Yamaha Issues Its CSR Report 2006 (English Version) |
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Yamaha Corporation (Head Office: 10-1, Nakazawa-cho, Hamamatsu-shi, Shizuoka; President: Shuji Ito) issued its CSR Report 2006 (English Version) on October 30. The report describes Yamaha’s accomplishments in fiscal 2005 in the areas of social contribution and environmental preservation activities. To promote communication with Yamaha stakeholders, the report provides information on a broad range of corporate social responsibility (CSR) activities of the Yamaha Group both in Japan and overseas. In previous years, Yamaha has published an Environmental and Social Report, but the name of this year’s report has been changed to CSR Report, and it is the seventh in this annual series.
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| Outline of CSR Report 2006 |
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| 1. |
The report introduces the initiatives that Yamaha is taking with respect to the four stakeholder groups specified in its corporate philosophy: Customers, shareholders, those who work with Yamaha, and society. |
(1) Initiatives for Our Customers
To give its customers wholehearted satisfaction, Yamaha works to offer top-quality products and services. The CSR Report 2006 addresses a range of related topics, including Pursuing Quality in Our Products, Enhancing the Customer Support System, and Catering to Customer Needs for Products and Services.
(2) Initiatives for Our Shareholders
Yamaha aims for a high level of transparency in its management, maintaining a sound performance, providing an appropriate return to shareholders, and gaining the understanding and satisfaction of shareholders through proper information disclosure. Related topics addressed in the report include Strategy for Returning Value to Shareholders and Retaining Earnings, Communicating with Shareholders and Participation in Socially Responsible Investment Funds.
(3) Initiatives for the People Who Work with Yamaha
Yamaha endeavors to implement initiatives and systems that enable all its employees and the people who work with us to use their abilities to the fullest extent, grow, and become prosperous together. Related topics in the report include Employment, A Personnel and Educational Training Systems, Evaluation and Recognition Systems, Creating a Supportive Work Environment, Employee Safety and Health First, Agreement with Labor Union, and Fair Treatment of Partners.
(4) Initiatives for Society
As a music-centered enterprise and as a good corporate citizen, Yamaha also contributes to society by offering venues and opportunities for people to encounter the enrichment and inspiration that music gives. Among these activities, this year’s report focuses especially on introducing music-related initiatives overseas in the Americas, Europe, Asia outside Japan, and elsewhere.
| 2. |
The CSR Report 2006 also introduces Yamaha’s environmental preservation initiatives. The principal activities in this area include: |
(1) Environmental Accounting
Among environmental costs of the Yamaha Head Office, its manufacturing plants in Japan, and the production facilities of other members of the Yamaha Group in Japan, environmental equipment investment amounted to ¥380 million (a reduction of ¥480 million from the previous fiscal year). Environmental expenses were ¥2,770 million (¥10 million lower than for the previous fiscal year).
The environmental effects of these investments and expenditures included a reduction in the volume of water consumption and the volume of final disposal to landfill declined. However, the volume of CO2 emissions was virtually the same as for the previous fiscal year. Along with the promotion of recycling and separation of wastes disposed, gains from the sale of valuable wastes increased, resulting in income of ¥80 million.
Environmental costs at all six of Yamaha’s resort facilities comprised environmental equipment investment of ¥40 million and environmental expenses of ¥430 million. The environmental conservation effects of these investments and expenditures were reductions in CO2 emissions and the volume of water consumed, but as a result of the increase in energy prices, the overall economic effect was minus ¥70 billion.
(2) Acquisition of ISO 14001 Certifications
In fiscal 2005, the Tokyo Office, one of Yamaha’s main sales offices, acquired ISO 14001 certification. In addition, the Osaka Office and Nagoya Office began activities to acquire ISO 14001 certification and are scheduled to receive their certifications in October 2006. All of Yamaha’s domestic and overseas production plants (28 plants of 26 Group companies) and all of its resort facilities (6 in total) have already acquired ISO 14001 certification.
(3) Making Environmentally-Friendly Products
The report introduces Yamaha’s initiatives in its electronic musical instrument and AV/IT product businesses to comply with the European Union (EU) RoHS* Directive and the transition to use of lead-free solder in the wind instrument and certain other businesses.
* RoHS: The Restriction of Hazardous Substances (RoHS) Directive is a set of regulations issued within the EU restricting the use of specified hazardous materials in electric and electronic devices. Products containing six specified materials (lead, mercury, hexavalent chrome, cadmium, polybrominated biphenyls, and polybrominated diphenyl ether) cannot be sold after July 1, 2006.
(4) Environmentally-Freindly Production and Logistics
The Yamaha Head Office and its production plants in Japan achieved zero emissions of waste materials at the end of May 2005 and completely eliminated the use of hydrochlorofluorocarbons (HCFCs) in its production processes in April 2005.
The status of principal indicators of environmental preservation at the Yamaha Head Office, its manufacturing plants in Japan, and the production facilities of other members of the Yamaha Group in Japan were as follows: |
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| CO2 emissions |
106,000 tons of CO2 |
Same as in the previous fiscal year |
| Emissions of greenhouse gases other than CO2 |
17,000 tons |
An increase of 3,000 tons from the previous fiscal year |
| Emissions of PRTR-designated substances |
143 tons |
A decline of 15 tons from the previous fiscal year |
| Volume of final disposal to landfill |
400 tons |
A decline of 700 tons from the previous fiscal year |
| Landfill waste rate |
1.8% |
A decline of 4.3 percentage points |
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Specifications of the report:
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28 pages in length printed on A4-size paper (with a 12-page section containing environmental performance data bound into the report)
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Printed on Forest Stewardship Council (FSC)-certified paper, printed with soy-based ink, and printed with a waterless method that does not emit harmful substances during the printing process |
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For further information:
Yamaha Corporation
Public & Investor Relations Group,
Public Relations Division
17-11, Takanawa 2-chome, Minato-ku,
Tokyo 108-8568, Japan
TEL. +81-3-5488-6601
FAX. +81-3-5488-5060
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