Shindengen Electric Manufacturing : CSR Report 2022

2022

CSR Report 2022｜Contents
Message from the President･ ･･････････	1	Governance
Company Outline･ ･･････････････････････････････････････････････････	2	Organizational Governance･ ･････････････････････････････････ 38
		Fair Operating Practices･････････････････････････････････････････ 39
Shindengen's CSR･･････････････････････････････････････	3
Initiatives for ESG Management･･･････････････････････････	4	Major Sustainability Data････････････････ 43
Initiatives for the SDGs･･････････････････････････････････････････	5
Environmental Sustainability Vision･ ･･････････････････	8	Third-Party Written Opinion･･････････ 44
Information Disclosure Based on	9
TCFD Recommendations･･････････････････････････････････････

Contributing to social themes by implementing

the corporate mission･ ･････････････････････････････････････････････ 13

Social

Supply Chain Management･･･････････････････････････････････ 17 Human Rights･ ････････････････････････････････････････････････････････ 19 Labor Practice･ ････････････････････････････････････････････････････････ 21 Consumer Issues･････････････････････････････････････････････････････ 26

Community Involvement and Development･･････ 28

Environment･ ･････････････････････････････････････････････････ 31

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CSR Report						Message from	the President		Company out
2022
					Environment		Governanc
Contents

Editorial Policy

The Shindengen Group CSR Report 2022 introduces the Shindengen Group's approach to corporate social responsibility (CSR) and its efforts to create a sustainable society for a wide range of stakeholders.

(Release date: October for the Japanese version, December for the English version)

Based on the recent trend of non-financial information disclosure, "Major Sustainability Data" has been added to the "Shindengen's CSR," "Social," "Environmental," and "Governance" contents of the CSR Report 2022 to make the disclosure of information easier to understand and more complete.

Reporting period	Reference Guidelines
This report focuses on the results of activities in FY 2021	・ISO 26000 -2010
(from April 1, 2021 to March 31, 2022).	・Environmental Reporting Guidelines 2012,
*We have listed some activities conducted on or after April 1, 2022.	Ministry of the Environment of Japan
Organizations covered in this report	・Environmental Accounting Guidelines 2005,
Ministry of the Environment of Japan
Shindengen Electric Manufacturing Co., Ltd., Shindengen Group

CSR Report						Message from the President		Company outline
2022
				Environment		Governance
Contents

Message from the President

Shindengen's CSR		Social
Major Sustainability Data		Third-Party Written Opinion

I am pleased to extend my greetings to readers of the Shindengen Group's CSR Report 2022. The Shindengen Group is promoting CSR activities through the practice of its management philosophy and the pursuit of its above-stated mission. Our brand logo is designed to represent the Group's value systems: effectively utilizing energy, considering the natural environment,

and contributing to the growth of business and society.

Right now, corporate roles and responsibilities are undergoing radical changes. Rapid technological advancement in such fields as IoT and AI is prompting the creation of new businesses aimed at meeting the needs of future generations, a trend that is pushing many corporations to shift their business models. Furthermore, amid a globalizing economic and social environment, they are having to step up their commitment to addressing ESG issues ranging from environmental preservation to human rights protection.

The Shindengen Group aims to realize its Long-Term Vision 2030: "A power electronicsYoshinori Suzuki, President company which creates environmentally friendly cutting-edge solutions via innovative

technologies, contributes to a sustainable society, and continues to be needed by all stakeholders." Under the 16th Medium Term Business Plan (FY 2022-2024), we will continue to shift toward a product portfolio that integrates business growth with sustainability as a foundation aimed at realizing our 2030 vision. In addition, to respond to the Sustainable Development Goals (SDGs) and other demands from the global community, we will continue working on our four SDG-related material issues while staying conscious of such ESG topics as decarbonization

in both the Group's business activities and supply chain.*

It is my hope that this CSR Report helps facilitate your understanding of the Shindengen Group's CSR activities, and I would greatly appreciate your feedback.

*Refer to the "Initiatives for the SDGs" section for information on how we contribute to the SDGs

Brand Logo

Management Philosophy

Together with society, our customers, and our employees

Our activities shall lead to the betterment of society

Our passion for quality shall foster customer trust

Our employees shall have opportunities to be engaged at all levels

Corporate Mission

Maximizing energy conversion efficiency for the benefit of humanity and society.

Our Promise

Listen closely, look ahead, and create future of value.

