Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• WELL認証
• LEED・緑色建築認証

Governance Achievements

• Established a Sustainability Committee

Climate Goals & Targets

Environmental Challenges

• Global economic instability due to the Ukraine situation
• Uncertainty regarding the end of the COVID-19 pandemic
• Extreme Yen depreciation
• ESG challenges in the Shenzhen project

Mitigation Strategies

• Monitoring the situation and taking appropriate measures
• Securing project funds in RMB
• Pursuing WELL and LEED certifications

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainable Development Goals (SDGs)

Climate Goals & Targets

Environmental Challenges

• Prolonged conflict in Russia and Ukraine
• Acceleration of inflation
• Rapid depreciation of the yen
• Disruption of the supply chain

Mitigation Strategies

• Strengthening the revenue base for the real estate leasing and management business
• Preparing for the start of a redevelopment project
• Refraining from taking in new tenants who planned long-term occupancy and involve renovation costs
• Refraining from renewing long-term contracts for tenants whose rental contracts will expire

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• SDGs

WIC will construct facilities that emphasizes Sustainable Development Goals (SDGs) in terms of environment

Environmental Metrics

ESG Focus Areas

• Sustainability
• Governance
• Diversity & Inclusion

Environmental Achievements

• Planning for LEED and green building certification for a real estate redevelopment project in Shenzhen, China, targeting completion in the first half of fiscal year 2027.

Social Achievements

• Not disclosed

Governance Achievements

• Established a Sustainability Committee and developed basic policies.
• Strengthened the supervisory function of the board of directors by having three audit and supervisory committee members with voting rights participate in management decision-making.

Climate Goals & Targets

Environmental Challenges

• Delays in the Shenzhen real estate redevelopment project due to the COVID-19 pandemic.
• Low percentage of women and foreign nationals in the workforce.
• Lack of a formal process for CEO dismissal.

Mitigation Strategies

• Addressing the Shenzhen project delays while prioritizing sustainability/ESG and aiming for LEED and green building certification.
• Continuing to promote diversity and inclusion initiatives and considering setting numerical targets.
• Planning to establish a procedure for CEO dismissal in conjunction with succession planning.

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: Null

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

• Environment
• Innovation
• Information Disclosure
• Governance
• Human Capital

Environmental Achievements

• Working towards WELL certification, LEED, and Green Building certifications for the World Innovation Center (WIC) project.

Social Achievements

• Not disclosed

Governance Achievements

• Established a Sustainability Committee to oversee ESG-related risks and opportunities.
• Established a Compliance Risk Management Committee and internal control system.

Climate Goals & Targets

Environmental Challenges

• Impact of US-China trade friction on attracting foreign investment to the WIC project.
• Rapid yen depreciation increasing investment costs.
• Addressing ESG challenges in the WIC project.
• Securing specialized personnel for real estate development.

Mitigation Strategies

• Promoting WIC to companies through information platforms and matching systems.
• Securing project funding in RMB from local financial institutions to minimize currency fluctuations.
• Pursuing WELL, LEED, and Green Building certifications for the WIC project.
• Actively recruiting personnel for development, design, and cost management.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient buildings

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

The WIC project aims to contribute to SDGs through innovation and sustainable development.

Sustainable Products & Innovation

• World Innovation Center (WIC) project designed with sustainability in mind

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainable Development
• ESG (Environment, Social, and Governance)

Climate Goals & Targets

Environmental Challenges

• Uncertainty in the global economic environment due to the prolonged situation in Ukraine and tensions in the Middle East.

Mitigation Strategies

• Strengthening the revenue base for the real estate leasing and management business.
• Preparing for the start of a development project.
• Implementing measures to balance obtaining licenses and permits for development projects.

Supply Chain Management

Climate-Related Risks & Opportunities