The Group has identified key issues (materialities) to be addressed as priorities through our business activities in response to issues facing us and society.Based on efforts aimed at these material issues, we will be contributing to the realization of a sustainable society and aim to improve corporate value.
The materiality identification process
In identifying materialities, we conducted examination primarily through the Sustainability Promotion Preparation Office (managed by the Chief Executive Officer and Chairman of the Board), the predecessor of the current Sustainability Committee. We first identified and organized targets of the SDGs, associating these with social issues that should be addressed by the Group's businesses. We next evaluated and classified the importance of each identified issue, created materiality suggestions based on the results, and held discussions within the Sustainability Promotion Preparation Office to identify the materialities.
Since then, the Sustainability Committee, reorganized from the Sustainability Promotion Preparation Office, has led examination, planning, and progress management for measures aimed at solving issues.
Identification process
- 1. Organization of social issues
- Identify issues to be addressed while associating targets of the SDGs with the Group's businesses
- 2. Prioritization
- Classify identified tasks by importance
- 3. Formulation of materiality suggestions
- Create materiality suggestions with a focus on social issues of high importance
- 4. Identification of materialities
- Hold discussions within the Sustainability Promotion Preparation Office under the jurisdiction of the Chief Executive Officer and Chairman of the Board and identify materialities
- 5. Formulation of KPIs
- Formulate KPIs for each materiality, primarily through working groups under the Sustainability Committee (reorganized from the Sustainability Promotion Preparation Office
Four Material Issues
Long-Term Goal
Realization of a society without traffic accidents through safe driving support, utilizing advanced mobility technologies
- Contribute to technology improvement for autonomous driving and driving support products
- Contribute to technology improvement of products with advanced technology that reduces accident factors
- Contribute to the improvement of sensing technology and AI technology products in infrastructure
Expand sales of high value-added products that respond to the evolution of mobility
Revenue
FYE March 31, 2022
31 billion yen
FYE March 31, 2026
32.5billion yen
Development of an appropriate medical environment
- Contribute to improving accessibility to medical care
- Contribute to the evolution of medical diagnosis and medical testing equipment, and contribute to improving people's QOL, including preventive care
- Contribute to the evolution of medical treatment equipment and improve people's QOL with new treatment technologies
Expand sales of products for medical diagnostic and testing equipment, etc.
Revenue
FYE March 31, 2024
8.4billion yen
FYE March 31, 2026
12.2billion yen
Relevant SDGs
Long-Term Goal
Contribution to the spread of clean energy
- Promotion of rework and recycling businesses
- Contribution to reducing environmental impact
Epand sales of commercial products for environmentally friendly vehicles and clean energy (solar power, offshore wind power, etc.) facilities
Revenue
FYE March 31, 2022
3.7billion yen
FYE March 31, 2026
16billion yen
Promotion of rework and recycling businesses
Contribution to reducing environmental impact
- Promote reuse by developing rework and recycling businesses
- Contribute to reducing environmental impact by delivering environmentally friendly parts such as packaging materials and new refrigerants
Expand sales of environmentally friendly products
Revenue
FYE March 31, 2022
2.7billion yen
FYE March 31, 2026
5.5billion yen
Relevant SDGs
Long-Term Goal
Provision of opportunities for all employees to demonstrate their abilities
- Review of employment systems
- Promotion of health and productivity management
- Full renewal of personnel systems, etc.
Human Resources Strategy
Expansion of training systems
Promotion of D&I (diversity & inclusion)
Relevant SDGs
Long-Term Goal
Strengthening of the functions of the Board of Directors and enforcement of compliance
- Review of evaluations of effectiveness of the Board of Directors
- Enhancement of the ratio of External Member of the Board
- Appointment of female officers, etc.
- Establishment of a specialized department in charge of compliance promotion
Relevant SDGs