i r o n

a n ds t e e lc r a s h e d

a g r i c u l t u r e

m a t e r i a ls t o n er e c y c l i n g

ASAHI INDUSTRIES CO., LTD.
ASAHI AGRIA CO., LTD.
JOBU CO., LTD.
ASAHI BUSINESS SUPPORT CO., LTD.

ASAHII N D U STR I E S
GROUPCOMPANY PROFILE 2024

Planning Section, Corporate Planning Department

Asahi Industries Group Company Profile

Asahi Industries Co., Ltd.
Daiwa Higashi-Ikebukuro Building, 23-5, Higashi-Ikebukuro
3-chome, Toshima-ku, Tokyo 170-0013, Japan
TEL: +81-3-3987-4095 Email: ir@asahi-kg.co.jp

Asahi IndustriesսSteelվJobuսCrushed Stone and Material RecyclingվAsahi AgriaսAgricultureվAsahi Business SupportսTemporary Staffing and ContractingվTo Be A Light that Shows
Path Towards Sustainable SocietyManagement Principles

The Asahi Industries Group aims to realize a plentiful andBeing honest, fair, and respected by all,both now and for generations to come.
Continuing to provide products andservices of high quality and value while
contributing to the global environment.

recycling-oriented society through our activities in three areas "Steel," "Agriculture," and "Crushed Stone and Material Recycling."
To build a future where people can live with peace of mind,
we will continue to be a leading company in resource recycling
by using our core corporate values of technical expertise to seek out,

CSR Guidelines

utilize, and restore resources.

Focusing on appreciating andcontributing to the community

Environmental Guidelines

Crushed Stone andMaterial Recycling
Business

Agribusiness〈Asahi Agria〉

Three Sectors +1

Contributing to the environment bydecreasing environmental i m p a c t s ,preventing global warming andachieving zero emissions.

〈Jobu〉

Our products are comprised of items tha
hat are essentialeto living securely and safely.

Hay
Asahi Agria

We will continue to create products
ts thatt supportsurban and rural living.

Steel
Business

Fertilizer
for farmers
Asahi Agria

Fertilizer forhome gardens

Seeds

Asahi Agria

Asahi Agria

Threaded
deformed bars

Wood chips

Asahi Industries

Jobu

+

Structural steels

Crushed stone

Asahi Industries

Jobu〈Asahi Industries〉〈Asahi BusinessSupport（ABS）〉

Deformedbars(rebar)Asahi Industries

01

A S A H I I N D U STR I E S G R O U P

Temporary Staffing
and Contracting

Temporary Staffing andContracting
ABS

COMPANY PROFILE 2024

02

Steel BusinessAsahi Industries
Forging strong steel to support the infrastructure for life.
Building an optimal portfolio.

▲ Japanese language ▲only▲ ÇĳsĳƐ ouƀ oǘĆĳal ▲YouTubeAsahi Industries manufactures rebar and structural steel with an electric arc-furnace, using steel scrap
as the raw material.
We are working to achieve carbon neutrality through initiatives such as operational improvements andcapital investment aimed at reducing CO 2 emissions.
It is our direction to continuously innovate and take on challenges to strengthen technology and sales
force in cooperation with our parent company, Godo Steel, Ltd.

Manufacturing Process

Steel scrap generated from demolition of buildings, automobiles,
and various factories is used to manufacture steel products.

iron and steel

Selection and Combination

Melting and Refining

Casting and Rolling

Several types of steel scrap are combined
depending on the product to be manufactured

The steel scrap is melted in the electric-arc
furnace and refined in accordance withthe product standards

Steel billets cast by continuous casting
equipment are molded into products in aheating furnace and rolling stands

Steel Products

How steel products are madeBamboo Deformed bars

03

Deformed bars (rebar)

Structural steels

Rebar is widely used in construction projects such as apartment
blocks and office buildings, highways, and railway piers tounderpin our everyday lives.
P a r t i c u l a r l y, w e a r e s t r e n g t h e n i n g s a l e s o f o u r t h r e a d e ddeformed bars "Neji-A-Con," which is in increased demand due
to advantages offered by shorter construction periods. This isbecause rods can be joined together using mechanical couplers
in any type of weather instead of pressure welding.

