01

04

Get to Know FURUNO

1 Governance Report

Basic Policy

02

For Future Growth03

Business Strategy

04

05

Governance, Social and Environmental Reports

Together with Society

06

Financial and Non-financial Data

Effectiveness of the Board of Directors

Dealing with the CG CodeFURUNO’s management basis is to continuously

To strengthen its corporate governance, FURUNO

improve corporate value to meet the expectations

believes it is necessary to improve its actualand trust of all stakeholders, pursuing legality,

aspects, and to continually make improvements toappropriateness, and efficiency in its

achieve its management strategy.

FURUNO conducts an annual evaluation of theeffectiveness of the Board of Directors to identify
issues and areas for improvement. In FY 2022,
FURUNO conducted a questionnaire survey of
directors and corporate auditors regarding theoperation and agenda of the management
committees and the evaluation of the management
secretariat for each management committee. The
overall evaluation was high, as in the previous year,

as the agenda was improved by reducing thenumber of regular reporting subjects, and because
the secretariat made improvements in the
management of the meetings. FURUNO also
recognizes that the effectiveness of the Board of
Directors has been ensured based on theconstructive discussions that take place at theBoard of Directors meetings.

management activities.

Effectiveness of audits by corporate auditors
Corporate Governance Structure

FURUNO has adopted a company-with-auditors
system, and corporate auditors conduct objective
and rational audits by attending Board of Directors

FURUNO has established a voluntary Nomination and Compensation Advisory Committee andmeetings and other important meetings, inspecting
important documents, visiting subsidiaries, andinterviewing directors and general managers.

Compliance Committee and is working to avoid risks and prevent misconduct by building anorganizational structure that allows governance to function. FURUNO is also strengthening its system byseparating management and execution, focusing on the decision-making and supervisory functions of theBoard of Directors.

Directors’ skills matrix
including two outside auditors. One of the fourinternal directors is a mid-career employee and has
experience working for other companies. The twooutside directors have experience as managers atother listed companies.

Effective March 1, 2021, FURUNO has decided toseparate management and execution. Management
is practiced by four full-time directors and twooutside directors, for a total of six directors, andmanagement oversight is ensured by three auditors,

Corporate Governance Structure (as of May 31, 2023)
General Meeting of Shareholders
ReportElection / Dismissal

Board of Directors
ReportElection /Dismissal

Report

Audit

Audit & Supervisory Board Audit

Election /Dismissal

Coordinate◎ Main Skills/Experience ○ Secondary Skills/Experience (up to 3 in total)

Agenda / ReportSupervision /Selection / Dismissal

ReportAudit

Coordinate

Audit

President and CEO
ReportResearch

ReportManagement
Meetings

management
Briefings

Each businessexecution division/
Group company

Audit

Investigation

36

Coordinate

Compliance
Committee

Coordinate

ReportReportReportBusiness Execution

Internal Audit
OfficeLegal Office
FURUNO Hotline

Coordinate

General Counsel

Risk
Management
Committee

Monitoring

ReportDecision
MakingFinance /Accounting

Compliance /Risk Management

Human
Resources○○

Yukio Furuno◎

Vice President
and Executive Officer and CMO

Muneyuki Koike○

Director
Managing Executive Officer and CTO

Shinji Ishihara

Director
Managing Executive Officer and CFO

Yutaka Wada○

External Director

Hideo Higuchi

◎

○

○

External Director

Shingo Kagawa

◎

○

○

President
and CEO

Senior Executive Officer

Kazuma Waimatsu

Senior Executive Officer

Satoshi Ohya

Position

Name

Audit & Supervisory Board Member

Shigenori Ametani

External Audit& Supervisory Board Member

Toru Muranaka

External Audit& Supervisory Board Member

Shogo Yamada

Sales /
Marketing

R&D /Industrial

Name

Company
Management

Position

Accounting Auditor

Nominating and Compensation
Advisory Committee

Internal
ControlCommittee

Skills matrix of directors, auditors, etc.

Inquiry

◎
○
◎

◎
○

Finance /Accounting

Compliance /Risk Management

◎

○
○

○

Sales /
MarketingInternational
Experience○◎

Company
Management

IT / DX○◎International
Experience
○

◎
○

◎

○

37

01

Get to Know FURUNO

Executives’ compensation

02

For Future Growth03

Business Strategy

04

Governance, Social and Environmental Reports

05

Together with Society

06

Financial and Non-financial Data

Compliance
The Compliance Committee, chaired by the president and including outside members (lawyers), has been
established, and the FURUNO Group Code of Conduct is our ethical standard.

