2024
Social Responsibility&
Environmental Report

ＣＯＮＴＥＮＴＳ〇 Introduction・・・・・・・・・・・・・1〇 SDGs(Sustainable Development Goals)・・・2〇 Social Responsibility Report
Respect for Humanity ・・・・・・・・4
Ensuring a Comfortable Workplace
Environment, Human Resource
Development, CSR Initiatives・・・・・5
Cooperation with Local Communities
and Social Action Programs ・・・・・6
Ensuring a Comfortable Workplace
Environment ・・・・・・・・・・・・9〇 Environmental Report
Environmental Management System・ 10
Initiatives Aimed at Achieving Carbon
Neutrality ・・・・・・・・・・・・・11

Introduction

This report introduces the approach taken anddetails of initiatives addressing sustainability by the
SOSHIN ELECTRIC Group in an aim to spreadawareness of the Group’s activities among all of its
stakeholders.
This report provides an insight into our track recordin addressing the key elements of these activities,
namely “SOCIAL RESPONSIBILITY ” and“ENVIRONMENTAL PRESERVATION”, throughdetailed case examples of initiatives implemented
and quantitative data disclosure.

□ Period Covered
Activity results: FY2023 (Jan - Dec)
Data collection: FY2019 - FY2023* Results for FY2022 collected from April to
December 2022 due to changes in the fiscal
year.

〇 Data Collection
Environmental Data・・・・・・・・・13
Social Data ・・・・・・・・・・・・15□ Coverage
SOSHIN ELECTRIC CO., LTD.
SOSHIN DEVICE CO., LTD.
SOSHIN POWERTECH CO., LTD.
RISSHIN ELECTRONICS CO., LTD.
SOSHIN ELECTRONICS (M) SDN. BHD

1Issued in June 2024

SDGs
Approach to SDGs (Sustainable Development Goals)
We consider it as one of our important social responsibilities to contribute to the extensive solutions ofsocial problems through our business activities on our indexes of SDGs (Sustainable Development Goals)
adopted by the United Nations.
We take actions to our possible goals by materializing our offered values.

Categories

Targets
Affordable andClean Energy

Business activities
Industry,
Innovation andInfrastructureLife Below WaterOﬀered values by SOSHIN ELECTRIC Group◎ We create solutions that contribute to efficientenergy use, such as power and communications
quality improvements.
◎ We pursue further improvements to our coretechnologies across all business lines in our mission
to help “Make the world without unnecessary noise”.

◎ We contribute to forest protection andcountermeasures against desertification indirectly
and loss of animal diversity, by promoting 3R(Reduce, Reuse, Recycle) and reducing waste to zero
(attaining zero-emissions).

(ESG)
(E)
Social goals Environment
Responsible
Consumption and
Production

Climate Action〇 Our electronic components are also used in power generation
facilities that rely on renewable energy. We look to continue
to provide new products that contribute to efficiency
improvements in electrical energy sources powering the next
generation.

〇 We have shifted to production methods that do not involvethe use of water by introducing new processes in our productprocessing cycle.
〇 We actively work on environmental preservation by measuring
the water quality of factory effuse.

〇 We contribute to the preservation of forest resources bypromoting a paperless work environment.

Life On Land

Affordable andClean Energy

Initiatives◎ We help protect the global environment by
increasing our renewable energy use.

〇 We contribute to supplying green energy to local communities
by participating in local power generation projects (Saku City
Megasolar Power Generation Project).
〇 We installed solar power at the Asama Plant and sell surplus
electricity to power companies.

◎ We strive to achieve a stable supply of high-quality,
long-lasting electronic components while using
environmentally-appropriate chemical substancesand reducing waste based on a principle of resource
circulation.

〇 We provide long-lasting products through advanced design
and process technologies.
〇 We act responsibly and comply with customer requirements
and laws and regulations through contained chemical
management spanning all materials handled by the Group.

◎ We are working to reduce greenhouse gases in an
aim to become carbon neutral by 2050.

〇 We are working to reduce CO2 emissions by introducing
renewable energy sources. （In addition to solar power, thisincludes the purchase of green electric power）〇 We reduced power consumption by shifting data centers to
the cloud.
〇 We reduced power by some 20% by updating specific air
conditioning equipment at production sites in FY2022.
〇 We introduced the means to determine whether
environmentally hazardous substances are in use, and toevaluate energy-saving measures when installing production
facilities.
〇 We appointed consultants to help launch efforts towardachieving carbon neutrality by 2050.

