Steps in identifying materiality

The Matsuda Sangyo Group is engaged in reviews in line with the following steps.

Firstly, we extracted the issues that should be reviewed with reference to the Group’s management plan, international frameworks such as the GRI Standards, ISO 26000, and IIRC, and international codes such as RBA.*

After that, the issues were organized, evaluated and verified along the two axes of “importance to society” and “importance to the Matsuda Sangyo Group,” and discussions were conducted repeatedly at the management level based on the corporate philosophy and basic policy, upon which the sustainability materiality were identified.

In the Medium-term Management Plan formulated in May 2022, the materiality was identified and resolved by the Board of Directors.
 

*RBA: A code of conduct for the supply chains of the electronics industry and industries related to electronic equipment.

The Matsuda Sangyo Group’s materiality

The Matsuda Sangyo Group has positioned “environment,” “quality and safety,” and “human rights and labor” as its materiality in line with the abovementioned process. The varied social issues surrounding the world include many risks that threaten continued corporate management. However, by addressing these issues that we have established as our materiality and deriving solutions toward the realization of our corporate vision and mission, we believe that these risks will lead us to the creation of new opportunities.

We have established a Sustainability Committee within the Group to sort out the risks and opportunities in addressing the identified materiality, and to further accelerate ESG management going forward.

In deciding on the concrete targets and initiatives, the Sustainability Committee will roll out the medium-to-long term management strategy with the aim of enhancing social and corporate value. 

Enhancing corporate value through dialogue with stakeholders

The Matsuda Sangyo Group will continue to strengthen mutual understanding with stakeholders and promote socially meaningful business through the following communication methods.