KOSÉ

Procedures for reviewing and identifying material issues (materiality)

In setting material issues, we analyzed global trend forecasts for 2030 to 2040 and recognized the potential for a significant expansion of what the KOSÉ Group should address and the role it can play with beauty as its core. Inheriting the vision and passion of the company’s founding, we have identified the issues that we need to solve from a long-term perspective with the unwavering determination to continue to maintain our belief in and commitment to the value that we can offer as a company that originates in cosmetics.

We have taken the following steps to identify the important issues the KOSÉ Group should address.
In addition, material issues and medium- to long-term goals will be reviewed on a regular basis.

Social and environmental changes and issues relevant to the KOSÉ Group and identification of material issues

In order to identify material issues (materiality), we identified social and environmental changes and issues surrounding the KOSÉ Group, as well as related opportunity risks, then we conducted a two-pronged evaluation from the perspective of societal expectations and the business (financial) impact on the KOSÉ Group by relevant internal divisions.

Quantitative Evaluation Chart (Materiality Map) for Identifying Material Issues (Materiality)

Material Issues and Themes

After quantitative evaluation is conducted, several items are integrated and identified as material issues (materiality), including issues looking back on the previous, Medium- to Long-term Vision. The major change is the addition and integration of a financial perspective from the material issues identified in 2020.