nihonkohden

Sustainability Policy

Approach to Sustainability

Nihon Kohden's Sustainability

To realize our management philosophy that we contribute to the world by fighting disease and improving health with advanced technology, 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 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.
Against this background, Nihon Kohden has formulated the long-term vision, BEACON 2030, based on its management philosophy, and aims to create a better future for people and healthcare by solving global medical issues. In addition, in order to contribute to global social issues and the SDGs, the Nihon Kohden Group defined 12 material issues to be addressed through business and corporate activities and incorporated these non-financial targets into its three-year business plan, BEACON 2030 Phase I.
In our business activities, we will address 8 issues aimed at realizing the 5 visions for the future which we designated in BEACON 2030. In corporate activities, we will address 4 issues of Human rights/Human resources, Quality, Governance, and Environment. In order to address these issues, the Company will strengthen and combine human machine interface technologies, digital technologies, and green technologies to reduce its environmental footprint.
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

Firstly, we generated a comprehensive list of social issues by considering the sustainable growth of Nihon Kohden and referencing ISO 26000, SDGs, and various other international guidelines.
Following this, the Sustainability Promotion Committee, which consists of members selected from 11 departments in charge of compliance, development, production, and sales, assessed and narrowed down the social issues to 30.
Based on questionnaires with all employees and the opinions of institutional investors, the identified 30 social issues were prioritized.
Nihon Kohden's management discussed these issues several times and defined the material issues to be addressed from the viewpoints of stakeholders and Nihon Kohden.
Finally, the Board of Directors approved 12 material issues.

Sustainability Philosophy and Logo

As a medical device 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.

Initiatives towards Achieving Sustainable Development Goals (SDGs)

In order to contribute to achieving the SDGs, Nihon Kohden defined 12 material issues, which are related to 10 SDGs, to be addressed through business and corporate activities as non-financial goals. We regularly hold meeting of the Sustainability Promotion Committee, consisting of representatives from each department within the Company, and offer web-seminars (webinars) to domestic and overseas employees in order to raise awareness of SDGs.

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.

Vision & Streategy

Related Policy and Rule

Management Philosophy          Charter of Conduct            Code of ethics and conduct
Quality policy                             Procurement policy            Environmental policy