YUSHIN Group’s Materiality

Materiality Identification Process

   We have identified five materiality issues for our Group to realize a sustainable society and increase corporate value over the medium to long term. In identifying these issues, we listed candidates for materiality from the viewpoints of stakeholders and our Group-wide management. Members of the Board of Directors and the members selected from each departments discussed the candidates and identified those that were of particular importance by mapping them according to their level of importance.
   From now on, we will work to contribute to the creation of a sustainable society and environment and enhance our corporate value by achieving the goals and KPIs of the key actions for the identified materiality.

 

Main measures, Goals/KPIs, and Results/Evaluations for Materiality

Promoting occupational Safety

Why we think it is important

Because occupational safety is an important factor for us as a manufacturer of production equipment, and it leads to fundamental respect for human rights.

Main measures Goals and KPIs FY2024 results and evaluations
Develop products with enhanced safety performance Equip all new products with safety features Equipped rate: 100%
Number of designers or design-related personnel who have obtained a Safety Assessor (or equivalent) qualification 3 more safety assessors
(as of the end of March 2024: 56)
Provide customers with trainings for occupational safety Number of training participants Internal target not achieved
Continuous efforts of the Health and Safety Committee Zero fatalities and zero lost-time injuries Lost-time injury: 1 person
Thoroughly Implement YUSHIN Group Human Rights Policy and implement human rights due diligence - Send procurement guidelines and questionnaires to all target suppliers (target for FY2024)
- All target business partners understand our human rights policy (target for FY2027)		 Not achieved
(In April 2024, the guidelines were sent to all target companies)
(In July 2024, questionnaires were sent to all target companies)

Related SDGs:

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Improving customer factory productivity

Why we think it is important

Because productivity improvement can bring high-value-added products to people and the products can improve living standards of people around the world including healthcare and education.

Main measures Goals and KPIs FY2024 results and evaluations
Sell high-speed and high-precision robots Increase the number of orders Internal target not achieved
Equip with functions to improve productivity Equip all new products with productivity improvement functions Equipped rate: 100%
Enhance maintenance and services Shorten response times for service calls Internal target achieved

Related SDGs:

Tackling climate change

Why we think it is important

Because climate change is a major problem that threatens the living environment for many people around the world. Corporations should address the problems as members of the world.

Main measures Goals and KPIs FY2024 results and evaluations
Develop products with improved environmental performance Equipped all new products with environmental features Equipped rate: 100%
Calculate and disclose GHG emissions Calculation and disclosure of GHG emissions for Scope 1 and 2 (Japan and overseas) and Scope 3 (Japan) - Scope 1 and 2 (Japan) data disclosed
- Began calculating data for Scope 1 and 2 (overseas) and Scope 3 (Japan)
Scope 1 and 2 (Japan) GHG emissions to be reduced by 70% compared to FY2021 levels (target for FY2031) Reduction rate: 59.1%
Switch the electricity used at our company’s offices to renewable energy Switch to 100% renewable energy at offices in Japan (target for FY2031) Switching rate: 93.8%
Switch from gasoline-powered vehicles to environmentally friendly vehicles 77% of gasoline-powered vehicles at offices in Japan to be replaced with eco-friendly vehicles (target for FY2031) Switching rate: 36.0%
Identify climate change risks at company sites and the supply chain and formulate BCPs Formulating a BCP to deal with extreme weather Reviewed extreme weather BCPs and communicated them internally

Related SDGs:

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Strengthening human capital

Why we think it is important

Because the source of added value is people.

Main measures Goals and KPIs FY2024 results and evaluations
Thoroughly Implement YUSHIN Group Human Rights Policy and implement human rights due diligence Implementing Human Rights Training Held twice
(theme: Business and Human Rights, Considering Business and Human Rights from the SDGs)
Create a culture and environment conducive to innovation 　ー 　ー
Create a system that allows people to work continuously throughout their life stages Male employees taking childcare leave: 20% or more (target for 2024) Acquisition rate: 72.7%
Create a good working environment Annual paid leave acquisition rate of 60% or higher Acquisition rate: 64.7%
Provide effective training 　ー 　ー
Instill the corporate identity (CI) Implementation of programs to promote the penetration and practice of corporate philosophy Participation rate: 97.7%

Related SDGs:

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Strengthening corporate Governance

Why we think it is important

Because lack of trust of stakeholders make business operations difficult. Penalties associated with compliance violations, decline in brand value, and data leaks due to security failures also can be threats against the operations.

Main measures Goals and KPIs FY2024 results and evaluations
Enhancement of the functions of the Board of Directors Ratio of External Directors on the Board of Directors: 1/3 or more Achieved
Maintaining the effectiveness of the Nomination and Remuneration Committee Ratio of External Directors on the Nomination and Remuneration Committee: 2/3 or more
(chaired by an External Director)		 Achieved
Evaluate the effectiveness of the Board of Directors Evaluation of effectiveness and improvements based on questionnaires Evaluated
Make employees attend compliance training Number of compliance training sessions Held twice
(theme: Considering Business and Human Rights from the SDGs, the Subcontracting Law)
Improve data security Number of training sessions on information security and improving IT literacy Held twice

Related SDGs:

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