Nissin Electric Group’s Materiality in Promoting the SDGs

Our SDGs policy is guided by the Nissin Electric Group corporate philosophy, which stresses “through corporate activities that support the foundations of society and industry, the Nissin Electric Group will harmonize with the environment and contribute toward realizing a vibrant society.” In order to achieve this corporate philosophy, in April 2019 we reevaluated our Corporate Behavior Charter to include the prominent social issues of “taking action on global environmental problems,” “respect for human rights and diversity,” and “thorough risk management.” Group materiality is guided by the addition to the Corporate Behavior Charter of the “situation after undergoing significant change” that we are determined to achieve by 2050 and which is part of VISION2025.

Materiality consists of two elements: “products and services that create value” and “actions to strengthen the business foundation.” In “products and services that create value,” the six growth strategies set in VISION2025 aim to contribute to solving global environmental problems such as reducing greenhouse gas emissions and social issues as “contribute to technological innovation through eco-friendly and earth-friendly products” and “contribute to global environmental problems.” “Actions to strengthen the business foundation” refers to our efforts to strengthen Group business sustainability by “reform of fair corporate activities that respect human rights,” “reform into a safe and worker-friendly workplace that respects diversity,” and “improving BCP with stronger risk response capabilities.”

We have specified KPIs for the main activities behind each of these materiality factors, and we will move them forward by monitoring their progress and disclosing appropriate information both inside and outside the company.

Materiality of Products and Services that Create Value

Contribute to Technological Innovation Through Eco-friendly and Earth-friendly Products

Contribute to building a foundation for technological innovation and achieving sustained growth by providing high-quality products that are safe and friendly for people and the environment.

Ratings ○: target achieved,
△: target unachieved (better than previous year),
×: target unachieved

Measures KPI (upper field) and performance and rating for FY2024 (lower field) Target SDGs

GLOBAL

Six growth strategies contribute to solving social issues
Achieve a six growth strategies sales ratio of 40% by FY2025
8.1
Performance for FY2024 Rating
38%
Six Growth Strategies Main Activities Contribute to Solving Social Issues Related SDGs
Expansion of environmentally friendly products
Develop and introduce to market SF6 gas-free, environmentally friendly electron beam processing systems Reduce SF6 gas emissions (in-house, product users)
13.1
S Develop and introduce to market SF6 gas-free, environmentally friendly market equipment (gas insulated switchgears, etc.)
Response to distributed energy
Distributed energy resource control system uses energy efficiently and expands renewable energy and energy conservation Reduce CO2 emissions (product users)
7.2, 7.3
13.1
Response to renewable energy
Promote renewable energy as a main power source through electrical power grid stabilization system and area aggregation system
Expand the introduction of wind power by providing safe and reliable wind power generation package systems (grid connection equipment)
Adoption of DX to products and business
Implement smart maintenance utilizing AI and IoT to improve safety, reliability, and BCP capability of social infrastructure Achieve robust social infrastructure
9.4
Provide communication services linked to the community using easy-to-operate ICT devices Achieve an elderly-friendly society
11.3
12.8
Identifying demand resulting from increasing environmental awareness in emerging countries
Business growth in the core ASEAN industry of manufacturing Sustained economic growth in developing countries
8.1
Develop and introduce to market environmentally responsive products that meet local needs Improve the environment and living standards in the ASEAN region
3.9
6.3
14.1
15.1
Expand business in step with the growth of EV market
Expand DLC for eco-friendly cars Reduce CO2 emissions (product users)
7.3
13.1
Expand sales of ion implanter for SiC power semiconductor
Measures

GLOBAL

Six growth strategies contribute to solving social issues
KPI (upper field) and performance and rating for FY2024 (lower field)
Achieve a six growth strategies sales ratio of 40% by FY2025
Performance for FY2024 Rating
38%
Target SDGs
8.1

