Stakeholders/Initiatives | Sustainability Strategy | Sustainability

Dialogue with Stakeholders
Initiatives and Participation in Industry Groups

Dialogue with Stakeholders

Definition	Expectations and Requests	Major Responses of the Group
Main Stakeholders	Expectations and Requests	Major Responses of the Group
Customers (corporations and individuals)	Supply of valuable products and services Improvement of customer satisfaction in all areas, including quality and cost Supply of environmentally friendly products Provision of accurate and appropriate information concerning products and services	Introduction of online consultation system Provision of the "DLPS" app for subscribers Provision of properties with ZEH-M Oriented certification Administration of sales staff questionnaire Publication of the quarterly magazine "Michika"
Contracting parties and tenants of condominiums and detached houses Users of tenant buildings Users, etc. of various services
Local communities	Prevention of accidents and disasters Collaboration and coordination in solving social issues Securing of employment Participation in social contribution activities	Participation in and sponsorship of local events Holding of community events at managed properties Implementation of social contribution activities Regional revitalization through rebuilding and redevelopment business
Local communities, residents, local governments, etc. related to MIRARTH HOLDINGS Group's business
Trading partners	Fair and evenhanded transactions Information sharing and collaboration to achieve customer satisfaction and sustainable procurement.	Fair and evenhanded transactions Collaboration and coordination in operations
Construction contractors Business operators etc. related to the provision of various services
Employees	Creation of prosperous lives for employees and their families Human resource utilization and development Appropriate evaluation and compensation Respect for human rights, personality, and individuality Creation of workplaces in which diverse personnel can thrive Attention to occupational health and safety	Implementation of training programs Implementation of human resource and evaluation interviews Operation of help line desks Introduction of a Telework System Promotion of staggered commuting times and reduced working hours Establishment of a Health Committee Promotion of office reform (introduction of ABW)
MIRARTH HOLDINGS Group employees and their families
Shareholders and investors	Maintenance and improvement of corporate value Securing stable profits and appropriate returns Enhancement of corporate governance system Creation of risk management systems Appropriate disclosure of corporate information at appropriate time	Holding financial results briefings and general meetings of shareholders Holding meetings with domestic and overseas institutional investors Holding company-introductory sessions and participating in IR fairs Disclosing IR information on the website Obtaining external certification
Individual and institutional investors

Initiatives and Participation in Industry Groups

Signing the UN Global Compact

In 2020, Takara Leben (currently MIRARTH HOLDINGS) signed and registered as a participating company in the United Nations Global Compact^* proposed by the United Nations. We will continue our efforts to realize the ten principles of the United Nations Global Compact, which comprise the four areas of human rights, labor, environment, and anti-corruption.

* The United Nations Global Compact was proposed by then UN Secretary-General Kofi Annan in 1999 at the World Economic Forum in Davos and was launched in 2000.

SBTs (Science Based Targets) Certification Achieved

Our group has revised its greenhouse gas (GHG) emission reduction targets in March 2024, in accordance with the Science Based Targets initiative (SBTi), an international climate change initiative. ^* We have obtained SBT (Science Based Targets) certification.

This certification confirms that our mid- to long-term reduction targets align with climate science and meet the Paris Agreement’s goal of "holding the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5°C."

* Science Based Targets (SBTs): Greenhouse gas (GHG) emissions reduction targets set by companies for a 5- to 10-year timeframe, in line with the Paris Agreement’s goal of limiting the global temperature rise to well below 2°C above pre-industrial levels and pursuing efforts to limit it to 1.5°C.

Endorsement of TCFD Recommendations

Our company and MIRARTH Real Estate Advisory have expressed support for the recommendations of the TCFD (Task Force on Climate-related Financial Disclosures^{) established} by the Financial Stability Board (Information Disclosure FSB), and the TCFD Consortium (now GX Future Consortium) ^*I participated in section 2.
Starting with our current endorsement in June 2022, we have been analyzing and responding to the risks and opportunities that climate change poses to our business as a MIRARTH HOLDINGS group, and strengthening and enhancing Information Disclosure on climate-related issues aligned with the TCFD recommendations on "governance," "strategy," "risk management," and "indicators and targets."

