Environmental data
GHG emissions
Targets: Reduce Scope 1 and 2 GHG emissions by 46% by FYE March 2031
(Compared to the FYE March 2020)（t-CO2e）2020/3
Scope 12021/32022/32023/3

857

749

578

709

Scope 2 (Market based)

3,827

3,691

4,741

4,275

Subtotal Scope 1 and Scope 2

4,684

4,440

5,319

4,984

Scope 3 emissions（t-CO2e）2020/32021/32022/32023/3

9,392

19,165

115,822

9,130

-

-

-

-

917

881

989

1,013

4 Upstream transportation and Distribution

3

3

3

3

5 Waste generated in operations

20

20

20

20

6 Business travel

27

13

11

24

7 Employee commuting

15

15

17

17

8 Upstream leased assets

-

-

-

-

9 Downstream transportation and distribution

-

-

-

-

10 Processing of sold products

-

-

-

-

11 Use of sold products

-

-

-

-

12 End-of-life treatment of sold products

-

78

-

-

55,27753,371

62,79857,21214 Franchises

-

-

-

-

15 Investments

-

-

-

-

Subtotal Scope 3

65,65173,546

179,660

67,419Total Scope 1, 2 and 3

70,33577,986

184,979

72,403

1 Purchased goods and services
2 Capital goods
3 Fuel- and energy-related activities
not included in Scope 1 and 2

13 Downstream leased assets(Note) Scope3-2/8/9/10/11/14/15 are not included in the calculation because there are no emission source.

Keihanshin Building's approach to calculating Scope 3 emissions
Scope 3 categories

Upstream

1

Purchased goods and services

Categories shown in gray are categories for which Keihanshin Building has no emission sources.
Examples of applicable activities

Items calculated

Procurement of raw materials, external outsourcing

Costs related to property

Calculated based on the order amount for renovations, repairs,for packaging, procurement of consumables

construction

contract work, and miscellaneous expenses

Costs related to property

Calculated based on the order amount for management fees paid tomanagement

management companies (maintenance, security, cleaning)

Office supplies,
communication costs,
advertising costs

Calculation method/Remarks

Calculated based on the printing costs of securities reports, etc.
and purchase amount for all other office supplies

Expansion of production facilities
2

Capital goods(if construction/production is carried out over several years,

Renovations, repairs, contract work,

it will be recorded in the final year

or new construction orders are included in Category 1.

when the construction/production is completed)3

Fuel and energy-related activities
not included in Scopes 1 and 2

Upstream processes of fuel procured (mining, refining, etc.)
Upstream processes of electricity procured

Transportation and distribution

between internal business sites, shipping(with our company as the shipper)

5

6

Waste generated in operations

Business travel

Electricity, city gas, petroleum(mining, refining, etc. of fuels used in power generation)
Logistics of procurement, conveyance4

Calculated by multiplying the GHG emissions during the generation ofenergy for the amount of Scope 1 and 2 energy purchased,by the coefficient from the database

Shipping charges(postal, courier)Calculated based on the costs of stamps, postcards,
and postage (including franking machine)and order amount to courier companies

Transportation, processing of waste

Costs of outsourcing

Calculated based on the costs of cleaning work

(excluding items with value) outside of our company

cleaning work

outsourced to management companies

Business trip expenses

Calculated based on the costs of transportation(Shinkansen, flights,

Calculated based on the number of nights stayedaccommodations)at the time of travel expense settlement

Business trips taken by employees

7

Employee commuting

Employees' commutes

8

Leased assets

Operation of leased assets rented by our company

Commuting expenses

Calculated based on commuting expenses(cost of commuter passes)

Keihanshin Building's approach to calculating Scope 3 emissions
Scope 3 categories

Downstream

9

Transportation and distribution

10 Processing of sold products

Categories shown in gray are categories for which Keihanshin Building has no emission sources.
Examples of applicable activities