Expansion of environmentally friendly products

Main Activities Develop and introduce to market SF6 gas-free, environmentally friendly electron beam processing systems
S Develop and introduce to market SF6 gas-free, environmentally friendly market equipment (gas insulated switchgears, etc.)
Contribute to Solving Social Issues Reduce SF6 gas emissions (in-house, product users)
Related SDGs
13.1

Response to distributed energy

Main Activities S Distributed energy resource control system uses energy efficiently and expands renewable energy and energy conservation
Contribute to Solving Social Issues Reduce CO2 emissions (product users)
Related SDGs
7.2, 7.3
13.1

Response to renewable energy

Main Activities S Promote renewable energy as a main power source through electrical power grid stabilization system and area aggregation system
Expand the introduction of wind power by providing safe and reliable wind power generation package systems (grid connection equipment)
Contribute to Solving Social Issues Reduce CO2 emissions (product users)
Related SDGs
7.2, 7.3
13.1

Adoption of DX to products and business

Main Activities S Implement smart maintenance utilizing AI and IoT to improve safety, reliability, and BCP capability of social infrastructure
Contribute to Solving Social Issues Achieve robust social infrastructure
Related SDGs
9.4
Main Activities Provide communication services linked to the community using easy-to-operate ICT devices
Contribute to Solving Social Issues Achieve an elderly-friendly society
Related SDGs
11.3
12.8

Identifying demand resulting from increasing environmental awareness in emerging countries

Main Activities Business growth in the core ASEAN industry of manufacturing
Contribute to Solving Social Issues Sustained economic growth in developing countries
Related SDGs
8.1
Main Activities Develop and introduce to market environmentally responsive products that meet local needs
Contribute to Solving Social Issues Improve the environment and living standards in the ASEAN region
Related SDGs
3.9
6.3
14.1
15.1

Expand business in step with the growth of EV market

Main Activities Expand DLC for eco-friendly cars
Expand sales of ion implanter for SiC power semiconductor
Contribute to Solving Social Issues Reduce CO2 emissions (product users)
Related SDGs
7.3
13.1

Power Supply and Environment System Business(SSPSS)

Beam and Plasma Business

Equipment and Parts Solution Business

Contribute to Global Environmental Problems

We are contributing to preventing global warming and making every effort to avoid a climate crisis by working energetically to prevent environmental pollution and use resources efficiently.

Ratings ○: target achieved,
△: target unachieved (better than previous year),
×: target unachieved

Measures KPI (upper field) and performance and rating for FY2024 (lower field) Target SDGs

GLOBAL

Reduce greenhouse gas emissions (SBTi certification reduction plan)
Scope1+2: Reduce 35% compared with FY2018 by FY2030
Scope3 : Reduce 30% compared with FY2018 by FY2030
13.1
Performance for FY2024 Rating
Scope1+2: Reduce 40.3%
Scope3 : Reduce 24.6%

GLOBAL

Promote resource conservation and reduce and reuse waste materials
Reduce waste volume per unit by 70% compared with FY2018 by FY2025
Reduce water consumption per unit by 25% compared with FY2018 by FY2025
12.5
Performance for FY2024 Rating
Volume of waste : Reduce 65.8%
Water consumption : Reduce 28.7%

GLOBAL

Prevent environmental pollution due to chemical substance discharge, leaks, and the like
Reduce volatile organic compound (VOC) emissions per unit by 42% compared with FY2018 by FY2025
3.9
12.4
Performance for FY2024 Rating
Reduce 40.9%
Measures

GLOBAL

Reduce greenhouse gas emissions (SBTi certification reduction plan)
KPI (upper field) and performance and rating for FY2024 (lower field)
Scope1+2: Reduce 35% compared with FY2018 by FY2030
Scope3 : Reduce 30% compared with FY2018 by FY2030
Performance for FY2024 Rating
Scope1+2: Reduce 40.3%
Scope3 : Reduce 24.6%

Target SDGs
13.1
Measures

GLOBAL

Promote resource conservation and reduce and reuse waste materials
KPI (upper field) and performance and rating for FY2024 (lower field)
Reduce waste volume per unit by 70% compared with FY2018 by FY2025
Reduce water consumption per unit by 25% compared with FY2018 by FY2025
Performance for FY2024 Rating

