Climate Change Data

MinebeaMitsumi Inc.

Climate Impact & Sustainability Data (2012, 2013, 2017, 2018, 2018-04 to 2019-03, 2018-04-01 to 2019-03-31, 2023-04 to 2024-03, 2024)

Reporting Period: 2012

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

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • 2011 Thailand floods temporarily halted operations at some bearing manufacturing plants.
Mitigation Strategies
  • Strategic inventory management of parts and products minimized customer impact.

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: 2013

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

  • Community Engagement
  • Environmental Management
  • Human Resources

Environmental Achievements

  • Achieved A-rank in the Japan Policy Investment Bank's environmental rating in 2012.
  • Reduced water usage at the factory significantly by utilizing spring water instead of well water.

Social Achievements

  • Held stakeholder dialogues with local community members in Miyota-machi.
  • Provided housing for approximately 200 single employees and 50 households in company dormitories and housing.
  • Considered local sourcing for factory supplies and products.
  • Initiated discussions about potential internships for local university students.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Increased traffic and unsafe driving due to the company's presence in the town.
  • Lack of awareness among local residents about MinebeaMitsumi's operations and products.
Mitigation Strategies
  • Addressing unsafe driving concerns.
  • Exploring ways to better communicate the company's activities and products to the local community (e.g., product displays at the train station, regular meetings with community members).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Exploring increased local sourcing.

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

  • A-rank in the Japan Policy Investment Bank's environmental rating (2012)

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:771,594 tCO2e/year
Scope 3 Emissions:201,289 tCO2e/year (from logistics)
Total Energy Consumption:1,363,568 MWh/year
Water Consumption:6,570,269 m3/year
Waste Generated:87,663 tons/year
Carbon Intensity:0.88 tons per million yen of production in FY2017

ESG Focus Areas

  • Compliance
  • Risk Management
  • Relationships with Customers
  • Relationships with Employees
  • Relationships with Suppliers
  • Relationships with Local Communities and Global Society
  • Relationships with Shareholders
  • Environmental Management
  • Initiatives for Preventing Global Warming
  • Initiatives for Effective Use of Resources
  • Initiatives for Reducing Impacts on the Environment
  • Product-related Initiatives for the Environment

Environmental Achievements

  • Reduced CO2 emissions per basic unit of output by 1% compared with FY2015 (6.3% excluding currency exchange effects)
  • Reduced waste generated per basic unit of output by 2.9% compared with FY2015 (8.4% excluding currency exchange effects)
  • Achieved a waste recycling rate of 98.1%
  • Reduced service water consumption per basic unit of output by 2.7% compared with FY2015 (7.9% excluding currency exchange effects)

Social Achievements

  • Conducted stakeholder dialogue at Chitose Business Division with local community representatives
  • Launched Happy Workplace Program in Thailand to enhance employee well-being
  • Received CSR-DIW Continuous Award from the Department of Industrial Works for nine consecutive years
  • Implemented various community support projects in Thailand (approximately 80 projects in FY2017)
  • Established a new dorm at the Cambodia plant to provide comfortable and secure living environment for employees
  • Achieved 100% literacy rate among Cambodia plant employees through before-work study groups
  • Implemented an open promotion system at the Cambodia plant, increasing the number of local employees in leadership roles
  • Introduced a reemployment system enabling employees to continue working until age 65
  • Reviewed personnel evaluation standards and promotion standards to increase transparency

Governance Achievements

  • Appointed CSR officers at Mitsumi Electric sites in Japan and implemented measures to promote CSR
  • Built structures and conducted training in China to promote compliance
  • Conducted a compliance awareness survey of 7,600 Japanese employees
  • Formulated a basic BCP at the Lopburi Plant in Thailand
  • Conducted BCP drills at Japanese facilities and Thailand
  • Revised and ensured awareness of Group Quality Management Rules
  • Supported transition to ISO 9001:2015 certification
  • Introduced unified bar codes for all products
  • Implemented self-auditing of compliance with the Act against Delay in Payment of Subcontract Proceeds, etc. to Subcontractors

