Initiatives to Address Climate Change and Other External Environmental Issues That May Pose Management Risks and Offer Opportunities
We formulated the AIDA Environmental Policy in order to advance our environmental protection activities. In our Medium-Term Management Plan, the vision statement “As a leading company, AIDA will contribute to society by supporting efforts to protect the environment, reduce energy consumption, and develop new technologies” expresses our commitment to achieving further growth while reducing our environmental impact and developing products with superior environmental and energy-saving performance. To ensure business continuity and achieve sustainable growth, we will strive to understand the risks and opportunities associated with climate change and other environmental issues, and to disclose information based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
Indicators and Targets
Based on our environmental policy, we have set environmental targets that take into consideration laws, regulations, and other requirements as well as factors that can significantly affect the environment. We also strive to ensure compliance with laws and regulations, to improve our environmental protection efforts, and to develop environmentally friendly products.
Governance
Recognizing that protecting the earth’s environment is one of the most important goals shared by all mankind, as AIDA ENGINEERING, LTD. rises to the challenge of attaining “a harmony between people and technology” that creates a people-friendly environment as it pursues original technologies in the metalforming field, it will establish and implement a workplace environment where environmental protections will be
1 |
We will work to reduce our environmental footprint by continuously improving our environmental |
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management systems, and we will also promote environmental management activities by revising our |
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environmental-related targets and goals. |
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We will strive to protect the environment and strictly adhere to any other requirements stipulated by |
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2 |
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laws, regulations, and accepted practices. |
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In order to proactively prevent the destruction and pollution of the natural environment to the extent that |
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3 |
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it is technologically and economically feasible, we will promote the following and will strive to reduce |
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the burden being placed on the earth’s environment. |
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(1) |
Promote resource and energy conservation. |
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(2) |
Reduce waste products and promote recycling. |
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(3) |
Minimize the release of harmful substances. Additionally, move towards the use of substances that present |
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minimal harm. |
Environmental Objectives |
Targets for the Fiscal Year Ended March 31, 2022 |
Results for the Fiscal Year Ended March 31, 2022 |
Promote the recycling of |
● Emissions* target |
Sagamihara: 1,600 tons or less |
● Total emissions |
Sagamihara: 1,286 tons; target achieved |
waste materials and |
Hakusan: 110 tons or less |
Hakusan: 90 tons; target achieved |
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control waste generation |
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● Industrial waste recycling ratio |
Sagamihara: 86% or higher |
● Industrial waste recycling ratio |
Sagamihara: 90%; target achieved |
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(promote recycling and |
Hakusan: 85% or higher |
Hakusan: 65%; target not achieved |
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reuse) |
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● Total energy usage (crude oil equivalent) |
● Total energy usage (crude oil equivalent)* |
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Promote energy |
Sagamihara: 4,500 kL or below, Hakusan: 300 kL or below |
Sagamihara: 3,805 kL, Hakusan: 231 kL; target achieved |
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● CO2 emissions (unit conversion coefficient) |
● CO2 emissions |
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conservation |
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Sagamihara: 37 t-CO2/¥100 million (production volume) or lower |
Sagamihara: 28 t-CO2/¥100 million (production volume); target achieved |
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Hakusan: 12 t-CO2/¥100 million (net sales) or lower |
Hakusan: 16 t-CO2/¥100 million (net sales); target achieved |
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* Emissions: Total emissions of general waste and industrial waste * Sagamihara’s scope of analysis: Sagami Plant, Tsukui Plant, and Shimokuzawa Plant
incorporated into the engineering, manufactur- ing, and sales activities for its presses, automation equipment, and auxiliary equipment.
(4) |
Painstakingly manage buildings, equipment, and processes, etc., that could possibly have an adverse effect |
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on the environment. |
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(5) |
Implement oil leakage countermeasures (even in drop-size increments) to prevent water and soil contamination. |
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We will strive to ensure that all employees understand this Environmental Policy and have a heightened |
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4 |
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environmental awareness, and work towards the practical implementation of environmental improvements |
and protections. Moreover, we will also inform participating business partners of this Environmental Policy and ask for their understanding and cooperation in implementing environmental improvements and protections.
INPUT |
AIDA’s Business Flow |
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(The fiscal year ended March 31, 2022*) |
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Energy |
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R & D |
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Total energy inputs |
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(crude oil equivalent) |
4,036 |
kL |
|||||
Electricity |
14.23 |
million kWh |
OUTPUT
(The fiscal year ended March 31, 2022*)
Products |
|
Air emissions |
|
CO2 |
7,499 t-CO2 |
- Environmental Management Organization (Simplified Diagram)
Our Environmental Management Organization is led |
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Board of Directors |
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by the Company’s President and includes members |
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appointed by each department. This organization |
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Environmental Project |
Environmental Safety |
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advances efficient environmental protection activities |
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Director |
Department |
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throughout the Company. |
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General |
Sales |
Engineering |
Production |
Procurement |
Service |
Research & |
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Administration |
Development |
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Department |
Department |
Department |
Department |
Department |
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Department |
Department |
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Strategy
- Extreme weather events such as floods or natural disasters could disrupt our product manufacturing operations and our supply chain, which could impact our revenue and require major outlays to bring our manufacturing equipment back online.
