Financial Results
Briefing for FY2021
The 98th period(Apr. 1st, 2021 - Mar. 31st, 2022)

May 11th, 2022

Table of Contents

１．Financial Results for FY2021
２．Full Year Forecast for FY2022
３．Mid-term Management Plan ”OCEAN-22”

４．Sustainability Management
Caution in handling this document
Future forecasts, including this document, were judged according to the current information. Actual financial
results might be considerably different from the forecast mentioned here depending on the Japanese orinternational economic situation, business trends related to our company, and any risk or indefinite factors
involved in fluctuation of exchange rates.

2/42

Changes in the Business Environment and Future Issues
Gaining a solid foothold GLOCALly by preventing being infected and maintaining
employment and our production system as a top priority■Risk measure・Covid-19 infection spread
・Production fluctuations due to insufficient supply of semiconductors
and parts, steep rise in raw material prices, and stagnation in logistics
・Earthquake off the coast of Fukushima, cyber attack, Ukraine crisis,
and impact of the depreciation of the yen■Our efforts in Covid-19 pandemic
・Improvement, cost/fixed cost reduction
・Use of employment adjustment subsidy

・Preventing infection of employees
and their family
・Maintaining supply chain■Future issues
・Prolonged risk
・Securing human resources and preparation of system for sudden
production fluctuation and recovery production
3/42

1-1 FY2021 Consolidated Results
Despite the impact of production fluctuations, record highest profits
were achieved for the full year due to an improved earnings structureand sales volume increase.
（100 million yen,％）FY2020Q4 Result

FY2021

Full year
ResultQ4 Result

YoY rate

Full year
ResultQ4 Result

Full year Result

Gain&Loss%Change

Gain&Loss%Change

1,644

+20

＋4.8

+140

＋9.4

107

△10

△25.9

+17

＋19.9

6.5%

△2.8P

－

+0.5P

－

146

△7

△14.4

+33

＋30.3

8.9%

△2.3P

－

+1.4P

－

98

△13

△35.4

+18

＋22.8

Sales

423

1,504

444

Operating Income

40

89

29

9.5%

6.0%

6.7%

53

112

45

12.6%

7.5%

10.3%

Net income for the year attributable toowners of the parent

37

79

24

Ratio of net income to sales(%)

8.8%

5.3%

5.4%

6.0%

△3.4P

－

+0.7P

－

Average exchange rate (US dollars)

104.7円

105.4円

115.4円

112.1円+10.7円

－

+6.7円

－

Operating Income Ratio

Ordinary Income
Ordinary Income Ratio

RecordHigh

RecordHigh

RecordHigh※Revenue recognition accounting standards have been applied since FY2021. The amount of impact on sales (included figures) is as follows. The impact on profits is minor.
Sales will be decreased by 4.5 billion yen due to the offset display of sales of customer-received products and cost of sales, and increased by 1 billion yen
due to the collective recognition of mold cost collection.

4/42

1-2 Causes of Fluctuation in Consolidated Net Sales
Increased sales volume by following customer production fluctuations
unit: 100 millon yen
Exchange
Exchange
conversion

Increased

gain

+9

1,644

+60

sales volume

1,504

Applying
Revenue recognition
accounting standards△35

FY2020

Official
quotation
Selling priceof steel

△20

△２

+129

Sales ＋14 billion yen

FY2021
5/42

1-3 Causes of Fluctuation in Consolidated Operating Income
Record profits were achieved by sales recovery and cost improvement
unit: 100 millon yen
Exchange
gain

Cost

89

Selling price△20

improvement

Increased
Depreciation(excl. dies)

Increasedsales volume

Increasedlabor cost

△16
△14

Increased
Expenses△11

FY2020

+9

107

+27

Material
price

+50

△7

Operating Income ＋１ .7billion yen

FY2021

6/42

1-4 Consolidated Business Segments
Sales and profits increased for stamping & molding and valves
Sales

Stamping & Molding

Operating Income

FY2020

FY2021ResultForecast

Gain&Loss

1,045

1,142

+97

(The impact of application ofrevenue recognition)※１

YoY rate

FY2020

FY2021%Change

ResultForecast

Gain&Loss%Change

+9.4

39

49

+10

+25.8

(The impact of application ofrevenue recognition)

457

499
※２

YoY rate

3.7%

4.3%

+0.6P

49

58

+8

10.9%

11.7%

+0.8P

(△35)

Operating Income Ratio

Valves（100 million yen,％）

+42

+9.3

+16.6

(0)

Operating Income Ratio*１ Revenue recognition accounting standards have been applied since FY2021. The amount of impact on sales (included figures) is as above.
Sales decreased by 4.5 billion yen due to the offset display of sales of customer-received products and cost of sales, and increased by 1 billion yen
due to the collective recognition of mold cost collection. The impact on profits is minor.
*２ The amount of impact on sales (included figures) is as above. The impact on profits is minor.

