Itoham Yonekyu Holdings Inc

2296:JP JP3144500000
Key Information
HQ:
Japan
Market Cap:
$1.54bn
Primary Market:
Asia



Company Information

Company Summary

Itoham Yonekyu Holdings is a Japanese producer, dealing primarily in pork, beef and poultry. The company primarily operates in Japan, but sources from oversees too. The company operates its food business through its subsidiary, Itoham Yoekyu Foods, but discloses for the whole value chain through the Holdings Company. The company does not own any of it's production or processing facilities, and instead sources it's proteins and feed.
Itoham Yonekyu Holdings Inc

Revenue

Total revenue:

$7.6bn

Revenue by Geography

Revenue by Protein

Revenue by Product Type

Note: This financial breakdown is based on Annual reports released in 2022, containing, in most cases, FY2021.


Disclosures

CDP ScoresLast Reviewed: 11/10/2023

CDP ClimateCDP ForestsCDP Water
YesNoYes

Science Based Target InitiativeLast Reviewed: 03/10/2023

Target classificationStatusDate
Has not set SBT--

Coller FAIRR Protein Producer Index

Analysis Overview

Index-Radar-2023
Greenhouse Gas Emissions Deforestation & Biodiversity Water Use & Scarcity Waste & Pollution Antibiotics Animal Welfare Working Conditions Food Safety Sustainability Governance Alternative Proteins

Analysis Breakdown

Risk Score

31/100
Medium Risk



Greenhouse Gas Emissions

29/100

Scope 1, 2 & 3 Target
35/100
Type of Target
0.5/3
Strength of Target - Non-SBT
1.25/2
Source(s): Climate Change and Sustainability Report 2022 ANZCO, page 2; Integrated Report 2022, page 3, 29, 45; Itoham Yonekyu Holdings - Forests 2022 English.pdf, page 24; Itoham Yonekyu Holdings CDP Climate Change 2022.pdf, page 20, 22

Innovation on GHG Emission Reduction
20/100
Innovation to Reduce Agriculture Emissions
0/1
Feed Farming Innovation
0/2
Animal Farming Innovation
1/2
Source(s): Initiatives for TCFD Recommendations Webpage; Integrated Report 2022, page 13; Itoham Yonekyu Holdings - Climate Change 2022 English.pdf, page 4; Itoham Yonekyu Holdings - Forests 2022 English.pdf, page 25

Quality of GHG Inventory
50/100
Quality and scope of GHG inventory Completeness
1.5/1.5
Feed & Animal Farming Emissions
0.5/2
Transparency of GHG Inventory
0.5/1.5
Source(s): Climate Change and Sustainability Report 2022 ANZCO, page 17; Initiatives for TCFD Recommendations Webpage; Integrated Report 2022, page 29; Itoham Yonekyu Holdings CDP Climate Change 2022.pdf, page 57

Emissions Performance
5/100
Overall Emission Performance
0.25/5
Source(s): Initiatives for TCFD Recommendations Webpage; Integrated Report 2022, page 29

Climate-related Scenario Analysis
35/100
Climate-related Scenarios Analysis Conducted
1/1
Disclosure of Analysis Results on Material Risks
0.75/3
Disclosure of Financial Material Events & Alignment of CAPEX
0/1
Source(s): Climate Change and Sustainability Report 2022 ANZCO, page 12; Initiatives for TCFD Recommendations Webpage; Integrated Report 2022, page 42; Itoham Yonekyu Holdings CDP Climate Change 2022.pdf, page 11, 12, 16, 17, 19



Deforestation & Biodiversity

100/100


Deforestation/Conversion-free Target - Cattle
100/100
Risk Assessment to Identify High-risk Locations
5/5
Source(s): Itoham Yonekyu Holdings - Forests 2022 English.pdf, page 2, 4, 7, 8, 9, 11, 30, 31



Water Use & Scarcity

23/100

Water Use & Scarcity in Facilities
63/100
Monitoring Water Consumption & Withdrawals
0.75/0.75
Target to Reduce Water Consumption & Withdrawals
0.5/1
Disclosure & Performance of Water Risks in Facilities
1.88/3.25
Source(s): Integrated Report 2022, page 30; Itoham Yonekyu Holdings - Water Security 2022 English.pdf, page 3, 8, 10, 20, 23, 41, 42, 44, 45

Water Use & Scarcity in Feed Farming
5/100
Supplier Engagement in Water Use in Feed Farming
0.25/2.5
Disclosure of Water Risks in Feed Farming
0/2.5
Source(s): Initiatives for TCFD Recommendations Webpage; Integrated Report 2022, page 13; Itoham Yonekyu Holdings - Water Security 2022 English.pdf, page 23; Sustainable Procurement Webpage

