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Sustainability Report
Identified Materiality

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 FY2024	Target for FY2025	Mid-term target
Contributing to the multi-dimensional values of sports	Physical and mental health through sports Embodying Mizunoʼs Unique Identity and Integrated Strength	Decrease in the population of sports competitors Stagnation of the domestic sports market	Providing the value of sports' power by leveraging understanding, know-how, technology, and network related to sports	Total number of users of products and services that contribute to maintaining and enhancing health (cumulative number)	34.11million people	34.00million people	ー
Contributing to the multi-dimensional values of sports				Sales area of long-pile artificial turf in sports facilities	200,000 square meters	230,000 square meters	260,000 square meters
Contributing to the resolution of social issue	Promotion of Sports and Education Contributing to sustainability through the application of Mizunoʼs technologies	Decrease in the population of sports competitors Stagnation of the domestic sports market	Development, deployment, and promotion of unique exercise programs Fostering diverse community communication through the use of sports facilities Expanding opportunities for physical activity in daily life due to changes in work styles	Domestic Sales Revenue of the Work Business	13.82 billion yen	ー	FY2027：20 billion yen
Responsible procurement with due respect for human rights	Supply Chain Management Respect for Humanity	Human rights and labor safety risks due to procurement from new overseas suppliers	Realization of high-quality and stable procurement and expansion of competitiveness by implementing pre-evaluation of new suppliers Expansion of sales opportunities for products and services that respond to ethical consumption	Correction rate of critical and major non-conformance items	As of March 31, 2025, 80% of the issues identified in audits conducted in the first half of fiscal year 2024 had been corrected.	Target as of the end of September 2025: Correction rate for audits conducted in the second half of fiscal year 2024: 65% Target as of the end of March 2026: Correction rate for audits conducted in the first half of fiscal year 2025: 65%	ー
Human Capital Management	Promoting and respecting diversity Talent Development and Capability Building	Decline in the labor population Change on business environment brought about by technological innovation.	Providing opportunities for active participation Diverse ways of working and diverse values	Ratio of Female Managers Ratio of Mid-Career Hires in Management Positions	10.7% 15.7%	ー	FY2025：10% FY2025：20%
Responsibility for global environmental issues throughout the product lifecycle	Climate Change Initiatives Product Development for Reduced Environmental Impact	Physical damage to business locations, stores, and administrative facilities due to 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 reduction through energy conservation, the introduction of renewable energy, waste reduction, and the promotion of recycling Sales growth through the development and marketing of environmentally friendly and climate-resilient products Enhancement of brand value and customer acquisition through communication with local communities and customers by promoting the recycling of products and packaging materials	Apparel:environmentally friendly products	30%	36%	2028:100%(in all categories of new products)
				Footwear:Environmentally friendly products	61.5%	97.2%	2027: Maintain 100% (All categories of new products)
				Reduction of material waste during the manufacturing process, reduction of energy consumption during production, and simplification/reduction of auxiliary materials.	26.3%	29.1%	2030 Target: 58.1% reduction (compared to 2018)
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:98.2% ②Harassment Hotline awareness:98.2% (survey respondent:567 ) people	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 Compliance with global strengthening of chemical substance regulations	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	Quality Objectives (Defect Rate Related to Claim Returns)	Target Achievement Rate ①Global Footwear Product Division:130% ②Global Apparel Product Division:132% ③Global Equipment Product Division:82%	Target Achievement Rate100%	ー

* Note on the Target Seasons for Performance and Goals of Environmentally Friendly Products
Apparel:
FY2024 Performance: Based on 2024 SS/AW season products
FY2025 Target: Set based on 2025 SS/AW season products
Footwear:
FY2024 Performance: Based on 2025 SS/AW season products
FY2025 Target: Set based on 2026 SS/AW season products

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 Reducation and proper control / disposal od waste Reduction and proper control of chemicals hazardous to humans and the environment Reduction of energy consumption Increase in efficiensy 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 headlth in workplaces Realization of diverse working styles Diversity Wages and welfare of employees