Reduction in CO2 Emissions by Approximately 6,000 Tons a Year Introduction of CO2-free Electricity at Production Bases in Japan

MISUMI Group Inc. (Head Office: Bunkyo-ku, Tokyo / Representative Director and President: Ryusei Ono) introduced CO2-free electricity*1 in a total of seven of our production bases in Japan including the Head Office, Kansai Factory and Ami Factory of SURUGA Production Platform Co., Ltd. and Mishima Seiki Co., Ltd. in April 2022. As a result, we expect that we will reduce CO2 emissions from our production bases in Japan by approximately 6,000 tons a year.

*1

Electricity with CO2-free value derived from renewable energy power sources that do not emit CO2 during power generation

We announced our support for the TFCD*2 recommendations in September 2021. That same month, we made an announcement that we would join the TCFD Consortium of companies which support the TCFD recommendations. We have conducted various climate change-related risk and business impact assessments focused on the manufacturing businesses, which have significant environmental impact as an initiative to tackle climate change. In addition, we have set a target for fiscal 2030 of reducing our greenhouse gas emissions (Scope 1 and 2)*3 by 42% compared to fiscal 2020 to realize carbon neutrality in 2050.

*2

Task Force on Climate-related Financial Disclosures

*3

Scope 1: Direct emissions of greenhouse gases emitted by business operators themselves (fuel combustion and industrial processes)/ Scope 2: Indirect emissions accompanying the use of electricity, heat and steam supplied by other companies

The CO2-free electricity we have now introduced is one of our initiatives to achieve that target. We will reduce CO2 emissions from our production bases in Japan by approximately 6,000 tons a year. That will be an 8.6% reduction in greenhouse gas emissions (Scope 1 and 2) over our entire group compared to fiscal 2020.

We will continue to tackle climate change over our whole group in the future.

CO2-free Electricity Purchase Contract Certificate for the Head Office of SURUGA Production Platform Co., Ltd.

Overview

Overview

Details on the introduction of CO2-free electricity: CO2-free electricity sold by Chubu Electric Power Miraiz Co., Inc. and The Kansai Electric Power Company, Incorporated

Bases where we have introduced CO2-free electricity (seven bases): SURUGA Production Platform Co., Ltd.

Head Office

505 Nanatsushinya, Shimizu-ku, Shizuoka City, Shizuoka

536 Nanatsushinya, Shimizu-ku, Shizuoka City, Shizuoka

549 Nanatsushinya, Shimizu-ku, Shizuoka City, Shizuoka

147 Hanzaemonshinden, Shimizu-ku, Shizuoka City, Shizuoka

Kansai Factory

2-3-2 Akamatsudai, Kita-ku, Kobe City, Hyogo

Ami Factory

3-2 Hoshinosato, Ami-machi, Inashiki-gun, Ibaraki

Mishima Seiki Co., Ltd.: 580-49 Tokura, Shizmizu-cho, Sunto-gun, Shizuoka

Reduction in CO₂ emissions: Approximately 6,000 tons a year

Overview of MISUMI

Overview of MISUMI

We sell machine parts, tools and consumables required in the field of automation to more than 330,000 companies worldwide. We are both a manufacturer with manufacturing functions and a trading company which sells the branded products of other companies. We reliably meet short delivery deadlines around the globe with our unique business model and business foundations which contribute to improving the convenience of our customers.

For further inquiries, please contact

Corporate Relations Department, Head Office, MISUMI Group Inc.

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+81 3-5805-7173

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