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-3.413 l 1.462 -0.65 l -0.65 -0.65 l h f Q q 671.811 488.268 22.677 8.504 re W n q 1 0 0 1 691.3278961 491.9595032 cm 0 0 0 0 k /GS0 gs 0 0 m 0 -1.384 l 0 -1.742 -0.292 -2.034 -0.65 -2.034 c -4.55 -2.034 l -4.907 -2.034 -5.2 -1.742 -5.2 -1.384 c -5.2 1.216 l -5.2 1.573 -4.907 1.866 -4.55 1.866 c -1.865 1.866 l -1.215 2.516 l -4.55 2.516 l -5.265 2.516 -5.85 1.931 -5.85 1.216 c -5.85 -1.384 l -5.85 -2.099 -5.265 -2.684 -4.55 -2.684 c -0.65 -2.684 l 0.065 -2.684 0.65 -2.099 0.65 -1.384 c 0.65 0.65 l 0.527 0.527 l 0 0 l f Q q 1 0 0 1 676.6231995 491.4169006 cm 0 0 0 0 k /GS0 gs 0 0 m 0 -1.469 -0.699 -2.153 -1.834 -2.153 c -2.963 -2.153 -3.602 -1.481 -3.602 -0.007 c -3.602 2.943 l -2.637 2.943 l -2.637 -0.092 l -2.637 -0.972 -2.304 -1.358 -1.808 -1.358 c -1.286 -1.358 -0.966 -0.986 -0.966 -0.092 c -0.966 2.943 l 0 2.943 l h f Q q 1 0 0 1 678.9481049 492.0890961 cm 0 0 0 0 k /GS0 gs 0 0 m 0.548 0 0.881 0.319 0.881 0.796 c 0.881 1.442 0.398 1.566 0.045 1.566 c -0.17 1.566 -0.32 1.553 -0.398 1.527 c -0.398 0 l h 0.985 -0.385 m 1.338 -0.523 1.533 -0.861 1.651 -1.37 c 1.795 -1.964 1.925 -2.565 2.023 -2.754 c 1.031 -2.754 l 0.959 -2.611 0.835 -2.174 0.718 -1.567 c 0.588 -0.92 0.385 -0.718 -0.072 -0.718 c -0.398 -0.718 l -0.398 -2.754 l -1.357 -2.754 l -1.357 2.2 l -1.024 2.258 -0.555 2.304 -0.065 2.304 c 0.568 2.304 1.847 2.226 1.847 0.881 c 1.847 0.267 1.455 -0.183 0.985 -0.366 c h f Q q 1 0 0 1 684.4902039 489.3347015 cm 0 0 0 0 k /GS0 gs 0 0 m -2.761 0 l -2.761 5.019 l -1.795 5.019 l -1.795 0.816 l 0 0.816 l h f Q Q q 1 0 0 1 663.3067932 519.196701 cm 0 0 0 1 K 0.283 w 4 M 0 0 m 0 -218.268 l S Q q 1 0 0 1 663.3067932 659.4477997 cm 0 0 0 1 K 0.283 w 4 M 0 0 m 0 -112.251 l S Q q 1 0 0 1 663.3067932 281.196701 cm 0 0 0 1 K 0.283 w 4 M 0 0 m 0 -221.102 l S Q q 1 0 0 1 910.0626068 519.196701 cm 0 0 0 1 K 0.283 w 4 M 0 0 m 0 -218.268 l S Q q 1 0 0 1 910.0626068 281.196701 cm 0 0 0 1 K 0.283 w 4 M 0 0 m 0 -221.102 l S Q BT /T1_3 1 Tf 6 0 0 6 1026.2112 28.0315 Tm [(Y)100(AMAD)55(A-DENKI GR)20(O)20(UP CSR REPOR)20(T 20)75(1)50(4)]TJ /C0_3 1 Tf 7 0 0 7 1145.1965 27.3515 Tm <0279>Tj /T1_4 1 Tf 9 0 0 9 1152.1965 27.0415 Tm (43)Tj ET 0 0 0 0 k /GS0 gs 595.275 0 5.67 841.89 re f q 595.275 0 595.276 841.89 re W n q 1 0 0 1 586.7713928 841.8894958 cm /CS2 CS 0 SCN 1.417 w 0 0 m -28.346 0 l 612.283 0 m 640.629 0 l 0 -841.89 m -28.346 -841.89 l 612.283 -841.89 m 640.629 -841.89 l 8.504 8.504 m 8.504 36.85 l 8.504 -850.394 m 8.504 -878.74 l 603.779 8.504 m 603.779 36.85 l 603.779 -850.394 m 603.779 -878.74 l S Q q 1 0 0 1 595.2752991 850.3936005 cm /CS2 CS 0 SCN 1.417 w 0 0 m -28.346 0 l 595.276 0 m 623.622 0 l 0 -858.898 m -28.346 -858.898 l 595.276 -858.898 m 623.622 -858.898 l -8.504 -8.504 m -8.504 19.842 l -8.504 -850.394 m -8.504 -878.74 l 603.78 -8.504 m 603.78 19.842 l 603.78 -850.394 m 603.78 -878.74 l S Q q 1 0 0 1 586.7713928 841.8894958 cm /CS2 CS 1 