In order for companies to grow over the long term, the idea of emphasizing the three perspectives of ESG in management is spreading around the world. We believe that fulfilling our social responsibility to all stakeholders will lead to an increase in corporate value, and we will build a highly transparent and sound corporate governance system. In addition, Abalance Group will continue to contribute to the realization of a sustainable society (SDGs) through the practice of ESG management, which aims to realize a sustainable and prosperous society.
The Board of Directors consists of eight members, including three external directors who are Audit and Supervisory Committee members. These committee members include individuals with expertise in finance and accounting, those with experience as directors in other companies, and lawyers,etc, ensuring a system that supervises the execution of directors’ duties from a variety of perspectives. Additionally, each committee member exchanges information and opinions with the head of the internal audit department and the accounting auditor to comprehensively assess accounting audits and operational audits. This enables efficient and rational understanding of the directors’ execution of duties and enhances the effectiveness of supervision.
President, and the head of the internal audit office director is responsible for conducting internal audits every term. We investigate whether the operations under the jurisdiction of each department are properly and effectively applied in accordance with laws and regulations, the Articles of Incorporation, internal regulations, and various handling guidelines, and report the results to the Board of Directors.
（https://www.abalance.jp/en/aboutus/#governance/）
For more details, please check “Corporate Governance.”
In order to contribute to a safe and secure decarbonized society, Abalance Group is promoting the spread of green energy by developing solar power plants, and manufacturing solar panels at its own factory at VSUN and TOYO in response to the strong demand for electricity not only in Japan but also overseas, mainly in the United States.
Furthermore, in the “Abalance Group Vision for 2030,” we have set a long-term goal for our group to become a “core global company in renewable energy.” By 2030, we aim to have a total power generation capacity of 1 GW in Japan and overseas. In the solar panel manufacturing business, we have set manufacturing targets of 8 GW for ingots and wafers, 16 GW for cells, and 12 GW for panels, with the aim of achieving long-term business growth.
In Japan, it is difficult to imagine an environment that is suddenly enveloped in darkness when the sun sets. WWB Corporation believes that delivering light from green energy to developing countries is significant as an important international contribution that supports local infrastructure and social life. In addition, we believe that assistance to disaster-stricken areas is meaningful not only for the promotion of the SDGs, but also for the fulfillment of our social mission and responsibilities, and we should contribute more actively than before.
WWB Corporation installs power generation equipment, such as solar power generation equipment in the upper space and is working on solar sharing that simultaneously conducts agriculture and power generation business. In addition, we actively participate in activities to raise awareness of environmental conservation by technically sponsoring various events related to SDGs with solar panels (lightweight model) and modules developed by our company.
In the photocatalyst market, it has been reported that the coronavirus has been inactivated by a visible light-responsive photocatalyst that absorbs visible light and decomposes harmful substances that come into contact with it and there are growing expectations for photocatalysts in the fight against infectious diseases. In such an environment, our group company, Japan Photocatalyst Center Corporation, has developed its own antibacterial and antiviral product “blocKIN”. We will continue to develop products that are useful for “safety and security” for the health and welfare of all people.
Development of “Sagan Coat”
・Coating technology using water-based functional titanium oxide from Saga Prefecture
・Composed only of water and titanium oxide, ensuring “safety and security”
・After drying, only the titanium oxide component remains, and the photocatalytic activity is high and the effect lasts.
Started handling “blocKIN”
・Developed a spray-type antibacterial and antiviral solution during the coronavirus pandemic
・The antibacterial and antiviral effect is 99.9%, and it is effective under both sunlight and fluorescent light
Our group has formulated and announced a medium-term management plan (FY Ended June 30, 2024 – FY Ended March 31, 2026), including our business portfolio and management strategies. For an overview of this plan and the latest progress, please refer to the following IR materials:
‘Notice of the Formulation of Abalance Group’s Medium-Term
‘Financial Results Presentation for FY06/24’ dated Augest 14, 2024.”
Abalance Group has expressed support for the Task Force on Climate-related Financial Disclosures (TCFD) established by the Financial Stability Board (FSB), and has joined the TCFD Consortium, which consists of companies and financial institutions that support the recommendations. We are participating in this and will continue to strive to expand information disclosure related to climate change response.