*1 TCFD (Task Force on Climate-related Financial Disclosures): An international initiative established by the Financial Stability Board (FSB) at the request of the G20 to examine how climate-related disclosures and financial institutions should be addressed, recommendations for companies and others to disclose their "governance," "strategy," "risk management," and "indicators and targets" related to climate change-related risks and opportunities.
TCFD Website
*2 TCFD Consortium (now GX Future Consortium): A private-sector-led organization established in 2019 to discuss effective corporate Information Disclosure and efforts to connect disclosed information to appropriate investment decisions by financial institutions and others.
TCFD Consortium Website

Response to CDP

MIRATH Real Estate Investment Corporation, for which our company and MIRARTH Real Estate Advisory are entrusted with asset management, responded to a survey conducted by CDP ^*, an international environmental NGO. In the 2025 Climate Change Questionnaire, both companies achieved a B score, indicating the management level at which companies recognize their impact on climate change and take concrete management and action.

* CDP: An international non-profit organization (NGO) that works in environmental fields such as climate change. It requests responses to environmental questionnaires from major companies and local governments around the world, compiles the results, and analyzes and evaluates them using common standards.

GRESB

MIRRART Real Estate Investment Corporation, for which MIRARTH Real Estate Advisory manages its assets, received a '1-star' rating on a five-point scale based on the global overall score in the GRESB ^* Real Estate Evaluation conducted in fiscal year 2025.

Furthermore, for the seventh consecutive year, we have received the "Green Star" rating, which indicates our outstanding participation in both the "Management Component," which evaluates our policies and organizational structure for promoting ESG, and the "Performance Component," which evaluates the environmental performance of our properties and our acquisition of tenants.

In addition, the company's ESG information disclosure efforts were highly evaluated in the GRESB disclosure evaluation, which measures the level of ESG information disclosure, and received the highest rating of “Level A.”

* GRESB: The name of the annual benchmark assessment that measures the environmental, social and governance (ESG) considerations of real estate companies and funds and the organization that administers the assessment. It was established in 2009 by a group of major European pension funds that led the Principles for Responsible Investment (PRI).

Signing the Principles for Financial Action for the 21st Century

MIRARTH Real Estate Advisory endorses the concept of the Principles for Financial Action Toward a Sustainable Society (the Principles for Financial Action for the 21st Century) and signed on to them in March 2022.

The Principles for Financial Action for the 21st Century were formulated in October 2011 by the Japanese Environmental Financial Action Principles Drafting Committee, a broad range of financial institutions, based on the recommendations of the Central Environmental Council of the Ministry of the Environment, as action guidelines for financial institutions to fulfill their responsibilities and roles necessary for the creation of a sustainable society.

The company aims to implement initiatives based on the seven principles set forth by the Principles for Financial Action for the 21st Century to help create a sustainable society.

Signing the Principles for Financial Action for the 21st Century

Participation in the Japan Climate Initiative (JCI)

In March 2022, MIRARTH Real Estate Advisory joined the Japan Climate Initiative (JCI) to endorse its declaration, “Japan's participation at the forefront of the global effort to decarbonize.”

JCI was established in July 2018 as a network of Japanese companies, local governments, organizations, and NGOs that are actively working to combat climate change in order to achieve the decarbonized society envisioned by the Paris Agreement.

The company is committed to working with JCI's stakeholders to strengthen the efforts to achieve a decarbonized society.

Participation in the Japan Climate Initiative (JCI)

Participation in industry associations

Member of the Real Estate Companies Association of Japan (a general incorporated association)
Member of National Housing Industry Association (a general incorporated association)
Member of Metropolitan Area Real Estate Fair Trade Council (a local public corporation)

Stakeholder & Initiatives​