Doshisha Co., Ltd.
Climate Impact & Sustainability Data (FY3/20 to FY3/21, FY3/23 (Fiscal Year ending March 2023))
Reporting Period: FY3/20 to FY3/21
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Improved inventory turnover ratio KPI to 20x, aiming to reduce environmental impact by preventing inventory buildup and losses.
Social Achievements
- Working to reduce overtime and increase the ratio of employees using paid leave without loss of business quality to improve work-life balance.
- Providing support to employees to acquire official skills certifications related to their jobs to deepen specialist skills and spur motivation.
Governance Achievements
- Board of Directors with three outside directors on the eight-person board and two outside members on the four-person Audit & Supervisory Board.
- Upgrading the internal control system in accordance with the Basic Policy for Building an Internal Control System, focusing on internal audits, the internal whistle-blower system, the Crisis Management Committee, and the Compliance Promotion Committee.
Climate Goals & Targets
Environmental Challenges
- Unprecedented operating environment during FY3/21 with retailer closures due to states of emergency.
Mitigation Strategies
- Continued building of a sustainable business framework supported by solid finances, leveraging the Group’s ability to adapt to change using manufacturer and trading company capabilities to optimize the business portfolio.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Cat Tongue tumblers
- Sutto frying pans
Reporting Period: FY3/23 (Fiscal Year ending March 2023)
Environmental Metrics
ESG Focus Areas
- Helping people lead richer lives by providing ‘unique and exciting’ moments
- Promote environmentally friendly business activities
- Become a company that coexists with and contributes to society
- Create a passionate, motivating corporate culture and develop human resources
- Improve corporate governance
Environmental Achievements
- Operate an ISO 14001 environmental management system
- Promote the use of clean energy and reduce greenhouse gas (GHG) emissions
- Reduce the environmental impact of our business activities
- Reduce environmental impact through product development based on the principles of “Reduce”, “Reuse” and “Recycle”
Social Achievements
- Develop and train human resources
- Promote diversity
- Work-style reforms
- Health & productivity management
- Contribute to society through dialogue with stakeholders
- Respect human rights across the supply chain
Governance Achievements
- Reinforce risk management
- Compliance
Climate Goals & Targets
Medium-term Goals:
- Targeting ordinary income of ¥9 billion in FY3/24, ¥10 billion in FY3/25
Environmental Challenges
- Soaring raw material prices and weak yen in 1H FY3/23 impacting sales.
- Slowed sales of winter home appliances due to increased consumer focus on energy saving.
Mitigation Strategies
- Higher selling prices after price negotiations with customers
- Expanding product range to capitalize on opportunities in single-price retailers
- Launching more specialist, unique products to improve gross profit margin.
Supply Chain Management
Responsible Procurement
- Leveraging the extensive knowledge and expertise of our roughly 2,100 suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD Recommendations
Certifications: ISO 14001, ISO 9001
Sustainable Products & Innovation
- EVERCOOK frying pans
- Sutto frying pans
- OIMO MERCI confectionery brand