The Processes in Identifying Materialities
In December 2021, we set up our Sustainability Committee to begin examining materialities for the company, and after approval by the Board of Directors, identified four materialities from environmental, social, and governance (ESG) perspectives.
Establish a Sustainability Committee and a Sustainability Promotion Office
We have established a Sustainability Committee, chaired by the President and CEO, which consists of the heads of each department that actually works to solve sustainability issues, and a Sustainability Promotion Office, which consists of members selected from the departments.
Sift out possible materialities
We sifted out possible materialities with reference to the disclosure framework and SDG targets.
Survey stakeholders’ thoughts
We surveyed the thoughts of a wide range of stakeholders, including shareholders, customers, partner companies, employees, local communities, and governments.
Analyze the materialities
We analyzed the materialities identified in STEP 2 in terms of their importance from a stakeholder perspective and from a management perspective, and selected the elements of the materialities we should prioritize.

Identify materialities
We identified the materialities that we should work on based on the materiality elements selected in STEP 4.
|
Materiality |
Materiality elements |
E Environmental |
1.Caring for the global environment |
①Climate change countermeasures (decarbonization) ②Achieving a recycling-oriented society ③Reducing environmental impact through product use |
S Social |
2.Contributing to society through business |
④Improving product quality and safety ⑤Reducing losses in production and supply chains ⑥ Coexisting with local communities |
3.Workplaces where everyone can demonstrate their abilities in their own way |
⑦Promoting diversity and respect for human rights ⑧Developing the talent to lead the next generation ⑨Occupational health and safety |
G Governance |
4.Strengthening management foundation |
⑩Compliance ⑪ Corporate governance ⑫Integrated disaster risk management |
Strategy Review Process
1. Analysis of risks and opportunities
We estimated the key risks and opportunities for each materiality identified.
Materiality |
Key risks |
Key opportunities |
1. Caring for the global environment ①Climate change countermeasures (decarbonization) ②Achieving a recycling-oriented society ③Reducing environmental impact through product use |
- Damage to business due to increase in abnormal weather
- Deterioration of work environments due to global warming
- Increased costs due to strengthening of decarbonization policies (soaring fossil fuel prices, carbon taxes, etc.)
- Reduction of the use of plastic packaging materials such as secondary packaging, and transition to alternative packaging materials
- Stranding of fossil fuel-based facility assets
|
- Reducing costs by reducing energy consumption
- Increased demand for packaging machinery adapted to changes (new packaging materials, energy savings, etc.)
- Increased demand for recycling-related equipment due to progress in efforts to increase the recycling rate for plastic packaging materials
|
2.Contributing to society through business ④mproving product quality and safety ⑤Reducing losses in production and supply chains ⑥Coexisting with local communities |
- As well as stability and reliability, food loss and packaging material loss will become criteria for machine selection.
- Risk of litigation and decline in trust by customers due to problems with quality and safety
- Decline in trust by local communities
|
- Increased demand for extended shelf life
- Increased demand for reduction of packaging material losses
- Improved trust from customers by providing high-quality, safe products
- Improved trust from local communities
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3.Workplaces where everyone can demonstrate their abilities in their own way ⑦ Respecting human rights and diversity ⑧Developing the talent to lead the next generation ⑨Occupational health and safety |
- If the organization remains homogenous, it will be difficult to generate new ideas.
- Disruptions to the transfer of techniques and skills
- Decline in technical capabilities and productivity
- Recruitment difficulties due to the decline in the working-age population
- Delivery delays and interruption of work due to occupational accidents
- Lawsuits for breach of duty of care concerning safety
|
- New ideas and innovations arising from talent with diverse values and consciousness
- Continuous transfer of techniques and skills
- Improved technical capabilities and productivity through guidance and skill development tailored to each individual
- Improved employee retention rate
|
4.Strengthening management foundation ⑩Compliance ⑪Corporate governance ⑫Integrated disaster risk management |
- Loss of trust from stakeholders
- Decline in corporate value
- Long-term interruptions to business
- Unexpected losses
|
- Improved trust from stakeholders
- Heightened awareness among employees of legal compliance
- Enhanced corporate value through appropriate information disclosure
- Prevention of man-made disasters
- Improved resilience in the event of natural disaster
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2. Future Vision and Strategies
We envisioned what the future should look like and considered the strategies from a backcasting mindset.
2. Contributing to society through business ④Improving product quality and safety ⑤Reducing losses in production and supply chains ⑥Coexisting with local communities |
Relevant SDGs |
【Future Vision】- We are satisfying our customers by providing machines with low losses that enable stable production.
- We are trusted by the local community and develop together.
【Strategies】
By providing products that offer safety, reliability, high quality, and reduction of losses in production and distribution, we will contribute to improving our customers' corporate value and solving social issues. We will also work to contribute to the local community in order to continue to be a company that is needed by society. |
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4. Strengthening management foundation ⑩Compliance ⑪Corporate governance ⑫Integrated disaster risk management |
Relevant SDGs |
【Future Vision】- Every person involved in the company is conscious of, and adheres to, taking the right actions in light of the law, regulations, ethics, social norms, articles of incorporation, and internal rules.
- Trusting relationships with stakeholders are being strengthened, and corporate value is being further enhanced.
- Risks are being analyzed and minimized to ensure business continuity in the event of any disaster.
【Strategies】 Through thorough compliance and enhancement of corporate governance, we strengthen our management foundation by ensuring the soundness and transparency of management, and enhancing our resilience to the various risks surrounding the company.
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Our System of Governance for Sustainability
We regard sustainability as an important management issue and continually work on it by incorporating it into our business strategies such as the Medium-Term Management Plan and business policies along with other management issues.
SDGs
We, Tokyo Automatic Machinery Works, Ltd., support the Sustainable Development Goals (SDGs).
In September 2015, the United Nations Sustainable Development Summit was held at the United Nations Headquarters in New York, and the outcome document "Transforming our world: the 2030 Agenda for Sustainable Development" was adopted with the participation of more than 150 member states. The Agenda contained declarations and goals as an action plan for people, the planet, and prosperity. These goals are the Sustainable Development Goals (SDGs), which consist of 17 goals and 169 targets.