株式会社エージーピー

Climate Impact & Sustainability Data (2018-04-01 to 2019-03-31, 2019-04 to 2020-03, 2022-04 to 2022-12, 2022-2025)

Reporting Period: 2018-04-01 to 2019-03-31

Environmental Metrics

ESG Focus Areas

Environmental
Social
Governance

Environmental Achievements

ISO14001 environmental guarantee standard certification obtained (expanded: Narita, Kinki, Chitose, Osaka, Hiroshima, Fukuoka, Okinawa)
ISO14001 environmental guarantee standard certification obtained (expanded: Chubu)

Social Achievements

Employee well-being program through a co-operative system
Active efforts to improve workplace vitality, promote flexible work styles, secure diverse human resources, and improve labor productivity through operational process reviews and the use of AI and IT technologies.

Governance Achievements

Establishment of a comprehensive audit office directly under the president
Regularly held management meetings with the president, executive directors, and executive officers
Monthly board meetings with one outside director and two outside auditors

Climate Goals & Targets

Long-term Goals:

Sales of 20 billion yen, operating profit margin of 10% or more
Aiming for an outside sales ratio of 30% or more
Reduce CO2 emissions at major airports by 135,000 tons through the promotion of GPU use

Environmental Challenges

Decreasing workforce in the long term
Stricter environmental regulations
Competition in the sales of food carts and retail electricity
Difficulties in achieving the current medium-term management plan by 2019

Mitigation Strategies

Active review of work styles, including labor-saving and labor-saving measures through the accelerated use of AI and IT technologies
Active participation in eco-airport initiatives promoted by the Ministry of Land, Infrastructure, Transport and Tourism
Strengthening of the main business and re-examination of unprofitable businesses
Strengthening of group management systems and fundamental review of business processes

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

Natural disasters (typhoons)

Opportunities

Eco-airport initiatives

Sustainable Products & Innovation

Development and improvement of new IH heating carts

Reporting Period: 2019-04 to 2020-03

Environmental Metrics

Total Carbon Emissions:Not disclosed

Scope 1 Emissions:Not disclosed

Scope 2 Emissions:Not disclosed

Scope 3 Emissions:Not disclosed

Renewable Energy Share:Not disclosed

Total Energy Consumption:Not disclosed

Water Consumption:Not disclosed

Waste Generated:Not disclosed

Carbon Intensity:Not disclosed

ESG Focus Areas

Environmental
Social
Governance

Environmental Achievements

Reduced APU usage at major airports contributing to eco-airport initiatives.

Social Achievements

Not disclosed

Governance Achievements

Not disclosed

Climate Goals & Targets

Long-term Goals:

Not disclosed

Medium-term Goals:

Not disclosed

Short-term Goals:

Not disclosed

Environmental Challenges

Significant decrease in domestic and international air travel demand due to the COVID-19 pandemic.
Decreased airport functionality due to reduced passenger demand.
Uncertainty about the future of the aviation industry due to the global spread of COVID-19.
Decreasing workforce population.

Mitigation Strategies

Implementing business structural reforms.
Strict cost management.
Reviewing personnel allocation to match reduced workload.
Improving employee skills through training to enhance productivity.
Promoting workplace revitalization, flexible work styles, and securing diverse human resources.
Improving operational efficiency through process review and AI/IT technology.
Accelerating telework.
Re-evaluating unprofitable businesses and reallocating resources through 'selection and concentration'.
Investing in sustainable growth in the long term.

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: 2022-04 to 2022-12

Environmental Metrics

ESG Focus Areas

CO2 reduction
Diversity
Employee well-being
Governance
Carbon neutral initiatives

Environmental Achievements

Developed a power conversion device that reduces power consumption by up to 4% compared to conventional devices.
Developed an electric brake cooling device for aircraft, improving safety and reducing CO2 emissions compared to gasoline-powered devices.
Started a demonstration project using an electric towing tractor at Takamatsu Airport to contribute to airport decarbonization.

Social Achievements

Decided to introduce a J-ESOP (employee stock ownership plan) in fiscal year 2023.
Decided to introduce a defined contribution pension plan in April 2023.
Established an in-house diversity promotion team to conduct workshops aimed at eliminating unconscious bias.

Governance Achievements

Increased dividend payout to 25 yen per share for the fiscal year.
Acquired and partially cancelled own shares to increase the free float ratio.

Climate Goals & Targets

Medium-term Goals:

Achieve a 10% or higher operating profit margin and ROE by FY2025.
Increase the non-airport sales ratio to 20% or more by FY2025.
Reduce CO2 emissions by 335,000 tons or more by FY2025.

Environmental Challenges

Supply rate of power supply remains low despite increased demand due to the recovery of air travel.
Rising electricity prices.
Decreased sales in the food system business due to a reaction from the previous year.

Mitigation Strategies

Promoting the use of GPUs to improve the supply rate.
Implementing continuous cost reduction measures.
Expanding business areas to offset the decrease in food system sales.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

High-efficiency power conversion device
Electric brake cooling device
Electric towing tractor

Reporting Period: 2022-2025

Environmental Metrics

Total Carbon Emissions:335,000 tons (target by FY25)

ESG Focus Areas

Environment
Social
Governance

Environmental Achievements

CO2 emissions reduction exceeding 335,000 tons by FY25 (target)
Development of Japan's first battery-powered GPU
Promotion of GPU utilization to achieve 100% target by FY30

Social Achievements

Implementation of a new personnel evaluation system in FY21
Expansion of retirement benefit system for employee welfare
Initiatives to promote diversity and inclusion, aiming for 10% female representation in new hires and 100% maternity leave rate

Governance Achievements

Compliance with the revised Corporate Governance Code (aiming for full compliance by FY25)
Strengthening of risk management
Enhancement of information disclosure and transparency

Climate Goals & Targets

Medium-term Goals:

Achieve 100% GPU utilization by FY30
Full compliance with the revised Corporate Governance Code by FY25

Short-term Goals:

Achieve CO2 emission reduction exceeding 335,000 tons by FY25

Environmental Challenges

Difficulty in achieving significant results in growth areas despite efforts
High self-capital ratio due to lack of growth investment opportunities
Low trading volume and low participation rate of investors due to low free-float ratio

Mitigation Strategies

Focus on selection and concentration of businesses
Exploration of new business models and diversification
Active PR and IR activities to increase free-float ratio and improve stock price and trading volume
Seeking cooperation from major shareholders to reduce their stake