CSR Basic Principles

Fujikura Group 's Corporate Philosophy MVCV states, "Fujikura Group creates value for customer and contributes to society through its "Tsunagu" Technology™," and bases its sustainability activities on ISO 26000, the international standard for social responsibility.

Fujikura Group 's CSR Philosophy, Basic Principle, and Activity Guidelines

Fujikura Group CSR Philosophy

Fujikura Group believes that the corporate social responsibilities the Group should follow are comprised of activities required for sustainable corporate management and activities for the establishment of a sustainable society, based on Fujikura Group's Corporate Philosophy (MVCV).

Fujikura Group CSR Basic Principles

Fujikura Group aims to be a company that society expects to grow and develop, and to serve as a bridge to a prosperous future for people, society, and the global environment through its "Tsunagu" Technology™. To this end, we have defined four priority areas for fulfilling our social responsibilities in all aspects of our corporate activities, and we comply with the laws and regulations of each country and region, as well as international rules, and each Fujikura employee will be aware of their role as a member of society and act with social conscience.

[Four Focus Areas]

Sincere corporate activities
Concern for the environment
Respect for people
In harmony with society

Fujikura Group Activity Guideline

1. Sincere Corporate Activities
1. (1) We conduct corporate activities sincerely, complying with all relevant laws and regulations in the various counties and regions we operate in good faith. We conduct ourselves with a sense of ethics and social decency, recognizing ourselves as members of society.
2. (2) We work on maintaining and improving customer satisfaction by providing useful, safe and high-quality products and solutions from the viewpoint of customers.
3. (3) We conduct fair and transparent transactions in free and open competition.
4. (4) We maintain a healthy and normal relationship with politics, governments, citizens and various organizations.
5. (5) We manage and protect thoroughly information related to the Fujikura Group and its customers.
2.Consideration of the Environment
1. (6) We set voluntary management standards and work on maintaining and improving them, while complying with environmental regulations of the various countries and regions we operate in.
2. (7) We promote reducing our environmental burden in all business activities ranging from developing, designing, procuring, manufacturing, constructing to selling, distributing and disposing products, aiming to develop a sustainable society in harmony with the global environment.
3. (8) We promote environmentally friendly technological innovations and manufacture environmentally friendly products, while providing customers with information on appropriate ways of use, recycling and disposal of products.
4. (9) We contribute to society widely, actively participating in environmental preservation activities in the various countries and regions we operate in.
5. (10) We work on preserving the ecosystems, recognizing the importance of biodiversity in the global environment.
3.Respect for Human Beings
1. (11) We secure the safety of all people involved in corporate activities of the Fujikura Group to maintain and improve the working environment.
2. (12) We aim to create a comfortable workplace, where all employees can fully demonstrate their initiatives and creativity, without discrimination.
3. (13) We work on providing employees with opportunities equally and do all we can to assist them in maintaining their work-life balance.
4. (14) We respect the rights of all people and never allow human rights violation, including forced labor and child labor.
4.In Harmony with Society
1. (15) We make social contribution actively, respecting the cultures and customs of the various countries and regions we operate in.
2. (16) We work on maintaining and developing healthy relationship with all stakeholders by broadly communicating with them.
3. (17) We disclose corporate information actively on a timely and appropriate basis.

Sustainability Management System

Fujikura Group has been promoting this initiative since fiscal year 2009 under a management system centered around Fujikura Group CSR committee.
In recent years, with the increasing societal demand for action on climate change, and with ESG investing by institutional investors becoming mainstream, it has become crucial for companies to aim not only for social responsibility (CSR) but also for sustainable growth (sustainability) based on ESG activities.

To incorporate this ESG perspective into our management plan and achieve enhanced corporate value and sustainable growth (sustainability), we have established a Sustainability Promotion committee (hereinafter referred to as "this committee"), which is an evolution of our existing CSR committee. Based on Internal rule, we are working to improve our sustainability governance. This committee is responsible for reporting, discussion, and information sharing for the purpose of formulating sustainability strategy that incorporate the ESG perspective requested by stakeholder, and for monitoring and supervising the execution of those strategies. The chair of this committee is Director, President and CEO, and it is composed of Executive Directors and Executive Officer.

