Altech Corporation
Climate Impact & Sustainability Data (2005, 2011, 2017, 2018, 2019, 2021, 2022, 2023, FY12/18, FY12/20, FY12/21, FY12/23)
Reporting Period: 2005
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Social Responsibility (CSR)
- Environmental Management
- Human Resources Development
- Community Involvement
Environmental Achievements
- ISO14001 certification acquired in December 2005.
Social Achievements
- Implementation of a new personnel and salary system in October 2005.
- Held the 1st Alps Robot Contest in October 2005.
- Accepted 14 Chinese engineers from Qingdao University of Science & Technology's ALPS International Mechanical Design Engineering Education Center in October 2005.
- Launched a new nursing care and welfare business with the planned opening of "Alps no Mori Ayase" in May 2006.
- Introduction of an executive officer system and appointment of 5 executive officers in March 2005.
- Introduction of an outside director system and appointment of 1 outside director in March 2005.
Governance Achievements
- Strengthened corporate governance through internal control system construction and risk management.
- Enhanced IR and public relations activities to improve transparency and timely and appropriate disclosure.
- Founder, Toshio Matsui, retired from the board of directors and assumed the position of Founder and Senior Advisor in March 2006.
Climate Goals & Targets
- Expansion of the acceptance of Chinese engineers (40+ in 2006).
- Opening of "Alps no Mori Ayase" nursing care facility in May 2006.
Environmental Challenges
- Securing human resources due to a declining workforce caused by a low birthrate.
- Decreased orders from semiconductor manufacturing equipment manufacturers resulting in losses in the other business segment.
Mitigation Strategies
- Further promotion of technical cooperation with Qingdao University of Science & Technology in China to increase the acceptance of Chinese engineers to address the domestic shortage of engineers and secure a competitive advantage in the Asian technical personnel dispatch market.
- Establishment of a solution system to compensate for the domestic human resource shortage by selecting and training excellent personnel in China and conducting some domestic business overseas to reduce costs.
- Creating an environment within the group where people of various nationalities can cooperate and achieve great results by creating a mini-model of the Asian economic zone within the Alps Giken Group.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2011
Environmental Metrics
ESG Focus Areas
- Social Contribution
- Employee Development
- Business Growth
Environmental Achievements
- Not disclosed
Social Achievements
- Supported various social contribution activities through foundations and NPOs, including the Entrepreneur Support Foundation and the Fureai Shizenjuku.
- Promoted employment of people with disabilities by opening an office support office in Tokyo.
- Held the Sagami River Basin Clean Hiking event with over 100 participants.
Governance Achievements
- Relocated headquarters to Yokohama to strengthen sales and recruitment capabilities.
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Significant economic stagnation due to the Great East Japan Earthquake and nuclear accident.
- Flooding in Thailand, the European debt crisis, and prolonged yen appreciation.
- Uncertainty in the future economic outlook.
Mitigation Strategies
- Shifted to growth sectors and advanced technology areas.
- Implemented business strategies focused on improving operating rates and contract prices.
- Provided education and training to meet the needs of advanced technology fields.
- Strengthened group collaboration.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- 2011 Regional Development Minister's Award (for founder's social contributions)
Reporting Period: 2017
Environmental Metrics
ESG Focus Areas
- Social Contribution
- Human Capital Development
- Business Expansion
Environmental Achievements
- Not disclosed
Social Achievements
- Donated wheelchairs to various locations in Kanagawa prefecture and other areas.
- Established a new subsidiary, 株式会社アグリ&ケア, to address labor shortages in agriculture and caregiving sectors.
- Supported NPO法人 ふれあい 自然塾 activities.
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2018
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Stakeholder Engagement
- Diversity and Inclusion
- Compliance
- Social Responsibility (CSR)
Social Achievements
- Promoting diversity and inclusion, focusing on women's advancement and work-life balance.
- Establishing a whistleblower hotline (Help Net) for reporting compliance issues.
Governance Achievements
- Established a Corporate Governance Basic Policy.
