Kasumigaseki Common Gate West Tower, 2-1, Kasumigaseki
3-chome, Chiyoda-ku, Tokyo 100-8983, Japan
Tel: +81-3-6205-4800

Fax: +81-3-6205-4886

www.tokuyama.co.jp/eng/

CSR Report and Corporate Proﬁle2015

Corporate Social Responsibility Division
Tel: +81-3-6205-4835

Fax: +81-3-6205-4882

Corporate Communications & Investor Relations Department
Tel: +81-3-6205-4832

Fax: +81-3-6205-4881

Published in August 2015

CONTENTS
Company Outline

Harnessing the Potential of Chemistry to
Support a Century of Service to Society

Company name:Location:Tokuyama Corporation
Tokyo Head Office
Kasumigaseki Common Gate West Tower,
2-1, Kasumigaseki 3-chome, Chiyoda-ku,
Tokyo 100-8983, Japan
Tel: +81-3-6205-4800 Fax: +81-3-6205-4886

Since its founding in 1918, the Tokuyama Group has overcome numerous challenges

Tokuyama Factory

as it has worked to serve society, benefit people, and upgrade its technologies.

1-1, Mikage-cho, Shunan-shi, Yamaguchi 745-8648,
Japan (Registered address)

The Group’s technologies and experience have been used in a wide array of goods

Tel: +81-834-34-2000 Fax: +81-834-33-3790

and services that are useful in people’s lives. Tokuyama’s products are now making

Other facilities in Japanan impact in fields as diverse as information and electronics, lifestyle goods andKashima Factory, Tsukuba Research Laboratory

healthcare, and environment and energy. With human-resource-based management

Osaka Office, Takamatsu Branch, Hiroshima Branch,and promotion of corporate social responsibility at the foundation of its Centennial

Fukuoka Branch, Sendai Branch, Nagoya Branch,

Vision, Tokuyama is determined to generate long-lasting value and benefits for

Shunan Sales Officesocieties and people everywhere. The Tokuyama Group will continue taking onchallenges as it keeps building a business driven by continuous innovation.

1918
No.2
Global market share

Shortly following the end ofWorld War I, Tokuyama wasfounded in 1918 in the townof Tokuyama (present-day
Shunan City) in Yamaguchi
Prefecture to begin domestic
production of soda ash.

Tokuyama’s photochromic dyematerials are used in eyewear
lenses that change from transparent to either gray or brownwhen exposed to ultraviolet
radiation.

60％

TOKUYAMA

Aluminum
nitride is used
for heat-dissipating substrates
in power semiconductors andLEDs. Tokuyama makes theworld’s best powdered aluminum nitride and has the world’s
top market share.

Hiroshi Yokota

Established:

February 16, 1918

Capital:¥53,458 million (as of March 31, 2015)

Number of
employees:

5,852 (consolidated basis; including 1,372 working overseas);1,970 (non-consolidated basis) (as of March 31, 2015)

Number of
84 (as of March 31, 2015)
group companies:
Main businesses:

Tokuyama is the only company
in Japan that produces soda
ash as a raw material for glass,soap, and detergent.

No.1
In Asia

Tokuyama in brief

Global market share

1

ONLY

President:

No.1
In Asia

Securities code:

Tokuyama is the top producer
in Asia of fumed silica, which
is used for silicone rubber, ink,
coatings, and a wide range ofother applications.

Tokuyama’s
high-purity
IPA-SE is the best isopropyl alcohol product made in Asia, andenjoys top market share in theregion. It is used for cleaning anddrying of semiconductor wafers
and electronic devices.

100％

Manufacture and sale of the following chemicals and products
Chemicals: Soda ash, chlor-alkali, vinyl chloride andnew organic chemicals
Specialty Products: Polycrystalline silicon, fumed silica,
high-purity chemicals for electronics manufacturing andaluminum nitride
Cement: Cement, recycling and environment-related businessLife & Amenity: Fine chemicals, microporous films,
synthetic resins, ion exchange membranes and dental materials
4043 (First Section of the Tokyo Stock Exchange)

3

Message from the President

5

Special Feature 1:

		Achieving Safety Worthy of a "First-Rate

		
		
7

Cement Plant"—Making One of Japan's
Largest Cement Plants Safer and Stronger
Special Feature 2:

		Analysis and Evaluation Capabilities Driving

		
		
		
9

		

Development and Safety—Advanced 		
Analytical Techniques Support Developmentof Safe, Reliable Products
Tokuyama’s Pervasive Contribution to
Everyday Life

11

Tokuyama’s Products

15

The Tokuyama Group’s CSR

17

Responsible Care

21
Staying in Step with Society
			 Accident Prevention and Occupational
			 Health and Safety23		Working with Employees / Community			service activities
25

Tokuyama’s Environmental Management

29

Company History

30

Financial Highlights / Global Network

Editorial Policy● The CSR Report and Corporate Profile 2015 has been
compiled for the purpose of providing stakeholders withclearly presented information on the Tokuyama Group’s CSR
initiatives and overall business activities. It is an integrated
report available as a printed booklet or online PDF file. The
PDF edition, available at the website below, includes moredetailed numerical data and other information as well as otherarticles which could not be included in the print edition due tospace limitations.
www.tokuyama.co.jp/eng/csr/report/●Eriko Nashioka of the Institute for Environmental
Management Accounting was invited to offer a third-party
opinion on this report. (Ms. Nashioka’s comments arepresented on page 20 of the online PDF edition.)● The CSR Report and Corporate Profile 2015 has been
produced based on the Environmental Reporting Guidelines(Fiscal 2007 edition) published by the Ministry of theEnvironment of Japan.
Scope of the Report

World’s firstrecyclingrate

Tokuyama Chiyoda Gypsum
Co. is the first company in theworld to develop a technologythat enables 100% recycling ofwaste gypsum board.

Period covered: Performance data is from fiscal 2014 (April 1,2014 to March 31, 2015); certain activities carried out in fiscal
2015 are also included.
Companies covered: Tokuyama Corporation; environmentalrelated data is for the Company’s Tokuyama Factory andKashima Factory; some performance data in the online PDF
version includes 11 main manufacturing subsidiaries in the
Tokuyama Group.
Areas covered: Activities reported on were mainly carried out
in Japan, however, some activities include group subsidiaries
outside Japan.
Date of publication: August 31, 2015
On the cover
The artwork on the front and back covers
employs a color gradation technique toexpress a 24-hour day. The images show
everyday scenes of Tokuyama’s products
in use, as described on pages 9–10 of thereport, suggesting how they can be usefulfor creating value for people and societies
around the world in both the present andthe future.

2

Message from the President

TOKUYAMA CSR Report and Corporate Profile 2015

“ We leverage our strengths in chemicals
to deliver the value customers arereally looking for. ”

H iros h i Yokota
Pre s i de n t

Looking Back on 2014

needs of customers and expand into new business domains to meet them. Focusing our R&D work on areas

On behalf of the entire Tokuyama Group, I would like towith promise, we will roll out hit products one at a time

start by expressing my deep regret to our shareholders

to gradually build new businesses.

and other stakeholders for the extraordinary loss posted
in 2014, which was due to an impairment loss on polycrystalline silicon manufacturing facilities at Tokuyama
Malaysia Sdn. Bhd. I am pleased, however, that all ofStronger Corporate Governanceour other lines of business were profitable. From thisIn order to improve management transparency, we haveperspective, Tokuyama actually had one of its strongest

enhanced Tokuyama’s corporate governance system by

years in the past decade.

increasing the number of external directors and external

dation of its business, the Group conducts daily main-

auditors to three each, starting this fiscal year. Our goal

tenance of manufacturing equipments and constantly

is to bring more objective input to business manage-

upgrades skills to enable safe, efficient maintenance. We

ment and operations.

Getting Back on the Right Trackare also taking steps to extend Tokuyama’s strengths

Tokuyama exists because customers choose our prod-

The Group is also working to increase the transpar-and improve on its weaknesses, benchmarking against

ucts over that of a competitor for a reason. Customers

We are taking various steps to improve Tokuyama’s

ency of internal business processes. Not only revisingcompetitors. Meanwhile, we are working to enhance ourpurchase when they see value commensurate with thefinancial position. In addition to selling stocks andinternal rules to eliminate inefficient processes, we areenvironmental initiatives, improve production processes,

purchase price, so it is up to us to make clear what that

idle assets, the Group will also seek to grow its ex-

also reviewing decision-making processes to reflect

and further reduce per-unit energy consumption.

value is. We understand that Tokuyama’s survival is de-isting businesses and develop new ones in order tomore outside views and increase speed and transparen-

We believe that these steps will help us eliminate waste

pendent on providing customers with the value they are

increase revenues.

cy, while ensuring the high-quality deliberations it takesof raw materials and energy, which in turn will save energy

really looking for, and that the key to this is thinking andto ensure business success.

and help reduce emissions. This, of course, would represent

acting from their point of view.

In existing businesses, we see clear potential forhigher revenues if we make the most of the outstanding
people, infrastructure, and products we already have.

a significant social contribution.