Volume of waste:
Reduce 65.8%

Water consumption:
Reduce 28.7%





Target SDGs
12.5
Measures

GLOBAL

Prevent environmental pollution due to chemical substance discharge, leaks, and the like
KPI (upper field) and performance and rating for FY2024 (lower field)
Reduce volatile organic compound (VOC) emissions per unit by 42% compared with FY2018 by FY2025
Performance for FY2024 Rating
Reduce 40.9%
Target SDGs
3.9
12.4
  • Scope1: Direct emissions from in-house fuel combustion and manufacturing processes
  • Scope2: Indirect emissions produced by electricity and heat purchased by the Group
  • Scope3: Indirect emissions not included in Scope 1 and Scope 2 (raw materials procurement, product use, employee commuting, etc.)

Materiality of Actions to Strengthen the Business Foundation

Reform of Fair Corporate Activities That Respect Human Rights

Our corporate activities worldwide strive to build an equal society that respect the human rights of every person, that observe national laws, including international law, and that respect cultures and values.

Ratings ○: target achieved,
△: target unachieved (better than previous year),
×: target unachieved

Measures KPI (upper field) and performance and rating for FY2024 (lower field) Target SDGs

GLOBAL

Thorough global compliance
Periodically and continuously conduct effective training at every Group company site in Japan and overseas, strive for thorough compliance, and keep occurrence of major violations (antitrust and competition law violations, violations accompanying suspension of business procedures) at zero
16.3, 16.5
Performance for FY2024 Rating
Serious violation: Zero
Training provided to

officers:
Compliance training
all employees:
E-learning(code of conduct, conflict of interest,information protection)
major overseas subsidiaries*:
Compliance training
* Thailand, Vietnam, China and Taiwan

GLOBAL

Apply a thorough human rights policy within the Group (apply human rights due diligence*)
Build a mechanism capable of periodic self-assessment of the risk of human rights violations and establish the practice of human rights due diligence
8.7, 8.8
10.2
Performance for FY2024 Rating
  • Corrective measures for the issue identified in the FY2022 survey were completed (the issue of immigrant workers at overseas group companies)
  • The FY2024 survey items have not been completed
Measures

GLOBAL

Thorough global compliance
KPI (upper field) and performance and rating for FY2024 (lower field)
Periodically and continuously conduct effective training at every Group company site in Japan and overseas, strive for thorough compliance, and keep occurrence of major violations (antitrust and competition law violations, violations accompanying suspension of business procedures) at zero
Performance for FY2024 Rating
Serious violation: Zero
Training provided to

officers:
Compliance training
all employees:
E-learning
(code of conduct, conflict of interest,information protection)
major overseas subsidiaries*:
Compliance training
* Thailand, Vietnam, China and
 Taiwan

Target SDGs
16.3, 16.5
Measures

GLOBAL

Apply a thorough human rights policy within the Group (apply human rights due diligence*)
KPI (upper field) and performance and rating for FY2024 (lower field)
Build a mechanism capable of periodic self-assessment of the risk of human rights violations and establish the practice of human rights due diligence
Performance for FY2024 Rating
  • Corrective measures for the issue identified in the FY2022 survey were completed (the issue of immigrant workers at overseas group companies)
  • The FY2024 survey items have not been completed
Target SDGs
8.7, 8.8
10.2
  • Human rights due diligence: the ongoing process of companies to implement appropriate measures to prevent and address the risk of adverse impacts on human rights

Reform into a Worker-Friendly Workplace That Respects Diversity

We will build a workplace environment in which each individual’s characteristics, personality, and potential are respected and everyone, as a main actor, can fully display their abilities regardless of differences in nationality and gender and the existence of disabilities.

