Society
Respect for Human Rights

Yokowo Group is driven by our Purpose to “Be a good company by employing people and technologies that work for the benefit of society today and tomorrow.” While listening to the diverse voices of our colleagues and seeking guidance from around the world, we work together with our stakeholders, which include our employees and their families, our customers and business partners, and local communities. We envision a better and more prosperous future, aiming to take on the challenge of creating something new to achieve our goals.

The Yokowo Group Human Rights Policy (“this policy”), as a basis for our Purpose, sets forth our approach and responsibility to respect the human rights of stakeholders with whom we are involved through our business activities. This policy governs all other policies related to human rights within the Group and stands as a guiding principle of our continuous human rights efforts.

This policy was approved by the Board of Directors of YOKOWO Co., Ltd. in October 2025.

Revised on October 22, 2025
YOKOWO Co., Ltd.
Representative Director, President and Executive Officer : Takayuki Tokuma

YOKOWO Group Human Rights Policy

1. Fundamental Approach to Human Rights

We recognize that our business activities may directly or indirectly impact human rights. In accordance with internationally recognized human rights norms, we take proactive responsibility to respect and protect the human rights of all stakeholders through prevention, remedy, dialogue, and education.

Compliance with Laws and Respect for International Norms

We respect human rights as set out in the International Bill of Human Rights and the International Labour Organization (ILO)’s Declaration on Fundamental Principles and Rights at Work. We also support the United Nations Guiding Principles on Business and Human Rights and the OECD Guidelines for Multinational Enterprises.
We comply with the laws and regulations in the countries and regions where we conduct our business activities. Where the laws and regulations of a country or region conflict with international norms, we will seek ways to respect internationally recognized human rights to the greatest extent possible.

Scope of Application and Expectations for Business Partners

This policy applies to all officers and employees—including contract employees and temporary staff—of the Yokowo Group, which consists of Yokowo Co., Ltd. and its consolidated subsidiaries.
We also expect our business partners to understand and comply with the human rights norms and principles expressed in this policy. We will promote mutual understanding and cooperation through dialogue to advance human rights initiatives together.

Governance Structure

The Human Rights, Labor, and Ethics Management Committee is responsible for overseeing the implementation of this policy and addressing significant risks. The Board of Directors supervises these activities.

2. Human Rights Due Diligence

Continuous Implementation of Human Rights Due Diligence

In line with the United Nations Guiding Principles on Business and Human Rights, we work to identify, prevent, and mitigate adverse human rights impacts through the establishment of a human rights due diligence process, which includes monitoring and the disclosure of relevant information.

Dialogue with Stakeholders

We engage in ongoing dialogue and consultation with internal and external stakeholders to understand and address actual or potential adverse human rights impacts arising from our business activities.

Training and Education

We provide continuous training to our officers and employees to ensure understanding and implementation of this policy.

Disclosure

As part of our human rights due diligence process, we disclose progress on our human rights initiatives in a timely and appropriate manner.

3. Remediation

If it becomes evident that our business activities have caused or contributed to adverse human rights impacts, we will take appropriate measures to remediate the situation and provide remedy to affected individuals, utilizing grievance mechanisms and stakeholder dialogue.

4. Priority Human Rights Issues

Based on regular human rights impact assessments, we identify and address priority human rights issues for the Yokowo Group. These priorities may be revised flexibly in response to changes in social conditions and the business operating context.

Appendix : Priority Human Rights Issues (as of September 2025)

Human Rights Issues in YOKOWO Group

Access to remedy
Gender equality
Harassment
Employment conditions for foreign workers
Systems that promote meaningful work
Impacts on mental and physical health

Human Rights Issues in supplier operations

Inadequate labor standards and compliance processes

Human Rights Issues in YOKOWO Group

Human rights risks related to raw material sourcing from conflict-affected areas
Forced labor

Human Rights Impact Assessment

Purpose of Human Rights Impact Assessment

The Yokowo Group is committed to the continuous practice of respecting human rights, based on our corporate philosophy and the YOKOWO Group Human Rights Policy. As part of these efforts, we conduct “Human Rights Impact Assessments” to visualize and identify potential negative impacts on human rights arising from our business activities, and to implement measures to mitigate such impacts. Through this process, the Yokowo group aims to enhance the effectiveness and transparency of human rights due diligence, and to continuously reduce adverse human rights impacts associated with our operations.

