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Nihon Kohden's Sustainability
To realize our Management Philosophy that we contribute to the world by fighting disease and improving health with advanced technology, and create a fulfilling life for our employees, Nihon Kohden strives to earn the trust of our customers, shareholders, business partners, and society in all aspects of products, services, technology, financial position, and employee quality.
In recent years, activities aimed at achieving the UN Sustainable Development Goals (SDGs) have been promoted in order to respond to various cross-border social issues. The medical care we are involved in is becoming more and more complex due to various problems such as the aging society in developed countries, rising medical costs, lack of basic medical care in emerging countries, and widening medical disparities.
In recent years, activities aimed at achieving the UN Sustainable Development Goals (SDGs) have been promoted in order to respond to various cross-border social issues. The medical care we are involved in is becoming more and more complex due to various problems such as the aging society in developed countries, rising medical costs, lack of basic medical care in emerging countries, and widening medical disparities.
Under these circumstances, Nihon Kohden defined 12 sustainability key issues (material issues) to be addressed through business and corporate activities. The Company also incorporated these non-financial targets into its Three-year Business Plan, BEACON 2030 Phase I, in order to contribute to global social issues and SDGs. Nihon Kohden’s management has set KPIs (Key Performance Indicators) and assigned departments for each materiality. We aim to realize a sustainable society and increase our corporate value by further strengthening the coordination between business strategy and sustainability strategy, and creating both economic and social value.
* Click the image to enlarge.
The Process of Defining Material Issues
We generated a comprehensive list of social issues by considering the sustainable growth of Nihon Kohden and referencing international guidelines. Following this, the Sustainability Promotion Committee, which consists of members selected from 11 departments in charge of compliance, development, production, and sales, selected the list of prospective material issues.
Based on questionnaires with all employees and the opinions of institutional investors, the identified 20 social issues were prioritized. Nihon Kohden’s management discussed these issues several times and defined the material issues to be addressed. Finally, the Board of Directors approved twelve material issues.
Sustainability Philosophy and Logo
As a medical equipment manufacturer, Nihon Kohden dedicates itself to contributing to all forms of life on earth through its business activities and citizenship activities.
Nihon Kohden Sustainability logo uses green to express the earth and blue the sky, while the seedling and wavy line at center representing a heartbeat on an electrocardiogram articulate Nihon Kohden’s commitment to coexist with the environment. The uninterrupted white line also symbolizes the concept of sustainability.
The United Nations Global Compact
In July 2015, we signed the United Nations Global Compact to cement our commitment to a sustainable society through the promotion of initiatives in accordance with the Ten Principles of the United Nations Global Compact in the four areas of human rights, labor, the environment, and anti-corruption.
