Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

TOPPAN’s Sustainability Initiatives
Approach to Sustainability

Corporate Philosophy, Corporate Creed, and Conduct

to address social issues, and aiming to be a creator of social

Guidelines and clearly expresses our fundamental stance onvalue.
The Corporate Philosophy, Corporate Creed, and Conduct

Fundamental Spirit since Founding

sustainability management—aiming to be a company thatcreates social value to shape a sustainable society. At the same

Guidelines set out the values and approaches that the TOPPAN

Since its founding, the TOPPAN Group has based its business

time, in terms of the Business Fields, we have indicated ourGroup emphasizes, our vision for how employees should

activities on the fundamental tenets of “respect for humanintention to grow the business through the interaction between

conduct themselves, and the direction for our business activities

beings” and “a company is its people” and contributed to society

our Four Growth Fields and our Five Segments.

to take. They also clearly demonstrate our intention to addressby supplying high-quality products and services to customers.

For the TOPPAN Group, expanding our business also

Responding sincerely to our customers’ requests and providing

means expanding the impact we have on society as a company.

rights, and human assets, and to advance our business to help

satisfaction has enabled us to gain their trust and expand our

TOPPAN VISION 21 was an important milestone in terms ofcreate a sustainable society.

customer base by continuing to do business with them.

reconfirming our corporate social responsibilities, taking action

global issues, such as environmental conservation, human

Beginning life as a startup launched by a group ofengineers, we always work with a spirit of enterprise to create
new value by applying and evolving our “printing technologies”
and by fusing and combining the various elements and strengthsof our company to drive growth.
Through these activities, the TOPPAN Group strives tobuild good relationships with all our stakeholders, including
customers and business partners, employees, investors, andThe Evolution of Our Approach to Sustainability
1900

2000

Aiming to be a company that creates social value for a sustainable society

Founding“A company is its people”
Respect for human beings

2023

TOPPAN VISION 21

shareholders, and to be a company that is trusted and respectedby society.

Basic Concept for Sustainability Management Set Out
in TOPPAN VISION 21

Social responsibility
as a corporate
citizenDeﬁned philosophical system inthe form of the Corporate
Structure and Business Fields
for sustainable growth

When we marked the 100th anniversary of our founding in
2000, we established TOPPAN VISION 21 and clarified ourphilosophical system in the form of the Corporate Structure andTechnology-oriented
innovative DNA

Became signatory to United
Nations Global Compact
Adopted ISO 26000 standards

Business Fields. The Corporate Structure comprises the14

Deﬁned the Groupʼs
purpose and values

2021 Digital & Sustainable
Transformation
Providing solutions to social issues
worldwide through DX and SXExpansion of social
impact due todiversiﬁcation of businessand expansion of ﬁelds

The TOPPAN Group has expanded its business domains byproviding diverse products and services in a wide range of fields.

TOPPANʼs Purpose & Values

2021 Set targets for TOPPAN Business
Action for SDGs
2020 Set areas of focus for TOPPAN Business
Action for SDGs
2019

Published TOPPAN SDGs STATEMENT
Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

Sustainability Management Focused on Global Goals

enterprise value by synchronizing business growth andsustainability. Based on DX and SX, we are transforming the

Following the establishment of TOPPAN VISION 21 , we became

business portfolio and concentrating resources on growth anda signatory to the United Nations Global Compact in 2006 topriority fields. In order to drive that strategy emphatically acrossintroduce more global concepts and guidelines. We support its

the Group, we adopted a holding company structure in October

Ten Principles in the four areas of Human Rights, Labour,2023. We will aim to create value by fusing the unique strengths

Environment, and Anti-Corruption and have advance activities

of TOPPAN Group companies to generate synergies and work

based on them. To further clarify guidelines across all

together with a greater sense of unity to deliver solutions tosustainability-focused activities, we adopted the standards set

social issues.

out in ISO 26000 in 2011.
The TOPPAN SDGs STATEMENT was published in 2019as a proactive response to global social issues. While focusing
on contributing to achievement of the SDGs, we defined material

The Essence of Our Approach to Sustainability in
TOPPAN’s Purpose & Values

issues for our business and for the Company as a whole andWith increasing uncertainty and geopolitical risk in global

reconfirmed the importance of providing solutions to social

society and economies, we considered our Purpose & Values

issues through business. In “TOPPAN Business Action forbased on the questions of what kind of entity we should be andSDGs,” which was devised in 2020, we identified specific areas

what kind of action we should take as a global company. Byof focus for Business Materiality, and in 2021 we set specificclarifying the common “purpose” and fundamental “values” to betarget figures and gave shape to activities to achieve them.

shared across the TOPPAN Group as a new philosophy, we will
foster a sense of unity and enhance our co-creation capabilities.

