Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental impact reduction
• Stakeholder returns
• Effective governance

Environmental Achievements

• Released Neo-Chromato Process to discolor and reuse polyester fabrics, aiming to reduce waste and resource usage.
• Launched TRAPIS, a pigment transfer textile printing system reducing wastewater by approximately 90% compared to conventional methods.
• Introduced CO2-free electricity at four European sites.
• Awarded the Industrial Packaging Award for a paper ink cartridge with 68% less plastic.

Social Achievements

• Launched M2COA, an automation system contributing to labor-saving in UV printing.
• Hosted "Mimaki Festival" to engage with the local community.
• Increased jobs for people with disabilities and the elderly.
• Improved average number of paid leave days per employee to 14.7 (up 1.8 days).

Governance Achievements

• Launched a global management project to promote new workflows and regulations.
• Reviewed and strengthened administrative systems of subsidiaries.
• Improved compliance training frequency to at least twice a year.
• Established SDGs Promotion Office and Meeting.

Climate Goals & Targets

Environmental Challenges

• Meeting on-demand print service requirements and adapting to the shift to e-commerce.
• Improving ink quality to eliminate printer downtime and reduce repair costs.
• Ensuring thorough internal control and compliance globally.
• Improving production and logistics systems to address supply chain disruptions and rising costs.
• Strengthening the R&D system to drive innovation and shorten development cycles.
• Corporate transformation to achieve a 10% operating profit margin by FY2025.
• Transforming the sales system to meet diverse global customer needs.
• Implementing risk management initiatives to address geopolitical risks, natural disasters, and pandemics.
• Strengthening intellectual property strategy.
• Addressing SDGs, particularly in the textile and apparel market.

Mitigation Strategies

• Providing digital on-demand printing solutions and IoT for digital printing.
• Improving ink development, production, and inspection processes.
• Establishing a global management project for internal control and compliance.
• Building a flexible production system and establishing NRI warehouses.
• Reviewing development plans, prioritizing new markets, and promoting modular development.
• Reducing fixed costs, advancing BS-oriented management, and improving capital efficiency.
• Conducting sales analysis using SFA/CRM, devising virtual mini-exhibition strategies, and building sales channels.
• Re-examining operational infrastructure, emergency communication systems, and disaster prevention measures.
• Establishing the Intellectual Property Department.
• Promoting environment-friendly product lines and launching sustainable printing solutions like TRAPIS.

Supply Chain Management

Supplier Audits: 84% response rate to green procurement survey

Responsible Procurement

• Green procurement statement

Climate-Related Risks & Opportunities

Physical Risks

• Intensification of extreme weather
• Disruption of supply chains

Transition Risks

• Carbon emission targets and carbon taxes
• Increase in raw material costs
• Increase in fuel and electricity prices
• Decrease in hiring rate due to delayed TCFD response
• Compliance with the CSRD

Opportunities

• Development and expansion of low carbon products and services

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 9001, ISO 14001

Third-party Assurance: Deloitte Touche Tohmatsu LLC

Sustainable Products & Innovation

• Neo-Chromato Process
• TRAPIS

Awards & Recognition

• Industrial Packaging Award (2023 Japan Packaging Contest)

Environmental Metrics

ESG Focus Areas

• Environmental sustainability
• Resource recycling
• Decarbonization

Environmental Achievements

• Launched worldwide shipment of paper-made ink cartridges, reducing plastic usage by 68% and CO2 emissions by approximately 57 tons per year. Further reduction in CO2 emissions from transportation by approximately 8 tons per year.
• Development and manufacturing of environmentally friendly inks and eco-ink cartridges.

Social Achievements

• Relocated Nagoya Sales Office to improve customer service and support.
• Won two EDP Awards 2024 for innovative printers (UJV100-160Plus and TxF series).

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• High core inflation rates.
• Varying economic recovery across regions and countries.
• Geopolitical risks and unpredictable situations.
• Increased ocean freight costs.

Mitigation Strategies

• Execution of priority measures set forth in the “Mimaki V10” medium- to long-term growth strategy.
• Continued launch of new products.
• Development of business anticipating rapid market changes and customer needs.
• Building a foundation to improve profitability.
• Efficient execution of expenses.

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: ISO 14001, ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

MIMAKI contributes to seven of the UN's 17 SDGs using its inkjet technology, focusing on resource recycling and environmental sustainability.

Sustainable Products & Innovation

• Paper-made ink cartridges
• Environmentally friendly inks

Awards & Recognition

• Two EDP Awards 2024