The Commitment of Top Management

JACCS started out in 1954 as a monthly installment credit service for use at department stores, which issued coupons and advertised for members. The Company's founders were motivated by the desire to "make customers' lives more affluent" and "make society more convenient." The desire of our founders live on in the present-day JACCS Group, and we provide a broad range of payment services in order to contribute to the realization of a future inspired by dreams and an affluent society. Providing safe and secure services that offer a high level of convenience is JACCS' raison d'être, and lies at the core of our business. The efforts of the JACCS Group have become part of the daily lives of its customers and member stores, and we believe that our efforts to support affluent lifestyles contribute to sustainability.

Within its "MOVE 70" three-year medium-term business plan, which was launched in the fiscal year ended March 31, 2023, one of the key policies describing how the Group should look in three years' time is to "promote ESG management." With ESG at its core, by pursuing measures that address—through its business operations—solutions to social and environmental issues and integrate management policies, the Group aims to realize a sustainable society and enhance its corporate value. When implementing these initiatives, we have identified five priority issues (materialities) and enhanced effectiveness by addressing them accordingly. Specifically, regarding social issues, we have continuously worked on identifying human rights risks and responding to human rights due diligence through the establishment of the JACCS Group Human Rights Policy, promoting diversity by continuing to appoint female managers, and advancing health management. Regarding environmental issues, we have progressed various initiatives such as supporting the Task Force on Climate-related Financial Disclosures (TCFD) and, as part of our efforts toward realizing a decarbonized society, becoming the first in the consumer finance industry to conclude a virtual non-fossil certificate transfer agreement (Virtual PPA) for renewable energy electricity. Additionally, we established a Sustainability Committee to strengthen our sustainability management structure. By making it a direct organization under the Board of Directors, we have strengthened supervisory functions and further promoted overall sustainability initiatives.

Looking ahead to the next few years, we believe it will be increasingly important to evolve our sustainability initiatives. In March 2025, the Sustainability Standards Board of Japan (SSBJ) will publish disclosure standards for sustainability-related financial information, requiring sustainability disclosures simultaneously with financial statements, and we need to monitor trends in providing reasonable support for disclosed information. Under these circumstances, in our new three-year medium-term business plan "Do next!" starting in fiscal year 2025, we have positioned "sustainability management" as one of the management foundations supporting growth. Additionally, based on the progress of sustainability initiatives and changes in the environment surrounding the JACCS Group, we have also revised our priority issues (materialities). In our core payment services business, in addition to working to provide services that are closer to our customers, we will steadily implement various measures aligned with the revised materialities, such as further advancing the human capital management that we have been working on, to evolve our initiatives and promote transformation.

JACCS has set a long-term vision of "establishing the top brand as a consumer finance company in Asia." As a foundation for this, sustainability management and the enhancement of non-financial information are essential. We will continue to work on solving social issues through our business activities, aiming to realize a sustainable society and enhance corporate value.

Ryo Murakami
Representative Director and President
April 2025