Structural steels are steels for secondary machining thatare widely used in sectors such as construction,engineering, and machinery, where they are processed
into products including bolts, nuts, and steel braces.
We m a n u f a c t u r e b o t h - o r d i n a r y s t e e l s , w h i c h a r e n o t
heat-treated, and special steels, which are heat-treatedand chracterized by rigidity, strength, toughness, etc. thatcan be adjusted through proper constituent control.

A S A H I I N D U STR I E S G R O U P

Structural steels (Special steels)

Dismantling and Recovery
We purchase steel scrap collected fromdismantled buildings, etc.

Construction, Civil Engineering,and Machinery Industries
These products are used in a wide rangeof fields such as buildings and civilengineering structures, supporting
people's lives and society

Cooling and Commercialization
Products are gradually cooled on thecooling bed, cut, bundled, and theninspected before shipping

COMPANY PROFILE 202404

AgribusinessAsahi Agria
Aiming for “sustainable agriculture”.
Honing our skills and creating new markets.

▲ Visit our website ▲▲ Visit the Seed ▲Departmenton Instagram▲ Visit our oǘĆial ▲YouTubeThe only fertilizer manufacturer in Japan that deals with both seeds and hay.
We are collaborating with Japanese and overseas research institutions andJapanese government agencies to achieve sustainable agriculture, working towards labor-saving
agricultural practices and making the best possible use of as-yet untapped resources.

Seed Businessagriculture

Towards Sustainable Agriculture

Mastering squash
Our variety development efforts are
directed towards various vegetables
including squash, rootstock (tomatoes andmelons), broccoli, and tomatoes based on
the concepts of "disease resistance", "highyields", and "good taste. "As a good
example, we have developed varieties ofsquash that have features not merely
flavor, but also ease of cultivation, yield,a n d f r u i t c o l o r. We a r e a l s o i n v e s t i n gresources into overseas marketing.
By leveraging the benefits of being af e r t i l i z e r m a n u f a c t u r e r, w e c a n o f f e r
cultivation methods and fertilization thatmaximize the strengths of our products.

Fertilizer Business
Hay Business

Mastering compost
We are focusing on research and development of organic materials utilizing
domestic fertilizer resources including
compost to create various granular organic fertilizers using our original granulation
technology and environmentally friendly
e q u i p m e n t . O u r e ff o r t a l s o g o e s i n t outilizing resources generated in various
parts of Japan, which contributes to local
resource recycling. Fertilizers that use
compost have advantages, such as theeffects of both compost and fertilizer,
granularity for easy application, andaffordability. By adding organic liquid
fertilizers and microbial materials to ourline-up of products, we are helping to
make food safer and more reliable.

05

A S A H I I N D U STR I E S G R O U P

Mastering Australian hay

Fertilizer
for farmers

The Ecoret celebrates
its 10th anniversaryof sales in 2023.

Fertilizer forhome gardens

As a sales agent of Australian hay
p r o c e s s i n g a n d e x p o r t c o m p a n y J . T.
J o h n s o n & S o n s P t y. L t d . , w e s u p p l yhigh-quality hay to Japan's dairy and cattle
farmers. Our Australian joint-venturecompany Johnson Asahi Pty. Ltd. ensures
stable supply of hay that accords withJapanese market trends in a timely
m a n n e r. W i t h a n e w p l a n t s t a r t i n g i t s
operations in FY2022, we haveestablished a system that can provide astable supply of hay to meet more diverse
needs.

COMPANY PROFILE 2024

06

Crushed Stone and Material Recycling Business

Jobu

Temporary Staffing and Contracting Business▲ Japanese language only ▲Aiming to maintain its position as the top company in the region.
8VLQJERWKQDWXUH·VERXQW\DQGZDVWHSURGXFWVDVkey resources.

Asahi Business Support▲ Japanese language only ▲Supporting the Asahi Industries Group from behind the scenes.
Wishing to be professionals in utilizing personnel of all kinds.

crashed stone & material recycling

Crushed Stone Business

Recruitment of People with Disabilities and Retired People
The company serves as the avenue for recruiting people with disabilities* and retired
SHRSOH:RUNLQJKRXUVZRUNGD\VDQGWKHW\SHRIZRUNDUHGHWHUPLQHGZLWKWKHSHUVRQ·V
individual characteristics in mind, providing a flexible employment regime.

