Meiji Electric Industries Co Ltd 2024 IR

The report outlines Meiji Electric Industries' value creation story, business strategies, and ESG initiatives for the fiscal year 2023. Key highlights include the launch of the 11th Medium-Term Management Plan, which aims for net sales of 90 billion yen and an ROE of 10% or higher by fiscal year ending March 2027. The company also advanced its sustainability efforts by disclosing climate-related information in line with TCFD recommendations and implementing a renewable energy-derived hydrogen utilization project at its Toyota Branch. Additionally, the company focused on human capital by setting a target of 10% female managers by 2030 and transitioning clerical roles to career-track positions.

Company: Meiji Electric Industries Co Ltd

Sector: Industrials

Country: Japan

Year: 2024

Type: IR

Pages: 25

Back to company

Meiji Electric Industries Co Ltd

Meiji Electric Industries Co Ltd 2024 Integrated Report

Integrated Report

The report outlines Meiji Electric Industries' value creation story, business strategies, and ESG initiatives for the fiscal year 2023. Key highlights include the launch of the 11th Medium-Term Management Plan, which aims for net sales of 90 billion yen and an ROE of 10% or higher by fiscal year ending March 2027. The company also advanced its sustainability efforts by disclosing climate-related information in line with TCFD recommendations and implementing a renewable energy-derived hydrogen utilization project at its Toyota Branch. Additionally, the company focused on human capital by setting a target of 10% female managers by 2030 and transitioning clerical roles to career-track positions.

Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.

Document Details

Report Year

2024

Reporting Period

Apr 1, 2023 - Mar 31, 2024

Fiscal Year

2023

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:

Women on Board

Women in Management

Net Zero Target

Employees