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Human Capital Disclosure Assessment

and ST HD Co.,Ltd.

2685TSE Prime · Listed · Checked 2026-10-26Retail Trade2026-02-28

Assessment Scores

Company coverage reference date: 2026-08-31

Overall Score

81.0 / 100
Scores by Assessment Area and Component
Disclosure Governance14.75 / 20
Human Intangible Assets36.25 / 40
Technical Knowledge7.5 / 10
Skills15.0 / 15
Motivation13.75 / 15
Human Capital Investment Flow30.0 / 40

Overall Disclosure Profile

and ST HD Co.,Ltd. applies product knowledge developed through store employees’ styling suggestions and customer service to online sales. On its Staff Board e-commerce platform, employees present coordinated outfits, while customers can follow preferred employees and purchase products.

The company supports these activities through follower-based rewards, content-analysis tools, education, and knowledge sharing by employees with higher sales or follower counts. It continuously discloses participation, follower, and sales-conversion figures. The share of e-commerce sales generated through Staff Board rose from 4.6% in the fiscal year ended February 2019 to 29.7% in February 2026. Customers following at least 1 employee reportedly spend approximately 2.5 times as much annually as non-followers. The disclosure explains employee support, work applying their capabilities, sales performance, aggregation conditions, and customer comparisons. However, pre-existing purchase intent may also affect spending differences, so sales increases attributable solely to this initiative cannot be determined.

Scores by Assessment Item

Scores assess disclosures in the Annual Securities Report. A score of zero does not mean that an initiative is not implemented or that employees lack capability.

Scores for each of the 16 assessment items
Disclosure Governance
G1Disclosure of Basic Quantitative Information1 / 5
G2Governance and Risk Management3.75 / 5
G3Human Capital Strategy and Basic Policy5.0 / 5
G4Clarity of Indicators, Targets, and Explanations5.0 / 5
Human Intangible Assets
Technical Knowledge
T1Technical Knowledge Base3.75 / 5
T2Acquisition and Accumulation of Technical Knowledge3.75 / 5
Skills
S1Alignment between Technical Knowledge and Practical Work5.0 / 5
S2Volume of Use and Application5.0 / 5
S3Continued Use and Expansion5.0 / 5
Motivation
M1Mechanisms Supporting Motivation5.0 / 5
M2Track Record of Operation5.0 / 5
M3Employee State and Change3.75 / 5
Human Capital Investment Flow
F1Logic from Investment to Outcomes7.5 / 10
F2Magnitude of Outcomes10.0 / 10
F3Calculation Basis and Use in Planning5.0 / 10
F4Verification of the Relationship7.5 / 10

Assessment History

2025-03-01 – 2026-02-28 · Latest recorded assessment

No earlier assessments are recorded. Comparability across periods has not been confirmed.

Sources & Assessment Scope

Current Company Information

Current name source · Listing status source

Filing Information

Assessment Scope & Disclaimer

This assessment is based solely on information disclosed in the company's Japanese-language Annual Securities Report filed through EDINET.

It does not assess the human capital initiatives a company actually implements or the company's human capital capabilities themselves.

Items for which no disclosure was identified in the Annual Securities Report receive no points, regardless of whether the company actually implements the relevant initiatives.

This English-language assessment is a translation of the original Japanese assessment and is provided for convenience. In the event of any discrepancy, the Japanese assessment prevails.