Materiality Issues
In line with the Mid-term Business Plan (started in fiscal 2022) for fiscal 2024, after reviewing the status of the value chain surrounding the Group’s activities, its impact on the environment and society, and other issues to be taken into account, the Tokyo Seimitsu Group has revised its materiality as follows. By presenting specific initiatives and goals, we have clarified the issues that each employee needs to address and made it easier for them to understand the value of their work, thereby increasing their motivation. We will continue to revise our materiality as necessary and appropriate.
Process of Defining the Material Issues
| Rapidly-changing Environment, Society, and Industries |
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Climate change, abnormal weather, typhoons, and earthquakes caused by global warming Technological development : VR/AR, autonomous driving, AI, electronic payments, telework Negative effects of technology : Creation of a digital divide, energy issues, and information leaks Labor shortages Prevalence of COVID-19 |
| External Conditions Surrounding the Group and Social Issues, Including Sustainability |
| Society 5.0 (fusion of the cyber and physical realms) Climate Change Demographic Changes |
High
Level of Importance for the global environment and stakeholders
| Materiality Issues |
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E Environment |
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S Society |
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G Governance |
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Level of impact on our value creation efforts and management strategy
High
| Aspirations | |
| The Sustainability of the Tokyo Seimitsu Group | |
| Purpose | |
| Gaging the future with Metrology, Creating the future with Semiconductors |
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| Vision | |
| The Tokyo Seimitsu Group is always committed to building a “future full of dreams.” | |
| Semiconductor Company |
Metrology Company |
| Contribute to the realization of an advanced networked society with cutting-edge technology. | Aim to become a futurecreating company that supports “innovation in manufacturing.” |
Sustainability Objectives and Priority Initiatives
The Tokyo Seimitsu Group has established sustainability objectives and priority initiatives in order to incorporate material issues for the Group into concrete activities. The Sustainability Committee as well as Teams for Responding to Important Issues and subcommittees created to address important issues formulate and implement action plans based on that framework. After material issues have been defined, the Sustainability Committee conduct related reports and evaluations. Based on the results, the Third Sustainability Committee Meeting (held on April 24, 2023) reviewed priority initiatives, plans, and targets for fiscal 2023.
| Materiality Issues |
Sustainability Objectives |
Priority Initiatives | Action Plans and Results | |
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E Environment |
• Products and business activities that contribute to resolving environmental problems • Environmental contributions through the provision of products and services |
• Prevention of global warming • Resource-saving activities • Formation of a recyclingoriented society |
• Reduction of CO2 emissions • Reduction in consumption of electricity, water, and paper • Development of environmentally friendly products • Energy and water saving at the Hanno Plant |
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S Society |
• Respect for human rights |
• Respect for human rights |
• Education on human rights • Human rights due diligence • Establishment of a relief system |
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• High-value-added products that resolve social issues |
• Product liability |
• Quality control • Chemical substances control |
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• Supply chain development |
• Reduction of procurement risk |
• Reinforcement of the supply chain |
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• Creating a workplace where a diverse range of people can play an active role and are physically and mentally healthy and fulfilled in their work |
• Employee job satisfaction • Health and safety • Diversity • Human resource development |
• Improving health and safety • Diversity promotion • Promotion of human resource development • Improvement of engagement |
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G Governance |
• Management foundation that supports corporate activities • Compliance |
• Sustainable business growth • Enhanced competitive strength • Fair, transparent, and prompt • Anti-bribery and anti-corruption |
• Internal control functions • Corporate ethics and legal compliance • Timely and appropriate information disclosure • Sound whistleblower system • Compliance education |
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• Stronger risk management |
• Crisis management such as disaster response |
• Business continuity plan |
Environment・Society・Governance
