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Environment

Energy Consumption [*b]

Unit FY2018
(Base Year) 		FY2023 FY2024 FY2025
Scope1 City Gas 1,000m3 30.8 8.9 8.1 9.1
LP Gas t 78.1 72.9 77.4 87.5
Heavy oil kl 92.7 98.6 98.4 99.6
Kerosene kl 37.7 38.4 43.0 48.9
Gasoline kl 657.6 520.0 501.5 470.4
Light oil kl 156.3 135.6 130.1 139.7
Scope2 Electricity 1,000kWh 10,365 9,929 9,671 10,679
Heat GJ 10,025 12,142 12,741 12,893

* The figures have been revised to reflect retrospective corrections made due to errors in previously disclosed data.

* The breakdown of energy consumption includes non-renewable sources such as fuel, electricity, heating, cooling, and steam. Currently, no renewable energy sources such as biofuels have been identified.

* The energy consumption figures do not include energy consumption outside the organization.

* For the FY2025 performance figures, some locations have used FY2024 actual results due to the unavailability of FY2025 data.

GHG emissions [*a]

GHG emissions by Scope [*a]

（t-CO2e）

Scope FY2018
(Base Year) 		FY2023 FY2024 FY2025
Scope1 4,757 4,044 4,058 4,158
Scope2 Location-based method 11,284 8,518 7,832 8,322
Market-based method 10,344 7,165 6,852 6,219
Scope3 479,724 411,041 437,448 416,336
Total (Market-based method) 494,795 422,250 448,358 426,713

* For detailed figures, please refer to the table below.

Energy-derived GHG emissions by country: Scope1 and Scope2 [*a]

（t-CO2e）

(Unit：t-CO2e) FY2018
(Base Year) 		FY2023 FY2024 FY2025
Region Country
Japan Japan (Market-based method) 8,845 6,930 7,108 6,570
Japan (Location-based method) 9,815 8,284 8,088 8,674
Americas US 2,728 1,667 1,400 1,404
Canada 228 162 143 200
Total 2,956 1,829 1,543 1,605
Europe UK 575 288 245 242
France 153 112 135 148
Netherlands ‐ 225 150 147
Germany 177 137 119 120
Italy 95 86 94 144
Total 1,001 848 743 802
Asia ・Oceania China (factory) 1,489 1,003 971 899
China 86 37 37 35
Taiwan 213 183 184 184
Hong Kong 95 66 50 23
South Korea 217 209 187 182
Singapore 19 13 12 12
Thailand 41 27 25 26
Australia 111 65 50 38
Total 2,270 1,602 1,516 1,400
Total (Market-based method) 15,071 11,209 10,910 10,377
Total (Location-based method) 16,041 12,563 11,890 12,481
Comparison to Base Year (Market-based method) (%) 74.4 72.4 68.9
Emission intensity Market-based method 8.46 4.88 4.54 4.01
Location-based method 9.01 5.47 4.95 4.82

* Due to rounding of figures by country, the totals may not exactly match.

* Market-based figures are calculated using the market-based method, applying emission factors for electricity suppliers published by the Ministry of the Environment of Japan. For sites where electricity procurement data is unavailable, as well as for overseas sites, location-based emission factors are used.

* For FY2025, some sites have used FY2024 figures due to data availability.

* The FY2025 market-based emissions for Japan reflect the environmental attributes obtained through the purchase of Non-Fossil Certificates

* Some of the actual figures for previous fiscal years have been retrospectively revised due to updates in certain data.

* Emission intensity: Greenhouse gas emissions (t-CO2e) per 100 million yen of consolidated revenue.

Other Indirect Greenhouse Gas (GHG) Emissions (t-CO2e): Scope 3 [*a]

（t-CO2e）

Category FY2018
(Base Year) 		FY2023 FY2024 FY2025
GHG emissions Break (%) GHG emissions Break (%) GHG emissions Break (%) GHG emissions Break (%)
Category 1 (Purchased products and services) 391,915 81.7 328,521 79.9 345,128 78.9 322,584☑ 77.5
Category 2 (Capital goods) 9,392 2.0 6,451 1.6 13,172 3.0 12,535 3.0
Category 3 (Fuel- and energy-related activities) 3,755 0.8 3,569 0.9 4,066 0.9 6,150 1.5
Category 4 (Upstream transportation and distribution) 10,855 2.3 15,319 3.7 14,526 3.3 15,001 3.6
Category 5 (Waste generated in operations) 317 0.1 583 0.1 729 0.2 514 0.1
Category 6 (Business travel) 4,207 0.9 7,275 1.8 7,269 1.7 7,437 1.8
Category 7 (Employee commuting) 4,438 0.9 4,219 1.0 4,241 1.0 4,216 1.0
Category 8 (Upstream leased assets) 3,686 0.8 4,472 1.1 4,091 0.9 3,143 0.8
Category 9 (Downstream transportation and distribution) 159 0.0 509 0.1 491 0.1 840 0.2
Category 12 (End-of-life treatment of sold products) 51,001 10.6 40,123 9.8 43,375 9.9 43,916☑ 10.5
Total 479,724 100.0 411,041 100.0 437,448 100.0 416,336 100.0
Comparison to Base Year (%) 85.7 91.2 86.8

* Notes:

* Emissions from purchased electricity in Japan are calculated using the market-based method.