Basic policy on directors’ remuneration
FURUNO’s basic policy is to link the remuneration of directors to shareholders’ profits so that it fully
functions as an incentive to sustainably increase corporate value, and to set the remuneration ofindividual directors at an appropriate level based on their respective positions and responsibilities.

Compliance education and awarenessTo raise compliance awareness, FURUNO conducts

available to employees at overseas locations for use

compliance education for executives and employees

in compliance education and other activities.

through various level-specific training programs,

Compensation Composition
Remuneration

Fixed

Directors
InsideOutside○○theme-specific training, and e-learning.
Opportunities are also provided for workplace study
Compensation Overview

Auditors○sessions where employees at each workplace freely
exchange opinions on compliance. In addition, in• Amount within framework approved at the Shareholders Meeting• Monthly remuneration based on position and responsibility

revising the Compliance Handbook, which is
distributed exclusively to FURUNO Group

Performancebased

○

×

×

Stock-based

○

×

×

• Based on KPI achievement to raise performance awareness• Calculation: 3% of net income (previous FY)• Based on level of responsibility, KPI achievement of division under control, etc.

produced. The English version of the handbook isCompliance Handbook in English• Share risks and benefits of stock price fluctuations with shareholders andimprove corporate value• Based on a percentage of total amount of previous year compensation

Risk management

Governance data
FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

Directors

11

11

10

6

6

Outside directors

2

2

2

2

2

Board meetings

12

13

12

12

13

Attendance rate (%)

99.3

96.5

91.7

100.0

92.0

Average years in office

9.2

10.2

10.8

13.2

14.2

Board of Directors

Audit & Supervisory Board
Auditors

3

3

3

3

3

Outside auditors

2

2

2

2

2

Auditors’ meetings

14

14

14

14

14

Attendance rate (%)

100.0

97.6

97.6

100.0

100.0

Proper trade control
To maintain proper trade, FURUNO has establishedconducts internal notifications and e-learning

an export control system with the president as chieftraining, as well as annual internal audits to verify theofficer. To ensure that its employees understand thestatus of voluntary control.

Information security measures
FURUNO is working on improving employee security
Systematic measures(multi-level defense)

awareness and vigilance through e-learning

6

6

6

6

6

Directors’ remuneration (millions of yen)

201

159

232

235

234

Auditors’ remuneration (millions of yen)

39

39

39

39

38

Members

To properly manage risks that could have a significant impact on management, FURUNO has established a
Risk Management Committee chaired by the president. It evaluates company-wide risks, determines theimportance of each risk, and appoints a department and subcommittee in charge of each risk
countermeasure to reduce it.

importance of export control for security, FURUNO

Nominating and Compensation Advisory Committee

Cross-shareholdings (number of stocks)

38

employees in Japan, an English version was also

education and the publication of in-housenewsletters. The CSIRT also continuously monitors,
collects information, and responds to incidents toprevent damage from spreading and to calm thesituation as soon as possible.

Unlisted stocks

8

8

8

8

9

Stocks other than unlisted stocks

15

14

14

12

12

CSIRT system forearly detection
and prevention

Information
Security
Measures

Increase
employee security
awareness andattention

39

01

Get to Know FURUNO

Directors

02

For Future Growth03

Business Strategy

04

Governance, Social and Environmental Reports

External Director

President and CEO
Mar. 1971 Joined TEIJIN LIMITED
Sep. 1984 Joined FURUNO
Mar. 1987 General Manager, Administration Division
May 1987 Director
May 1990 Managing Director
May 1999 Managing Director and General Manager, Tokyo Office
Mar. 2007 President
Mar. 2021 President and CEO (current)

Together with Society

06

Financial and Non-financial Data

External Directors

Hideo Higuchi

Yukio Furuno

05

Muneyuki Koike
Director
Vice President and Executive Officer and CMO
Apr. 1985 Joined FURUNO
Mar. 2002 General Manager, International Marketing Department, Marine
Electronic Products Division
May 2005 Director
Mar. 2009 Divisional Vice General Manager, Marine Electronic Products Division
May 2009 Managing Director
Mar. 2012 Divisional General Manager, Marine Electronic Products Division
May 2016 Senior Managing Director
Mar. 2021 Director, Vice President and Executive Officer and CMO (current)

