- Global economic turmoil, including US-China tensions and conflicts in Ukraine and the Middle East.
- Softening demand for BEVs in Western markets.
- Shift to electric vehicles posing a risk to the business.
- Low PBR (below 1 for the last ten years) due to low return on capital and uncertainty about the future of the business.
- Excessive production capacity leading to higher fixed costs and lower total asset turnover.
- Lack of a clear plan for developing new mainstay products to replace those for internal combustion engine vehicles.
EXEDY Corporation
Greenhouse gas emissions & sustainability report data
In its 2022-04 to 2023-03 reporting, EXEDY Corporation disclosed greenhouse gas emissions of 203.6K t-CO2 (FY2022). By scope: Scope 1: 33.5K t-CO2 (FY2022); Scope 2: 170.2K t-CO2 (FY2022); Scope 3: 1.5M t-CO2 (FY2022). 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
203.6K t-CO2 (FY2022)
2022-04 to 2023-03
Renewable Energy
0.39% (FY2022)
of total energy
Water Usage
2.4M m3 (FY2022)
2022-04 to 2023-03
Waste
15.8K tons (FY2022)
2022-04 to 2023-03
📊 Emissions by Scope (2022-04 to 2023-03)
| 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). | 33.5K t-CO2 (FY2022) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 170.2K t-CO2 (FY2022) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.5M t-CO2 (FY2022) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved a 19.6% reduction in CO2 emissions compared to FY2019 by promoting energy-saving activities and introducing renewable energy.
- Obtained independent third-party assurance for GHG emissions in February 2024.
- Established a new production line for HEV damper products in June 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 10% by 2025 (implied)
- Increase percentage of sales of products contributing to decarbonization to 6% in FY2024, 6% in FY2025
📅 Medium-term
- Reduce Net GHG emissions by 26.5% in FY2024, 29.75% in FY2025
- Increase ratio of R&D expenses for new product development to 57% in FY2024, 61% in FY2025
- Increase employee satisfaction rate to 50% in FY2024, 52% in FY2025
- Increase human resource development (training hours/person/year) to 24.3 hours in FY2024, 28.3 hours in FY2025
- Increase percentage of female employees in management positions to 4.2% in FY2024, 4.9% in FY2025
🔭 Long-term
- Achieve carbon neutrality by FY2050
- Increase ratio of R&D expenses for new product development to 70% by FY2030, 90% by FY2050
- Increase percentage of sales of products contributing to decarbonization to 83% by FY2030
🌱 ESG Focus Areas
Prevention of Global WarmingRespect for human rightsEnvironmental ComplianceSustainable ProcurementCreating a Company That Employees Are Happy to WorkPromotion of Diversity and InclusionSafety and HealthGovernanceCompliance