Sanken's Corporate Philosophy and CSR/ESG
Initially, in 1946, the "Declaration of Foundation" set out "Contribution to the Development of Industry, Economy, and Culture," and in its "Management Philosophy," its mission was to provide optimal solutions including power electronics and its surrounding areas, with semiconductors as its core business, and it will contribute to the development of industry, economy, and culture around the world. The philosophy has been passed on to the present.
Through the implementation of this "Management Philosophy," we are promoting "ESG-based management" from the viewpoints of "Relationship with Society," "Strict corporate management," and "Global environmental preservation," with contributing to society as the axis of our CSR activities.
To further advance these initiatives, we are implementing specific measures in the medium-term management plan.
Implementation of Medium-Term Management Plan
In April 2021, our Group launched a three-year medium-term management plan (21 Medium-Term Management Plan).
We recognize that the 21 Mid-Term Management Plan is a three-year period in which we will complete our structural reforms, realize our growth strategy, and present the results as numerical values.
Our thinking about this medium-term plan is expressed in the slogan "Power Electronics for Your Innovat!on."
For each employee to innovate in order to innovate our customers,
and for the innovation of society,
Sanken Electric Becomes a Company that Contributes through Power Electronics
This is our intention.
Specifically, on the business front, we will differentiate ourselves through speed and execution capabilities, pursue innovative manufacturing, ensure global competitiveness by establishing a robust value chain, strengthen marketing in growth markets, and build a global sales strategy. Through these efforts, we will expand sales and profits of products that meet the needs of future markets, where electrification and digitization are accelerating. In terms of our corporate culture, we will promote work style reforms and digitization, conduct constant reforms, respect diversity, and form an organizational culture that builds trust from our stakeholders.
Development of ESG Management
It is becoming increasingly difficult to anticipate changes in the times and the environment, such as globalization, digitalization, increasingly severe disasters, increasing demands for global environmental protection, responding to diversity, and responding to COVID-19 In order to "harmonize the creation of social value with the creation of economic value" in response to these changing times, we believe that the importance of steadily implementing "ESG management" that integrates business activities with the enhancement of social existence value as a company is increasing.
＜Our Approach to ESG＞
Through these efforts, we believe it is our ESG management to be a company that is more valuable than ever to contribute to the development of industry, economy, and culture, and to create a company in which each and every employee can be respected and feel a sense of growth with employees and local communities.
2022 Mar.
SANKEN ELECTRIC CO., LTD.
President and Representative Director
Hiroshi Takahashi