Ladmark Ltd. is going to expand its productivity capacity by puchasing latest technology. So, the company should use its retained earnings for this situation. In case retained eaenings is not sufficient for puchasing the technology, it can issue shares.

Procedure for Landmark Ltd. to buy a high technology machine from Japan:

1. Research and Identification:
- Landmark Ltd. should conduct thorough research to identify the specific high technology machine required for their stainless steel manufacturing process.
- They should consider factors such as the machine's features, specifications, performance, and its compatibility with their existing infrastructure and processes.

2. Supplier Evaluation:
- Landmark Ltd. should identify potential suppliers in Japan who specialize in manufacturing and exporting high technology machines for the stainless steel industry.
- They can seek recommendations from industry experts, attend trade fairs, or conduct online searches to find reliable and reputable suppliers.
- The company should evaluate and compare the suppliers based on their experience, reputation, quality of products, after-sales service, and pricing.

3. Request for Quotation:
- After shortlisting the preferred suppliers, Landmark Ltd. should send a detailed request for quotation (RFQ) to each supplier.
- The RFQ should include specific requirements, such as the machine's specifications, delivery timeline, warranty, training, payment terms, and any additional services required.
- It is important to request a comprehensive quotation that clearly outlines all costs involved, including shipping, customs duties, and taxes.

4. Negotiation and Finalization:
- Landmark Ltd. should negotiate with the suppliers to obtain the best possible terms and conditions.
- They can discuss pricing, payment terms, delivery schedules, and any customization required.
- It is crucial to ensure that the supplier understands the exact needs and expectations of Landmark Ltd. to avoid any misunderstandings.

5. Legal and Contractual Formalities:
- Once the negotiation is finalized, Landmark Ltd. should proceed with the legal and contractual formalities.
- They should carefully review the terms and conditions of the purchase agreement, ensuring that all important aspects are covered, such as warranty, liability, intellectual property rights, and dispute resolution mechanisms.
- The company may seek legal assistance to ensure the contract is legally binding and protects their interests.

6. Payment and Shipment:
- Landmark Ltd. should arrange the payment as per the agreed terms and conditions.
- They can use methods such as letter of credit, bank transfer, or other secure payment options.
- After the payment is made, the supplier will arrange for the shipment of the high technology machine to Landmark Ltd.'s location.
- It is important to coordinate with the supplier and logistics companies to ensure smooth transportation and timely delivery.

7. Installation and Training:
- Upon receiving the machine, Landmark Ltd. should arrange for its installation by experienced technicians.
- The supplier may provide installation services or recommend qualified professionals.
- Additionally, the supplier should provide comprehensive training to Landmark Ltd.'s employees to ensure proper utilization and maintenance of the machine.

8. After-Sales Support:
- Landmark Ltd. should establish a strong after-sales support system with the supplier.
- This includes regular maintenance, technical assistance, and availability of spare parts.
- They should maintain a good relationship with the supplier to address any issues or concerns that may arise in the future.

In conclusion, Landmark Ltd. needs to follow a systematic procedure that includes research, supplier evaluation, quotation request, negotiation, legal formalities, payment and shipment, installation and training, and after-sales support to successfully buy a high technology machine from Japan.