Sustainability Mid-Term Plan “STY2027”

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TOYO Corporation has established the Sustainability Mid-Term Plan "STY2027" to enhance its sustainability initiatives, focusing on five key priorities:

  1. Contribution to innovation and industrial growth
  2. Promotion of environmental conservation
  3. Actualization of safe, secure, and fulfilling lives
  4. Fostering a diverse and talented workforce
  5. Establishment of a strong and sound management base

The company has identified specific themes for implementation and has set targets to be achieved by 2027 in order to fulfill these goals.

STY2027 Priorities and Initiatives

Contributing to technological innovation

Theme Targets for 2027 KPI
1 Supporting the development of advanced mobility
  1. Contributing to the development of air mobility
  2. Contributing to the development of automated driving
  1. 150% growth in related sales compared to 2024
  2. 100% growth in related sales compared to 2024
2 Promoting self-developed solutions Releasing innovative self-developed products and new functions Releasing self-developed products and new functions in areas such as mobility, decarbonization, telecommunication, and electromagnetic compatibility (EMC)
3 Contributing to the realization of a safe and stable telecommunication environment Providing solutions that enhance a safe and stable telecommunication environment Launching new solutions to achieve a safe and stable telecommunication environment
4 Contributing to solving social issues through digital transformation
  1. Promoting digital transformation to contribute to industrial development
  2. Promoting digital transformation in the medical field
  1. 300% growth in related sales compared to 2024
  2. 50% growth in related sales compared to 2024
5 Strengthening the structure to achieve high quality and high performance
  1. Improving the quality of technical support
  2. Providing calibration services that ensure quality
  1. Achieving an overall average rating of 4.5 or higher on a 5-point scale of service/support survey results for technology
  2. 50% growth in sales compared to 2024

Promoting Environmental Conservation

Theme Targets for 2027 KPI
1 Promoting decarbonization business
  1. Supporting the development of electric vehicles
  2. Advancing the establishment of a hydrogen society
  3. Promoting blue carbon initiatives
  1. 15% growth in related sales compared to 2024
  2. 90% growth in related sales compared to 2024
  3. 50% growth in related sales compared to 2024
2 Strengthening of Climate Change Initiatives
  1. Promoting climate change measures and enhancing transparency through disclosure
  2. Reducing greenhouse gas emissions across the group in Japan
  1. Achieving an A-rating under the CDP
  2. Reducing GHG emissions (Scope 1 and Scope 2) by 46% by 2030
3 Enhancing Circular Economy Initiatives
  1. Proper management and disposal of waste throughout the group companies in Japan.
  2. Reviewing and improving packaging materials
  1. Ensuring proper disposal of waste
  2. Switching to reusable plastic boxes from corrugated cardboard

Establishing a sustainable management foundation

Theme Targets for 2027 KPI
1 Strengthening risk management
  1. Establishing a crisis management system for the group companies in Japan
  2. Ensuring compliance with ethics laws and regulations throughout the group
  3. Strengthening cybersecurity measures
  1. Establishing business continuity plans for all domestic group sites and conducting periodic reviews
  2. Eliminating the number of violations of laws and regulations within the group
  3. Assessing cybersecurity risks
2 Reinforcing the management foundation through digital transformation Promoting digitalization of internal processes Digitalizing seven internal processes that support the management foundation
3 Creating a work environment where a diverse range of human resources can actively contribute.
  1. Fostering diverse human resources
  2. Promoting health management initiatives
  1. Achieve a female manager ratio of 11% or more
    Maintain that career hires fill 50% of management positions
    Ensure 100% of male employees take parental leave
  2. Obtain the "Certified Health & Productivity Management Outstanding Organizations"

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