Jun. 2004 Executive Officer and Senior General Manager, Operational Reform HQ, OMRONCorporation
Jun. 2007 Managing Executive Officer and Senior General Manager, Business Process
Innovation HQ
Dec. 2008 Managing Executive Officer; Senior General Manager, Business Process Innovation
HQ and Senior General Manager, Corporate Strategic Planning HQMar. 2009 Managing Executive Officer and Senior General Manager, Corporate Strategic
Planning HQ
Nov. 2011 Outside Director, SOLOEL Co., Ltd.
Mar. 2012 Director
Jun. 2012 Outside Audit & Supervisory Board Member, Toyo Business Engineering Corporation(currently Business Engineering Corporation)
May 2016 External Director, FURUNO (current)
Jun. 2016 Outside Director, Toyo Business Engineering Corporation (currently BusinessEngineering Corporation) (current)

ShingoKagawaExternal Director

Apr. 1981 Joined FUJITSU LIMITED
Apr. 2012 Corporate Executive Officer; Group President, Network Service Business Unit; Headof Image Internet Service Business DivisionJun. 2012 Corporate Executive Officer; Group President, Outsourcing Business Unit; Head of
Image Internet Service Business Division
Apr. 2015 Corporate Executive Officer; Vice President, Integration Services Business; Group
President, Network Service Business Unit
Apr. 2016 Corporate Executive Officer; Chief Technology Officer; Head of Digital Services
Business
Apr. 2018 President and Representative Director, FUJITSU RESEARCH INSTITUTE
Apr. 2020 Special Adviser, APAMAN Co., Ltd.
May 2020 External Director, FURUNO (current)
Oct. 2020 President and Representative Director, DigiIT Corporation (currently SS Technologies
Corporation)
Oct. 2021 Chairman of the Board, SS Technologies Corporation
May 2022 Outside Director, MINISTOP Co., Ltd. (current)
Jan. 2023 Outside Director, H.I.S. Co., Ltd. (current)

Auditors

Shigenori
Ametani
AuditorShinji Ishihara

Yutaka Wada

Toru Muranaka

Shogo Yamada

Director
Managing Executive Officer and CTO

Director
Managing Executive Officer and CFO

External Auditor

External Auditor

Apr. 1985 Joined FURUNO
Feb. 2006 General Manager, Research & Development Department, Marine
Electronic Products Division
May 2007 Director
May 2016 Managing Director
Mar. 2018 Integration Chief Manager, Product Designing, Development &Value-engineering Head Office, Marine Electronic Products Division
Mar. 2021 Director, Managing Executive Officer and CTO (current)

40

Apr. 1984 Joined FURUNO
Mar. 2009 General Manager, International Marketing Department, Marine Electronic Products DivisionJun. 2016 Administration Officer; General Manager, International Marketing Department, Marine
Electronic Products Division
Mar. 2021 Deputy General Manager, Management Planning & Intelligence Department
Feb. 2023 Assistant to Audit & Supervisory Board Members
May 2023 Audit & Supervisory Board Member (current)

Apr. 1982 Joined FURUNO
Mar. 2003 General Manager, Merchant Marine Marketing Department, Marine
Electronic Products Division
May 2007 Director and General Manager, Merchant Marine Marketing Department,
Marine Electronic Products Division
Mar. 2015 Director and Divisional Vice General Manager, Marine Electronic Products
Division
Sep. 2015 Director, Divisional Vice General Manager, Marine Electronic Products
Division; General Manager, Head of Tokyo Office
May 2016 Managing Director, General Manager, Head of Tokyo Office; Secretary toGeneral Manager, Marine Electronic Products Division
May 2018 Audit & Supervisory Board Member
May 2023 Director, Managing Executive Officer and CFO (current)

Apr. 1995 Registered as an attorney (Osaka Bar Association) (current)
Apr. 2007 Teacher, Doshisha Law School
May 2014 Audit & Supervisory Board Member, FURUNO (current)
Jun. 2015 Outside Audit & Supervisory Board Member, SUZUKEN CO., LTD.
Jun. 2016 Outside Audit & Supervisory Board Member, CAPCOM CO., LTD. (current)