SCN 0.283 w 0 0 m -28.346 0 l 612.283 0 m 640.629 0 l 0 -841.89 m -28.346 -841.89 l 612.283 -841.89 m 640.629 -841.89 l 8.504 8.504 m 8.504 36.85 l 8.504 -850.394 m 8.504 -878.74 l 603.779 8.504 m 603.779 36.85 l 603.779 -850.394 m 603.779 -878.74 l S Q q 1 0 0 1 595.2752991 850.3936005 cm /CS2 CS 1 SCN 0.283 w 0 0 m -28.346 0 l 595.276 0 m 623.622 0 l 0 -858.898 m -28.346 -858.898 l 595.276 -858.898 m 623.622 -858.898 l -8.504 -8.504 m -8.504 19.842 l -8.504 -850.394 m -8.504 -878.74 l 603.78 -8.504 m 603.78 19.842 l 603.78 -850.394 m 603.78 -878.74 l S Q q 1 0 0 1 900.0001068 864.5664978 cm /CS2 CS 0 SCN 1.417 w 0 0 m 0 -3.914 -3.173 -7.087 -7.087 -7.087 c -11.001 -7.087 -14.174 -3.914 -14.174 0 c -14.174 3.914 -11.001 7.087 -7.087 7.087 c -3.173 7.087 0 3.914 0 0 c h S Q q 1 0 0 1 900.0001068 864.5664978 cm /CS2 CS 1 SCN 0.283 w 0 0 m 0 -3.914 -3.173 -7.087 -7.087 -7.087 c -11.001 -7.087 -14.174 -3.914 -14.174 0 c -14.174 3.914 -11.001 7.087 -7.087 7.087 c -3.173 7.087 0 3.914 0 0 c h S Q q 1 0 0 1 900.0001068 -22.6772003 cm /CS2 CS 0 SCN 1.417 w 0 0 m 0 -3.914 -3.173 -7.087 -7.087 -7.087 c -11.001 -7.087 -14.174 -3.914 -14.174 0 c -14.174 3.914 -11.001 7.087 -7.087 7.087 c -3.173 7.087 0 3.914 0 0 c h S Q q 1 0 0 1 900.0001068 -22.6772003 cm /CS2 CS 1 SCN 0.283 w 0 0 m 0 -3.914 -3.173 -7.087 -7.087 -7.087 c -11.001 -7.087 -14.174 -3.914 -14.174 0 c -14.174 3.914 -11.001 7.087 -7.087 7.087 c -3.173 7.087 0 3.914 0 0 c h S Q q 1 0 0 1 579.6853943 420.9445953 cm /CS2 CS 0 SCN 1.417 w 0 0 m 0 -3.914 -3.173 -7.087 -7.087 -7.087 c -11.001 -7.087 -14.174 -3.914 -14.174 0 c -14.174 3.914 -11.001 7.087 -7.087 7.087 c -3.173 7.087 0 3.914 0 0 c h S Q q 1 0 0 1 579.6853943 420.9445953 cm /CS2 CS 1 SCN 0.283 w 0 0 m 0 -3.914 -3.173 -7.087 -7.087 -7.087 c -11.001 -7.087 -14.174 -3.914 -14.174 0 c -14.174 3.914 -11.001 7.087 -7.087 7.087 c -3.173 7.087 0 3.914 0 0 c h S Q q 1 0 0 1 1220.3146973 420.9445953 cm /CS2 CS 0 SCN 1.417 w 0 0 m 0 -3.914 -3.173 -7.087 -7.087 -7.087 c -11.001 -7.087 -14.174 -3.914 -14.174 0 c -14.174 3.914 -11.001 7.087 -7.087 7.087 c -3.173 7.087 0 3.914 0 0 c h S Q q 1 0 0 1 1220.3146973 420.9445953 cm /CS2 CS 1 SCN 0.283 w 0 0 m 0 -3.914 -3.173 -7.087 -7.087 -7.087 c -11.001 -7.087 -14.174 -3.914 -14.174 0 c -14.174 3.914 -11.001 7.087 -7.087 7.087 c -3.173 7.087 0 3.914 0 0 c h S Q Q 0 0 595.275 841.89 re f BT 0.48 0.36 0 0 k /T1_5 1 Tf 0.05 Tc 12 0 0 12 74.6503 763.5974 Tm (Intellectual\222s Opinion)Tj 0.8 0.6 0 0 k /TT0 1 Tf 0 Tc 22 0 0 22 69.1261 720.8986 Tm [(Create Social )19(V)111(alue )18(T)70(ogether with Customers)]TJ 0 0 0 1 k /GS1 gs /T1_5 1 Tf 0.073 Tc 0.079 Tw 9 0 0 9 79.0473 696.0184 Tm [(I read through this year\222s CSR report from global)73( )]TJ 0 Tc 0 Tw -1.102 -1.333 Td (viewpoints, focusing on the following two points.)Tj -0.001 Tc 1.102 -1.648 Td [(Firstly, the point is the issue of global warming. This March,)-1( )]TJ 0 Tc -1.102 -1.333 Td (the UN