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. The Group continued to promote these efforts in fiscal 2024.

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 2024, there were a total of three events, including some hosted at plants. The number of participants for each event was 1,156 (9th event), 486 (10th event), and 1,247 (11th event). Except for the 10th event, which was held during working hours, each event saw over 1,000 participants, and participant satisfaction rates exceeded 90% for all events.

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. Entries were welcomed from individual challenge-takers or their co-workers and did not require any supervisor approval. After allowing all employees to review the entries, employee voting was conducted, and awards for the winning entries were presented at the Toray Employee Forum. For the second year of the program in fiscal 2024, there were 134 entries and 9,483 employee votes cast from Toray Group employees. This showed continued strong employee interest and promoted a shared sense of engagement.
This award program will continue as an annual activity.

3. Toray Group Employee Forum
The Toray Employee Forum was held for the first time 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. The second forum took place in November 2024 under the theme of “Let’s think about good jobs that are quintessentially Toray.” Through a live web conference covering 16 Toray sites in Japan, including the headquarters and various other offices and plants, 3,244 employees participated in the Toray Employee Forum in real time. Based on feedback received afterward, 90% of participants expressed satisfaction with the forum, while 92% 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 2025.

• 10th Real Talk Special Edition event (Toray Brand Film Screening & Special Talk)
• 11th Real Talk event (with 13 Toray Plant General Managers)

• First Steps Award winners together with Chairman Akihiro Nikkaku (middle row, fourth from left) and President Mitsuo Ohya (same row, third from right)
• Head Office venue for the Toray Group Employee Forum and remote Toray sites participating virtually

Financial Results Briefings for Employees

Every six months, Toray Industries, Inc. 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
• A meeting to explain financial results at the Shiga Plant, attended by President Ohya and other executives.

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 enhance the understanding and engagement of Group employees concerning 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 2024, initiatives such as Real Talk – Everyone’s Voice, First Steps Award, and the Toray Group Employee Forum were implemented under the banner of “creating opportunities and momentum for challenge-taking.” These initiatives were announced in the in-house magazines and related information was shared through video streaming on the Group’s intranet.

Toray Group's publications
Circulation of Toray Group's publications

Publication	Circulation	Frequency
Japanese edition of People in-house magazine	Around 16,000 copies per issue	Six times per year
English edition of People in-house magazine	Around 3,000 copies per issue	Four times per year
Toray Management magazine for managers	Around 7,000 copies per issue	Four times per year

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

FY	Topic
2021	Protecting the Global Environment by Tackling River and Ocean Waste
2022	What is the Circular Economy?
2023	What is CSR Procurement?
2024	Nature Positive and TNFD Initiatives to Support the Future of Our Business

Activities to Promote Internal Communication

• New employee welcome party co-sponsored by the labor union and Company management (Toray Industries, Inc. Seta Plant)
• Autumn Festival with many events, including a magic show and raffle (Toray Industries, Inc. Ehime Plant)

• A total of 8 teams and approximately 50 staff members participated in a Mölkky (Finnish lawn bowling) tournament [Toray Industries, Inc. Basic Research Center (Kamakura)]
• 10th anniversary event [Toray Kusumgar Advanced Textile Private Limited (India)]

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.

• Science experiment activity during a family day workplace tour (Toray Industries, Inc. Tsuchiura Plant)
• BBQ event held for the first time in five years (Toray Industries, Inc. Nasu Plant)

• Young participants learn about dialysis equipment during a factory tour for the first family day at the Shizuoka Plant (Toray Medical Co., Ltd.)
• Two Toray Group companies hosted a joint employee picnic in Decatur, Alabama [Toray Fluorofibers (America), Inc. and Toray Composite Materials America, Inc.]