7/42

1-5 Consolidated Regional Segment
Japan : Sales decreased and profits increased(sales actually up excl. the effect of revenue recognition )Europe/America : Sales increased and profits decreased,
Asia : Sales and profits increased（100 million yen,％）

Sales

Operating Income

FY2020

FY2021ResultForecast

Gain&Loss

702

687

△15

Japan

※１

(The impact of application ofrevenue recognition)

YoY rate

FY2020

FY2021%Change

ResultForecast

Gain&Loss%Change

△2.2

51

61

+9

+18.8

7.4%

8.9%

+1.5P

15

13

△1

3.0%

2.2%

△0.8P

18

31

+12

6.8%

9.2%

+2.4P

(△35)

Operating Income Ratio

Europe & America

523

612

+89

+17.0

Operating Income Ratio

Asia
Operating Income Ratio

277

YoY rate

344

+66

+24.0

△12.2

+66.7

*１ Revenue recognition accounting standards have been applied since FY2021. The amount of impact on sales (included figures) is as above.
The impact on profits is minor.

8/42

1-6 Quarterly Consolidated Financial Results
Sales and profits declined in the second quarter of 2021 due to theimpact of reduction in production, recovering in the second half
Sales
Sharp
decline insales
due toRapid(100 mllion yen)

Sales up
Sales down

recoverydue tohighest in

recovery fromQ2

production cut

Steadydue toProduction

customerproduction

by COVID19

COVID19

Operating Income

cuts inAug.& Sep.

409

432

423

Production
cut indue toOct. andproduction

Nov.,

recovery inrecoveringvariousin Dec.

region416

415

Sales up

Sharp

Rapid

decline inrecovery

profits

Recorddue tohigh

COVID19

as Q2

444

in Q3/Q4 due to thesales volume
recovery and profit

41(100 mllion yen)

HighestHighest ever

40

ever
in Q1

ProfitProfit increased due todue todecreased

production recovery, but

the profit

due tovarious expenses

improvedecreaseincurred due toment

in salesproduction fluctuations

33

31

27

29

368
16
238

△22
20/1Q

20/2Q

20/3Q

20/4Q

21/1Q

21/2Q

21/3Q

21/4Q

20/1Q

20/2Q

20/3Q

20/4Q

21/1Q

21/2Q

21/3Q

21/4Q

9/42

１．Financial Results for FY2021
２．Full Year Forecast for FY2022

３．Mid-term Management Plan ”OCEAN-22”
４．Sustainability Management
10/42

2-1 FY2022 Consolidated Financial Forecast
Gradual recovery in production will be expected from the first to the second half,
although there are many uncertainties.
（100 million yen,％）

FY 2022

FY 2021※２

YoY rate

Full Year

2Q Total

Full Year

2Q Total

Full Year

2Q Total

Full Year

ResultResultForecast

Forecast

Gain&Loss%Change

Gain&Loss%Change

1,780

+120

15.4%

+135

8.2%

△10.4%

+17

16.2%

－

+0.5P

－

△13.8%

△6

△4.2%

※１

Sales

784

1,644

905

Operating Income

50

107

45

125

△5

Operating Income Ratio

6.4%

6.5%

5.0%

7.0%

△1.4P

Ordinary Income

57

146

50

140

△7

Ordinary Income Ratio

7.4%

8.9%

5.5%

7.9%

△1.9P

Current Net Income

43

98

35

100

△8

－
△20.1%

△1.0P
+1

－
2.0%

ＲＯＥ

－

8.1%

－

7.5%

－

－

△0.6P

－

ＲＯＡ(Operating income basis）

－

4.6%

－

5.0%

－

－

+0.4P

－

Net Assts per Share－

2,138円－2,254円

－

－

+116円

5.4%

109.9円

112.1円

120.0円

120.0円

10.1円

－

7.9円

－

Average exchange rate (US dollars)※１ Compared to FY2021, sales will be expected decrease 9.6 billion since FY2022 3Q due to increasing of customer-received products for stamping materials.
※２ Current Net income is Profit attributable to owners of parent

