- Stagnation of the Chinese economy (impact on exports).
- Influx of imported stainless steel into the Japanese market.
- Chronic labor shortages.
- Difficulty in passing skills on to younger generations.
Nippon Yakin Kogyo Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Nippon Yakin Kogyo Co., Ltd. disclosed greenhouse gas emissions of 310.0K tCO2e/year (non-consolidated). 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
310.0K tCO2e/year (non-consolidated)
2023-04 to 2024-03
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 310.0K tCO2e/year (non-consolidated) |
| 2022-04 to 2023-03 | 390.0K tCO2e/year (non-consolidated) 423000 tCO2e/year (consolidated) |
| 2021-04 to 2022-03 | 411.0K tCO2e (non-consolidated); 443000 tCO2e (consolidated) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Increased use of recycled materials from "urban mines" to 58.7% in FY2024.
- Achieved a 47% reduction in per-unit CO2 emissions at Oheyama Plant compared to FY2014.
- Announced energy conversion of rotary kiln at Oheyama Plant (coal→LNG), scheduled for completion in July 2025.
- Full-scale operation of a high-precision, high-performance slitter line at Kawasaki Plant, improving productivity by around 60%.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve 50% sales ratio of high-performance alloys by FY2026.
- Reduce CO2 emissions by 60% compared to FY2014 by FY2026.
- Complete transition from coal to LNG as energy source for rotary kiln at Oheyama Plant by July 2025.
📅 Medium-term
- Achieve net assets of 100 billion yen or more by FY2031.
- Achieve a total return ratio of 35% or more by FY2031.
- Reduce per-unit emissions at Oheyama Plant by 70% by FY2031 compared to FY2014.
🌱 ESG Focus Areas
Provision of Socially Useful ProductsReduction of Global Environmental Impact Through Business ActivitiesAchievement of Safe and Stable ProductionCreation of Workplaces Where All Employees Can Work with Equality and SatisfactionEstablishment of Sustainable PartnershipsAdvancement of Corporate Foundation for Adaptation to the Social Environment