FRANCE BED HOLDINGS CO., LTD.
Climate Impact & Sustainability Data (2021-12 to 2022-03, 2022, 2024)
Reporting Period: 2021-12 to 2022-03
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- All mattresses received Eco Mark certification, including industry-first certification for a disinfecting mattress.
- Developed "MORELIY," an environmentally friendly mattress disassembly system, winning a 2021 Good Design Award.
Social Achievements
- Acquired Homecare service Yamaguchi to strengthen the medical service business foundation.
- Increased the number of exhibition halls to promote environmentally friendly products.
Governance Achievements
- Selected "Prime Market" as the new market category on the Tokyo Stock Exchange.
- Published a corporate governance report addressing key issues and outlining future plans for improvement.
Climate Goals & Targets
Medium-term Goals:
- Achieve sales of 59 billion yen, ordinary income of 4.8 billion yen, and ROE of 8% or higher by March 2024.
Short-term Goals:
- Increase the number of sales offices to 103 by March 2024.
- Increase the number of employees by 80 by March 2024.
- Install MORELIY in 50% of mattresses within 10 years.
Environmental Challenges
- Shortage of nursing care providers due to declining birthrate and aging population.
- Disposal of over 100,000 rental items annually in the medical service business.
- Difficulty in disassembling mattresses for recycling due to varying municipal disposal methods.
Mitigation Strategies
- Proactive investment in infrastructure, including new service centers in Tokyo, Osaka, and Nagoya.
- Development of labor-saving welfare equipment and environmentally friendly products.
- Development of "MORELIY" to simplify mattress disassembly and promote recycling.
- M&A to acquire market share in the welfare equipment rental business.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Eco Mark certified mattresses
- MORELIY mattress disassembly system
- Multi-position bed for getting up from bed
Awards & Recognition
- 2021 Good Design Award for MORELIY
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Efficient use of resources
- CO2 emission reduction and energy conversion
- Provision of more secure, safer and more highly valued products and services
- Development of human resources
- Promotion of diversity and work-life balance
- Governance
- Compliance
- Sound finances
Social Achievements
- Aiming for group-wide goals of having “more than 35% female employees and 15% female managers by 2030,” and “more than 3% of employees with disabilities and 50% of male employees taking childcare leave (maintaining 100% for female employees) by 2030.”
Governance Achievements
- Established a Nomination and Compensation Committee under the Board of Directors, consisting of five Directors, including three External Directors, in order to strengthen the independence, objectivity, and accountability of the Board of Directors’ functions related to the nomination and remuneration of senior management and Directors.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Efficient use of resources
- CO2 emission reduction and energy conversion
- Provision of more secure, safer and more highly valued products and services
- Development of human resources
- Promotion of diversity and work-life balance
- Governance
- Compliance
- Sound finances
Environmental Achievements
- Not disclosed
Social Achievements
- Group-wide goals of having “35% or more female employees and 15% or more female managers by 2030,” and “3% or more employees with disabilities and 50% or more male employees taking childcare leave (maintaining 100% for female employees) by 2030.”
Governance Achievements
- Established a Nomination and Compensation Committee under the Board of Directors, consisting of six Directors, including four External Directors, in order to strengthen the independence, objectivity, and accountability of the Board of Directors’ functions related to the nomination and remuneration of senior management and Directors.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- 35% or more female employees and 15% or more female managers by 2030
- 3% or more employees with disabilities and 50% or more male employees taking childcare leave (maintaining 100% for female employees) by 2030
- Net sales of ¥65,000 million, operating profit of ¥5,420 million, ordinary profit of ¥5,400 million and ROE of 8.5% or greater in the fiscal year ending March 31, 2027
Short-term Goals:
- Not disclosed
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: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- mattresses with bacteria eradication and other features and motorized beds
Awards & Recognition
- Not disclosed