Born as a technology-driven company, Tokuyama

Approach to Responsible Care and CSR

Ensuring safety and protecting the environment arehas developed—as we served customers over the last

not only part of Responsible Care and essential tocentury—special advantages in certain fields. Now is

corporate social responsibility; they also enable us to

the time to return to our roots. In doing so, the en-leveraging technologies from existing businesses where

In recent years, major accidents have occurred atmake better use of the Group’s assets and be moretire Tokuyama Group will work as one to tap into its

the Group has advantages. We will seek to understandchemical plants in and outside of Japan. As a chemicalcompetitive. Simply put, safety and environmental pro-strengths as a chemical manufacturer and generate thecustomers’ needs and rapidly launch new products to

manufacturer, Tokuyama adheres to the“safety first”

tection are very important to us and positioned at thesort of value that customers can really put to use inmeet them, and beyond that, to anticipate the future

principle. Deeply recognizing that safety is the foun-core of our operations.

their business.

As for new businesses, we will concentrate assets infields where Tokuyama stands out from competitors by

3

Full of Energy, Looking Out and Up

4

Special Feature 1: Achieving Safety Worthy of a "First-Rate Cement Plant"

TOKUYAMA CSR Report and Corporate Profile 2015

Making one Of Japan's Largest
Cement Plants Safer and Stronger
At the Tokuyama Factory's Nanyo Plant, three large kilns yield the highest single-plant production

capacity in Japan. Tokuyama rigorously implements environmental preservation and safety measures,and treats safety as an absolute prerequisite for all operations.

How Tokuyama Ensures Safety at Its
Cement Plant
A cement plant is a very hazardous workplace. Massive

place, these activities also instill an awareness of the needto maintain a clean workplace, which has the added benefit of increasing efficiency.

Information on accidents that haveoccurred is publicly posted.

equipment operates at high voltage and extreme temperatures, and numerous conveyor belts pose further risks. Moreover, a cement plant consumes huge quantities of mineral,

Tokuyama’s Materials Office has beencertified as a “5S model workplace.”

and wastes, as raw materials, which means fine-tuning ofIn our voluntary management initiatives, we are working to installsafety railings on our conveyor
belts. Some have commented thatthe railings are “hard to inspect,”
but we’re moving ahead, with theidea that we’ll go to any length forthe sake of safety.

Descriptions of voluntary management initiatives are publicly
posted so that everyone can see the state of progress at eachcompany division. This generates a spirit of competition, andHands-on learning activity

Foreman,Cement Manufacturing Dept.

Safety Activities Provide a Forum for Active
Communication, and Generate Trust

remotely in a central control room, so it is extremely importWith this in mind, Tokuyama has undertaken many differ-spurs stronger communication within and among company
divisions, which leads to greater trust and cohesion.

ent activities. These include: discussions based on accident

Last year, Tokuyama’s Kiln No. 5 operated for 128 days incase histories to identify the causes of accidents, and preventa row. It is no mean feat for the high-temperature, high-volt-

them; hands-on learning activities to provide experience withity, more than 30 years ago we set about a wide range ofage equipment at a cement plant to operate continuouslymaterials, including waste matter. It is Tokuyama’s painstak-

operation of actual machinery; and “5S model workplace*”

improvements. These tasks have now been implemented atfor so long, because the plant processes huge quantities ofing dedication to safety that enabled this achievement.

activities designed to show how problems and accidents can

the various workplaces under our Cement Manufacturing

be avoided by maintaining a clean and orderly workplace.

Department, and are now being carried out on a continuing

To ensure safety and quality, and to improve productiv-

basis as voluntary management initiatives.

The importance of safety-conscious individuals and thorough information sharing

Problems and Accidents That Have Happened
Both in the Company and Elsewhere Used toEnhance Safety Consciousness

Kenji Tanaka
Manager, Manufacturing Section,
Cement Manufacturing Dept.
During periodic maintenance, morethan 400 workers and dozens of itemsof heavy equipment enter the premises, and ordinary operations takeplace right alongside inspections andrepairs. Hazards therefore increaseon such occasions. Safety patrols,
maintenance meetings, and other suchactivities carried out together with
contractors serve to share informationand ensure safety. At everyday work
locations, as well, information on nearmiss accidents is shared among all
workers, and corrective action is taken
to eliminate latent hazards before theycause accidents.

5

Koji Uchiyama

operations is required. Frequent stops and starts are handled
ant that each worker be very safety-conscious.

Going all out in the conduct of safety
activities＊ The term “5S” refers to the 5S principles (a system in Japan for promoting sorting, setting in order, systematic cleaning,
standardizing, and sustaining discipline).

Building a plant where people are educated so nothing
will daunt themDiscussions of accident case histories are among the volun-

Manufacturing cement involves a lot of complex
processes. If there’s a single person around who
isn’t highly safety conscious, it can lead to a major
accident. The “safety first” ethic is shared throughout the Manufacturing Department, and we’vetary management initiatives carried out at Tokuyama. In these
discussions, we focus on selected accidents that have actually occurred to encourage employees think about whether the
potential for the same sorts of accidents exists, and to devise

taken it to such a height that, no matter who you

measures to prevent them. Our goal is to increase everyone’s
safety consciousness.
We organize hands-on learning activities using actual
equipment so that participants can experience the feel ofdealing with hypothetical hazards. The idea is to instill anawareness of the importance of safety activities.
Our “5S model workplace” activities focus on suchthings as equipment storage locations and quantities. In
addition to ensuring safe passageways through the work-

Kazuhiro Yoshioka

Doctor of Engineering
General Manager,
Cement Manufacturing Dept.

ask about something, you’re going to get the same
response. It’s important to conduct daily operations
on the basis of this ethic.
We have a great personnel training program in
the Cement Manufacturing Department. Veteransprovide instruction right on the production floor.
The trainees take notes, which they take back totheir desks to review. This basically means that each
employee, in addition to the company’s operations
manual, has a Completely original set of teachingmaterials in his or her possession.

I want to declare my determination to createa “first-rate cement plant.” What that means, in aword, is that “no matter happens, we’ll remain undaunted.” It means that we’re self-sufficient, and canact flexibly to make corrections and improvements
in response to a changing environment. To be able
to do that, safety is an absolute necessity.
We broke the record last year for consecutive
days in operation at a cement kiln. We intend to seethat all of our employees keep taking corrective actions and putting forth an effort so that we can continue to operate safely and maintain a zero accident
record. Also, I’d like to see Tokuyama train people
so that they’re prepared to work anywhere in theworld. We’ve begun shipping concrete overseas.
If we cultivate people who can compete overseas,then I do believe we will continue to be a “first-rate
cement plant.”

6

Special Feature 2: Analysis and Evaluation Capabilities Driving Development and Safety

TOKUYAMA CSR Report and Corporate Profile 2015

Advanced Analytical Techniques Support
Development of Safe, Reliable Products
Globalization has triggered increasingly fierce R&D competition, and chemical manufacturers are

expected to exercise Responsible Care. It is the RC Research Department’s cutting-edge analyses andassessments that enable Tokuyama to address these needs so successfully.

Specialists in Analysis and Evaluation,
Environmental Analysis, and Risk Assessments
Q What is the organizational structure of the RC Research
Department ?

Production processes are expected to be safe, with as little
environmental impact as possible. The Company carries out
daily monitoring under the Tokuyama Factory’s safety man-

The critical essence of analysis—
questioning the fundamentals
Shota Honda

agement policy and environmental policy to be sure that pre-Research Chemist, RC Research Dept.

fectural and city discharge standards (which are even more

The RC Research Department has an Environmental Analysis

stringent than national standards) are being met. In addition,

Team and an Analysis and Evaluation Team. The Environmen-

the Company also monitors to ensure that the even-stricter

tal Analysis Team analyzes and monitors the air pollutants

voluntary management standards of each manufacturing di-and effluent that are discharged by the Tokuyama Factory.

vision are being satisfied. Even when all standards are being

This team plays an important environmental protection rolemet, any unusually high reading will be reported to the En-

through its use of advanced environmental analysis and risk

vironmental Management Section and to the manufacturingassessment techniques.

division, which will check on the situation and take any nec-

The Analysis and Evaluation Team, which operates outof the Tokuyama Factory and the Tsukuba Research Laboratory, works together with outside organizations to support development. One way it does this is by assessing theessary response measures.

team contributes to improved product safety and quality.

ed immediately to the production site. Our goal is to improve
production processes and enhance quality. We stay in close
touch with production sites in order to nip problems in the
bud and continue operating stably.

products do not pose safety concerns ?

Developing the trained eye of an analyst
Yoshiyuki Kitajima
General Manager, RC Research Dept.
As an analyst, you need two different
skill sets. You have to have expertiseas an analyst, and you also have to beable to decide what is to be analyzed
and how to go about it. To developthese skills to the highest level, youhave to be able to think about how
your analysis will be put to use in the
Company’s operations. I want to train
people with this type of ability.

Counterproposals Lead to Breakthroughs

Contributing to Neighboring Residents’ Safety
and Peace of Mind
Q You’re expected to maintain the impartiality of a third
party, right ?

One example of our support role would be the manufacture
dients in generic drugs. The first step in the R&D process is
to analyze the original drug and determine what the active

same as those of R&D ?

the R&D and manufacturing departments. And in doing so, we
contribute to the Company and to society.

A development partner that isuseful for its unique perspective
The Fine Chemicals Development
Department at Tsukuba ResearchLaboratory develops bulk pharmaceuticals for generic drugs. To
make bulk pharmaceuticals thatsion, and set your objectives. Also, if you discover impurities
during the course of development that could cause sideand find a way to reduce impurities. The R&D department

ence of harmful substances on the factory premises and inalso does analysis, but we are the ones who specialize inthe air. Also, for substances requiring priority action—whichanalysis and evaluation.