Water Use & Scarcity in Animal Farming
0/100
Supplier Engagement in Water Use in Animal Farming
0/3
Disclosure of Water Risks in Animal Farming
0/2
Source(s): Itoham Yonekyu Holdings - Water Security 2022 English.pdf, page 8, 9



Waste & Pollution

8/100

Wastewater at Facilities
25/100
Disclosure & Targets for Wastewater Quality & Volume Discharged
0.5/1.5
Transparency on Water Pollution Risks
0.75/2
Performance on Wastewater Quality & Volume Discharged
0/1.5
Source(s): Integrated Report 2022, page 30; Itoham Yonekyu Holdings - Water Security 2022 English.pdf, page 2, 6, 7, 17, 23

Nutrient Management in Feed Farming
0/100
Supplier Engagement in Nutrient Pollution Risks
0/4
Innovation to Improve Nutrient Management in Feed Farming
0/1
Source(s): Integrated Report 2022, page 14

Manure Management in Animal Farming
0/100
Disclosure of Pollution Risks from Manure
0/1.25
Supplier Engagement in Manure Management
0/1.5
Innovation to Improve Nutrient Management in Animal Farming
0/2.25
Source(s): Integrated Report 2022, page 14



Antibiotics

0/100

Policy on Antibiotics Use
0/100
Policy on Antibiotics Use
0/5
Source(s):

Disclosure of Quantity of Antibiotics Used
0/100
Disclosure of Quantity of Antibiotics Used
0/5
Source(s):



Animal Welfare

16/100

Animal Welfare Policy
20/100
Welfare Policy
1/2
Key Welfare Issues
0/3
Source(s): Animal Welfare Webpage; Raising pigs in a comfortable environment and abundant nutritious feed Webpage; To raise healthy chickens with less stress Webpage

Assurance & Certification
10/100
Auditing & Assurance by an Animal Welfare Organisation
0.5/4
Public Reporting on Welfare
0/1
Source(s): Initiatives overseas Webpage

Performance on Key Material Risks
18/100
Performance on Key Material Welfare Risks by Protein
0.88/5
Source(s): Initiatives at Domestic Slaughterhouses Webpage; Raising pigs in a comfortable environment and abundant nutritious feed Webpage; www.itoham-yonekyu-holdings.com_csr_tabid246.html.pdf



Working Conditions

36/100

Human Rights
40/100
Strength of Policy
1/1
Due Diligence Process
1/3
Evidence of Remediation
0/1
Source(s): Human Rights Webpage

Fair Working Conditions
42/100
Policy for Direct Operations
1.6/3
Monitoring & Discosure
0.5/2
Source(s): Climate Change and Sustainability Report 2022 ANZCO, page 25; Human Rights Webpage; Integrated Report 2022, page 42; Sustainable Procurement Webpage

Safety & Turnover Data
21/100
Committee representation of workers
0.45/2
Disclosure of safety and turnover data
0.6/3
Source(s): ANZCO 2023 Sustainability report, page 28, 31; Climate Change and Sustainability Report 2022 ANZCO, page 25, 37; Integrated Report 2022, page 32

Freedom of Association
42/100
Strength of Policies
0.9/3
Disclosure of Collective Bargaining Metrics
1.2/2
Source(s): ANZCO 2023 Sustainability report, page 29; Climate Change and Sustainability Report 2022 ANZCO; Human Rights Webpage



Food Safety

24/100

Food Safety System
25/100
Certifications
1.25/3.5
Performance
0/1.5
Source(s): Integrated Report 2022, page 9, 17, 18, 22

Product Recalls & Market Bans
23/100
Product Recall Systems
0.13/3
Performance
1/2
Source(s): Integrated Report 2022, page 23



Sustainability Governance

42/100

Assessment of a Company's Sustainability Governance
42/100
Board Sustainability
1.63/2
Incentives & Policy Engagement
0.48/2.5
Innovation & Benchmarking
0/0.5
Source(s): ANZCO 2023 Sustainability report, page 13; Integrated Report 2022, page 22, 25, 38, 39; Itoham Yonekyu Holdings - Climate Change 2022 English.pdf; Itoham Yonekyu Holdings CDP Climate Change 2022.pdf; Notice of the 7th Ordinary General Meeting of Shareholders, page 12



Alternative Proteins

45/100

Diversification of Products to Alternative Protein Sources
45/100
Existing product portfolio
0.25/2.5
Investing for future growth
2/2.5
Source(s): Integrated Report 2022, page 5, 10, 13, 18; Itoham Yonekyu Holdings - Climate Change 2022 English.pdf, page 15

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