The Nikon Group has set forth the Sustainability Policy that as our contribution to a sustainable society and the achievement of sustainable growth for the company through the realization of our corporate philosophy of Trustworthiness and Creativity in business activities. Under this policy, we established the Nikon Code of Conduct, which embodies Nikon’s basic approach to CSR and lays down standards for employees to follow when taking actions based on this approach.
The Nikon Group aims to both contribute to a sustainable society and achieve sustainable growth for itself by putting into practice the Nikon philosophy of Trustworthiness and Creativity through our business activities.
- We are committed to helping solve environmental and social challenges and achieve Sustainable Development Goals (SDGs) through our business activities by delivering uniquely Nikon products and services.
- We aim to do better for the environment and for society by objectively assessing the impact our business has on the environment and society and continually striving to make improvements.
- Through active dialog with our stakeholders, we stay abreast of changes in society. We also constantly reflect on our own activities to meet stakeholder expectations.
- We do more than what is required to comply with laws and regulations. We act with integrity and fairness and disclose information appropriately.
The Nikon Group established the Sustainability Committee, chaired by the Representative Director and President and vice-chaired by the director in charge of the Corporate Sustainability Department.
This committee deliberates on overall management and decision-making related to sustainability activities, including identifying materialities, setting targets for materiality issues, checking the progress of each measure, evaluating performance, and directing improvements. The committee also monitors overall sustainability risks with a particular focus on materialities.
In principle, the Sustainability Committee meets twice a year, and the deliberations are reported at least once a year to the Board of Directors, which manages and supervises the appropriateness and effectiveness of activities as well as associated risks.
Sustainability Promotion System (As of March 31, 2023)
Sustainability Strategy in Our Medium-Term Management Plan
On April 7, 2022, the Nikon Group announced our Medium-Term Management Plan (FY2022-2025). This Medium-term Management Plan describes sustainability strategy as one of our management base.
Specifically, the Nikon Group identified 12 materialities in the four areas of Business Activity, Environment, Society/Labor, and Governance, approached from two aspects: Meet society's expectations to win Trust and Contribute to society through Creativity. In particular, we intend to develop businesses actively in the materiality area of Business Activity, providing value in the areas of Industry and Quality of Life (QOL) through technological capabilities centered on the two core technologies we have developed to date: opto-electronics and precision technologies.
We will contribute to the achievement of the SDGs and to a sustainable society through initiatives aimed at reaching our aspiration of being a key technology solutions company in a global society where humans and machines co-create seamlessly, as described in our Vision 2030.
Sustainability Strategy Diagram
The Nikon Group believes that stakeholder engagement is essential for companies to fulfill their social responsibilities, and we strive to achieve reciprocal communication with stakeholders including customers, shareholders, employees, business partners, and society as a whole. We also work to maintain and develop healthy relationships with them through a variety of opportunities and methods.
Main Forms of Engagement with Stakeholders
|Main Stakeholders||Methods of Engagement||Objectives|
||Provision of high quality, high value-added products and services, response to feedback and requests, and provision of appropriate information on products and services|
||Timely and appropriate disclosure of information, acquisition of appropriate evaluation and support from capital markets, fair and highly transparent corporate management, appropriate return of profits|
||Active utilization of diverse human resources, provision rewarding work and workplace environment, proper treatment of workers, enhancement of occupational safety and mental health, positive labor-management relationships|
||Mutual development through provision of products and services that are useful to society, fair business relationships, smooth sharing of information, joint research and development, and CSR procurement|
||Compliance with laws and regulations, participation in industry-government-academia collaboration projects, participation in the community as a corporate citizen, contribution to technology development through support for research organizations, and enhancement of our activities through partnerships|
For more information, refer to the Our Approach to Sustainability, Sustainability Promotion System, and Stakeholder Engagement sections of the Sustainability Report.
- Basic Approach
- Activities Aimed at Raising Employees’ Sustainability Awareness
- Participation in International Initiatives
- Basic Approach
- Engagement with Employees
- Engagement with Shareholders and Investors
- External Evaluation