Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Governance
• Human Capital

Environmental Achievements

• ISO14001 certification at Iwaki factory, promoting environmental conservation activities.
• Efforts to reduce CO2 emissions and promote resource efficiency.

Social Achievements

• Over 50% of management positions filled by mid-career hires.
• Implementation of a company-type defined contribution pension system with education and explanation provided to employees.

Governance Achievements

• Establishment of an Audit Committee with a majority of outside directors.
• Implementation of a performance-based compensation system for directors.
• Regular analysis and evaluation of the effectiveness of the board of directors.

Climate Goals & Targets

Environmental Challenges

• Need to improve English language information disclosure.
• Need to develop a succession plan for the CEO.
• Need to consider implementing an equity-based compensation system.
• Need to consider establishing a nomination committee and a compensation committee.

Mitigation Strategies

• Ongoing consideration of implementing English language disclosure and electronic voting platform participation based on investor demographics.
• Future consideration of a mid- to long-term succession plan.
• Ongoing discussion within the board of directors regarding the implementation of an equity-based compensation system.
• Ongoing consideration of establishing a nomination committee and a compensation committee to further enhance governance.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainability
• Governance
• Human Capital

Environmental Achievements

• ISO14001 certification at Iwaki factory, promoting environmental conservation activities.
• Efforts to reduce CO2 emissions and promote resource efficiency.

Social Achievements

• High percentage of mid-career managers (over 50%).
• Implementation of a company-type defined contribution pension plan.

Governance Achievements

• Establishment of an Audit Committee.
• Implementation of a performance-based compensation system for directors.
• Active engagement with analysts and institutional investors through regular briefings.

Climate Goals & Targets

Environmental Challenges

• Need to consider English translation of meeting notices and participation in electronic voting platforms.
• Need to consider further enhancing governance, potentially by establishing a nomination committee and a remuneration committee.
• Need to consider increasing diversity on the board of directors.

Mitigation Strategies

• Ongoing consideration of implementing English language information disclosure and electronic voting platform participation based on investor demographics.
• Ongoing consideration of establishing a nomination committee and a remuneration committee.
• Ongoing efforts to select suitable candidates for board positions to ensure gender and international diversity.

Supply Chain Management

Climate-Related Risks & Opportunities