Items calculated

Shipping (after transportation with our company as the shipper),Combined with category 4

storage at warehouses, sale at retail stores

Processing of intermediate products by business operators

GHG emissions expected
11 Use of sold products

Use of products by consumers

to be generated
in the futureby the property for sale

GHG emissions generated
12End-of-life treatment ofTransportation, processing

when the property

sold products

when products are disposed of by consumers

for sale is demolishedin the future

13 Leased assets

14 Franchises

15 Investments

Others (optional)

Calculation method/Remarks

Operation of leased assets owned by our company
as the lessor and rented to other parties

GHG emissions
from energy
consumption by tenants"Manual for Preparing Green Buildings Program (2015)(CASBEE for Buildings (Existing), Osaka Mirai Edition)"*Applies the actual statistical value of primary energy consumption(500MJ/m2/year) for 266 factories (including warehouses).
Calculated by multiplying with the floor space of the property.
"Manual for Preparing Green Buildings Program (2015)(CASBEE for Buildings (Existing), Osaka Mirai Edition)"*Applies the CO2 emissions at the demolition stage (8.65kg CO2/m2/year)for 263 steel and wooden-structured factories (including warehouses).
Calculated by multiplying with the floor space of the property.

Calculated based on measured electricity consumptionof tenants in owned buildings

Scope 1 and 2 activities by franchises under our company
Stock investments, bond investments,
other investments such as project finance
Daily lives of employees and consumers*: https://www.city.osaka.lg.jp/toshikeikaku/page/0000162674.html

Energy consumption
KPI：①reduce energy consumption intensity by 10% through energy conservation by the fiscal
year ending March 31, 2031 compared to the fiscal year ended March 31, 2020
②Use of renewable energy
2020/32021/32022/32023/3

Energy consumption (MWh)15,08814,373

15,653

16,102

Scope1（MWh）

4,180

3,563

2,820

3,067

Scope2（MWh）

10,908

10,81012,833

13,035

10

11

12

12

Total floor space (㎡)117,858

121,647

146,191

154,977

Energy consumption intensity (kWh/㎡)

128.02118.15107.07103.90

Number of target facilities*:Aggregation of portions corresponding to Scope1 and 2, and properties leased as a whole building toa single tenant per property are excluded. Total floor space is calculated based on operation rate

Number of target facilities using electricity from renewable energy sources
2020/32021/32022/32023/3

Number of target facilities

25

25

26

26

Number of target facilities using electricity fromrenewable energy sources

0

0

0

1

Water intake (Water consumption)
KPI：reduce water consumption intensity (㎥/㎡) from the previous fiscal year
unit

2020/32021/32022/32023/3

Water consumption

thousand ㎥

159

138

152

159

Tap water consumption

thousand ㎥

159

138

152

159

Total floor space㎡

276,892

280,681305,225

314,010

Water consumption intensity

㎥/㎡

0.57

0.49

0.50

0.51

Waste water

㎥

159

138

152

159

Amount discharged into sewage systemthousand ㎥

159

138

152

159

Waste disposal
KPI：Reduce waste disposal intensity (kg/m2) from the previous fiscal year
2020/32021/32022/32023/3

193

185

215

186

General waste

227

219

255

222

Industrial waste

16

19

41

28

Total

244

239

297

251

436

423

511

436

Recycling rate(%)

79.1

77.5

72.5

74.2

Waste disposal intensity (kg/㎡)

2.9

2.7

3.2

2.1

85,23188,45393,084

121,782

Waste that can be recycled (t)Waste that cannot be recycled (t)Total of waste that can be recycled
and waste that cannot be recycled (t)Total floor space (㎡)Paper consumption
2020/3Unit

2021/32022/32023/3

Amount of paper consumption

sheets483,500

454,000

386,500

338,500

Paper consumption per person

sheets

10,744

9,458

7,292

6,386

2021/32022/32023/3*:The scope is Head Office and Tokyo branch Office.