Providing Solutions to Social Issues
Worldwide through DX and SXThe TOPPAN Group is driving globalization of its business.
Roughly 30% of our sales revenue comes from operations
outside Japan, and we have more than 150 overseas locations.
This means it is imperative that as a company we are proactivein addressing such issues as human rights and the damage
caused by climate change. We aim to make a sustainable global

The Purpose & Values indicate the enduring role andposition that the TOPPAN Group should fulfill in a sustainable
society. The essence of our sustainability management isbreathing the life of culture into society through our businessactivities and contributing to people’s spiritual fulfillment, going
beyond fulfilment simply in material terms. In global social andeconomic circumstances clouded by uncertainty, we will beconsistent in advancing sustainability based on this universal
approach.

society a reality by incorporating perspectives on numerous
social issues into our business and driving solutions by creating
value through our business.
In the Medium Term Plan published in 2021, we set out the
key concept of “Digital & Sustainable Transformation” toaccelerate these activities across the entire Group and enhance

15

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

Promotion Structure for
Sustainability Initiatives

The Board of Directors of TOPPAN Holdings Inc. delegates

Governance

The TOPPAN Group ESG Management Promotion

the consideration and deliberation of sustainability-related

Committee is a body positioned within the Sustainability

issues for the TOPPAN Group to the Sustainability Promotion

Promotion Committee. Its members are presidents and directors

Committee. The specific activities and measures discussed atof TOPPAN Group operating companies, who coordinate on

the Sustainability Promotion Committee are reported to the

ESG and SDG-related issues within the Group.
Under the Sustainability Promotion Committee, we have

The TOPPAN Group’s Sustainability Promotion Committee isBoard of Directors by the Management Committee, and thechaired by the President & Representative Director of TOPPAN

Board of Directors is responsible for overall decision-making on

established the SDGs Promotion Project and the Corporate ESG

Holdings Inc. It is positioned as part of the corporate governancesustainability management. The Board of Directors continuously

Project, which are a cross-divisional bodies. These project

structure and responsible for advancing sustainability across thediscusses, monitors, and supervises sustainability-related

teams address various individual themes while coordinatingGroup.

activities, target setting, and progress.

with each other.
The SDGs Promotion Project primarily focuses on
advancing sustainability initiatives in our business activities aswell as driving and monitoring the progress of activities in the

TOPPAN Group Sustainability Promotion Structure
TOPPAN Holdings Inc.

areas of focus for contributing to the SDGs through business,
which are set out in TOPPAN Business Action for SDGs.

Board of Directors

The Corporate ESG Project is mainly responsible for

Reporting and supervisingsustainability issues that relate to the entire TOPPAN Group. In

Management Committee

fiscal 2022, we formed the Human Rights Working Group,
Supply Chain Working Group, TCFD Working Group, and Risk

Reporting and supervising

Sustainability Promotion Committee
TOPPAN Group ESG Management Promotion Committee

Coordinating

Executive Sustainability
Promotion Committee

Environment
Communities
PeopleWorking Group Working Group Working Group

Human Rights
Working Group

Formulates and advances business plans
focused on the achievement of the SDGs

Supply Chain
Working GroupWe have also established the Executive Sustainability
sustainability issues. Directors and outside experts exchange

Corporate ESG Project
Coordinating

specific themes.
Promotion Committee as a forum for discussing future

Reporting and supervising

SDGs Promotion ProjectManagement Working Group, which undertake projects on

TCFDWorking Group

opinions and coordinate with the Sustainability Promotion
Risk Management
Working Group

Committee on important matters.

Formulates promotion and disclosure plans
for TOPPAN’s core ESG themes

Coordinating

Operating Companies
TOPPAN Group operating companies

16

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

Risk Management
Risk management for sustainability-related issues in the
TOPPAN Group is incorporated into a comprehensive risk

human rights risk.

outside Japan.
・Conducted a human rights risk survey covering GroupSee the Significant Risks and Countermeasures for Fiscal 2023 on page139

impact on human rights, the first step in human rights due

management structure promoted in collaboration with thediligence. (75 companies in Japan and 103 companies

operating companies of the Group. Under the management ofOnce identified, significant risks are reported to and considered

the Board of Directors of TOPPAN Holdings Inc., divisions

by the Sustainability Promotion Committee before being

responsible at the holding company, the relevant departments ofreported to the Board of Directors. They are reassessed annuallyoperating companies, and the Risk Management Working Group

under the management of the Board.

work together and coordinate risk management efforts.
The Risk Management Working Group is part of the

To prevent potential significant and other risks from
actually occurring, the divisions responsible at the holding

Corporate ESG Project under the Sustainability Promotion

company and the relevant departments of operating companies

Committee. It is led by the Director in charge of Risk

consider countermeasures and implement appropriate risk

Management, composed of persons in charge of risk

management aligned with business activities in Japan andmanagement in the relevant divisions, and administered byoverseas. Via the Director in charge of Risk Management, the

TOPPAN Holdings Inc. It conducts an annual risk assessment

Board of Directors receives regular reports from the divisions

and designates as “significant risks” those that are deemed toresponsible on the status of responses to risks. When risks arehave a significant impact on the management of the TOPPAN

actualized, we respond promptly in line with our crisis

Group.

management structure.