Climate Goals & Targets

Medium-term Goals:
  • Reduce CO2 emissions by 15% per basic unit of output compared with FY2015 by FY2020
  • Reduce amount of generated waste by 15% per basic unit of output compared with FY2015 by FY2020
  • Reduce use of service water by 15% per basic unit of output compared with FY2015 by FY2020
  • Recycle 97.5% of generated waste by FY2020
  • Double the ratio of female managers by 2021
Short-term Goals:
  • Reduce CO2 emissions by 9% per basic unit of output compared with FY2015 by FY2018
  • Reduce amount of generated waste by 9% per basic unit of output compared with FY2015 by FY2018
  • Reduce use of service water by 9% per basic unit of output compared with FY2015 by FY2018
  • Appoint CSR officers at Mitsumi Electric overseas sites and take measures to promote CSR by FY2020
  • Promote CSR management based on key CSR issues by FY2020
  • Set priority CSR topics for the MinebeaMitsumi Group by FY2020

Environmental Challenges

  • Economic uncertainty due to the rise in the value of the yen
  • Labor shortage
  • High electric power rates in Hokkaido
  • Increasing CO2 emissions due to business integration and exchange rate effects
  • Increased CO2 emissions from logistics activities due to higher shipment volumes and air freight use
  • Need to further reduce landfill waste
  • Need to improve employee awareness of consultation services regarding compliance
Mitigation Strategies
  • Developing business while responding accurately to social needs
  • Improving productivity through extensive technical guidance
  • Negotiations with Hokkaido Electric Power to reduce electricity costs
  • Strengthening initiatives to minimize waste materials and wastewater
  • Optimizing storage locations and logistical methods
  • Conducting surveys and market analysis of landfill waste to identify further reduction opportunities
  • Broadly disseminating information on how to use consultation services

Supply Chain Management

Supplier Audits: 1,337 suppliers received CSR Procurement Guidelines

Responsible Procurement
  • MinebeaMitsumi Group CSR Procurement Guidelines
  • New Supplier Certification Standards
  • Green Procurement Standard

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 26000:2010, GRI Sustainability Reporting Standards, Japanese Ministry of the Environment “Environmental Reporting Guidelines” (2012 edition)

Certifications: ISO 14001, OHSAS 18001, ISO 9001:2015, IATF 16949:2016, TLS 8001-2010

Sustainable Products & Innovation

  • SALIOT LED lighting
  • High-efficiency motors
  • Energy-efficient LED backlight units

Awards & Recognition

  • CSR-DIW Continuous Award (9 consecutive years)
  • 2017 Internet IR Excellence Award
  • 2017 Company Website Best Company Award
  • Gomez IR Site Overall Ranking 2017 Silver Award

Reporting Period: 2018

Environmental Metrics

ESG Focus Areas

  • Employee Relations
  • Workforce Diversity
  • Health and Safety
  • Human Rights

Social Achievements

  • Continued training on leadership basics and execution and held networking events for female employees to improve management skills.
  • Actively hires persons with disabilities, with a rate of 1.67% as of June 2017.
  • Formulated an action plan to promote active roles for female employees, aiming to double the ratio of female managers by 2021.
  • Introduced a reemployment system enabling employees to work until age 65.
  • Reviewed personnel evaluation and promotion standards to increase transparency.
  • Established a flexible system for time off for childbirth, childrearing, and family care.
  • Reviewed the system for reduced working hours for childcare, extending it until a child completes the third grade of elementary school.
  • Implemented various training and skill enhancement programs for future leaders, including sending employees to Columbia University Business School.

Climate Goals & Targets

Medium-term Goals:
  • Doubling the ratio of female managers by 2021.

