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Announced acceptance of Japanese version of Stewardship Code as asset owner of corporate pension


EBARA Corporation (hereinafter referred to as "EBARA") is the EBARA Group Defined Benefit Corporate Pension Plan. * In order to fulfill our stewardship responsibilities as an asset owner in the management of our assets, we adhere to the "Principles for Responsible Institutional Investors (Japan's Stewardship Code)" (hereinafter referred to as the "Code"). has declared its acceptance.

The Code aims to encourage institutional investors to improve the corporate value and promote sustainable growth of investee companies through constructive "purposeful dialogue" (engagement) based on a deep understanding of the investee companies and their business environments, as well as consideration of sustainability (medium- to long-term sustainability including ESG factors) in line with their investment strategies, thereby benefiting "clients/beneficiaries" (including ultimate beneficiaries). The purpose of the Index is to increase medium- to long-term investment returns on the Fund and is published by the Financial Services Agency.

As part of its corporate pension system, the Company operates a defined benefit corporate pension plan with a terms-type structure. In managing this plan, the Company will, from the perspective of an asset owner, require its entrusted asset managers to engage in stewardship activities in accordance with the Code, and will also report to beneficiaries of the corporate pension plan at least once a year on its progress in complying with the Code. As an asset owner of corporate pension funds, we will strive to contribute to the growth of the overall economy by appropriately fulfilling our stewardship responsibilities.

*The group companies that make up the EBARA Group defined benefit corporate pension plan are as follows.
EBARA Corporation, EBARA Refrigeration Systems Co., Ltd., Elliott EBARA Corporation, EBARA Electric Power Co., Ltd., EBARA Field Tech Co., Ltd.

Please refer to the following URL for our policy on fulfilling our stewardship responsibilities.
Policy for fulfilling stewardship responsibilities

The EBARA Group aims to achieve the Sustainable Development Goals (SDGs) by addressing key ESG issues based on its long-term vision and medium-term management plan, and to further increase its corporate value.