The identification of significant risks is based on the results

overseas)・Performed analysis of human rights risk survey responses andprovided feedback on the results of the assessment.
Challenges to address going forward:
・Promoting human rights risk mitigation and remediation andproviding related information based on the results of theassessment.
・Expanding opportunities for direct dialogue with individualcompanies through on-site assessments.
・Confirming the status of wage payment when conducting thehuman rights survey.
・Facilitating continuous dialogue with external organizations
and making use of external assessments.
See the Human Rights section on page 54

of assessment by subsidiaries, Group companies, and theSustainability Promotion Committee

relevant departments of operating companies under thesupervision of the divisions responsible at TOPPAN Holdings

We convened the Sustainability Promotion Committee twice, theInc. We also consider such factors as the probability of

TOPPAN Group ESG Management Promotion Committee fiveactualization in the medium to long term, frequency oftimes, and the Executive Sustainability Committee once in fiscal

occurrence, and level of impact. In addition to changes in the2022.

global social and economic environments in which the TOPPAN

companies inside and outside Japan as an assessment of

The main activities and challenges to address going forward

Group operates, when assessing significant risks, we also fullyfor each of the working groups under the Corporate ESG Project

consider sustainability management perspectives encompassing

are as follows.

various global risks. These include environmental problems
prompted by climate change, increasingly sophisticated cyber-

Human Rights Working Group

attacks accompanying the progress of digitalization, forced

Main activities:

labor, and other human rights issues. In fiscal 2023 we have・Informed parties inside and outside the Group of the TOPPAN

selected 25 risks, including climate change risk, securing humanGroup Human Rights Policy and conducted training for

assets to support business growth, risks in procurement, andemployees, including those at Group companies inside and17

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

Supply Chain Working Group・Expanding scope and analysis and evolving countermeasures.

・Ensured that our business partners are fully aware of the
TOPPAN Group Sustainable Procurement Guidelines by

we will proactively address and consider new sustainability
themes, including the Taskforce on Nature-related Financial

Main activities:
See the Climate Change Disclosure According to TCFD
Recommendations on page 110

Disclosures (TNFD).
Under the holding company structure, we will create
frameworks to lead the entire Group in advancing sustainability

driving a PDCA cycle of planning and selecting target business
partners, requesting questionnaire responses and written

Risk Management Working Groupmanagement, facilitate activities at each Group company, anddeclarations of agreement, checking risks, and giving feedback

Main activities:

strengthen reciprocal collaboration.

and rectifying issues.

・Supplemented significant risks for fiscal 2022 and plans for・After providing explanations to procurement staff in relevant
departments, identified and selected target business partners,
and requested and collected written declarations of agreement
and questionnaire responses via briefing sessions.
・Conducted aggregation and analysis covering roughly 70% ofbusiness partners who responded.

We will drive sustainability management across the
TOPPAN Group with an awareness of the importance of bothcountermeasures.
・Considered significant risks for fiscal 2023 and formulated

activities and disclosure and take on the challenge of deliveringsolutions to global social issues through our business.

plans for countermeasures.
Challenges to address going forward:・Formulating plans that address changes in the external
environment, such as changes in the business environment,

Challenges to address going forward:

global risks, information security, social problems, and・Establishing, expanding the scope of, and enhancing theenvironmental problems.

quality of the PDCA cycle for driving agreement with and fullawareness of the TOPPAN Group Sustainable Procurement

See the Risk Management section on page 138

Guidelines.
・Concluding agreements stipulating observance of the TOPPANThe SDGs Promotion Project monitors the progress of TOPPANGroup Sustainable Procurement Guidelines with 90% of target

Business Action for SDGs, publishes results for each fiscal year,

business partners by fiscal 2025.

and assesses the feasibility of achievement of targets in theMedium Term Plan and consistency between activities andSee the Supply Chain Management section on page 66

selected indicators. While keeping an eye on trends in society’s
sustainability-related needs and the progress of the TOPPANTCFD Working Group

Group’s DX and SX businesses, the project team also continually

Main activities:

considers its future activities and new themes.