Intergovernmental Panel on Climate Change \(IPCC\) was )Tj 0.007 Tc 0.079 Tw 0 -1.333 TD [(held for the \037)232( )95(rst time in Japan, in Yokohama. The IPCC is a)7( )]TJ 0.034 Tc T* [(panel consisting of scientists from across the world and)34( )]TJ 0 Tc 0.071 Tw T* [(provides scienti\037)232( )80(c knowledge on global warming to decision-)]TJ 0.004 Tc 0.079 Tw T* [(makers of 195 )-1(countries worldwide. The report compiled for)4( )]TJ 0 Tc 0.027 Tw T* [(the \037)232( )36(rst time in seven years delivered a stark warning, stating )]TJ 0.017 Tw T* [(that \223Damage of global warming )1(has spread worldwide, )1(and if )]TJ 0.005 Tw T* [(left unaddressed, will bring about drought, \036)232( )14(oods, heat waves, )]TJ 0.051 Tw T* (sea level rises, crises in water supply and production of food, )Tj 0.046 Tw T* [(leading to a signi\037)232( )55(cant impact on the daily lives and health of )]TJ 0.021 Tc 0.079 Tw T* [(human beings, and may deprive them of their lives. Many)21( )]TJ 0 Tc 0 Tw T* (other organisms are also endangered.\224)Tj 0.028 Tc 0.079 Tw 1.102 -1.648 Td [(In the meantime)1(, the international community plans to)28( )]TJ 0.015 Tc -1.102 -1.333 Td [(decide the emission reduction framework for 2020 onward)15( )]TJ 0.022 Tc 0.08 Tw T* [(covering )1(all countries )1(at )1(the )1(UN )1(Conference )1(of the )1(Parties)22( )]TJ 0 Tc 0.001 Tw T* (\(COP21\) to be held in Paris in December 2015. In order to limit )Tj 0.035 Tw T* (the rise of the average temperature to 2 \260C or less, the global )Tj 0.038 Tw T* (reduction target must be very large \(the IPCC requires a 40 to )Tj 0 Tw T* (70% reduction from the level of 2010 by 2050\).)Tj 0.017 Tc 0.079 Tw 1.102 -1.648 Td [(The second point is the creation of social value. As you)17( )]TJ 0.059 Tc 0.08 Tw -1.102 -1.333 Td [(know, )1(society\222s )1(inspection of companies is becoming)59( )]TJ 0.012 Tc 0.079 Tw T* [(increasingly severe. Formerly, only the growth of sales and)12( )]TJ 0.033 Tc T* [(earnings was emphasized in corporate management and)33( )]TJ 0.065 Tc 0.08 Tw T* [(companies were even tempted to use any means for)65( )]TJ 0.035 Tc 0.079 Tw T* [(increasing profits. However, due to realization that such)35( )]TJ 0.032 Tc T* [(earnings supremacy would damage the environment and)32( )]TJ 0.011 Tc T* [(society in exchange for the prosperity of companies, a new)11( )]TJ 0 Tc 0.075 Tw T* (corporate philosophy emerged, placing priority on the society )Tj 0.068 Tw T* (and environment rather than on earnings, being aware of the )Tj 0.015 Tc 0.08 Tw T* [(responsibility of companies as )1(entities )1(with the capacity )1(to)15( )]TJ 0 Tc 0 Tw T* (solve social problems.)Tj 0.01 Tc 0.08 Tw 1.102 -1.648 Td [(In )1(other words, )1(the )1(proper )1(corporate )1(management )1(that )1(a)10( )]TJ 0 Tc 0.025 Tw -1.102 -1.333 Td (company should adopt is to try to resolve social problems and )Tj 0.047 Tw T* (enhance the value of the society as a