Sustainability

Partnership building declaration

Partnership building declaration

We have declared that we will focus on the following items in order to build new partnerships by promoting cooperation and coexistence and co-prosperity with our supply chain business partners and businesses that strive to create value. Masu.

1. Coexistence and co-prosperity across the entire supply chain and new collaboration that transcends scale and affiliated companies
By reaching out to business partners through direct business partners (from "Tier N" to "Tier N+1"), we are working to improve added value throughout the supply chain, as well as improving existing business relationships and company size. We aim to build coexistence and co-prosperity with our business partners through collaboration that transcends boundaries. At that time, we will provide support, including advice on introducing telework to our business partners and formulating a BCP (Business Continuity Plan), from the perspective of business continuity in the event of a disaster and work style reform.

(Individual items)
・Work with related organizations in the display industry to solve common issues through collaborative schemes.
- Work to support the development of young human resources in the display industry.

2. Compliance with "promotion standards"
Comply with desirable trade practices between parent businesses and subcontractors (“promotion standards” based on the Subcontracting Small and Medium Enterprise Promotion Act), and proactively correct trade practices and business practices that impede building partnerships with business partners. I'll work on it.

1) Price determination method
We will not make unreasonable requests for cost reductions. When determining transaction prices, we will hold discussions with subcontractors at least once a year.
In addition, it will be possible to improve working conditions for subcontractors, including their fair profits.
In doing so, we will thoroughly discuss and decide on the amount of the labor cost reduction.
In the event of a sharp rise in raw material or energy costs,
We aim to pass on the full amount of appropriate cost increases. In addition, when entering into contracts, including determining the transaction price,
This will be clearly stated and provided in writing, etc.

②Payment terms for bills, etc.
Subcontract fees are paid in cash.

③ Intellectual property and know-how
Based on the "basic concepts" and "contract templates" set out in the "Guidelines for Intellectual Property Transactions"
Conducting business transactions, concluding unilateral confidentiality agreements, disclosing know-how by taking advantage of business relationships, and transferring intellectual property rights free of charge
I am not asking for a transfer.

4) Impact of work style reforms, etc.
In order to help our business partners respond to work style reforms, we will encourage our subcontractors to accept short-term orders without incurring any appropriate costs.
We will not make sudden changes to specifications. In the event of a disaster, we will not impose unilateral burdens on subcontractors in transactions.
In addition, when business resumes, we will give consideration to continuing business relationships as much as possible.

Establishment: February 7, 2024 (Reiwa 6)
Revised: June 1, 2025 (Reiwa 7)
　　

NOMURA Co., Ltd.　　Representative Director President and CEO Kiyotaka Okumoto