Relationships with Business Partners

Procurement Policy

In April 2021, NTN formulated a Procurement Policy corresponding to each target of the Sustainable Development Goals (SDGs). Based on the perspectives of “Fairness/impartiality,” “Compliance with Laws and Regulations,” “Green Procurement,” and “Coexistence and Co-prosperity,” we are communicating proactively with　our business partners to build relationships of trust and conduct purchasing activities. We are also working to achieve local procurement at our global manufacturing sites, and to procure materials from optimal locations globally.

NTN Group Sustainable Procurement Guidelines

In today's society, companies are expected to engage in sustainable procurement that takes into consideration environmental and human rights issues throughout the entire supply chain.
The NTN Group's supply chain management is in accordance with the NTN Group Sustainable Procurement Guidelines, which were formulated based on each basic policy, including our Procurement Policy, and promotes “sustainable procurement” and “green procurement,” which prioritizes procurement from suppliers who are proactively working on sustainable initiatives. We ask that our suppliers refer to these guidelines and promote further sustainable procurement activities.

NTN Group Green Procurement Standards

NTN Group continues to make tireless efforts to conduct corporate activities that are conscious of environment.
Managing hazardous substances has become increasingly important in recent years. With the aim of reducing our environmental load across the supply chain, we have positioned the following as the top priorities in our green procurement activities: 1) Reduction of hazardous substances contained in NTN products; 2) Reduction of hazardous substances used in the manufacturing process; 3) Introduction of production facilities and technologies capable of reducing environmentally hazardous substances.
We seek the understanding of our business partners on to the importance of these activities, their recognition that compliance with these Standards is a prerequisite for engaging in business transactions with NTN, and their proactive cooperation to our Green Procurement activities.

Declaration of Partnership Building

We endorse the purposes of the “Partnership Building Promotion Council for the Future,” promoted by the Cabinet Office, the Ministry of Economy, Trade and Industry, and the Small and Medium Enterprise Agency, and announced the “Partnership Building Declaration” in 2022. We will work to improve added value by promoting collaboration as well as coexistence and co-prosperity with our supply chain partners and business operators who aim to create value.