Taiyo Yuden Co., Ltd.TSE: 6976

Safety & Environmental Report 2025

· Issued by Taiyo Yuden Co., Ltd.

2025



Safety & Environmental Report



C O N T E N T S

Building Safety and Environmental Foundation

Safety and Environmental Management System

02

Safety and Environmental Audits

04

Safety and Environmental Risk Management

05

Employee Enrichment through Safety and Environmental Training

06

Environmental Accounting

07

Our Efforts toward Improving the Environment

Determining Environmental Impact of Corporate Activities

08

Achievement Levels for Medium-Term Environmental Targets

09

Curbing Global Warming

10

Efforts to Address Climate Change

12

Reducing Waste / Preserving Water Resources

16

Appropriate Management of Chemical Substances

18

Approach to Health and Safety Efforts

Achievement Levels for Medium-Term Occupational Health and Safety Targets

19

Efforts and Status

20

Editorial Policy

Why this Report was The Taiyo Yuden Group strives for perpetual

Published growth while fulfilling its corporate social re-

sponsibilities. We regard endeavoring to improve safety and the environment as an important social responsibility, so promote such activities on a global scale. Every fiscal year, we publish a Safety and Environmental Report presenting our goals, our efforts, major results, and other details in a comprehensive yet easy to understand format.

Intended Readership

This publication assumes a target readership consisting not just of customers and clients, but also local communities in the vicinity of our

sites, stockholders, investors, people involved in environmental activities or occupational health and safety, NPOs, NGOs, students, group employees, and a wide range of other stakeholders. We also publish this English version to make the contents available to readers overseas.

Referenced Guidelines

This report follows the Environmental Reporting Guidelines (2018 edition) issued by the Japanese Ministry of the Environment. We have listed the core indicators of environmental performance while referring to the GRI standard. Mixing in charts and figures, it outlines the Taiyo Yuden Group's environmental impact describes our management systems, spotlights current issues and reports on specific measures for improving that impact.

Publication on our Website

This report is published on the Taiyo Yuden website, in consideration of effective use of resources, etc. We hope that this report will help you gain a deeper understanding of our environmental, health, and safety activities, and be used as a reference for making an objective judgment of the Group.

Reference:The Taiyo Yuden website

https://www.yuden.co.jp

Scope of Disclosure

Organizations Covered

by this Report

This report covers TAIYO YUDEN CO., LTD. and its domestic and overseas subsidiaries.

Safety and environment data covers the following Taiyo Yuden Group members: six domestic sites, ten domestic consolidated subsidiaries, and six overseas consolidated subsidiaries.

[Within Japan]

TAIYO YUDEN CO., LTD.

Takasaki Global Center / Haruna Plant / Nakanojo Plant / Tamamura Plant / Yawatabara Plant / R&D Center /

(Hongo Photovoltaic Power Plant)

Consolidated Subsidiaries

TAIYO YUDEN CHEMICAL TECHNOLOGY CO., LTD.

/

TAIYO YUDEN TECHNO SOLUTIONS CO., LTD. / FUKUSHIMA TAIYO YUDEN CO., LTD. /

NIIGATA TAIYO YUDEN CO., LTD. / WAKAYAMA TAIYO YUDEN CO., LTD. /

TAIYO YUDEN Mobile Technology Co., Ltd. / Sun Vertex Co., Ltd. /

Kankyo Assist Co., Ltd. / ELNA CO.,LTD. /

(Elna Shirakawa Photovoltaic Power Plant)

[Outside Japan] Consolidated Subsidiaries

South Korea:KOREA KYONG NAM TAIYO YUDEN CO., LTD. China: TAIYO YUDEN (CHANGZHOU) CO., LTD. China: TAIYO YUDEN (GUANGDONG) CO., LTD. Philippines: TAIYO YUDEN (PHILIPPINES), INC. Malaysia: TAIYO YUDEN (SARAWAK) SDN. BHD. Malaysia ELNA (MALAYSIA) SDN. BHD. Thailand: ELNA (THAILAND) CO., LTD.

Period Covered by this Report

This Report focuses on our performance from April 1, 2024 to March 31, 2025. (Date of any activities which have taken place outside this period are specified).

Date of Issue

July 2025

(Previous issue: July 2024; Next issue scheduled for July 2026)

02

Safety and Environmental Management System 2-1

Our group-wide Safety and Environmental Management System keeps individual activities proceeding toward common goals under a common philosophy.

System Overview

This management system consists of long- and short-cycle activities.

In the long-cycle activities, which are designed for the entire group, we are making continuous improvements based on common goals and criteria by checking achievements based on reports about site audits and from sites and by reviewing the management system. For site-specific short-cycle activities, we have an ISO 14001-compliant management system and the Occupational Health and Safety Management System (OHSMS) in place.

Define Measure

Analyze

Taiyo Yuden Group Safety & Environment Charter

Continual Improvement

Improve

Each Site

Control

Group's Organization on Health & Safety / Environment

Group's Medium-Term Health & Safety/Envi-ronmental Targets

Operation and Operation Standards

Plan

Action

Safety & Environmental Management System

Accident & Performance Report

Management Review

Do Check

Public Disclosure

On-Site Safety & Environmental Audits

Response to

Legal Regulations and Major Risks

Group Safety & Environmental Documentation

Taiyo Yuden Management Philosophy CSR Charter and Code of Conduct

Promotion Structure

The officer in charge of safety and environmental affairs appointed by the President and Chief Executive Officer has overall responsibility for building and managing the promotion structure for Taiyo Yuden's Safety and Environmental Management System. Safety and Environmental MS Committee, the Environmental Promotion Committee debate and decide policies and issues to be addressed. Each manager of sites then converts his/her decisions into actual plans matching the characteristics of each site, and takes charge of publicizing, enforcing and promoting these concrete targets.

President and Chief Executive Officer

Decision-making body for the activities of the Safety and Environmental MS Discusses and decides the activity policies, targets, etc. for the Group as a whole

Safety & Environmental MS Committee

Officer in Charge of Safety & Environmental Affairs

Individual responsible for coordinating activities for the entire Group

Core organization responsible for discussing and examining reduction in GHGs, waste, and water

Environmental Promotion Committee

Safety & Environmental HQ

Department that promotes

the activities of the entire Group

Each Site of Taiyo Yuden

Domestic Affiliated Companies

Overseas Affiliated Companies

Decision-making body of each site

Subcommittees are established under the committee by theme.

The Health & Safety Committee investigates and deliberates on matters required by law.

Secretariat in charge of promoting activities of each site

Health & Safety Committee

Environmental Solutions Committee

Health & Safety Committee

Environmental Solutions Committee

Health & Safety Committee

Environmental Solutions Committee

Safety & Environment Promotion Secretariat

Safety & Environment Promotion Secretariat

Safety & Environment Promotion Secretariat

Each Division Each Division Each Division

  • MS stands for the management system.

  • HQ stands for Headquarters.

  • The Health and Safety Committee elects company and worker representatives.

03

Safety and EnvironmentalvManagement System 2-2

Certification Acquisition Status

The Taiyo Yuden Group is ISO 14001 certified for its production sites and development centers.

In addition, we address corporate responsibility in the global supply chain, and the group undergoes the Validated Assessment Program (VAP) audits by the Responsible Business Alliance (RBA) on a continuous basis in line with the set plan.

List of Certifications Acquired

Name of Sites

Location

Acquired ISO14001 Certification

Certification authorities

TAIYO YUDEN CO., LTD.

Takasaki Global Center,Haruna Plant, Nakanojo Plant,Tamamura Plant, Yawatabara Plant, R&D Center

TAIYO YUDEN CHEMICAL TECHNOLOGY CO., LTD.

Japan

TAIYO YUDEN TECHNO SOLUTIONS CO., LTD. FUKUSHIMA TAIYO YUDEN CO., LTD.

NIIGATA TAIYO YUDEN CO., LTD.

22046582 (as of Oct. 1998)

Collectively certified in Japan BV

WAKAYAMA TAIYO YUDEN CO., LTD.

TAIYO YUDEN Mobile Technology Co., Ltd.

Kankyo Assist Co., Ltd.

ELNA CO., LTD.

South Korea

KOREA KYONG NAM TAIYO YUDEN CO., LTD.

KR003545 (as of Mar. 2002)

BV

China

TAIYO YUDEN (GUANGDONG) CO., LTD.

CN042006 (as of Dec. 2001)

BV

Philippines

TAIYO YUDEN (PHILIPPINES), INC.

PH13/0920 (as of Nov. 2001)

SGS

TAIYO YUDEN (SARAWAK) SDN. BHD.

EMS00226 (as of Oct. 2002)

SIRIM

Malaysia

ELNA (MALAYSIA) SDN. BHD.

17318-E (as of Dec. 2003)

Kiwa

Thailand

ELNA (THAILAND) CO., LTD.

04 104 990506 (as of Mar. 2004)

TUV

04

Safety and Environmental Audits

Triple audits evaluate each site's compliance, accident risk management, and the environmental impact situation aimed at producing continuous improvement.



External Audits

ISO14001 certification audits by certification authorities

Sites with ISO14001 certification underwent the audits required to update or maintain such certification. These audits uncovered 10 nonconformities. The root causes were analyzed and corrective action was promptly taken in response to each issue. The nonconformities were minor issues related to the management systems and would not cause environmental pollution or occupational accidents.

Number of Nonconformity Instances Found with External Audits

Nonconformity Examples

Total : 10

7 DO



1 1 Details of nonconformities Corrective/remedial actions taken

▶

ACTION

PLAN

There were no materials that clearly show that the specialists had the competences

required.

The procedure was revised to ensure that the specialists have the competences required

and the parties concerned received training.

1

▶

CHECK

The storage of chemical substances by

Retraining was given to the contractor to

the contractor was inadequate. make sure that chemicals were stored in accordance with the rules and the status of compliance was examined on a regular basis.

Domestic sites: Once every two years Overseas sites: Once every three years

The RBA-VAP audits for FY2024 have been completed at 6 domestic sites and 2 overseas sites.



Internal Site Audits

Audits of site safety and environmental activities at regularly scheduled intervals allow us to compare sites.

In FY2024, we performed site audits to examine the status of compliance with customer requirements; the RBA code of conduct's safety, health, and environmental requirements; the status of implementation of the measures against safety and environmental risks; and the status of maintenance. In each audit, auditors checked documents and performed on-site audits on matters related to customer requirements/RBA requirements, such as risk management against potential hazards, management of required protective equipment, emergency preparedness, management of chemical substances, waste, and air/water quality, and education and training.

The audits revealed inadequacies including education and training, management of protective equipment, and management of safety risks.Countermeasures were implemented for validated inadequacies found during the site audits, and verified

its effectiveness.

We aim to improve the level of health, safety, and environmental protection activities for the whole group by globally incorporating societal requirements in a timely manner and sharing the results after benchmarking products from all sites.

Issue Examples

Though education and training were conducted, some participants did not understand adequately. The management of gas mask cartridges was inadequate.

There was a risk of stumbling over a package sticking out into a passageway in a warehouse and falling down.



Internal Audits

Audits targeting site departments on observance of safety and environment laws, target achievement, and performance.

Once or twice every year

All sites conducted internal audits of their departments in accordance with their management systems. Priority areas were determined for each site, and 25 nonconformities were uncovered as a result of conducting internal audits (at sites in Japan). Corrective action was completed in all cases without delay, and after a follow-up check, it was reported to the top

management that the management system has been effective in complying with the Taiyo Yuden Group's policies and goals.

Other Audits

On-site inspection of waste disposal contractors (Sites in Japan)

During FY2024, we inspected and audited 34 companies (14 collection, delivery, and intermediate processing companies; and 20 intermediate processing companies). The results showed that all inspected operators are processing and disposing of waste appropriately. The operators have also been classified into three ranks from the results of these inspections, with the frequency of future inspections varying depending on the rank of the operator.