11/42

2-2 Causes of Fluctuation in Full Year Consolidated Sales

Sales up due to sales volume increase, although apparent decrease byincreasing of customer-received stamping material
unit: 100 millon yen

Increase
Exchange

Customer

1,644

received

Increased

stampingsales volume

material△96

Selling priceconversion

Official

Exchangequotation

gainof steel

+8

1,780

+31

+52

+170

△30

FY2021

Sales ＋13.5 billion yen

FY2022
forecast

12/42

2-3 Causes of Fluctuation in Full Year Consolidated Operating Income

Profits are expected to increase due to sales recovery and continuous cost improvement.
unit: 100 millon yen
Exchange

Cost

Selling

107

Price

improvement
Increased
Depreciation△30(excl. dies)

Increased

Material

Increased

Costlabor cost

△8
△13

FY2021△8

sales volume

gain

+8

125

+25

Increased

Expenses+50△7

Operating Income ＋１.7 Billion yen

FY2022
forecast

13/42

2-4 Full Year Consolidated Business Segments
Sales and profits are expected to increase for stamping & molding and valves（100 million yen,％）Sales
FY2021

FY2022

ResultForecast

Gain&Loss

1,142

1,227

+84

(△35)

(△131)(△96)

Stamping & Molding(The impact of application ofrevenue recognition)

Operating Income※１

YoY Rate

FY2021

FY2022%Change

ResultForecast

Gain&Loss%Change

+7.4

49

66

+16

+34.1

4.3%

5.4%

+1.1P

58

59

+0

11.7%

10.7%

△1.0P

Operating Income Ratio

Valves(The impact of application ofrevenue recognition)

499

550

+50

(0)

(0)

（0）

※２

Operating Income Ratio+10.0

YoY Rate+1.2*１ Revenue recognition accounting standards have been applied since FY2021. The amount of impact on sales (included figures) is as above.
FY2021 : Sales is expected to increase by 1 billion yen due to the collective recognition of mold cost collection, and decrease by 4.5 billion yen
due to the offset display of sales and its cost for customer-received material. The impact on profits is minor.
FY2022 : Sales is expected to decrease by 13.1 billion yen due to the offset display of sales and its cost for customer-received material.
The impact on profits is minor.
*２ The impact on sales and profits is minor.

14/42

2-5

Full Year in Consolidated Regional Segment

Sales and profits are expected to increase in Japan, Europe and Asia.
（100 million yen,％）Sales
FY2021

FY2022

ResultForecast

Gain&Loss%Change

687

698

+10

+1.5

(△35)

(△131)

(△96)

Japan
(The impact of application ofrevenue recognition)

Operating Income※１

YoY Rate

Operating Income Ratio

Europe & America

612

652

+39

+6.4

Operating Income Ratio

Asia
Operating Income Ratio

344

430

+85

+24.8

FY2021

FY2022

YoY Rate

ResultForecast

Gain&Loss%Change

61

64

+2

+4.1

8.9%

9.2%

+0.3P

13

19

+5

2.2%

2.9%

+0.7P

31

37

+5

9.2%

8.6%

△0.6P

+38.1

+16.8

*１ Revenue recognition accounting standards have been applied since FY2021. The amount of impact on sales (included figures) is as above.
FY2021 : Sales is expected to increase by 1 billion yen due to the collective recognition of mold cost collection, and decrease by 4.5 billion yen
due to the offset display of sales and its cost for customer-received material. The impact on profits is minor.
FY2022 : Sales is expected to decrease by 13.1 billion yen due to the offset display of sales and its cost for customer-received material.
The impact on profits is minor.

