Procurement Policy

01. Purpose of This Policy

The purpose of this policy is to enable Kurita Water Industries Ltd. (hereinafter, "KWI") and its consolidated subsidiaries (hereinafter, "Group Companies"; KWI and Group Companies are collectively referred to as "Kurita Group") to carry out procurement activities not only in compliance with laws and regulations but also with due consideration to the economy, society and the environment, thereby contributing to sustainable social development and helping enhance the corporate value of Kurita Group.

02. General Rules

  • Kurita Group will establish a system to engage in appropriate procurement activities based on the Kurita Group Procurement Policy (hereinafter, "this Policy").

  • Each company among the Kurita Group will prepare rules and regulations based on the matters set forth in this Policy and in accordance with applicable laws and regulations, etc. of each country or each region.

  • Officers, etc. (Directors, members of the Audit & Supervisory Board, Executive Officers, and personnel equivalent to them) and employees of Kurita Group (hereinafter referred to as, " Officers,etc. / Employees ") must comply with this Policy and ensure that appropriate procurement activities shall be carried out throughout the supply chain.

  • When Officers, etc. / Employees of Kurita Group discover any procurement activity that is in violation of, or any event that is suspected of being in violation of this Policy, shall immediately report such activity to KWI Procurement Department, Supply Management Group Engineering Division.

03. Procurement Policy

Kurita Group will promote social responsibility-oriented procurement activities throughout its supply chain, share the recognition with suppliers and strive for mutual prosperity based on mutual trust, as follows:

  • To conduct transactions in consideration of basic human rights, occupational health and safety, and preservation of the global environment in compliance with laws and regulations as well as social norms;

  • To provide fair and equal business opportunities to the suppliers, to conduct transactions in reliable quality, at competitive and reasonable prices, based on appropriate specifications and standards;

  • To procure materials and services that enables continuous and stable supply of our products and services to customers, and contribute to the sustainable development of the society; and

  • To forbid entering into any transaction that would benefit antisocial forces or terrorist groups.

04. Confirmation and Improvement of Status of Procurement Activities

Kurita Group will periodically conduct an audit to confirm whether the procurement activities are carried out appropriately, and improve each and every issue detected during the audit.

05. Promotion System

  • Promotion Officer
    Promotion Officer KWI shall assign Group Manager of the Supply Management Group Engineering Division, as the Promotion Officer, to promote appropriate procurement activities in the Kurita Group based on this Policy.

  • System in each group company
    Each company among the Kurita Group shall assign their senior manager responsible for procurement in their organization as the Promotion Officer, to promote appropriate procurement activities based on this Policy.

06. Responsible Department

This Policy is administered by KWI Procurement Dept. 1 and Procurement Dept.2, Supply ManagementGroup Engineering Division.

07. Amendments, etc.

KWI will amend or abolish this Policy based on the Management Regulations for Policies andRegulations of KWI, based on legal and regulatory trends in relation to this Policy, and performance status of this Policy in the Kurita Group.

A. Supplemental provision
  1. This Policy is established and comes into force as of April 1, 2018.
  2. This Policy shall be revised and take effect on December 25, 2023.
  3. This Policy shall be revised and take effect on April 1, 2024.
  4. This Policy shall be revised and take effect on April 1, 2026.