Number of greening properties
2020/3
Number of target properties

24

25

26

26

Number of greening properties

19

20

21

21

*:Number of greening properties in Our Properties

Amount of hazardous wastes
Unit2020/32021/32022/32023/3

Number of target facilities

properties

21

22

23

23

SOx emissions

kg

664

542

549

739

NOx emissions

kg

406

321

331

449

*:The calculation was based on the emission factor of the Center for Global Environmental Research at
the National Institute for Environmental Studies (FY 2005).

External authentication
KPI：Raise the ratio of certified green buildings to all the owned properties by floor space (%) to 50%
and higher by the fiscal year ending March 31, 2031 and acquire green building certifications for
all newly constructed properties in the future
2020/32021/32022/32023/3

0

1

2

4

0

1

3

7

0

6.9

20.7

38.5

0

0

0

0

Number of new acquisitions ofcertified green buildings to
all the owned properties
Green Building Certification

Cumulative number ofAcquisitions of certified
green buildings to
all the owned properties

Ratio of properties with

Ratio of properties withgreen building certifications

green building (%)

Environmental compliance

Violations of environmental laws
and regulations (times)

CASBEE real estate certification
Property

Ranking

Certification date

Keihanshin Midosuji BuildingS2021/3/31

Keihanshin Fuchu BuildingS2021/10/31

Keihanshin Yodoyabashi BuildingS2022/3/31

Keihanshin Toranomon BuildingS2022/10/31

Keihanshin Onarimon BuildingS2022/10/31

Keihanshin Yoyogi-koen BuildingS2022/10/31

Keihanshin Fujisawa Shopping FacilityS

2023/6/30

BELS rating
Property
OBP Building

Ranking

Certification date★★

2022/7/27

Social data
Human capital-related data
Employees data
2020/3(consolidated)

2021/32022/32023/3

Male

32

32

35

37

Female

13

14

16

16

Total

45

46

51

53

2

1

3

2

Male

31

30

34

37

Female

13

14

16

16

Total

44

44

50

53

2

1

3

2

9,139

9,348

9,929

10,708

Male

0

0

1

0

graduates recruited

Female0220(persons)

Total

0

2

3

0

(consolidated)

50.0

57.1

50.0

66.7

(consolidated)

13

14

14

14

(consolidated)

3

0

3

5

(consolidated)

0

0

0

0

(consolidated)

0

0

0

0

Non-regular
Number of employees(persons)

employees(nonconsolidated)

Non-regular
employees
Average annual salary(thousand yen)
Number of new(consolidated)

Percentage of female
among new graduates
recruited(five-year average) (%)
Number of senior
employees(aged 60 or older)(persons)
Number of mid-career
personnel recruited(persons)
Number of foreign
employees(persons)
Number of employeeswith disabilities(persons)(consolidated)

Male Average

9.9

11.0

9.6

8.4

13.2

12.4

11.9

12.9

10.9

11.4

10.3

9.8

9.8

9.9

9.4

8.4

13.2

12.4

11.9

12.9

10.8

10.7

10.2

9.8

52.5

53.1

53.0

53.5

35.9

35.3

34.7

35.7

47.7

47.7

47.2

48.2

52.0

52.3

52.5

53.5

35.9

35.3

34.7

35.7

47.2

46.9

46.8

48.2

(consolidated)

151

160

158

155

(consolidated)

11

14

14

14

64.6

64.8

59.3

57.6

66.0

66.5

59.7

53.7

-

-

-

97.4

0

1

1

0

FemaleAverage
Total
Average service period(years)Average(nonconsolidated)

Male Average
FemaleAverage
Total
Average(consolidated)

Male Average
FemaleAverage
Total
Average

Average age (years)(nonconsolidated)

Male Average
FemaleAverage
Total
Average

Total working hours
per month(hours/months)
all workers
Monthly average
overtime(hours/months)
excludingmanagers *(nonDifferences in wages

consolidated)

All workers
Full-time

between male andworkers

female workers (%)

Fixed-term
workers

Number of voluntarily
resigned employees(persons)(consolidated)Ratio of voluntarily
resigned employees(consolidated)

0

100

50

0

(％)
*:Overtime is calculated based on the Company’s prescribed working hours (7 hours).

