The Strategy for Sustainable Growth Value Creation Process of the Taisei Group
Recognizing social issues through stakeholder requests and expectations and solving them through business activities are the starting points for the Company’s value creation. Under the Taisei Group Philosophy, the Taisei Group strives to create value by optimally allocating its owned various management capital and leveraging the Group’s business model to refine its capital. Through this cycle, we aim to realize the Taisei Group Philosophy and to achieve sustainable development together with society.
Increase in Management Capital Solving Social Issues
Management Capital Awareness of the Business Environment
The figures shown as below are actual values for FY2018 or the end Climate change problem of FY2018. • • Expansion of energy demand Human capital Worldwide • Spread of new coronavirus infections • Promotion of diversity and inclusion • Widening disparities such as hunger and poverty • Number of employees*1 14,433 persons • Aging society Intellectual capital Domestic • Infrastructure obsolescence Promotion of open innovation • Shortage of workers due to a decrease in the • working-age population • R&D investment*1 ¥12.4 billion
Population growth Overseas • Manufacturing capital • Global supply chain disrupted by rising protectionism • Promotion of labor-saving and unmanned construction methods by introducing ICT • Number of worksites 633 (including 23 overseas locations) *2 Growth Strategies of the Taisei Group Social capital Medium-term Business Plan (FY2018 – FY2020) • Enhancement of information disclosure to investors Important ESG Tasks for the Taisei Group • Promotion of CSR procurement in p.27 cooperation with suppliers (Materiality) Providing the optimal solutions for customers • Environment ● Realization of a sustainable and environmentally friendly society
Ensuring quality and improving technology Natural capital ● ● Technical development for realizing a sustainable society • Total energy consumption*1 5.76 109MJ ● Promotion of supply chain management • Fossil fuel consumption*1 105.0 103KL Social ● Thorough management of occupational health and safety Use of main building materials 6,540 103t • ● Cultivation of technical staff and securing human resources ● Realization of an attractive working environment that is good to work in Financial capital Total net assets*1 ¥722.3 billion • Governance ● Promotion of compliance • Interest-bearing debt*1 ¥217.4 billion • Cash and cash equivalents*1 ¥437.5 billion p.11 *1 Consolidated *2 Number of worksites as of April 1, 2019 Communication with Stakeholders
Shareholders / Local Customers Investors Suppliers Employees communities
9 TAISEI ANNUAL REPORT 2020 About the Taisei Group Strategy for Sustainable Growth ESG Section Business Section Explanation and Analysis of Data Section Value Creation Process of Business Results The Taisei Group
Objectives to be pursued by the Taisei Group To Create a Vibrant Environment for All Members of Society
Providing Value to Society Contributing to solving global challenges facing Business Model Sustainable Development Goals (SDGs) Specific social challenges, such as SDGs and the Paris Agreement have been set out as global common goals to be achieved. The Taisei Group will contribute to realization of a sustainable and better world to resolve these challenges. alue ain ra e , eno a ion plannin , Expansion of Corporate Value an an e oli ion e elop en Identify key performance indicators (KPIs) e aisei ou s associated with materiality