Sustainability

Sustainability Management

Basic Policy of Sustainability

Basic Policy of Sustainability

MISUMI Group has developed a unique Business MODEL that encompasses businesses like FA, Die Components, and VONA, a business which distributes a wide range of products from production auxiliary materials to consumables that are used in production and automation environments. 

Our business is focused on the Industrial Automation (IA) industry. We contribute to eliminating inefficiencies in this industry by helping customers and suppliers eliminate waste of all kinds. In addition, the IA industry has enabled automation and labor-saving in various economic activities, playing a crucial role in the sustainable development of society. This development creates demand in the industrial sector, leading to new opportunities for MISUMI. 

By contributing to the establishment of this cycle, MISUMI Group aims to support the sustainable development of society and industry and achieve sustainable growth for the Company itself.

Our Sustainability Initiatives

Our Sustainability Initiatives

We contribute to the development of the IA industry by eliminating inefficiencies in the total supply chain and entire business processes from the perspective of “time”. We have built a supply chain that serves more than 300,000 customers globally. We provide “Time Value” that reduces various inefficiencies and labor-hours in the industrial world by realizing Reliable, Quick Delivery. To continuously improve Time Value, we are constantly innovating and developing our Business MODEL, including businesses, products, and services. At the same time, we are working to strengthen our Business Foundation, including IT, production, and logistics, and the establishment of Human Capital Foundation to support the Business MODEL.

Initiatives to Support the Sustainable Growth of the IA Industry

Initiatives to Support the Sustainable Growth of the IA Industry

The parts for automation equipment and devices are unique. Creating drawings, quote provision, processing, and procuring parts are complicated and require extended delivery times, resulting in highly inefficient work. By standardizing the parts to be manufactured to order for automation equipment and devices, we eliminate the need to create drawings and significantly reduce the time spent on inefficient work for our customers. In addition, by Reliable, Quick Delivery on a global scale, even for a single part, we can reduce unnecessary inventory and eliminate production and operational opportunity losses. Furthermore, by providing various new products and services, included in our Digital MODEL Shift, we have reduced the amount of waste and labor-hours involved in the procurement process by approximately 90%, reducing energy consumption. We have also contributed to promoting the effective use of resources by eliminating paper drawings. 

We will continue to contribute to the sustainable development of society through “Time-based Innovation” in the IA industry.

Contributing to the Sustainable Development of Society

Contributing to the Sustainable Development of Society

Our business development provides added value that reduces resource input and consumption in the IA industry. By fundamentally eliminating all forms of waste for our customers and suppliers, we contribute to accelerating the transition from conventional mass production, mass consumption, and mass disposal to a circular economy. 

In addition, we are actively adapting to ESG promotion, which is a social demand, and we strive to prevent global warming and other climate changes through our business activities. In addition to our own Company, we respect the diversity of cultures, histories, human rights, and human resources in the countries where our customers and suppliers are involved. We will continue to contribute to developing a sustainable society in cooperation with our stakeholders.

Representative Director and Chairman
Kosuke Nishimoto

Representative Director and President
Ryusei Ono

Sustainability Committee

Sustainability Committee

MISUMI Group Inc. has resolved at the Board of Directors meeting to establish a “Sustainability Committee” from October 1, 2021, chaired by the Representative Director and Chairman, the Representative Director and President as Vice-Chairman, to further strengthen its sustainability initiatives. 

This Committee formulates the Basic Policy of Sustainability for the Company, verifies the management plan and management policy, reports and makes recommendations regarding initiatives that address social issues to the Board of Directors. 

To promote ESG management horizontally across the Group, the Sustainability Committee, under the supervision of the Board of Directors, which has appointed an Officer in charge of Sustainability, works with the Business Companies, Headquarters and Platforms, which are the Group’s executive organizations, to monitor ESG-related target setting, progress and evaluation, and to further develop initiatives.

Status of Sustainability Committee Meetings

Status of Sustainability Committee Meetings

 DatesTopics
1st22/03/16• First Evaluation and improvement from external rating agencies
2nd22/04/20• Second Discussion on Evaluation and improvement from external rating agencies
3rd22/05/18•First Discussion regarding Scope 3 Initiative Policy
4th22/06/14• Second Discussion regarding Report on progress on GHG emission reduction
• Scope 3 Initiative Policy
5th22/06/23• Report on improvements in the evaluation of the Sustainability Committee and external rating agencies
• Countermeasures on climate change
6th22/07/28• Sustainability training for executives
7th22/08/01• Procurement Guidelines and Code of Conduct update
8th22/08/18• Procurement Guidelines and Code of Conduct discussion
9th22/10/20• Revisions to Code of Conduct
• Establishment of Procurement Guidelines and supply chain management system
• Discussing disclosures about human capital indicators
10th22/12/22• Report on climate change countermeasures
• Discussing disclosures about human capital indicators
• Future Initiatives
11th23/02/15• Review of Activities and Future Direction and Policy
12th23/05/18• Status Report on GHG/Supply Chain Management/Human Capital/ Update of Rating Agencies
13th23/09/21• GHG FY22 Flash Report, Progress of Supply Chain Management, Analysis of External Rating Agencies
14th23/11/16

• GHG FY22 Performance Report, FY24 Supply Chain Management Activities 

• CSRD of EU, CFP (carbon footprint of products) response

15th24/03/19• Review of Activities and Future Direction and Policy
16th24/03/21• Corporate Governance, Related survey report, Evaluation of the Board of Directors’ Effectiveness
17th24/05/16• Materiality review, MISUMI Unique Index, Carbon Footprint
18th24/09/18• CBAM of EU/EUDR cooperation requirements, Evaluation of external rating agencies’ results
19th24/10/17• First Discussion regarding Questionnaire for Materiality Evaluation
20th24/11/21• Second Discussion regarding the Questionnaire for Materiality Evaluation

 

<As of November 2024>

Supporting the Task Force on Climate-related Financial Disclosure (TCFD) recommendations

Supporting the Task Force on Climate-related Financial Disclosure (TCFD) recommendations

MISUMI Group Inc. declared its support for the TCFD recommendations established by the Financial Stability Board, and its participation in the “TCFD Consortium” organized by companies that support TCFD recommendations.

MISUMI's e-Commerce Site

We supply custom parts for automation devices and equipment, dies/molds, tools, consumables, and more, with same-day shipping at the earliest. Products from more than 3,000 domestic and international third-party brands, including MISUMI, are offered.

MISUMI's Digital Machine Parts Procurement Service

Instant quote via 3D data upload, with the fastest delivery in as little as one day

Software that allows you to design enclosures with the feel of a drawing

Data library for FA designers