Sustainability Promotion Structure
The Tokyo Seimitsu Group strives to enhance its corporate value while playing an active role aimed at realizing a sustainable society by forming WIN-WIN relationships with all shareholders, including customers, shareholders, suppliers, employees, local communities, and the international community, through our business activities based on our Corporate Philosophy “Growing together with partners and customers by collaborating technology, knowledge, and information to create the world’s No.1 products,” which we put into practice. The “Basic Sustainability Policy” was designed to see that this is carried out.
Basic Sustainability Policy
1.
Efforts to address environmental issues
Throughout the entire value chain, including the life cycle of the products we provide, we will contribute to the realization of society that values people and the global environment by working to reduce CO₂ emissions, reduce waste and promote reuse, and protect the global environment, including biodiversity.
2.
Earning the trust of society
We strictly comply with all laws and regulations and conduct business activities in a sincere and fair way to ensure fair competition, stable provision of safe and high-quality products and services that meet customer needs, and appropriate disclosure of product and corporate information, among other things. We also ensure thorough management and protection of the information assets of customers and all other stakeholders involved in our business activities, to earn a high degree of trust from society.
3.
Respect for human rights
We respect the human rights of all stakeholders, including socially vulnerable people, without regard for the attributes of individuals such as gender and nationality. We promote the creation of safe, healthy, and rewarding workplaces where each member of a diverse workforce can demonstrate their capabilities to the utmost.
4.
Human resource development
Employees are the core assets of the Tokyo Seimitsu Group. In order for the Company to create the world’s No. 1 products with its employees, it is necessary for each employee to perform to the best of their strengths as professionals. It is also essential that employees recognize and accept the diverse values of diverse human resources and grow together by bringing the best out of one another. Tokyo Seimitsu offers a suite of in-house programs, including training courses to help employees grow, and creates a work environment that is rewarding to a diverse workforce.
5.
Participation in and contribution to local communities
While contributing to society through our business activities, we are also committed to social contribution activities to address the issues and needs of local communities as part of our effort as a corporate citizen to build healthy and sustainable society. By doing so, we promote the revitalization of local communities and the improvement of the living environment.
6.
Building and running a fair, transparent, and efficient corporate governance system
We consider corporate governance a key management issue for respecting shareholders’ rights, ensuring fairness and transparency in management, and realizing our corporate philosophy. To this end, we implement a quick, appropriate decision-making process and strengthen our supervisory function. We also take initiatives to enhance our corporate governance continuously to increase our corporate value on a medium-and long-term basis and maintain the soundness of our management.
Promotion Structure
The Tokyo Seimitsu Group established the Sustainability Committee, which is chaired by the Chairman and CEO, under the Board of Directors to oversee all of our sustainability activities. The Sustainability Committee is linked with six expert committees, the Human Resources Department, and each Plant General Affairs Department. In addition, beneath the Sustainability Committee, we have established four teams to handle important issues. Subcommittees are established by the Committee Chairman when there are urgent issues that need to be addressed.
Sustainability Promotion Structure (as of March 31, 2024)
• The name of the subcommittee “TCFD Response Project” was changed to “Climate Change Response Working Group” in August 2023.
• The “Technology” standing team was integrated into the “Climate Change Response Working Group”
• The “Supply Chain” standing team and the business site-based “Supply Chain Promotion Subcommittee” were integrated into the “Supply Chain Working Group” in July 2023.
Sustainability Committee
Committee Chairman
Chairman and CEO
Vice-Chairman
President and COO, Executive Vice President and CFO, and Head of Metrology Company
Committee members
Director
【Semiconductor Company】
General Manager of Production, Plant Manager, General Manager of Technology Div., General Manager of Sales Div., General Manager of General Affairs Dept., Person responsible for environmental management, General Manager of Production Control Dept., General Manager of Quality Assurance Dept., and General Manager of Service Div.
【Metrology Company】
Plant Manager, General Manager of Technology Div., General Manager of Sales Div., General Manager of General Affairs Dept., Person responsible for environmental management, General Manager of Production Control Dept., General Manager of Quality Assurance Dept., and General Manager of Metrology Business Promotion Dept.
【Administration Company】
General Manager of Environmental Green Initiative Team, General Manager of IT Dept., General Manager of Human Resources Dept., General Manager of General Affairs Dept., General Manager of Public Relations Dept., and General Manager of Legal Affairs Dept.
【Group Companies】
Tosei Engineering Corp., Tosei Box Corp., Tosei Systems Co., Ltd., and Accretech Powertro System Co., Ltd.
Frequency of meetings
Twice a year
Functions
Formulates basic policies, establishes an operational structure, and sets targets/indicators, reports and provides recommendations during each Executive Officers, Meeting and Board of Directors, Meeting, and monitors implementation of policies/collects various types of information
PDCA Cycle Utilized by Teams for Responding to Important Issues and Subcommittees
PDCA Cycle for Sustainability Activities
Each year, the Sustainability Committee comprehensively assesses “objectives, organizations, systems, risks, and opportunities” and incorporates specific activities and goals into a plan (PLAN step of the cycle), which is approved by the Board of Directors and then implemented (DO step of the cycle) by the subcommittees and four teams for responding to important issues. The results associated with each theme addressed are discussed (CHECK step of the cycle) at regular progress management meetings, and continuous improvements as well as plan reviews (ACTION step of the cycle) are repeated as necessary to improve initiatives so that they can be more effective. The results are reported to the Board of Directors.
