Materiality
Process for identifying materiality (key issues)
- STEP1
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Listing materiality candidate items for consideration
We selected materiality candidate items with our corporate philosophy, SDGs, investor evaluation item analysis, and peer company analysis in mind. We organized the needs of our stakeholders regarding the selected materiality candidate items and, after consideration, further refined and expanded the candidate items.
Subsequently, we comprehensively listed materiality candidate items, referencing the social and business environment surrounding the Group and its stakeholders, as well as stakeholder concerns and social conditions.
- STEP2
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Prioritizing and weighting materiality candidate items
For each listed materiality candidate item, we prioritized and weighted them based on a medium- to long-term perspective related to corporate value creation, using two axes: the vertical axis representing the impact on stakeholders and the horizontal axis representing the impact on the YBHD Group.
- STEP3
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Identifying materiality (key issues) through cross-departmental group meetings (Sustainability
Committee) and management reviewFor each item positioned as having high importance and impact on the materiality matrix, we reviewed the final candidate items, including governance items, through discussions in the Sustainability Committee. We then narrowed down the materiality (key issues) that YBHD Group should focus on and prioritize, taking into account recent environmental and other issues.
Following this, we conducted a management review and finally identified 5 materiality items.
Identified materiality
The 5 materiality items identified through the above process are shown on the previous page. We set quantitative and qualitative goals (KPIs) for each identified materiality item and engage in various activities to address them.
Furthermore, we review the results of these activities in the Sustainability Committee and management meetings and will continuously improve our operations through the PDCA cycle. Should there be any new changes in the external or social environment, we will also review the related materiality items.
Material Issues and Measures to Solve Them
We examined our material issues by analyzing changes in the external environment and the business environment in a way that considered
our corporate culture of diligent "monozukuri" manufacturing. We will ensure that our business strategies reflect these material issues to
enhance our corporate value and solve social issues.
