Climate Change Data

Environmental Metrics

Environmental Challenges

• Extremely severe situation in the Japanese economy due to decline in consumption activities as a result of social and economic activities being restricted by the COVID-19 pandemic.
• Unpredictable outlook for the economy.
• Harsh business climate affected by trends for the new Corona virus pandemics, such as the second and third wave of the new Corona virus pandemics.
• Unprofitable overseas businesses (sushi restaurants and wholesale businesses) requiring restructuring.
• Decrease in sales mainly due to the impact of the new Corona virus pandemic in the sales and distribution businesses.

Mitigation Strategies

• Implementing 3 medium-to long-term strategies under the mission of “Creating and Providing New Value through Food,” “Creating Brands That Create New Value,” “Building Various Sales Methods That Provide New Value,” and “Establishing a Management Foundation That Supports New Value and Sustainable Growth.”
• Introducing cloud kitchen-type delivery and take-out services based on restaurants.
• Reorganizing some overseas businesses.
• Developing a business portfolio through selection and concentration, including the development of health foods and launching a health promotion business.
• Continuing to select and concentrate on businesses and steadily transform and improve our business portfolio (future plan).
• Expecting the domestic business to return to profitability due to a recovery in sales and progress in the reorganization of overseas divisions (future plan).
• Thoroughly implementing austerity management by reducing fixed costs and other measures on a company-wide basis (future plan).

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Japanese GAAP

Sustainable Products & Innovation

• Health foods using fermentation and brewing technologies

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Sluggish sales of foodstuffs for business use in hotels and restaurants caused by the new Corona Virus infectious disease.
• Impact of the suspension of operations due to the re-expansion of the new Corona viral contagious disease.

Mitigation Strategies

• Withdrawal of unprofitable stores in the sales business.
• Efforts to improve profitability, including the conversion of stores to complex delivery and take-out formats.
• Reductions in fixed costs.
• Closure of unprofitable stores.
• Shift of seafood izakaya stores to multi-delivery stores.
• Opening of dedicated delivery stores.
• Appropriate allocation of human resources and cost reductions.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainability
• Human Capital Development
• Food Safety
• Diversity & Inclusion
• Environmental Initiatives (CO2 reduction, waste reduction, water conservation)

Environmental Achievements

• Reduced CO2 emissions and waste, implemented water conservation measures across the company
• Converted soy sauce lees (byproduct) into new energy source, reducing heavy oil usage

Social Achievements

• Launched JFLA Partner Scholarship (grant-type) program to support student part-time workers
• Implemented a 3-year human resource strategy focusing on employee growth and development, including internal and external training

Governance Achievements

• Established internal control system with internal control committee, compliance committee, and risk management committee
• Appointed two independent outside directors and two independent outside auditors

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: Null

Certifications: ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed