Notice Concerning Support for the Task Force on Climate-Related Financial Disclosures (TCFD) Recommendations

【To whom it may concern】

Tosei Corporation
November 22, 2021

Notice Concerning Support for the Task Force on Climate-Related Financial Disclosures (TCFD) Recommendations

　

Tosei Corporation (“the Company”; Registered Office: Minato-ku, Tokyo; President and CEO: Seiichiro Yamaguchi; Securities code: 8923) has expressed its support for the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations and has joined the TCFD Consortium, which is an organization for supporters in Japan. 

Declaration of Support for the TCFD Recommendations

TCFD is an international initiative started by the Financial Stability Board (FSB) in 2015 in response to a G20 request. TCFD was announced in a final report in June 2017 (“the TCFD recommendations”), which encouraged companies to disclose information on climate-related risks and opportunities. The Company is expressing support for these recommendations.

Joining the TCFD Consortium

The TCFD Consortium was established with the aim of discussing initiatives for companies and financial institutions that support the TCFD recommendations to promote effective corporate information disclosure and to link disclosed information to appropriate investment decisions by financial institutions. Through our participation in the TCFD Consortium, we will strive to gather information on the TCFD recommendations and proceed with appropriate action.　

Future Action

One of the basic policies in the Company’s medium-term management plan “Infinite Potential 2023” is the promotion of ESG management, and we are developing business and management infrastructure in consideration of environmental and social issues as well as disclosing information on initiatives on our website and elsewhere. Going forward, based on the TCFD recommendations, we will analyze impact of the climate-related risks and opportunities for our business and strive to further enhance our information disclosure.

    Corporate Profile of Tosei
    (As of May 31, 2021)

    Company Name
    Tosei Corporation
    https://www.toseicorp.co.jp/english/
    President and CEO
    Seiichiro Yamaguchi
    Address
    Tamachi Tosei Bldg., 4-5-4 Shibaura, Minato-ku, Tokyo
    Capital
    6.6 Billion yen
    Employees
    552(Consolidated) 210(Non-Consolidated)
    Fields of business
    Revitalization; Development; Rental; Fund and Consulting; Property Management；Hotel

    Media Contacts

    Tosei Corporation
    Corporate Management Department

    813-5439-8807

    813-5439-8809

    pr-tosei@toseicorp.co.jp