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Policy of raw material procurement

Kuwayama Corporation conducts business in responsible for business partners, employees and society based on its corporate philosophy and action guidelines. As part of such policy, with regard to the procurement of raw materials such as precious metals and diamonds used in our products, Kuwayama Corporation promotes the raw material procurement which is not related to human rights abuses, financing of terrorists, money laundering, unfair dealings and not involved in conflicts in high risk areas such as conflict-affected areas. In order to implement this policy, Kuwayama Corporation establishes and manages the following;

1. Management system

In order to promote the responsible raw material procurement, Kuwayama Corporation appoints a manager and establishes a management system of raw material.

2.Evaluation of raw material procurement

Kuwayama Corporation regularly checks the supply chain with suppliers of raw materials such as precious metals and diamonds and make every effort to avoid the above risks. In the case such risk is found, Kuwayama Corporation will take improvement measures and endeavor to avoid the risk including terminating the transaction when it is necessary.

3. Monitoring and Recording

Kuwayama Corporation monitors the operations of raw material procurement through internal audits and maintains the records related to procurement transactions at the related departments by setting a storage deadline.