TAKARATOMY

TAKARATOMY GROUP CSR
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TOMY Group Material issues

TOMY Group Material issues

The TOMY Group has defined eight material issues for achieving its CSR vision of becoming friends with children around the world. We would like to share details of each of these issues, which were defined following careful discussion with our stakeholders.

For details about how we defined our material issues and the discussions we had with stakeholders during the process, please take a look at each individual page.

■Special Feature: TOMY Group Social Responsibility Goals

■Stakeholder Engagement

1. Ensuring Confidence, Safety, and Quality

SDGs we can directly contribute to through our business
12.RESPONSIBLE CONSUMPTION AND PRODUCTION
Indirectly relevant SDGs
3.GOOD HEALTH AND WELL-BEING

Our customers, employees and investors are very concerned about how we can ensure confidence, safety, and quality. Global society demands appropriate management of chemical substances used in products and production processes that could have a potentially damaging impact on the human body and broader ecosystems.
The TOMY Group has always prioritized initiatives that help ensure safety and product quality, and we intend to further strengthen these frameworks across the entire Group going forward.

■Action Strategy

  1. Pursue safety and product quality-related initiatives even more vigorously
  2. Adopt an even stricter response against hazardous chemical substances

2. Creating New Products, Services, and IP

SDGs we can directly contribute to through our business
4.QUALITY EDUCATION8.DECENT WORK AND ECONOMIC GROWTH9 産業と技術革新の基盤をつくろう16.PEACE,JUSTICE AND STRONG INSTITUTIONS

Some experts told us that they wanted the TOMY Group to contribute to the education of children through toys by using new technologies to create new products, services and IP*1 and, in so doing, extend those benefits beyond the toy industry to the industrial sector as a whole.
Our timeless brand, which is loved kids and adults alike, and our IP are our Group’s key strengths. We are determined to continue contributing to the healthy growth of children through our products and services while striving to create and acquire IP and implement countermeasures against counterfeit products.

*1 Created expressions, potentially commercially useful information and marks, and intangible but potentially lucrative items, including patents (patent rights), trademarks (trademark rights) and designs (design rights). The rights to exclusive use recognized for the creators of intellectual property under national legal systems and treaties are called intellectual property rights (IPRs).

■Action Strategy

  1. Carve and nurture a brand with timeless popularity
  2. Solve social issues through toys
  3. Capture our techniques and expertise in tangible forms and hand them down to future generations

3. Promoting Universal Design

SDGs we can directly contribute to through our business
12.RESPONSIBLE CONSUMPTION AND PRODUCTION
Indirectly relevant SDGs
5.GENDER EQUALITY10.REDUCED INQUALITIES

Our consumers and employees are very interested in promoting universal design. It was also the most talked-about issue at our kids’ symposium. The TOMY Group has always striven to create accessible-design toys that children with visual and hearing disabilities can also enjoy. We intend to continue promoting universal design, with the aim of creating products and services that anyone can enjoy, irrespective of age, gender, disability and ability. We will also be promoting expressions in our advertising and marketing that are sensitive to a child’s stage of growth and diversity.

■Action Strategy

  1. Promote universal design in our products and services
  2. Promote advertising and marketing expressions that are sensitive to different child growth stages and diversity

4. Organizational Governance and Communication with Stakeholders

SDGs we can directly contribute to through our business
12.RESPONSIBLE CONSUMPTION AND PRODUCTION16.PEACE,JUSTICE AND STRONG INSTITUTIONS17.PARTNERSHIPS FOR THE GOALS
Indirectly relevant SDGs
5.GENDER EQUALITY10.REDUCED INQUALITIES

Our employee and customer surveys found that they have high interest in stakeholder communication. The TOMY Group does already communicate with various stakeholders, but, in future, we are determined to promote richer communication and discussion to help realize our CSR vision of becoming friends with children around the world, including by disclosing ESG information. We also remain committed to fulfilling compliance and promoting compliance-related education, another area of strong focus for stakeholders and employees.

