Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Human Capital
• Intellectual Property
• Climate Change

Environmental Achievements

• Not disclosed

Social Achievements

• Increased female management to 18% and female executives to 33% as of April 1, 2021. Actively promoting diverse hiring including women, foreigners, and those with varied career backgrounds.
• Implemented childcare, nursing care, part-time regular employee, and re-employment systems.

Governance Achievements

• Established a Nomination and Remuneration Committee composed of a majority of independent outside directors to enhance objectivity and transparency in the nomination and compensation processes for directors and executive officers.
• Implemented a performance-based stock compensation system.

Climate Goals & Targets

Environmental Challenges

• Low percentage of foreign investors (0.35% as of the end of March 2021).
• Previously lacked proactive disclosure of sustainability initiatives in management strategy disclosures.
• Lack of sufficient data collection and analysis on climate change-related risks and opportunities.

Mitigation Strategies

• Considering disclosure of information in English for foreign investors.
• Committing to clearer and more specific disclosure of sustainability initiatives, human capital investments, and intellectual property investments.
• Planning to collect necessary data and analyze the impact of climate change-related risks and opportunities on business activities and profits to improve disclosure.

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: FSSC 22000

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

• SDGs

Social Achievements

• Launched Bulldog Fan Community website "Burukitchen" and held online cooking classes for members.
• Released "Zakuzaku Topping 100g", a flake-type topping condiment, for a wide range of menu uses.

Governance Achievements

• Selected "Prime Market" as the market segment for listing after the implementation of the new market classification.
• Established a "Nomination and Remuneration Committee" to enhance corporate governance.
• Adopted the "Bulldog Sauce Group SDGs Declaration"

Environmental Challenges

• Lingering impact of the COVID-19 pandemic on consumer spending and the food service industry.
• Significant increase in raw material and fuel prices due to global economic recovery, supply chain disruptions, crop failures, and rising oil prices.
• Decreased domestic demand for inner-eating compared to the previous year, particularly for dressings and specialty sauces.

Mitigation Strategies

• Active proposal of deli and takeout menus to acquire new customers.
• Expansion of export products due to the global economic recovery.
• Efforts to improve operational productivity and reduce expenses.
• Direct communication with consumers through SNS, including online cooking classes and factory tour videos.
• Collaboration with other seasoning manufacturers on menu development.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Zakuzaku Topping 100g

Environmental Metrics

ESG Focus Areas

• Sustainability
• CO2 emissions reduction
• Renewable energy
• Sustainable packaging
• Human capital investment
• Intellectual property investment
• Climate change

Environmental Achievements

• Initiatives for CO2 emissions reduction, renewable energy utilization, and sustainable packaging are underway. Specific quantified achievements are not provided in this report.
• SDGs declaration made in December 2021.

Social Achievements

• Implementation of a senior employee system offering employment opportunities until age 70.
• Introduction of part-time regular employee system and flextime system.
• Company-wide human rights education.
• Development of a supportive work environment considering work-life balance, including part-time regular employee system, senior employee system, re-employment system, and childcare/nursing care support systems.

Governance Achievements

• Establishment of a Nomination and Remuneration Committee composed of a majority of independent outside directors.
• Implementation of a performance-based stock compensation system.
• Regular monitoring of the investment management company's stewardship activities and quarterly monitoring of investment performance.

Climate Goals & Targets

Environmental Challenges

• Data collection and analysis for TCFD disclosure is ongoing.

Mitigation Strategies

• Preparing to disclose TCFD-based data by June 2023.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainability

Environmental Achievements

• Completion of Tatebayashi Creation Center in April 2023, aimed at improving production efficiency, reducing environmental burden, and building a safe and stable production system.
• Launched environmentally friendly paper packaging for "fluffy texture authentic okonomiyaki material set" and planned product "LET'S ENJOY! Outdoor・de・powder thing set"

Social Achievements

• Not disclosed

Governance Achievements

• Established a Sustainability Committee as an advisory body to the Board of Directors in April 2023 to promote management reforms to achieve sustainable growth of the Bulldog Sauce Group.
• Established Nomination and Remuneration Committee in December 2021

Climate Goals & Targets

Environmental Challenges

• Raw material price increases
• Customer's cost-cutting mentality
• Challenges in the food service industry (price increases, egg shortages)
• Establishing an overseas expansion model

Mitigation Strategies

• Price revisions in June 2022 and February 2023
• Efforts to improve brand value (smile logo mark, official book with Takarajimasha)
• Regional collaboration for new products ("Kiryu source pork cutlet bowl sauce", "Zaku-zaku topping")
• Needs and usage surveys, information gathering by external organizations, and internal system building for overseas expansion
• Setting specific goals for sustainable value chain realization and promoting DX in production and sales, actively recruiting and training specialized personnel to significantly improve productivity.

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: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Environmentally friendly paper packaging for "fluffy texture authentic okonomiyaki material set" and planned product "LET'S ENJOY! Outdoor・de・powder thing set"

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• Climate Change
• Human Capital
• Food Safety

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Transitioned to an Audit Committee Company in June 2016 to strengthen the audit and supervisory functions of the directors' execution of duties.
• Established a Nomination and Remuneration Committee in April 2020 to enhance the objectivity and transparency of the evaluation and determination process for executive compensation.
• Introduced a performance-based stock compensation system to align the interests of shareholders and management.

Climate Goals & Targets

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: TCFD

Certifications: FSSC 22000

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

• SDGs
• TCFD
• Sustainability
• Supply Chain Responsibility
• Human Rights

Environmental Achievements

• Reduced CO2 emissions by implementing measures such as using renewable energy and improving production efficiency (Specific figures not provided).
• Switched to sustainable packaging for household products (Specific figures not provided).

Social Achievements

• Established human rights and diversity & inclusion policies.
• Initiated employee well-being programs (Specific details not provided).

Governance Achievements

• Established anti-corruption training for all employees (Implicit, not explicitly stated).
• Endeavored to improve governance quality and transparency (Implicit, not explicitly stated).

Climate Goals & Targets

Environmental Challenges

• Record-high raw material and fuel prices, significantly impacting operating profit.
• Supply chain disruptions (Implicit, due to raw material price increases).

Mitigation Strategies

• Implemented price revisions (June 2022, February 2023).
• Improved productivity and reduced expenses.
• Developed alternative sourcing strategies (Implicit, through sustainable value chain initiatives).

Supply Chain Management

Responsible Procurement

• Human rights, labor, and environmental considerations in sourcing.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD, SDGs

Sustainable Products & Innovation

• Sustainable packaging