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Name | Symbol | Market | Type |
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Advantest Corporation (PK) | USOTC:ATEYY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.28 | 0.82% | 34.34 | 34.13 | 44.00 | 34.38 | 33.80 | 33.95 | 160,330 | 21:29:37 |
KABUSHIKI KAISHA ADVANTEST
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(Exact name of the registrant as specified in its charter)
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Japan
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1-15236
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Not Applicable
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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Shin-Marunouchi Center Building
1-6-2, Marunouchi, Chiyoda-ku, Tokyo, Japan
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100-0005
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(Address of principal executive offices)
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(Zip code)
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Hiroshi Nakamura
+81-3-3214-7500
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(Name and telephone number, including area code, of the person to contact in connection with this report.)
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a)
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Advantest has manufactured and contracted to manufacture products as to which conflict minerals are necessary to the functionality or production of such products.
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b)
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Based on a “reasonable country of origin inquiry” (“RCOI”) and due diligence procedures (described in greater detail in the Conflict Minerals Report referenced below), Advantest knows or has reason to believe that a portion of its necessary conflict minerals originated or may have originated in the Democratic Republic of the Congo or an adjoining country (collectively, the “Covered Countries”) and knows or has reason to believe that such necessary conflict minerals may not be from recycled or scrap sources.
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c)
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Advantest’s RCOI employed a combination of measures to determine whether the necessary conflict minerals in Advantest products originated from the Covered Countries. Advantest’s primary means of making this determination was by conducting a supply-chain survey with direct suppliers using the Conflict Minerals Reporting Template (CMRT) of the conflict-free sourcing initiative(CFSI) (CFSI members are including the Electronic Industry Citizenship Coalition® (EICC®) and Global e-Sustainability Initiative (GeSI)). In addition, Advantest re-surveyed suppliers from whom we received conflicting results obtained by the original survey from the supply-chain. As a result of the supply chain survey that we conducted, approximately 97% of our direct suppliers that contribute necessary conflict minerals to our products have provided a response to the survey.
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/s/ Hiroshi Nakamura | June 1, 2015 | |||
Name: | Hiroshi Nakamura | (Date) | ||
Title: | Director, Managing Executive Officer |
(1)
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Maintained Conflict Minerals working groups sponsored by the director in charge and pursued activities related to conflict minerals issues. The working groups include supply chain survey group, customer relations group, disclosure group, and management office.
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(2)
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Added the statement “Handling the Issues with Conflict Minerals” to Advantest procurement policy and requested our direct suppliers to cooperate with us in our effort to improve transparency in our supply chain. This policy is available online at the link here: https://www.advantest.com/US/AboutAdvantest/procurementpolicy/index.htm
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(3)
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Opened a hotline for reporting by fair-trade including Conflict minerals.
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(4)
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Joined the Conflict Free sourcing working group of Japan Electronics and Information Technology Industries Association (“JEITA”) as a member company. In this working group, Advantest participated in preparing guidance materials for member companies’ suppliers demonstrating how to respond to our supply chain survey and had a joint briefing session for the suppliers in collaboration with the member companies. JEITA is working with Japan Automobile Manufacturers Association, Inc. (“JAMA”) to increase awareness of Conflict Minerals issue and improve supply chain survey efficiency.
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Conflict Free sourcing working group visited some gold smelters and refiners in Japan that have not received a “conflict free” designation from an independent third party audit program and encouraged their participation in such a program. Conflict Free sourcing working group scrutinized smelters and refiners in Japan listed in the CFSI Standard Smelter List and reported the result to the CFSI.
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(5)
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Conducted a supply-chain survey with direct suppliers using the Conflict Minerals Reporting Template(CMRT) of the conflict-free sourcing initiative(CFSI) (CFSI consists of members of the Electronic Industry Citizenship Coalition® (EICC®) and Global e-Sustainability Initiative (GeSI)) to identify the smelters and refiners who contribute refined conflict minerals to Advantest ATE Products and Other Advantest Products.
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(6)
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Compared the smelters and refiners identified by direct suppliers via the supply-chain survey against the Conflict-Free Smelter Program (CFSP) Compliant Smelter List which received a “conflict free” designation from an independent third party smelter audit.
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(7)
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Summarized and analyzed survey responses to determine whether any suppliers provided us any smelters or refiners that were not on the list mentioned above.
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(8)
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Contacted suppliers whose responses had contained any incomplete or unclear information to request for further inputs.
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(1)
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Conduct joint research briefings to gain further understanding and cooperation of suppliers by using common tools of JEITA/JAMA.
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(2)
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Check whether main suppliers comply with Advantest Procurement Policy, including the use of conflict minerals. The Advantest Procurement Policy will be used as criteria for selecting suppliers.
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(3)
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Improve RCOI survey measures, based on the feedback from the major primary suppliers.
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