Environmental Challenges

  • Raising employment of persons with disabilities to the legally mandated rate (2.2%).
  • Increasing the ratio of female managers.
Mitigation Strategies
  • Bolstering efforts to raise employment of persons with disabilities.
  • Formulating an action plan to establish employment environments where female employees can perform at high levels and support an increase in the number of female managerial candidates.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2018-04 to 2019-03

Environmental Metrics

Total Carbon Emissions:773,207 tCO2e/year
Scope 3 Emissions:129,712 tCO2e/year (product transportation)
Total Energy Consumption:1,349,896 MWh/year
Water Consumption:3,418,267 m3/year (including various sources)
Waste Generated:1,635 tons/year (final disposal)
Carbon Intensity:0.87 tons CO2e/million yen (2018)

ESG Focus Areas

  • Employee well-being
  • Social contribution through value creation
  • Stable supply of precision parts supporting society
  • Compliance
  • Risk management
  • Environmental contribution
  • Resource efficiency
  • Reduction of environmentally hazardous substances
  • Environmental initiatives in products
  • Stakeholder engagement

Environmental Achievements

  • Reduced CO2 emissions per million yen of production by 1% compared to 2017.
  • Reduced product transportation CO2 emissions by 36% compared to 2017.
  • Achieved a 98.1% waste recycling rate.
  • Reduced water usage per million yen of production by 6% compared to 2015.

Social Achievements

  • Launched Leadership Enhancement and Advancement Program at Cebu Mitsumi, training over 100 leaders.
  • Implemented Graduate Industrial Technical Program at Cebu Mitsumi, training approximately 1500 operators.
  • Implemented various initiatives to improve employee satisfaction and reduce turnover at Cebu Mitsumi.
  • Donated to schools and provided scholarships in the Cebu Mitsumi community.
  • Conducted mangrove planting activities in Cebu Mitsumi.
  • Implemented various employee wellbeing initiatives.
  • Achieved a 1.61% disability employment rate (June 2018).

Governance Achievements

  • Established a Sustainability Promotion Department.
  • Conducted compliance awareness surveys.
  • Implemented e-learning compliance training for all Mitsumi Electric employees.
  • Strengthened BCP (Business Continuity Plan) in various locations.

Climate Goals & Targets

Medium-term Goals:
  • Reduce CO2 emissions per million yen of production by 15% by 2020 (compared to 2015).
  • Achieve a 97.5% waste recycling rate by 2020.
  • Reduce water usage per million yen of production by 15% by 2020 (compared to 2015).
Short-term Goals:
  • Reduce CO2 emissions per million yen of production by 15% by 2020 (compared to 2015).

Environmental Challenges

  • Climate change impacts (extreme weather events).
  • Supply chain disruptions.
  • Resource scarcity (rare earth elements).
  • Environmental risks (water pollution, air pollution, soil contamination).
  • Maintaining compliance across global operations.
Mitigation Strategies
  • Developed alternative sourcing strategies.
  • Implemented energy efficiency measures (LED lighting, inverter use).
  • Improved packaging for more efficient container loading.
  • Implemented waste reduction initiatives (3Rs + 1R).
  • Established wastewater treatment facilities.
  • Conducted regular environmental patrols.
  • Strengthened compliance training and internal reporting systems.

Supply Chain Management

Supplier Audits: 630 companies responded to CSR procurement self-check sheet in 2018.

Responsible Procurement
  • MinebeaMitsumi Group CSR Procurement Guidelines
  • Supplier Quality Assurance Manual
  • Conflict Minerals Response Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Energy price increases
  • Regulatory changes
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards, ISO 26000:2010, Japanese Ministry of the Environment's Environmental Reporting Guidelines (2018)

Certifications: ISO 14001, OHSAS 18001 (in several major factories)

Sustainable Products & Innovation

  • SALIOT LED spotlight
  • High-efficiency AC adapter

Awards & Recognition

  • Japan IR Council's Excellent IR Company Special Award (2018)
  • Daiwa IR Internet IR Excellence Award (2018)
  • Nikko IR 2018 Overall Ranking Best Site Award
  • Nikko IR 2018 Industry Ranking Excellent Site Award
  • GPIF's selection for excellent and improved integrated reports

Reporting Period: 2018-04-01 to 2019-03-31

Environmental Metrics

Total Carbon Emissions:773,207 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:129,712 tCO2e/year (from logistics)
Renewable Energy Share:Not disclosed
Total Energy Consumption:1,349,896 MWh/year
Water Consumption:6,767,404 m3/year
Waste Generated:14,151 tons/year
Carbon Intensity:0.87 tons CO2e per million yen of production in FY2018

ESG Focus Areas

  • Creating environments where all employees can demonstrate their maximum capabilities
  • Ensuring stable supplies of the precision products that support society
  • Creating new value that contributes to the development of society

