YUSHIN PRECISION EQUIPMENT CO., LTD.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03

In its 2023-04 to 2024-03 reporting, YUSHIN PRECISION EQUIPMENT CO., LTD. disclosed greenhouse gas emissions of 1.1K t-CO2 (Japan Scope 1 & 2). By scope: Scope 1: 493 t-CO2 (Japan); Scope 2: 638 t-CO2 (Japan). 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
1.1K t-CO2 (Japan Scope 1 & 2)
2023-04 to 2024-03
⚡
Renewable Energy
93.8% (offices in Japan)
of total energy
💧
Water Usage
5.4K m³ (HQ and factory)
2023-04 to 2024-03
⚙️
Energy Use
2.278 million kWh (non-consolidated)
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).493 t-CO2 (Japan)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.638 t-CO2 (Japan)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Increase rate of male employees taking childcare leave to 20% or more by 2024.

📅 Medium-term

  • Achieve consolidated Net sales of 30 billion yen, Ordinary profit ratio of 15% or more, and ROE of 8% or more by FY2027.
  • Reduce Scope 1 and 2 GHG emissions by 70% compared to FY2021 levels in Japan by FY2031.
  • Switch to 100% renewable energy at offices in Japan by FY2031.
  • Replace 77% of gasoline-powered vehicles at offices in Japan with eco-friendly vehicles by FY2031.

🌱 ESG Focus Areas

Promotion of occupational safetyProductivity improvement of the customers’ factoryTackling climate changeStrengthening human capitalStrengthening corporate governance

⚠️ Challenges & Risks +

  • Rising raw material prices.
  • Labor shortages in the manufacturing industry.
  • Uncertainty in the Asian market, particularly in China.
  • Low ROE (5.1% in FY2024).
  • Low PBR (around 0.7).

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: International Integrated Reporting Framework, Guidance for Collaborative Value Creation 2.0