- Sluggish Chinese market and continued demand adjustment phase for electronics-related devices.
- Large inventory levels.
- Strengthening handling of large-lot projects.
- Establishment of an efficient production system that forecasts demand trends.
- High volatility of performance due to dependence on the electronics industry.
- Underperformance of TSR compared to TOPIX and the Machinery Index.
- Low P/B ratio.
- Securing human resources due to a declining workforce.
Nippon Thompson Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023-04-01 to 2024-03-31 reporting, Nippon Thompson Co., Ltd. disclosed greenhouse gas emissions of 27.3K t-CO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
27.3K t-CO2e/year
2023-04-01 to 2024-03-31
Water Usage
144.0K kg/year
2023-04-01 to 2024-03-31
Waste
2.4K tons/year
2023-04-01 to 2024-03-31
Energy Use
49.9K MWh/year
2023-04-01 to 2024-03-31
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-04-01 to 2024-03-31 | 27.3K t-CO2e/year |
| 2022-04-01 to 2023-03-31 | 32.1K t-CO2e/year |
| 2021-04 to 2022-03 | 35.6K t-CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions by approximately 14.6% (27,277t-CO2) from the previous year due to production cutbacks and renewable energy initiatives.
- Reduced electricity consumption by 19.1% to 49,942 MWh from the previous year.
- Became the first company in the domestic bearing industry to conclude a virtual PPA, sourcing 100% of electricity used at sales offices in Japan by renewable energy.
- Implemented an on-site PPA for solar power generation at the Gifu factory complex.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce greenhouse gas (Scope 1 and 2) emissions by 42% or above from the base year.
- Reduce greenhouse gas (Scope 3 Category 1) emissions by 25% or above from the base year.
- Achieve operating profit of 9 billion yen or above and ROE of 8% or above on average for three years from FY2025 to FY2027.
- Increase the number of female managers to five times the number in FY2022 by FY2031.
- Increase the rate of male employees taking childcare leave to 85% by FY2031.
🔭 Long-term
- Achieve carbon neutrality in all of Scope 1, 2, and 3 by FY2051.
- Net sales of 100 billion yen or above, operating profit of 15 billion yen or above, ROE of 10% or above, and market capitalization of 100 billion yen or above by FY2031.
- Achieve a P/B ratio of 1 or higher.
🌱 ESG Focus Areas
Climate ChangeRecyclingProduct Quality and SafetySupply Chain ManagementHuman ResourcesCorporate Governance