The medium-term management plan of veru inc Holdings <6183>.
3. Efforts on Human Capital Strategy and Sustainability.
The company actively pursues a medium-term management plan while also addressing human capital strategies and sustainability. The human capital strategy views human resources as 'capital' and aims to maximize their value, contributing to the long-term enhancement of corporate value. Additionally, sustainability involves efforts aimed at achieving a sustainable future by balancing the resolution of social issues and corporate growth.
As part of the human capital strategy, the company is making active investments in human capital relating to 'people' and the 'environment' to sustainably develop, aiming to create a company where 'professionals' gather and find their work rewarding. Since the company's business is people-centric, it is a policy to invest time and funds in developing employees. Furthermore, under sustainability, esg and business growth are key themes, and the company is steadily working towards its 2025 goals. Specifically, with the theme of addressing climate change, the goals include reducing greenhouse gas emissions by 30% compared to 2019, increasing training investments by 10% from the current level to 0.33% of sales, achieving a female executive ratio of over 10%, a female managerial ratio of over 20%, and improving corporate value through the promotion of comprehensive risk management.
As an achievement of the company's efforts towards esg for the mid-term in the fiscal year ending in February 2025, it can be mentioned that it was first selected as a constituent of the MSCI Japan Stock esg Select Leaders Index announced by GPIF (Government Pension Investment Fund) in March 2024 and received the 'Prime' rating by ISS esg, one of the leading esg evaluation agencies in the USA, in April 2024. Moving forward, the company aims to position its esg efforts as an important element of its growth strategy, linking contributions to society with the growth of the company group through these practices.
The various esg initiatives at the company are expected to lead to improved retention and strengthened recruitment capabilities, not only assisting in times of labor shortages but also enhancing the company's social evaluation and corporate brand, resulting in further profit expansion. In recent years, there has been an increase in esg investments that analyze companies from an esg perspective, particularly in europe, and similarly, this is rapidly expanding in our country as well, indicating significant room for growth in the future. In this context, heightened attention on the company, which actively addresses social issues, is anticipated.
(Written by FISCO guest analyst Nozomi Kokushige).