Impact Investing Case Study - Horiba

3 min read 3 Aug 22

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Measurement and analytical solutions to improve efficiency and reduce emissions

Horiba is a Japanese manufacturer of state-of-the-art measurement equipment and analytical devices, used across a wide range of medical, environmental and automotive applications. 

Horiba’s largest business segment is automotive, where its vehicle emission measurement systems have been adopted as the primary standard by many national certification bodies. In 2021, the company announced its vehicle electrification offering, which serves all relevant stages of research, development, validation, certification and end-of line verification. It covers all varieties of e-power trains, including those with batteries, fuel cells and hybrid architecture. The total solution ranges from single component testing to turnkey testing solutions, and includes consulting and other services throughout the whole vehicle development process.

As countries across the world push towards their net-zero emissions goals and enact policies to phase out internal combustion vehicles, Horiba should play a crucial role in enabling electric vehicle adoption, in our view.

Horiba also makes a positive impact in the medical sector, by manufacturing blood testing instruments and chemical reagents for diagnostics. It was the first company in the world to develop a Hematology and CRP Analyser, which simultaneously measures both red blood cells and inflammation, helping to facilitate faster and more accurate diagnosis of medical issues.

The company also produces water quality and air pollution measurement systems for a variety of industries, helping to ensure public safety, security and health.

All company data sourced from Horiba. Figures shown were latest available from company literature, as at July 2022.

In Brief

  • Nationality: Japanese
  • United Nations Sustainable Development Goal 13: Climate action
  • Operates in 30 countries across Asia, Europe and North America
  • Unique approach, integrating scientific expertise from a range of industries to meet customer needs
  • Plays a crucial role in the adoption of electric vehicles, which can help to reduce global carbon emissions
  • Contributes towards good health and wellbeing, by facilitating the measurement of industrial pollution, and providing healthcare testing solutions

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