15/42

2-6

Consolidated Capital Investment and Depreciation

Investments for future growth in FY2022
Depreciation

Capital Investment（100 million yen）

（100 million yen）

300

43
220
Asia

Europe&America

48

235
48

21
49

162

18

59

181
27

61

209

164
Japan

112

'18

84
'19

'20

142

146

25

23

33

38

77

84

85

92

'18

'19

'20

'21

127

35

24
26

119

'21

Forecast'22（予）

165
26
46

179
26
52

102

Forecast'22(予)

16/42

2-7 Consolidated Cash Flows
Implement efficient fund management by strengthening cash management within the Pacific group
Free cash flow +1.1Billion yen

Free cash flow △4.9 Billion yen

Operating activities +183
Other

(Incl.

debts
andactivities

IncomeIntangible

liabilities△172

Beforeassets)Taxes
andMinority

IncomeBeforeAquisition

IncomeFinancing

of

Taxes

Noncurrent activities
Assets etc.

Interests（100 million yen）
Investing

Investinggoodwill

Income280

Deprecition

Operating activities +225

Deprecition

Other(Incl.

debts

goodwillandIntangible

liabilities

assets)activities△274

Aquisition
of

and

△40

266

Increase

Minority

Noncurrent Financing

Interests

Assets etc.

borrowings・Deposit
Balancedividend

Exchange

payment

Conversion

etc.

etc.

activities△21
Payment

Depositborrowings

Balanceanddividenddebt

balance

Deposit
Balanceetc.

interestbearing196

End of Mar. 2021

66.2 Billion yen

End of Mar. 2022(△4.1 Billion yen)

62.1 Billion yen

End of Mar. 2023(+0.6 Billion yen)forecast

62.7 Billion yen

17/42

2-8 Return to Stockholders： Dividend
Dividends increased in FY 2021 with increased profits, and stabledividends will continue in FY 2022.

18/42

2-9 Shareholder returns : Share Repurchases
Established a 1 billion yen stock repurchase limit andcontinued to emphasize capital efficiency in management.

Total amount：1 billion yen （max）

Number of shares ：1.3 million shares (max）Method：Buying on the open market

Period：May 2nd - August 31st, 2022

19/42

１．Financial Results for FY2021
２．Full Year Forecast for FY2022

３．Mid-term Management Plan ”OCEAN-22”
４．Sustainability Management
20/42

3-1 Management Environment surrounding us
Sustainability
Management

Social Issues

Brand Slogan

Passion in Creating Tomorrow

External Environment
A revolution once in 100 years
Covid-19 Spreading
Ukraine crisis
Cyber terrorism

Climate change
Carbon Neutrality

Respecting human resources and their active participation
Fostering trust with stakeholders
Minimization of Environmental Load

Steep rise in raw material prices

New Business

Solving social and customer issues through products

ValvesEV
Weight saving
DX Promotion

Exchange rate fluctuations

Mid-Term Management Plan
“OCEAN-22”
Stamping & Molding

Market Trends

Supply chain

PACIFIC GLOCALVISIONPACIFIC Environmental Challenge 2050

ESG

PACIFIC VALUES”Dreams & Challenges ” Trust & Respect”
21/42

3-2 Weave “OCEAN-22”as a Warp, “SDG Activities” as a Weft

OCEAN-22

SDGs・ESG activities
Fostering trust with stakeholders

Business activities

Solving social and customer
issues through products

Stamping &Molding
Product
BusinessNew
Valve
Product ProductBusiness Business

Minimizing environmental load
2030 target: 35% reduction in CO2 emissions

Respecting human resources andtheir active participation

PACIFIC VALUES “Dreams & Challenges” ”Trust & Respect”“

PACIFIC Environmental Challenge 2050

Contributing to prosperous and sustainableliving in next-generation mobility society
through “ monozukuri

Passion in Creating Tomorrow
PACIFIC GLOCAL VISION

22/42

3-3 Business Areas of Stamping & Molding Technologies
We supply body frame parts that ensure the strength and rigidity of the car body, high-design and high-performance resin parts, etc.

プレス成形技術
金型・溶接・塗装・成形

Main customers：
Toyota group
Other Japanese car manufacturers

23/42

3-4 Business and Technology Areas of Valve Products
Develops and manufactures various valves using the fluid sealing technology cultivated in thevalve core, the founding product, as the core technology.
Tire valves・Market share Japan 100％,
Overseas 50％
・Main customers Domestic andoverseas tire manufacturers

Valves for Control equipment
・Charging valves, Relief valves etc.
・Main customers Car air conditioner
compressor manufacturers, piping
manufacturers
Valves for industrial use
・For industrial machinery, aircraft, etc.
・Obtained by acquiring Schrader businessAluminum die-cast products
流体シール技術(Produced in Korea)

