Materiality formulation process

In December 2020, the Group formulated the materiality, which were accepted by the Board, using the following process.

  • STEP1

    Internal evaluation of international guideline items
    (stratified by importance to us)

    From the viewpoint of importance to our company, we interviewed related divisions in our company regarding a total of 34 items, 32 items from GRI Standards and two unique items, and scored them (three-grade evaluation).
    * ISO26000 (Guidance on CSR published in 2010), SDGs (Sustainable Development Goals adopted by the UN in 2015), GRI Standards (Guidelines for integrated report entry items established in 2016)

  • STEP2

    External evaluation of international guideline items
    (stratified by the degree of interest of our stakeholders)

    Adding points to the issues that the external evaluation organization pays attention to and the number of companies that consider items important among the four benchmark companies, we stratified them into three grades (evaluated by a third-party organization).

  • STEP3

    Confirmation of important issues (materiality)

    Items that are located in the “particularly high area” of importance to our company and degree of interest of our stakeholders are judged to be the most important issues.

  • STEP4

    Identification of important issues (materiality)

    Five important themes and 15 important issues (in Sept. 2024, after review and board resolution, 11 items) have been identified.

FY 2020 and FY 2024 Materiality Matrix Comparison