Q So analysis drives R&D ?
As an in-house research department, the RC Research Department is valuable to Tokuyama not just because it provides
the results of its analyses. In addition, our laboratory can also
take the findings from an analysis and put forward a counterproposal for a solution.

7

Q So, I guess we could say that your objectives are thecan decide how to approach the making of a generic ver-effects, you then have to determine the molecular structure

their presence.

Advanced Analytical Techniques Yield
Contributions to Tokuyama and Society

ingredients are. Once the active ingredients are known, you

The Tokuyama Factory is located near a residential area. To

developed analytical techniques, and voluntarily measuretions and methods in order to arrive at a solution.

R&D process ?

gain the trust of neighboring residents, we measure the pres-may eventually subject to regulatory restrictions—we havetion of the data, together we can change the analysis condi-

Q What kind of support role do you play in theof bulk pharmaceuticals, which constitute the active ingre-

Q What is Tokuyama doing to ensure that its chemical

meaning of the data. Having collaborated on an examina-

evaluation techniques, we make ourselves indispensable todiscovered ?

Whenever a reading is out of the ordinary, feedback is provid-

feedback, including an explanation of how to interpret theThat’s exactly right. By further enhancing our analysis and

Q So even the tiniest anomalies at a production site aresafety of new compounds. In this and many other ways, thisCommitment to Responsible Care

When someone comes to you needing
analytical support, the key thing you’ve
got to do is to ask questions about
the fundamentals. If you know whatsomeone is really trying to achieve,
you’ll just naturally see what analyticaltechniques will be needed. I want todevelop my analytical skills, one day at
a time, one small job at a time.

When we see value generated that is different from theresults of analysis done by the R&D department, we provide

Hiroyuki Mori

Researcher, Fine Chemicals
Development Dept.

perform even better than thoseused in the original drug, we haveto achieve a purity level of one
part per billion. When working
to explore synthetic routes or
reduce impurities, analysis andevaluation are indispensable ateach step of the development
process. Our Analysis and Evaluation Team comes up with analytical methods that reflect a totallydifferent perspective from oursin the Development Department.
That’s very helpful.

8

Tokuyama’s Pervasive Contribution to Everyday LifeTOKUYAMA CSR Report and Corporate Profile 2015

Leveraging the Power of Chemistry toCreate a Safer, More Comfortable Future

Information and Electronics

Lifestyle Goods and Healthcare

Tokuyama’s aluminum nitride ceram-

Soda ash produced by Tokuyama is

ics feature superior thermal conductivity.

used as a raw material for glass, soap,

cement is essential for the develop-

They help to improve the performanceand detergent, and as carbide in thement of society and public safety. Atof semiconductors used in motor vehi-

manufacture of food products.

its cement plants, Tokuyama is reusing

cles, home appliances, LED lighting, andTokuyama conducts its business activities with an eye to delivering benefit to people and value tosociety at a level befitting a world-class chemical manufacturer.
Tokuyama has identified three growth sectors: information and electronics, environment andenergy, and lifestyle goods and healthcare. Across these fields, the Company’s Chemicals,
Specialty Products, Cement, and Life & Amenity businesses are working to create new potential,
deliver outstanding products, and make a unique contribution to society.

Environment and Energy

As a basic material for infrastructure,industrial wastes as raw materials ora wide range of industrial machinery.

Tokuyama’s microporous film, which

Tokuyama also holds the top market

repels water but still allows air and mois-

share in Japan for polycrystalline silicon,

ture to penetrate, forms the back sheeta raw material for the silicon wafers usedfilm of paper diapers used by people of

to make semiconductor products.

all ages, from infants to seniors.

fuel, thereby helping to promote a recycling-oriented society.
Tokuyama also produces liquid hydrogen, which is a byproduct of its caus-

The safe, high-quality bulk pharma-

tic soda manufacturing process. Thereceuticals—active ingredients for genericare high expectations for the usage ofdrugs—which Tokuyama produces us-hydrogen as a future energy source.

ing its organic synthesis technologies
are contributing to the health of many
people.

Personalcomputers

Large amounts of polycrystalline silicon are used in the production of solar
batteries, and in this way the Company is
helping to promote renewable energy.

Glass

Recycling

CementElectronicequipment
Glasses

Packagingﬁlm
DentalmaterialPowersemiconductors

Drugs

Solar cells

CellularphonesChemicals Business → P.11

Hydrogen

Diapers

Specialty Products Business → P.12

Cement Business → P.13

Life & Amenity Business → P.14

910

Tokuyama’s Products

TOKUYAMA CSR Report and Corporate Profile 2015

Providing Materials Essential
for a Wide Array of Industries

Chemicals
Business

Soda Ash and Calcium Chloride Business

Soda ashCalcium chloride (liquid or granular)
Sodium bicarbonate

Tokuyama produces a large number of materials that industries depend on to
make the products which support modern lifestyles. The Company’s chemical
products are transformed into many different types of products which help
people accomplish better lives.

Soda Ash

Caustic Soda

Chlorine Derivatives

Isopropyl alcohol (IPA)

Electronic Materials BusinessFumed Silica Business

Polycrystalline Silicon

Fumed silica
High-purity fused spherical silica

Aluminum Nitride

Chemicals for Electronics
Manufacturing

SHAPAL Business

High-purity aluminum nitride powder andgranulesAluminum nitride powder for fillers

Chlor-Alkali and Vinyl Chloride Business

Caustic soda (liquid or flakes)
Methylene chloride
Propylene oxide (PO)Ethylene dichloride (EDC)
Vinyl chloride monomer (VCM)

IC Chemicals and Cleaning System Business

High-purity chemicals for electronics
manufacturing (TOKUSO IPA SE, METACLENE SE)
Positive-type photoresist developer
METACLENE®, YUTORUNA®

Soda ash is a raw material
used in the production of glass,detergent, food and beverage
additives, steel, and inorganic
chemicals. Tokuyama is the
only Japanese producer ofsoda ash for use in food additives.

Caustic soda is used in the
manufacturing of paper, synthetic fibers, food seasonings,
soap, aluminum, and otherproducts. Tokuyama has Japan’s second highest production capacity for caustic soda
at a single production site.

Chlorine, hydrochloric acid,and other chlorinated substances are produced throughthe electrolysis of brine, andare used in the production of
polyvinyl chloride, urethane,and various kinds of solvents,
as well as items such as tap
water disinfectants.

®

Tokuyama’s technology for
extreme purification makes it
possible to achieve high performance in the key materials
for semiconductor substrates.
Tokuyama boasts the best
quality in the world, and few
can match its production capacity.

Used as heat-dissipation materials in advanced devices suchas LEDs and optical transmission systems, aluminum nitride
ceramics support stable operation of the chips used in suchdevices. Tokuyama enjoys theworld’s top market share of
powdered aluminum nitride.

Extremely high purity is demanded of the chemicals used
for cleaning in electronics
manufacturing. In response tothese advanced requirements,
Tokuyama provides various
kinds of high-purity chemicals
for electronics production applications, including IPA.

Highlight
Tokuyama Corporation and Central Glass Co., Ltd. jointly established TOKUYAMA & CENTRAL SODA Inc. in March 2014, and the company began marketing soda ash and calcium
chloride the following October.
Central Glass Co. discontinued production of soda ash at the end of May 2015, whichleaves Tokuyama as the only producer of soda ash in Japan. The Tokuyama Factory
has therefore been operating at full capacity since April to provide a stable supply of
the product.

TOKUYAMA & CENTRAL SODA Inc. is responsible for supplying products to customers.

This bag holds a one-ton
shipment of soda ash.

Upgrade of Production Facilities
for High-Purity Aluminum
Nitride Powder

Highlight

Establishment of TOKUYAMA &CENTRAL SODA Inc.

Tokuyama’s specialty products and technologies are among the world’s best for
enabling the extremely high performance of today’s semiconductors, which are
the central components powering cutting-edge electronic devices and are usedin products such as smart phones, flat-screen televisions, and hybrid vehicles.

Polycrystalline silicon

New Organic Chemicals Business

11

Driving the Evolution of IT
and the Future of Energy andEnvironmental Technologies

Specialty
Products
Business

Aluminum nitride powder—which features high thermal conductivity, high strength, and athermal expansion coefficient close to that of semiconductor silicon—is expected to finda growing range of applications in the heat dissipation market (e.g., power devices, LED
lighting, and semiconductor devices).
In March 2015, Tokuyama installed additional plant equipment at the Tokuyama Factory to meet an anticipated increase in demand. The Plant now has an annual production
capacity of 480 metric tons.

Aluminum nitride powder (20μm)
for fillers

Newly installed plant
equipment at Tokuyama
uses a proprietary reduction-nitridation techniqueto produce high-purity aluminum nitride powder.

12

Tokuyama’s Products

TOKUYAMA CSR Report and Corporate Profile 2015

Promoting a Recycling-Oriented
Society with Recycling Technologies
That Are Ahead of Their Time

CementBusiness

Drawing on the Full Potential ofChemistry to Make People’s Lives
Healthier and More Comfortable

Life andAmenityBusiness

Tokuyama is also engaged in the fields of healthcare and hygiene, providing
countless people around the world with high-quality lifestyle and medical products that help make every day healthy and comfortable.

