兼房株式会社
Climate Impact & Sustainability Data (2023-03 to 2024-03)
Reporting Period: 2023-03 to 2024-03
Environmental Metrics
Renewable Energy Share:21.3% (at headquarters)
ESG Focus Areas
- Sustainability
- Carbon Neutrality
- SDGs
- Resource Efficiency
- Waste Reduction
Environmental Achievements
- Achieved 21.3% renewable energy usage at headquarters (target: 20%, exceeding goal)
- Developed environmentally friendly products, reducing rare metal usage
- Reduced plastic usage in packaging
- Improved cutting efficiency to reduce energy consumption
- Introduced AI-based automated inspection system, reducing inspection personnel by 30%
Social Achievements
- Implemented a new dual-track career system (combining management and specialist tracks)
- Introduced initiatives for employee wellbeing and work-life balance (details not specified)
Governance Achievements
- Revised financial strategy to prioritize growth investment while maintaining dividend policy (minimum 15 yen, payout ratio target 35%)
Climate Goals & Targets
Medium-term Goals:
- Achieve 240 billion yen in sales, 24 billion yen in operating profit, and 10% operating profit margin by 2025
- Reduce greenhouse gas emissions by 20% in production and heat treatment equipment
- Introduce GHG-free energy at headquarters (20% or more)
Short-term Goals:
- Increase renewable energy usage at headquarters to 30%
Environmental Challenges
- Decreased orders and operating rates due to market inventory adjustments
- Increased raw material prices
- Slowdown in the Chinese economy and manufacturing downturn in Europe
- Decreased sales of wood processing circular saws in Japan
Mitigation Strategies
- Cost reduction measures (electricity, logistics, office supplies, repairs)
- Increased sales prices
- Investment in automation and labor-saving measures
- Expansion of Vietnam factory capacity
- Improved warehouse management system
Supply Chain Management
Responsible Procurement
- Using eco-friendly materials
- Reducing plastic usage in packaging
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products
- Growth in the EV market
Sustainable Products & Innovation
- Environmentally friendly cutting blades with reduced rare metal usage
- CLT processing blades with improved cutting efficiency