Foster Electric Co Ltd 2023 IR
The report highlights Foster Electric's transition to publishing its first Integrated Report, combining financial and non-financial performance for the fiscal year ended March 31, 2023. The company achieved its fiscal 2024 net sales target ahead of schedule, reaching 121.3 billion yen, driven by strong car speaker shipments and a weaker yen. In sustainability, Foster Electric accelerated its climate goals, committing to a 50% reduction in Scope 1 and 2 emissions by 2030 from a 2018 base-year, and aiming for carbon neutrality by 2050. Additionally, the company established its first European subsidiary in Hungary to stabilize regional supply chains and reduce transport emissions.
Company: Foster Electric Co Ltd
Sector: Consumer Discretionary
Country: Japan
Year: 2023
Type: IR
Pages: 63
Foster Electric Co Ltd
Integrated Report
The report highlights Foster Electric's transition to publishing its first Integrated Report, combining financial and non-financial performance for the fiscal year ended March 31, 2023. The company achieved its fiscal 2024 net sales target ahead of schedule, reaching 121.3 billion yen, driven by strong car speaker shipments and a weaker yen. In sustainability, Foster Electric accelerated its climate goals, committing to a 50% reduction in Scope 1 and 2 emissions by 2030 from a 2018 base-year, and aiming for carbon neutrality by 2050. Additionally, the company established its first European subsidiary in Hungary to stabilize regional supply chains and reduce transport emissions.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees