TCFD Response

In March 2022, Tokyo Seimitsu expressed its support of the recommendations of the Task Force on Climate-related Financial Disclosures. We consider rising temperatures, increasingly severe natural disasters, and other phenomena caused by climate change to pose a major risk to our business as well. On the other hand, we believe that addressing climate change will lead to increased corporate resilience and product competitiveness, as well as provide opportunities for business expansion. We will analyze the risks and opportunities that climate change poses to our business, share and work to unfold issues, and promote the disclosure of climate-related financial information based on the TCFD framework.

TCFD Response

* See the latest information on our Website


The Tokyo Seimitsu Group considers climate change a major business threat.

The Sustainability Committee discusses ways to control risks and opportunities related to climate change issues and reports results of the discussions to the board of directors on a regular basis. The Sustainability Committee is chaired by the Representative Director & CEO. Its activities are reported to the semiannual Sustainability Promotion Meetings, and the report is submitted to the Board of Directors if deemed necessary by the Chairman. The board members collect information and deepen their knowledge through various opportunities and means to grasp the ever-shifting climate change situation. The Board of Directors share the issues of risks and opportunities related to climate change, discuss goal management and problem solving, and plan to outline our medium- and long-term GHG (Greenhouse Gas) reduction policies through TCFD Response Projects in the future.

Sustainability Committee

The Sustainability Committee is responsible for arranging, formulating, planning, and implementing sustainability activities, specifically promoting the following activities.

Formulation of basic policy, operational framework, and goals as well as monitoring of information

Establishing and managing plans and projects

Summarization of information, reports to the Board of Directors, etc.

Matters related to various reports and information disclosure

Convening and operating a sustainability promotion council

About projects for responding to TCFD

These projects are led by the Sustainability Committee and attended by the related personnel of the production, sales, and management departments. Members of the projects research
and discuss climate change and submit reports to the Committee periodically.

Governance Structure

Governance Structure

Risk Management

The projects for responding to TCFD research and discuss climate change-related risks (transitional/physical). They submit reports to the Sustainability Committee on a regular basis and whenever there is an urgent need to do so. Risks considered to affect business are relayed immediately from the committee to the board of directors for judgment. Such information is also shared with the Risk Management Committee, which is responsible for business risk management, to ensure that appropriate measures are implemented on a company-wide basis.


We conducted a Scope1 and Scope2 emissions analysis of Tokyo Seimitsu’s domestic businesses. We will continue to monitor the GHG emissions of Group companies in Japan and overseas, and plan to respond accordingly. In the future, we will investigate the Scope3 emissions, including those of suppliers.

Since future projections are highly uncertain and difficult to analyze, we examined GHG emissions based on multiple scenarios. International public opinion is moving toward the view that a 2℃ scenario response is insufficient, so we conducted our analysis with a 1.5℃ scenario in mind. However, as a 1.5℃ scenario response would dilute our awareness of physical risks, we also assumed a business environment under the 4℃ scenario, the level to which temperatures would rise if current economic activity were to continue.

* Reference scenarios
1.5℃ scenario : [IEA] NZE, 1.5℃ special report [IPCC] SSP1-1.9
4℃ scenario  : [IEA] STEPS [IPCC] SSP2-4.5, SSP3 - 7.0

In addition, based on the results of the analysis of environmental risks and opportunities, we decided on the following actions to be taken in the medium- and long-term bases.


Organize and address the overall picture of climate change (including internal management system and disclosure of Scope1 and Scope2 emissions reductions)


LCA Scope3 (including coordination with customers and suppliers)


Exploration of new business areas


BCP enhancement, starting with our response to climate change

Scenario Risks
   Event  Assumed Business Environment Financial Impact Emergence Timing
Regulations Carbon pricing
Rises in costs of materials, equipment, energy, transportation, etc. due to the introduction of a carbon tax
Restrictions on product exports due to the introduction of a carbon border tax
▲▲▲ Medium term
Use of EVs
 Decrease in demand for the conventional business and products (measuring instruments for internal-combustion engine parts)
▲▲ Medium term
Decarbonization premiums
Decarbonization resulting in surges in material costs, difficulty in procurement, and extra costs being incurred to procure alternative products
Difficulty in procurement of non-fossil energy and rise in procurement costs
▲▲ Medium term
Reputation Delayed decarbonization efforts
Delays in climate change action and other ESG efforts affecting financing and business relationships
Medium term
Use of EvsElectrification/digitalization
Growing demand for measurement of new EV materials and parts Increased use of semiconductors leading to increased production capacity
▲▲▲ Medium term
Growing renewable energy markets
Growing demand for measuring instruments due to expanding renewable energy markets
Long term
Resource efficiency energy Production equipment
Energy-saving measures in factories (equipment and processes) and recycling ofresources leading to increase productivity and meet the customer need for decarbonization
Short term
Products services
Low-carbon products and services
Enhance the product reputation and competitiveness on the market by reducing environmental impact from the LCA perspective
Meet the customer need for lighter products (increase demand for measuring products)
▲▲ Short term
Risks Physical(acute)  Extreme weather events
Increase in risk control (BCP) costs
Disaster-caused physical damage and recover costs
Disaster-caused business operation suspension (of the company or suppliers)
▲▲▲ Medium term
Opportunities Resilience Disaster response
Stable supply of products and services during disasters to help customers maintain their production  systems
▲▲ Medium term

Legend : Financial Impact: ▲▲▲ Large, ▲▲ Moderate, ▲ Small Emergence Timing: Short term 2022-2024, Medium term 2025-2029, Long term 2030-

Indicators and Goals

By 2030, we aim to reduce our CO2 emissions by 50% compared with fiscal 2018 levels.
At time same time, it is expected that the demand for semiconductors will continue to expand in the future. To meet these needs, the Tokyo Seimitsu Group is planning to expand production capacity. Although energy consumption is thus expected to increase, we will promote decarbonization efforts by utilizing low-carbon energy sources, including renewable energy, in addition to mounting energy conservation efforts.

Toward the Reduction of Greenhouse Gas Emissions

Since the majority of greenhouse gases (GHG) emitted by the Company are from the CO2 equivalent of electricity purchased to operate its plants. As a global warming prevention measure, we are focusing on activities for conserving electricity.

Result CO2 Emissions and Targets for FY2023

Previous five-year plan  Previous five-year plan
FY2018 FY2019 FY2020 FY2021  FY2022 FY2023 (plan) 
Emissions (t-CO2) 12,312 11,982 9,524 8,191 8,257 10,900
Electric power used (MWh)  25,765 25,448 28,843 29,835 29,546 35,580
CO2 emissions
production volume intensity
(t-CO2/million yen)
0.160 0.191 0.129 0.080 0.074 ー 

Organizations covered Tokyo Seimitsu Co., Ltd. (non-consolidated basis)
* In 2021, we revised our reduction target and extended the period by one year.