Heavy oil |
0 |
kL |
Engineering |
|
Kerosene |
1 kL |
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City gas |
893 kNm3 |
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LPG |
2,782 |
m3 |
Procurement |
|
Gasoline |
0 kL |
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Diesel |
1 kL |
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Water |
||||
Manufacturing |
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Usage |
31 km3 |
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Raw materials |
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Steel materials |
9,262 |
t |
Shipping and transport |
|
Nonferrous metals |
304 t |
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Castings |
9,261 |
t |
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Forgings |
1,210 |
t |
Installation |
|
Paper |
26 t |
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Chemicals |
68 t |
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After-sales service |
||||
Exhaust gases (NOx) |
2,999 kg |
|
Exhaust gases (SOx) |
0 kg |
|
Exhaust gases (soot) |
32 kg |
|
Wastewater emissions |
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Discharge (total) |
28 km3 |
|
Waste |
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General waste |
131 t |
|
Industrial waste |
1,227 t |
|
Recycled amount |
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General waste |
64 t |
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Industrial waste |
1,085 t |
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- Stricter energy efficiency regulations that apply to our products and services could result in the loss of sales opportunities if our engineering and development responses were inadequate.
- Higher taxes stemming from the introduction of environmental and carbon taxes and the resulting higher product costs could impact revenue.
- Alternative materials required for the electrification and weight reduction of automobiles could increase our R&D expenses related to these alternative materials, which could affect profitability.
- Revised assessments of the Company due to its attitude toward climate change, etc. could lead to a decrease in corporate value.
- The introduction of energy-saving equipment and more efficient usage of energy in production activities could lead to cost reductions and improve product competitiveness.
- As we continue to develop product technologies in response to the electrification and weight reduction of automobiles, it could lead to the development of highly competitive products that deliver better energy efficiency and productivity, which would enhance our product competitiveness.
- Our ability to respond quickly to natural disasters and other calamities (by bringing machines back online and delivering consumables) using our robust service system could enhance our service response and improve trust, which could lead to more sales opportunities.
Risk Management
To address risks related to management strategies, the involved departments are analyzing the risks and reviewing countermeasures, and such items are discussed as necessary in Board of Directors meetings and Management Council meetings. We have identified climate change as one of the most critical risks for the entire company, and we plan to develop countermeasures and disclose information about physical risks and transitional risks related to laws, regulations, and markets, etc., as necessary.
- Environmental impact of AIDA production processes for the fiscal year ended March 31, 2022 (all figures after decimal points are rounded) Scope of analysis: AIDA ENGINEERING, LTD. (Sagami Plant, Tsukui Plant, Shimokuzawa Plant, and Hakusan Plant)
TOPICS
AIDA’s Initiatives for Carbon Neutrality
[Initiative Policy] We regard environmental measures such as decarbonization, energy conservation, and resource conservation as major business opportunities, and we will aim to be carbon-neutral by 2050 and will strive to solve ESG issues and improve corporate value.
Initiatives |
Status of Initiatives |
Utilization of |
∙ AIDA head office completed the transition to carbon-neutral LNG in 2021 (Target: Reduce annual CO2 emissions by approximately |
2,000 tons) |
|
renewable energy |
Continued review of the adoption of renewable energy sources |
sources, etc. |
∙ In regard to initiatives relating to wind power generation, we began researching power generation-related businesses, focusing on the |
usage of our motors and inverters that leverage the energy management technologies developed for our servo motors and other products. |
Promotion of energy ∙ We began reviewing the reorganization of our domestic offices in conjunction with the reconstruction of our aging headquarter factories
conservation at Aim for zero emissions at company buildings through the introduction of renewable energy and energy-saving equipment, etc. factories
Develop and sell |
∙ We will leverage our press technologies to continue to develop products that reduce CO2 |
emissions in conjunction with Scope 3 |
environmentally |
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emissions-related business activities. |
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friendly products |
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31 |
AIDA ENGINEERING, LTD. |
2022 Annual Integrated Report |
32 |
Disclaimer
Aida Engineering Ltd. published this content on 07 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2022 03:31:07 UTC.
Publicnow 2022
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Technical analysis trends AIDA ENGINEERING, LTD.
Short Term | Mid-Term | Long Term | |
Trends | Neutral | Bearish | Bearish |
Income Statement Evolution
Sell ![]() Buy |
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Mean consensus | BUY |
Number of Analysts | 1 |
Last Close Price | 847,00 JPY |
Average target price | 1 100,00 JPY |
Spread / Average Target | 29,9% |
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