Priority Management Issues (Materiality)

Priority Management Issues

Priority Issues (Materiality)

Basic Philosophy

As articulated in the Niterra Way (CSR and Sustainability Charter), we improve corporate value through contributions working towards the realization of a sustainable society.
To achieve this, we consider the resolution of social issues to be our most important management issue, and with our unique aspirations, we will promote we aim to "Brighten the Earth through our technologies and ideas."
In addition, we will promote the creation of human resources for "brighten the Earth" and "diverse and proactive human resources embody the Niterra Way," as well as the creation of a foundation to "brighten the earth" and "promoting change and create a new global management foundation."
Specifically, we will contribute to resolving social issues through the combination of diverse technologies and provide renewable and recyclable solutions. Furthermore, regarding human capital investment to support these efforts, we will strive to expand mechanisms that enable diverse personnel to thrive and work vibrantly, cultivate individuals who act proactively amidst change and pioneer the future, and develop professionals who can leverage their expertise to create new value for increasingly sophisticated challenges. Additionally, as part of establishing the management foundation that underpins these initiatives, we will build an organizational platform that supports swift decision-making and enables strategic risk control.
We believe it is crucial to set and pursue more concrete initiatives and targets from a medium- to long-term perspective in each of the fields of “solution to social issues,” “human capital,” and “business infrastructure” to achieve these objectives.

The Process of Priority Management Issues

Priority Management Issues

We have identified three priority management issues: “solution to social issues,” “human capital,” and “business infrastructure,” and are promoting various initiatives.
The CSR and Sustainability Committee monitors progress of these themes in response to requests from the Board of Directors.
In addition, taking global standards, social trends and the opinions of outside experts into consideration, the issues are reviewed annually, and any revisions are approved by the Board of Directors.

Priority Management Issues Major Initiatives Goals and Outputs(FY2029) Progress in FY2024
Solution to Social Issues

Brighten the Earth through our technologies and ideas

  • Contribute to solving social issues by incorporating diverse technologies
  • Provide regenerative and circular solutions
Responding to Climate Change Reduction of CO2 emissions CO2 Emissions [compared to that of 2018]
FY2030: 30% Reduction
FY2035:71.4% Reduction
FY2050:carbon neutrality (Net zero)
29.7% reduction(196K tons)
*Before third-party verification
Development of Technologies, Products, and Businesses for Contributing to the Resolution of Social Issues Dissemination and expansion of environmentally friendly automobile-related products Sales ratio of precious metal plugs: not less than 50% 46%
Sales ratio of wide range oxygen sensor: not less than 50% 41%
Development of fuel cells CO2 dissemination of high-efficiency distributed power supplies with a view to use free hydrogen
  • Expand sales for new applications
  • Development of high-efficiency monogeneration systems for home use
Development of applications for lead-free piezoelectric materials Alternative promotion from lead piezoelectric materials Achieve FY2024 target for number of alternatives
Development of sensing IoT business Improve business efficiency through automation, optimization, and generalization Market delivery of aquaculture systems for land-based shrimp farming underway begins.
Carbon Neutrality as a service Establish and introduction of synthetic fuel (methane) production system
  • Completed installation of methane production test equipment
  • Conducting a demonstration test of a regional CCU
Human Capital

Diverse and proactive human resources embody the Niterra Way

  • Each individual working at Niterra continues to grow through their work and shine in society
    This growth serves as the driving force behind the Niterra Group's sustainable development
Global Human Resource Management Promotion of employment of women, foreign nationals, and careers Ratio of women, foreign nationals, and career recruits in managerial positions: 25% 26.9%(as of March 2025)
Examination of a New Personnel System Improved results of employee satisfaction surveys Employee satisfaction:3.48
(Fiscal year before last 3.33, Last fiscal year 3.46)
Business Infrastructure

Establish new global business infrastructures to drive transformation

  • Strengthen our corporate resilience to adapt to changes in the external environment
  • Facilitate swift decision-making and strategic risk management
Corporate Governance Increasing the ratio of female and foreign nationals to directors Ratio of female directors and foreign nationals: not less than 30% 36%(4 out of 11)
Increasing the ratio of external directors Ratio of external directors: not less than 1/3 64%(7 out of 11)
Risk Management Management of serious incidents signs and prevention of their occurrence Establishment of risk management system that contributes to management decision-making
  • Monitoring of priority risk countermeasures and promotion of risk reduction activities
  • Identify risk factors with the aim of incorporating strategic risks from a management perspective into integrated risk management
Compliance Survey of employees' awareness and continuous education Implementation of compliance questionnaires and disclosure of results
  • Continued implementation of improvement measures for low-scoring departments
  • Implementing training by job classification
Information Security Maintaining and strengthening incident response organizations and building preventive systems Establishment of information security management system
  • Continuous enhancement of global security system
  • Cyber BCP establishment
  • Conduct IT security audits at all domestic and overseas sites
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