Jobu Co., Ltd. owns high-quality
greywacke mining claims covering 1.3
m i l l i o n m2 i n S a i t a m a P r e f e c t u r e(Minano-machi and Kamikawa-machi).
The stone mined from this area isused as the raw material for concrete
and asphalt in construction projects
such as buildings, bridges, andhighways. By supplying high-grade
crushed stone and sand,we arehelping to provide vital infrastructure.

* Recruitment of people with disabilities:The number of employees with disabilities of Asahi Business Support as a special subsidiary can be calculated into the employment rate of people with disabilities of its parent company.

Asahi
Industries

Crushed stone for concrete

Crushed sand for concrete

Asahi
Agria

Crushed stone for roads

We are enhancing our support system byassigning qualified personnel such ascompany-registered workplaceadjustment assistants and vocational life
counselors for people with disabilities.

Saitama Prefecture
Tokorozawa Shipping Yard
(To Tokyo Metropolitan Area)

Jobu

Asahi
Business
Support

Employees
resigned uponreaching
retirement age

Recruitment of people
with disabilities

Kamikawa Shipping Yard
(To Gunma)

Four productshipping locations tocater to the various
needs.

s t a ffi n g & c o n t r a c t i n g

Asahi Business Support

Recruitment of
retired people

People withdisabilities

Atsugi Shipping Yard
(To Kanagawa)Wako Shipping Yard (To Tokyo Metropolitan Area)

Asahi
Industries

Kanagawa prefecture

Asahi
Agria

Jobu

Asahi
Business
SupportSupportorganizations

Companies

SupportsystemManagement services, manufacturing,development, sales, etc.

Even beyond the retirement
age of 65, employees canwork under flexible conditions
by utilizing their knowledge
and skills.

Material Recycling BusinessGroup businesses

By recycling the concrete debris frombuilding demolitions into roadbed
material and waste timber from house
demolitions and logging into woodchips, we are reducing waste products
and helping to build a sustainable
society.

We support the Asahi Industries Group with a wide range of support operations,such as management and operation of welfare facilities (company housing,shops, employee cafeterias, etc.), back-office operations, and manufacturingassistance for each group company.
The Asahi Flower Garden in front of Asahi Industries Saitama Works grows
seasonal flowers and plants. It is a place for local residents to relax.

Wood chips

07

A S A H I I N D U STR I E S G R O U P

Recycled roadbed material

Debris processing facility

COMPANY PROFILE 202408

Sustainability
Reaching the Sustainable Development Goals (SDGs)
through our everyday activities.
With an awareness that SDGs as a common global issues for the realization of a sustainable society,
Asahi Industries Group continues to work under the principle of being "a company that values
contribution to the global environment and local communities, and is loved by everyone."

Efforts to deal with climate change
Improvement in water quality, Conservation of ecosystems in rivers and oceans

Contribution to the Environment
We are proud to be serious about the environment.
warming, reducing environmental impact, and achieving zero emissions. We are also focusing on research andAiming to become carbon neutral by 2050, we have set a CO 2 reduction target of 51% or more compared to
FY2013 by FY2030, which is a transit point.
We are also focusing on reducing the environmental burden by setting voluntary control targets for exhaust gas
and wastewater that are stricter than the standard values stipulated by law.

development of products that contribute to environmental improvement.

Approach to Carbon Neutrality

Based on our three-year medium term environmental action plan, we are actively working towards preventing global

CO 2 reduction rate
FY

2030

2050

（％）

209,895t

Reduction of
CO 2 emissions

Carbon neutrality by 2050

80

△51% or more

Base FY

Improve productivity and reduce fuel consumption by updating manufacturing equipment,

60

introducing new equipment, etc.

Sustainable use of resources,
Commitment to infrastructure improvements

Plan

Reduce power consumption for lighting and air conditioning, introduce hybrid vehicles,40

and promote eco-driving
Consider introduction of renewable energy such as solar power generation and electric

20

-26%

-39%

-31%

-51%

and hydrogen vehicles

Asahi Industries
Our manufacturing is recycling. Steel scrap generated from thedemolition of bridges, buildings, and automobiles are recycled
into strong rebars, and debris and wood waste generated fromthe demolition of buildings are recycled into recycled
aggregates and wood chips, thus contributing to waste
reduction and resource recycling.