Apr. 1996 Registered as a Certified Public Accountant (current)
Jul. 2013 President, Shogo Yamada Certified Public Accountant Office (current)
Mar. 2014 Outside Audit & Supervisory Board Member, TOYO TANSO CO., LTD.
Mar. 2015 Outside Director, TOYO TANSO CO., LTD.
Jun. 2015 Outside Director, CONTEC CO., LTD.
Jan. 2020 Director and COO, TOMOE VALVE INDUSTRY PTE LTD (current)
Jan. 2022 Director, TOMOE VALVE INDUSTRY PTE LTD (current)
May 2022 Audit & Supervisory Board Member, FURUNO (current)

41

04

Executive Officers

Kazuma
Waimatsu

Satoshi Ohya

Senior Executive Officer

Senior Executive Officer

In charge of Marine Electronic Products
Division
Marine Electronic Products Division
General Manager

Human Resources & General Affairs
Department General Manager

Koji Tokuda

Takanori
UemuraExecutive Officer

Executive Officer

Marine Electronic Products Division
Product Designing, Development &Value-engineering Head Office General
ManagerMarine Electronic Products Division
Miki Factory General Manager

2 Social Report

Human resource strategy
Development of human resources
FURUNO aims to develop autonomous humanresources who think and act on their own
initiative, by improving the career development
and management skills of each employee. For
R&D personnel, FURUNO provides technicaleducation based on an annual plan to improvetheir technical skills. In addition, FURUNO
promotes job rotation according to the career
path of each position to develop humanresources who can realize our businessstrategies through workplace revitalization andnew challenges.

OJT

training

Off-JT
group
trainingSD

selfdevelopment

Development of global human resources

Kiyoshi Furuno

Tsutomu
Okada

Executive Officer

Executive Officer

Marine Electronic Products DivisionMarketing Head Office General Manager
and Domestic Marketing Department
General Manager

In charge of Research and Innovation
CenterResearch and Innovation Center General
Manager

Kenichi Mori

Atsushi Takagi

Executive Officer

Executive Officer

Marine Electronic Products Division
Service Management & Commanding
Department General Manager

Corporate Planning Department
General Manager

Yukio
Nobuhiro
Executive Officer
In charge of System Products Division,
Avionics and Defense Electronics
Division
System Products Division General
Manager42

FURUNO has established a worldwide sales
and service network. With more than 60% ofsales coming from overseas and approximately
35% of employees working at overseas
subsidiaries, FURUNO requires humanresources who can respond to global business.
Young employees are dispatched to overseas

subsidiaries to acquire a broad international
perspective and business knowledge throughwork experience. FURUNO strives to develop
excellent human resources who can work
globally.

Diversity & inclusion
Ensure diversity of core human resources
It is essential to secure diversity in humanresources, which are the source of innovationand new value creation. FURUNO will continue
to improve the workplace to create a corporate
culture in which all human resources withdiverse skills and personalities can grow andflourish. There is still room for improvementfrom a gender-free perspective, so FURUNO
has launched a project with selected members
and established a working group under the
direct supervision of the president, called the

Smile Project. The project will help ensure
diversity throughout the FURUNO Group,
including overseas subsidiaries.
FY 2020

FY 2021

FY 2022% of female employees

28.5 %

28.8 %

28.8 %

Avg. years employed(female)13.3 yrs

13.4 yrs

13.9 yrs

Female ratio in new
graduates

20.0 %

9.4 %

13.2 %% of females inmanagement

2.9 %

3.3 %

4.4 %

*Non-consolidated FURUNO (as of February 28)

43

01

Get to Know FURUNO

Development of management human resources
FURUNO conducts a one-year group action
learning program on the theme of solving
management issues, with the aim of helping
employees acquire their role awareness andlogical thinking skills required when they arepromoted to management positions. FURUNO
is actively developing next-generation
management candidates through exchanges
with excellent human resources not only within

the company but also at other companies. Also,
the Human Resource Development Committee
meets on a regular basis to consider anddecide on the assignment of human resourcesthat will lead to the expansion of perspectives
and experience for each target group. FURUNO
is promoting the development of future
managerial human resources while improving
labor productivity.

Implementation of specific measures such as instructor OJT training system, etc.
resources, FURUNO has adopted referral hiring
as a career recruiting method, to improve thematching rate with FURUNO’s corporate culture
and increases employee engagement throughemployee participation in recruiting activities.
FURUNO is also working to resolve concernsand questions about the work environment,
work learning status, and daily life issues as
early as possible.

Improving the workplace and job satisfaction
Male maternity leave
FURUNO’s Childcare Leave System allows
employees to take leave for a desired period
until the child turns 1 year old (up to 2 years old
with conditions). FURUNO has also introduced
systems such as Father-Mother Childcare
Leave Plus and Postpartum Father-Childcare
Leave to encourage male employees to takechildcare leave.

