Yorozu Corp 2024 IR

The report details Yorozu's performance and strategic initiatives for fiscal 2023, marking the conclusion of its Yorozu Sustainability Plan 2023 (YSP2023) and the launch of YSP2026. The company achieved consolidated sales of ¥181.4 billion, representing a 13.0% year-on-year increase, though it recorded a net loss of ¥3.9 billion due to impairment losses on fixed assets in Asia. Yorozu made significant progress in its environmental goals, transitioning facilities to green energy and commencing operations at its carbon-neutral YSMC Gifu Factory. Looking ahead, the company aims to strengthen its business and management foundations to support the electrification era, focusing on lightweight suspension technologies and expanding sales to a diverse range of customers, including the Toyota Group.

Company: Yorozu Corp

Sector: Consumer Discretionary

Country: Japan

Year: 2024

Type: IR

Pages: 32

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Yorozu Corp

Yorozu Corp 2024 Integrated Report

Integrated Report

The report details Yorozu's performance and strategic initiatives for fiscal 2023, marking the conclusion of its Yorozu Sustainability Plan 2023 (YSP2023) and the launch of YSP2026. The company achieved consolidated sales of ¥181.4 billion, representing a 13.0% year-on-year increase, though it recorded a net loss of ¥3.9 billion due to impairment losses on fixed assets in Asia. Yorozu made significant progress in its environmental goals, transitioning facilities to green energy and commencing operations at its carbon-neutral YSMC Gifu Factory. Looking ahead, the company aims to strengthen its business and management foundations to support the electrification era, focusing on lightweight suspension technologies and expanding sales to a diverse range of customers, including the Toyota Group.

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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:

Scope 3:

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees