NTN Corp 2024 IR

The report outlines NTN Group's value creation strategy under its new Medium-term Management Plan, 'DRIVE NTN100' Final, which aims to achieve an 8% ROE by FY2026. The company is restructuring from a market-based to a product-based system, consolidating its bearing business to expand its highly profitable aftermarket segment. Key environmental goals include achieving carbon neutrality in Scope 1 and 2 emissions by FY2035 and Scope 3 by FY2050. Additionally, the report highlights the company's human resources strategy focused on diversity, equity, and inclusion, alongside its commitment to developing next-generation mobility and green energy products.

Company: NTN Corp

Sector: Industrials

Country: Japan

Year: 2024

Type: IR

Pages: 94

NTN Corp 2024 Corporate Report

Corporate Report

The report outlines NTN Group's value creation strategy under its new Medium-term Management Plan, 'DRIVE NTN100' Final, which aims to achieve an 8% ROE by FY2026. The company is restructuring from a market-based to a product-based system, consolidating its bearing business to expand its highly profitable aftermarket segment. Key environmental goals include achieving carbon neutrality in Scope 1 and 2 emissions by FY2035 and Scope 3 by FY2050. Additionally, the report highlights the company's human resources strategy focused on diversity, equity, and inclusion, alongside its commitment to developing next-generation mobility and green energy products.

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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:

Energy Consumption

Water Consumption

Total Waste

Women in Management

Net Zero Target

Employees