Tokuyama works to help maintain and improve social infrastructure by supplying good-quality cement, and promotes a sustainable society by reusing industrial waste as a raw material in its cement production.
Cement Business

Fine Chemicals Business

Portland cement
Cement for dam construction
Blast furnace slag cement
Ready-mixed concrete
Cement-type stabilizer
Plaster sheets for interior and inkjet
printing

Cement Business

Recycling and Environment-Related
Business

Pharmaceutical ingredients andintermediates for drugs
Plastic lens-related materials

Microporous Film

NF Business

Plastic Lens-RelatedMaterials

Bulk Pharmaceuticals

Microporous film
Products made by group companies

Recycling and Environment-related Business

Utilization of waste plastic for fuelUtilization of incinerated ash as a raw
material for cement
Recycling of waste gypsum boards
Operating the second-largest single cement
plant in Japan, Tokuyama produces ordinary andearly-strength cement, moderate-heat Portland
cement, and blast furnace slag cement. It also
produces products such as cement soil stabilizers
for reinforcing soil.

Tokuyama uses waste matter as a raw material
for cement. The Company captured the spotlight when it became the first in the world in theindustrial waste processing industry to adopt a
continuous re-crystallization technology for therecycling of waste gypsum board.

Polyolefin film
Reagents, analyzers and systems forclinical tests
Dental materials and equipment
Electro-dialyzers and ion exchange
membranes for desalination andcondensation
Sensing elements and devices
Plastic window sashes and related
products, and residential construction
materials

Microporous film repels water
but allows air and moisture topenetrate and is used in moisture-absorption and drying
agents, disposable heat pads,
and back-sheets for disposable
diapers.

Photochromic dye materials
protect the eyes from the sun’sultraviolet rays. In addition,
Tokuyama’s hard-coating solutions improve abrasion resistance on the surface of lenses
and are used worldwide.

Tokuyama produces pharmaceutical ingredients andintermediates for drugs. The
Company is contributing tohigh-quality medical care as agood partner to pharmaceutical makers by ensuring a stablesupply of high-quality compounds.

13

Highlight

A roadway being paved

In September 2014, Figaro Engineering Inc., a Tokuyama Group company, released theTGS 8100, an air quality sensor that uses a gas sensing chip1 featuring MEMS2 technology.
This stunningly energy-efficient product is one of the smallest in the world, and also has
one of the lowest levels of power consumption, at just 15mW. The TGS 8100 can be usedin smart phones, wearable devices, and other mini-devices that until now could not easily
be fitted with a gas sensor. The result will be products that are useful in people’s daily lives,
as well as innovative new and technologies and services.

Tube-type
Print-type
Low power consumption

The Tokuyama Group’s Seibu Tokuyama Ready Mixed Concrete Co., Ltd. provided its
quick-hardening concrete product,“1 Day Pave,”to pave the streets of Shunan City, Yamaguchi Prefecture.
Developed with technical assistance from Tokuyama’s Cement Development Department, this concrete pavement is more wear-resistant than asphalt, and takes just 24 hours
to dry and harden, as opposed to the two weeks needed for other products. This productcan also be used for roadways that carry heavy traffic. The Tokuyama Group will continue
developing its technologies and expanding sales so that concrete pavement will come into
wider use.

Figaro Engineering Develops
World-Leading Air Quality Sensor

Seibu Tokuyama Ready Mix Concrete
Lays Quick-Hardening “1 Day Pave”
Concrete on Streets of Shunan City

Highlight

Micro-beads

Year of introduction

1. A gas sensing chip is capable of detecting the presence of gas at a concentration of just one part per billion, and is thus far moresensitive than an electric or chemical sensor. In addition to gas alarms, gas sensing chips are used for disease detection and otherapplications in health, medicine, and many other fields.
2. Micro Electro Mechanical Systems (MEMS) are miniaturized systems that include mechanical and other structures on a single chip.

14

The Tokuyama Group’s CSR

Pursuing Corporate Social
Responsibility by Practicing
Socially Responsive
Management

TOKUYAMA CSR Report and Corporate Profile 2015

Basic Philosophy of Tokuyama’s CSR-Oriented
Management
Tokuyama approaches its CSR activities in accordance witha basic philosophy of continuously working with society tobuild a sustainable future and practicing corporate conductthat is evaluated highly by its various stakeholders, namely,
shareholders, customers, employees, trading partners, communities and society as a whole.

Aiming to be a company that is always trusted by society, Tokuyama has organized its management system toprovide a foundation for conducting fair and impartial
business activities, and is pursuing CSR-oriented management encompassing measures to ensure complianceand implement Responsible Care activities.

Tokuyama’s Approach to CSR

Tokuyama has created the above symbol for CSR promotion. Depicting a sunflower, the symbol is intended toconvey the Company’s active, healthy and honest stancetoward CSR. Under this symbol, the Tokuyama Group will
not only pursue compliance and efficiency in its business
operations, but will also work to develop into a vibrant,sound corporate entity that is socially and environmentally
beneficial and is trusted by all stakeholders.

At the Tokuyama Group, our efforts to fulfill our socialvery hard to ensure safe operations. Building on manyseek to leverage chemistry to create useful value forpeople’s daily lives. The Tokuyama Group pursues

ronmentally friendly management, striving to reduce

to do business in a socially responsive manner, as we

our customers to build a more sustainable world.

trols and steadily implement compliance and risk
management, while working to further strengthen

We aim to transform Tokuyama into a company withFoundationally, we have established internal con-

Akihiro Hamada

years of Responsible Care activities, we practice envienergy consumption and conducting a recycling business with our cement factory.
Tokuyama is also pursuing human resource-based

CSR with accountability to society, while working with

Director Responsible for the Corporate
Social Responsibility Division

In addition, safety is our top priority, and we work

responsibilities are guided by the firm determination

Tokuyama’s corporate governance.

management as a means of increasing job satisfaction and tapping into the power of human resources.

a spirit of“Venture & Innovation”—one that is trusted
by society and consistently chosen by customers.

practices“management that is responsive to society”in order

CSR Promotion Council

Helpline Committee

to earn the trust of all its stakeholders.

Chaired by the president, the membership of the CSR Pro-The Helpline Committee was set up as a whistleblowing≫ Corporate Governance Framework

motion Council is composed of all executive officers working

channel to enable internal reporting of legally questionable

Board of Directors

within Japan. The Council sets CSR-related policies and goals,

actions and behavior.

and deliberates on important matters concerning internal

Tokuyama is working to establish a CSR implementation

Tokuyama’s Board of Directors deliberates and makes deci-control systems, which constitute the basis for CSR activities.

framework that gives equal weight to ensuring sound cor-sions on important matters concerning the execution of theporate governance, securing compliance, strengthening

Company’s business while supervising business operations.

Risk Management and Compliance Committee

risk management, and implementing Responsible Care

The Company adopted an executive officer system in April

Operating under the CSR Promotion Council, the Risk Man-

activities. In addition, the Tokuyama Group has formulated

2011 and appointed three external directors for the pur-agement and Compliance Committee is chaired by the

its Code of Conduct and Five Conscience Clauses for all

pose of strengthening the supervisory function of the Board

director responsible for the Corporate Social Responsibility≫ Framework for Ensuring Risk Management and Complianceemployees and officers, seeking to keep growing as aof Directors.

Division. The committee takes the initiative in promoting risk

With an eye to ensuring proper risk management and compli-

management and compliance, which are both core elements

ance, Tokuyama has established the CSR Promotion Council,

of internal control systems.

which comprises seven committees: the Financial Reporting

Tokuyama pursues CSR initiatives in accordance with its basic
philosophy of CSR-oriented management and basic policy of“management that is responsive to society.”group that is trusted by society and consistently chosen
by customers.

Corporate Governance

Audit & Supervisory Board

Compliance Committee, Information Security Committee,
Environmental Measures Committee, Safety Measures Com-of corporate governance. By fulfilling the highest standards ofthe Human Resources Committee holds discussions on suchcorporate ethics, strictly complying with laws and regulations,matters as remuneration for directors and executive officers

and carrying out routine inspections and periodic reviews,

and the selection of candidates for director and executive

Tokuyama works to increase its corporate value. With an

officer positions.
Executive Committee and Strategy Committee
The Executive Committee, comprised of executive officers selected by the president, meets twice a month to discuss andmittee, and Product Safety and Quality Assurance Committee.

Corporate Governance Structure

Shareholders’ Meeting
Appoint/dismiss

Audit

Human Resources Committee

Executive Committee① Comply with laws, regulations and internal rules

pros and cons of pursuing certain businesses and the manner

Strategy Committee② Conform to the Tokuyama Group Code of Conduct

in which they should be executed, to assist the president in⑤ Maintain standards that can be spoken of with pride in front of family members and coworkers

Decide/supervise

Appoint/dismiss

Appoint/dismiss

Accounting Auditors

Whistle-blowing
SystemAudit & Supervisory Board
Collaborate
Audit & Supervisory Board Members

Audit

Helpline

Audit

Business Operations

finalize key strategies adopted by the Board of Directors. The

determining the direction of business objectives.

ReportBoard of Directors

Strategy Committee discusses important matters such as the④ Earn the respect of society and general consumers

with responsibility for internal auditing.

members oversee the execution of duties by the directors.