This committee monitors the progress of Sustainability Goals 2025 (FY2021-FY2025), shares sustainability requirements from customer, institutional investors, ESG rating agencies, etc., and considers countermeasures. It also monitors and supervises business operations regarding Fujikura Group's medium- to long-term sustainability strategy and materiality through reporting, discussion, and information sharing. Climate change governance is overseen globally by the Global Environment committee (the chairperson of the committee by the Environmental Officer), which is the Environmental Aspect Subcommittee of this committee. Furthermore, a Human Rights Working Group was newly established in FY2025 to advance human rights initiatives.
The sustainability strategy and measures discussed by this committee are reported to Board of Directors' Meeting and Executive Management Council.

Materiality within Fujikura Group

In 2021, Fujikura Group established a system of materiality that added F (Financial and Future Potential) to ESG (Environmental, Social, and governance), and compiled key measures and achievement targets into "Sustainability Goals 2025," which have been used as guideline for management and business operations.
Five years have passed since its establishment, and in order to reflect environmental changes, shifts in management policy, and expectations from stakeholder, we have been discussing revisions to the "Fujikura Group Materiality" within the Sustainability Promotion committee, in order to revision the materiality not only in the CSR area but also in business itself. Subsequently, after approval by Board of Directors' Meeting, revision was completed in May 2026.

Background and History of the Revision Materiality

In its 2028 Mid-Term Plan, Fujikura Group aims for further transformation and growth, positioning this as the start of its "fourth founding," and has revamped Corporate Philosophy "MVCV." Under the mission of "Contributing to customer value creation and society through "Tsunagu" technologies," the company has formulated the vision of "Contributing to the realization of a digital society and carbon neutrality through global Monodukuri capabilities," and has defined the core values that Fujikura employee cherish as Innovation, Motivation, and Communication.
Click here for more details on Corporate Philosophy "MVCV"

Materiality is defined as an issue to which management resources should be prioritized, based on a medium- to long-term perspective that looks ahead to society in 2035, with the realization and implementation of MVCV (Minimum Viable Value) in mind. It is organized along two axes: business activities that contribute to solving social issues (business materiality) and the foundation that supports sustainable growth (foundation materiality). Foundation materiality supports business materiality, and the two are positioned as interconnected and should be addressed together.

With the achievement of the SDGs by 2030 in jeopardy and the reduction of GHG emissions becoming an urgent global issue, we have established "the development of a digital society" and "the realization of carbon neutrality" as the pillars of Fujikura business materiality, in order to contribute to the realization of a sustainable society through "Tsunagu" technology. In addition, we have established "management foundation," "Monodukuri capabilities," "human resource," and "social responsibility," which are essential for business continuity, as the pillars of our foundational materiality.

Through our efforts to address identified material issues, we aim to maximize corporate value and contribute to customer value creation and society through "Tsunagu" technologies.

The framework of Fujikura Group 's materiality

Business Materiality

Under the DNA of "pioneering spirit" and "Fujikura, a Technology Leader," Fujikura Group contributes to the "development of the digital society" and the "realization of carbon neutrality" through connecting technologies. We deeply understand our customers' challenges and, together with them, provide products and services that address societal challenges.

Foundational Materiality

Fujikura Group has Monodukuri to strengthen its "management foundation," which is essential for the continuation of the group's business and the foundation that supports sustainable growth; improve its "manufacturing capabilities" and "human resource" based on its "pioneering spirit" and "stakeholder Fujikura, a Technology Leader"; and pursue "social responsibility" aimed at coexistence and mutual prosperity with stakeholders.

Sustainability Goals 2025 (Initiatives and Achievements for FY2021-2025)

The following outlines the concept and formulation process for Sustainability Goal 2025, which was positioned as an initiative to be implemented by fiscal year 2025.
The Sustainability Goals 2025 (FY2021-2025) were established with a focus on aligning with Fujikura Group 's long-term vision (2030 Vision and Fujikura Group Environmental Long-Term Vision 2050). Based on ESG (Environment, Social, and governance) factors, and incorporating F (Financial and Future Potential) from a double materiality perspective, materiality was defined, and key measures and achievement targets were compiled. This content was deliberated and approval by the Sustainability Promotion committee (formerly the Sustainability strategy Council) and is used as guideline for management and business operations.

