Climate Change Data

Environmental Metrics

ESG Focus Areas

• CSR
• Community Investment
• Employee Wellbeing

Social Achievements

• Provided photo albums to 8 NPOs and civic groups as part of the "3rd NPO Public Relations Support Project"
• Partnership with "Kakehashi" (a general incorporated association) for "Ieyou Bank.com" to provide seamless photo data delivery to funeral homes nationwide.

Governance Achievements

• Increased dividend payout ratio from 20% to 30%

Climate Goals & Targets

Environmental Challenges

• Decreased net profit due to increased depreciation expenses from new printing machine installations and strategic spending on new product releases and advertising.
• Challenges in mass production of AI Plate due to technical issues.
• Increased competition in overseas markets, particularly in the US.

Mitigation Strategies

• Strategic spending on advertising and sales promotion for new products.
• Research and development of mass production methods for AI Plate using resin and film materials.
• Focus on quality, variety, and ordering software to maintain a competitive advantage in the domestic market.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• NPO support
• Employee Stock Ownership

Social Achievements

• Supported NPOs through provision of photography services and materials.

Governance Achievements

• Repurchased company stock

Climate Goals & Targets

Environmental Challenges

• Slowdown in the Memorial Design Service (MDS) business due to a warm winter and reduced funeral services.
• Slight delay in mass production of AI plates for the Aerial Imaging (AI) business.

Mitigation Strategies

• Offered value-added products and services in the MDS business (e.g., funeral performance-related items).
• Actively worked towards mass production of AI plates.
• Developed alternative sourcing strategies and reduced business expenses by withdrawing from the Gift Netcom business.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Launched "kidss" sponsorship program supporting kids athletes with MyBook creation coupons.
• Established new management philosophy and action guidelines, promoting a company culture of embracing new challenges.

Governance Achievements

• Appointed Makiko Kawase, known for her achievements in innovation education, as an outside director to strengthen innovation.

Climate Goals & Targets

Environmental Challenges

• Continued impact of the COVID-19 pandemic on business operations, particularly in the photobook business due to reduced photography opportunities and delayed overseas orders.
• Slow recovery of the photobook market, leading to lower order value and production line underutilization.
• Increased investment in the air display business impacting profitability.

Mitigation Strategies

• Introduced new products like "life-size photos" to stimulate demand.
• Focused on expanding sales and improving profitability in 2023.
• Established a strategic planning department dedicated to exploring new businesses and implemented a system for collecting internal ideas.
• Accelerated collaboration with external ventures to create new value by combining technologies and know-how.
• Established a marketing promotion office to support sales from an overall company perspective and implemented cross-departmental projects.

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