Promoting active roles for diverse human resources
2020/32021/32022/32023/3

Male

23

21

18

21

positions (persons)Female2222(excluding executive officers)

Total

25

23

20

23

(consolidated)

10.0

10.0

10.0

10.0

Percentage of female directors (%) *1(consolidated)

9.0

6.6

5.8

5.8

Percentage of female managers (%)(consolidated)

7.7

7.7

7.4

6.7

(consolidated)

-

-

-

100

2020/32021/32022/32023/30000Frequency rate (accidents resulting in lost workdays) (％)

0

0

0

0

Number of fatal accidents

0

0

0

0

Percentage of employees who received health checkup (％)

100

100

100

100

Paid leave utilization rate (％)

64.7

63.8

69.2

76.6

Number of individuals who took maternity/childcare leave (persons)

1

2

1

1

Number of male employees who took childcare leave (persons)

1

0

0

1

Number of female employees who took childcare leave (persons)

0

2

1

0

Ratio of employees returning to work after childcare leaves (％)

100

100

100

100

Number of employees with shorter working hours (persons)

1

2

2

3

Number of employees who took day off for family care (persons)

0

0

0

0

Number of employees who took family care leave (persons)

0

0

0

0

-

-

-

55/100

Number of employees in managerial(consolidated)

Percentage of female directors andAudit & Supervisory
Board members (%)

Percentage of career interviews
conducted (%) *2*1：Percentage of women who serve as board of directors, auditors, executive officers*2：Conducted once a year from the FYE March 2023

Creating a pleasant work environment・promoting diverse work styles
Number of participants for training sessions
that included health and safety standards (persons)

Number of stress checks conducted (persons)/Percentage of
employees who received stress checks (%)

Human rights

Human rights related training

2020/32021/32022/32023/3

Number of participants (persons)

-

-

25

54

Participation rate (%)

-

-

92.6

91.5

*:The training was conducted only for members of the Sustainability Committee in FYE March 2022 (parameter：27).

Human resources development
2020/32021/32022/32023/3

55.7

35.5

56.2

56.5

2

4

1

2

Training expenses per employee (thousand yen)
Number of additionally obtained qualifications by employees
in total (persons)

Other data
Name

Chairperson

2020/3 2021/3 2022/3

Number of the Health Committee held

General Manager of Personnel(times)& General Affairs Dept-2023/3--12

2020/32021/32022/32023/301

1

1

2020/32021/32022/32023/322,517

16,404

7,751

106,635*:The Health Committee was launched in April 2022

Satisfaction surveys for tenants’ employees
Number of Satisfaction surveys for tenants’ employees(times)

Investment in contribution to local communities
Investment in contribution to local communities (thousand yen)Governance data
Corporate governanceMembers of the boards
The Company's Board of Directors, Audit & Supervisory Board, Nominating Committee and Remuneration
Committee include the following members:
As of June 20, 2023, the Board of Directors and Audit & Supervisory Board included 9 male and 1 female
members.
Director skill matrix
We have defined the skills we consider necessary for directors as those related to Corporate Management,
Finance and Accounting, Legal Risk Management, Industrial Expertise, Architecture,
and Technology Energy.
We appoint directors with the right skills in accordance with these requirements,
and their skills are shown in the table below.

