CSR Procurement Activities
In its efforts to ensure that procurement is undertaken in accordance with the Company's various policies including the Yamaha Material and Component Procurement Policy and as a key tool when concluding new contracts with suppliers, Yamaha's Procurement Division conducts surveys of the CSR measures implemented by business partners.
Drawing on the results of surveys, Yamaha Corporation requests that suppliers implement improvement measures when it has been determined that such measures are required. In the case of trading companies, components or material manufacturers in Japan and overseas are also requested through trading companies as well. Yamahas has also added a rating of CSR-related initiatives to the list of criteria for determining whether to initiate business transactions with new suppliers. When requesting improvement measures, Yamaha meets directly with suppliers to explain and gain an understanding of its policies. These meetings also serve as an opportunity to provide feedback on survey score results. In fiscal 2011, the Company concluded contracts with suppliers who were not required to implement improvements.