■Action Strategy

  1. Continue to hold regular stakeholder dialogues
  2. Disclose environment, social and governance (ESG) data
  3. Continue to promote compliance and related education

5. Promoting Work Style Reform

SDGs we can directly contribute to through our business
8.DECENT WORK AND ECONOMIC GROWTH16.PEACE,JUSTICE AND STRONG INSTITUTIONS
Indirectly relevant SDGs
5.GENDER EQUALITY

Society increasingly expects companies to promote diversity*2 and create working environments that enable employees to achieve their full potential while juggling other responsibilities such as child or family care. Our employees submitted many different opinions on how we can best support upskilling and career-building.
The TOMY Group aims to create an environment in which diverse human resources can work together, hiring employees based on a comprehensive judgement that champions ability and individuality without reference to nationality or gender. We are also working proactively to rectify long working hours and address incidences of harassment. We will be considering ways to increase our number of senior female managers and promote diverse work styles.

*2 Embracing diverse human resources and cultures without reference to nationality, race, religion, disability, gender or age. In terms of corporate management, this refers to efforts to channel the appeal of diverse human resources into developing and energizing a company.

■Action Strategy

  1. Improve ratio of senior female managers
  2. Consider diverse work styles

6. Responsible Procurement

SDGs we can directly contribute to through our business
8.DECENT WORK AND ECONOMIC GROWTH12.RESPONSIBLE CONSUMPTION AND PRODUCTION16.PEACE,JUSTICE AND STRONG INSTITUTIONS
Indirectly relevant SDGs
3.GOOD HEALTH AND WELL-BEING5.GENDER EQUALITY

Investors, ESG evaluation institutions and external experts are urging us to exercise firmer management across our entire supply chain. Environmental and human rights considerations are especially attracting attention as important issues in global society as well.
The TOMY Group has worked together with business partners to ensure appropriate factory working conditions. Looking ahead, we intend to continue pressing for responsible procurement*3 with proud determination as respected role models for younger generations.

*3 Managing responsible procurement not only within our own Group but across our entire supply chain not just to ensure legal compliance but in consideration of human rights, the environment and other social perspectives.

■Action Strategy

  1. Determine a policy on responsible procurement

7. Environmental Management

SDGs we can directly contribute to through our business
12.RESPONSIBLE CONSUMPTION AND PRODUCTION
Indirectly relevant SDGs
3.GOOD HEALTH AND WELL-BEING6.CLEAN WATER AND SANITATION7.AFFORDABLE AND CLEAN ENERGY11.SUSTAINABLE CITIES AND COMMUNITIES13.CLIMATE ACTION14.LIFE BELOW WATER

In light of increasingly severe environmental issues such as resource depletion and climate change, global society is becoming more attentive to the way companies manage their environmental impact. At our kids’ symposium, children also offered various opinions on how we should handle wastes and climate change.
The TOMY Group is already pursuing several initiatives to help reduce environmental impact such as Eco Toy activities, but we can do more. Looking ahead, we plan to disclose our environmental data that investors and ESG evaluation institutions are looking for and strengthen our environmental management framework.

■Action Strategy

  1. Establish a firm environmental management framework

8. Encouraging Education and Culture through Our Business

SDGs we can directly contribute to through our business
4.QUALITY EDUCATION16.PEACE,JUSTICE AND STRONG INSTITUTIONS

The role of toys is not simply to support healthy child development, but also to assist children to learn about science and culture, which in turn will help them shape future society when they become adults. Some experts expect us to extend Japanese toy culture to other regions around the world.
At the TOMY Group, we seek to help promote educational and cultural development through our business by using familiar toys to support next-generation educational programs such as welcoming educational field trips and visiting schools.

■Action Strategy

  1. Offer toy-assisted learning to help solve social issues
  2. Continue education support activities such as welcoming educational field trips and visiting schools

We are currently in the process of creating concrete action plans for each of our material issues and establishing key performance indicators (KPIs) to help evaluate progress. We will bring you regular progress reports on our CSR website.

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