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    6971   JP3249600002

KYOCERA CORPORATION

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KYOCERA Recognized on CDP's 'A List 2021' for Combating Climate Change, Second Consecutive Year

12/09/2021 | 07:49am EST

Kyocera Corporation (President: Hideo Tanimoto, hereafter 'Kyocera') today announced that it has been recognized among the world's leading companies in the fight against climate change, receiving an 'A' ranking in 'The A List 2021' from the international non-profit CDP, for the second consective year.

CDP has created a global disclosure system for business enterprises to monitor and reduce environmental impacts. Kyocera's leadership in environmental transparency and performance was highlighted with an 'A' grade among the more than 12,000 companies evaluated.

Each year, CDP scores companies with the goal of incentivizing improvements in three main areas: climate change, forest sustainability and water security. CDP helps guide companies toward becoming environmental leaders by reviewing their disclosures and grading firms from A to D-minus through its independent scoring methodology.

Kyocera Group companies are combating climate change as one of their most critical long-term priorities, setting 2030 targets for reducing greenhouse gas emissions and expanding renewable energy adoption. In response to recommendations from the FSB Task Force on Climate-related Financial Disclosures (TCFD), Kyocera is working to analyze risks and opportunities regarding climate impact, and promoting renewable energy deployment based on a scenario of average global temperatures rising by 1.5 degrees Celsius above pre-industrial levels.

The A List for combating climate change includes 200 companies worldwide. These enterprises are leading the trend to reduce environmental risks and build a more sustainable global economy that serves both people and our planet.

The Kyocera Group will continue its contributions to a sustainable, low-carbon society by pursuing new greenhouse gas reduction methods, wider deployment of renewable energy and additional innovations to combat climate change.

About CDP

Founded in 2000, CDP was the first platform to link environmental integrity and fiduciary duty. Now with the world's largest, most comprehensive dataset on environmental action, CDP runs the global environmental disclosure system in terms of risks and opportunities on climate change, water security and deforestation with its insights which empowers investors, companies, cities, and national and regional governments to make the right choices to build a thriving economy that works for people and planet in the long term.

(C) 2021 Electronic News Publishing, source ENP Newswire

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Analyst Recommendations on KYOCERA CORPORATION
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Financials
Sales 2022 1 761 B 15 473 M 15 473 M
Net income 2022 142 B 1 251 M 1 251 M
Net cash 2022 271 B 2 382 M 2 382 M
P/E ratio 2022 17,4x
Yield 2022 2,61%
Capitalization 2 454 B 21 549 M 21 567 M
EV / Sales 2022 1,24x
EV / Sales 2023 1,18x
Nbr of Employees 78 490
Free-Float -
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Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 6 838,00 JPY
Average target price 7 860,00 JPY
Spread / Average Target 14,9%
EPS Revisions
Managers and Directors
Hideo Tanimoto Director & Managing Executive Officer
Goro Yamaguchi Senior Executive Officer
Masahiro Inagaki Senior Executive Officer, General Manager-R&D
Shoichi Aoki Managing Executive Officer
Hiroto Mizobata Independent Outside Director
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