Climate Change Data

Environmental Metrics

ESG Focus Areas

• Carbon Neutrality
• Safety
• Sustainability

Environmental Achievements

• Announced plan to produce the world's first hybrid rough terrain crane, aiming to reduce CO2 emissions and noise.
• Launched new crawler carrier "IC37-5" with improved fuel efficiency and compliance with European Stage V emission regulations.
• Launched all-wheel-drive crawler carrier "IC70R".

Social Achievements

• Established a Sustainability Committee in February 2023.
• Expressed support for the TCFD recommendations in May 2023 and launched a sustainability website.
• Joined the Shinagawa CSR Promotion Council in July 2023.

Governance Achievements

• Developing plans to meet the Tokyo Stock Exchange Prime Market listing maintenance standards.

Climate Goals & Targets

Environmental Challenges

• Supply restrictions on some major components for main products.
• Tough sales environment in China.
• Uncertainty regarding raw material and energy costs.

Mitigation Strategies

• Implementing a profitability-focused strategy, including price and cost improvements, expansion of after-parts sales, and further cost reduction.
• Focusing on sales expansion in Europe and Southeast Asia, where construction demand is strong.

Supply Chain Management

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO9001

UN Sustainable Development Goals

• Not disclosed

Sustainable Products & Innovation

• Hybrid rough terrain crane
• Crawler carrier IC37-5
• All-wheel-drive crawler carrier IC70R

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Innovation for societal enrichment
• Contribution to a sustainable global environment
• Creating a rewarding workplace
• Strengthening the supply chain
• Establishing a responsible organizational structure

Environmental Achievements

• Development of hybridラフター (rough terrain crane) aiming for further CO2 emission reduction. Launched SL-500RfⅢ・SL-600RfⅢ with engines meeting the latest emission regulations (European Stage V).

Social Achievements

• Free operation training for excavators in Kanazawa for disaster relief.
• Free dispatch of all-terrain suction vehicle "IC 75MV" for disaster relief in Noto Peninsula.

Governance Achievements

• Met all the listing maintenance criteria on the Prime Market of the Tokyo Stock Exchange as of March 31, 2024.

Climate Goals & Targets

Environmental Challenges

• Supply chain restrictions impacting production of some construction cranes in Japan.
• Unfavorable business environment in China.
• Part shortages affecting domestic production.

Mitigation Strategies

• Review of China business.
• Exploring business opportunities in India.
• Focusing resources on core businesses for profitability improvement.
• Measures to improve profitability, including various sales strategies and exchange rate gains from a weaker yen.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Hybridラフター
• SL-500RfⅢ・SL-600RfⅢ

Environmental Metrics

ESG Focus Areas

• Environmental conservation
• Sustainability
• SDGs

Environmental Achievements

• Launched the world's first hybrid rough terrain crane (SR-250HV) to reduce CO2 emissions and noise.
• Improved fuel efficiency in new products.

Social Achievements

• Established a Sustainability Committee in February 2023.
• Endorsed the TCFD recommendations in May 2023.
• Joined the Shinagawa CSR Promotion Council in July 2023.
• Provided a multi-purpose truck loader free of charge to support the Noto Peninsula earthquake recovery in November 2024.

Governance Achievements

• Released "Measures to Achieve Management Conscious of Capital Costs and Stock Prices" in May 2024, focusing on improving capital efficiency.
• Plans to disclose specific medium-term targets for relevant indicators in the next medium-term management plan (starting FY2026).

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions (resolved by the end of FY2024).
• Slow recovery of demand in China.
• Weakening construction demand in Europe.
• Pre-presidential election buying restraint of hydraulic excavators in the US.
• Deteriorating business environment in China due to real estate slump and intensified competition.
• Sales postponement of new construction cranes.

Mitigation Strategies

• Dissolution and liquidation of two Chinese subsidiaries.
• Focus on profitability over sales growth.
• Cost reduction measures.
• Expansion into India and surrounding countries as a new major market.
• Discussions for a joint venture with ACE (Action Construction Equipment Ltd.) in India.
• Price and cost improvements.

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO9001

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 13 (Climate Action)

Development and sales of environmentally friendly equipment, such as the hybrid rough terrain crane.

Sustainable Products & Innovation

• Hybrid rough terrain crane (SR-250HV)

Awards & Recognition

• 2024 Good Design Award (IC70R)
• 54th Mechanical Engineering Design Award IDEA (IC70R)