Industrial Expertise

7 years

●

●

●

●

Tsuneo Wakabayashi

●

Male

11/11

2 years

●

●

●

●

Male

11/11

3 years

Term ofofficeTakashi Yoshida

●

Male

11/11

6 years

Masao Nomura

●

Male

11/11

4 years

Takashi Tsuji

●

Male

11/11

3 years

Chiho Takeda●

Female11/11

1 yearShigeru Nishida

Male

11/11

4 years

Hideharu Nagasawa

Male

11/11

2 years

Hideyuki Kamijo

Male

9/9

1 year

●
◎

●

◎

●

●

◎

●

●

Technology Energy

Legal Risk Management

11/11

GenderArchitecture

Finance & Accountingof Directors’Meetings in FY2022

Male

Seisuke Isemura

Board

Attendance at the Board●

Committee

Corporate Management

Board of Directors
Supervisory

Officers are particularly expected )Koichi Minami

Name

Audit &

Nomination and Remuneration

Expertise (◎ A field for which Outside

●

●

◎

◎
●

●

◎

●

●

●

◎

●

◎
◎

(Note)
1. The list above does not represent all of the expertise and experience that each member possesses.
2. Director, Ms. Chiho Takeda had been in office as Outside Audit & Supervisory Board Member of
the Company for three years before taking office as Director.
3. Audit & Supervisory Board Member, Mr. Shigeru Nishida had been in office as Director of the Company for
four years before taking office as Audit & Supervisory Board Member.

Remuneration paid to officers（2023/3）
NumberSubtotal by type of remuneration

ofClassification

Total amount of
Base

Performance-linked

Non-monetary

remuneration

remuneration

remuneration8

133,890

16,06433,353

183,307

persons

thousand yen

thousand yen

thousand yen

thousand yen

533,60033,600persons

thousand yen

thousand yen

440,80040,800persons

thousand yen

thousand yen

3

15,60015,600persons

thousand yen

thousand yen

members
paid

remuneration

Directors

Outside Directors

Audit & Supervisory Board Members
Outside Audit &Supervisory
Board Members(Notes)1. The total amount of remuneration includes the amount paid to one Director who retired due to expiration of
the term of office and one Audit & Supervisory Board Member who resigned from office at the conclusion of
the 99th Annual General Meeting of Shareholders held on June 21, 2022.
2. In addition to the above, employee salaries of 18,223 thousand yen are paid to Directors who concurrently
serve as employees.

Outside directors
Designationas
Name

Occupation/affiliation, etc.

Reasons for Appointment
Independent
Director
Reason for appointment as an Outside Director:
to utilize his highly specialized expertise anddiverse range of insights, gained from many yearsof experience as a certified public accountant, inthe management of the Company.

Takashi Yoshida

CPA

Reason for designation as an Independent○

Director: because there is no risk of a conflict ofinterest in view of the relationships between the
Company on one side, and Mr. Takashi Yoshida
and the companies and other organizations hebelongs to on the other.
Reason for appointment as an Outside Director:
From another company
to utilize his many years of experience as a
Masao Nomura

corporate manager of a comprehensive energy(Significant concurrent position)
service provider and diverse range of insights in
Member of the Board of Directors, Outside
the management of the Company.

○

Director,

Reason for designation as an Independent

ONO PHARMACEUTICAL CO., LTD.

Director: because there is no risk of a conflict ofinterest in view of the relationships between the
Company on one side, and Mr. Masao Nomura andthe companies and other organizations he belongs
to on the other.
Reason for appointment as an Outside Director:
to utilize his many years of experience as acorporate manager of a transport company andFrom another company

diverse range of insights in the management of
the Company.

Takashi Tsuji(Significant concurrent position)

Reason for designation as an Independent

Outside Director, Matsumoto Yushi-Seiyaku

Director: because there is no risk of a conflict ofCo., Ltd.

interest in view of the relationships between the○

Company on one side, and Mr. Takashi Tsuji andthe companies and other organizations he belongs
to on the other.
Reason for appointment as an Outside Director:
to utilize her abundant experience as a lawyer and
Lawyerdiverse range of insights in the management of
the Company.
(Significant concurrent position)
Reason for designation as an Independent
Chiho Takeda

Outside Director (Member of the Board),○
Director: because there is no risk of a conflict of

NICHIDAI CORPORATION
interest in view of the relationships between theOutside Director, DAIHATSU DIESEL MFG.
Company on one side, and Ms. Chiho Takeda andCO., LTD.
the companies and other organizations she
belongs to on the other.