Ratings ○: target achieved,
△: target unachieved (better than previous year),
×: target unachieved

Measures KPI (upper field) and performance and rating for FY2024 (lower field) Target SDGs
Promote diversity & inclusion Regardless of differences in nationality and gender and the existence of disabilities, support the potential and growth of every person and build a workplace culture in which everyone thrives
・FY2030 Rate of female managers (Domestic): over 10%
Rate of female new graduate hires (Domestic)
for administrative: over 40%
for technical roles: over 15%
5.5
Performance for FY2024 Rating
Rate of female managers (Domestic) : 4.9%

Rate of female new graduate hires (Domestic)*

for administrative: 52.4%
for technical roles: 6.7%

*Joined the company in April 2025




×

Safe and healthy workplace ■Safety targets GLOBAL
・FY2025 Workplace accidents:
Domestic: 1 or fewer / Overseas: 2 or fewer
Zero serious accidents and residual disability accidents
3.6
8.8
Performance for FY2024 Rating
Workplace accidents: Domestic: 3 / Overseas: 3
Zero serious accidents and residual disability accidents

■Health targets
The Nissin Electric Group has issued a declaration stating its commitment to a workplace where every employee can work in conditions that safeguard their physical and mental health
3.4
Performance for FY2024 Rating
Measures were implemented for raising the health awareness of employees.
  • Influenza: In-house vaccination continued
  • Health guidance and follow-up examinations for individuals undergoing periodic health checkups (tests are conducted at the head office)
A worker-friendly and fulfilling workplace In an environment that enables everyone to safely express their opinion, respects diversity, and encourages taking on challenges, create a workplace (workplace that contributes to well-being) where individuals can feel their self-growth and their contribution to the company and society through their work and aim to enhance the degree of employee satisfaction
8.5
Performance for FY2024 Rating
Improvement of welfare benefits
  • Housing policy was revised
  • Employee cafeteria was renovated (Head office, Maebashi Works, Kujo Works)
  • Gymnasium was renovated (Nissin Arena)
  • Cultural and sports activities were reorganized
Promotion of internal communication
  • Lunch meetings involving management and employees were held (total of 20 sessions, 111 participants)
Promoting Smart Factory
  • Focus on worker-friendly factories that produce safe and high-quality products
  • In FY2022, establish objective evaluation methods and set performance targets
  • Aim for a highly productive plant that eliminates overburden, waste, and unevenness through production innovation enabled by DX efforts and other means
8.2
9.4
13.1
Performance for FY2024 Rating
Smart factory level evaluations were conducted against the FY2025 targets.
FY2024 achievement level: 83%
Subjects: Domestic factories under the Power Supply and Environment System Business Unit
Measures
Promote diversity & inclusion
KPI (upper field) and performance and rating for FY2024 (lower field)
Regardless of differences in nationality and gender and the existence of disabilities, support the potential and growth of every person and build a workplace culture in which everyone thrives

・FY2030
Rate of female managers (Domestic)

over 10%

Rate of female new graduate hires (Domestic)

for administrative roles over 40%
for technical roles over 15%

Performance for FY2024 Rating

Rate of female managers (Domestic)

4.9%

Rate of female new graduate hires (Domestic)*

for administrative: 52.4%
for technical roles: 6.7%

*Joined the company in April 2025






×
Target SDGs
5.5
Measures
Safe and healthy workplace
KPI (upper field) and performance and rating for FY2024 (lower field)
■Safety targets GLOBAL
・FY2025
Workplace accidents:
Domestic: 1 or fewer / Overseas: 2 or fewer
Zero serious accidents and residual disability accidents
Performance for FY2024 Rating
Workplace accidents:
Domestic: 3 / Overseas: 3
Zero serious accidents and residual disability accidents




