Management of Material Issues and Risks by the Sustainability Promotion Committee

「The Board of Directors receives reports from the Risk and Compliance Committee and the Sustainability Committee on the status of initiatives and progress toward targets concerning risks and opportunities in the business, and monitors them. It also oversees newly established response measures and targets.」

「The president and representative director serves as chair of the Sustainability Promotion Committee. The committee consists of directors, executive officers and persons appointed by the chair, with the Corporate Planning Office serving as the responsible department. Project teams such as the SDGs Promotion Team are established as needed to discuss measures for achieving various objectives.」

「The Corporate Planning Office selects and evaluates reports from the departments responsible for individual risks, deliberates on the identification of company-wide risks and appropriate responses, and reports to the Board of Directors once each quarter.」

「The Sustainability Promotion Committee deliberates on the formulation of sustainability strategies, including the identification of material issues and the company's response to ESG matters, and makes recommendations to the Board of Directors. It evaluates once a year the impact of risks on the business, sets policies to minimize identified risks and capture opportunities, considers and formulates response measures, and establishes targets. It also deliberates on progress toward the targets and reports to the Board of Directors once a year.」