Outside audit
Attendance at
Audit &
Occupation/affiliation,

Designation

Supervisory

as

Name

Reasons for Appointment
etc.

Board

Independent

meetings in

Auditor

FY2022
Reason for appointment as an Outside Audit & Supervisory
Board Member: to utilize his many years of experience in thecorporate planning department and technical department of aleading electronics manufacturer and diverse range of insights in
Hideharu

From anotherthe management of the Company.
14/14

Nagasawa

company○
Reason for designation as an Independent Auditor: because
there is no risk of a conflict of interest in view of therelationships between the Company on one side, and Mr.
Hideharu Nagasawa and the companies and other organizations
he belongs to on the other.
Reason for appointment as an Outside Audit & Supervisory
Board Member: to utilize his experience in business execution in
the real estate industry and as an auditor, as well as
considerable knowledge of finance and accounting, in the audit

Tax Accountant,
Hideyukiof the Company.
From another

11/11

Kamijo○Reason for designation as an Independent Auditor: because

company
there is no risk of a conflict of interest in view of therelationships between the Company on one side, and Mr.
Hideyuki Kamijo and the companies and other organizations hebelongs to on the other.

Other data
2020/3
Participation rate in Board of Directors meetings（％）
Number of effectiveness assessment of the Board of Directors (times)

2021/32022/32023/3

100

100

100

100

1

1

1

1

Compensation for audit by a certified public accountant, etc.
（million yen, consolidated basis)2022/32023/3

Remuneration based

Category

Remuneration based

Remuneration basedon audit andon non-audit

attestation services

servicesRemuneration basedon audit and attestation
on non-audit services
services

Keihanshin.Co.,Ltd
Consolidated subsidiaries
Total

16.8

-

19.5

0.3

-

-

-

-

16.8

-

19.5

0.3

*:The Company's audit and attestation services include remunerations for auditing English financial statements.
The Company's non-audit services are the procedural services agreed upon for the reduction application
form based on the "Act on Special Measures Concerning Promotion of Electricity from Renewable Energy
Sources."Number of meetings
Name held

2020/32021/32022/32023/3

11

13

11

11

12

12

12

14

President

11

12

11

11

Outside Director

3

4

4

3

Sustainability Committee

President

-

-

11

6

Compliance Committee

Executive Officer in Charge

5

3

4

4

Risk Management Committee

Executive Officer in Charge

4

4

5

5

Board of Directors
Audit & Supervisory Board
Management Meeting
Nomination and Remuneration
Committee

Chairperson
Chairman of the Board
Audit & Supervisory Board
Member (Standing)

The operational status of corporate governance related to climate change（times）
2020/3
Number of times the Sustainability Committee engaged inclimate change monitoring
Number of reported times by the Sustainability Committee tothe Board of Directors
Number of the Sustainability Committee held

2021/32022/32023/3

-

0

0

1

-

1

1

2

-

2

11

6

*:The Sustainability Committee was launched in 2020*:In November 2021, we announced our support for the recommendations of TCFD and have strengthened our
corporate governance related to climate change.

Information security
2020/32021/32022/32023/3

Number of information security training conducted (times)

0

0

0

1

Number of major information security accidents (times)

0

0

0

0

Compliance
2020/3
Number of compliance training conducted (times)
Number of consultations
with In-House Contacts

Number of Harassment
related consultations
Number of other consultations

Political contributions (yen)Expenses for corruption related fines, penalties
or legal settlements (yen)Number of employee reprimands or dismissals due to actualor suspected corruption (times)

2021/3
3

3

3

0

1

0

0

1

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

（million yen)2021/32022/32023/3

Japan

1,942

3,933

2,477

1,737

Total

1,942

3,933

2,477

1,737

*:Total current income taxes and deferred income taxes were counted.

2023/3

2

Tax payments by country
Keihanshin Building Co., Ltd. (Consolidated)
2020/32022/3