・Conducted scenario analysis for each company, including an
additional 12 Group companies.
・Clarified potential impact on business at each Group company

Sustainability Challenges Going Forward

due to factors resulting from climate change, identified

We aim to be a company that drives true sustainability bysignificant risks and opportunities, and considered

delivering solutions to global challenges, such ascountermeasures.

decarbonization, the establishment of a circular economy, andChallenges to address going forward:

preservation of biodiversity. In addition to accelerating the・Enhancing disclosure in the securities report and other media.

activities of the ESG Project and the SDGs Promotion Project,

18

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

Sustainability Strategy
Approach to Providing Solutions toSocial Issues through Business
Based on the key concept of “Digital & Sustainableadvancing a transformation to increase operating profit for

packaging,” under the theme of Environment, is positioned as an

growth businesses, including that of DX and SX businesses, toindicator for “expanding eco-friendly products and solutions.”

more than 50% of the total in the fiscal year ending March 2026.

“Number of services enriching people’s lives (personal data

The planned breakdown of operating profit for growth

platforms leveraging information banks/the metaverse),” underbusinesses—DX (Erhoeht-X™), SX in Japan/overseas Living &the theme of Communities, is an indicator for secure personal-

Industry, and new businesses (frontier)—is shown below.

data-related services in the DX business. And “number ofservices that contribute to health,” under the theme of People, isTransformation,” the TOPPAN Group aims to help shape asustainable society and enhance enterprise value as a leader in

Growth Businesses and
TOPPAN Business Action for SDGs

providing solutions to social issues worldwide through digitaltransformation (DX) and sustainable transformation (SX). In

an indicator for solutions linked to extending healthy life
expectancy in the area of new businesses.
We have also defined the themes of “environmentally

DX, we aim to transform society, our customers, and the

In terms of contributing to the SDGs, TOPPAN Business Action

friendly & sustainable production” and “employee health & jobbusiness of the TOPPAN Group from a digital starting point,

for SDGs, which sets out the areas of focus under the threesatisfaction” under Companywide Materiality as the foundation

while in SX, we aim to address social issues through ourBusiness Materiality themes of “Environment,” “Communities,”

for supporting the Business Materiality themes.

business and drive management with a focus on sustainability.

and “People,” has been incorporated into our Medium Term

As part of these efforts, we are transforming our business

Plan, taking a long-term perspective to 2030. We will link this tocoordination with the key sustainability themes of climate

portfolio, strengthening our management foundations, andbusiness portfolio transformation and set target figures aschange, human capital and diversity, human rights, and supply

expanding sustainability initiatives. Under the New Medium

indicators aligned with each growth business.

chains.

“Percentage of packaging sales accounted for by sustainable

Term Plan that takes fiscal 2023 as its first year, we are

Breakdown of Operating Profit for Growth Businesses
Priority businesses 13%
Existing businesses

68%

Electronics

43%

Fiscal2022 result

重点事業
Operating
proﬁt
13%

76.6

Growth businesses

19%
Erhoeht-X™ 12%
SX in Japan/
Overseas
Living &Industry

Growth businesses

Existing businesses

36%
24%

Fiscal2025 plan

Operating proﬁt

7%

110.0

billion yen

Living & Industry 13%

Alignment of TOPPAN Business Action for SDGs with Growth Businesses

Priority businesses 12%

Electronics

25%

Environment

52%

Communities

Creation of safe, secure,enriched communities

PeopleEmpowerment andfulfillment of body and mind

Erhoeht-X™ 25%

Sustainable global environment

SX in Japan/
Overseas
Living &Industry

Percentage of packaging sales
accounted for by sustainable
packaging*1

Number of services enrichingpeople’s lives*2

Fiscal 2022 result: 37%

Fiscal 2022 result: 4

Fiscal 2022 result: 15

Fiscal 2025 target: 50%

Fiscal 2025 target: 10

Fiscal 2025 target: 20

billion yen

Information &Communication

We are driving this series of efforts across the Group in

21%

Living &Industry 12%
Information &New businesses (frontier)Communication 12%
6%*The denominator used for calculating percentages is operating profit before the deduction of adjustments.

19(Personal data platforms leveraging
information banks/the metaverse)

Number of services that
contribute to health*3

Fiscal 2030 target: 100%

Fiscal 2030 target: 20

Fiscal 2030 target: 30*1 Refers to packaging productsthat contribute to CO2 reduction,
plastic volume reduction, or
improved recyclability. Targets arefor single fiscal years.

*2 Refers to services leveraging
metaverse and information bankplatforms that handle personal
data securely. Targets are
cumulative figures over the years
leading up to the target year.

*3 Refers to services that provide added
value in the healthcare field. Targets
are cumulative figures over the years
leading up to the target year.

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

Material Issues to Address
Selecting the Material Issues

Selection Process

To further accelerate our efforts to address social issues, in 2019

We selected the material issues based on the criteria described

we defined the material issues on which to focus in ourabove by comprehensively assessing the corporate activities ofsustainability activities. We classify the selected issues into two

the Group through discussions with relevant departments. The

categories: Business Materiality, issues of focus in our businessappropriateness of the selections was checked through dialogue

activities, and Companywide Materiality, issues to address inwith stakeholders and outside experts. Senior management

Groupwide operations as a good corporate citizen.

reviewed the selections and finalized them with authorizationfrom the Board of Directors.

