Message from the President

We would like to thank you for your continued support and cooperation with Senshu Electric's business activities. We would also like to express our heartfelt sympathy to the victims of the Noto Peninsula earthquake in January 2024 and the flooding in the summer that followed. We have continued to make steady progress in our environmental activities in 2024 in accordance with our Quality and Environmental Policy. For details, please refer to our Integrated Report.

It is important and meaningful for many countries, companies, and people to take actions consistent with the environment and climate change, starting with the Kyoto Protocol in 1997, followed by the “Proposal to Halve Greenhouse Gas Emissions by 2050” at the 2007 Heiligendamm Summit in Germany, and the “Paris Agreement” in 2015. It is a fact that the agreement to reduce greenhouse gas emissions to virtually zero by the latter half of the century, which was reached over a period of several years, is the basis of our current activities. The current activities are based on the following trends: from incandescent lamps to LEDs, from cathode-ray tubes to LCD TVs, development of various renewable energies, development of battery technology and the shift from gasoline-powered cars to electric cars, and so on. These have been advanced by developed countries, including Japan, leading developing countries.

The problem with this change of administration in the U.S. is that the new administration will be withdrawing from these global agreements, but the issue of climate change is a turning point in history, and I don’t think the circumstance of any one country, even a major power, can stop this flow.

I also went on a business trip to India in January 2025, and felt that the momentum for CO2 reduction in emerging countries is growing stronger. China is also becoming a world leader in EVs (electric vehicles). BYD, the largest manufacturer of electric vehicles in China, has recently announced the second version of its “Eyes of the God（天神之眼）” automated EV driving system, which is even more advanced.

I believe that we Japanese companies can fulfill our mission as a global company by steadily promoting carbon neutrality. In the Paris Agreement, for the first time in history, we were able to agree on a set of rules for greenhouse gas emission reduction targets for each country. There is no time to wait for the global temperature to rise.

The global company will fulfill its obligation toward Scope 3, the next step in the reduction of greenhouse gas emissions. We in the wire and cable industry will also work together to reduce CO2 emissions. We look forward to your continued support and cooperation this year.

Mar.2025

SENSHU ELECTRIC CO.,LTD.
Representative Director,President
Motohide Nishimura