April 28, 2021
Company

New Shared Value Creation Strategy TOTO WILL 2030 is Established,
Accelerating the Unification of Management and CSR－Aiming for a Sustainable Society and Clean, Comfortable, and Healthy Lifestyles by 2030－

TOTO LTD. (headquarters: Kitakyushu, Fukuoka; President: Noriaki Kiyota) has established the
New Shared Value Creation Strategy TOTO WILL 2030, aiming to realize a sustainable societyand clean, comfortable, and healthy lifestyles by 2030.
To achieve this strategy, TOTO has established concrete goals as mid-term management issues(WILL2030 STAGE 1) for the first three years (FY2021 - FY2023) and will respond to environmental
changes.
The TOTO Group has continued to create an enriched and more comfortable lifestyle and culture
built on plumbing products while also responding to changes over the course of about a century,
based on the founder's concept of providing a healthy and civilized way of life. The Group has newly
established lifestyles, society, and the environment to achieve from a long-term perspective, and has
established an implementation strategy to do so. The Group is working to unify management andCSR, with cleanliness and comfort, the environment, and relationships as key issues to beaddressed (materiality). The Group has also focused on the realization of a carbon-neutral
sustainable society by 2050, aiming to realize economic growth by realizing an enriched andmore comfortable future society that doesn't impact the global environment by 2030 and byrealizing fun, healthy, and safe lifestyles.
The TOTO Group aims to continue to be a presence that widely contributes towards society andthe global environment, and will also contribute towards the UN's Sustainable Development Goals(SDGs) through the New Shared Value Creation Strategy TOTO WILL 2030, which will realize
environmental, social, and economic value simultaneously.
TOTO’s Vision for Creating Shared Value

New Shared Value Creation Strategy TOTO WILL 2030
https://jp.toto.com/company/ir/individual/vision/index.htm

Ideas Incorporated into the New Shared Value Creation Strategy TOTO WILL 2030
TOTO WILL 2030 is an abbreviation for “Ｗe Innovate Leading Lifestyles”, and incorporates theidea of gaining TOTO fans around the world with the strong will to achieve a sustainable society andrealize clean, comfortable, and healthy lifestyles in a time of new ways of living and changing values.
The responsibility and role corporations must take on is gradually increasing under a rapidlychanging and uncertain economic environment, including natural disasters and global pandemics
that have occurred in recent years. The TOTO Group has defined the lifestyle, society andenvironment the Group wants to achieve from a long-term perspective with a backcast approach,rather than a conventional and elaborate plan. The Group will achieve economic growth throughworking to solve social problems through its business activities, based on the founder's will to provide
a healthy and civilized way of life.

TOTO's unique Sustainable Products realize cleanliness and comfort and protect theenvironment

In the New Shared Value Creation Strategy, TOTO WILL 2030, which we have newly formulated,
we have positioned TOTO's Sustainable Products as unique TOTO products that realize cleanlinessand comfort and protect the environment. By expanding these products globally, we will contributeto the realization of an affluent and comfortable society that is conscious of the global environment.

2FY2021 to 2023 Mid-Term Management Issues (WILL2030 STAGE 1)
Business activities and the TOTO Global Environmental Vision will be further integrated as
mid-term management issues (WILL2030 STAGE 1) for the first three years (FY2021 toFY2023) in realizing the New Shared Value Creation Strategy. The Group will constantly
observe the growth potential of the market, apply this to the implementation plan, define
concrete goals, and respond to environmental changes. To contribute to a sustainable society
and clean, comfortable, and healthy lifestyles, the Group will use the mid-term management issues(WILL2030 STAGE 1) to evolve into an organization that can continue to be trusted by putting
product lines unique to TOTO that facilitate cleanliness, comfort, and health while being eco-friendly
into the market and by placing importance on connections between people around the world. TheGroup will visualize the market, create country-specific systems, utilize digital technology, andimplement value creation and improvements in business processes that cannot be achieved by theGroup alone.
The Group will increase the number of TOTO fans around the world by continuing to be apresence that widely contributes to society and the global environment while also rapidlychanging the world through new systems.

Promotion StructureManagement Indicators

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New Shared Value Creation Strategy TOTO WILL2030
Cleanliness and comfort

The environment

Relationships

The New Shared Value Creation Strategy, TOTO WILL 2030, will simultaneously realize environmental, social andeconomic value. In it, we have established the materiality issues of cleanliness and comfort, the environment andrelationships, that we will work on to integrate management and CSR and contribute to the achievement of the United
Nations' Sustainable Development Goals (SDGs).

https://jp.toto.com/company/ir/individual/vision/index.htm

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