48%

50%

42%

40%
30%

10%
0%

03

Business Strategy

04

Governance, Social and Environmental Reports

05

Together with Society

06

Financial and Non-financial Data

FURUNO wants each employee to have a healthy mind and body. We established the FURUNO Health
Declaration in March 2018 and are strengthening our health management system and promoting
initiatives to raise employees’ health awareness. In September 2022, FURUNO also formulated the HealthManagement Strategy Map which systematically organizes how the various health measures we are
implementing will lead to solutions to issues in health management.

Health management initiatives
Exercise support measures include holding
walking events and distributing FURUNO’s
original One Minute Stretch Exercise. In
addition, FURUNO has introduced a smoking
cessation support program, stress checks andself-care e-learning programs. In recognition ofthese efforts, FURUNO has been recognized
for five consecutive years since FY 2019 as oneof the White 500 Corporations for Excellent
Health Management. FURUNO has also beenrecognized annually as a Sports Yell Company.
FURUNO will continue to engage in strategic
health management to ensure its sustainablegrowth.

Annual paid leave taken
Usage rate

FY 2020

FY 2021

FY 2022

72.1%

79.4%

83.6%

Avg. monthly overtime / employee(non-consolidated) *FURUNO(non-consolidated)

FY 2020

FY 2021

FY 2022

13.6h

15.1h

16.0h

*For regular, contract and temporary employees

Respect for Human Rights

Percentage of male employees taking
maternity leave

20%

For Future Growth

Health management

Develop and secure core human resources

In order to develop core human resources, newgraduates are individually assigned a dedicatedinstructor after their assignment (instructor OJT
training system). In addition, in the third year of
employment, the Human Resources
Department conducts individual hearings for all
new employees to eliminate any
post-employment gaps and to take stock ofand reflect on their careers as members ofsociety. Moreover, to secure core human

02

24%
11%

13％

14％

2020

2021

FURUNO is committed to treating others withrespect and deference, and hopes that its
employees can devote themselves to their workwith peace of mind in a healthy andcomfortable work environment that is free fromharassment. FURUNO will continue to conduct

educational activities to eliminate discrimination
against people with disabilities, foreign
nationals, LGBTQ, and other groups, and torealize a prosperous society where they cancoexist with each other.

17％

7％

2019

2022 (FY)FURUNO
Nationwide average in Japan

44

45

04

01

Get to Know FURUNO

02

For Future Growth03

Business Strategy

04

Governance, Social and Environmental Reports

05

Together with Society

06

Financial and Non-financial Data

3 Environmental ReportCompliance with regulations on chemical substances

Environmental Policy
FURUNO recognizes that environmental considerations are one of the most important management
issues and aims to realize a sustainable society by reducing the environmental impact of its businessactivities.

The RoHS Directive, which regulates the use ofchemical substances in electrical andelectronic equipment enforced in the EU, began
to regulate 10 substances in July 2019, and
FURUNO has have been complying with thedirective for applicable equipment. In addition,
the introduction of chemSHERPA (common
scheme for communicating information on
chemical substances contained in products)
has been completed.

Sustainable Society
Ship Recycling Convention

Preservationof the Global
Environment• Risk management ofchemical substances• Compliance with regulations• Contribution to sustainablefisheries and marine
environment conservation

Maintenanceof Biodiversity

Formation of
RecyclingOriented
Society• Energy saving• Resource
conservation• Greenhouse gas
emissions reduction• Reduction of waste• Reuse of resources• Promotion ofrecycling

Towards the preservation of the environment
FURUNO is working on environmental
preservation and complying with the Energy
Conservation Law,* and since 2010, it has beenworking to reduce CO2 emissions with the midto long-term goal of a 1% reduction from theprevious fiscal year.

In May 2009, the Ship Recycling Convention
was adopted as an international treaty toaddress the possibility that ships dismantled for
scrapping may contain hazardous substancesthat could have a negative impact on theenvironment and human health. It is expectedthat substantial action will be taken, as the Ship
Recycling Regulations with the equivalentcontent of the Convention began to be appliedin the EU in December 2018.

Chemical risk assessment
The implementation of risk assessment forchemical substances is mandatory under the
Industrial Safety and Health Law. It must be
conducted in accordance with the GHS*

classification categories, taking into
consideration the impact on the global
environment as well as workers’ healthmanagement.

