Identified Materiality

Key Performance Indicators (KPIs)

To properly manage the progress of our materiality and promote disclosure in our annual reports, we have established key performance indicators (KPIs) for our major initiatives.

List of "Identified Materiality"

Materiality	Materiality (priority issues)	Risks	Oppotunities	Key Performance Indicators (KPIs)
Materiality	Materiality (priority issues)	Risks	Oppotunities	KPIs	Actual results for FY2025	Target for FY2026	Mid-term target
Contributing to the multi-dimensional values of sports	Physical and mental health through sports Embodying Mizunoʼs Unique Identity and Integrated Strength	Decline in the number of sports participants Slower growth of the domestic sports market	Creation of new markets through the utilization of sports-related expertise, technologies, and networks Enhancement of brand value and profitability through increased demand for products and services driven by growing health consciousness	Total number of users of products and services that contribute to maintaining and enhancing health (cumulative number)	33.6million people	34.0million people	ー
Contributing to the multi-dimensional values of sports				Number of sports equipment trial events and sports events held Creating opportunities for people to experience sports	247	250	ー
Contributing to the resolution of social issues	Promotion of Sports and Education Contributing to sustainability through the application of Mizunoʼs technologies	Diversification of sports demand driven by changing leisure preferences and digitalization Decline in opportunities for safe and accessible outdoor play	Development, deployment, and promotion of proprietary exercise programs Fostering diverse community engagement through the use of sports facilities Creation of new business opportunities and expansion into new business domains through addressing social challenges	Domestic sales of the Work Business (heat stress countermeasure products, occupational safety products, etc.)	17.06 billion yen	18.8 Billion yen	FY2028: 23 billion yen
				Sales of Comfort Apparel Contributing to healthier and more comfortable lifestyles through sleep-related products and high-performance innerwear	2.36 billion yen	2.94 billion yen	4.0 billion yen
				Creation of opportunities to experience sustainability-related content	ー	50 schools	ー
Responsible procurement with due respect for human rights	Supply Chain Management Respect for Humanity	Human Rights and Occupational Health & Safety Risks in the Supply Chain	Stable Procurement, Quality Maintenance and Improvement, and Enhanced Competitiveness through Appropriate Supplier Management	Correction rate of critical and major non-conformance items	As of September 30, 2025, 53.8% of the issues identified in audits conducted in the second half of fiscal year 2024 had been corrected. As of March 31, 2026, 65.0% of the issues identified in audits conducted in the first half of fiscal year 2025 had been corrected.	Target as of the end of September 2026: Correction rate for audits conducted in the second half of fiscal year 2025: 65% or higher Target as of the end of March 2027: Correction rate for audits conducted in the first half of fiscal year 2026: 65% or higher	ー
Human Capital Management	Promoting and respecting diversity Talent Development and Capability Building	Decline in the labor population Delayed response to technological innovation and changes in the business environment	Fostering innovation and driving productivity improvement by enabling diverse talent to thrive Strengthening organizational competitiveness through optimization of the talent portfolio	Percentage of Women in Managerial Positions	11.3%	ー	FY2030: 20%
Human Capital Management				Number of GTB Registrants^*1	327	ー	FY2030: 500
Responsibility for global environmental issues throughout the product lifecycle	Climate Change Initiatives Product Development for Reduced Environmental Impact	Physical risks to offices, stores, and administrative facilities associated with climate change Suspension of operations by suppliers and delays in raw material procurement due to climate change Increased compliance costs due to tightened environmental regulations Increased costs associated with the adoption of renewable energy Reduction in outdoor sports due to rising temperatures and increased risk of heatstroke Increased disposal costs due to increased waste emissions Risks of harmful chemical leaks	Cost optimization through the promotion of energy efficiency, the adoption of renewable energy, waste reduction, and the advancement of recycling initiatives Sales growth through the development and sales of products designed to reduce environmental impacts and address climate-related conditions Establishing a competitive advantage through strengthened regulatory compliance capabilities	GHG Emissions (Scope 1 & 2)	31.1%	33.6%	FY2030 Target: 50.4% reduction from FY2018 levels (market-based)
				GHG Emissions (Scope 3)	39.5%	38.7%	FY2030 Target: 58.1% reduction from FY2018 levels (Categories 1 & 12 / per ¥1 billion of value added)
Responsible business practices	Strengthening Corporate Governance Compliance / Anti-corruption	Compliance violations such as corruption and bribery Infringement of third-party intellectual property rights Expansion of cybercrime and cybersecurity incidents	Creation of sustainable corporate value through building trust with stakeholders	Improvement in Employee Awareness of the Internal Reporting Hotline(*d)	①Mizuno Fair Play Hotline awareness among Mizuno employees:95% ②Harassment Hotline awareness:95% (574 respondents)	①Mizuno Fair Play Hotline awareness among Mizuno employees:100% ②Harassment Hotline awareness:100%	ー
Responsibility for Safe and High-Quality Products	Ensuring of the safety and quality of products Communication related to products	Diversification of products handled and complexity of the supply chain due to entry into new markets Increased compliance burden due to strengthening regulations in various countries	Rapid product introduction and expansion of sales opportunities through the construction of a more flexible quality assurance system Production and sales of safe products in accordance with the laws of various countries Development of human resources through the creation of opportunities to acquire quality knowledge tailored to diverse working arrangements Strengthening the customer base through enhanced brand trust	Quality Objectives (Defect Rate Related to Claim Returns^*2)	Target Achievement Rate ①Global Footwear Product Division:130% ②Global Apparel Product Division:140% ③Global Equipment Product Divisio:100%	Target Achievement Rate100%	ー