Saitama Prefecture's targeted emissions trading
system is utilized to sell reduction portions inexcess of our reduction allotment.

100

Target FY

Target2040

Steel
products

0

Jobu
Building
Demolition

Recycledaggregate

Study the feasibility of introducing
CCS technology and renewable energy

2013

2023

2030

Changes in NOx, SOx (exhaust gas from facilities generatingsoot and smoke) and BOD (industrial wastewater)(Terajoules: amount of heat)

（%）

（％）

6,000

105

100

101.1

Energy consumption

100

Year-on-year change
in specific energy
consumption

96.2
3,227

Year-on-year changeof less than 100% deemed as
improvement over previous
fiscal year

Energy consumptionin specific energy consumption

98.5

4,000

95

3,009

2,665

90

2,000
85

80

0
2021

2022

2023
FY

Year-on-year change in specific energy consumption

Fuel for power generation,
raw materials for pulp,
bedding straw

Roads

2022

FY

Changes in energy consumption

Buildings

2021

Wood chips

Legislated standard

90
80
70

Gas emissions voluntary
management target

60
50
NOx

Wastewater
emissions voluntary
management target

40
30

SOx

20
10

BOD

0

18.7

18.8

18.1
2.5

5.2

2021

7.6
2.6

2022

4.4

3.3

2023
FY

Promoting sustainable agriculture
We use waste materials such as livestock manure and wastewater(biosolids) from food and beverage factories as raw materials to
produce fertilizers, thus achieving resource recycling.
Our effort is also putting into joint research and development withresearch institutes such as universities. Through the developmentof microbial materials, we are contributing to agriculture that isfriendly to both the environment and people.

Utilization of biosolids

Feedmanufacturers

Sustainable forest management and biodiversity conservation

Experimentation with soybeans
Consumers

Biosolids generated in wastewater
treatment processes at foodplants and other facilities

09

A S A H I I N D U STR I E S G R O U P

Livestockfarmers

Cooperative research into
microbial materials

Farmers

Asahi Agria

As our production facilities are located in verdant natural
surroundings, we strive to protect the local plants, wildlife,and ecosystems through programs such as developing
green spaces considering the importance of biodiversity,and cleaning and re-vegetating nearby waterways, parks,
and roadways. In addition, we contribute to the absorptionof CO2 and the prevention of global warming, as well as tothe protection of the ecosystem of animals and plants bypreserving and nurturing approximately 40 hectares ofcompany-owned forest (Gunma Prefecture) inhabited by
Japanese Cypress and Japanese Cedar.

COMPANY PROFILE 202410

Sustainability
Supporting Local Communities

Safe Working Environment

Striving to be a company that moves in step with the community.

Creating superb products and excellent services at
the workplaces where employees are working actively.

Asahi Industries Group has a long history, owing it all to the understanding and support of the local residents.
With a strong awareness of being a member of the community and a desire to develop together witheveryone, we actively promote community contribution activities, such as programs to support children, who willlead the future, and cleaning volunteers to create livable communities.

To improve corporate value, we aim for management with effective governance that balances profits growth andcompliance, and strive to create a work environment that provides all employees with opportunities to play an active role.

Safety management system

Supporting children
We provide children with opportunities for learning inways different from school, such as creating large
canvas paintings for exhibiting at Asahi Kamikawa
Gallery (on walls surrounding our Saitama Office) andoffering hands-on vocational experience.
Asahi Kamikawa Gallery

Factory tour

In addition to the Health and Safety Committee, which is astatutory meeting, the Group has established a meeting
body of health and safety managers to promote thestrengthening of health and safety activities through theuse of lines. In addition, through annual safetyconventions held at each business site and biannual
management patrols, we aim to transform ourselves into arobust zero-disaster structure that prevents disasters fromoccurring.

Management patrol

Saitama Plant safety convention

A structure that allows everyone to flourish
Work experience

Tomato cultivation classSponsorship for elementary
school judo tournaments

Contribution to Photo News

Photo Courtesy : General Incorporated Association
Sports Hinomaru-kids Association

Acting as a member of the community
We contribute towards improving the local naturalenvironment and living environment through volunteer
activities such as cleaning roads, waterfronts, parks, etc.,
business cooperation with facilities for people withdisabilities, and food donations to social welfare councils.
Facilities for people
with disabilities

In-house firefighting team11

A S A H I I N D U STR I E S G R O U P

Clean-up volunteers

Maintaining and managing
flower gardens

Sainokuni Road Support(Saitama Prefecture's
Adapt-A-Highway Program)

Our foundation is to be a workplace where people ofdiverse backgrounds, including nationality, gender,
age, disability, career, experience, and working styles,
c a n w o r k w i t h p r i d e . To c r e a t e a n e m p l o y m e n tenvironment in which everyone can play an active role,
we have established a system that allows all
employees to take advantage of various childcare andnursing care leave programs. We are also
strengthening equal opportunities, skill improvement
programs, appropriate treatment, and backup systems
to make our company even more worker-friendly.

We are seeking to expand job areas where
women can play an active role, such as quality
control and information exchange locally(overseas) in the seed and seedling business,safety patrols at each plant, etc.

Remote conferences

Health management
initiatives

Approach todiverse work styles

Viewing health management from a
corporate management perspective, we
strive to revitalize the workplace and improve
productivity by establishing a healthpromotion system, and promoting themaintenance of health. Since FY2021, we
KDYHEHHQOLVWHGLQ0(7,·V&HUWLÀHG+HDOWK 
Productivity Management Outstanding
Organizations Recognition Program.

We have been awarded a top-level"Platinum Certification" by Saitama
Prefecture's Certification System for
Companies Implementing Diverse
Work Styles as a company that actively
supports work-life balance andpromotes women in the workplace.

Food distribution

COMPANY PROFILE 2024

12

O U R

Despite enormous change in the business world, throughout our more than 85-year history we have maintained our steadfast commitment to quality
and to the importance of the global environment.
As a member of the Godo Steel Group, we will continue to be both agile and resilient as we rise to the challenge of building a sustainable future.

S T O RY

Asahi Chemical Fertilizer Co., Ltd. is established.
Predecessor of the fertilizer business(Amagasaki-shi, Hyogo Prefecture)

1935

The company enters the Seibu
Distribution Group.
(later, Saison Group)

Wakaizumi Shipping Co., Ltd. is established.
Predecessor of Jobu Co., Ltd. (Kamikawa-machi,
Saitama Prefecture)

1936

1948

Japan Nickel Co., Ltd. is established.
Predecessor of the steel business(Kodama-gun, Saitama Prefecture)

1960

1970

Asahi Chemical Fertilizer Co., Ltd. takes over the steel
division of Japan Nickel Co., Ltd. and the company
name is changed to Seibu Chemical Industries Co., Ltd.
Gives rise to an integrated business model:“steel andfertilizer”.

Johnson Asahi Pty. Ltd. is established as a
joint venture. (Victoria, Australia)

1991
Asahi Industries Co., Ltd.
is established.

1995

The company is listed on the JASDAQ
Securities Exchange.

2003

2005

Asahi Industries leaves
the Saison Group.

2016

MergerEnters the Seibu
Distribution Group

Asahi Industries Co., Ltd.

Leaves the Saison Group2019

Asahi Business Support Co., Ltd. isestablished.

Asahi Chemical
Fertilizer Co., Ltd. Established
Seibu Chemical
Industries Co., Ltd.

The company enters the Godo Steel Group following atender offer by Godo Steel, Ltd., and is delisted from JASDAQ.
Kanto D-Bar Steel Corporation is established.

Listed on the JASDAQ
Securities Exchange

Japan Nickel Co., Ltd.
Established

Godo Steel, Ltd. completes
tender offer.
Enters the Godo Steel Group
Delisted from JASDAQ

2020

2024

Agribusiness is spun off from the company.
Asahi Agria Co., Ltd., which continues theagribusiness, is established.

Asahi Industries Co., Ltd.
Division
Asahi Agria Co., Ltd.

COMPA N Y OV ERV IE W
(As of April 1, 2024)

Corporate Profile
Company Name
Head OfficeDaiwa Higashi-Ikebukuro Building, 23-5,
Higashi-Ikebukuro 3-chome, Toshima-ku,
Tokyo 170-0013, JapanTEL+81-3-3987-2161

URL

https://www.asahi-kg.co.jp(Japanese language only)

FoundedAugust 16, 1935

Established

October 29, 1991

Parent Company

Godo Steel, Ltd.