With stakeholder inclusivity in mind, we conducted evaluations and analyses from two perspectives: "stakeholder concerns" and "impact on Fujikura's business."
As a result, we have set three items in F (Financial and Future), five items in E (Environment), three items in S (Social), and five items in G (governance), and we evaluate our targets and achievements annually to achieve our goals for fiscal year 2025. Progress toward our targets is published annually in our integrated report and on our ESG website.

List of Sustainability Targets 2025

Theme	Priority Measures	FY2025 and Future Goals			Main Achievements for Fiscal 2024
F = Financial Future	"Tsunagu" Solution By providing Comfortable and sustainable "Future" society Resolve issues and Continuous Increase corporate value	Explore new business in the four areas envisioned in the 2030 Vision	① Evolution and development of core technologies in existing business	Developing products and services with high social value by advancing core technologies sales products and services with high WTP (Willingness To Pay)	We are working closely with customer to develop multi-core fibers and fiber lasers. For fiber lasers, we have begun exploring new applications together with customer, such as processing difficult-to-process materials.
			②Exploring new technologies and business fields	Considering open innovation In addition to selling products, we are exploring business that sell services.	In order to quickly commercialize fusion energy (fusion energy power generation), we will strengthen the production capacity of high-temperature superconducting wires, which are important parts. In the midst of international initiatives, we will contribute to the development of high-temperature superconducting wires by responding to their increasing demand, leading to new business as Fujikura
	To the global environment Considered Safe to use Product Development	By 2050, replace all Fujikura products with environmentally friendly products (green products)			Achieve a sales ratio of environmentally friendly products of 67%
		Expand green product creation activities to all group companies by 2030			Discussions have begun in the Global Environment committee. We have begun to grasp the current situation and identify issues in preparation for institutionalization.
	Data and Digital technology Utilized Improving the efficiency of existing business and New Business Model Creation	DX at manufacturing sites (smart factories, AI utilization)			In order to expand the scope application of AI inspection, we will expand existing AI inspections to new models and continue developing the AI inspection system for SWR^™.
	[Challenge 1] Total CO₂ emissions from factories “2050 Zero Challenge"	Reducing CO₂ emissions	Scope: SBT certified boundary	FY2025 target: Reduce by 16.5% or more compared to FY2020 (289,000 tons/year or less) FY2030 target: 2050 target: Factory	31% reduction (compared to fiscal 2020) against the fiscal 2024 target of at least 13.2% reduction
		Improving production efficiency (promoting energy conservation)	Scope: Fujikura Group (domestic and overseas)	Energy consumption: Improve by 5% or more compared to fiscal 2020 by fiscal 2025	7.7% improvement from last year, but still falls short of target
		Improving product Butsuryu efficiency	Scope: Fujikura Group (domestic)	Energy intensity in product Butsuryu: Improve by 5% or more compared to fiscal 2020 by fiscal 2025	The target for fiscal 2024 intensity was achieved at 60.9, a 1% decrease from the previous fiscal year.
	[Challenge 2] Engineering Minimize water use on site and drainage pipes	Contributing to reducing water risks	Water usage per unit: Improve by 5% or more compared to fiscal 2020 by fiscal 2025		Due to increased water usage resulting from increased production, the target of 4% improvement for fiscal 2024 (compared to fiscal 2020) was not achieved, with an improvement of 0.1% (Japan).
	[Challenge 3] Engineering Coexistence of people and nature raw	Make effective use of the natural environment within business premises and contribute to the expansion of biodiversity			No environmental accidents occurred Started collecting information from overseas bases Environmental audits were conducted at 16 domestic bases.
		Promoting local natural environment conservation activities
	[Challenge 4] Capital Effective use of resources and Source circulation	Reduce resource input and promote efficient use of resources	Scope: Fujikura Group (domestic and overseas)		Amount of recycled materials used: Achieved 10,759 tons compared to the target of 10,000 tons (domestic)
		Reducing disposal generated from business activities	Scope: Fujikura Group (domestic)	disposal emissions per unit: Improve by 5% or more compared to fiscal 2020 by fiscal 2025	Achieved 11.5% improvement compared to the target of 4% improvement (compared to fiscal 2020) (domestic)
