TDK Group’s Sustainability Vision
Various issues exist in the society surrounding the TDK Group, including environmental problems, such as climate change, energy, and the exhaustion of resources, and social problems, such as aging and the digital divide. TDK will contribute to the solution of these problems and the building of a sustainable society for future generations.
As well as aiming to solve social problems through our business on the basis of our corporate philosophy, which is our fundamental stance, we have formulated a new TDK Group’s Sustainability Vision. This vision proclaims that by fully utilizing TDK’s proprietary core technologies and solutions, we will “Advancing the development of a sustainable society and promoting well-being for all people.”
In the formulation of this vision, we again assorted the social environment surrounding us from a long-term perspective and studied the potential of the TDK Group’s strengths and resources. In the process, we heard the opinions of not only management but also external experts.
From now on we will share this vision throughout the Group, put it into practice in our business, and consider and implement specific measures toward the realization of a happy society.
Contribution to Sustainability Through Business
In “Value Creation 2020,” the TDK Group’s Medium-Term Plan, we aim to contribute to society by creating the three values making up corporate value―namely, Commercial Value (execute growth strategy), Asset Value (improve asset efficiency), and Social Value (enhance enterprise value)―and, as a result, to grow our business.
Among these, we believe that Social Value―in other words, aiming to realize a sustainable society and company―is the starting point of the cycle toward other value creation. It means nothing other than practicing the Sustainability Vision’s goal of realizing a “Advancing the development of a sustainable society and promoting well-being for all people.” and is also consistent with our corporate motto.
By further strengthening our unique competitive advantages ((1) material and process technologies, (2) customer base, (3) strength in diversity, (4) global business bases, and (5) integrated production) and promoting our Medium-Term Plan, which incorporates the thinking of this Sustainability Vision, we will endeavor to contribute to sustainability through our business.
TDK’s Priority Markets and Social Issues
In anticipation of social and industrial changes from now on, the TDK Group targets mainly the automotive, ICT (information and communication technology), and industrial and energy markets. In these markets, in addition to technological changes and the diversification of customer needs, efforts are required to solve issues and create new values toward the realization of a sustainable society.
Main social issues in TDK’s priority markets
- Traffic accidents
- Exhaustion of resources (scarce resources)
- Atmospheric and environmental pollution
- Explosive increase in amount of information
- Privacy and leakage of personal information
- Acceleration of urbanization and depopulation
- Industrial and Energy
- Climate change (increased use of fossil fuels)
- Decrease of energy loss (highly efficient use of energy)
- Exhaustion of resources
In response to these issues, TDK, as stated in our Sustainability Vision, aims to “Advancing the development of a sustainable society and promoting well-being for all people.”“ by creating new values required by customers through the dual provision of solutions based on the idea of Kotozukuri (integrated solutions) and our trademark Monozukuri (manufacturing excellence).