Director Message

Aiming to Contribute to Realizing a Sustainable Society through Creation of Sustainable Products and Sustainable Factories

We recognize that, amid the changes in the global environment and increasingly serious social issues, corporate responsibility is becoming increasingly important. We aim to not only achieve business growth but also provide social value.

Since FY2023, we have adopted a system to certify "sustainable products": products and services that constitute solutions to one or more of our material issues—Responding to Climate Change and Contributing to a Recycling-Oriented Society; Contributing to Better Quality of Life; Providing Solutions in the Industrial Sector and thereby contribute to our business growth. We aim to increase the ratio of sustainable products to the Group’s total sales from the FY2024 level of 24% to 31% in FY2027. Sustainable products certified thus far include light-powered or mechanical watches made of sustainable raw materials, such as recycled and certified materials, in the Watches Business, as well as low-frequency vibration (LFV) technology-equipped products in the Machine Tools Business. Such products have driven our business growth.
Furthermore, since FY2019, we have been promoting Group-wide initiatives to establish "sustainable factories" toward FY2030. The term "sustainable factories" denotes sustainable production facilities and offices that comprehensively address not only the reduction of their environmental impacts but also compliance, human rights, labor practices, business continuity planning (BCP), and productivity enhancement. With a view to achieving our 2030 targets, including reducing CO2 emissions, establishing human rights due diligence, and achieving zero violations of the Quality Code of Conduct, we will promote our initiatives to contribute to a sustainable society and strengthen our management foundation, with the Sustainability Committee monitoring the progress and adjusting our path forward as needed.

The CITIZEN Group aims to enhance its corporate value through appropriate disclosures and close communication with its stakeholders. We would appreciate your continued understanding and support.

Keiichi Kobayashi
Director
in charge of the Public & Investor Relations Department,
Sustainability Development Department,
Development Division, and Intellectual Property Division