Toward Sustainable Value Creation

Our Business

ESG Initiatives

Data Book

Value Creation Process

Our Philosophy/DNA & Our History

Management Philosophy“To become a world leader as a general manufacturer of oil-less bearings and serve society through technology”

Long-Term Vision
Relevant
SDGs

In order to fulfill our management philosophy, we intend to be:
・A company that contributes to the preservation of the global environment and delivers safety, security and comfort through the products andtechnologies required by the world・A market-creating company that pursues tribology technology (friction, wear, lubrication) and damping technology (vibration control) to create oneof-a-kind products
・A company that fulfills its corporate social responsibility (CSR) and helps realize a sustainable society through business with high social contribution

Social Issues

INPUT (Strengths)*

OUTPUT*OUTCOME

Contributed to the Creation ofa Sustainable Society(Japan, Europe, North and South America, China, Asia)

Increasing risk of climatechangeManufacturing
CapitalCapital investment: 3.4 billion yen
Number of consolidated subsidiaries: 16
Number of domestic production bases: 13
Number of overseas production bases: 6

Developing OriginalMaterials andApplications
by the R&D and Engineering
Departments

Stable Financial Base

Declining birthrate, aging
population and decreasing
workforce

Transition to a newmobility society

Consolidated total assets: 85.5 billion yen
Consolidated net assets: 66.6 billion yen
Capital asset ratio: 77.2%

Global Human Resources
HumanResources
CapitalIntellectual
CapitalNaturalCapital(Japan, Europe, North and South America,China, Asia)

Dealing withCustomers

Group employees: 2,506
Employees of domestic subsidiaries: 598
Employees of overseas subsidiaries: 838

through collaboration among
the Sales, Engineering andR&D Departments

Pursuit of two coretechnologies
Tribology

Damping

Operating Results

Human Resource
Development andRespect for Diversity ofEmployees

High R&D and Technological
Capabilities Based on Two CoreTechnologies
Number of domestic and overseas industrial
property rights: 2,490
R&D expenses: 2.4 billion yen
R&D and Engineering Departments: 187 employees

Environmentally Friendly Use ofEnergy and Water
Total energy input: 651,032 GJ
Water consumption: 202,000 m3

Consolidated net sales: 59.9 billion yen
Consolidated operating profit:
5.9 billion yen
Operating cash flow: 5.9 billion yen

Manufacturing

Financial
Results

Ratio of female employees in the Group:
24.8 %

HumanResources

A better environment inwhich employees can havea sense of fulfillment intheir work

Production System
Promoting CSR
to create a sustainable society

Riske
Mana
ianc
gement and Compl

Improved automobile
functions (higher
energy efficiency, more
comfortable space)

A safe, secure andcomfortable society
Promoting Diversitythat promotes quality
improvement, cost reduction
and work safety, as well as
automation using IoT

Reduced environmental
impact (decreased
greenhouse gases)Environment
CO2 emissions: 30,893 t-CO2

Value Creation Process

Increasing naturaldisasters and rising riskof infectious diseases

FinancialCapitalof product quality

Products・Oil-less bearings that reduce theenvironmental impact
・Seismic Isolators and vibration control
devices that reduce damage frommajor earthquakes
・Architectural devices that provide not
only safety from fire but also healthy air
conditioning

Nature*Data as of March 31, 2022 or FY2021

Sustainable Investment in Management Resources
11OILES CORPORATION INTEGRATED REPORT 2022

Identifying Major Issues (Materiality) for Sustainable Growth

Need for continuous
technological innovation

Improving theReliability

Message from the President

Global Business Development

OILES CORPORATION INTEGRATED REPORT 202212