Terms and Conditions
Thank you for visiting us and taking interest in our DAIHOKU products. We are happy to start a trade via a trading firm you like or we usually use. We are also able to start direct trade under Incoterms 2020.
Trial order with a small quantity can be started via EMS.
English communication via e-mail will be appreciated. We will take more time to communicate with other languages than Japanese/English, but make our best effort for a prompt response.
Should you have any further inquiry, please feel free to contact us.
Export description
We will handle business transactions based on INCOTERMS 2020 by ICC and we’re now requesting the following rules only. I appreciate your understanding.
EXW･･･Ex Works
The seller completes the delivery obligation when the buyer takes delivery of the contract goods at the seller’s facility and the specified place (factory and depot).
The seller is not responsible for loading the goods onto a vehicle for transport and all export procedures.
FCA･･･Free Carrier
The seller completes the delivery obligation when the seller delivers the contract goods to the buyer’s specified carrier at the named place.
The seller is responsible for export clearance.
If the named place is the seller’s premises, the seller is responsible for loading the goods onto the vehicle.
If not, the seller is not responsible for that.
If the buyer specifies the person except for the carrier to take delivery of the contract goods, the delivery is completed when the person takes delivery of them.
FOB･･･Free On Board
All costs and risks such as loss and damage transfer from the seller to the buyer when the seller delivers or has already delivered the contract goods on the vessel at the specified port.
The seller is responsible for export clearance.
(In the previous FOB, it was described as “when the goods passed the vessel’s rail”, in INCOTERMS 2020, it changed to ”the goods have been delivered on the vessel”.)
CFR･･･Cost and Freight
The delivery obligation for the seller is the same as FOB, however, the seller has to pay transport costs to the specified port.
The seller is responsible for export clearance.
In practical business, C&F, a traditional expression, is usually used, although it is actually CFR.
All risks such as loss and damage transfer from the seller to the buyer when the seller delivers or has already delivered the contract goods on the vessel.
CIF･･･Cost Insurance and Freight
The delivery obligation for the seller is the same as FOB, however, the seller has to pay fare to the specified port.
All risks such as loss and damage transfer from the seller to the buyer when the seller delivers or has already delivered the contract goods on the vessel.
The seller also has to pay marine insurance for the buyer’s risks such as loss and damage for the goods during the transportation to the specified port.
However, CIF rule requires a minimum level of cover and you should be careful.
The seller is responsible for export clearance.
