Yokota Manufacturing Co., Ltd. (株式会社横田製作所)
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Governance
- Human Capital
- Sustainability
Social Achievements
- Implemented various work-style reforms, including telework, creating a more relaxed atmosphere for taking vacations, and introducing childcare leave and nursing care leave.
- Established a harassment consultation window.
Governance Achievements
- Established clear decision-making authority in the "Board of Directors Rules" and "Job Authority Regulations".
Climate Goals & Targets
Environmental Challenges
- Low percentage of women in management positions (9.1% as of March 31, 2023).
- Lack of a mid-term management plan due to the uncertainty of mid-term order forecasts.
- Absence of an independent internal reporting system.
- Only one independent outside director.
- Absence of an independent nomination committee and remuneration committee.
Mitigation Strategies
- Plans to consider the introduction of an electronic voting system for shareholder meetings if the proportion of institutional and foreign investors reaches a certain level.
- Plans to consider translating the convocation notice into English if the proportion of foreign investors reaches a certain level.
- Plans to consider establishing a code of conduct as needed.
- Plans to consider establishing an independent internal reporting system as needed.
- Plans to consider disclosing a mid-term management plan in the future, based on requests from the capital market.
- Plans to consider disclosing documents in English if the proportion of foreign investors reaches a certain level.
- Plans to consider introducing medium-to-long-term incentive compensation as needed.
- The company believes that appointing more than one independent outside director is not appropriate due to the nature of its niche market and the need for deep industry knowledge.
- The company believes that establishing an independent nomination and remuneration committee is difficult due to having only one independent outside director.