Climate Change Data

TOMITA ELECTRIC CO.,LTD.

Climate Impact & Sustainability Data (2023-02-01 to 2024-01-31)

Reporting Period: 2023-02-01 to 2024-01-31

Environmental Metrics

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • ISO14001 certification obtained in 2004 and maintained; continuous improvement activities for environmental performance; focus on pollution prevention, waste reduction, and reduction of environmental burden.

Social Achievements

  • Employee evaluation system based on objective criteria, regardless of gender, age, or nationality; provision of training opportunities tailored to individual needs; promotion of women's participation in various training programs; aiming for 20% female management representation.

Climate Goals & Targets

Medium-term Goals:
  • Aiming for 20% female management representation.

Environmental Challenges

  • Slow recovery of the Chinese market; intense global competition; economic uncertainty due to geopolitical instability, energy and resource price fluctuations, global inflation, and rapid exchange rate fluctuations; severe price competition in the electronics components industry; difficulty in accurately predicting returns on investment in new materials and product development; rising non-ferrous metal prices; potential impact of natural disasters and power outages; potential impact of changes in Chinese laws, taxes, and regulations.
Mitigation Strategies
  • Focus on cost reduction, quality improvement, and high-performance product development; efforts to improve the quality and reduce costs of overseas production facilities; seeking new orders in EV, information and communication, industrial equipment, medical equipment, and energy-saving/environmental fields; promotion of quality improvement and manufacturing equipment renewal, labor-saving, and automation; promotion of material development aimed at high reliability and high efficiency; regular review of investment securities; BCP and crisis management reinforcement; consideration of CSR in business activities.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO14001

Sustainable Products & Innovation

  • Development of high-performance ferrite cores for 5G, EVs, AI, RFID, and other advanced applications; development of energy-efficient ferrite cores.