In preparation for its 100th anniversary in 2026, Toray Group adopted an initiative for “creating opportunities and momentum for challenge- taking” in fiscal 2023. The Group engages mechanisms that encourage employees to focus on creating new value through their work and promotes activities aimed at fostering a dynamic and open corporate culture by creating opportunities for dialogue between employees and the company president.

1. Real Talk – Everyone’s Voice
Since January 2023, the Group has held regular video live stream events called, “Real Talk – Everyone’s Voice,” to provide opportunities for open, two-way communication between the management team and employees. In fiscal 2023, there were a total of six events, including some hosted at plants. The average number of participants each time was 898, with an average participant satisfaction rate of 90%.

2. First Steps Award
As a way to encourage individual employees to take on new challenges, the First Steps Award was launched in fiscal 2023. The Group invited employees to submit examples of workplace challenges that have been undertaken, regardless of scale, completion status, or success level. Submissions were welcomed from individual challenge-takers or their co-workers and did not require any supervisor approval. With 190 submissions received, the response surpassed initial expectations. To ensure review of the submissions by a wide range of employees, the winners were decided by an employee vote, and more than 9,000 votes were cast. The awards were presented at the Toray Employee Forum, which helped to boost employee interest and engagement.
This award program will continue as an annual activity.

3. Toray Employee Forum
The Toray Employee Forum was held in December 2023 to foster a sense of group-wide unity with employees sharing best practices in terms of approaches and activities based on the Toray Philosophy and gaining first-hand exposure to Toray’s core principles and DNA. Under the banner of “Let’s Think About Taking on Challenges Together,” the event featured a conversation between Tadashi Yanai, the Chairman, President & CEO of Uniqlo Co., Ltd., and Mitsuo Ohya, President of Toray Industries, Inc. The presentation ceremony for the First Steps Award was also held at the same event. Through a live web conference covering 16 Toray sites in Japan, including the headquarters and various other offices and plants, 3,112 employees participated in the Toray Employee Forum in real time. Based on feedback received afterward, 90% of participants expressed satisfaction with the forum, while 97% indicated an interest in attending future events. Overall, it proved to be a highly engaging initiative for employees.
Going forward, Toray Group will continue to implement various internal branding initiatives aimed at fostering a dynamic corporate culture with open communication and a pioneering spirit, ensuring that Toray remains a corporate group employees can take pride in.
The next forum is scheduled for November 2024.

• Sixth Real Talk event at the Nagoya site
• Eighth Real Talk event at the Mishima Plant

• Announcement for the First Steps Award program
• First Steps Award winners together with Chairman Nikkaku (far right) and President Ohya (far left)

• Conversation between Uniqlo Chairman Yanai (right) and Toray President Ohya (left) at the Toray Employee Forum
• Toray Employee Forum venue at the Toray Industries, Inc. Head Office

Financial Results Briefings for Employees

Every six months, Toray Industries holds Financial Results Briefings for employees at its business sites and plants, which are hosted by the president and other executives. In addition to questions submitted in advance, the senior managers also answer questions posed at the meeting. These briefings are great opportunities for employees to hear directly from the management team and engage in dialogue with them.

• Financial Results Briefing at the head office in Tokyo
• An employee asks an executive a question at a Financial Results Briefing at the Okazaki Plant

Toray Group employs various internal media such as printed in-house magazines and an intranet to provide information on the Group’s management policies and issues. This helps promote communication that fosters both a sense of belonging among Group employees and a shared understanding of the Toray brand. Messages from the president appear in all of these media. The printed in-house magazine is published in two languages (Japanese and English) to keep employees informed about management and business topics as well as corporate projects.
The Group has launched an intranet called TORAYNAVI in Japanese and English for group companies both in and outside Japan to share timely information.
In fiscal 2023, initiatives such as Real Talk – Everyone’s Voice, First Steps Award, and the Toray Employee Forum were implemented under the banner of “creating opportunities and momentum for challenge-taking.” These initiatives were announced in the in-house newsletter and related information was shared through video streaming on the Group’s intranet. Also, during the Noto Peninsula Earthquake in January 2024, the intranet became the primary means of distributing the latest disaster-related information, and updates on Toray's response efforts were promptly shared group-wide.

Employee Survey

Toray Industries, Inc. regularly conducts an employee attitude survey of Toray Group employees in and outside Japan. The survey is designed to assess employee engagement, motivation, and sense of belonging, and to gauge the level of progress in implementing the long-term vision and medium-term management program. In fiscal 2023, the survey content was revised to capture both expectations and actual experiences, instead of just job satisfaction. The survey frequency was increased from every two years to annually, and the feedback process was accelerated, allowing results to be viewed the day after the survey. Moreover, the system was revised to enable detailed assessments of each organization's and individual's situation, ensuring swift implementation of improvement activities.
The EX Score^®1 metric was adopted for releasing the survey results, and in fiscal 2023 the Group’s score was 64.8. Various initiatives are now being implemented with the aim of improving each year and ultimately exceeding a score of 70. Examples of these initiatives include sharing information on the intranet, holding discussions at each workplace, and sharing successful examples of improvement across the Group.

1. 1 The EX Score^® provides an indicator of organizational health. It measures the gap between each individual's expectations and their actual experiences. The score is maximized when both expectations and actual experiences are high and the gap between them is minimal. EX Score^® is a registered trademark of HRBrain, Inc. which conducted the employee survey for the Group. The average industry score at the time of the fiscal 2023 survey was approximately 70 out of 100. The survey revealed that Toray Group employees had significantly higher expectations than the average, with actual experiences varying by category.

A special characteristic of Toray Group's approach to corporate social responsibility is its “CSR line activities,” an employee participation system that emphasizes putting CSR into practice on the job. Each workplace implements activities suited to its own circumstances, such as holding discussions on CSR issues.

CSR Webinars

Fiscal Year	Topic
2021	Protecting the Global Environment by Tackling River and Ocean Waste
2022	What is the Circular Economy?
2023	What is CSR Procurement?

Activities to Promote Internal Communication

• Winners of a costume contest posing with the General Manager of the Shiga Plant (center) at the plant’s Halloween party (600 participants) (Toray Industries, Inc. Shiga Plant)
• Company sports day, held for the first time in five years [Toray Fibers & Textiles Research Laboratories (China) Co., Ltd.]

• Exhibition of finished product samples at the Shiga Plant and Gifu Plant for employees that manufacture Ultrasuede^™ products (Toray Industries, Inc.)
• Web conference held by the Senior Vice President, Engineering Division (bottom right) to interact with new division employees (Toray Industries, Inc.)

Communicating with Employees’ Families

Toray Group organizes workplace tours for employees and their families to help employees’ families get to know more about Toray. Family Days are also held to further deepen connections with family members.

• Employee family members learning about Toray ABS resin products displayed in a showcase (Toray Industries, Inc. Chiba Plant)
• Touring the Torayvino Production Section (Toray Industries, Inc. Okazaki Plant)

• Visitors getting a view of the entire plant (Toray Industries, Inc. Tokai Plant)
• Approximately 1,800 people attended a Family Day event jointly held for all four Toray Group companies in Mexico (Toray Advanced Textile Mexico, S.A. de C.V., Toray Resin Mexico, S.A. de C.V., Zoltek de Mexico S.A. de C.V., and Toray International de Mexico, S.A. de C.V.)