Kirin Holdings to Commence Sustainability-Related Financial Disclosures Aligned with SSBJ Standards in Japanese and English Simultaneously from Fiscal Year 2025, First Japanese Company to Do So

Kirin Holdings Company, Limited (President & COO: Takeshi Minakata) announced that it has commenced sustainability-related financial disclosures in Japanese and English simultaneously from fiscal year 2025, becoming the first Japanese company to do so in compliance with the Sustainability Standards Board of Japan (SSBJ) standards*1 in its securities report issued on March 27, 2026*2. Third-party assurance has been obtained for some of the disclosed items. Although the company's disclosure obligation begins in fiscal year 2028, this proactive disclosure aims to accelerate the advancement of CSV*3 management and enhance transparency.

*1 Sustainability disclosure standards in Japan formulated by the Sustainability Standards Board of Japan (SSBJ), established within the Financial Accounting Standards Foundation (FASF).*2 As of March 27, 2026, according to Kirin Holdings' research.*3 Abbreviation for Creating Shared Value, which refers to the creation of value that can be shared with customers and society.

■ Background of Proactive Disclosure

In recent years, the capital markets have seen a rapid increase in interest in sustainability information for corporate value assessment. Following the development of the ISSB Standards*4, international sustainability disclosure standards, in 2023, the SSBJ Standards were developed in March 2025. Companies listed on the Prime Market aiming for constructive dialogue with investors globally are sequentially required to prepare their securities reports in compliance with the SSBJ Standards, depending on their market capitalization.

Since adopting CSV management in 2013, Kirin Holdings has proactively engaged in sustainability-related financial disclosures. This includes early adoption of disclosures based on the TCFD*5 recommendations, spearheaded by its dedicated CSV department, and its natural capital disclosure applying the TNFD*6 LEAP*7 framework, which was recognized as the world's first by the TNFD Secretariat. In February of this year, the company formulated a new long-term management vision for 2035, "Innovate2035!", with the vision of "Becoming a CSV-advanced company that continues to create innovation through the power of people and technology, making the world healthier." To achieve this, the "KIRIN WAY," the Kirin Group's global common values and behavioral guidelines, was established. This proactive disclosure embodies the value of "Pioneering" outlined in the "KIRIN WAY."

*4 IFRS Sustainability Disclosure Standards developed by the International Sustainability Standards Board (ISSB).*5 Abbreviation for The Task Force on Climate-related Financial Disclosures.*6 Abbreviation for Task Force on Nature-related Financial Disclosures. A framework for disclosure aimed at risk management, enabling companies to report and act on risks and opportunities related to nature capital.*7 An abbreviation for "Locate," "Evaluate," "Access," and "Prepare," a process focused on "place" to assess dependencies and impacts on nature capital.

■ Stakeholder Relations

The SSBJ Standards have been confirmed to be aligned with the ISSB Standards, which are international sustainability disclosure standards. Through this proactive disclosure, Kirin Holdings aims to provide shareholders and investors with information that can be internationally compared at an early stage, and to enhance the transparency and reliability of disclosures by visualizing the financial impact of sustainability-related risks and opportunities. To further enhance the reliability of disclosures, third-party assurance has been obtained for some items starting from fiscal year 2025, whereas the obligation for third-party assurance begins the year after the disclosure obligation is mandated.

Furthermore, by demonstrating its stance as a CSV-advanced company both internally and externally through proactive disclosure, Kirin Holdings believes it will lead to improved employee engagement and the acquisition of human resources with a high level of sustainability awareness.

■ Future Plans

Kirin Holdings plans to disclose Scope 3 emissions, which are currently exempt from disclosure in the first year of disclosure, as soon as the fiscal year 2025 results are finalized.

Additionally, in the second year, the company will...