Selection Criteria
In selecting the material issues, we took as our starting point the
Corporate Philosophy, Corporate Creed, and Conduct
Guidelines presented in TOPPAN VISION 21 . Along with the

The selections are being reviewed through a series ofprocesses together with consideration of the Medium Term
Plan.

Process for Selecting the Material Issues“markets & customers” and “technology & expertise” approaches
encompassed within the Business Fields, we have also embraced
the concepts underlying the SDGs, a set of long-term global
development agendas. The selected material issues are pathways
for contributing to achievement of the SDGs through the use of
the TOPPAN Group’s technologies and expertise to create newvalue.

Identificationof issues thatthreaten thesustainability of
global society

Generation ofbusiness ideasthat allow the
TOPPAN Groupto offer distinctive
solutions to theissues identified

Judgment ofimportance inline with twoaxes—degree of
use of TOPPANGroup resourcesand degree ofcontribution tosociety

Selection ofmaterial issues,
centered onfields associatedwith importantbusiness ideas

Checking
appropriatenessthrough dialogue
with outside
experts, making
certain revisions

Authorized by
the Board of
Directors after
discussion
among senior
management

Employee Evaluation
In the Business Division Performance Evaluation System, the
TOPPAN Group has set the degree of achievement ofgreenhouse gas emission reduction targets as one evaluation
item. This Business Division Performance Evaluation System isincorporated into evaluations that determine bonuses forbusiness division employees, including executive officers andmanagers, who are responsible for the business division.

20

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

Materiality at the TOPPAN Group
Theme

Business Materiality and Companywide Materiality
We have classified the material issues into the two categories shown below to promote “fulfilling,

Relationship with the SDGs

sustainable living,” an ideal the Group is committed to realizing through its sustainability initiatives.

Environment(sustainable global environment)
Business Materiality(Issues of focus in theGroup’s business activities)

Companywide Materiality(Issues to address inGroupwide activities as agood corporate citizen)

Business MaterialityCommunities(creation of safe, secure, enrichedcommunities)

Business Materiality● Environment (sustainable global
environment)

Creation of safe,
secure, enriched

People(empowerment and fulfillment of bodyand mind)● Communities (creation of safe, secure,enriched communities)

communities● People (empowerment and fulfillment ofbody and mind)

Environmentally friendly & sustainableproduction
SustainableglobalEmployee health & job satisfaction

environment

Fulﬁlling,sustainableliving

The three Business Materiality themes are
Empowerment andfulﬁllment of bodyand mindguideposts for us to follow through theGroup’s efforts to realize “fulfilling,sustainable living.” Efforts focused on
every theme link to the other themes toreinforce the sustainability activities.

Companywide Materiality
Environmentallyfriendly & sustainableproduction

Employee health &job satisfaction

Companywide Materiality● Environmentally friendly & sustainableproduction● Employee health & job satisfaction
As a solid foundation for businessactivities, the two Companywide
Materiality themes provide a platform tosupport our initiatives focused on thethree Business Materiality themes.

21

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

Initiatives and Accomplishments Related to Materiality
Initiatives Focused on Business Materiality

Overview of TOPPAN Business Action for SDGs

We formulated and announced “TOPPAN Business Action for SDGs” in 2020 to further accelerate

Environment: sustainable global environment

initiatives focused on the Business Materiality themes. By backcasting from our vision for society in

Recognizing environmental problems including climate change and marine plastic pollution, the2030, we have identified nine areas of focus where we can leverage our distinctive strengths and our

TOPPAN Group engages in development and provision of products and services by leveraging its

unique technologies and expertise.

expertise in environmentally conscious manufacturing and experience in marketing promotions andin collaborative projects with large numbers of partners. These efforts, along with new businessIn 2021, we set targets for fiscal 2025 and fiscal 2030 in each of the nine areas of focus to clarify

creation, are designed to lead to resource circulation and greenhouse gas emission reductions ingoal setting focused on the SDGs.

support of a sustainable global environment so that we can continue leading lives that are just as

TOPPAN Business Action for SDGs: Nine areas of focus

fulfilling in 2030 and beyond.
Communities: creation of safe, secure, enriched communities
Many social challenges will impact communities in the future, including those arising from security
needs as a result of digitalization as well as population decline and increasing urbanization in Japan.
With advanced digital and security technology as well as advances in VR and other media
development, we offer safe and convenient services optimized for local regions to support thecreation of safe, secure, and enriched communities.
People: empowerment and fulfillment of body and mind
People are facing many issues today, including rising medical costs in developed countries withfalling birth rates and aging societies, food shortages due to the growing world population, andchallenges in educational environments due to ongoing social change. The TOPPAN Group isleveraging its strengths in development and manufacturing, including for healthcare-related services,functional packaging, and educational content, to provide services and products that support mental
and physical fulfillment and systems for companies and other organizations to support the wellbeing of their people. These efforts contribute to empowering and fulfilling people in body and mind.