*The GHS (Globally Harmonized System of Classification and Labelling of Chemicals) is a set of rules that harmonize the classification criteria andthe content of labels and safety data sheets for each hazardous property of chemical products.

*Law concerning the rational use of energy

Towards a recycling-oriented society

3

4

5

Final
Check

Manufacture2

Validation

46

processes, and to contribute to the
management of marine resources using its
products.

1

Detailed
DesignAmong the various activities that are effective inmaintaining biodiversity, FURUNO believes it isimportant to eliminate hazardous substancesfrom the products and their production

Environmentally Friendly Design

Basic Design

Towards sustaining biodiversity

FURUNO has established environmental standards in the design process and set
specific targets while complying with environmental laws and regulations.

Requirements

Law by concluding waste disposal contracts
with government-licensed contractors andthoroughly managing industrial waste
management slips.

Environmentally Conscious Products

Product
Planning

FURUNO continuously measures and monitors
the amount of waste disposed of and recycled.
All business sites are committed to complying
with the Waste Disposal and Public Cleansing

TOPIC

Environmental goal setting and design assessment

47

01

Get to Know FURUNO

02

For Future Growth03

04

Governance, Social and Environmental Reports

Business Strategy

05

Together with Society

06

Financial and Non-financial Data

Effects of COVID-19

Reduction of impact in business activities

In FY 2021, electric power consumption
decreased by 3.4% from the previous year due
to external factors such as the response to

Overall environmental impact

COVID-19 and parts shortage. The emissions of
CO2 per unit of production decreased by 7.3%
from the previous fiscal year.

FURUNO strives to reduce the environmental impact of each process by understanding the inputs
and outputs of its activities.

Towards a recycling-oriented society

OUTPUTINPUTElectricity

7.17 GWh

Gas (city gas, LPG)

180 dam3

R&D

Greenhouse gas (CO2)2,535 temissions
Water discharge

32 dam3

Waste discharge

313 t

Amount recycled

258 tSales &

Recycling rate

82 %Service

Final waste disposal

55 tProcurement

Fuel (diesel, gasoline) 63 kl

Manufacturing

32 dam3

Water

15 t

Copying paper

To ensure thorough separation of waste
generated by its business activities, FURUNO
continuously measures and monitors theamount of waste disposed of and recycled.
FURUNO also conducts on-site inspections ofRecycling Trend*Total includes headquarters (Nishinomiya), Miki Factory, Furuno INT Center*Period: March 1, 2022 - February 28, 2023

Protection of the global environment

(t)

(%)

400

100.0

300

business site, FURUNO is working to improveenergy consumption per unit of production,centered on productivity improvement, and arecontinuing to promote energy-saving air
conditioning and the use of LED lighting.

FURUNO has been working to reduce CO2
emissions since 2010 in response to the revised
Energy Conservation Law,* with the mid- tolong-term goal of a 1% reduction from theprevious fiscal year. In the activities of eachcontracted waste disposal companies at eachof our business sites nationwide as appropriate,
to ensure that proper management is being
carried on.

*Law concerning the rational use of energy

200

53
85.0

50

68

89

84.3

55

90.0

82.4

80.0

78.0
73.7

100

70.0

302

271

245

248

258

2018

2019

2020

2021

2022 (FY)0

60.0
Amount recycled (t)Amount of waste disposed (t)Recycling rate (%)

Power Consumption, CO2 Emissions and Basic Unit
(kt- CO 2)(t-CO 2 /100 million yen)

(10 MWh)

1,000
800

10

709

710

700

8

717

686

600

6
5.7

400
200

3.4

5.1
2.8

5.5

5.2

2.8

2.9

Climate change initiatives

4.0

2.5

0

4
2

In 2015, the Financial Stability Board (FSB)

FURUNO is committed to complying with theestablished the Task Force on Climate-related
Financial Disclosures (TCFD). The TCFD
published its final report in June 2017
recommending disclosure of items related toclimate-change-related risks and opportunities.

TCFD by establishing the most appropriate
structure and personnel to collect and analyze
the necessary data on the impact ofclimate-change-related risks and opportunities
on its business activities.

0

2018

2019

2020

2021

2022 (FY)Electric power (10 MWh)
Total CO 2 equivalent emissions (KEPCO coefficient) (kt-CO 2)
Basic unit of production (excluding BOJ corporate goods price index) (t-CO 2 /100 million yen)

48

49