Investor relationsManagement policyMaterial Issues
TOCALO has identified major issues that it believes are essential to address for the continuity of the Company. These material issues have been categorized into the five areas presented below.
1. Develop advanced coatings and cultivate latent markets
In accordance with our vision of “contributing to a bright future for people and nature,” we are innovating high-performance coatings and develop potential markets for the semiconductor, infrastructure, medical care, agriculture, and other fields that are important in people’s everyday lives and for hydropower, wind power, geothermal power generation, storage batteries, and other technologies that contribute to reducing greenhouse gas emissions.
2. Reduce environmental impact
We are continuing to decarbonize our operations with ultimate aim of achieving carbon neutrality through energy conservation, energy creation, waste reduction, and recycling. Our current goal is to reduce greenhouse gas emissions to 46% of the fiscal 2013 level by fiscal 2030.
3. Make manufacturing more sophisticated and enhance quality
We are integrating digital transformation (DX) to create highly sophisticated smart factories that provide an even greater level of productivity.
In addition, to continue to provide quality that consistently satisfies customer requirements, we are advancing production process standardization and fortifying our quality control system by providing a full program of in-house education, including encouraging employees to acquire professional qualifications.
4. Cultivate and empower diverse human resources
TOCALO recognizes that developing its human resources is essential to achieving sustainable growth.
We promote the active participation of women in the workforce, provide fair career opportunity and performance-based evaluations to encourage a diverse workforce with various attributes (such as nationality, age, or disability) to fulfill their potential, and seek to maintain a work environment where employees can perform their duties with enthusiasm.
5. Practice thorough compliance
We maintain corporate action guidelines to promote business conduct that is sincere, creative, and sound and that contributes to a flourishing society. Regular education opportunities are provided to all employees through e-learning and other programs to ensure thorough compliance.
(Excerpt from the Securities Report for the fiscal year ended March 2023)