22

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

Business Materiality: Targets and Results (Activities and targets set out in TOPPAN Business Action for SDGs)
Items in red are those where indicators have been changed or target values revised upwards.
*Target figures marked with an asterisk are cumulative figures over the years leading up to the target year. (Other targets are for single fiscal years)

Creating a circular economy
Percentage of barrier-technology-based packaging
switched to mono-material

1%

Fiscal2022（overseas 4%）[Plan: 4％（overseas 7％）］25%

Fiscal2025（overseas 40%）

Fiscal2030

30%（overseas 50%）

Number of proofs of concept for establishing recycling
schemes for packaging and sales promotion materials*
Fiscal2022

28[Plan: 23］

40

Fiscal2025

Fiscal2030

50

Prevent pollution and destruction due to waste by driving processes from sharing
and recovery to upcycling based on the 3Rs (reduce, reuse, recycle), product life
extension, and material development.

Contributing to enhanced quality of life for communities

Using innovative digital technologies to enhance health

Number of local authorities providing residents
services optimized for the community*

Number of services that contribute to health*Fiscal 2022

52

[Plan: 50］

Fiscal 2025

100

Fiscal 2030

150

Take advantage of nationwide network and digital technologies to provide
residents with optimal region-specific services and contribute to sustaining
provincial cities.

Fiscal 2022

15

[Plan: 12］

Fiscal 2025

20

Fiscal 2030

30

Contribute to longer healthy lives for people throughout the world by facilitating
access to healthcare information and services transcending national or regional
borders.

Decarbonizing

Creating a safe society in which we can be ourselves

Reducing food loss to help eliminate hunger

Number of services contributing togreenhouse gas reduction*(Personal data platforms leveraging information banks/the metaverse)

Number of services enriching people’s lives*

Total weight of food in packaging that
contributes to longer shelf lives

Fiscal 2022

29

[Plan: 18］

Fiscal 2025

40

Fiscal 2030

50

Fiscal 2022

4

[Plan: 4］

Fiscal 2025

10

Fiscal 2030

20

Fiscal 2022

250
kilotons[Plan: 270 kilotons］

Fiscal 2025

300
kilotons

Fiscal 2030

400
kilotons

Contribute to reduction in greenhouse gas emissions and the mitigation of global
warming by providing eco-friendly materials and schemes as well as solutions forenergy saving and energy creation.

Leverage security system technologies to create environments that enable
everyone to use their own data safely and provide personal data usage services
that achieve both enhanced usability and privacy protection.

Reduce food loss throughout the value chain from primary industry sectors to
consumers by combining functional packaging and digital transformation toextend shelf lives and optimize the balance of supply and demand.

Expanding eco-friendly products and solutions

Showcasing and preserving culture

Creating obstacle-free educational environments

Percentage of packaging sales accounted forby sustainable packaging

Number of archives of materials
related to culture and industry*

Number of people whoselearning we contribute to (cumulative)

37%

Fiscal2022[Plan: 33%］

Fiscal 2022

94.3

billionyen[Plan: 87.3 billion yen]

Fiscal2025

50%

Fiscal2030

100%

SX priority theme sales
Fiscal 2025

200

billionyen

Fiscal 2030

300

billionyen

Expand TOPPAN’s development of mono-material GL FILM and other ecofriendly products and solutions and ensure contribution to the environment isvisible and widely recognized by establishing certification programs.

Fiscal 2022

130

[Plan: 118］

Fiscal 2025

150

Fiscal 2030

200

Combine experience in the fields of culture and education with cutting-edge
technologies to develop solutions for preserving and passing down tangible andintangible culture and protecting the world’s diversity.

23

Fiscal 2022

21m

[Plan: 21 m］

Fiscal 2025

Fiscal 2030

（Japan）（Japan）

24-m（overseas）

30
100

m

（overseas）

mCreate a society in which anyone can learn anywhere and anytime by providing
a global platform combining educational software and translation technologies.

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

Companywide Materiality: Targets and Results
Environmentally Friendly & Sustainable Production

and on the TOPPAN Group Medium-and-Long-Term
Environmental Targets for Fiscal 2030.

