- Prolonged inventory adjustments among main customers
- Reduction in stay-at-home demand following COVID-19
- Sluggish global economic growth due to COVID-19
- Decreased demand in the car electronics market due to difficulties in material sourcing such as semiconductor shortages
- Immaturity of millimeter-wave 5G and wearable markets
- Intensified price competition in the car electronics market in China
- Inventory adjustments by main customers (tablets)
- Downturn in Japanese smartphone manufacturers
- Increased costs due to geopolitical issues such as the Ukraine crisis and U.S.-China trade tensions (material and logistics costs)
- Currency fluctuations (yen depreciations)
SMK Corporation
Greenhouse gas emissions & sustainability report data
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.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022-04 to 2023-03 | 24.0K t-CO₂e |
| 2012-04 to 2013-03 | 31.9K t-CO2e |
| 2011-04 to 2012-03 | 31.0K t-CO2 |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Promotion of the transition to renewable energy
- Reduction of total CO2 emissions
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce total CO2 emissions by 24% by FY2026
- Reduce total CO2 emissions by 40% by FY2030
- Achieve 60.0 billion yen Net Sales by FY2026
- Achieve 2.10 billion yen Operating Profit by FY2026
- Achieve 3.5% Operating Profit Margin by FY2026
🔭 Long-term
- Achieve carbon neutrality in FY2045
- 150.0 billion yen Net Sales by FY2035
- 10.0% Operating Profit Margin by FY2035
- 10.0% ROE by FY2035
🌱 ESG Focus Areas
Carbon neutralityHuman capital strengtheningCorporate governance enhancement