We recognize that the information we disclose and provide is the basis for constructive dialogue with our shareholders and institutional investors, and in order to expand disclosure, we will appropriately judge the scope of English disclosure documents and materials within a reasonable range and strive to expand them.
（→English disclosure link）
Abalance Group regularly trains all Group employees on the role green energy business plays in the Sustainable Development Goals (SDGs).We also provide our partner companies, cooperating stores, business partners with education to improve the quality of their business by sharing knowledge related to green energy and the characteristics of our products before the start of business.
Basic Approach
The Abalance Group considers human capital to be the source of corporate value creation and is working to secure, develop, and utilize strategic human resources in order to achieve sustainable growth and realize its corporate philosophy. We strive to create a workplace environment and personnel system that allows diverse human resources to demonstrate their abilities regardless of age, gender, nationality, etc., while supporting the career development of each employee and improving the overall performance of the organization. Furthermore, recognizing that diverse perspectives based on gender, race, nationality, and other factors are a crucial competitive advantage supporting our global business expansion, we actively promote the appointment of diverse talent to managerial positions. Additionally, we are focusing on the development of young employees who will lead the next generation, striving to strengthen human capital from a long-term perspective.
Human Capital Metrics and Goals
Abalance Group has established the following metrics and goals to visualize the status of human capital and continuously improve it.
• Female Management Ratio: Expand appointments to achieve balance with the overall female ratio of 37.5% among all employees
• Foreign Management Ratio: Promote appointments to achieve the same level as the overall foreign ratio of 8.3% among all employees
• Male Parental Leave Utilization Rate: Achieve a 100% utilization rate
• Education and Training Participation Rate: Record participation in internal training programs and aim to ensure opportunities for participation
• Health Checkup Participation Rate: Continuously maintain a 100% participation rate
The following applies to domestic group companies.
Support for human resource development and learning
We actively support employees’ independent self-improvement by providing on-the-job training as a basic form of human resource development, as well as financial assistance for obtaining qualifications and acquiring specialized knowledge.
・New employee training/internal training/qualification acquisition support/tiered training/job rotation
Respect for Diversity and Fair Hiring
We believe that diverse values and perspectives are the driving force behind business growth, and we promote diversity-respecting hiring practices.
・Appointment of female and foreign directors: Abalance: Female/external board member (1 person)/subsidiary: Female and foreign board member (1 person)
Flexible Work Styles and Fair Treatment
We have established flexible working arrangements tailored to employees’ careers and life events.
・Establishment of childcare and nursing care leave systems and promotion of paternity leave for men (in accordance with revisions to the law in 2024 and 2025)
・Promotion of staggered working hours, remote work, and flexible work systems
・Provision of employment opportunities for employees over 65 who wish to continue working
Improving job satisfaction and engagement
We are working to improve engagement by creating an environment where each employee feels a sense of job satisfaction and can contribute to the organization on their own initiative.
・Implementing a unique personnel evaluation system that supports the growth of subordinates
・Promoting interaction among all employees, including executives, through various social gatherings and club activities
・Stock options (introduced annually) and defined contribution pension plans (Scheduled to be introduced in October 2025)
・Award system for long-term employees
Promoting health management
Our company established the “Basic Policy for Mental and Physical Health” in March 2025 and is working on health management that prioritizes employee well-being.
・Providing information and training on mental health (self-care, line care, etc.)
・Establishing consultation systems both within and outside the company
・Optimizing working hours and promoting the use of annual leave
Details are available on our “Vision” page (https://www.abalance.jp/aboutus/#vision).
Through affiliated organizations, Abalance Group deepens exchanges regardless of whether they are in the same industry or different industries, and exchanges information on the renewable energy and photocatalyst industries and the latest technology. We believe that various exchanges through related organizations will contribute to the development of the industry and the spread of renewable energy and photocatalysts.
Exchanges and information dissemination through related organizations
The Sustainable Development Goals (SDGs) are described in the 2030 Agenda for Sustainable Development adopted at the United Nations Summit in September 2015 as the successor to the Millennium Development Goals (MDGs) established in 2001. It is an international target from 2016 to 2030. Consisting of 17 goals and 169 targets to realize a sustainable world, they pledge to leave no one behind. The SDGs are universal, not only for developing countries, but also for developed countries themselves, and Japan is also actively working on them.
