Climate Change Data

Environmental Metrics

ESG Focus Areas

• Community Investment
• Employee Wellbeing
• Environmental Sustainability
• Social Responsibility
• Governance

Environmental Achievements

• Implemented LED lighting in theme parks and resorts.
• Initiatives to reduce waste and promote recycling in theme parks.
• Snowmaking investments to mitigate the impact of low snowfall in ski resorts.

Social Achievements

• Launched a pet adoption program at Nasu Highland Park.
• Established TCK Workshop to support children of international families.
• Sponsored Nasu Blasen cycling team and other athletes.
• Implemented corporate social responsibility (CSR) activities focusing on community development and regional revitalization.

Governance Achievements

• Nominated for the Tokyo Stock Exchange's Corporate Value Enhancement Award.
• Selected as one of the constituent companies of the JPX Nikkei Index 400.
• Consistently increased dividends for eight consecutive years.

Climate Goals & Targets

Environmental Challenges

• Two consecutive years of low snowfall impacting ski resort operations.
• Reaching target numbers for the Point Park project due to time-consuming contract revisions with coin parking companies.

Mitigation Strategies

• Invested in snowmaking equipment at ski resorts to mitigate the impact of low snowfall.
• Implemented various strategies to improve the profitability of low-profit parking lots, including reducing the number of low-profit lots and optimizing employee allocation.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Low snowfall impacting ski resort operations

Awards & Recognition

• Tokyo Stock Exchange's Corporate Value Enhancement Award (nominated)

Environmental Metrics

ESG Focus Areas

• CSR

Social Achievements

• Launched "SOS activity" to rescue stray dogs, finding homes for 3 dogs.
• Supported various athletes in skiing and snowboarding, contributing to the development of skiing culture.
• Sponsored Nasu Blasen, a local cycling team, collaborating on community development initiatives.
• Established TCK Workshop to support children facing educational challenges due to internationalization.

Climate Goals & Targets

Environmental Challenges

• Point Park business experienced impairment loss due to non-profitable fixed assets and new overseas business.
• Decrease in net income due to impairment loss on fixed assets in Point Park business and new overseas business, and increase in corporate taxes.

Mitigation Strategies

• Implemented measures to improve profitability in parking business (e.g., active acquisition of monthly contracts, appropriate pricing, sales promotion using manned operations).
• Improved profitability through operational improvements and high-yield investments in all businesses.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Community Investment
• Employee Well-being
• Sustainable Tourism
• Environmental Protection
• Regional Development

Environmental Achievements

• Not disclosed

Social Achievements

• Launched "SOS" animal rescue program at Nasu Highland Park, rescuing and rehoming dogs.
• Established Nasu Highland Park Racing Team, supporting young athletes while providing employment.
• Provided educational support to international children, returnees, and students through TCK Workshop.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Weather impacts on ski resort operations (e.g., light snowfall, prolonged rainy season).
• Cost increases due to renovations and safety improvements at theme parks.

Mitigation Strategies

• Cost reduction through streamlining headquarters functions and improving operational efficiency.
• Investment in new attractions and facilities to increase revenue at theme parks.
• Strengthening green season initiatives to reduce seasonality dependence at ski resorts.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Weather impacts (snowfall, rain).

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

Environmental Metrics

ESG Focus Areas

• Community Engagement
• Employee Well-being
• Sustainable Business Practices

Environmental Achievements

• Not disclosed

Social Achievements

• Launched a children's food program providing meals to 36 children with support from local farmers and businesses.
• Sponsored the Nasu Blasen cycling team, providing employment opportunities and supporting young athletes.
• Implemented a program to find homes for stray dogs, aiming for zero euthanasia.
• Developed an online education support program for children of international families.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Adverse weather conditions impacting theme park attendance.
• Increased costs associated with safety measures, management improvements, and M&A activities.
• Light snowfall affecting ski resort attendance.

Mitigation Strategies

• Investing in snowmaking equipment to mitigate the impact of light snowfall.
• Strengthening resort operations and improving cost management.
• Implementing strategies to enhance the green season offerings at ski resorts.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Adverse weather conditions

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SDGs

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Carbon Neutral
• Biodiversity
• Community Investment
• Human Rights
• Sustainable Products

Environmental Achievements

• Launched "Smart Green Energy Co., Ltd." to pursue 2030 carbon neutrality.
• Utilizing lumber from thinning operations in Nasu Highland's villa area for biomass power generation and heat utilization.
• Exceeded 100 cumulative adoptions in the "SOS activity" for finding homes for rescued dogs (34 in FY2022).