Environmental Achievements

  • Reduced energy consumption and CO2 emissions by nearly 5% at Cebu Mitsumi Plant through thermal insulation, LED lights, and inverters
  • Achieved a 98.1% recycling rate of generated waste
  • Reduced CO2 emissions from logistics activities by 36% compared to FY2017

Social Achievements

  • Launched Leadership Enhancement and Advancement Program at Cebu Mitsumi, with over 100 employees completing the program
  • Established Best Operator Program at Cebu Mitsumi, with approximately 1,500 operators participating
  • Implemented Graduate Industrial Technical Program at Cebu Mitsumi, allowing employees to work while obtaining qualifications
  • Provided free healthcare services at Cebu Mitsumi Plant
  • Donated a classroom to Santican National High School and provided equipment for the University of San Jose Recoletos’ Mitsumi Robotics Lab
  • Held Run for Education charity marathon, collecting over 2 million yen in donations

Governance Achievements

  • Established the Sustainability Management Division in FY2019
  • Identified materialities (priority issues) in accordance with three important concepts: Creating value that contributes to the development of society, creating environments where all employees can demonstrate their maximum capabilities, and ensuring stable supplies of the precision products that support society
  • Completed the transition to ISO 9001:2015 certification at all business sites
  • Appointed compliance officers and staff at Cebu Plant

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce CO2 emissions by 15% per basic unit of output compared with FY2015 by FY2020
  • Reduce amount of generated waste by 15% per basic unit of output compared with FY2015 by FY2020
  • Reduce use of service water by 15% per basic unit of output compared with FY2015 by FY2020
Short-term Goals:
  • Reduce CO2 emissions by 12% per basic unit of output compared with FY2015 by FY2020
  • Reduce amount of generated waste by 12% per basic unit of output compared with FY2015 by FY2020
  • Recycling of 97.5% of generated waste by FY2020
  • Reduce use of service water by 12% per basic unit of output compared with FY2015 by FY2020

Environmental Challenges

  • Limited reduction in CO2 emissions per basic unit of output (1.5% compared to a 9% target) due to increased emissions from business integration and exchange rate effects
  • Increase in landfill waste (56 tons compared to FY2017)
  • Increase in water emissions (59,391 m3 compared to FY2017)
Mitigation Strategies
  • Implementing energy efficiency initiatives at all offices and plants
  • Strengthening initiatives to minimize waste materials and wastewater
  • Developing and promoting MinebeaMitsumi Green Products
  • Recycling water inside plants to prevent external emissions
  • Conducting surveys and market analysis of landfill waste to achieve further reductions

Supply Chain Management

Supplier Audits: 630 companies in Japan responded to the CSR Procurement Self-assessment Checklist

Responsible Procurement
  • MinebeaMitsumi Group CSR Procurement Guidelines
  • MinebeaMitsumi Group CSR Procurement Self-assessment Checklist
  • Green Procurement Standard
  • Supplier Quality Assurance Manual
  • New Supplier Certification Standards

Climate-Related Risks & Opportunities

Physical Risks
  • Abnormal climatic conditions
Transition Risks
  • Soaring energy prices
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards, ISO 26000:2010, Japanese Ministry of the Environment “Environmental Reporting Guidelines”

Certifications: ISO 9001:2015, OHSAS 18001 (at principal plants in Thailand, China, Singapore, Philippines, and Malaysia), ISO 14001 (at major sites worldwide)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

The report mentions alignment with the SDGs but doesn't specify which goals.

Sustainable Products & Innovation

  • SALIOT smart LED lighting
  • Smart City Solutions
  • Bed Sensor SystemTM
  • Energy-efficient AC adaptors

Awards & Recognition

  • Nagano Prefecture commendation for Karuizawa Plant's efforts to reduce greenhouse gas emissions
  • Japan Investor Relations Association: IR Special Award
  • Daiwa Investor Relations Co. Ltd.: Internet IR Excellence Award
  • Nikko Investor Relations Co., Ltd.: 2018 Overall Ranking Best Site Award
  • Nikko Investor Relations Co., Ltd.: 2018 Sector Ranking Excellent Site Award

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:868.1 thousand tons/year (Scope 1 & 2)
Scope 3 Emissions:28,937,000 t-CO2e/year (Category 11)
Renewable Energy Share:100% at MITSUMI Cebu plant, aiming for 30% in Thailand and 100% in Cambodia by FY2026
Total Energy Consumption:1,592,072 MWh/year
Water Consumption:8,955 thousand m3/year
Carbon Intensity:0.619 tons/million yen in FY2024.