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SDGs
Approach to SDGs (Sustainable Development Goals)
We consider it as one of our important social responsibilities to contribute to the extensive solutions ofsocial problems through our business activities on our indexes of SDGs (Sustainable Development Goals)
adopted by the United Nations.
We take actions to our possible goals by materializing our offered values.

Categories

Targets

No Poverty

Good Health andWell-Being◎ We are proactive in our social action efforts.

◎ We actively promote the provision of health andwelfare services to employees and local residents,
etc.
◎ Through social action, we help to foster a “healthy
body and mind”, “a harmonious relationship with thecommunity”, and “hospitality”.

Initiatives〇 We donate food to the NPO, Minato Kodomo Shokudo.

〇 We provide a full-fledged industrial health system toprotect the physical and mental wellbeing of our employees.
〇 We provide educational toys as Christmas presents tolocal child care facilities.
〇 We help donate polio vaccines to developing countries
through plastic bottle collection activities.

◎ We provide equal rights to learn and grow to all.

〇 We support learning through internal scholarshipprograms (for children of employees and prospective
employees).
〇 We provide an environment for learning withcorrespondence courses offered to employees by
occupational type, function, and industry type.
〇 We provide learning opportunities to local students
through school visits and school excursion opportunities
to manufacturing sites.

Gender Equality◎ We provide a workplace environment where
everyone can work and play an active role,
regardless of gender.

〇 Our human resources system is based on qualifications,leaving no room for unjust treatment based on genderdifferences.

Decent Work andEconomic
Growth◎ We contribute to economic growth by providing asafe and secure workplace that offers job
satisfaction to employees based on an acceptanceand respect for personality and human diversity.

〇 We provide a flexible workplace environment that
respects individual values and diversity, such work-lifebalance, or limiting where one works.

Sustainable
Cities andCommunities◎ We value our connection to local communities, andactively promote social and community contribution
activities.

〇 We value our connection to local communities by actively
engaging in cleaning activities, flower beautification
activities and greeting people in the neighborhood aroundour offices.

ReducedInequalities◎ We engage in fair hiring practices, regardless ofnationality or gender, and work to preserve a
workplace environment that protects employees’rights.

〇 We take a person-oriented approach to hiring, and do not
engage in unfair hiring practices based on nationality or
gender.
〇 An “opinion box” is installed at each place of business,
providing an avenue for employees to freely provide opinions
and suggestions for management.

Peace, Justiceand Strong
Institutions◎ We ensure compliance by observing the laws,
regulations, and rules pertinent to each country andregion, and by respecting international agreements.

〇 We promote supplier management that accounts forhuman rights considerations through supplier surveys andmanagement processes.
〇 We conduct local surveys to ensure that minerals are notprocured from conflict zones.

Quality
Education(S) Society(ESG)
Social goals(G)
GovernanceOﬀered values by SOSHIN ELECTRIC Group3

Social Responsibility Report
Respect for Humanity◆Respect for human rights
We remain a company that respects individual characteristics, including a person’s race,
nationality, gender, beliefs, personality, or disability, fostering a workplace where each and every
employee can work cheerfully and lively, and have equal access to education and training toprovide a real sense of growth.

◆Improvement of compliance
We work to promote compliance with rules and eliminate workplace discrimination, harassment,
and other acts that infringe upon human rights through compliance training provided by legal
advisors and internal reporting.
We also provide information security training, trade management training, competition law
training and other training courses with a view to strengthening compliance.

◆Basic employment policy
The SOSHIN ELECTRIC Group actively engages in new graduate and mid-career hire
recruitment activities based on human resources plans that account for mid-to-long termbusiness development.
We appropriately assign the right people with necessary ability and experience to the right job,
including promoting the recruitment of foreign nationals, and promote activities with anawareness of employees’ job satisfaction and ease of work.

◆Enhancement of healthy mental state
The SOSHIN ELECTRIC Group has arranged study sessions for acquisition of knowledge about
mental disturbance, self-care and line care through consolidated services by industrial
physicians, consultant physicians and health nurses to ensure employees’ mental health.
In addition, training of managers, control of overtime work and strict observance of the previously
established no-overtime day program have been implemented against excessively long-time
work.

