Introduction

Sustainability Targets and Progress
Along with a reassessment of materiality, areas for action have been established in order to achieve our vision for 2030, and sustainability KPIs have been selected for each area.
Moreover, materiality and some of the sustainability KPIs are linked to the medium-term management plan.

Vision for 2030

Areas for action

Productivity improvement

Contribute to improving the productivity and efficiency of our Group andcustomers and communities around the world by providing the control
technology, products, and system solutions that we have cultivated since
our founding.

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

Improve productivity using
control technology

Safety, ANSHIN, and well-being

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

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

Achieve safety, ANSHIN, andwell-being by fostering a cultureof safety
Promote environmentallyconscious product development

10%

12%

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

14%

15%

Cumulative attendees of safety &explosion protection seminars (Japan)

Increase 9% YoY

Increase 5% YoY

Number of cumulative employees holding
safety qualification*1

Increase 3% YoY

Increase 3% YoYFrequency rate of industrial accidents*2

0.58

0

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

74%

60% or higher

Decrease 7%

Decrease 24%

Reduce CO2 emissions through the in-house use of renewable energy.

Reduce environmental impact atour business sites

8%18%Decrease 8%

Decrease 24%

Improvement in
the scores for
21 out of all
26 items

Improvement in thescores for
3 main issues*3

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

Ensure a thorough understanding of “The IDEC Way” and stimulate thecompany by creating an attractive work environment that gives employees
a sense of purpose.

Create a pleasant work
environment

Establish a management
structure that promotes
value creation, fosters
an organizational climate,and develops human resources

Promote decent work, as well as diversity & inclusion, to strengthen thecompany’s human capital, in order to cultivate employees who will be able
to innovate and create new value.

Improved managementtransparency and effectiveness(as comparedto FY2023)

Ratio of males taking childcare leave*2

58%

90%

Number of female managers*2(including associates in the position ofleader with subordinates)

1215

Average per human capital training costs*2

JPY 40,000

JPY 70,000

Number of items with below average scores inthe Board of Directors’ effectiveness assessment

18%

20% or lessNumber of serious legal violations

00DataFurther strengthen governance and compliance to ensure that thecompany is trusted by society.

Promote of decent work andincrease investment in
human capital(as comparedto FY2020)

GovernanceBusiness foundation

Engagement score (Japan)

Foundation For Value
Creation

Solution ratio to sales

Reduction of CO2 emissions(vs. FY2020)

Climate change
Response to climate change

FY2025 targets

Business Strategy

Pursuit and realization ofsafety, ANSHIN, and well-being

Realize the optimum environment for both humans and machines toresolve various societal challenges and make it possible to achieve
healthy, happy, and vigorous lives.

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

FY2023
achievements

Sustainability KPIs

Value Creation StoryMateriality*1 N umber of employees certified as Safety Assessors, Safety Basic Assessors, Robot Safety Assessors, or Safety Officers*2 IDEC unconsolidated*3 M ain issues: (1) human resource development, (2) strengthening of management abilities, and (3) improvement of the acceptability of human resource systems

IDEC Report 2023

Sustainability Targets and Progress17