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Installed self-consumption solar power generation systems at MITSUMI Cebu plant, achieving 100% renewable energy use.
  • Initiated a 154 MW solar power generation business in Thailand and a 50 MW solar power generation business in Cambodia.
  • 90% of net sales from Green Products in FY2024.

Social Achievements

  • Launched three selective training programs (NLP, FLP, HLP) for next-generation leaders.
  • Implemented the Samurai Project for talent development in manufacturing, sales, and technology.
  • Employee engagement score of 60%.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050.
  • Achieve net sales of 2.5 trillion yen and operating income of 250 billion yen by FY2029.
Medium-term Goals:
  • Reduce greenhouse gas emissions (Scopes 1 and 2) by 42% compared to FY2023 by FY2031.
  • Reduce Scope 3 Category 11 emissions by 25% compared to FY2023 by FY2031.
  • Achieve 90% or more net sales of Green Products by FY2029.
  • Achieve an operating margin of 10% or more for motors by FY2027.
  • Achieve an operating margin of 30% for analog semiconductors by FY2029.
  • Achieve an operating margin of 25% or more for PT by increasing sales of high value-added products.
Short-term Goals:
  • Reduce greenhouse gas emissions per unit sales by 10% compared to FY2020 by FY2026.
  • Increase the proportion of female managers to 8.0% by March 31, 2029.

Environmental Challenges

  • Low operating margin (5.2%).
  • Supply chain instability due to geopolitical risks and natural disasters.
  • Securing talent due to a declining workforce.
  • Technological obsolescence.
  • Rise of low-cost competitors.
  • Climate change related risks (extreme weather, carbon regulations).
Mitigation Strategies
  • Implementing various earnings improvement measures, including automation and cost-cutting.
  • Developing BCPs and implementing training drills.
  • Promoting multi-sourcing and global production framework.
  • Investing in R&D and technological innovation.
  • Differentiating through high-quality, high value-added products.
  • Promoting renewable energy adoption, carbon emission reduction, and MMI Beyond Zero initiative.
  • Strengthening risk management framework and BCPs.

Supply Chain Management

Supplier Audits: Survey of 567 main suppliers (87% of purchase amount).

Responsible Procurement
  • MinebeaMitsumi Group CSR Procurement Guidelines.
  • CSR Procurement Self-assessment Checklist.
  • Human rights pledges from suppliers.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (flooding, typhoons)
  • Water scarcity
Transition Risks
  • Carbon taxes
  • Emissions trading
  • Green electricity purchase requirements
Opportunities
  • Increased demand for energy-saving products.
  • Expansion of EV market.

Reporting Standards

Frameworks Used: GRI, TCFD

Certifications: ISO 45001, ISO 22301 (at some Thailand plants)

Sustainable Products & Innovation

  • Wing Handles
  • SALIOT (Smart Adjustable Light for IoT)

Awards & Recognition

  • CDP Climate Change A- (2023)
  • CDP Water Security A (2023)
  • myonic GmbH recognized as one of Germany’s Best Employers in 2024

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:550,000 t-CO2 (target for fiscal year ending March 2031)
Scope 3 Emissions:28,937,000 t-CO2 (Category 11: use of sold products)
Renewable Energy Share:100% (MITSUMI Cebu plant)
Total Energy Consumption:12,806 MWh/year (MITSUMI Cebu plant solar power generation)

ESG Focus Areas

  • Decarbonization
  • Reduction of environmental burden
  • Carbon neutrality
  • Minimizing the environmental impact of business activities
  • Responsible mineral sourcing
  • CSR procurement
  • Coexistence with local communities
  • Human rights
  • Corporate governance

Environmental Achievements

  • Achieved 90.0% Green Products in sales by fiscal year ending March 2024
  • Installed large-scale solar power generation system at MITSUMI Cebu plant (7.9 MW-dc), achieving 100% renewable energy use.
  • Started supplying renewable energy to five offices and plants in Japan using self-consignment systems.
  • Signed a Memorandum of Understanding on a solar power generation project with the Ministry of Mines and Energy of Cambodia (50 MW solar power generation project planned).