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Social Responsibility Report
Ensuring a Comfortable Workplace Environment, Human Resource
Development, CSR Initiatives◆Realization of work-life balance
The SOSHIN ELECTRIC Group has extended its reduced working hour program for parents ofyoung children until the second year of primary schools (previously, this program applied until thechild reached three years of age) in order to help parents achieve a balance between work andchildcare.
In addition, eligibility for the refreshment leave program for bettering employee physical andmental health was extended to start from employees 25 years of age and up (previously, 35
years of age and up).
Also, steps have been taken to allow for greater flexibility in working styles since FY2021, with
the introduction of an hourly paid leave system being one example of such.

◆ Creating an environment conducive to improving conversational English
The SOSHIN ELECTRIC Group allows anyone interested to take online English conversation
lessons. We have established an “English conversation box” to facilitate employees learning
conversational English.
In addition to conversational English, we have also worked to establish a diverse range ofcorrespondence courses in the aim of becoming a company that provides a real sense of growth
and achievement to employees.

◆ CSR activities in the supply chain
CSR required of suppliers by the SOSHIN ELECTRIC Group: Corporate Social Responsibility(CSR) activities include controlled substance management and green procurement, andmeasures to prevent the sourcing of minerals from conflict zones.
In order to achieve decarbonization across our supply chain in the future, we will track CO2
emissions related to products and services purchased from suppliers, and in transporting andshipping, and take steps to reduce CO2 emissions.

5Social Responsibility Report
Cooperation with Local Communities and Examples of Social Action Programs[Asama Plant] Helped lay welcome flowers
at JR Sakudaira Station(Friday) April 14, 2023
Saku City attracts large numbers of tourists from inside and outside the prefectureduring the period in which the Saku Balloon Festival and the Sakugoi Festival is held
every year. The Saku City Tourism Association, together with the Sakudaira General
Technical High School sets up “welcome flowers” every year to mark the occasion, withthe support of SOSHIN ELECTRIC. On the day, we helped lay out planters holding
pansies along the path from the ticket gate together with representatives from the Saku
City Tourism Association and students of Sakudaira General Technical High School.

[Chikuma Plant] Beautification activities(planting flowers)(Thursday) May 11, 2023
As part of beautification efforts, 12 planters carrying marigold flowers were arranged
on sidewalks along prefectural roads in the vicinity of Chikuma Plant. The flower
seedlings are donated under Nagano Prefecture Adopt System.

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Social Responsibility Report
Cooperation with Local Communities and Examples of Social Action Programs[RISSHIN ELECTRONICS] Cleanup activities
around the corporate complex(Wednesday) October 11, 2023
On October 11, we participated in the cleanup activities held once every six months
at the Wada corporate complex, which is home to RISSHIN ELECTRONICS. We
contributed to local beautification efforts, which included weeding sidewalks andpicking up rubbish.

[Head Office] Donated food to
Minato Kodomo Shokudo(Wednesday) March 15, 2023
The Head Office donated pork meat arriving from Miyakonojo City, Miyazaki to theNPO, Minato Kodomo Shokudo.

Sets of pork meat sent from Miyakonojo City

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Social Responsibility Report
Cooperation with Local Communities and Examples of Social Action Programs[SOSHIN POWERTECH] SOSHIN ELECTRIC Cup
Volleyball Tournament(Friday) August 11, 2023

Once a key part of our annual community activities, the SOSHIN ELECTRIC Cup
Volleyball Tournament was not held for three years beginning in 2020 due to the ongoingspread of COVID-19. This competition, the first in four years, garnered a tremendous
response, with some 180 players participating, not counting those there to cheer themon. Looking ahead, we will continue to hold this event as a key pillar to establishingcloser ties with the local community through volleyball.

[SOSHIN DEVICE] Beautification activities(rubbish pick-up)(Friday) November 3, 2023
We conducted trash pick-ups in neighboring areas around our plant as part ofbeautification activities. Everyone involved went about picking up trash in earnest. In
this event, we collected around 2kg of trash. We will look to continue this in the
future.

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Social Responsibility Report
Examples of a Comfortable Workplace Environment (Health and Safety)

Disaster prevention training(Chikuma Plant)

Safety patrols (Asama Plant)◆Health and safety
We ensure the health and safety of employees and provide a comfortable workplace environment,
while actively pursing health and safety activities in an aim to achieve zero occupational accidents.
Major activities include prevention of serious incidents through risk assessments, extraction andcorrection of risk factors through employee surveys on safety, and other activities.