Methodology of Human Rights Impact Assessment

The selection of assessment items for this Human Rights Impact Assessment is based on key human rights issues and guidelines indicated by major international and domestic frameworks¹, as well as the results of self-assessment surveys conducted with the Yokowo Group and our primary suppliers, who account for approximately 90% of our domestic transaction volume.
Additionally, with support from the independent organization CSO Network², we have incorporated expert advice to identify assessment items that reflect the characteristics and value chain risks of the electronic components manufacturing industry. Past internal whistleblowing cases have also been considered, and priority has been evaluated based on the degree of involvement and severity (scale, scope, and difficulty of remediation).

1. United Nations Guiding Principles on Business and Human Rights (UNGPs), OECD Guidelines for Multinational Enterprises, ILO International Labor Standards, and the Ministry of Economy, Trade and Industry’s “Reference Materials for Respecting Human Rights in Responsible Supply Chains,” among others.
2. CSO Network is a non-profit think tank that works toward a fair and sustainable society by collaborating with businesses, government, and communities to address real-world challenges through dialogue and participation.

Human Rights Impact Assessment

Identified Human Rights Issues
Human rights issues identified through questionnaires and internal cases within the Yokowo Group
Access to Remedy
Gender Equality
Employment of Persons with Disabilities
Employment Conditions of Foreign Workers
Harassment
Impacts on Physical and Mental Health
Protection of Privacy
Working Conditions
Freedom of Association and the Right to Collective Bargaining
Equal Pay for Equal Work
Human rights issues identified through self-assessment questionnaires conducted with business partners
Lack of Labor Standards and Legal Compliance Processes
Working Environment of Foreign Workers
Access to Remedy
Working Conditions
Human rights issues common across the supply chain, including the Yokowo Group and its business partners
Involvement in Human Rights Violations in Conflict-Affected Areas
Forced Labor
Child Labor
Occupational Health and Safety

Future Approach to Human Rights Impact Assessment

Going forward, we plan to progressively review the assessment items in line with the expansion of the survey scope and the refinement of assessment granularity. Specifically, we will add, consolidate, and redefine items based on changes in the external environment and social expectations, as well as issues identified through our ongoing human rights due diligence efforts.
The next review is planned to be conducted in conjunction with the revision of the Human Rights Policy, reflecting the results of self-assessment questionnaires from suppliers newly included in the scope during the current fiscal year.
Thereafter, we will implement continuous and systematic updates in alignment with the materiality review schedule.

Framework

Based on the United Nations Guiding Principles on Business and Human Rights, the Yokowo Group identifies, prevents and reduces the negative impact of its business activities on human rights, evaluates the effectiveness of its efforts and strengthens its system for explaining and disclosing information about how the Group has addressed human rights issues. The Human Rights, Labor Ethics Management Committee, which was established in 2022, plays a central role in important measures regarding human rights and ethics. It deliberates on these matters and works to build a human rights due diligence system and address individual human rights issues in cooperation with domestic and overseas subsidiaries and related divisions. 

Major Initiatives

Efforts to address Individual Human Rights Issues in Yokowo Group Human Rights Policy

Training Results regarding Human Rights Policy

Results

Yokowo Group's Human Rights Due Diligence

Performance

Implementation Status of Human Rights Due Diligence Efforts

*During the period from April 2023 to March 2025, the period covered by this report, there were no reports or consultations regarding incidents of human rights violations at Group companies or business partners to external reporting desks.

Issues Identified Through Self-Assessments

In-house Group

Promoting Diversity

Multilingualization of internal documents and displays; improvement of nursing room equipment

Guarantee of Living Wage

Guaranteeing a living wage in accordance with the WageIndicator standard

Incident Response Guidelines

Establishment of a collaborative investigation framework in the event of human rights incidents

Human Rights Training for Managers

Implementation of human rights management training programs

Human Rights Impact Assessment (Mapping)

Evaluating the impact of our business and society based on severity,scale/prevalence, and the ability of remedy

Supply Chain

Due Diligence for Conflict Minerals

Insufficient due diligence process (corrective action plan formulated)

Prevention of Child Labor

Inadequate age verification process (corrective action completed)