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Suppliers:

Fair Trading Practices


Fair Trading Policy

Toshiba strives to build sound partnerships with suppliers through fair trading in compliance with procurement-related laws and regulations.

Framework for Fair Trading Practices

It is essential to ensure that procurement complies with applicable laws and regulations worldwide. Toshiba Group has established a system for ensuring compliance concerning procurement, which is connected with the Toshiba Group Procurement Division.

Information related to compliance concerning procurement is thoroughly informed to Group-wide companies through this system.

Moreover, measures are thoroughly informed by means of Procurement Compliance Liaison Meetings, organized by the Corporate Procurement Division and attended by Compliance Managers and Compliance Coordinators.

Toshiba Group CSR Procurement Promotion Structure

figure of Toshiba Group CSR Procurement Promotion Structure

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Checks and Audits of Fair Trading Practices

In Japan, in fiscal 2008 also, we conducted education on the Act against Delay in Payment of Subcontract Proceeds, Etc. for all employees of group companies as well as audit for 138 group companies engaged in such transactions.

Regarding items requiring improvement as identified by the audits, follow-up is conducted in accordance with improvement plans to ensure thorough compliance.

Training to Ensure Fair Trading Practices

At Toshiba Group, various training programs on compliance in procurement are provided to ensure fair trading practices. For example, in fiscal 2007, we conducted training for employees of group companies in Japan on relevant acts, such as the Act against Delay in Payment of Subcontract Proceeds, Etc. to Subcontractors. We also provide compliance education for employees engaged in procurement at various phases of their careers. Furthermore, we foster auditors specialized in the Act to ensure fair transactions with subcontractors.

In addition, group companies in Japan conducts periodic training on the Subcontractor Act for employees engaged in procurement.

Cooperation with Suppliers

Toshiba Group establishes fruitful partnerships with suppliers based on mutual trust.

Suppliers are expected to ensure stable supply of environmentally conscious, excellent goods and services at appropriate prices. In addition, the activities listed below are vigorously promoted to strengthen “win-win” relationships advantageous to both Toshiba Group and suppliers.

  1. Collaborative development of strategic components, utilizing suppliers' unique technologies
  2. Collaborative projects for enhancement of the quality of goods and services and reduction of manufacturing costs, utilizing Toshiba Group's technological capabilities
  3. Reduction of procurement costs of suppliers in collaboration with Toshiba Groups procurement operations


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