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Happinet's Sustainability Site Update

Happinet Co., Ltd., based in Taito City, Tokyo, has recently updated its sustainability initiatives for the fiscal year 2024, as detailed on their Sustainability Site. This update reflects the company’s commitment to responsible business practices and sustainable development.

The newly revamped Happinet Sustainability Site not only outlines the group's material challenges but also highlights various sustainability efforts, focusing particularly on employee activities through special features and an expanded collection of ESG (Environmental, Social, and Governance) data. The site serves as a comprehensive resource for stakeholders to understand Happinet's diverse efforts in enhancing corporate value while contributing to a sustainable society.

Fundamental Policies and Vision

Under the guiding vision of creating “Happiness Networking” by delivering unforgettable entertainment experiences, Happinet emphasizes its role in fostering a sustainable society through its operations. The company's sustainability framework includes the formulation of its sustainability policy, identifying six key material issues, and integrating these concerns into its overall business and management strategies.

The President and CEO, Seiichi Enomoto, shared a message reflecting on the rapidly changing environment. He noted the necessity for Happinet to not only adapt but also to lead with flexibility and agility in today’s business landscape. With sustainability becoming increasingly critical, the company has set long-term objectives to enhance its corporate value while fulfilling its role in creating a more sustainable future.

Major Updates on the Sustainability Site

1. Special Feature Updates
The site's update includes several special features that highlight the sustainability initiatives spearheaded by Happinet employees. Three standout stories are:
- Renewal of Ichikawa Logistics Center: The company is transforming this center into a next-generation logistics hub, emphasizing optimization of business processes and the integration of renewable energy.
- Gachapon® Expanding Happiness in America: Happinet explores how its Gachapon® products are providing enriching experiences across borders, enhancing everyday life.
- Strengthening Corporate Governance through BCP Training: Regular BCP (Business Continuity Planning) training is being conducted to bolster sustainable governance frameworks within the organization.

The term “Gachapon®” is a registered trademark of Bandai Co., Ltd.

2. Expanded ESG Data
Following the previous year’s efforts, Happinet has further expanded the ESG data available on its site. This comprehensive disclosure includes key performance metrics related to environmental impact, social engagement, and governance practices.

Corporate Profile

Founded in June 1969, Happinet Co., Ltd. operates in the entertainment sector with a robust portfolio that includes toys, video games, and multimedia content, consistently achieving top market shares. The company’s headquarters are located at:
- Address: 2-4-5 Komagata, Taito City, Tokyo
- Capital: 2.75 billion yen

The company’s mission centers on enriching people's lives through entertainment and creating a brighter tomorrow. Through these sustainability initiatives, Happinet continues to strive for significant social value contribution, demonstrating that effective business practices can align with a commitment to corporate responsibility.

As they move forward, Happinet plans to further integrate sustainability into its corporate culture and operational strategies, ensuring that all employees understand and participate in these goals. This alignment between corporate growth and sustainable practices stands as a cornerstone of Happinet’s business philosophy, guiding them toward a fulfilling and impactful future.