Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Governance
• Community Engagement
• Diversity & Inclusion

Environmental Achievements

• Introduced renewable energy in some areas in 2022.
• Developed sustainable original jewelry brand “ENEY” using lab-grown diamonds.
• Achieved Eco Mark certification for Matsuya Ginza in March 2022.

Social Achievements

• Launched "Beautiful Mind" promotion in 2021 focusing on sustainable and ethical products and services.
• Implemented various charity activities, supporting organizations like Japan Heart, Room to Read, and Plan International.
• Celebrated Matsuya Asakusa's 90th anniversary with various events and promotions.
• Implemented various initiatives to improve customer relationships and shopping convenience.

Governance Achievements

• Transitioned from a company with a board of auditors to a company with an audit committee in May 2022.
• Established a Sustainability Committee in March 2022.
• Increased the proportion of outside directors on the board and the nomination and compensation committee.

Climate Goals & Targets

Environmental Challenges

• Economic slowdown due to repeated outbreaks of COVID-19.
• Geopolitical risks and fluctuations in financial and capital markets.
• Impact of COVID-19 on the department store industry.

Mitigation Strategies

• Implemented cost reduction measures.
• Developed various “offensive business” strategies, including strengthening online presence and integrating online and offline channels.
• Implemented structural reforms in the food service business.
• Strengthened business strategies in the department store business, focusing on profitability and portfolio review.

Supply Chain Management

Responsible Procurement

• Using lab-grown diamonds for sustainable jewelry brand "ENEY".

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• ENEY (lab-grown diamond jewelry)

Environmental Metrics

ESG Focus Areas

• Sustainability
• Climate Change
• Diversity & Inclusion
• Governance

Environmental Achievements

• Switched all plastic shopping bags in department stores to bio-mass blended products.
• Reduced the use of specific plastic products such as spoons and straws.
• Implemented reuse of environmentally friendly office supplies and promoted simple packaging with customer cooperation.
• Actively implemented energy-saving measures through LED lighting, updates to air conditioning/heating equipment, and diligent switching off of store lighting.

Social Achievements

• Set a numerical target for the ratio of women in management positions.
• Promoting career awareness through gender-neutral placement and role assignments.
• Providing multifaceted career support, including management training through external training programs.
• Established systems exceeding legal requirements for employees on childcare leave, emphasizing opportunities for ability development beyond work-life balance.

Governance Achievements

• Established a Sustainability Committee in March 2022 to formulate policies and goals for environmental and social issues.
• Strengthened governance by establishing a Nomination and Remuneration Committee with a majority of independent outside directors.
• Implemented a performance-based compensation system for executive officers to align compensation with company performance.
• Introduced a system for reporting on related party transactions and conducting annual reviews.

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: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Bio-mass blended shopping bags

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• 脱炭素社会への貢献
• ダイバーシティ＆インクルージョン
• ガバナンスの強化
• 社会貢献

Environmental Achievements

• エコマーク認定取得(2022年3月)
• 再生可能エネルギーの活用(2022年から一部で導入)
• サステナブルな独自商品の開発（ENEY）

Social Achievements

• 銀座・浅草の地域発展への貢献（銀座もの繋ぎプロジェクト、浅草もの繋ぎプロジェクト）
• 地域共創装飾プロジェクト
• チャリティ活動（ルーム・トゥ・リードへの寄付）

Governance Achievements

• サステナビリティ委員会の組織化(2022年3月)
• 監査役会設置会社から監査等委員会設置会社への移行(2022年5月予定)
• 取締役会の構成を見直し、活性化と独立性の向上
• 指名・報酬委員会の独立性の向上
• 政策保有株式の縮減

Climate Goals & Targets

Environmental Challenges

• コロナ禍の影響による業績悪化
• インバウンド消失
• グループ企業の業績悪化
• プライム市場への移行に伴うコーポレートガバナンス・コードの要請

Mitigation Strategies

• ビジネスモデルの改革
• 経営資源の再配分
• 事業ポートフォリオの見直し
• 早期営業黒字化
• 財政状態の改善
• ガバナンス強化
• サステナブル経営の推進

Supply Chain Management

Responsible Procurement

• サステナブルな独自商品の開発

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• ENEY

Environmental Metrics

ESG Focus Areas

• Governance
• Human Resources Diversity
• Sustainability
• Climate Change (TCFD aligned)

Environmental Achievements

• Shift to bio-mass blended plastic shopping bags, reduction of specific plastic products (spoons, straws), simplified packaging, and use of eco-friendly reusable office supplies.
• Recycling of waste (cans, bottles, PET bottles, cardboard, food waste).
• Introduction of renewable energy in some stores and offices.
• LED lighting, updates to air conditioning/heating equipment, and diligent store lighting shut-off.

Social Achievements

• Target of 30% female management by 2030, with support for work-life balance and career development.
• Enhanced experienced hire recruitment and support for career development.
• Focus on creating a respectful and supportive organizational culture.
• Implementation of initiatives to improve employee engagement.

Governance Achievements

• Establishment of a Nomination and Remuneration Committee with a majority of independent outside directors.
• Implementation of a performance-based compensation system for executives.
• Regular monitoring of corporate governance effectiveness through third-party assessments and internal reviews.

Climate Goals & Targets

Environmental Challenges

• Further securing time for discussions on long-term management and business strategies in board meetings.
• Improving understanding of the company's management and business through training.
• Expanding discussions on management development plans.
• Improving information sharing within the audit committee, methods for exchanging opinions with the representative director, effective audits of group companies, and the required time for the audit committee.

Mitigation Strategies

• Continued use of remote systems for pre-briefings and providing opportunities for explanations with the presence of executive officers to promote better understanding of agenda items and deeper discussions.
• Paperless board materials and electronic minutes.
• Addressing challenges through continuous improvement and reflection in the next year's audit plan.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: TCFD