Comprised of representative directors and external directors,③ Justify the trust of customers and trading partners

Responsible Care Management Department and tasked themand decides on important matters related to auditing. Its

The management of a corporation rests upon the foundation

Our behavior shall:

Tokuyama has established the Auditing Department and theCommittee, Fair Trade Compliance Committee, Foreign Trade

Human Resources Committee

Tokuyama Group’s Five Conscience Clauses

Departments Responsible for Internal Auditing

Tokuyama’s Audit & Supervisory Board reports on, discusses,≫ Basic Approachawareness of its corporate social responsibility, Tokuyama

15

Aiming to be trusted by society and consistently
chosen by customers

Helpline Committee
President
Departments Responsible
for Internal Auditing
Auditing Dept.
RC Management Dept.
Internal audit

CSR Promotion Council
Risk Management and Compliance Committee
Seven Committees Handling ImportantCompanywide Issues
Instruct / educate /raise awarenessBusiness Divisions, Back-Office Divisions, Research Laboratories, Factories and Group Companies

16Responsible CareTOKUYAMA CSR Report and Corporate Profile 2015

Responsible Care Evaluation andManagement System

Protecting the Environment,
Ensuring Safety, and Promoting
Good Health for People andLocal Communities

Responsible Care activities are an essential componentof Tokuyama’s corporate social responsibility. Tokuyama
has put in place companywide infrastructure for promoting
Responsible Care, and is incorporating this initiative in eachof its management systems as it strives to continuously
improve its environmental, safety, and quality systems.

servation, resource recycling, and waste reduction.

specific plans based on these policies and goals. The results≫ ISO 9001 Quality Management System

of initiatives are evaluated at the end of each fiscal year andTokuyama has acquired ISO 9001 certification for its quality

incorporated in plans for the following fiscal year. Tokuyama

management system, which has been operating since fiscal

is currently carrying out Responsible Care activities under a2002 as a company-wide system encompassing sales, devel-

three-year plan launched at the beginning of fiscal 2015.

opment and all other operations.

Operation of Management Systems
The Company’s Tokuyama Factory and Kashima Factory

places. In fiscal 2005, the Tokuyama Factory expanded its

Responsible Care Committee has been set up under the Ja-

have acquired ISO 14001 certification. Each factory sets ansafety management system by incorporating a broader range

pan Chemical Industry Association (JCIA). As of April 1, 2015,environmental policy and goals in line with Tokuyama’s com-of safety-related activities.

CSR Promotion Council

Assessment Function

Decision-Making Function

Product Assessment

Environmental Measures

Committeehas beenoriginal Subcommittee
members of the organization, Tokuyama

Product Safety and Quality
Assurance Committee

Framework for Promoting Responsible
Responsible Care Management
RC Research Dept.
Care
Dept. (Secretariat)(Support organization)

chemical substances undertake measures for protecting theenvironment and ensuring the safety and health of society.

set up the Environmental Measures Committee, Safety Mea-

It covers all operations, from the development of chemicalsures Committee, and Product Safety and Quality Assurance

substances to their manufacturing, distribution, usage, final

Committee as decision-making bodies, and the Product As-

consumption and disposal. Responsible Care also encourages

sessment Subcommittee and several other subcommittees as

the public disclosure of these activities along with dialogue

assessment organizations.

Basic Philosophy of Responsible Care
Basic Policy

As a member of the Japan Responsible Care Committee,
Tokuyama Corporation carries out Responsible Care activities that protect the environment and preserve safety andhealth throughout the entire chemical substance life cycle,
from development and manufacturing to distribution, use,
final consumption and disposal.
Our social mission is to aggressively tackle and systematically solve environmental issues in particular, which, in turn,will lead to sustainable corporate and social development.
Based on this recognition, we promote Environmental
Management, a management policy that emphasizes theenvironment, in all of our business activities, including development, manufacturing and sales.

RC Activity Evaluation and Management System(Environmental Preservation)

CSR Promotion Council

Safety Measures Committee
Safety and Environmental
Assessment Subcommittee

Product Safety and Quality
Assurance Committee

RC Research Dept.
(Support organization)

Responsible Care Management
Dept. (Secretariat)

This laboratory carries out environmental measurements, working environment measurements and ultra-trace
analysis of substances under regulationand chemical pollutants

This department promotes RC activities throughout the Group, covering
the areas of the environment, safety
and quality.

• Implement an ISO 14001-based Environmental
Management System and reduce environmental impact

Environmental Impact
Reduction Goals
Incorporate assessment results into goals andplans for the following fiscal year

Environmental Measures
Committee

Environmental Management
Plan

Environmental
Management Activities

Medium-Term Environmental
Plan

ISO14001
Environmental Management
SystemSafety and Environmental
Assessment System

Assessment of Activities

Action Objectives
1. Promote environmental protection

RC Activity Goals

Product Assessment
Subcommittee

health and safety management systems at each of its work-

the committee had 111 corporate members. As one of theThis laboratory carries out environmenThis department promotes RC activTokuyama
hasworking
establishedof organizations
thattalmeasurements,
environ- a number
ities throughout
the Group, covering
ment measurements and ultra-trace
the areas of the environment, safetypursue concrete initiatives under andits quality.
CSR Promotion Council,
analysis of substances under regulation
andchemicalpollutants by the company president. Specifically, it
which
is chaired(Labeling Assessment Subcommittee)

Guidelines issued by JCIA, Tokuyama operates occupational

currently used in 52 countries around the world. In Japan, aWhat Is Responsible Care?

Decision-Making Function

In accordance with the New Occupational Health and Safety≫ ISO 14001 Environmental Management System

Safety and Environmental
Assessment Subcommittee

Assessment Function≫ Occupational Health and Safety Management Systems

sible Care initiative originated in Canada in 1985, and iscommittee’s founding in 1995.

Responsible Care Promotion Structure

head office, branch offices and research laboratories also set
policies and goals, and pursue such activities as energy con-(Labeling Assessment Subcommittee)

through which companies that manufacture and handle

energy, reduce waste, and recycle resources. Tokuyama’s

Care activities, Tokuyama sets policies and goals for eachactively implementing Responsible Care
since theSafetyactivities
Measures Committee

Responsible Care is a voluntary management initiative

tivities intended to alleviate environmental impact, conserve

Working on the basis of its medium-term plan for Responsible
fiscal year. Individual departments then create and carry out

and communication with members of society. The Respon-pany-wide environmental policy, and undertakes related ac-

RC Audit System
Environmental Accounting

2. Observe the laws and regulations• Observe international rules, domestic laws andregulations and industrial standards• Thoroughly implement export management rules onmaterials under control
3. Promote energy conservation and curb global warming

4. Promote resource recycling and work toward reduction
and the proper management of waste materials• Promote the material recycling and thermal recycling ofresources• Work toward achieving a paperless office
5. Promote process safety, disaster prevention andoccupational health and safety• Aim for zero accidents and disasters based on theprinciples of self-responsibility and the self-managementof safety• Achieve a comfortable working environment and protect
people’s safety and health
6. Ensure strict product safety standards• Offer environmentally friendly products that can be usedwith safety• Provide proper information on how to use products andwhat precautions to take
7. Deepen the relationship of trust with society• Publicly disclose information on the Company’s activities
concerning environmental protection, process safety anddisaster prevention, occupational health and safety, andchemical product safety• Actively engage in dialogue with the local communities• Achieve top-class unit energy consumption in theindustry for each productEnvironmental Performance17

18

Responsible Care

Assessment Systems

TOKUYAMA CSR Report and Corporate Profile 2015

≫ Safety and Environmental Audits
Tokuyama conducts safety and environmental audits on

Priority Tasks and Results of Responsible Care Activities in Fiscal 2014

Degree of target achievement: Achieved (A) Not achieved (B)Category

Priority Tasks

Results

達成度

Management

Review of Responsible Caremanagement by top managers● Held meetings on promoting CSR

AA

Environmental
Conservation● Comply with legal require-● Strictly complied with legal requirements

AA

an annual basis in order to verify the applicability of its enTokuyama has set up several assessment systems in an effort

vironmental conservation management and accident- andto reduce environmental- and safety-related risks.

disaster-prevention measures. Led by the director chairing the≫ Safety and Environmental Assessments

Safety Measures Committee and the Environmental Measures
Committee, auditing teams inspect each workplace, including

Tokuyama conducts safety and environmental assessments

the Purchasing & Logistics Department, Health Management

before newly installing, expanding or modifying any of its fa-

Center, and all organizations subject to inspection under Ja-

cilities. The Company checks the safety design of equipment,

pan’s High Pressure Gas Safety Act. The results of the audits

the safety level of materials to be handled, compliance withare compiled in reports and distributed to all departments

laws and regulations, impact on the environment, and otherconcerned along with the company president.

factors. The assessments are conducted at the three separate
stages of basic plans, designs, and preliminary operations.

≫ Product and Labelling Assessments≫ Audits by Third Parties
Tokuyama undergoes ISO 9001 and ISO 14001 examinations. In January 2015, the examination for renewal of ISO

Tokuyama confirms product safety at each stage of op-

9001 certification identified three issues, and the Company

erations, from the initial research and development stage

is dealing with each accordingly. Likewise, examinations forthrough to market release. The assessments confirm compli-

renewal of ISO 14001 certifications were carried out at theance with legal requirements and evaluate the level of various

Tokuyama Factory in October 2014 and the Kashima Factoryrisks, including the safety of chemical substances used inin December 2014. One issue was identified, and the facto-

the product, their potential impact on the environment, andries are now working on remedial measures.

their effect on human health. The Company also checks alllabelling in documents such as product catalogs, safe han-

≫ Internal Audits

dling manuals, and safety data sheets* in order to ensure that

In accordance with its occupational health and safety manage-

instructions and warnings are complete and accurate.

ment system as well as ISO 9001 and ISO 14001 standards,＊A safety data sheet is a document for recording information related to the risks
and toxicity of chemical substances. It is prepared to facilitate the safe handling ofsuch substances, and includes the names of the substances, safety measures, andprocedures for responding to emergencies.