Social Achievements

  • Opened X TECH MUSEUM to educate future engineers and manufacturing leaders.
  • Zero incidents involving serious violation of laws and regulations in the past three years.
  • Implemented measures to prevent forced labor and child labor, including age verification and penalties for violations.
  • Provided compliance training for all employees of procurement and logistics divisions in Japan.
  • Received human rights pledges from 177 new suppliers.

Governance Achievements

  • Complies with each principle of the Corporate Governance Code.
  • Established a new executive compensation system linked to mid- to long-term performance.
  • Established “Shareholder Ownership Guidelines for Directors” to improve corporate value.
  • Conducted annual evaluation of the effectiveness of the Board of Directors using a questionnaire survey.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050.
Medium-term Goals:
  • Achieve 30% renewable energy utilization rate in Thailand and 100% in Cambodia by fiscal year ending March 2026.
  • Increase the ratio of MinebeaMitsumi Green Products to over 90% of sales by fiscal year ending March 2029.
Short-term Goals:
  • Reduce greenhouse gas emissions in Scopes 1 and 2 by 42% and in Scope 3 Category 11 by 25% by fiscal year ending March 2031 (compared to fiscal year ending March 2023).

Environmental Challenges

  • Potential for river flooding near sites in Thailand, Cambodia, and China, leading to repair costs and lost sales.
  • Increased energy and greenhouse gas emission costs due to carbon taxes, emissions trading, and green electricity purchase requirements.
  • Need for costly technological development and R&D expenses to meet low-carbon needs.
  • Potential for supply chain disruptions and suspension of internal operations due to intensification of extreme weather events.
  • Economic sanctions and export control regulations strengthening globally.
Mitigation Strategies
  • Reviewing Business Continuity Plan (BCP) and establishing more disaster-resistant production systems.
  • Establishing multiple supply chains to respond to disasters more quickly.
  • Investigating risk mitigation efforts of suppliers.
  • Considering global modal shifts for logistics and promoting production closer to consumption markets.
  • Promoting ESG engagement with parts suppliers.
  • Promoting energy-saving investments and increasing renewable energy procurement to reduce CO2 emissions.
  • Incorporating increased energy costs into financial planning and improving production efficiency.
  • Promoting procurement of renewable electricity and increasing self-generated renewable energy.
  • Promoting advanced R&D and technological development.
  • Creating a system to calculate CO2 emissions reduction contribution and carbon footprint of products.
  • Formulating business continuity plans (BCPs) and conducting drills at major bases.
  • Establishing the “Group Company Policy on Economic Security” and the “Economic Security Risk Management Manual” to manage economic security risks.
  • Establishing a “Transaction Appropriateness Subcommittee” to determine the appropriateness of transactions.

Supply Chain Management

Supplier Audits: Survey of 567 main suppliers (87% of purchase amount)

Responsible Procurement
  • MinebeaMitsumi Group CSR Procurement Guidelines
  • Human rights pledges from suppliers
  • Conflict Minerals Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Intensification of extreme weather events (flooding, typhoons, high tides)
  • Water-related risks (floods, droughts)
Transition Risks
  • Introduction of carbon taxes, emissions trading, and national carbon emission targets
Opportunities
  • Increased demand for energy-saving products
  • Expansion of market using energy-saving technology

Reporting Standards

Frameworks Used: Science Based Targets (SBT), TCFD

Certifications: ISO 45001 (major plants in Thailand, China, Philippines, Cambodia), TLS 8001 (Thailand), ISO 22301 (Bang Pa-in, Lop Buri, Rojana, Navanakorn, Ayutthaya, and Ban Wa Plants in Thailand)

Sustainable Products & Innovation

  • High-performance fan motor bearings
  • Ultra-high performance bearings