices. We request that our suppliers acknowledge and comply with this Code. We revised the HOYA Supplier Code of Conduct in fiscal 2024, in light of the growing importance of actively addressing compliance issues, including human rights and environmental concerns, within the supply chain. The Code has been prepared and distributed in Japanese, English, Thai, Vietnamese, Korean, and Chinese. We will continue our efforts to increase the number of suppliers who endorse and comply with the HOYA Supplier Code of Conduct.

Supplier Audits

Key suppliers are audited in accordance with the quality assurance system in each business division, either on a regular basis or as needed—for example, in response to quality issues. For example, the MD Division, which manufactures glass substrates for HDDs, conducts audits of materials manufacturers based on the Responsible Business Alliance (RBA)* Code of Conduct to promote safe working environments and environmental responsibility throughout its supply chain. To date, there have been no cases of serious human rights risks such as forced labor or child labor in these initiatives.

* A nonprofit organization established in 2004 by a group of leading companies in the electronics industry, formerly known as the Electronic Industry Citizenship Coalition (EICC). It is composed of companies in the electronics, retail, automotive, and toy industries.

Responsible Mineral Procurement

Conflict Minerals Survey
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 periodically cooperate in our conflict minerals survey* using the Conflict Minerals Reporting Template (CMRT), which is a template provided by the Responsible Minerals Initiative (RMI). Since fiscal 2020, we have been conducting the conflict minerals survey on a Company-wide scale by expanding its scope to include the Life Care business as well, not just the Information Technology business.
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 Process (RMAP).
In response to growing global concern over human rights issues, we have also begun surveying cobalt and mica, minerals sourced from conflict and high-risk areas. We use the Extended Minerals Reporting Template (EMRT) provided by the RMI for our key suppliers to survey whether they use cobalt and mica and whether they source from smelters that comply with the RMAP.
We will continue to work with our suppliers to improve the accuracy of our surveys and promote initiatives to reduce the risk of conflict minerals.

* Minerals subject to the survey: tantalum, tin, gold, and tungsten

Conflict Minerals Survey Results and Targets

The HOYA Group is committed to promoting responsible mineral sourcing, promoting respect for human rights, and enhancing supply chain transparency. In fiscal 2024, we expanded our due diligence efforts to include cobalt and mica, in addition to the traditionally targeted 3TG minerals (tantalum, tin, gold, and tungsten).

The 3TG survey indicated that the number of smelters compliant with the RMAP increased, and the compliance rate remained high. For cobalt and mica, despite this being our first survey, we achieved a high response rate and observed a favorable proportion of RMAP-compliant smelters.

We will continue to strengthen our initiatives to reduce risk, improve our systems to ensure more detailed traceability, and aim to achieve sustainable mineral procurement.

Results of Survey on 3TG

Results of Survey on Cobalt and Mica

*1 Followed up with suppliers who did not respond last year and confirmed the status of smelters that were not RMAP-compliant

*2 The survey is conducted after selecting key suppliers subject to the survey according to the characteristics of each business.

*3 In fiscal 2021, certain smelters were duplicated in the count.