In accordance with the OKI Group Code of Conduct, we emphasize fair, honest, and non-discriminatory selection of suppliers, as well as sincere and fair business transactions. To ensure that our procurement activities are conducted properly, we conduct biannual workshops on purchasing-related laws for persons in charge of materials- and procurement-related divisions, including those of subsidiaries. At the workshops, we provide education and share information on the OKI Group's policies as well as relevant laws including the Act against Delay in Payment of Subcontract Proceeds, etc. to Subcontractors. In fiscal year 2019, we held the workshops in July and December, with participation by 165 people.
The OKI Group provides many products in businesses that support social infrastructure. To ensure stable procurement of materials in these businesses, we have established a procurement BCP system. We have also produced a Groupwide procedural manual to prepare for typhoons, torrential rains, and other natural disasters that are occurring frequently in recent years. Other disaster-related activities include regularly examining the locations of
our suppliers' manufacturing bases and improving communication protocols for times of emergency.
In fiscal year 2019, we faced various challenges such as Typhoon No. 19 which caused extensive damage and the COVID-19 pandemic. In response, we communicated and coordinated with our suppliers and kept our supply chain in place. We will continue working to improve our systems to address changes in traditional practices and work styles stemming from the COVID-19 crisis.
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