ISO45001：2018 certificate◆Acquisition of ISO45001 Certification at all sites
The SOSHIN ELECTRIC Group newly acquired “ISO45001：2018” certification at its overseas
manufacturing site, SOSHIN ELECTRONICS (M) SDN. BHD., in FY2023. With this, all domestic
and overseas manufacturing sites, and all sales branches in Japan, including the Head Officehave completed the acquisition of “ISO45001：2018” certification.
We will look to leverage our management system to prevent serious accidents and implement
health and safety activities to live up to our customers’ expectations and trust.

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Environmental Report
Environmental Management System◆ Environmental policy
1． Compliance with legislation, pacts, agreements with customers and voluntary standards
2． Identification of environmental objectives and organized continuous promotion of activities
with local communities to reduce environmental loads
3． Development, design, production and marketing of environmentally-friendly products
4． Implementation of preventive measures and monitoring of environmental pollution
5． Continuous encouragement of education, training and enlightenment activities to raiseawareness of the roles and responsibilities of employees, as well as all other people
involved in our business activities◆System of promoting environmental preservation activities
Decisions on policies and tactics of the SOSHIN ELECTRIC Group regarding environmental
preservation will be made by the “Environmental Committee” which the Director responsible forenvironmental matters chairs. The policies and tactics decided will be put in action across thecompany via factory managers, the location manager and the managers responsible forenvironmental matters for each site.
Activities for which the environmental organization is responsible include a monthly
environmental meeting, as well as the Environmental Committee held semi-annually. Thesemeetings are to track progress toward CO2 emission industrial waste discharge targets,exchange information on the environment, and continue the promotion of the environment
preservation activities.

◆Qualiﬁcation for ISO14001 and environmental audits
The SOSHIN ELECTRIC Group has acquired the authentification of International Standards of
ISO14001 (2015 version).
The effectiveness and suitability of the management system is verified by external inspections byaccreditation bodies, environmental surveys by the environmental control department, andinternal environmental audits by the execution department (internal environmental auditors: 262).
Applicability of ISO14001: 2015 qualiﬁcation【Environmental【環境保全組織】 Organization】
Top
Management
トップマネジメント

Environmental
環境委員会
committee

Environmentalorganization (Site)
環境組織（サイト）
Manager,environmental
aﬀairs
環境管理責任者（統括）(general)Head Oﬃce 本社
Asama Plant
浅間工場
Japan
国内

Chikuma Plant
千曲工場
RISSHIN ELECTRONICS
立信電子㈱ CO.,LTD.
SOSHINPOWERTECH CO., LTD.
双信パワーテック㈱Environmental
事務局
secretariat
oﬃce

SOSHIN DEVICE
CO., LTD.
双信デバイス㈱海外

双信エレクトロニクスマレーシア

Overseas SOSHIN ELECTRONICS(M) SDN.BHD* Organizational charts within each site are omitted.

10Environmental Report
Approach to Energy Saving◆Approach to the introduction ofrenewable energy◆Introduction of highly efficient air
conditioners

We have implemented a solar power systemat the Asama Plant, and will review further
solar power installations at other sites in the
future.

We have completed the installation of highefficiency air conditioning systems at four
domestic manufacturing sites by FY2022. We
will look at installing other energy saving
facilities besides air conditioning systems in
the future.

◆ Conversion of all lighting at domestic
manufacturing sites to LED
We converted the lighting system at four
domestic manufacturing sites to LED by
FY2022.

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Data Collection

12

Environmental Data
Domestic and Overseas Group Total
Category

Greenhouse gases(GHG)(t-CO2)

Fiscal 2019 Fiscal 2020 Fiscal 2021 Fiscal 2022 Fiscal 2023

Scope 1, 2 total

7,268

7,614

8,808

5,915

7,884

Scope 1

372

407

448

318

493

Scope 2

6,896

7,207

8,360

5,597

7,391

Scope 1: Direct emission of greenhouse gases by the business operator itself (fuel combustion,industrial processes, use of A-type heavy oil, fuel oil, gases, gasoline)
Scope 2: Indirect emissions associated with the use of electricity, heat and steam provided by a third
party (electricity purchased by the Company)※Progress is being made on calculating Scope 3 estimates.

