Fiscal 2015 Result
As a member of the 1% Club, an organization founded in 1990 by Nippon Keidanren (Japan Business Federation), Toray has pledged to invest about 1% of its consolidated ordinary income into social contribution activities. In fiscal 2015 the Group invested some 1.5 billion yen on a consolidated basis (1.0% of consolidated ordinary income) and some 1 billion yen on a non-consolidated basis (1.5% of non-consolidated ordinary income), to achieve the one percent target. The main beneficiaries were the Toray Science Foundation in Japan and three ASEAN countries (Malaysia, Thailand, and Indonesia), and sponsorship of the Shanghai International Marathon.
The Toray Group has established three key performance indicators (KPIs) in the area of social contribution. The social contribution expenditure, measured as a percentage compared with the average from fiscal 2011 to 2013, was135% in fiscal 2015 and met the target. The number of locations implementing social initiatives was 140 including 21 Toray business sites, 53 group companies in Japan, and 66 group companies outside of Japan. The Group also met or exceeded the following KPI targets: Number of persons reached through educational initiatives (13,600 persons versus a target of 10,000 persons or more), satisfaction rate of participants (97% versus a target of 90% or above), and satisfaction rate of employees involved in educational projects (98% versus a target of 90% or above).
Breakdown of Expenditure in Fiscal 2015