Social Achievements

• Launched "NSD Kids Program" offering free season passes to elementary and preschool children, resulting in 82,000 children visiting (65% increase).
• Opened "BBQ Village" restaurant featuring Nasu regional ingredients and introduced breakfast menus using dairy products from Nasu Kogen Rindouko Family Ranch.
• Opened Japan's largest glamping area, "Solanping", achieving record-high occupancy rates.
• Hosted "IVS NASU 2021" conference at TOWA Pure Cottage, promoting Nasu area as a hub for advanced technology demonstration and social implementation.

Governance Achievements

• Increased the number of directors to 11, including 6 independent outside directors.
• Established a compensation committee to determine individual director compensation based on company performance, individual contributions, and expected roles.
• Implemented a stock option plan to enhance employee motivation and corporate value.

Climate Goals & Targets

Environmental Challenges

• Uncertainty surrounding the end of the COVID-19 pandemic.
• Changes in customer needs due to new lifestyles and work styles.
• Changes in parking demand by region, spread of electric vehicles, revival of inbound demand, workation demand, and SDGs response.
• Addressing the shortage of accommodation facilities in the Hakuba area.

Mitigation Strategies

• Providing services that meet changing customer needs.
• Strengthening the company's monthly parking search site.
• Adding consulting services for charging facilities to traditional parking solutions.
• Concentrating resources on Thailand and South Korea for overseas parking business.
• Developing new content in resorts with large ropeways and expanding camping and outdoor parks in resorts without them.
• Introducing new attractions and events to improve customer satisfaction and create repeat customers.
• Actively pursuing the regeneration of tourist facilities and M&A/business succession.
• Renovating old cottages into onsen-equipped cottages and expanding dog-friendly amenities.
• Constructing 50 new villas annually to accelerate the vacation rental business.
• Collaborating with the Nasu Convalley Council to provide villa areas for advanced technology demonstration and social implementation.

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and services

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)
• Goal 8 (Decent Work and Economic Growth)
• Goal 11 (Sustainable Cities and Communities)
• Goal 17 (Partnerships for the Goals)

Initiatives such as the "Smart Green Energy Co., Ltd." and the "SOS activity" contribute to these goals.

Sustainable Products & Innovation

• Biomass power generation using lumber from thinning operations.

Awards & Recognition

• Rakuten Travel Gold Award 2021

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Governance

Environmental Achievements

• Established Smart Green Energy Co., Ltd. to achieve 2030 CO2 emission zero goal; utilizing biomass power generation from pruned timber from resort development.
• Planting trees in thinned forests

Social Achievements

• Opened a children's cafeteria at JR Nasushiobara Station in collaboration with JR East Japan.
• Achieved 101 rescued dog adoptions.
• Expanded vacation rentals to address vacant house issues.
• Developed returner education business for children of returnees.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Impact of the COVID-19 pandemic on various business segments.
• Decreased inbound tourism affecting ski resorts and theme parks.
• Supply chain disruptions

Mitigation Strategies

• Cost reduction measures across all segments.
• Diversification of revenue streams (e.g., targeting non-skiers at ski resorts, attracting new customer segments at theme parks).
• Resource concentration on growth areas.
• Digital transformation initiatives (DX) in parking operations and theme parks.

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

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Community Engagement
• Human Capital Development

Environmental Achievements

• Launched Smart Green Energy Co., Ltd. aiming for zero CO2 emissions by 2030. Nasu Green Highland concept utilizes biomass power generation and waste heat from lumber from forest thinning.
• Implemented tree planting in thinned areas to promote CO2 adsorption.

Social Achievements

• Opened a "Children's Cafeteria" at JR Nasushiobara Station providing affordable meals for children in need.
• Offered English conversation classes through TCK Workshop.
• Successfully found new homes for 101 rescued dogs through adoption events.
• Expanded non-ski channels at ski resorts to attract non-skiers.

Governance Achievements

• 12 consecutive years of dividend increase (FY22/07).
• Stock buybacks totaling ¥1 billion in FY22/07 and ¥2.5 billion in the last 3 years.
• Expected 13th consecutive year of dividend increase (FY23/07).

