- Intensifying price competition due to a decline in product superiority
- Heightened interest from foreign manufacturers to enter the market as domestic defense budgets rise
- Increasing opportunities for the entry of new technologies and manufacturers, such as AI, that are not aligned with traditional business models
- Stagnant customer demand related to the uncertainty of the Chinese market
- Rising material costs due to currency fluctuations and increased labor costs
- Decreased handling of cash, bankbooks, cash cards, slips, and other paper documents
- Reduction in physical handling tasks in the back offices of stores
- Continued market contraction due to the maturation of the printer and business communication markets
- Rising costs associated with compliance due to stricter regulations in such areas as the environment, security, and human rights
Oki Electric Industry Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Oki Electric Industry Co., Ltd. disclosed greenhouse gas emissions of 59.9K tCO2e/year. By scope: Scope 1: 8.1K tCO2e/year; Scope 2: 51.8K tCO2e/year; Scope 3: 1.5M tCO2e/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
59.9K tCO2e/year
2023-04 to 2024-03
Renewable Energy
10.4%
of total energy
Water Usage
1.6M m3/year
2023-04 to 2024-03
Waste
12.4K tons/year
2023-04 to 2024-03
Energy Use
354.0K MWh/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 8.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 51.8K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.5M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 23.7% reduction in CO2 emissions at business sites (compared to FY2020)
- Recycling rate of 86% for factory waste
- Environmentally contributing product net sales ratio of 39%
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 0.2% (compared to the previous fiscal year)
📅 Medium-term
- 42% CO2 emissions reduction at OKI sites (compared to FY2020)
- 25% CO2 emissions reduction at suppliers and from the use of products (compared to FY2020)
- Environmentally contributing product net sales ratio of 50%
- Female management ratio of 5% or higher (OKI, by April 2026)
- 70% positive response rate on the “job satisfaction” item in awareness surveys (OKI Group, Japan)
🔭 Long-term
- Net-zero CO2 emissions across the entire value chain, including at OKI sites by 2050
🌱 ESG Focus Areas
Providing products and services that help solve social issuesReducing environmental impact through business activitiesTransforming into a corporate culture that continuously creates valueStrengthening management foundation to support sustainable growth