- Implemented a system for evaluating the effectiveness of the Board of Directors.
- Established internal control committees, a compliance committee, a risk management committee, and a disclosure committee.
Climate Goals & Targets
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Climate-Related Risks & Opportunities
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Human Capital Development
- Social Contribution
- Sustainability
- Diversity and Inclusion
- Barrier-Free Initiatives
Environmental Achievements
- Not disclosed
Social Achievements
- Promoted the active participation of foreign workers in the agriculture sector.
- Supported various social contribution activities through foundations and NPOs.
- Participated in and supported activities that emphasized the connection between people and nature.
- Sponsored the "2020 Barrier-Free Project" aiming for barrier-free society.
- Registered as a Tokyo Metropolitan Government "Barrier-Free Heart" support company.
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Uncertainty in the future due to overseas economic conditions and trade issues.
Mitigation Strategies
- Accelerated future-oriented actions by capturing social changes.
- Focused on creating new business value in the second founding period.
- Strengthened the adoption and training of dispatched personnel.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Stakeholder Engagement
- Diversity and Inclusion
- Sustainability
- Compliance
Social Achievements
- Promoting diversity and inclusion, including women and global talent.
- Implementing work-life balance programs.
Governance Achievements
- Established a Sustainability Committee as an advisory body to the Board of Directors.
- Implemented a robust corporate governance framework, including internal control, compliance, risk management, and disclosure committees.
- Regularly evaluates the effectiveness of the board of directors and discloses the results.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Human Capital
- Community Engagement
- Technological Advancement
Environmental Achievements
- Not disclosed
Social Achievements
- Increased percentage of women in management positions to 5.3% by the end of 2022 (1.5% increase since 2018), aiming for 6.0% by 2026.
- Established Alps Giken Advanced Vocational Training School in Myanmar for human resource development.
- Supported career development for junior high and high school students through sponsorship of the NPO Aslead.
- Collaborated with NEDO to foster human resources that link industry and technological innovation.
- Male employee parental leave rate of 42.6% (compared to the national average of 18.9% in FY2021).
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Not disclosed
- Increase the percentage of women in management positions to 6.0% by 2026.
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- 団体優秀賞 in the Digital Technology Proficiency Test (2022)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: FY12/18
Environmental Metrics
ESG Focus Areas
- Human Resources Development
- New Business Development (Agriculture and Nursing Care)
- Information Security
- Corporate Social Responsibility (CSR)
Social Achievements
- Improved employee retention rate through improved employee benefits.
- Recruited 81 agri-tech and agriculture human resources and global engineers from Vietnam, Myanmar, and China.
- Donated approximately 450 heavy-duty wheelchairs.
- Improved name awareness through advertising activities.
Governance Achievements
- Selected as one of the JPX-Nikkei Mid and Small Cap Index constituent issues.
- Established a personal information protection policy and an information security basic policy.
Climate Goals & Targets
- Net sales of ¥41,370mn, operating income of ¥4,100mn, and ROE of 20% or above by FY12/21.
- Recruit 280 new graduates in 2020.
Environmental Challenges
- Declining number of assignment workers nationwide.
- Changes in the worker assignment business environment due to revisions to the Worker Dispatch Act and guidelines on equal pay for equal work.
- Decreasing working hours per employee due to reforms to ways of working.
- Shortage of human resources in agriculture and nursing care fields.
Mitigation Strategies
- Focus on recruiting and training high-level engineers with specialized skills.
- Entering new business fields (agriculture and nursing care) through establishing a new company and recruiting overseas human resources.
- Strengthening collaboration with Group companies to improve recruitment and education.
- Expanding state-of-the-art technologies (high unit price zone), including AI, IoT, and robots.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: FY12/20
Environmental Metrics
ESG Focus Areas
- Sustainable Development Goals (SDGs)
- Human resource development
- New business development in agriculture and nursing care
Social Achievements
- Launched new businesses in agriculture and nursing care to address labor shortages; recruited global human resources, including agricultural workers, utilizing new residency statuses.