* The calculation scope is the domestic Mizuno Group and overseas Mizuno Group.

* Scope 1: Greenhouse gas (GHG) emissions from a companyʼs direct operations, such as the in-house use of fuel.

* Scope 2: A companyʼs indirect GHG emissions from purchased electricity, heat, and steam.

* Scope 3: A companyʼs indirect GHG emissions coming from product manufacturing, transportation, employeesʼ business travel and commuting within the supply chain.

* For Scope 1 and 2, emissions are from energy sources.
For Scope 3, non-energy source greenhouse gases are partly included according to the guidelines from the Ministry of the Environment.

* The data marked with ☑ has been assured by a third party in Japanese version of report.

* Scope 1 and 2:
Direct and indirect GHG emissions from corporate activities as defined by the GHG Protocol.

* Scope 3 / Category 1:
The following three methods are used to calculate emission factors according to the characteristics of product categories.

* LCA of the representative model of the product sold by Mizuno in the relevant fiscal year was carried out and the emission factor of the product was calculated. GHG emissions were calculated by multiplying the sales volume with the emission factor. - ①

* In the manufacturing department, GHG emissions were calculated by multiplying the amount of substances used in manufacturing with the emission factor. - ②

* GHG emissions were calculated by multiplying the cost of products sold by Mizuno in the relevant fiscal year with the emission factor specified by the Ministry of the Environment. - ③
Total GHG emissions = ① + ② + ③

* For LCA calculation, the emission factor of LCI database IDEA version3.4 and Database on Emissions Unit Values for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain.

* Scope3 / Category 12
The following three methods are used for calculation according to the characteristics of product categories.

* LCA of the representative model of the product sold by Mizuno in the relevant fiscal year was carried out and the emission factor of the product for disposal specified by the Ministry of the Environment was calculated. GHG emissions were calculated by multiplying the sales volume with the emission factor. - ①

* In the manufacturing department, GHG emissions were calculated by multiplying the amount of substances used in manufacturing with the emission factor for disposal. - ②

* GHG emissions estimated from sales amount based on the GHG emissions calculated from ①. - ③
Total GHG emissions = ① + ② + ③

* For LCA calculation, the emission factor of LCI database IDEA version 3.4 and Database on Emissions Unit Values for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain.
LCA calculations use emission factors from the LCI database IDEA version 3.4 and the emission intensity database for calculating GHG emissions across the supply chain (ver. 3.4).

* Past GHG emission figures have been retrospectively revised due to updates in calculation methods based on the GHG Protocol.

Water intake by water source [*b]

● Domestic group

Unit FY2021 FY2022 FY2023 FY2024 FY2025
Water pipe water supply facility 1,000m3 32.1 32.9 30.3 30.1 36.8
Groundwater 1,000m3 6.4 9.8 6.6 7.5 7.1
Total water intake 1,000m3 38.5 42.7 36.8 37.7 43.9

● Overseas group

Unit FY2021 FY2022 FY2023 FY2024 FY2025
Total water intake 1,000m3 22.5 18.8 18.4 15.5 16.5

Effluent [*b]

Unit FY2021 FY2022 FY2023 FY2024 FY2025
Total effluent 1,000m3 38.5 42.7 36.8 37.7 43.9

Toluene emissions [*e]

Unit FY2021 FY2022 FY2023 FY2024 FY2025
Toluene emissions kg 1,085 1,293 1,287 1,869 1,798

* [*e] Calculated based on data from manufacturing bases in Japan (with Senoh Group)

Emissions of substances subject to the PRTR law [*e]

Unit FY2021 FY2022 FY2023 FY2024 FY2025
Emissions kg 3,364 3,640 3,647 4,294 5,855

* Substances subject to the PRTR Law are used exclusively within our own factories, and the transfer amount remains 0 kg each year.

Emissions of main substances subject to the PRTR law

Emissions of main chemical substances Unit FY2021 FY2022 FY2023 FY2024 FY2025
Ethylbenzene kg 130 296 296 476 475
Dichloromethane kg 20 6 6 0 0
Phenol kg 56 43 43 24 22
Toluene kg 1,085 1,293 1,287 1,869 1,798
Styrene kg 39 4 21 27 7
Xylene kg 203 379 379 770 933
MIBK kg 0 0 0 157 157
n Hexane kg 443 98 98 8 113
Trimethylbenzene kg 62 124 0 83 58
Methyl methacrylate kg 532 645 645 330 327
2Aminoethanol kg 8 8 17 1 0
N,N,- Dimethylformamide kg 40 51 51 52 52
Trichlorethylene kg 83 66 66 22 25

* Calculations are based on data gathered from domestic manufacturing bases (including the Senoh Group)

Gross weight of industrial waste[*b]

Unit FY2021 FY2022 FY2023 FY2024 FY2025
Industrial waste t 857.1 481.4 453.9 430.3 428.5
　Manufacturing Sites t 130 156.7 133.8 172.1 180.7
　Non-Manufacturing Sites t 727.1 324.7 320.1 258.2 247.8
General waste t 54.1 42.8 39.2 43.1 48.5
Total t 911.2 524.2 493 473.4 476.9

* Waste generated by Mizuno did not contain any substances defined as hazardous in the Basel Convention.