*1 Global Talent Bank: A talent pool comprising employees with a global mindset who are designated for development and deployment as future global talent.

*2 Calculated by dividing the number of defective returns for which manufacturing is responsible by the number of items shipped, and compared with the target values set by each division.

46 issues applicable to Mizuno

When identifying priority issues (materiality) in 2015, we selected the following 46 issues. These issues were considered as applicable to us and were organized under six pillars at that time in reference to ISO 26000, the SDGs, the GRI G4 Guidelines, and other international standards deemed important as well as various reports from NGOs and research agencies.
In fiscal year 2018, we reviewed the materiality based on these 46 issues. When reviewing the materiality, we sorted out social issues deeply related to our company and our past achievements. After much discussion on our strengths, business domains, and social value provided by us with management and employees of related divisions according to the proposals of outside experts, we selected new materiality from the 46 issues.

Promotion of sports	CSR procurement	Environment
Improvement of the physical strength and athletic ability of children Health promotion of the elderly through sports Promotion of local sports through cooperation with schools and local communities Support for promotion of sports for the disabled Support for promotion of amateur sports Training of sports instructors Support for promotion of sports in developing countries	Environmental impacts of Tier 1 suppliers Treatment of workers at Tier 1 suppliers Other risks at Tier 1 suppliers Prohibition and elimination of child labor Environmental impacts of Tier 2 and Tier 3 suppliers Treatment of workers at Tier 2 and Tier 3 suppliers Understanding of other risks at Tier 2 and Tier 3 suppliers Supplier capacity building Disclosure of information on CSR efforts and ensuring of transparency of the information in the supply chain Freedom of association and collective bargaining rights in the supply chain Establishment of a complaint-handling mechanism in the supply chain Disclosure of supplier information related to products	Reduction of greenhouse gas emissions Reduction and proper control / disposal od waste Reduction and proper control of chemicals hazardous to humans and the environment Reduction of energy consumption Increase in efficiency of water consumption and water consumption management Research and development aimed at reducing the environmental impacts of products Disclosure of information on the environmental impacts of products Environmental considerations when holding sporting events Collection and recycling of Misuno's used products
Fairness in business practices	Product liability	Employment and human resource utilization
Enhancement of governance Practice of compliance Enhancement of internal control Anti-corruption Prevention of anti-competitive behavior Protection of intellectual property Protection of personal information	Product quality control Provision of information on safe product use to consumers Ensuring of the appropriateness of advertising materials Ensuring of the appropriateness of product labeling Responses to inquiries from consumers Sincere responses regarding defective products	Fair evaluation system Safety and health in workplaces Realization of diverse working styles Diversity Wages and welfare of employees