24/42

3-5 Priority Business area focused on CN
Believing actual needs change of CN & Vehicle Electrification provides the greatest
opportunity for growth, Promoting development

Focus Areas and Priority Measures

LCA
Evaluation
・System change on
EV motors

・Urethane form molding
technology
・EV noise reduction product

Fluid
Control・New noise generating
instead of engine
sound・Expanding the Ultra High Tensile Stamping
Products
・Technical advancement for structure
analysis & performance evaluation
・Proposal of switching from hot to cold

Sound &
Vibration
Proofing

Carbon Neutrality

Expansionof EVs・Reducing CO2 emission
in production process

UHTSS

・Weight saving of EV parts

・Valves for BEV/FCEV・Developing and promoting sales ofcontrol valves for heat pump system
25/42

3-6 Priority Measures of Ultra High Tensile Strength Product
Body structure analysis technology contributes to collision safety andweight reduction of the vehicle bodyExpanding the area of stamping frame parts
・Promoted proposal of switching from hot to coldDie

Production

・Developed 1470MPa material cold molding &Die

2024 Goal
25％

Production

Difference in CO2emissions due toconstruction
method*our estimate

mass-production technology
・Expansion of large body frame assembly parts

Strengthening structure analysis andmaking effective proposals

Hot stamping

Cold stamping（KPI）Changes in sales ratioof ultra-high-tensile products
to stamping products

・Collision analysis / forming analysis/evaluation
・Expansion of analysis model, accuracy improvement
・Optimal proposal for body structure
・Shortened development lead time
Collision Analysis

Forming Analysis

26/42

3-7 New Product Topics
Strategically develop new technologies and products, and promote adoption andmass production in sequence
Cold stamping parts of 1470MPa material

Noise reduction coverfor Electric compressors

・Adopted for roof center reinforcement for Lexus NX

・Manufactured with Urethane form

・22% lighter than before

molding Techniques

・Promoted proposals to expand application to other・For new noise generating instead ofvehicle types

engine sound・Developing for adoption in EV noise reduction
growing needs increasingly.

Weight reduction contributes to lowering the height ofthe center of gravity and improving steering stability

Roof Center
Reinforcement

Noise reduction cover
For Electric Compressors
27/42

3-8 Development and Sales Expansion of Control Valves
for Electrification
Accelerate the development of control valves for heat pump car air conditioners forthe progress of electrification
Changes in market needs
Refrigeration Cycle

Endothermy
How
Heating
Works

Heat exchanger

Expansion
valvesHeat exchanger

Compressor

ENGINE

Heat exchanger

EngineCoolant

Radiation
Heating・Increased needs for control valvessuch as electric expansion valves
due to the shift to heat pump car air
conditioners
・Integrated multiple valves for higher
functionality
Electric expansion valves for BEV※ Engine dis-continued
1

Development/Sales system

・Development integrated with SCHRADER business・Creating synergies and promoting global sales by
understanding customer needs in Japan, the U.S.,
and Europe

28/42

3-9 Technology development in new fields
Promoted new product development and new business development
including solutions by utilizing core technology
Development of new technologies and products that lead tosolutions to social issues

TPMS coretechnology
Wireless / sensing
System overview

Alarm display

TPMS transmitter Receiver

TPMS transmitter《 Applied areas 》

Medical goods
transportation*1 GDP Guideline

Marketneeds
A demand formonitoring
Data Business

Food transportation*2 HACCP management method

The livestock industry

Built-in antenna / sensor

IT/Industrial arena

App・Cloud・ＡＩ*1 GDP (Good Distribution Practice) … International standards aimed at ensuring pharmaceutical product quality duringtransportation and storage.

29/42*2 HACCP (Hazard Analysis and Critical Control Point) … Food sanitation standards for food and other business operators to monitor
and control process from receiving raw materials to shipping and serving.

3-10 New Product Applying Sensing Technology
Providing new value for logistics solutions“e-WAVES” , the multi sensing logger・It can sense temperature, humidity, vibration, position, barometricpressure, and illuminance・It checks the status of food and drug transportation in real time

“ e-WAVES ”

Utilized toTransportation,
controltemperature(-80℃) andstorage of Covid19 vaccines, also
used for medical
supplies and foodtransportation

30/42

3-11 New Product Applying Sensing Technology
Contributing to the growth of high-quality cattle and Solving the challenges facing farmers
by labor saving and improving management efficiency

Cattle body condition monitoring “CAPSULE SENSE”
Needs and Issues
ofcattle livestockindustry▶Labor saving▶Productivity Improvement▶Disease detection

Increase in number of animals per household andlack of successors
Decreased productivity due to lower conception rates
Economic loss due to illness, injury, accident, etc.

