TRANSLATION - FOR REFERENCE ONLY -
May, 31, 2023
KOKUSAI ELECTRIC CORPORATION
KOKUSAI ELECTRIC CORPORATION (President and CEO: Fumiyuki Kanai; Head Office: Chiyoda-ku, Tokyo, Japan) is pleased to announce that we have received the S-class designation*1 from the Agency for Natural Resources and Energy (ANRE), the Ministry of Economy, Trade, and Industry (METI). This S-class designation acknowledges our commitment to exemplary energy efficiency practices, as demonstrated in our annual report submitted in FY2022, in accordance with the Act on the Rational Use of Energy (the “Energy Efficiency Act”).
The SABC evaluation system categorizes all business operators submitting annual reports in accordance with the Energy Efficiency Act into four classes: S, A, B, and C. The names of the business operators that have attained the S-class status, including ours, are published on the METI website, in acknowledgment of their outstanding energy efficiency programs and successful attainment of set targets.
At Toyama Technology & Manufacturing Center, a hub for both R&D and manufacturing of semiconductor production equipment, we have made concerted efforts to reduce energy consumption. Our initiatives include promoting energy-efficient fallback operations*2 for evaluation equipment during process development, transitioning to energy-efficient air conditioning systems, and introducing LED lighting. These efforts have been acknowledged as exemplary, culminating in our attainment of the S-class designation.
Based on our corporate slogan “Technology & Tai-wa for Tomorrow,” we will continue to pursue economic value and environmental and social values from both business and ESG (solving environmental and social issues and strengthening governance) perspectives, thereby contributing to the achievement of the SDGs as well as achieving both a sustainable society and sustainable growth of our Group.
Businesses with an S-class designation are those that have met either the effort target or the benchmark target. The effort target requires a yearly reduction of at least 1% in the average energy intensity over a five-year period. The benchmark target, on the other hand, represents a standard that business operators in various industries and sectors subject to the benchmark system should strive for in the medium to long term.
Operating without using part of the function or performance.