Materiality
With “Boundless Creativity and Social Contribution” as our company creed, we aim to contribute to the realization of a sustainable society through our growth by achieving both social value and economic value.
In order to realize the vision for the Company and the delivered value set forth in the 2030 Business Plan, we have designated and worked on several key areas as “materiality” where we can make a particular contribution from among various social issues, such as social forecasts and SDGs, taking into consideration the changing business environment.
Materiality Identification Process
STEP1 Selection of materiality candidates
Selection of issues to be considered (59 items) by sustainability implementation members with reference to social issues, market and social trends, GRI standards, SDGs, and the materiality of other companies etc.
STEP2 Evaluation and analysis of materiality candidates
Analysis and evaluation based on our materiality (management philosophy, management capital, interaction with competitive advantages and strengths, etc.) and the materiality of our stakeholders (contribution to social issues, promotion of ESG activities, etc.)
STEP3 Assessment of appropriateness by management
Interviews with outside directors, executives, and investors on identified material issues, including identification processes, to evaluate the appropriateness of materiality
STEP4 Identification of materiality
Selection of priority topics to be addressed through deliberations by the Management Council
STEP5 Review
Review of initiatives linked to corporate policies, confirmation at Sustainability Council, and periodic review of materiality
Materiality (Key Issues)
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Medium- and long-term (2025, 2030) KPI and targets have been set for key sustainability issues (materiality), and discussions are being held in Sustainability Council on the state of progress and issues to be promoted.
Material issues are selected based on opportunities and risk with consideration of societal challenges and megatrends.