Solving with TPMS
Sensing & ICT
Technologies

60 billion yen loss
Annual in Japan

System Overview of ”CAPSULE SENSE”

App screen

・A capsule with a sensor placed in the cattle
stomach transmits the results periodically andTemperature data

wirelessly

・Sensing data is accumulated and analyzed in
Activity data

the cloud

Scheduled tostart sales
at the end of
May in 2022

・Detects signs of physical changes and notifies
・Detects estrus, parturition, and disease of
Detectable estrus, parturition, and disease of cattles ！

cattles →Productivity Improvement→ Decrease Economic loss

31/42

１．Financial Results for FY2021
２．Full Year Forecast for FY2022

３．Mid-term Management Plan “OCEAN-22”
４．Sustainability Management
32/42

4-1 Key Issues of Sustainability
Identified 4 themes and 15 materialities related to long-term vision
Vision：A company that leverages its core technology and continuously provides new business, newproducts and new technologies toward a sustainable society■Solving social and customer issues
through products・Contribution to a sustainable mobility society
and prosperous living
・Improving mobility safety
・Development of environment-conscious products■Minimizing environmental load
・Mitigation of and adaptation toclimate change
・Sustainable resources use
・Conservation of water resources

PACIFIC
Environmental
Challenge
2050

Vision：A truly GLOCAL company that is worthy of
stakeholders’ trust, rooted in communities and able toco-exist and co-develop with them

Vision：A company that values employees’ new ideas,
challenges and ensures they feel the harmonious
balance between life and work

■Fostering trust with stakeholders■Respecting human resources
and their active participation

・Corporate ethics and compliance・Responsible procurement
・Improvement in customer satisfaction
・Local community development・Respect for human rights
・Stable employment and decent work environment
・The safety and health of employees
・Development of human resources and cultivationof culture that we can tackle new endeavors
・Diversity and inclusion

33/42

4-2 Minimizing Environmental Load
Setting milestones and accelerate efforts

Carbonneutrality

Mitigation ofandadaptation
to climatechangeSustainable
resourcesuse

Minimizing

SDGs

Item

(FY2020
Result)CO285.8(kt)
emissions

2030
Targets

2050
Targets

From 2019

Net
Zero

50% reduction

・CO2 emission…▲50％・Renewable energy usage ratio… over 20％

Baseline year
2019

Projection
なりゆき

100

Amountofindustrial
wastesFrom 201960%

2,539(t)reduction in Japan

30%

Minimum
usage

reduction in overseas

Environme
ntal load

CO2 emissions(%)
CO2排出量

Materiality

Current
Status＜2030 Mid-term Goal＞

Daily
日常改善
improvements
革新技術
Innovative
Technology

50
Renewableenergy再エネ
Improvement of

排出係数改善Emission Factors
for Electricity0Conservationof waterresources

Water
usage

1,645
(k㎥)

Optimalusage

Minimum
usage'19 '20

'30

年度

'40

'50

基準年
Formulationof Pacific Environmental Challenge 2050
[PACIFIC環境チャレンジ２０5０」策定

CO2排出量Net Zero
ネットゼロ
CO2
Emissions34/42

4-3 Efforts Toward Carbon Neutrality
Identify energy reduction measures from three perspectives and aim to achieve CO2
emission reduction targets

１．Energy saving through daily

２．Energy saving by introducing

improvement activities

high-efficiency equipment

Replacing once-through high-efficiency boiler,

The introduction of special high-voltage

Downsizing cationic electrodeposition coating (E-Coat)making it possible to switch the fuel from heavy

power feeding systemequipment, it makes improving of energy Conservation

oil to city gas

Reduction of CO2
Emissions
About 680t/annual

Reduction of CO2
Emissions
About 1,000t/annual

and Productivity

Reduction of CO2
Emissions
About 320t/annual

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4-4 Efforts Toward Carbon Neutrality
Identify energy reduction measures from three perspectives and aim to achieve CO2
emission reduction targets