Description of Activities/Topics Addressed in FY2023
Third Meeting of the Sustainability Committee
(held on April 24, 2023)
1.
Reporting and evaluation related to materiality
• FY2022 results/activities
• FY2023 targets/activities
2.
Promotion of information disclosure
• Planning/creation of Sustainability Report 2023
• Planning/creation of Integrated Report 2023
3.
Strengthening of sustainability activities
• Establishment of Supply Chain Working Group
4.
Current status and improvement of external evaluation
• ESG evaluation indexes
• Feedback from IR activities
Fourth Meeting of the Sustainability Committee
(held on October 30, 2023)
1.
Interim reporting and evaluation related to materiality
• Subcommittee activities (refer to “FY2023 Subcommittees”)
• Activities of teams for responding to important issues Progress of energy-saving measures (included electricity, water, and paper use)
Status of support efforts for the career development of female employees and the employment of persons with disabilities
Engagement survey analysis/evaluation
2.
Status of information disclosure within the Group
• Creation/publishing of Sustainability Report 2023
• Creation/publishing of Integrated Report 2023
• Redesign of the company website and updating of the website’s sustainability section
3.
Strengthening of sustainability activities
• Establishment of Climate Change Response Working Group
• Human rights and supply chain related activities/plans
4.
Current status and improvement of external evaluation
• ESG evaluation indexes
• CDP (Carbon Disclosure Project) responses
• Feedback from IR activities
FY2023 Subcommittees
Climate Change Response Working Group
Leaders
Managing executive officers
Members
Semiconductor Company and Metrology Company :
Manufacturing Dept., Quality Assurance Dept., Sales Div., Technology Div., Service Div. (of the Semiconductor Company), General Affairs Dept., Production Control Dept., and Metrology Business Development Div. (of the Metrology Company)
Administration Company :
Management Support Dept. and Sustainability Dept.
Period active
2023 to the present
FY2023 results
Governance :
Appointed officers in charge of climate change initiatives
Risk management :
Revised risk management regulations and examined local environmental laws and regulations at overseas subsidiaries
Strategy and Goals :
Sorted out issues for achieving carbon neutrality and considered calculations for Scope 3 Category 1*¹ and 11*² emissions
Information disclosure :
Responded to CDP questionnaire
*¹ CO₂ emissions associated with purchased products and services
*² CO₂ emissions associated with the use products sold
Human Rights Activity Project
Leaders
Team Leader of Human Resources Dept.
Members
Semiconductor Company and Metrology Company :
Production Control Dept. and General Affairs Dept.
Administration Company :
Human Resources Dept. and Management Support Dept.
Period active
2022–2024
FY2023 results
Implementation and analysis of human rights due diligence being carried out at Tokyo Seimitsu and 29 domestic/overseas Group companies, participation in briefing for suppliers (Theme : Information on the Tokyo Seimitsu Group Human Rights Policy and Due Diligence), implementation of human rights due diligence related to suppliers (survey of 125 suppliers with a 90.4% response rate), development of human rights due diligence procedures, and planning/implementation of human rights education
Supply Chain Working Group
Leaders
General Manager of Sustainability Dept.
Members
Semiconductor Company and Metrology Company :
Production Control Dept., Quality Assurance Dept., Technology Div., and Sales Div.
Administration Company :
Sustainability Dept. (Supply Chain Team/Environmental Green Initiative Team), Legal Affairs Dept., and IT Dept.
Period active
2023 to the present
FY2023 results
Promoted sustainable procurement :
Held sustainability briefings, conducted supplier CSR surveys, carried out human rights due diligence, and reviewed/revised basic transaction contract related documents based on the concept of sustainability
Increased engagement :
Held supplier briefings (in Hachioji and Furudono) and planed/designed interactive communication tools
Working Group for Information Disclosure
Leaders
General Manager of Sustainability Dept.
Members
Administration Company :
Public Relations Dept., Sustainability Dept., and Management Support Dept.
Period active
2022 to the present
FY2023 results
Published Integrated Report and Sustainability Report
Updated the sustainability section of the company’s website
Non-financial information management
Held dialogues with ESG evaluation organizations and improved evaluations
Teams for Responding to Important Issues (Standing Teams)
Beneath the Sustainability Committee, we have established four teams (Environment, Quality, Health and Safety, and Human Capital) to handle important issues. The teams focus on priority initiatives in line with sustainability themes, and their members consist of leaders and personnel from the Administration Company, Semiconductor Company, Metrology Company, and subsidiaries of Tokyo Seimitsu Co., Ltd.
Environment・Society・Governance