- Implemented measures to maintain employment during the coronavirus pandemic, including using employment adjustment subsidies.
Governance Achievements
- Established a response headquarters and implemented measures prioritizing employee and customer safety during the coronavirus pandemic.
- Strengthened the Group structure through M&A (acquisition of Digital Spice Corporation and affiliation with DONKEY Corporation).
Climate Goals & Targets
- Net sales of ¥45,660mn, operating profit of ¥4,900mn, and ROE of 20% or above by FY12/23.
- Return to growth track in the medium term (FY12/21).
Environmental Challenges
- Decline in mobilization hours due to the coronavirus pandemic (temporary closures, overtime restrictions).
- Economic slowdown concerns.
- Labor shortages in agriculture and nursing care.
Mitigation Strategies
- Reduced SG&A expenses and allocated employment adjustment subsidies to maintain employment and profitability.
- Actively recruiting new graduates and global human resources.
- Developing new businesses in agriculture and nursing care, utilizing advanced technologies and global workforce.
- Implementing work-from-home and other measures to adapt to the new normal.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: FY12/21
Environmental Metrics
ESG Focus Areas
- SDGs (Sustainable Development Goals)
- Sustainability
- Regional Revitalization
Social Achievements
- Established Alps Care Heart Corporation to operate a home-visit nursing care business, making a full-scale entry into that business.
- Contribution to regional revitalization through donations using the corporate version of the hometown tax donation system.
Governance Achievements
- Established a basic policy on sustainability and a sustainability committee to oversee specific initiatives.
Climate Goals & Targets
- Net sales of ¥48,000mn, operating profit of ¥5,100mn, and ROE of 20% or above by FY12/24.
Environmental Challenges
- Impact of the coronavirus pandemic on mobilization rates and foreign worker acceptance.
- Shortage of human resources in agriculture and nursing care fields.
- Immigration restrictions affecting the acceptance of foreign workers.
Mitigation Strategies
- Implemented measures to ensure the safety of customers and employees during the pandemic, including remote work and online training.
- Strengthened referral recruitment and group coordinated recruitment.
- Enhanced employee engagement to reduce attrition rates.
- Developed and assigned foreign workers accepted before the coronavirus pandemic in the agriculture sector.
- Established a new company for home-visit nursing care, starting with locations in Sagamihara City and planning expansion.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: FY12/23
Environmental Metrics
ESG Focus Areas
- SDGs
- Sustainability
Social Achievements
- Expanded agriculture-related personnel, and made noteworthy achievements in nursing care-related business
- Secured 289 new 2023 college graduates (standalone), and the number of engineering staff (standalone) at the end of the period increased to 4,516
- Accepted approximately 40 global engineers and 100 agriculture-related personnel, bringing the number of foreign personnel to 520 at the end of FY12/23.
- Established a system alongside the lifting of immigration restrictions put in place due to COVID-19 and positioned itself on a track toward growth in agriculture-related field.
- Alps Care Heart, which provides nursing care-related services, steadily increasing the number of locations
Governance Achievements
- Established a basic policy on sustainability in November 2021
Climate Goals & Targets
- FY12/26 targets of net sales of ¥55,500mn, operating profit of ¥5,700mn, and ROE of 20% or above
Environmental Challenges
- Soaring raw material prices, logistics costs, and personnel expenses in the manufacturing industry
- Declining Japanese population and economic globalization
- Severe recruitment environment
- Impact of COVID-19 pandemic on immigration restrictions
Mitigation Strategies
- Actively recruiting new graduates and mobilizing them at an early stage, as well as improvement in the contract unit price
- Strengthening its foundation for sustainable growth by leveraging cutting-edge technology to take on new domains and grow new revenue streams such as agriculture and nursing care business
- Expanding the Global Business, for which there is strong demand primarily from Japanese companies located in East Asia, as well as new businesses (agriculture and nursing care, etc.)
- Full-scale efforts to employ global human resources along with the lifting of immigration restrictions