３．Introduction of renewable energy
Achieved 100% using renewable energy at 3 domestic basis incl. Tohoku & Kyusyu

・APR 2022 Switching externally purchased power
to renewable energy
Reduction of CO2 Emissions : 2plants at Tohoku 2,300t/Annual
Kyusyu Plant

1,500t/Annual

・ Solar Power Generation Introduction
Domestic 7plants Overseas 2plants

Solar Plants at Kurihara Plant

Taiwan subsidiary (Aug 2021), Kurihara Plant (Jan 2022)
Installation of solar panels through PPA method
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4-5 Minimizing Environmental Load：Sustainable Resource Use
Recycle, reuse and waste reduction efforts to realize a recycling-oriented society

Recycling of waste plastics
・100% recyclable with our Plating-lessPrinciple of In-mold film decoration

Molding
MachineResin②Injection Molding

・Scrap rubber generated during the tire valve molding process
is recycled and reused with rubber compounding technology

unique film decoration technology①Positioning of transfer film

Scrap rubber recycling③Product removal

Regenerationof rubber
再生ゴム化

film

Reprocessing Product

Regenerated rubber
Des
ign

Resin

Scrap rubber
Mold

Film feeder

Mold

Molded Product

Rubber original

Tubeless Valve
Decorating Film

Film decorated Decorated Film
Center Ornament after molding

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4-6 Solving social and customer issues through products
Improved customer satisfaction by reducing costs, and reducing environmental load in manufacturing processes and LCA

Awards received from customers ：27cases（global results in FY2021）
Adopted GFRP engine undercover

Process reduction:
Coating treatment for forged products・Innovating the coating process and cost reduction achieved.

・World's first adoption for SUVs

・Zero CO2 emissions and waste liquid generation

・76% lighter than before

・Reduced labor cost for die and equipment maintenance.

・Received a project award from Toyota

・Received Awards of Excellence from customer

・Received “the Mobility Related Parts Award” in [Super
Manufacturing Parts Award] by Nikkan Kogyo Shimbun

For Hybrid motor

Plate
FlangeHubCarrier

motor

Torq
ue
conv
erter

Gear
train
6-10
speed

GFRP Engine under cover
Adopted as high-function parts for AT andhybrid-related units in automobiles

CARRIER

Contributes to excellent running performance byprotecting the lower part of the body off-road

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4-7 Respecting human resources and their active participation
Promote initiatives to improve employee engagement and maximize the value of human capital

Corporate Value Enhancement

Maximize the value of human capital

Job satisfaction, pride &better Productivity

Innovation by
Diverse Human Resources
Raising the level ofhuman resources
Development of
human resources

Diversity＆Inclusion

Vision：
A company that values
employees’ new ideas,
challenges and ensures they feelthe harmonious balance between
life and work

Cultivation of culturethat we can tackle
new endeavors

Workplace
Improvement
Respect for
Human Rights

Realization ofWork-Life
Balance

Manufacturing is about Human resource development

Creation ofdecent work
environment

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4-8 Efforts Toward Sustainability Management
Evaluation by external organizations as a result of our efforts of ” OCEAN-22”
Information Disclosure Initiatives
・We endorsed the TCFD in May 2021,
and promote integration and disclosure of climate change
impacts into strategies
・Published of Sustainability Report 2021
・Disclosure of various non-financial information on website
・Corporate site renewal

Evaluation by External Organizations
・ Selected for “FTSE Blossom Japan Sector Relative Index”
・ Selected under the “2022 Certified Health & Productivity
Management Outstanding Organizations ”
・Selected for CDP’s “ Supplier Engagement Rating”
Leaderboard for 2 Consecutive Years
・Awarded the ” Blonze Medal ” in EcoVadis rating

https://www.pacific-ind.co.jp/

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4-9 New Plant
Constructing a global mother plant with an eye on business expansion and carbon
neutrality, strengthening cost competitiveness in the medium to long term

《 Global Mother Plant 》
・A plant that pursues manufacturing efficiency
・A plant where employees can work lively

Place：Ogaki-city, Gifu-ken
Production item：Stamping products for automobiles
Land Space：80,000㎡
Floor Space：43,000㎡（Stamping-Welding Plant)

Start of operation：mid-2023《 CO2 reduction measures 》

・Plant building specifications
・Plant driving force
・High efficiency equipment
・Logistics system
・Renewable energy

New plant exterior image

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