13

Domestic Group Total
Category

Unit

Fiscal 2021

Fiscal 2022

Fiscal 2023

15,047,367

15,627,893

16,675,699

12,998,468

16,200,625

Kwh

150,209

149,865

145,323

113,608

155,806

Kwh

-

-

-

942,125

1,387,544

A-type heavy oil

L49,65053,95048,90012,20016,600KeroseneL

22,467

24,21623,655

8,323

20,734

Gas (LPG)

kg

43,38453,99274,54577,737

115,404

GasolineL12,474

10,722

9,515

8,961

15,735

Water consumption㎡

13,52919,463

19,833

18,623

19,298

Total emissions

t

268

221

256

262

284

Basic unit divided
by sales amountt/100 million
yen

4

3

3

3

3

Solar
power
Renewable
generationenergyGreenenergyEnergy consumption

WastesFiscal 2020

Kwh

Purchased power

Water resources

Fiscal 2019

※Photovoltaic power generation is the amount of solar power generation used at the Asama Plant.
※Green power is purchased by SOSHIN DEVICE.

Overseas Group Total
Category

Unit

Fiscal 2020

Fiscal 2021

Fiscal 2022

Fiscal 2023

Kwh

1,041,701

1,164,300

1,088,110

988,960

1,402,910

Kwh

-

-

-

-

-

Kwh

-

-

-

-

-

A-type heavy oil

L

-

-

-

-

-

Kerosene

L

-

-

-

-

-

Gas (LPG)

kg

896

980

868

714

588

Gasoline

L

8,965

5,100

3,552

4,139

3,862

Purchased power
Solar power
Renewable generationenergyGreenenergyEnergy consumption

Fiscal 201914

Social Data
All data is accurate as of December 31.
※1 Contract, continuing employment, part-time※2 Full-time employees

Scope：Domestic Group
Items

Unit

No. of employees
Male

Persons

FemaleRatio of female employees of
total

%

No. of persons inmanagement positions
Male

Persons

FemaleRatio of female managers of
total
Ratio of female managers tototal female employees

Fiscal 2019

Fiscal 2020

Fiscal 2021

Fiscal 2022

Fiscal 2023

657

630

626

640

621

470

452

450

466

451

187

178

176

174

170

28.5

28.3

28.1

27.2

27.3

111

108

110

111

102

108

106

107

108

100

3

2

3

3

2

2.7

1.9

2.7

2.7

2

1.6

1.1

1.7

1.7

1.1

%

No. of foreign employees

Persons

3

2

3

3

4

No. of directly employed nonregular employees ※1

Persons

16

17

21

20

45

No. of dispatch employees

Persons

92

113

150

107

27

42.6

42.5

43.5

43.8

45.2

40.2

39.6

41.2

41.4

42.1

45

45.4

45.7

46.2

46.1

16.6

16.9

17.3

17.2

18.7

15.8

15.9

16.1

15.7

16.5

17.4

17.9

18.4

18.6

19.4

Average age
MaleYears of age

FemaleNo. of continued years ofservice
Male
FemaleYears

15

ItemsUnit

No. of new graduate hires
Male

Persons

Fiscal 2019 Fiscal 2020 Fiscal 2021 Fiscal 2022 Fiscal 2023
13

11

19

13

19

10

8

14

9

15

3

3

5

4

4

23.1

27.3

26.3

30.8

21.1

7

5

38

27

16

6

4

33

19

12

1

1

5

8

4

FemaleRatio of female hires%

No. of mid-career hires
Male

Persons

FemaleRatio of mid-career hires to the total
number of hires

%

35

31.3

66.7

67.5

45.7

Turnover ※2

%

3.3

3.7

3.7

4.1

4.3

Ratio of employees returning to work
after child care leave (female)

%

100

100

100

100

100

Injury or illness rate

-

0.3

1.9

1.8

1.3

2.4

Frequency of occupational accidents

-

1.14

0

0

0.68

0

No. of cases

0

0

0

0

0

Stress check take-up rate

%

100

100

100

100

100

Ratio of employees with a disability

%

2.97

3.03

3.14

3.13

2.99

No. of fatal accidents

16Inquiries
ESG Promotion Office664-1 Sarukubo, Saku City, Nagano 385-0011
Tel. +81-267-4511
Please send any opinions or feedback to this report.
Email：environment@soshin.co.jp

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