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Sustainability Management Map

Management Philosophy and Corporate Identity

 Since its establishment in 1751, the Takihyo Group has developed its business over the past 273 years based on the universal management philosophies of "Nothing stands before trust," "Prosperity lies in modesty," and "Customer before thyself."
 In addition, based on our corporate identity: "Our goal is to achieve a spiritually nourished society by creating an interesting company with great dreams." , we have placed the following at the center of our management: to contribute to nature and culture, to give dreams and comfort to society, and to value each individual and make the most of their talents. We believe that these management philosophies and corporate identity will lead to the current promotion of CSR (corporate social responsibility) and sustainability management.*

* Sustainability management: Management aimed at improving sustainability of the business by giving consideration to the sustainability of the environment, society, and economy

Our Stance on Sustainability Management

 Under these circumstances, in order for the Takihyo Group to continue to develop and enhance its corporate value, there is a growing need to consider the impact on the global environment, including climate change, waste, and water resources, and to address social issues, including human rights, diversity, and the labor environment, in all aspects of our corporate activities. We also believe that the sustainable development of the Takihyo Group is required to contribute to the sustainability of society as a whole, i.e., to the realization of a sustainable society.
 Based on the above recognition, we have formulated the "Takihyo Group Sustainability Basic Policy" and will continue to make company-wide efforts to achieve sustainable management with the cooperation of our suppliers and customers, as well as with the understanding of all our stakeholders so that we will be highly evaluated by consumers and investors. We will make company-wide efforts to realize sustainability management."

Key Issues and Plans

 We will consider the characteristics of the textile industry and focus our activities on important issues such as: "Consideration of environmental impact and human rights issues in the long, complex and fragmented supply chain with high dependence on product imports”, "Development and provision of environmentally friendly products and improvement of the environment to obtain international certification", "Contributing to a recycling-based economy through product recycling** and upcycling*** products," "Proactively incorporating digital technology into business practices to reduce inefficient work, and promoting the transformation of employees' work styles through methods such as telecommuting and remote work."
 Furthermore, we will tackle these issues as a whole with the new Sustainability Committee under the CEO, establishing issues to be addressed, following up activity progress, and improving external communication with international organizations and NPOs. Through these and more, we will improve awareness and knowledge throughout the entire company and produce results.
 In order to tackle these issues throughout the company, we have established a new Sustainability Committee under the direct control of the president, which will raise awareness and knowledge throughout the company by setting issues to be addressed, following up on the status of initiatives, and strengthening communication with external organizations such as international organizations and NPOs.
 At the same time, we will form a Human Rights Policy, Procurement Policy (a revision of the current Takihyo CSR Procurement Guidelines), and Environmental Policy and Goals to address issues with high priority in the Sustainability Basic Policy.

** Recycling: The process of turning products that are no longer wanted into raw materials and using them to create new products.
For example, plastic bottles can be used as raw materials and turned into fibers and used for clothing.

*** Upcycling: The process of taking products that are no longer wanted and using their characteristics to create new products that have more value.
For example, denim can be cut apart and used as raw material to make it a sneaker upper or eco-friendly bag.

 The Takihyo Group will work to educate all of its officers and employees on human rights, and to take appropriate actions and responses in all of its business activities.

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Basic Approach to Human Rights

 The Takihyo Group will comply with laws concerning human rights and labor and the laws of the local communities and countries involved in its business activities, and will work to support and implement codes on human rights presented by the Japanese government and international organizations such as the United Nations.

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Respect for Human Rights through Business Activities

 The Takihyo Group respects the diverse values, individuality, and privacy of individuals, and will not discriminate on the basis of race, ethnicity, nationality, birthplace, gender, health condition, disability, differences in occupation or employment status, or any other reason.

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Understanding and Dealing with Risks Related to Human Rights

 The Takihyo Group will bear in mind that when conducting its business activities, it may affect human rights, directly or indirectly, or in manners that can be apparent or latent, regardless of whether it is aware of them. Furthermore, in addition to understanding issues regarding human rights, it will work to prevent negative impacts on human rights throughout the entire procurement process (supply chain), including procurement of raw and secondary materials, spinning, weaving, knitting, dying, printing, sewing, distribution, shipping, and sales. In the event that a negative impact is revealed, the Group will take necessary and appropriate measures and examine the situation. By doing so, it will work toward building a responsible supply chain.

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Principle

 The Takihyo Group recognizes that conserving the global environment is an important issue for all of mankind and will act while aiming to continuously improve the global environment in every aspect of its business activities.

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Environmental Policy

 The core business of the Takihyo Group is the planning, development, production, and sales of textile products. The Group will continue to improve its environmental management system* and contribute to the protection of the environment based on the following:

(1)The Takihyo Group will evaluate the environmental impact of its business activities and the products it handles, set and implement targets for important items to the extent technically and economically feasible, verify the results, and continuously improve its environmental management system to enhance its environmental performance.

(2)The Takihyo Group will comply with domestic and international environmental laws and regulations in the development of its business activities.

(3)The Takihyo Group will contribute to environmental conservation by prioritizing the following throughout all stages of its business activities.

1. 1.Development and supply of environmentally friendly products
2. 2.Thorough recycling of resources
3. 3.Improving the efficiency of the use of electric energy, etc.

(4)The Takihyo Group will conduct activities to educate and raise awareness of the environment among all executives and employees.

* Environmental management system: A framework for planning, verifying, and improving a business's initiatives to address risks on the environment caused by its business activities and opportunities provided by the environment

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Environmental Goals

(1)Improve operational efficiency by reducing defects

The Takihyo Group will work to ensure that the entire supply chain is effective and more efficient by thoroughly exploring the causes of defects during planning, development, production, and sales, and reducing the rate of defects by taking appropriate and effective measures against the causes.

(2)Reduce waste and recycle resources

The Takihyo Group will contribute to the realization of a recycling-based economy by utilizing thermal recycling** and chemical recycling*** for defective products, as well as recycling and upcycling of unused textiles from factories and used products collected from clients and consumers.

(3)Maintain a comfortable and efficient working environment

The Takihyo Group will thoroughly promote appropriate time management and work to reduce overtime work and promote the use of paid vacations. It will also actively adopt digital technology to promote paperless work and telework. In addition, it will reduce office space and energy consumed by air conditioning and lighting.

** Thermal recycling: A method of reusing thermal energy that is produced when burning waste

*** Chemical recycling: A method of regenerating waste as raw material for synthetic fibers through thermal or chemical decomposition. It is used to recycle products that are mostly made of polyester