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CSR Report						Message from the President
2022
				Environment
Contents

Company Outline

Company outline

Governance

Shindengen's CSR		Social
Major Sustainability Data		Third-Party Written Opinion

Trade Name: Shindengen Electric Manufacturing Co., Ltd.
Consolidated Employees: As of March 31, 2022
Head Quarter: New-Ohtemachi Bldg., 2-1 Ohtemachi 2-chome,
Consolidated	5,268
Chiyoda-ku, Tokyo 100-0004, Japan
Independent	963
Established: August 16,1949
Capital: ¥17,823 million	Domestic consolidated subsidiaries	1,376
Consolidated Sales: ¥92,168 million	Overseas consolidated subsidiaries	2,929
(As of March 31, 2022)

Outline of Business Operations·Business Fields

Division

Electronic Device

Car Electronics

Energy Systems & Solutions

Other

Business Fields

	・Bridge diodes	・Motorcycle products	・Rectifiers for	・Rotary solenoids
	・High-speed rectifying	・Electric motorcycle	communication stations	・Push pull solenoids
	diodes	products	・Rectifiers for mobile	・Tubular solenoids
	・TVS diodes	・Four-wheel EV/HEV/	phone base stations	・Proportional solenoids
	・Thyristors	PHEV/FCV products	・Inverters for
	・SIDACs	・General-purpose engine	communication stations
	・Power MOSFETs	products	・Monitoring units
Products	・Power ICs		・EV/PHEV chargers
	・Power modules

Industrial Machiner	●			●
Environmental/Energy	●		●
Information/Communications			●
Mobility	●	●	●	●
Home Appliance	●
Generator		●

Global Network

Overseas offices

• Seoul office

Affiliated Companies (Overseas)

• Shindengen America, Inc.
• Shindengen Singapore Pte Ltd.
• Shindengen UK Ltd.
• Shindengen (H.K.) Co., Ltd.
• Shindengen (Shanghai) Electronic Co., Ltd.
• Shindengen (Thailand) Co., Ltd.
• PT. Shindengen Indonesia
• Shindengen Vietnam Co., Ltd.
• Guangzhou Shindengen Electronic Co., Ltd.
• Shindengen India Pvt. Ltd.
• Lumphun Shindengen Co., Ltd.
• Shindengen Philippines Corp.
• Shindengen Lao Co., Ltd.
• Napino Auto & Electronics Ltd.

• Head Office
• Sales, Research, and Development
• Sales
• Manufacturing
• Manufacturing and Sales
• Services

Japan offices

• Head Office
• Asaaka Office
• Osaka Branch
• Nagoya Branch
• Hamamatsu Office
• Utsunomiya Office

Affiliated Companies (Japan)

• Akita Shindengen Co., Ltd
• Higashine Shindengen Co., Ltd.
• Shindengen Three E Co., Ltd.
• Okabe Shindengen Co., Ltd.
• Shindengen Kumamoto Technoresearch Co., Ltd.
• Shindengen Enterprise Co., Ltd.
• Hermes Systems Inc.

●Shindengen Mechatronics Co., Ltd.

Please visit our website for details [Japan Office] https://www.shindengen.com/company/network/japan/ [Overseas Office] https://www.shindengen.com/company/network/global/

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CSR Report						Message from the President		Company outline
2022
				Environment		Governance
Contents

Shindengen's CSR Management

Shindengen's CSR		Social
Major Sustainability Data		Third-Party Written Opinion

The Shindengen Group's management philosophy is "Together with society, our customers, and our employees" and its mission is "Maximizing energy conversion efficiency for the benefit of humanity and society." By promoting business growth and CSR activities from an ESG perspective, we will strengthen our trusted relationships with stakeholders. At the same time, we will work to solve various issues slowing the achievement of decarbonization and help realize a sustainable society by reforming the core technologies we have cultivated to date and creating advanced future-oriented technologies.

Management Philosophy

Together with society, our customers, and our employees

• Our activities shall lead to the betterment of society
• Our passion for quality shall foster customer's trust
• Our employees shall have opportunities for physical and emotional enrichment

Corporate Mission

Maximizing energy conversion efficiency for the benefit of humanity and society.

Long-Term Vision 2030

A power electronics company which creates environmentally friendly cutting-edge solutions via innovative technologies, contributes to a sustainable society,

and continues to be needed by all stakeholders

Numerical Target for 2024

Net sales	Operating income
¥ 118billion	6.6％

The Shindengen Group's Basic CSR Policy

The Shindengen Group aims to realize its management philosophy by practicing its corporate mission and promoting CSR activities.

The Group is fulfilling its social responsibilities and building trust-based relationships with stakeholders as a global company by promoting social contribution activities and striving to be a sustainable corporate operator from an environmental, social, and governance (ESG) perspective.

CSR Medium-Term Policy

Meet the ESG needs of stakeholders and enhance sustainable corporate value creation

CSR implementation system

Board of	CSR
directors	committee

CSR implementation group		CSR Promotion Office (CSR committee secretariat)
Internal		Information	Purchasing	Administration	Intellectual		Legal
Audit		system	property
	Environment &	Quality	Human				Each Div. G
	Health	Finance		Planning
	Management	resource		ES Div.
	Management

Strengthening of cooperation

All committees, departments and group companies

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