With corporate governance codes being widely enforced, more and more outside directors being appointed and ESG investment expanding, companies are required to disclose appropriate information to improve the transparency and reliability of their corporate governance. Boards of Directors are expected to reflect a diverse perspective in their decision-making processes, which can be achieved through a diverse representation of genders, ages, and international experience. Companies are also expected to build frameworks that can respond swiftly to changes in social environments along with effective risk management systems.

Relevant TOMY Group Material Issues and SDGs

TOMY Group Material Issues	Social Responsibility through Business
4. Organizational governance and communication with stakeholders

The TOMY Group strives to conduct all business activities based on its founding philosophy: “Let’s excite the world’s markets with our outstanding products. Our sincerity and diligence will contribute to society and lead to our own success and happiness.” Our three-year medium-term management plan announced in May 2021 states that we will leverage our strengths globally, and build the foundation towards sustainable growth. As one of the plan’s overall strategies, we are promoting sustainability and CSR initiatives, and striving to achieve more effective sustainability management.
In order to achieve highly transparent and healthy management and to earn the trust of our stakeholders, we are promoting a variety of initiatives, including strengthening our corporate governance system, expanding our disclosure of ESG data, fostering greater compliance adherence and corporate ethics, and engaging even more proactively with stakeholders.