Human Rights Policy

Senshu Electric Co., Ltd. Group (hereinafter referred to as “Our Group”) supports the “United Nations Guiding Principles on Business and Human Rights” (hereinafter referred to as “UNGPs”) and will promote initiatives to respect human rights in accordance with these principles.

Our Group’s corporate philosophy is rooted in “creating new value,” “the development of our business and contribution to society,” and “employee welfare.” We are committed to reducing our environmental impact, fulfilling our responsibility to supply electric cables, and ensuring fairness and transparency in management, and we work daily to contribute to the creation of a sustainable society. Furthermore, Our Group has set the goal of becoming a “100-Year Company” in our long term vision, and Our Group’s Sustainability Policy states that we will “address management issues that contribute to the sustainable development of society, and strive for sustainable business growth and enhancement of corporate value.”

Our Group identifies key issues by conducting a materiality assessment based on 2 axes “social impact” and “financial impact on the business” from among major social issues. Furthermore, as milestones in our long term vision to address these social issues, we have established “Our Group’s Vision for 2029” and KPIs, and we will move forward with our initiatives.

Our Group recognizes that “preventing and addressing adverse impacts across our business activities and the entire supply chain, thereby respecting people and the planet,” is the most important contribution a company can make toward sustainable development.

Our Group supports international human rights standards and guidelines, including the “UNGPs,” the “Universal Declaration of Human Rights,” the “ILO Declaration on Fundamental Principles and Rights at Work,” the “OECD Due Diligence Guidance for Responsible Business Conduct” and the “OECD Guidance on Due Diligence for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.”

Furthermore, as a corporate group operating on a global scale, we respect internationally recognized human rights and encourage our business partners and other stakeholders (including upstream suppliers) to support this policy and strive to respect human rights, working together to promote respect for human rights. Specifically, Our Group will exercise the utmost care to ensure that we do not infringe upon the human rights of any person, will avoid causing or contributing to adverse human rights impacts through our business activities, and will take steps to provide for or cooperate in remediation should such situations arise.

Furthermore, if business partners, such as suppliers, are involved in adverse human rights impacts, Our Group will encourage them to refrain from violating human rights and will cooperate with their efforts to address and remedy such impacts.

Our Group promotes initiatives addressing social issues including respect for human rights in the supply chain under the supervision of the Board of Directors through the Sustainability Committee (chaired by Representative Director and President), which is a subcommittee of the Management Committee. Sustainability Committee will discuss the development of a roadmap for initiatives to respect human rights in the supply chain, report its findings to the Management Committee and the Board of Directors, and seek a resolution from the Board of Directors. Furthermore, regarding human rights issues affecting employees within our group, we have been promoting initiatives since July 2026, led primarily by the Risk Management Committee and the Compliance Committee. The Board of Directors, the Management Committee, and the Sustainability Committee hold discussions as appropriate regarding respect for human rights in the supply chain and respect for the human rights of employees within our group. Going forward, as we revise this policy and advance our initiatives to respect human rights within our group, we will engage in dialogue and consultation with stakeholders including human rights experts, business partners, and investors and promote comprehensive measures based on their expertise and diverse perspectives. We will also conduct awareness-raising, education, and training programs for the directors and employees to promote understanding of this policy and our initiatives to respect human rights.

Our Group does not tolerate child labor, forced labor, or labor resulting from trafficking in persons under any circumstances.

Our Group does not tolerate any acts that undermine human dignity—such as discrimination or harassment based on race, ethnicity, nationality, religion, creed, national or social origin, gender, age, sexual orientation, gender identity, or disability—in employment or the workplace.

Our Group respects fundamental labor rights (such as freedom of association, the right of workers to organize, and the right to collective bargaining) and engages in constructive dialogue between labor and management.

Our Group ensures appropriate wage payments and strives to ensure the proper management of working hours, holidays, and leave in accordance with the law, including the reduction of excessive working hours.

Our Group actively works to ensure a safe and healthy work environment and places the highest priority on the safety and health of its employees.

With regard to conflict minerals that may be associated with human rights violations, environmental destruction, corruption, etc., in conflict-affected and high-risk areas, we will give due consideration to the risks involved in their procurement and strive to ensure responsible mineral sourcing.

This policy applies to all directors and employees of our Group. We also expect our Group’s business partners to understand and support this policy, and we will encourage them to do so.

If the Group’s business activities have caused adverse impacts on human rights, or if it becomes clear that the Group was involved in such impacts, we will work to provide or cooperate in remediation through appropriate procedures and dialogue.

Our Group will conduct human rights due diligence to identify, prevent, mitigate, and account for how it addresses adverse human rights impacts.

Our Group will regularly disclose the progress of initiatives based on this policy in its Integrated Report and Securities Report.

This policy was reviewed by the Sustainability Committee of Senshu Electric Co., Ltd. and approved by the Board of Directors.

August 27, 2026
SENSHU ELECTRIC CO., LTD.
Representative Director and President Motohide Nishimura