R&D, Intellectual Property, Procurement
We strive to increase the value of our products and services through addressing from a CSR perspective the various aspects of activities such as R&D, which is a foundation for revenues and growth, intellectual property, which is one of the outcomes of R&D, and procurement of the raw materials, parts, and other materials needed in manufacturing development.
Each division company, Headquarters, and each key affiliate has an R&D section that handles a broad range of R&D such as basic research through product development and production technologies, working to increase the speed of technological development in growth areas and create outstanding technologies.
The Invention Grand Prize has been established as one part of efforts to ensure outstanding researchers and engineers receive the evaluations and treatment they deserve. The Invention Grand Prize establishes monetary rewards for inventors of inventions assessed and recognized to be especially unique in the market and to make major contributions to profits.
Under the basic policy of securing business competitive strength through obtaining strong patents, we are striving to improve quality and raise awareness in development through efforts including introduction of a system of "P Badges" awarded to employees who have obtained a certain number of patents and providing training on intellectual property.
Sekisui Chemical Group procures materials based on the fundamental concepts of openness, fairness and equity, legal compliance, mutual trust, and consideration for the environment. In addition to quality and delivery times, suppliers are requested to give consideration to the environment, comply with laws, regulations, and societal norms, and ensure health and safety in their own companies.
For structural lumber materials, which account for the bulk of lumber used in homes, we use certified lumber (for example, lumber certified by the Forest Stewardship Council, or FSC). Such certified lumber is procured lawfully from properly managed forests.