Sustainability Management of Toyo Seikan Group

Management Philosophy of Toyo Seikan Group

Toyo Seikan Group Sustainability Charter

We will conduct our business activities in accordance with the Toyo Seikan Group Sustainability Charter to ensure the consistency between the sustainable development of society and our company's sustainable growth.

• We will practice the management philosophy in pursuit of the establishment of a sustainable society.
• We will work to improve value co-creation through dialog and collaboration with stakeholders.
• We will identify material issues and strive to solve them in accordance with the Action Policy and the Code of Conduct.
• We will carry out concerted business activities across the Group based on the spirit of this charter.

Click here for full text of the Toyo Seikan Group Sustainability Charter.

Co-Creating Value with Stakeholders

The Toyo Seikan Group exists through its stakeholders on the basis of their trust. Through dialogue and collaboration with customers who honor us by using our products and services, with suppliers, and with the local community, we endeavor to resolve social issues through our business. Furthermore, we can sharpen our competitive edge by supporting the diversity of our workforce, being an enjoyable place to work, and developing talent that leads to new value creation. In addition, in response to the increasing interest in ESG investments, we actively engage in dialogue with shareholders and investors.

Co-creation of value with stakeholders

*The table can be scrolled left or right.

	Engagement results	Future value creation strategy
Customers	Collaboration Fair 2023 A private show was held at Tokyo Midtown Hall on November 8–10, 2023, attended by 2,000 visitors from 380 companies over three days. Through seminars by developers from individual companies and product exhibits from 10 companies within the Toyo Seikan Group, propositions were put forward on what value can be supplied by the Group to address customer issues.	We will continue to hold the Collaboration Fair on a regular basis and strengthen our relationships with customers as co-creation partners.
Business partners	Conducting self-assessments on CSR guidelines As a communications tool for realizing a sustainable society along with the Group, we asked suppliers to join the Group in conducting a self-assessment of our Toyo Seikan Group CSR Guidelines for Suppliers and expanded the scope to operating companies. The exercise had a response rate of 72.2% among companies receiving a request in FY2023.	With the intent of enhancing communications, we expanded the set of suppliers to cover in the future.	Self-assessment response rates
Shareholders and investors	IR and SR engagement activity Through IR and SR interviews, we received numerous opinions on capital efficiency and shareholder returns policy.	After reflecting valuable opinions in management strategy, we are providing better value.	IR/SR meetings
Local communities	Educational support initiatives Educational support is provided on careers and the environment. In FY2023, a total of 74 visiting classes were offered to 6,165 students from the Group.	As a result of the increased requests for visiting classes at each Group company, we are providing support for educational materials and sending instructors. Toyo Seikan Group Holdings is using the Internal Side Job System, in which two people have chosen to work as lecturers for visiting classes (October 2023 to March 2024).

Sustainability Promotion Framework of Toyo Seikan Group

In April 2022, we established the Sustainability Department, which has responsibility for internal and external communication and public relations in addition to environmental and CSR issues. As a key organization for implementing corporate strategies, the new department will drive group-wide sustainability initiatives to ensure the continuity and development of society and our business.

We also established the Group Sustainability Committee for sustainability management in operations across the Group. The committee, chaired by the president of Toyo Seikan Group Holdings and attended by presidents of major group companies, meets forth a year in principle. The issues discussed by the committee are reported to the Management Strategy Meeting and the Executive Management Meeting, as appropriate, to be reflected in our corporate strategies. The committee’s activities are also immediately reported to the Board of Directors to be supervised by the board.