Introduction

Sustainability Targets and ProgressMaterial issues

Productivity improvement
Improvement of productivity
using control technology

Pursuit and realization of safety,ANSHIN, and well-being

Areas for action

Contribute to improving the productivity andefficiency of our customers and society around theworld by providing the IDEC Group’s long-cultivatedcontrol technology, products, and system solutions.

Develop products that meet newcustomer needs and strengthen
our ability to propose solutions tocustomer issues

Realize the optimum environment for both humansand machines to resolve societal issues to create safeand comfortable environment and achieve healthy,happy, and vigorous lives.

Provide products and services
that achieve customer safety,
ANSHIN and well-being

Improve safety, productivity, and well-being
through technology development, human resource
development, management, and rulemaking.

Promote development of
eco-friendly products

Climate change
Response to climate change

Reduce CO2 emissions through the in-house use ofrenewable energy.

Reduce environmental impact
at our business sites

Solution ratio to sales

10.4%

13.0%

12%

CAGR in Safety & Explosion Protection Business(during the past five years)

13.6%

6.5%

15%

Cumulative attendees of safety & explosion
protection seminars (Japan)

Increase 9.0% YoY

Increase 7.7% YoY

Increase 5% YoY

Number of cumulative employees holding safety
qualification*1

Increase 3.2% YoY

Increase 5.3% YoY

Increase 3% YoYFrequency rate of industrial accidents*2

0.58

0.65

0

Cumulative ratio of enhanced eco-friendly products
to total new products (Cumulative total since FY2020)

74.1%

73.5%

60% or higher

Reduction ratio of CO2 emissions (Scope1&2, vs. FY2020)

Decrease 5.5%Decrease 19.8%

Decrease 24%

8.2%

14.5%

18%

Decrease 7.7%

Increase 1.0%

Decrease 24%

Improvement in the scoresfor 21 out of all 26 items(as compared to FY2020)-

Improvement in the scoresfor 3 main issues*3(as compared to FY2023)

58.3%

100%

90%

Human rights and compliance training attendance rate
(Japan)

-

100%

100%

Number of items with below average scores in theBoard of Directors’ effectiveness assessment

18%

26%

20% or lessNumber of serious legal violations

000

Number of female managers* (including associates
in the position of leader with subordinates)

121515

JPY 66,000

JPY 59,000

JPY 70,000

Renewable energy utilization ratio
Reduction ratio of industrial wastes (vs. FY2020)

Ensure a thorough understanding of “The IDECWay” and stimulate the company by creating an
attractive work environment that gives employees asense of purpose.
Business foundation
Establishment of a management
structure that promotes value
creation, respect for human rights,
and development of a corporate
culture and human resources

Conduct business with the highest ethicalstandards, respect human rights both at ourcompany and in the value chain, and further
strengthen corporate governance and compliance.

Create a pleasant work
environment

Engagement score (Japan)
Ratio of males taking childcare leave*2

Respect for human rights
Improve managementtransparency
and effectiveness2Strengthen human capital to cultivate employees
who will be able to create new value and innovate.

Promote of decent work andincrease investment inhuman capital

Average per capital training costs*2

Targets achieved*1 Number of employees certified as Safety Assessors, Safety Basic Assessors, Robot Safety Assessors, or Safety Officers *2 IDEC unconsolidated*3 Main issues: (1) human resource development, (2) strengthening management abilities, and (3) improving the acceptability of the personnel system

22 IDEC Report 2024

Data andCompany Overview

FY2023-2025 targets

Foundation forValue Creation

FY2024 results

Business Strategy

FY2023 results

Initiatives for
Realization of Vision

Contribute to the reduction of the environmental
impact of customers and society through the use ofthe IDEC Group’s technologies and products.

Achieve safety, ANSHIN, andwell-being by fostering a cultureof safety

Sustainability KPIs

Value Creation Story

Safety, ANSHIN, and well-being

Vision for 2030

Message

Areas for action have been established in order to achieve our vision for 2030, and sustainability KPIs have been selected for each area.
We also plan to set new short-term and medium-term targets in the future.
Material issues and some of the sustainability KPIs are linked to the medium-term management plan.