We engage in efforts throughout the value chain including the
supply chain, based on the TOPPAN Group Environmental

See the TOPPAN Group Environmental Vision 2050 on page 96

Vision 2050, which defines long-term efforts for global

See the TOPPAN Group Medium-and-Long-Term Environmental Targets

environmental issues aiming to realize a sustainable society,for Fiscal 2030 on page 96● Contributing to Decarbonization● Contributing to Resource Circulation

We primarily contribute to decarbonization through rationalization of energy use and energy

We position the formation of a circular economy as a critical challenge for management and aim for

management, along with proactively using and promoting the widespread use of renewable energy,

zero waste emissions by fiscal 2050 through reducing waste generated in business activities andaiming to achieve net zero greenhouse gas (GHG) emissions for Scope 1+ 2 and Scope 3 emissions

reusing and recycling the waste that is generated.

by fiscal 2050.
Metrics

Fiscal 2030 Targets

Fiscal 2022 Results

Scope 1 and 2 GHG
emission reduction

Reduce by 54.6% compared to thefiscal 2017 level(Renewable energy ratio of 6.5%)

Reduced by 28.2% compared to thefiscal 2017 level(Renewable energy ratio of 1.2%)

Scope 3 GHG
emission reduction

Reduce by 54.6% compared to thefiscal 2017 level

Reduced by 20% compared to thefiscal 2017 level

Metrics

Fiscal 2030 Targets

Fiscal 2022 Results

Final landfill waste disposal*

Reduce by 60% compared to thefiscal 2017 level

Reduced by 10.8% compared to thefiscal 2017 level

Waste plastic material
recycling rate

Increase by 12% compared to thefiscal 2017 level

Increase by 3.7% compared to thefiscal 2017 level*Applies to waste derived from production● Preserving Biodiversity● Optimal Water Use

For the sustainable use of natural resources, we are working toward the targets of reducing threats to

Safe water is a necessary resource in production activities and biodiversity conservation, and thebiodiversity and protecting 30% of the world’s land and waters, aiming for co-existence with nature

TOPPAN Group engages in water conservation activities and wastewater pollution prevention

that both conserves the rich natural environment and enables social and economic activity.

activities at operational sites in areas experiencing high water stress to contribute to improved water

Metrics

quality by realizing optimal water use and preventing water pollution.

Fiscal 2030 Targets

Confirmation of legality of procurement of raw materials of
paper

100%

Contribution to the conservation of regions in which humans
coexist with nature both inside and outside the Group*

Equivalent to 10% of the area of
manufacturing sites*Based on the site area of the former Toppan Inc. and subsidiaries with manufacturing facilities

Metrics

Fiscal 2030 Targets

Number of sites with high water risk* at which water withdrawal reduction targets
are achieved

50% or moreCases of action taken by authorities due to exceeding regulatory threshold values

0*Sites with water stress in excess of 40%
Environmental Policy
https://www.holdings.toppan.com/en/sustainability/environment/

24

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

driving the DX business, expanding the Living & Industry

a critical challenge for management, we are investing in humanbusiness overseas (SX business, global business development),

assets to contribute to medium- to long-term value creation for

Looking to business portfolio transformation as a priority

and creating new businesses (frontier). Recognizing thethe Group and implementing a range of human resource

measure for the medium to long term, we are focusing on

recruitment and development of human assets to support this asmeasures.

Employee Health & Job Satisfaction● Building a Human Asset Development Program
We are working on recruitment and development of human assets to support business portfoliotransformation by implementing programs to develop diverse human assets and achieve intra-Groupmobility of human assets. We are also implementing programs to develop management human assets
who will lead us in the future.
MetricNumber of employees (human assets)
engaged in Erhoeht-XTM*1

Fiscal 2025 Target

Fiscal 2022 Result

6,000

4,300

*1 The former Toppan Inc. and consolidated subsidiaries, including those overseas
Erhoeht-X™ (erhoeht cross) is the concept for our Companywide efforts to support digital innovation of society andbusinesses and drive our own digital transformation.

We place importance on diversity and inclusion that leverages our differences as drivers of change.
We promote women’s advancement in the workplace and efforts for gender diversity and implement
measures to support employees balancing work with childcare or nursing care.

Elimination of Gender Disparities

Percentage of women in management*2

Fiscal 2025 Target

Fiscal 2022 Result

14.7%

12.2%

Fiscal 2030
Targets

Fiscal 2022 Results

Percentages of male andfemale employees working
as managers andsupervisors*3

Eliminating
genderdisparities

Female 0.74 : Male 1.00

Percentage of eligible male
employees taking childcare
leave*4

80.0%

72.9%

10-year retention rate bygender*5

Eliminating
genderdisparities

Female 0.87 :Male 1.00

Fiscal 2011 hires

Female 0.75 : Male 1.00

Fiscal 2012 hires

Female 0.86 : Male 1.00

Fiscal 2013 hires

Female 0.95 : Male 1.00

*3 At the former Toppan Inc., percentages of employees working as managers and supervisors, out of all current
employees recruited as regular hires from 2004 to 2013 (as of March 31, 2023). Difference between proportions forfemale managers/supervisors and male managers/supervisors when value for male managers/supervisors is set as
1.00.
*4 At the former Toppan Inc., a percentage calculated by dividing the number of male employees who took childcare
leave in fiscal 2022 by the total number of male employees with children born from April 2022 to March 2023
(The method for calculating this percentage is based on the applicable Japanese act requiring disclosure of thepercentage.)*5 At the former Toppan Inc., calculated the average 10-year retention rates by gender for regular hires from fiscal
2011 to fiscal 2013 (new graduates from technical colleges, universities, and graduate schools). Difference between
rates for male and female employees when value for male employees is set as 1.00.