Gross weight of waste by treatment method being adopted at Mizuno’s domestic manufacturing bases (four factories) and waste sold as valuables [*e]

Unit FY2021 FY2022 FY2023 FY2024 FY2025
Industrial waste Incineration and landfill t 0.21 0.16 0.17 0.67 0.34
Recycled t 82.85 104.85 93.25 80.70 61.23
Total industrial waste t 83.06 105.01 93.42 81.37 61.57
General waste Incinerated t 6.23 7.13 6.94 8.11 6.26
Landfilled t 0.00 0.00 0 0 0
Recycled t 0.00 0.00 0 0 0
Total general waste t 6.23 7.13 6.94 8.11 6.26
Valuables Reused t 20.3 3.32 0.35 6.63 6.19
Recycled t 111.91 122.45 110.29 104.67 101.02
Total valuables t 132.22 125.76 110.64 111.30 107.21
Total Waste Generated t 221.51 237.90 211.10 200.78 175.04

* Calculations are based on data gathered from domestic manufacturing bases (including the Senoh Group)

* Some historical data has been restated retrospectively due to updates to certain underlying data.

Environmental Accounting

● Environmental Conservation Costs

In fiscal year 2025, environmental conservation costs included an investment of 55.95 million yen, an increase of approximately 25.33 million yen from the previous year, and expenses totaling 195.39 million yen, an increase of approximately 27.40 million yen from the previous year. Major expenses consisted of personnel costs related to research on products and technologies that contribute to environmental conservation, costs associated with resource circulation such as recycling and proper treatment/disposal of waste, and expenses for the operation and management of EMS (Environmental Management System) activities.

● Environmental protection costs incurred in FY 2025 [*b]

Categories of environmental protection costs Key initiatives Performance in FY2025
Amount invested Expenses
(1) Business area costs 5,517 7,153
(1)-1 Pollution prevention costs Inspection, examination, and analysis costs 45 737
(1)-2 Global environmental conservation costs Costs incurred for installing energy-saving equipment 5,472 1,401
(1)-3 Resource circulation costs Recycling waste and using recycled material 0 5,015
(2) Upstream and downstream costs Costs for outsourcing product recycling and green procurement costs 0 1,224
(3) Management activity costs ISO 14001 management costs, external communication costs, and environmental advertising costs 78 4,007
(4) Research and development costs Costs for conducting research into the development of environmentally friendly products 0 6,916
(5) Social activity costs Costs incurred for cleaning up the streets surrounding offices and donating money to the Dongurinokai association 0 239
(6) Environmental remediation costs 0 0
(7) Other environmental protection costs 0 0
Total 5,595 19,539

Effectiveness of environmental protection measures

● Effectiveness of environmental protection measures taken in FY 2025 [*b]
Reduction (physical effect)

Environmental aspects Unit Performance in FY2024 Performance in FY2025 Reduction Compared to the previous year
Energy and resource conservation Electricity 1,000kWh 9,671 10,679 1,007.6 110.4％
City Gas 1,000m3 85.5 96.5 -11 112.9%
Gasoline and diesel fuel kl 631.6 610.1 21.5 96.6%
Kerosene kl 43.0 48.9 -5.9 113.7%
Heavy oil kl 98.4 99.6 -1.2 101.2%
Water supply m3 30.1 36.9 -6.8 122.6%
Groundwater 1,000m3 7.5 7.1 -0.4 94.0%
Amount of incinerated general waste t 43.1 48.5 -5.4 112.5%
Industrial waste emissions t 430.3 454.8 -24.5 105.7%

* Aggregation period: April 2025 to March 2026

* Some historical data has been restated retrospectively due to updates to certain underlying data.

● Reduction (monetary effect)

Unit (ten thousand yen)

Environmental aspects Performance in FY2024 Performance in FY 2025 Reduction Compared to the previous
Electricity, gas, gasoline, Diesel fuel, kerosene, heavy oil, and water supply bills 49,729 54,167 -4,438 108.9%

* Aggregation period: April 2025 to March 2026

Environmental Audit Findings [b]

FY2021 FY2022 FY2023 FY2024 FY2025
Internal audit findings Nonconformities 0 0 19 11 20
Minor nonconformities 20 27 2 1 2
Opportunities for improvement 2 0 3 0 2
External audit findings Nonconformities 0 0 0 0 0
Minor nonconformities 0 3 3 2 4
Opportunities for improvement 5 5 0 0 7