Responsible Care Implementation
Infrastructure and Management System
Operations

Tokuyama periodically conducts internal audits covering the

Safety and Accident
Prevention
Occupational Healthand Safety

progress of its action plans and the status of system operations. If problems are uncovered, they are reported, relevant
personnel are notified, and remedial measures are taken.

ments and other regulations● Achieve zero environmental accidents● Achieve targets for
reducing environmental
impact- Reduce emissions of
substances that affectthe environment- Conserve energy- Maintain “zero emissions” of waste● Continue making improvements to environmental
management systems● Ensure no accidents ordisasters occur● Enhance safety management systems● Promote risk management and hazard management● Promote physical andmental health

Education and Training

An auditing system verifies that each of Tokuyama’s work-

Tokuyama provides all employees with general training onplaces carries out its respective activities in an appropriate

Responsible Care within its multi-tier group educational pro-manner in accordance with company-wide policies.

grams. Personnel involved in environmental management,
safety management, occupational health and safety, andquality management are provided practical education in eachof these respective management activities.

Chemical Product
Safety● Ensure the safety of

products● Conducted safety, environment, and quality audits● No environmental accidents● Reduced emissions of substances that affect the environ-ment
Atmospheric emissions- Reduced SOx and NOx emissions- Reduced soot emissions
Water quality- Reduced chemical oxygen demand (COD) as well as
nitrogen and phosphorus emissions.
Pollutant release and transfer register (PRTR)- Slight increase in emissions of PRTR substances● Promoted energy conservation- Reduced per-unit energy consumption- Maintained effective utilization of waste rate of 94%● Maintained landfill to total waste rate of 0.1%
● Continued to improve environmental management systems- Reviewed/simplified documents and systems- Internal audits and third-party audits carried out● Achieved another year free of facility accidents● One accident that required an employee to miss work, andfour that did not
One contractor accident that required an employee to misswork, and one that did not● Enhanced safety management systems- Discussed risk assessments for irregular operations- Strengthened near-miss activities- Utilized/shared safety-related information● Promoted risk and hazard management- Conducted various kinds of drills- Tested a BCP based on a major earthquake in the Tokyo
metropolitan area
- Tokuyama Factory: Discussed emergency plans for apotential major earthquake in the Nankai Trough● Promoted physical and mental health- Encouraged health awareness among employees- Implemented health management focusing on addressing
mental health issues and lifestyle diseases● Conducted inspections of products and labelling● Revised safety data sheets● Actively participated in the JIPS*● Addressed regulations on chemicals in countries outsideJapan

Safety and environmental audit at Kashima Factory (November 6, 2014)19

Kiken yochi hazard prediction training

Build Relations ofTrust with Local
Communities andSociety● Participate in community

PromoteResponsible Care to
Group Companies● Expand the scope of Re-

events● Establish a good reputation in societysponsible Care activities

A
A
A
A
A
A
A
A
A
A
B
B
A
A
A
A
A
A
A
A
A
A
A

● Held dialogues with the community on Responsible Care
● Held factory tours

A
AA● Conducted safety, environment, and quality auditsA● Participated in community volunteer activities● Distributed information related to Responsible Care

- Provided monthly information via an online newsletterA＊ JIPS: The Japan Initiative of Product Stewardship is an initiative spearheaded by the Japan Chemical Industry Association with the aim of facilitating the independent management of chemicals. Its members collect and analyze information on the hazardous properties of chemical substances and products in order to carry out risk assessments
incorporating data on their usage and applications, comparing levels of exposure and safety. The risk assessment results provide a basis for proper chemical substance management aimed at ensuring workers’ occupational safety, protecting consumers, and reducing environmental impact. The outcomes of such management activities are thendisclosed to the general public and suppliers across the supply chain.

20

Staying in Step with Society

TOKUYAMA CSR Report and Corporate Profile 2015

Tokuyama’s Commitment to
Occupational Health and Safety

Accident Prevention and Occupational Health and Safety

Forging Strong Ties with Local
Communities while Buildinga Positive, Safe,
Accident-free Workplace
Recognizing that safety is the basis for its business activities, Tokuyama practices safety as the first step tomaintaining good relations with the communities in which it
operates. Based on this approach, the Company carries out
stringent accident prevention measures and occupational
health and safety initiatives in its efforts to create a positiveand safe work environment that is free of accidents.

Tokuyama’s Commitment to Safety and
Accident Prevention≫ Comprehensive Safety and Accident-Prevention Measures≫ Improving Safety Management Systems
All of Tokuyama’s worksites conduct risk assessments covering operations, equipment, and processes, and continuously
implement and make improvements in order to completely
eliminate potential risks. In fiscal 2014, the Company improved safety management systems to ensure that every
phase, from planning to result, is fully managed. The Company≫ Disaster Drills

also strengthened its reporting on near-miss accidents andDuring a BCP drill based on the scenario of a major earthquake hitting the Tokyo
metropolitan area (December 15, 2014)

incorporated identified issues in its new risk assessments, andTokuyama held an emergency drill to test the viability of its

is now addressing these issues. In light of serious accidents at

To raise health awareness among employees, Tokuyama

business continuity plan (BCP) in the event of an earthquake

other companies’ chemical plants in recent years, Tokuyama

has its employees take part in a monthly Smart Life Program

hitting Tokyo. The drill involved the Tokyo Head Office,has begun revising its risk assessment methods to take into

activity, which involves the filling out of a health improve-

the Tokuyama Factory, the Kashima Factory, the Tsukuba

consideration non-routine tasks (including unusual situations),

ment self-evaluation. In addition, Tokuyama provides its

Research Laboratory, and various group companies. The

since most of the recent explosions happened during irregular

employees with one-on-one health counseling that incor-

Company has carried out various training activities. These

operations, such as facility maintenance work or emergency

porates the results of medical checkups.

include disaster drills for pipe leaks and fires caused by an

shutdowns and startups.

earthquake, emergency drills at individual company divisions,

As for mental health, the Company carries out Webbased diagnostic surveys of work-related stress for all em-

joint drills involving affiliated companies and contractors, and≫ Helping Contractors Promote Health and Safety

workplace safety competitions.

Tokuyama and its contractors carry out the following initia-

ployees, and provides support to employees who appear totives to promote health and safety: (1) joint safety meetings

Tokuyama has adopted three principles for ensuring safety: fulfill≫ Working to Maintain Workplace Safety and Ensure No
Accidents

the obligations of a good corporate citizen, give safety priority

Fiscal 2014 marked the seventh consecutive year in which no

construction work and to improve unsafe situations; (3)over all business activities, and ensure that everyone is aware offacility accidents occurred at the Tokuyama Factory, the thirdsupervisory skills training, and hazard simulation training

their responsibilities and acts accordingly. Based on these basic

consecutive year at the Kashima Factory, and the 17th consec-

to improve risk handling techniques; and (4) checking ofsafety principles, the Company carries out exhaustive measures

utive year at the Tsukuba Research Laboratory. However, two

operating procedures, and implementation of kiken yochi

for ensuring safety in manufacturing activities and at its facilities.

accidents requiring employees to miss work occurred at thehazard prediction activities.

for safety education and information sharing on situations

need further attention.
＊ Control Class I: At almost all worksites (95% or more), the concentration of harmful airborne substances does not exceed the control concentration.

on the production floor; (2) safety patrols to ensure safe

Specifically, worksites conduct safety patrol operations and kiken

Tokuyama Factory, and accidents not requiring employees toyochi hazard prediction activities, practice the 5S principles (seemiss work also took place at the Tokuyama Factory (five acci-≫ Promoting Sound Physical and Mental Healthpage 5), and use a point-and-call method for affirming onsite

dents) and the Kashima Factory (one accident). Looking ahead,

At worksites where harmful substances are handled,conditions. The Company is also working to improve its safety

Tokuyama will continue making steadfast efforts to prevent

Tokuyama ensures that local exhaust ventilation is kept inmanagement system in order to prevent problems and accidents.

accidents or disasters from happening at its worksites.

proper working order, and has maintained its Working Envi-

Expenditures for Accident Prevention andOccupational Health and Safety

Earthquake and natural disastercountermeasures24（11％）

Occupational health andsafety measures66（31％）

Fiscal 2015 Company-Wide Safety Management Policy

Recognizing that safety is the basis for its business activities,
Tokuyama practices safety as the first step toward maintaining
good relations with the communities in which it operates.

Our Three Safety Principles
Safety for the community
We shall fulfill the obligations of a good corporate citizen.
Prioritizing safety
We shall give safety priority over all business activities.
Responsibility for safety
We shall ensure that everyone is aware of their responsibilities
and acts accordingly.

Policy Objectives◦ Comply with legal and regulatory requirements as well ascompany rules.
◦ Build a safety culture of accident-free operations and ensure
safety of facilities and people onsite and in the community.

21◦ Create comfortable workplaces to ensure the mental andphysical health of the people who work there.

Key Action Items
Improve safety management
Address recertification of high-pressure gas operations,strengthen audit, prepare standards documents, enhancechange management
Identify sources of risks and resolve
Conduct risk assessments for irregular operations, enhancenear-miss reporting and incorporate issues into risk assessments
Make progress in risk management and hazard management
Prepare for response to a potential major earthquake in the
Nankai TroughPromote facilities management
Promote facilities inspections, expand efforts to identify facilities risks
Promote Smart Life Program

Comparison of Accident Frequency Rates *1

Totalamount in 2014

213

ronment Control Class I * certification.