Target SDGs
3.6
8.8
■Health targets
The Nissin Electric Group has issued a declaration stating its commitment to a workplace where every employee can work in conditions that safeguard their physical and mental health
Performance for FY2024 Rating
Measures were implemented for raising the health awareness of employees.
  • Influenza: In-house vaccination continued
  • Health guidance and follow-up examinations for individuals undergoing periodic health checkups (tests are conducted at the head office)
Target SDGs
3.4
Measures
A worker-friendly and fulfilling workplace
KPI (upper field) and performance and rating for FY2024 (lower field)
In an environment that enables everyone to safely express their opinion, respects diversity, and encourages taking on challenges, create a workplace (workplace that contributes to well-being) where individuals can feel their self-growth and their contribution to the company and society through their work and aim to enhance the degree of employee satisfaction
Performance for FY2024 Rating
Improvement of welfare benefits
  • Housing policy was revised
  • Employee cafeteria was renovated (Head office, Maebashi Works, Kujo Works)
  • Gymnasium was renovated (Nissin Arena)
  • Cultural and sports activities were reorganized
Promotion of internal communication
  • Lunch meetings involving management and employees were held (total of 20 sessions, 111 participants)
Target SDGs
8.5
Measures
Promoting Smart Factory
KPI (upper field) and performance and rating for FY2024 (lower field)
  • Focus on worker-friendly factories that produce safe and high-quality products
  • In FY2022, establish objective evaluation methods and set performance targets
  • Aim for a highly productive plant that eliminates overburden, waste, and unevenness through production innovation enabled by DX efforts and other means
Performance for FY2024 Rating
Smart factory level evaluations were conducted against the FY2025 targets.
FY2024 achievement level: 83%
Subjects: Domestic factories under the Power Supply and Environment System Business Unit
Target SDGs
8.2
9.4
13.1

Improve BCP with Stronger Risk Response Capabilities

Ensure that we endure for the next 100 years by maintaining supply chains even when sudden risks―including natural disasters and conflict―occur.

Ratings ○: target achieved,
△: target unachieved (better than previous year),
×: target unachieved

Measures KPI (upper field) and performance and rating for FY2024 (lower field) Target SDGs
Strengthen sustainability of entire supply chain

GLOBAL

Strengthen partner sustainability
  • In order to strengthen partner sustainability, through FY2025, for partners who account for 90% of the acceptance amount for all production bases*, perform compliance surveys in accordance with CSR Procurement Guidelines, and then analyze the results and give guidance for improvements
  • Build a partner CSR objective (quantitative) evaluation framework by FY2030 that can identify partners that are high risk
10.2
12.4, 12.5
17.16
Performance for FY2024 Rating
Surveys were conducted as per the CSR Procurement Guidelines.
Domestic: 2 bases / Overseas: 3 bases
Strengthen Group risk response capability
  • Build a natural disaster rapid recovery support framework for our customers
13.1
Performance for FY2024 Rating
  • BCP simulation training was conducted
  • Efforts continued to develop infrastructure for fire and disaster prevention
  • We cooperated in Sumitomo Electric's risk management activities
Measures
Strengthen sustainability of entire supply chain

GLOBAL

Strengthen partner sustainability
KPI (upper field) and performance and rating for FY2024 (lower field)
  • In order to strengthen partner sustainability, through FY2025, for partners who account for 90% of the acceptance amount for all production bases*, perform compliance surveys in accordance with CSR Procurement Guidelines, and then analyze the results and give guidance for improvements
  • Build a partner CSR objective (quantitative) evaluation framework by FY2030 that can identify partners that are high risk
Performance for FY2024 Rating
Surveys were conducted as per the CSR Procurement Guidelines.
Domestic: 2 bases / Overseas: 3 bases
Target SDGs
10.2
12.4, 12.5
17.16
Measures
Strengthen sustainability of entire supply chain
Strengthen Group risk response capability
KPI (upper field) and performance and rating for FY2024 (lower field)
  • Build a natural disaster rapid recovery support framework for our customers
Performance for FY2024 Rating
  • BCP simulation training was conducted
  • Efforts continued to develop infrastructure for fire and disaster prevention
  • We cooperated in Sumitomo Electric's risk management activities
Target SDGs
13.1
  • Overseas, includes main partners that are subject to this policy