BIKE O & COMPANY Ltd.
Climate Impact & Sustainability Data (2019-12 to 2020-05, 2020-11 to 2020-11, 2021-11 to 2021-11, 2022-11 to 2022-11, 2022-12-01 to 2022-11-30, FY11/21, FY11/22)
Reporting Period: 2019-12 to 2020-05
Environmental Metrics
ESG Focus Areas
- Women's empowerment
- Corporate governance
- Community support
Social Achievements
- Implemented initiatives to support vegetable producers affected by the pandemic and provided vegetables to employees and their families.
- Actively promoting a work environment where women can thrive.
Governance Achievements
- Transitioned to a company with an audit and supervisory board, strengthening corporate governance.
Climate Goals & Targets
Long-term Goals:
- Reduce overtime and promote the use of annual paid leave to improve the work environment.
Medium-term Goals:
- Expand time reduction systems and introduce a part-time regular employee system to improve employee retention.
Short-term Goals:
- Increase the percentage of female employees to 20% and the percentage of female managers to 8%.
Environmental Challenges
- Temporary decrease in customer buy-back applications due to the COVID-19 pandemic.
- Reduced advertising spending and campaign postponements due to the pandemic.
- Reduced store operating hours due to pandemic prevention measures.
Mitigation Strategies
- Implemented measures to optimize the purchase price.
- Continued sales enhancement measures, strengthened online sales, and devised innovative sales methods.
- Implemented purchase strengthening campaigns in the third and fourth quarters.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2020-11 to 2020-11
Environmental Metrics
ESG Focus Areas
- Women's empowerment
- Corporate governance
Social Achievements
- Promoting women's active participation in the workplace
Governance Achievements
- Transitioned to an Audit & Supervisory Board system
Climate Goals & Targets
Long-term Goals:
- Reduce overtime and promote annual paid leave to improve the work environment
Medium-term Goals:
- Expand time reduction system and introduce part-time regular employee system to improve employee retention
Short-term Goals:
- Increase the percentage of female employees to 20% and female managers to 8%
Environmental Challenges
- COVID-19 pandemic impact on motorcycle sales and auction prices
Mitigation Strategies
- Implemented infection prevention measures, continued business operations, introduced telework system
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2021-11 to 2021-11
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental load reduction
- Human resource development
- Corporate governance
Environmental Achievements
- Working on reducing CO2 emissions across the business.
Social Achievements
- Promoting gender equality and diversity, strengthening diverse work styles, and building a system to cultivate human resources with a wide range of expertise.
- Holding CS contests to encourage new customer service ideas and improve customer satisfaction.
Governance Achievements
- Achieving highly transparent governance that contributes to sustainable growth and long-term corporate value enhancement.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Increase the number of Bike King fans from 50,000 to 400,000 by fiscal year 2024.
- Increase the number of stores to 83 by the end of fiscal year 2024.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022-11 to 2022-11
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Contribution to waste reduction through the reuse of motorcycles
Social Achievements
- Respect for human dignity, prohibition of discrimination
- Active exchange with local communities
Governance Achievements
- Strengthening management oversight functions to ensure fairness and transparency
- Constructive dialogue with shareholders
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Sales of 39.5 billion yen, operating profit of 2.5 billion yen, ordinary profit of 2.8 billion yen, net profit of 1.91 billion yen by 2025-11
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022-12-01 to 2022-11-30
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: FY11/21
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduce CO2 emissions associated with the entire business
- Promote employee education that contributes to the solution of environmental problems
Social Achievements
- Promote gender equality and diversity and enhance diverse work styles
- Establish a system for developing human resources with a wide range of specializations and for ensuring that everyone can reach their full potential
- Provide transportation infrastructure services that support the safety and peace of mind of society
Governance Achievements
- Realize highly transparent governance that contributes to sustained growth and increased corporate value over the medium and long terms
- Secure shareholder rights and equality, while striving to ensure appropriate disclosure and transparency
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Increase the number of BIKE O customers from the current level of 50,000 to 400,000 by FY11/24
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: FY11/22
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Contributions to reducing waste through its motorcycle business (purchases and sales) have been recognized
- Focus on efforts to reduce CO2 emissions from motorcycles as well as energy use at its logistics bases
Social Achievements
- Hire diverse human resources, respect the character and individuality of each person, improve the work environment and create opportunities for education and training
- Protect human dignity, including respect for basic human rights and the prohibition of discrimination
- Provide reliable and safe services to customers, proactively deepen exchanges with local communities, and contribute to the advancement of society
Governance Achievements
- Strengthen management monitoring functions and ensure both fairness and transparency
- Adequately hold constructive dialogue with shareholders and fulfill its duty to be accountable, as well as build and strengthen its corporate governance system to enable prompt and decisive decision-making that contributes to sustainable growth and medium- to long-term enhancement of corporate value
Climate Goals & Targets
Medium-term Goals:
- Shift to a UX (user experience) growth model by FY11/25
- Achieve the top market share in preowned motorcycle sales (retail sales of 35,000 motorcycles)