Climate Change Data

IRISO ELECTRONICS CO., LTD.

Climate Impact & Sustainability Data (2023-04 to 2023-09, 2025, FY2022)

Reporting Period: 2023-04 to 2023-09

Environmental Metrics

ESG Focus Areas

  • Environmental, Social, and Governance (ESG)

Environmental Achievements

  • Selected as a constituent of the FTSE Blossom Japan Sector Relative Index

Social Achievements

  • Established a local sales company in India to improve sales force in the Indian and Southeast Asian regions.
  • Started sales activities in India focusing on growth in the automotive market, including the two-wheeler market.

Governance Achievements

  • Postponed the launch of a new ERP system to ensure thorough preparation for system testing and efficient data updates.

Climate Goals & Targets

Medium-term Goals:
  • Achieve ¥100 billion sales goal (long-term management plan)
Short-term Goals:
  • Launch new ERP system in Q1, FY2024

Environmental Challenges

  • Decreased demand in consumer and industrial markets due to inventory adjustments.
  • Impacts from adjusting product inventory for 5G stations in China.
  • China’s capital spending slowdown.
Mitigation Strategies
  • Cost reduction through profit improvement projects.
  • Review of pricing policy and long-tail marketing strategy.
  • Project to reduce manufacturing costs.
  • Logistics reform to reduce storage and distribution costs.
  • Procurement strategy planning and cost reduction.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2025

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100% for Ibaraki factory
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Renewable Energy

Environmental Achievements

  • Achieved 100% renewable energy for Ibaraki factory through offsite PPA, reducing CO2 emissions by approximately 320,867 kg-CO₂ annually.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • 20% reduction in total CO2 emissions (Scope 1-3)
Short-term Goals:
  • Zero CO2 emissions from Scope 2 electricity usage by 2025

Environmental Challenges

  • Reducing CO2 emissions from Scope 1, 2, and 3.
Mitigation Strategies
  • Implemented offsite PPA, installed solar power generation equipment, improved energy efficiency of factory equipment.

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

Reporting Period: FY2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Resource saving
  • Lean Process for the Earth
  • Coexistence with society and social contribution

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • ROE of 10% or higher
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Soaring costs of raw materials
  • Shanghai's lockdown impact
  • Global auto production slump due to COVID-19 impact and parts shortage
  • Dropping capacity utilization
  • Soaring raw material and shipping costs
Mitigation Strategies
  • Profit structure improvement strategies
  • Cost reduction, price optimization
  • Cost reduction, business risks
  • Review pricing policy and long-tail marketing strategy
  • Project to reduce manufacturing costs of flagship product lines
  • Raise productivity, make a logistics reform to reduce total storage and distribution costs

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