Material Issues

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LIXIL has identified material issues that we, our stakeholders, and society in general consider to be of the highest importance for improving our company’s sustainable growth and corporate value for driving progress on sustainable development . We are working to resolve these issues through our business activities while monitoring the progress against our goals.

Material Issues Selection Process

LIXIL’s material issues are determined by selecting and evaluating issues from both a risk and opportunity perspective using the following processes, taking into consideration LIXIL Purpose, Medium-Term Management plan, Corporate Responsibility strategy, value creation processes and other business strategies, stakeholder needs and expectations as well as current social circumstances and issues. We review these material issues to accommodate any changes in LIXIL’s immediate environment or society at large.
In FYE2021, we reviewed the material issues identified in FYE2016, and specified 20 new material issues based on the determination process below.

Material Issues Selection Process

We categorized the issues into the following priority levels in terms of the degree of risk as weighted by ESG evaluation organizations and the impact on LIXIL, our stakeholders, and society at large.

Priority :
Areas in which LIXIL is able to proactively exploit its unique strengths to greatly help solve issues and have a significant positive impact on stakeholders and society.
Areas where initiatives should be strengthened in view of stakeholder needs.

High:
Areas that should be addressed from the perspective of responding to stakeholder needs and appropriately managing risks to ensure business continuity.

Medium:
Areas requested by stakeholders and that should be appropriately addressed as the basis for our business activities.

Material Issues

LIXIL’s Material Issues

Material Issues defined in March 2016 can be found in

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