Basic Approach to Safety

Others22（10％）(Millions of yen)Accident prevention
measures102（48％）Comparison of Accident Severity Rates *2
0.18

2.0

0.15

1.5

0.12
1.0

0.09

0.5

0.06

0.0

13

All industries in Japan

14 (FY)

Chemical industry in Japan

Tokuyama Corporation＊ 1 As an indicator of the frequency of industrial accidents, the accident frequency
rate is calculated as the number of workers forced to miss work due to anindustrial accident per one million cumulative working hours.

0.03
0.00

13

All industries in Japan

14

(FY)

Chemical industry in Japan

Tokuyama Corporation＊ 2 As an indicator of the magnitude of industrial accidents that have occurred,
the accident severity rate is calculated as the number of lost work days due
to industrial accidents per 1,000 cumulative working hours.

22

Staying in Step with Society

TOKUYAMA CSR Report and Corporate Profile 2015

Supporting employees busy with homemaking and childcare

In order to build a workplace where mothers can work
Working with Employeeswith enthusiasm while striking a proper balance between

Pursuing Diversity,with a Special Focus on
Opportunities for Women

their jobs and their personal lives, Tokuyama supports an

Hiroko Satoemployee group where new and expectant mothers work-

PV Polysilicon Sales & Marketing Department

ing at the Company can seek information and advice fromco-workers who have already been mothers for a while (seeI myself have struggled in
the past as I worked anddealt with the pressures ofhousework and childcare,so I started this employee
group with the hope I might
be of help to others in thatsame situation.
I want to see everyone
get in the habit of lendinga helping hand to anyone
who is in need, not justmothers.

the comment at right).

To strengthen its human resource-based management,
Tokuyama is taking steps to ensure that all employees
can make full use of their abilities. The ultimate goal is
to foster diversity.

Hiroko Sato (right),
who is the leader of
the activity group,with group members

Role play exercises in the DIM* training (Tokuyama Factory)＊ Diversity & Inclusion Management (DIM): Tokuyama seeks to create an environment where all employees can fully utilize their talents and achieve growth, which
in turn will make the organization as a whole more vital and creative.

Community Service Activities

Creating More Opportunities for Women

reaches the age of two. Also, an employee whose spousegives birth may take up to five days of paid leave during theeight weeks following the birth. In 2014, 100% of all eligible

As a first step toward achieving greater workplace diversity,

female employees took childcare leave, as did 16.7% of all

Tokuyama is working hard to ensure increased opportunities

eligible male employees.

for women. The Company supports employees’ efforts toTokuyama employees may take up to 365 consecutive

achieve work-life balance, looking to ensure that women candays of family care leave per family member, well above

continue to devote themselves with passion to their work

the statutory minimum of 93 days. In addition, an employ-

after important life events such as childbirth and child rearing.

ee may also take two days per week of unpaid family careleave, irrespective of the number of family members needing care.

Going Beyond Statutory Requirements

The Company also offers reduced work hours and flex-

Staying in Communication
with Local Communities
Tokuyama pursues community dialogue and various
other activities to help local communities to understand what it is doing to prevent accidents and protect
the environment, seeking to be an essential member of
each local community where it has a presence as wellas the broader society.

On a tour of the liquid hydrogen plant, part of theTokuyama Factory RC Community Dialogue programtime schedules for female employees from 10 weeks before
childbirth until a child’s entry into elementary school. Em-

Under the Company’s childcare leave system, an employee

ployees can use expanded flextime from the time pregnan-

who gives birth may take leave of absence until the childcy is confirmed until the completion of six years of elementary school education.

Working hard at communication yields
increased job satisfaction
Hiroshi Fujimoto
General Manager,
Purchasing & Logistics Department
I had attended the DIM training
at my previous workplace. At thattime, we were trying to assign
more creative jobs to women who
were transferring in from other divisions within the Company. Thatexperience was good preparation
for me. We have a lot of women in
the Purchasing & Logistics Department, and I work hard to maintain
good communication with them,so that they can work with enthusiasm.

23

Tokuyama Factory Responsible Care
Community Dialogue Program

Donations under the Mikage Bunko
Program

DIM Training for Better Support fromManagers and between Employees

The Tokuyama Factory has been conducting the annual RC

In 2014, the Tokuyama Fac-

Community Dialogue since 2004 to help nearby residents

tory ran its 38th Mikage Bun-better understand the Company’s efforts to prevent accidents

ko charity program, which isIf women are to make full use of their abilities, the mindsets

and protect the environment. The dialogue held on Septem-

named after Mikage-cho areaof managers, co-workers, and of the women themselves mustber 19, 2014 focused on earthquakes and tsunamis, and 16

where the factory is located.

change in order to build a culture in which all employees

representatives of the Tokuyama Factory, including the Gen-The Company donated acan work with real enthusiasm. With that in mind, in 2014eral Manager, met with 39 local residents and four officials

total of ¥4.3 million worth of

Tokuyama began holding DIM training for managers, focusingfrom Shunan City.

bookstore gift certificates to

The program included tours of Tokuyama’s liquid hy-

43 different elementary andAlso, since 2013 Tokuyama has been holding regulardrogen facilities and information exchange meetings. Par-

middle schools in Shunan

seminars for female employees to help them gain greater

ticipants came away feeling that they“have a good under-

City (¥100,000 per school).

knowledge and skills in business operations. These semi-

standing of Tokuyama’s earthquake and tsunami measures,”

Together with bookcases giv-

nars, held 19 times thus far and attended by many women,

and that“the company feels more approachable.”Withen during the year, the total

have focused on various themes such as: financial and legal

local understanding and support, the Tokuyama Factory willvalue of donations came toaffairs, work at research laboratories, manufacture of poly-

continue making a sincere effort to prevent accidents and¥188.75 million.

crystalline silicon, and work at cement plants.

protect the environment.

on improving communication with female employees.

Thank-you letters from children andstudents

Bookcases donated under the
Mikage Bunko program24

Tokuyama’s Environmental Management

TOKUYAMA CSR Report and Corporate Profile 2015

Implementing Environmental
Management to Reduce
Environmental Impact

Performance in Fiscal 2014

by the Action Plan. It is via this Action Plan that Tokuyama is

Of Tokuyama’s total environmental investment in fiscal 2014,

working to achieve its 2020 emissions reduction target.

Tokuyama works to accurately determine the input and out-

60% was intended for resource recycling, followed by 21% for

Tokuyama is making steady progress in conserving ener-

put of materials for production, and regularly sets new targets

pollution control, and 10% for management activities. Mean-gy throughout its business activities, and supporting efforts

aimed at reducing environmental impact.

while, among environmental costs in fiscal 2014, 69% of theby employees to save energy at home.

Among its targets for reducing environmental impact infiscal 2014, Tokuyama met targets for soot emissions, water

For Tokuyama, the pursuit of proactive initiatives toprotect the earth’s environment is an important partof its corporate social responsibilities. Accordingly,
the Company practices environmental managementthat takes into account the natural environment in all
business activities.

the Environment, as a member of one of the industries covered≫ Environmental Costs

total was generated by pollution control, 17% by resource
recycling, and 7% by global environmental conservation.

≫ Promoting Energy Conservation

quality (chemical oxygen demand, nitrogen, and phospho-

In fiscal 2014, Tokuyama made principal environmental

Tokuyama consumes a vast amount of energy to manufacturerus), PRTR-listed substances, recycling, and near-zero waste.

investments for upgrading equipment at electrostatic pre-its core products such as caustic soda, cement, and polycrys-

The Company also made progress in reducing per-unit en-

cipitator and wastewater treatment facilities.

ergy consumption in fiscal 2020 by 3.0% compared to thefiscal 2005 level.

talline silicon. It also emits carbon dioxide (CO2), one of thegreenhouse gases, primarily in its burning of fossil fuels and≫ Economic Benefits of Environmental Management

decarboxylation of limestone, which is used as a raw material
for cement production.

Regarding performance data for fiscal 2015 and be-

Economic benefits are determined by calculating only mone-yond, Tokuyama has set a separate numerical manage-tary gains on the reduction of energy consumption, the sale of

The Company is working to reduce CO2 emissions byment target for each department to maintain the current

valuable waste, the reduction in waste disposal costs throughimplementing energy conservation measures, including up-

low-impact situation.

waste recycling, and the reduction in raw material and fuelgrading to more energy-efficient equipment. The Tokuyama

costs through waste recycling. In fiscal 2014, these economic

Factory, which accounts for more than 99% of the Com-

benefits totaled almost ¥1.46 billion, a slight decrease ofpany’s total energy consumption, reduced per-unit energy¥230 million compared to the previous fiscal year.

consumption in fiscal 2014 by 2.1% compared to the fiscal

Environmental Accounting

2005 level, advancing the Company’s goal of reducing per-Tokuyama has been carrying out environmental accounting

unit energy consumption in fiscal 2020 by 3.0% compared

Measures to Help Combat Global
Warmingsince fiscal 2000 in order to accurately determine and analyze the investment amounts and costs associated with its

to the fiscal 2005 level.

environmental conservation activities, thereby providing asound basis for making environmental investments.

