Yorozu Corp 2020 IR
The report details Yorozu Corporation's financial and non-financial performance for the fiscal year ended March 31, 2020. Facing a challenging automotive market and a significant net loss due to impairment assets, the company launched Emergency Profit Kaizen Activities, achieving a cost reduction of approximately 1.4 billion yen. Yorozu focused on developing lighter suspension parts to meet CASE-related needs and received the Nissan Motor 2020 Global Innovation Award for its proprietary welding and assembly lines. Additionally, the company promoted work style reforms, aiming for 50% of office employees to work from home, and continued its environmental efforts, including the utilization of solar power at its Thai production base.
Company: Yorozu Corp
Sector: Consumer Discretionary
Country: Japan
Year: 2020
Type: IR
Pages: 19
Yorozu Corp
Integrated Report
The report details Yorozu Corporation's financial and non-financial performance for the fiscal year ended March 31, 2020. Facing a challenging automotive market and a significant net loss due to impairment assets, the company launched Emergency Profit Kaizen Activities, achieving a cost reduction of approximately 1.4 billion yen. Yorozu focused on developing lighter suspension parts to meet CASE-related needs and received the Nissan Motor 2020 Global Innovation Award for its proprietary welding and assembly lines. Additionally, the company promoted work style reforms, aiming for 50% of office employees to work from home, and continued its environmental efforts, including the utilization of solar power at its Thai production base.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Women on Board
Women in Management
Employees