YUSHIN has identified the following five materiality issues of the YUSHIN Group in order to realize a sustainable society and increase corporate value in the medium to long term. In identifying these issues, YUSHIN listed candidates for materiality from the perspective of stakeholders and our group-wide management. Members selected from the Board of Directors and departments discussed the candidates and identified those of particular importance by ranking them according to their level of importance.
By implementing measures to address the identified materiality, we will work to contribute to the creation of a sustainable society and environment and increase our corporate value.
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.
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Measures |
Targets/KPIs |
FY2023 Results |
FY2024 Results |
|---|
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Develop products with improved safety performance |
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Ensure ongoing health and safety committee efforts |
Zero fatalities and lost time injuries |
Lost time injuries: 1 |
Lost time injuries: 1 |
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Implement human rights policies and due diligence |
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Not implemented |
Not implemented (Guidelines sent to all targeted business partners in April 2024) |
Other measures:
Organize schools on occupational safety
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Why we think it is important
Because we can expect that by improving the productivity of our customers' factories, high value-added products will reach more people, thereby improving the standard of living (medical care and education) of people around the world.
Main measures:
- Develop and market high-speed, high-precision robots
- Incorporate productivity-enhancing features into products
- Promote the acquisition of patents
- Improve the maintenance service system
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.
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Measures |
Targets/KPIs |
FY2023 Results |
FY2024 Results |
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Develop products with improved environmental performance |
Build environmental features into all new products |
100% equipped |
100% equipped |
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Calculate and disclose GHG emissions |
- Scope 1,2 and 3 (Japan) - Scope 1 and 2 (overseas)
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- Scope 3 (Japan) - Scope 1 and 2 (overseas)
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Switch to renewable electricity |
100% transition to renewable electricity at business sites in Japan (target by FY2031) |
94% transitioned |
94% transitioned |
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Switch from gasoline vehicles to clean vehicles |
77% conversion of gasoline vehicles to clean vehicles at business sites in Japan (target by FY2031) |
23% converted |
36% converted |
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Identify climate change risks at our sites and in our supply chains and formulate BCPs |
Formulate a comprehensive BCP for extreme weather risks
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Reviewed BCP for extreme weather, and made it know to all employees |
Reviewed BCP for extreme weather, and made it know to all employees |
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Why we think it is important
Because people are the source of added value.
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Measures |
Targets/KPIs |
FY2023 Results |
FY2024 Results |
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Create a system for long-term employment in accordance with the respective life stages |
Male parental leave take-up rate of at least 20% (target by FY2025) |
40% used
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72.7% used |
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Create a good work environment |
Annual paid leave take-up rate of at least 60% |
61.7% used |
64.7% used |
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Keep everyone informed about the human rights policy. Implement human rights DD |
Provide human rights training |
Implemented once (topics: business and human rights) |
Implemented twice (topics: business and human rights, and “business and human rights” from SDGs perspective) |
Other measures:
- Create a culture and environment that makes innovation happen
- Provide the following training
- Encouraging male employees to take parental leave
- Harassment prevention
- Life planning
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Why we think it is important
Because loss of stakeholder trust threatens business operations. Penalties for non-compliance, loss of brand equity, and data leakage due to security failures also threaten business operations.
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Measures |
Targets/KPIs |
FY2023 Results |
FY2024 Results |
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Increase the ratio of External Directors on the Board of Directors to at least 1/3 |
At least 1/3 of the Board of Directors consists of External Directors |
Achieved
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Achieved |
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Establish the Nomination and Remuneration Committee (chaired by an external director) |
The ratio of External Directors in the Nomination and Remuneration Committee is 2/3 or more |
Achieved
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Achieved |
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Ensure effectiveness of the Board of Directors |
Evaluate effectiveness through questionnaires and improve based on the results. |
Evaluated and improved
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Evaluated and improved |
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Establish a whistle-blowing system |
The number of reported cases |
0 |
0 |
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Provide compliance training to employees |
The number of compliance trainings (internal and supply chain) |
Implemented twice (topics: insider trading prevention, whistle-blowing system) |
Implemented twice (topics: "business and human rights" from the SDGs, the subcontract act) |
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Improve data security |
The number of trainings on information security and IT literacy improvement |
Implemented once |
Implemented twice |
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