Materiality Identification Process

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Materiality Identification Process

  1. Background of the review
    To further promote sustainability management, we started examination on “formulation of Integrated Value Creation Stories,” “redefinition of materiality,” and “clarification of priority SDGs to be targeted” in June 2019. In October 2020, the Sustainability Operations Council redefined materiality and deliberated on the review of the materiality.
  2. Deliberation and approval by management
    After an individual hearing was conducted for officers and business managers by outside experts, the draft on materiality, which was formulated by the Secretariat with reference to proposals from the outside experts, was deliberated multiple times by the Sustainability Operations Council. In January 2020, it was deliberated and approved by the Board of Directors, and new materiality has been disclosed since FY 2021.
  3. Addition of "Human Capital Management" to Materiality
    While we had identified the responsibilities and values our company should provide to society as materiality, we added "Human Capital Management" to materiality in 2023, based on the idea that it is our "people" who generate these responsibilities and values.

Mizuno’s materiality and major related SDGs

table:ミズノのマテリアリティと関連する主なSDGs
Contributing to the multi-dimensional values of sportsContributing to the resolution of social issueResponsible procurement with due respect for human rightsHuman Capital ManagementResponsibility for global environmental issues throughout the product lifecycleResponsible business practicesResponsibility for Safe and High-Quality Products

We have revised certain aspects of our materiality at Mizuno. In fiscal year 2022, we reconsidered and updated the associated contents related to the two items: "Contributing to the multi-dimensional values of sports" and "Contributing to the resolution of social issues." Additionally, we added "Human Capital Management" in fiscal year 2023. A comprehensive review of our materiality is planned for implementation from fiscal year 2024 onwards.