Materiality6

Building a Resilient Supply Chain

Relevant SDGs

8 Decent work and economic growth 12 Responsible consumption, production

Vision

A sustainable supply chain that remains sound at all times in the face of business risks and social issues

Strategy

Building a mechanism for supply chain risk assessments and immediate emergency response

Basic Approach

Nikon considers suppliers to be important partners helping us create and provide products and solutions useful for the world. Based on this belief, we strive to deepen mutual understanding and build trust with these procurement partners, and seek co-existence and co-prosperity. We established the Nikon Basic Procurement Policy based on this this approach to ensure honest and fair procurement of materials.

Nikon Basic Procurement Policy (Summary)

Procurement based on the concept of partnership

  1. 1.Sustainable corporate activities
  2. 2.Open-door procurement
  3. 3.Procurement founded in fair competition

Indicators and Targets

Indicators and Targets (Target Fiscal Year) FY2024 Plan FY2024 Results FY2025 Plan
Percentage of due diligence conducted*1 (critical procurement partners): 100% (FY2025)
  1. 1.100% Nikon CSR Self-Assessment Survey rate for critical procurement partners
  2. 2.Completion of CSR audits and written improvement requests to critical procurement partners
  1. 1.100% Nikon CSR Self-Assessment Survey rate (25 companies)
  2. 2.Completed CSR audits and submitted written improvement requests to critical procurement partners (23 companies)
  1. 1.100% Nikon CSR Self-Assessment Survey rate for critical procurement partners
  2. 2.Complete CSR audits and submit written improvement requests to critical procurement partners
  3. 3.Conduct the Responsible Mineral Sourcing Survey and due diligence and publish reports
Understanding BCP systems in the supply chain*2: 100% (FY2025)
  1. 1.Visualization of information regarding the key business areas of procurement partner locations (15 companies)
  2. 2.Conducting BCP system surveys for procurement partners (50 or more companies)
  3. 3.Provision of assistance to procurement partners failing to meet Nikon standards as a result of the fiscal year 2023 survey
  1. 1.Visualized information regarding the key business areas of procurement partner locations outside the primary managing division (15 companies) and expanded survey coverage through methodology streamlining (20 companies)
  2. 2.Conducted BCP system surveys for procurement partners (54 companies)
  3. 3.Supported procurement partners requiring system establishment (10 companies)
  1. Visualize procurement partner location data and their key procurement partners information (50 companies)
  1. *1Implement until improvement is completed when a survey or audit reveals correction is necessary.
  2. *2The scope of the supply chain requiring BCP system establishment is managed based on the number of suppliers.

Support for Responsible Minerals Sourcing

Besides establishing its Responsible Minerals Sourcing Policy, the Nikon Group collaborates with procurement partners in conducting surveys on responsible minerals sourcing and due diligence.

We accept grievances and consultations here concerning human rights violations, conflict minerals, or other related matters in the supply chain.

Sustainability Report

For more information, refer to Building a resilient supply chain in the Sustainability Report.

  • Indicators and Targets

Supply Chain Management

  • Basic Approach
  • Strategy
  • Governance
  • Risk Management
  • Major Initiatives

Promoting CSR Procurement

  • Basic Approach
  • Results of Fiscal Year 2024 Assessment
  • Support for Responsible Minerals Sourcing
  • Green Procurement

Related Information

  • Procurement

    Contains the Nikon Basic Procurement Policy, the Nikon CSR Procurement Standards, the Responsible Minerals Sourcing Policy and the Nikon Green Procurement Standards.

Society/Labor

Sustainability