Climate Goals & Targets

Environmental Challenges

• Light snowfall impacting ski resort operations.
• Inbound tourism decline affecting ski resort profitability.
• Rainy weather affecting green season revenue at ski resorts.
• Hardware and environment incompatibility at ski resorts.
• Price competition with foreign companies for resale at ski resorts.
• COVID-19 impact on various business segments.

Mitigation Strategies

• Investment in measures against light snowfall at ski resorts.
• Introduction of auto gate system at ski resorts.
• Cost management and efficiency improvements across various business segments.
• Expansion of non-ski channels at ski resorts.
• Strengthened sales efforts targeting group customers at theme parks.
• Development of new properties with required lot sizes based on data analysis in parking lot business.
• Withdrawal from unprofitable locations and resource concentration in overseas parking lots.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)
• Goal 11 (Sustainable Cities and Communities)
• Goal 4 (Quality Education)
• Goal 8 (Decent Work and Economic Growth)

Initiatives such as biomass power generation, tree planting, children's cafeteria, and educational services contribute to these goals.

Environmental Metrics

ESG Focus Areas

• Carbon Neutrality
• Social Contribution (e.g., SOS activities for stray dogs)

Environmental Achievements

• Launched Smart Green Energy Co., Ltd. to pursue 2030 carbon neutrality goal and utilize recycled wood for biomass power generation.

Social Achievements

• Continued operation of children's food banks.
• Reached cumulative adoption of 120 stray dogs since 2017 through SOS activities.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Uncertainty in the economic environment due to the prolonged war in Ukraine, rising energy costs, rising interest rates in multiple countries, and a sharp decline in the yen.
• Impact of the COVID-19 pandemic on business operations.

Mitigation Strategies

• Pursued customer needs adapted to environmental changes and provided innovative services and products.
• Implemented DX of parking data for revenue improvement and new contract acquisition.
• Proposed a comprehensive solution ("＋１ (Plus One) Solution") to address multiple issues faced by building owners during the pandemic.

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

Environmental Metrics

ESG Focus Areas

• Carbon Neutrality
• Social Contribution (e.g., SOS activities for stray dogs)
• Regional Revitalization

Environmental Achievements

• Launched a new company, スマートグリーンエネルギー株式会社, in May 2022, aiming for 2030 carbon neutrality. Started a biomass power generation project in July 2023 using lumber from thinning operations in Nasu Highland.
• Planning for solar power generation at Nasu Highland Park parking lot and biomass power generation project at Nasu Kogen Rindouko Family Ranch.

Social Achievements

• Continued "SOS activities" for stray dogs since 2017, with a cumulative number of 224 adoptions.
• Increased the number of rooms in Nasu Kogen TOWA Pure Cottage from 270 to 339, adding various new villas.
• Launched "NSD Kids Program" offering free season tickets for elementary and preschool children to encourage family visits to ski resorts.
• Opened "IWATAKE WHITE PARK" with ice slides and a bonfire area, and "Soup Stock Tokyo" at HAKUBA VALLEY Hakuba Iwatake Snowfield to attract non-skiers.

Governance Achievements

• Established a remuneration committee consisting of four members (including outside directors) to determine the remuneration of directors.
• Implemented an internal reporting system allowing employees to directly report violations to external lawyers, company auditors, and/or the compliance department.

Climate Goals & Targets

Environmental Challenges

• Uncertain economic conditions due to global energy costs, resource and raw material price increases, rising interest rates in other countries, and yen depreciation.
• Weather conditions (typhoon, prolonged heatwave) affecting theme park visitor numbers.
• Decreased school group trips to theme parks due to post-pandemic recovery.
• Shortage of accommodation facilities in Hakuba area.

Mitigation Strategies

• Continued product development utilizing regional characteristics (e.g., construction of observation terraces, development of campgrounds).
• Strengthened efforts in inbound customer acquisition and initiatives targeting non-skiers.
• Expansion of the monthly parking search site to Fukuoka, Hiroshima, Sendai, etc., and increased local surveys.
• Active proposal of valet services and entrance door services to hotels.
• Attracting developers and supporting closed accommodation facilities in Hakuba area.
• Development of "NSD Alliance" to support struggling ski resorts.
• Attracting school trips and offering paid services to villa owners.
• Introduction of new attractions and events at theme parks.
• Expansion of dog-friendly attractions and facilities at Nasu Highland Park.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Biomass power generation using lumber from thinning operations.