whole in the process of )Tj 0.074 Tw T* (enhancing its corporate value. Balancing corporate value and )Tj 0.023 Tc 0.079 Tw T* [(social value is the corporate strategy required in the 21st)23( )]TJ 0 Tc 0 Tw T* (century.)Tj 0.038 Tw 27.349 53.26 Td (Integrating these two points, companies will be required to )Tj 0.025 Tw -1.102 -1.333 Td (contribute to the creation of social value through resolving the )Tj 0.024 Tc 0.079 Tw T* [(issue of global warming. This should be the very basis of)24( )]TJ 0.018 Tc T* [(co)1(rpo)1(ra)1(te)1( ma)1(na)1(gem)1(en)1(t i)1(nto)1( t)1(he fu)1(tur)1(e. Re)1(adi)1(ng thi)1(s rep)1(ort)18( )]TJ -0.001 Tc 0 Tw T* [(from such perspective, I am impressed with the large potential)-1( )]TJ 0 Tc 0.073 Tw T* (of the Yamada Denki Group. First of all, Yamada Denki has a )Tj 0.028 Tw T* (power to line up an overwhelming volume of environmentally-)Tj -0.003 Tc 0 Tw T* [(friendly commodities and deliver them to customers by the use)-3( )]TJ 0.023 Tc 0.08 Tw T* [(of )1(its )1(nationwide )1(store )1(network. )1(Furthermore, )1(the )1(synergy)23( )]TJ 0 Tc 0.075 Tw T* (effects of the entirety of the group are strong and enormous, )Tj 0.067 Tc 0.079 Tw T* [(which enable the provision of total solution services)67( )]TJ 0.062 Tc T* [(comprehensively combining various commodities and)62( )]TJ 0 Tc 0 Tw T* (services.)Tj 0.056 Tc 0.079 Tw 1.102 -1.648 Td [(Japan promised a 6% reduction of greenhouse gas)56( )]TJ 0 Tc 0.038 Tw -1.102 -1.333 Td [(emissions from the level of 1990 during the \037)232( )46(rst period of the )]TJ 0.054 Tc 0.079 Tw T* [(Kyoto Protocol \(2008 to 2012\), and achieved an 8.4%)54( )]TJ 0 Tc 0.067 Tw T* [(reduction, signi\037)232( )76(cantly beyond said target. However, the total )]TJ 0.013 Tw T* (reduction of 9.8% resulted from CO)Tj 0 Tw 5.247 0 0 5.247 423.8229 489.0264 Tm (2)Tj 0.013 Tw 9 0 0 9 426.3414 489.1837 Tm ( absorption by forests and )Tj 0.044 Tc 0.079 Tw -13.444 -1.333 Td [(reduction in foreign countries, while the total domestic)44( )]TJ 0.009 Tc T* [(emissions increased by 1.4% partly due to the effect of the)9( )]TJ 0 Tc 0 Tw T* (Great East Japan Earthquake.)Tj -0.004 Tc 1.102 -1.648 Td [(In light of this, reduction of greenhouse gas emissions is the)-4( )]TJ 0.035 Tc 0.079 Tw -1.102 -1.333 Td [(i)1(ss)1(u)1(e)1( fo)1(r)1( wh)1(i)1(c)1(h t)1(h)1(e w)1(h)1(o)1(le)1( n)1(a)1(ti)1(o)1(n)1( n)1(e)1(e)1(d)1(s t)1(o)1( ma)1(k)1(e)1( e)1(ff)1(o)1(r)1(t)1(s.)35( )]TJ 0 Tc 0.058 Tw T* (Commodities dealt with in the Yamada Denki Group generally )Tj 0.045 Tw T* (consume power. Therefore, people are interested in and have )Tj 0.009 Tc 0.079 Tw T* [(high expectations for measures taken by the Yamada Denki)9( )]TJ 0.028 Tc T* [(Group, which has endeavored to sell more energy-saving)28( )]TJ 0.001 Tc 0.08 Tw T* [(products, )1(further )1(enhance )1(ef\037)231( )90(ciency )1(of )1(logistics )1(and )1(promote)1( )]TJ 0 Tc 0 Tw T* (one-stop reuse and recycling