		Achievement of zero disposal emissions	Scope: Fujikura Group (domestic)		The landfill rate was 0.8%, failing to achieve the goal of zero landfill and simple incineration (domestic)
	Climate Change Governance Construction of a system (TCFD correspondence)	Understanding climate change risks and opportunities Understand strategy and financial impact			Disclosure of information in accordance with the TCFD framework in securities reports and integrated reports strategy analysis of each business has been conducted, and quantitative financial impact is currently being considered.
S = Society	Workplace satisfaction reform ( Strong engagement )	Each Fujikura employee grows as a person through self-actualization and is fulfilled both personally and professionally.		Improving Fujikura employee' willingness to contribute voluntarily Creating an environment for work styles that are not bound by time or place Improving motivation through health management Improving labor productivity	Telework usage rate: 43.8% (Fujikura) Certified as a 2025 Health and Productivity Management Excellent Corporation (large corporation unit)
	Globally Can be active Human Resource Development	All Fujikura Group Fujikura employee are active with a global perspective		organization culture where the growth of the company and Fujikura employee are synchronized Developing, discovering, and acquiring human resource to lead innovation Support for independent career development and provision of growth opportunities organization Fujikura employee recognize and encourage each other (respect for individuals and trust)	Percentage of employees with overseas experience among general employees: 19.7% (Fujikura) Voluntary training attendance: Total number of test takers (taking TOEIC and other tests, online English conversation/video learning services, external courses, correspondence courses, etc.): 1,534 (Fujikura) *1,327 in FY2023
	Diversity & Inclusion (Consideration for Fujikura employee human rights)	human resource with diverse backgrounds and ways of thinking are active		Goals (by fiscal 2025) Ratio of female managers: 5.6% or more (Fujikura) Ratio of female section chiefs: 16.0% or more (Fujikura) An environment where diverse individuals can thrive Providing career opportunities regardless of nationality, race, gender, religion, age, etc. Consideration for physical or sexual minorities	Ratio of female managers: 5.1% (Fujikura) Ratio of female section chiefs: 19.5% (Fujikura) Employment rate handicapped person: 2.74% (domestic)
G= Governance	Improving the effectiveness of Board of Directors' Meeting	Improving the effectiveness of Board of Directors' Meeting and strengthening its supervisory function To increase transparency and fairness in management and to promote swift decision-making Ensuring diversity on Board of Directors' Meeting Overseeing the formulation and implementation of succession plans Appropriate supervision of development plans			Conducted analysis and evaluation of Board of Directors' Meeting effectiveness evaluation survey by a third-party organization Management human resource pool operation: 136 people participated in the management human resource development program (Fujikura) *Cumulative total number of people who have taken this program since 2020
	Group Corporate Philosophy MVCV in practice	Realizing the Group Corporate Philosophy through the implementation of the new Standards of Conduct			In fiscal 2024, we will continue to develop workplace evangelists and provide training for each employee level, with the aim of implementing MVCV with the participation of all Fujikura employee. Also implemented at domestic group companies and FEL
	Group governance Building a (risk management Strengthening)	Establishing a risk management system that contributes to strategy management and risk control (PDCA) Strengthening investment management			Implement the "Group Governance Basic Policy" established in fiscal 2023 to major group companies
	supply chain Management (Responsibility) Responsible mineral sourcing nothing)	Establishment of supply chain management that takes social issues (child labor, forced labor, etc.) into consideration Establish a system for responsible mineral procurement (due diligence system for cobalt, mica, etc., focusing on 3TG) Zero complaints from external parties such as NGOs (or prompt corrections when complaints are received) Collaboration with other companies (learning from other companies' efforts and applying them to Fujikura's own efforts)			Conducted a supply chain survey of 114 suppliers and provided feedback to business partners Partners meetings held in Tokyo, Shanghai, and Bangkok with a total of 351 companies participating revision CSR Procurement guideline to comply with RBA Code of Conduct ver. 8 and notified business partners
	security export control Thorough	Enhanced Export Control compliance Compliance		Improving the effectiveness of export control audits	No serious breach of laws and regulations Conducting export control audits including domestic and overseas group companies