Basic Policy on Sustainability

As a member of society and as a company engaged in business activities in various regions worldwide, the Yamazen Group aims to be an entity that is widely trusted, respected and supported by society. We will contribute to the realization of a sustainable society by actively implementing initiatives to achieve SDGs based on international frameworks. Recognizing the impact of our business activities on the environment and society and contributing to the resolution of social issues through business activities based on our management philosophy, we aim to realize a sustainable society and the sustainable growth of the Yamazen Group.

1. Human Rights

We will support and respect the protection of internationally proclaimed human rights, and we will not be complicit in human rights abuses.

2. Labor

We support good faith dialogue and consultation, the elimination of all forms of forced and compulsory labor, the effective abolition of child labor, and the elimination of discrimination in respect of employment and occupation.

3. Environment

We support a precautionary approach to environmental challenges, take the initiative in assuming greater environmental liabilities, and encourage the development and dissemination of environmentally friendly technologies.

4. Anti-Corruption

We will work to prevent corruption in all forms, including forbearance and bribery.

Systems for Promoting Sustainability

Yamazen has established the Sustainability Management Meeting to further strengthen management-level initiatives for material issues related to sustainability through its business activities. The Sustainability Management Meeting is chaired by the representative director and president, and includes representative directors and corporate officers. It evaluates risks and opportunities related to the Company’s material issues; formulates action plans; deliberates on matters related to verification, approval, and information disclosure spanning the initiatives of each business division; and regularly reports to the Board of Directors.

Material Issues for Realizing Our Corporate Vision for 2030

To understand our customers’ needs, we envisioned what the world would be like for them in 2030 to help us identify five material issues we should address. By tacking these material issues, we aim to increase the value we provide to customers and realize our Corporate Vision for 2030 of “Leading worldwide manufacturing and enriched lives.”