Common Stock

2,190 million yen

No. of Employees
Main BusinessSubsidiaries: 3

1 . Asahi Agria Co., Ltd.(wholly owned by Asahi Industries)

Asahi Industries Co., Ltd.

࢒Asahi Agria

Kansai Plant (Fertilizer)

࢒Asahi Agria

Osaka Office

2. Jobu Co., Ltd . (wholly owned by Asahi Industries)

Kamikawa Research Station

࢒Asahi Industries Head Office࢒Kanto D-Bar Steel࢒Asahi Agria Head Office

Main business: Production and sales of crushed stone,
processing of construction waste materials, and production
and sales of recycled aggregate and wood chips
No. of Employees: 47

Chiba Plant (Fertilizer)

3085-1 Kanezawa, Minano-machi, Chichibu-gun,
Saitama 369-1601, Japan
TEL: +81-494-62-1321
URL: https://www.jobu-sg.co.jp (Japanese language only)

Offices/Plants

Affiliated Companies

Saitama Office/Saitama Plant

Kanto D-Bar Steel Corporation (40%-owned subsidiary of Asahi Industries)

222 Wataruse, Kamikawa-machi,
Kodama-gun, Saitama 367-0301, Japan
TEL: +81-274-52-2711 [Saitama Office]
TEL: +81-274-52-2713 [Saitama Plant]

Main business: Intermediary sales of steel bar as well as associatedfinished products and supplementary products
No. of Employees: 48
10th Floor, Marunouchi Chuo Building, 9-1, Marunouchi 1-chome, Chiyoda-ku,
Tokyo 100-0005, Japan
TEL: +81-3-6267-0030

3. Asahi Business Support Co., Ltd. (wholly owned by Asahi Industries)
Main business: Temporary staffing and contracting
No. of Employees: 17
222 Wataruse, Kamikawa-machi, Kodama-gun,
Saitama 367-0301, Japan
TEL: +81-274-52-6411
URL: https://www.asahi-kg.co.jp/abs (Japanese language only)

Affiliated Companies

Main business: Production and export of hay
119 Plumpton Road Horsham VIC 3400 Australia

A S A H I I N D U STR I E S G R O U P

Kanto Plant (Fertilizer Plant)࢒Asahi Agria

Johnson Asahi Pty. Ltd . (equity method affiliate of Asahi Agria)

13

Offices / Plants / Research Farms

222 Wataruse, Kamikawa-machi,
Kodama-gun, Saitama 367-0301,
Japan
TEL: +81-274-52-2712

࢒Asahi Business Support

࢒Johnson Asahi Pty. Ltd.

Main business: Manufacture and sales of fertilizer, development of vegetablevarieties, production and sales of seeds, export and distribution of Australian hay
No. of Employees: 203
Daiwa Higashi-Ikebukuro Building, 23-5, Higashi-Ikebukuro 3-chome,
Toshima-ku, Tokyo 170-0013, Japan
TEL: +81-3-3987-2163
URL: https://www.asahi-agria.co.jp/en

Kanto Plant (Fertilizer)
Kamikawa Research Station(Seed, Fertilizer)
Seed Center (Seed)

256
Steel Business: production and salesof deformed bars (rebar) (including
threaded deformed bars), structural steels

࢒Jobu
࢒Asahi Industries
Saitama Office/Saitama Plant࢒Asahi Agria(Fertilizer/Seed Research Farm)
863-2 Higashikitahara, Niisato,
Kamikawa-machi, Kodama-gun,
Saitama 367-0232, Japan

Seed Center (Seed Department)
481-3 Maruyama, Joboji, Fujioka-shi,
Gunma 370-1406, Japan
TEL: +81-274-52-6304

Chiba Plant(Fertilizer Plant)
13, Sakuradai 1-chome, Asahi-shi,
Chiba 289-0506, Japan
TEL: +81-479-68-1600

Kansai Plant(Fertilizer Plant)
6776 Minakuchi, Minakuchi-cho,
Koka-shi, Shiga 528-0005, Japan
TEL: +81-748-62-8171

Osaka Office
12th Floor, Osaka JA Building, 2-5,Nishitenma 1-chome, Kita-ku,
Osaka-shi, Osaka 530-0047, Japan
TEL: +81-6-6311-6215

COMPANY PROFILE 202414