● Promotion of Diversity & Inclusion

MetricMetrics

Support for Employees with Children*2 The former Toppan Inc. and consolidated subsidiaries, including those overseas

Metrics

Fiscal 2030 Targets

Fiscal 2022 Results

45.0%

15.2%

Attendance rate of managers in Hagukumi Seminar

100.0%

75.8%

Participation rate in Hagukumi Circle*8

10.0%

11.4%

Participation rate in Hagukumi Art Salon*6*7*6, 7, 8 The former Toppan Inc. standalone
Diversity & Inclusion
https://www.holdings.toppan.com/en/sustainability/social/diversity.html*Every indicator assured by an independent assurance provider is marked with an assurance stamp.

25

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director● Employee Well-being
To ensure human assets with diverse capabilities and careers, we have introduced an original
job-based personnel system and design new programs that harmonize gains in corporate value andemployee motivation. We also implement measures to promote the health of employees and theirfamilies and programs to improve the physical and mental condition of each employee.

Employee Engagement
Metrics

Fiscal 2025 Targets

Fiscal 2022 Results

Fiscal 2021 Results

Engagement score*9

Improve by 5 points compared tofiscal 2021

70.6 points

69.8 points

Health risk value*10

Improve by 6 points compared tofiscal 2021
(96 points)

101 points

102 points

Condition risk
determination*11

Improve by 4 points compared tofiscal 2021
(17.1 points)

22.6 points

21.1 points

Fiscal 2030 Targets

Fiscal 2022 Results

Obesity risk

20.0%

27.9%

High bloodpressure risk

8.0%

10.8%

Diabetes risk

8.0%

10.9%

Lipid risk

28.0%

30.1%

Medicalexaminations*13

Gynecologicalscreening rate

75.0%

78.4%

Medicalexaminations*14

Family healthcheckup rate

95.0%

84.3%

*9, 10, 11 The former Toppan Inc. and consolidated subsidiaries in Japan

Prevention of Serious Illness
Metrics

Employees

Families

Risk of serious
illness*12*12, 13, 14 The former Toppan Inc. standalone
Employee Health & Safety / Work-Life Balance
https://www.holdings.toppan.com/en/sustainability/social/health.html

26

Sustainability Report 2023

Contents

Introduction

Management

Social (S)Environment (E)Governance (G)Recognition / Assurance

To Our Stakeholders | TOPPAN’s Sustainability Initiatives | Message from an External Director

Progress in the TOPPAN Group’s Sustainability Initiatives
2011
Embraced the ISO 26000 standards

TOPPAN Group Declarationon the Global Environment

related information
disclosure

2000
TOPPAN VISION 21
and Business Fields

Five approaches
in business

2020

2009

2011

2021

TOPPAN SDGs
STATEMENTTOPPAN Business
Action for SDGs

● Selected material issues● Identiﬁed nine areas of focus

for business activities
and Companywide
operations● Deﬁned Corporate Structure

Shaping TOPPANʼsBusiness Fields

TOPPAN Group
Human Rights Policy● Enriched climate change-

activities

2006

TOPPAN Group
Environmental Vision 2050

Announced support
for TCFD
recommendations● Guiding principles for sustainability

Revised the TOPPAN Group
Environmental Vision 2050

2021

2019

Became a signatory to theUnited Nations Global Compact

2000

2023

TOPPAN Group CSR
Procurement Guidelines(second edition)

2009

2006

2014

2014

pertinent to Business
Materiality and set out future
activities

2019

2020

2022

Deﬁned TOPPANʼs Purpose & Values

Revised the CSR procurement
guidelines into the
TOPPAN Group
Sustainable Procurement
Guidelines

Set targets for TOPPAN
Business Action for SDGs
● Set ﬁscal 2025 and ﬁscal 2030

targets for the nine areas of focus

2021

2022

2023

Reshaping the Business Fields
Markets & Customers
Four growth ﬁelds

Technology & Expertise
Five segments

Accelerating DX and SX initiatives
Transforming the business portfolio

SDGs

Transition to a holding
company structure

A leading provider of solutions for social issues worldwide through DX and SX

27

Sustainability Report 2023

A corporation that creates social value● Guidance on sustainability activities

Contributing to achievement of the SDGs Growing into a truly sustainable corporation