Material Issues for Management
Priorities for Sustainable Value Creation
The Toray Group has defined the priorities that management must address — its material issues for management — in order to drive the fulfillment of its Long-Term Management Strategy, TORAY Challenges 2035, and remain an enterprise society needs, even as uncertainty in the business environment increases. The material issues are not confined to the conventional CSR framework; they serve as criteria that span business strategy, investment decisions, and efforts to strengthen our management foundation.
Material Issue for Management 1: Creating Value by Translating Social Issues and the Uncertain Business Environment into Opportunities
Uncertainty in the business environment continues to rise, driven by increasingly severe environmental and resource constraints, tighter regulations, technological innovation, and geopolitical change. Rather than viewing these changes solely as risks, the Toray Group sees them as growth opportunities originating from social challenges and market needs and will harness them to create new value. By implementing our high-added-value strategy and creating next-generation businesses, we aim to achieve both capital efficiency and sustainable growth.
Our Approach
- Focusing on growth business areas such as environment and energy, semiconductors, space and defense, mobility, health and longevity
- Creating next-generation businesses originating from social challenges and market needs, and driving high-added-value creation
- Improving capital efficiency with a focus on ROIC
Material Issue for Management 2: Building Trust and Resilience
With geopolitical risks increasing, supply chains becoming less stable, and society’s expectations regarding the environment and human rights growing, improving the resilience of our business foundation and building trust with society have become more important than ever. By enhancing governance and risk management, the Toray Group aims to consistently fulfill its responsibilities for safety, quality, and reliable supply.
Our Approach
- Responding to geopolitical risks and strengthening supply chain resilience
- Strengthening governance and risk management
- Addressing social challenges in areas such as the environment, human rights, and sustainability
- Ensuring quality, safety, and business continuity
Material Issue for Management 3: Enhancing Corporate Foundation and Organizational Capabilities
To lay the foundation for medium- to long-term growth, the Toray Group is strengthening its organizational capabilities to respond to change by promoting digital transformation, advancing its human resource strategy, and fostering ways of working that respect human rights. By empowering a diverse workforce and improving productivity, we aim to build a corporate foundation for sustained value creation.
Our Approach
- Promoting digital transformation and improving productivity
- Respecting human rights and diversity, and advancing human resource strategy and work style reform
- Strengthening organizational capabilities and adaptability to change
Alignment with Management Strategy and Business Strategy
We address these three material issues for management together with the Long-Term Management Strategy, TORAY Challenges 2035, the Medium-Term Management Program, IGNITION 2028, and individual business strategies and management measures. They are core concepts that support both our efforts to solve social issues through our businesses and to enhance corporate value.