Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Environmental Sustainability
• Diversity and Inclusion

Environmental Achievements

• Established an Environmental Implementation Committee focused on reducing energy consumption in domestic factories. Prioritizing carbon neutral initiatives.

Social Achievements

• Working to increase diversity in management positions, including women, foreigners, and mid-career hires.

Governance Achievements

• Established a Nomination and Remuneration Committee to ensure objectivity and transparency in executive compensation and director nominations.
• Implemented a system for reporting and addressing compliance concerns through a consultation window (employee voice).

Climate Goals & Targets

Environmental Challenges

• Low number of foreign shareholders, resulting in limited English language disclosures and lack of electronic voting platform.
• Lack of foreign nationals in management positions.
• Absence of a CEO succession plan.

Mitigation Strategies

• Considering implementing an electronic voting platform and translating materials into English based on future shareholder composition.
• Exploring ways to further promote diversity in management, including foreign nationals.
• The Nomination and Remuneration Committee will consider a CEO succession plan.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Corporate Governance Code (2021 revision)

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Impact of customer shipment suspensions in the automotive market.
• High steel prices and energy costs.
• Global movement towards carbon neutrality in the automotive market leading to accelerated electrification by automakers.
• Shrinking market size and severe labor shortages due to Japan's declining birthrate and aging population.

Mitigation Strategies

• Implementing "2030 Group Vision" with strategies focusing on marketing, manufacturing, human resources, and community engagement.
• Efforts to reduce costs.
• Partial transfer of increased steel and energy costs to sales prices.

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