Basic Policy on Procurement
Procurement activities in Yahoo Japan Corporation (Yahoo! JAPAN, Company) are based on the following polices under the Company’s mission to be a problem-solving engine and the SoftBank Group’s corporate philosophy: “Information revolution—Happiness for everyone”.
Basic Policy on Procurement
Offering Fair Opportunities for Competition
Information on purchasing transactions is disclosed in a timely and appropriate manner. Along with offering fair opportunities for competition to all domestic and international business partners and suppliers wishing to engage in the transactions, we refrain from relying too heavily on specific business partners and suppliers or reciprocal buying arrangements.
Rational Selection of Business Partners and Suppliers
In principle, we obtain proposals and quotes from multiple business partners and suppliers. Our selection is based on clear and rational criteria, including quality, price, delivery date, stability of supply, and reliability.
Compliance with Laws and Regulations
We do not participate in purchasing that infringes the rights, such as intellectual property rights, of third parties. We also comply with the Subcontract Act, the Antimonopoly Act, and all other relevant laws.
Management of Confidential Information
We recognize the value of confidential information received from business partners and suppliers, handling it as we would with similar information of our own, and do not disclose such information to third parties without consent.
Building Mutual Trust
By prioritizing communication with our business partners and suppliers, we do not neglect our efforts to build relationships of mutual trust.
Environmental Conservation
We prioritize environmental conservation by focusing procurement on products and services with low environmental impacts.
Ban on Personal Relationships
We do not have personal relationships with or vested interests in any of our business partners or suppliers.
CSR Initiatives
We recognize the importance of carrying out our social responsibilities throughout the supply chain, which includes our business partners and suppliers, in continuing our business. To that end, we value and expect partners and suppliers to actively participate in their CSR activities as well as to cooperate in our CSR initiatives.
Collection and Analysis of Corporate Information
In order to build positive relationships with our business partners and establish fair and transparent partnerships, we collect and analyze data, including financial information, according to evaluation criteria stipulated separately, and take a comprehensive approach to assessing and selecting business partners and suppliers.
To Our Suppliers
Transaction Methods
To promote the procurement activities stated above, in principle, we use electronic trading systems.
Ordering
In addition to the use of electronic trading systems, we require written declarations of intent to be submitted as a requirement to initiate transactions. Please understand that oral promises and unofficial orders in the body of an e-mail will not be accepted.
Corporate Governance
To strengthen corporate governance, we are strictly forbidden to disclose estimates to employees with no ordering authority, gather information on other companies, and appeal for orders.
Evaluation Criteria for Business Partners and Suppliers
We have established our evaluation criteria for business partners and suppliers based on the Basic Policy on Procurement. Thank you for your understanding and dedicated efforts in advance.
Evaluation Criteria for Business Partners and Suppliers
Transaction Security
Healthy management and an ability to conduct sustainable transactions
Consideration for the Environment
Proactive consideration of environmental issues
Information Security
Strict management and protection of personal information from customers, third parties, and the company itself Systems to strictly manage and protect information obtained through business activities and no information leakages to third parties without permission
Protection against threats and risks to their networks, including computer viruses, and measures to prevent the spread of their effects
Protection against threats and risks, and measures to prevent the spread of their effectsFair Competition
No bribery of any kind, including inappropriately disbursing cash, either to or from employees or organizations
Compliance with laws pertaining to fair trade, including the Antimonopoly Act and the Subcontract Act
Compliance with laws and regulations, internal and external norms, and ethical standardsAssurance of Quality and Safety
Provision of products that meet legal safety criteria
Efforts to maintain quality at safe and exceptional levels and to constantly improve technology
Provision of accurate information on products and servicesCompetitiveness and On-Time Delivery
Effort to offer a market competitive price
Strict compliance with delivery datesOccupational Safety and Health
Provision of safe and healthy work environment for employees in accordance with international standards and laws and regulations
Provision of proper support for work-related injuries, appropriate information and training on health and safety to employees
Compliance with laws prohibiting underage employment
No forced, binding, or slave labor and guarantees that employees can freely discontinue employment after giving reasonably advanced notice
Considerations towards employees’ human rights and discrimination issues
Working hours that are in compliance with laws and regulations and are not excessive
Reasonable working hours according to occupation, job description, and the labor situation in the country in which work is conductedFair Pay
Employee understanding of employment conditions and provision of fair and reasonable salary payments and terms
Guaranteed legal minimum wage for the country in which work is conductedFreedom of Association
Respect for legal right to associate or not to associate freely and the right to collective bargaining
Social Contribution
Active contributions to society
Updates
December 1, 2016: Revisions to “Basic Policy on Procurement” and “Evaluation Criteria for Business Partners and Suppliers”