business.)Tj 0.018 Tw 1.102 -1.648 Td [(Needless )1(to say, )1(the business )1(environment )1(surrounding )1(the )]TJ 0.004 Tw -1.102 -1.333 Td (Yamada Denki Group is changing rapidly, including changes in )Tj 0.011 Tc 0.079 Tw T* [(consumers\222 lifestyles and the liberalization of the electricity)11( )]TJ 0.043 Tc T* [(market and other )-1(energy reforms. Under such a severe)43( )]TJ 0.024 Tc T* [(environment, the Yamada Denki Group has maintained its)24( )]TJ 0.042 Tc T* [(status as the industry leader and is achieving business)42( )]TJ 0.047 Tc T* [(recovery with excellent management efforts led by the)47( )]TJ 0.029 Tc T* [(president. It is my hope that Yamada Denki will continue)29( )]TJ 0.012 Tc T* [(developing its main business while creating new value that)12( )]TJ 0.018 Tc T* [(can be shared with society and will continue to grow as a)18( )]TJ 0 Tc 0 Tw T* (corporate group together with society.)Tj /T1_6 1 Tf 0.044 Tc 0.079 Tw 6.5 0 0 6.5 172.004 103.1379 Tm [(While engaging in UNEP FI, is a member of the Central Environment Counci\
l)4( )]TJ 0.04 Tc 0.011 Tw -1 -1.077 Td (and other councils, an advisor for Kawasaki City and Kagoshima City, and\
a part-)Tj 0.057 Tc 0.079 Tw 0 -1.077 TD [(time instructor at the Graduate School of the University of Tokyo, as we\
ll as)17( )]TJ 0.043 Tc T* [(assuming the position of an external executive of a company Actively pro\
viding)3( )]TJ 0.04 Tc 0.076 Tw T* (lectures, publishing books, and expressing comments in newspapers and on\
TV )Tj 0 Tw T* (shows concerning environmental problems and corporate social responsibil\
ity)Tj 0 0 0 0.9 k /GS0 gs 0 Tc 0 13.491 TD [(Apr. )-144(1967 )-763(Entered Mitsubishi Bank)]TJ 0 -1.231 TD [(Jun. )-71(1994 )-763(Director of Mitsubishi Bank, New York Branch manager)]TJ T* [(Apr. )-144(1996 )-763(President of Bank of Tokyo-Mitsubishi UFJ Trust Company \(NY\))]TJ T* [(Jun. )-71(1998 )-763(Vice-president of Nikko Asset Management)]TJ T* [(Jul. )-331(2003 )-763( )240(Special Advisor for Financial Initiatives, United Nations )]TJ 4.769 -1.231 Td (Environmental Programme \(at present\))Tj 29.519 6.154 Td (\223Nihon Shinsei \(Regeneration of Japan\)\224 \(Hokuseido\))Tj 0 -1.385 TD (\223Carbon Risk\224 \(co-authored, Hokuseido\))Tj T* (\223Yugai Rensa \(Chain of Harm\)\224 \(Gentosha\))Tj T* (\223Saishin CSR Jijo \(Latest CSR Status\)\224 \(Taibundo\))Tj 0.015 Tc 0.08 Tw T* [(\223Chikyu )1(Ondanka )1(Kogi \(Lecture )1(on )1(Global )1(Warming\)\224)15( )]TJ 0 Tc 0 Tw T* (\(Toyo Keizai\))Tj T* (\223Green New Deal\224 \(editor, Kankyo Shinbun\))Tj 0.004 Tc 0.079 Tw T* [(\223Guriin Keizai Saizensen \(Front Line of Green Energy\)\224)4( )]TJ 0 Tc 0 Tw T* (\(co-authored, Iwanami Shinsho\))Tj /T1_7 1 Tf 10 0 0 10 165.504 189.5636 Tm (Mr. SUEYOSHI Takejiro)Tj /T1_8 1 Tf 7 0 0 7 165.504 179.1346 Tm (Special Advisor for Financial Initiatives, United Nations Environmental \
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