Flow of Materials in Business Activities

Tokuyama participates in Keidanren’s Voluntary Action Plan on

Environmental Preservation Costs
Category

OUTPUT

Waste and by-products

1,790

Carbon dioxide (CO2)

Production

Fuel

1,820

5,910
Waste

(incinerated and landfill)

Tokuyama

22

Costs in Business Areas

INPUT

5,900

Substances withenvironmental impact

Products

5,750

9.7

Process effluent

41,70024,000
Coolant water and other types of eﬄuent

25

AmountInvested(¥ million)

Costs(¥ million)

Per-unit energy consumption（％）

163

4,526

GlobalEnvironmental
Conservation

Optimization of freezer equipment,
upgrade of refrigeration equipment for
low-temperature warehouses

66

493

98

Upgrade of desalination equipment, PCB
waste treatment expenditures, etc.

463

1,117

97

0

1

96

81

250

0

0

Resource
Recycling
Upstream andDownstream Costs
Management Activity
Costs
Research andDevelopment Costs
Social Activity Costs

Installation of environmental analysis
equipment

Greenification and beautification
measures
Production of CSR report

Costs for Environmental Imposition, management of a former
Damagemining site
Total

100

100

Installation of electrostatic precipitatorsand drainage conduits, replacement of
tanks

0

76

0

111

774

6,575

Material Benefit(1,000 metric tons)

Economic Benefit(¥ million)

Gains on Reduction in Energy Consumption-

190

Gains on Sale of Valuable Waste

72

170

251

649

251

453

-

1,462

Gains on Reduction in Waste Disposal Costs
through Waste Recycling
Gains on Reduction in Raw Material and FuelCosts through Waste Recycling
Total

99.4
97.9
97.0（Target）

95

2005

12

13

20（FY）

14＊ The unit energy consumption index is calculated using a method recommended
by the Japan Chemical Industry Association (JCIA).

Energy Consumption
60,000

Economic Benefits in Fiscal 2014

100

99

(Thousands of gigajoules/year)

Category

Industrial water(Unit: 1,000 metric tons)

Major Activities

Pollution Control(44,400,000 gigajoules)

Raw materials

Unit Energy Consumption Index* (Tokuyama Factory)

2,800

50,00040,00049,9002,800
52,50037,600

2,600

2,800

44,20043,700

12

13

2,800
44,40030,00020,00010,00009010Tokuyama Corporation

11

14 （FY）

Group companies

Note: All amounts are for Tokuyama Corporation ona non-consolidated basis in fiscal 201426

Tokuyama’s Environmental Management

TOKUYAMA CSR Report and Corporate Profile 2015

Local governments
Yamaguchi Eco-tech
Corporation

Incinerated ash

The Nanyo Plant’s Cement Production
Recycling System
Raw material crusher
Preheater
Raw material powder silo

Raw material dryer

Outside corporations
Waste plastics

Local governments
Sewage sludge

Natural resources
Limestone
Silica stone
Outside corporations
Slag

In-house

Outside corporations

Waste plastics

Preincineration

Outside corporations

Clinker silo

Organic sludge

Coal ash

Waste liquid

In-house

In-house

Coal ash

Organic sludge

Finishing crusher

Rotary kiln

SludgeConstruction waste soil

クーラー

In-house

Coal crusher

Natural resources

Incombustible lime

Coal

SludgeCement silo

Outside corporations

Construction waste soil

Outside corporations

Waste carbon

GypsumIn-house
GypsumMain raw materials

Main energy source

Alternative raw materials

Alternative energy sources

Recycling and Reducing Waste

Cement shipment

94.0%, on par with the previous fiscal year. Moreover, owing

Breakdown of Industrial Waste Treatment in Fiscal 2014

generated, the Company again achieved its“zero emissions”

Incinerated waste

Waste sent to landfills

6.0%

0.1%

21.3

target of 99.9% in fiscal 2014.
Tokuyama makes exhaustive efforts to reduce and recycle theWaste recycled externallywaste it generates. As a result, the Company maintained a

6.2%

emissions”target of 99.9% in fiscal 2014.

Tokuyama generated a total of 355,000 metric tons of waste
in fiscal 2014. It actively worked to recycle this waste both inand outside the Company, mainly by re-using waste matteras raw materials and fuel for cement at the Tokuyama Factory. In addition, packing materials, pallets and other wood
waste were crushed and then used as fuel for power plants.
Through its diligent efforts to recycle waste as raw material
for cement, Tokuyama achieved an effective utilization rate of27

Amount of Waste Sent to Landfills
and Rate of Effective Utilization(metric tons)

50,00082.4
76.9

40,00030,000

99.9

99.9

99.9

99.9

99.9

93.5

94.4

94.7

94.7

93.9

（％）

100
80
60

20,000

0

40

90

430

500

330

280

320

10

11

12

13

14

Landﬁll amount (metric tons)

355.2

Waste recycled
in-house(re-used as raw materials)

Eﬀective utilization rate

20
(FY)

0

“Zero emissions” rate

Incinerated in-house
Recycled in-house

311.7

312

99.9％

36,26010,000Total waste generated“Zero emissions” rate
Eﬀective utilization rate / “zero emissions” rate

≫ Waste Management

0.3

21.9

Landﬁll amount

94.0% effective utilization rate of waste and again hit its“zeroFlow of Industrial Waste Treatment(unit: 1,000 metric tons)

to progress made in reusing waste and reducing the amountIn-house

355

Effective utilization rate
93.9％

(Unit: 1,000 metric tons)

Waste disposed offsite

23.1

Amount of waste recycled (in-house and externally)
Effective utilization rate (%) =×100
Total waste generated“Zero emissions” rate (%) =1-

Landﬁlled onsite

0

87.8%

Total waste
generated

20.4

Amount of landfilled waste (onsite and offsite)
Total waste generated

×100

Recycled externally

21.9

Incinerated externally

0.9

Landﬁlled offsite

0.3

Outside the Company

28

■ Aerial View of the Tokuyama Factory

Company History

1918

Established "Nihon Soda Kogyo Co., Ltd." to produce soda ash in Tokuyama, Yamaguchi Prefecture (currently Shunan City).

1936

The Company name is changed to "Tokuyama Soda Co., Ltd."

1938[Commenced cement business]

1940

Commenced production of calcium chloride■ Financial Highlights

The Factory as it
was at the time ofestablishment

Net sales
300

Polycrystalline silicon

Organic chemicals

289.7

Consolidated

East Plant 1,020,000 ㎡

200

258.6

197.7

185.0
164.2

CementCaustic soda

[Commenced electrolytic chlor-alkali business] Commenced electrolytic chlor-alkali productions.

302.2

287.3

282.3

250

Vinyl chloride

1960s Cement kiln

1952

Non-consolidated(Billions of yen)

177.8

184.0

150
Nanyo Plant: 280,000㎡

1960

Completed construction of Nanyo plant in Nanyo, Yamaguchi Prefecture (currently Shunan City) with the aim of expanding cement business

1964[Commenced petrochemicals business] Commenced production of propylene oxide by employing chloride thatmakes use of by-products from caustic soda operations.

Tokuyama Plant: 610,000㎡

1966[Commenced polyvinyl chloride business] Commenced polyvinyl chloride business with the establishment of a manufacturing subsidiary.

1967[Commenced ion exchange membrane business]
Completed construction of Higashi plant in Tokuyama, Yamaguchi Prefecture (currently Shunan City) with the aim of expanding the petrochemical business.

1976[Commenced polypropylene film business] Commenced production of Biaxially-oriented polypropylene film

1978

[Commenced dental materials and equipment business]

1982[Commenced fine chemicals business] Entered the fine chemicals market with the sale of plastic lens materials

1983[Commenced IC chemicals business] Entered the electronic materials market with the sale of High-purity chemicals for electronics manufacturing.

1984[Commence electronic materials business] Commence production of High-purity polycrystalline silicon.

1985[Commenced Aluminum nitride business] Completed construction of Kashima Factory in Hasaki, Ibaraki Prefecture (currently Kamisu city)with the aim of expanding the fine chemicals business[Commenced gas sensors business] Entered the sensor business with equity participation in Figaro Engineering Inc.,a manufacturer of semiconductor type gas sensors

1989

Established Tokuyama America Inc. as a US-based subsidiary
Completed construction of the Tsukuba Research Laboratory in Tsukuba, Ibaraki Prefecture.
Established Tokuyama Europe GmbH. as a German-based subsidiary.

1994

The company name is changed to "Tokuyama Corporation"

1996

Established Tokuyama Asia Pacific Pte.Ltd. as a Singapore-based subsidiary and Tokuyama Electronic Chemicals Pte. Ltd.
in Singapore as a refinery and distributor of high-purity chemicals for electronics manufacturing.
Established Taiwan Tokuyama Corporation in Taiwan as a refinery and distributor of high-purity chemicals for electronics manufacturing

2000[Commenced the recycling & environment business]

2002

Established Shanghai Tokuyama Plastics Co., Ltd. in Shanghai, China as a manufacturing and sales company of microporous film

2005

Established Tokuyama Trading (Shanghai) Co., Ltd., a sales company, in Shanghai, China andTokuyama Chemicals (Zhejiang) Co., Ltd. in Zhejiang, China as a manufacturing and sales company of fumed silica

2008

Established Tokuyama Korea Co., Ltd., a sales company, in Seoul, Korea

2009

Established Tokuyama Malaysia Sdn. Bhd. in Malaysia as a manufacturing and sales company of polycrystalline silicon

2011

Established Tianjin Tokuyama Plastics Co., Ltd. in Tianjin, China as a manufacturing and sales company of microporous film

2013

Established Tokuyama (Shanghai) Co., Ltd, in China, as a management company to provide services for other group companies in China
Established Tokuyama Nouvelle Calédonie S.A., in New Caledonia, as a manufacturing and sales company of cement

2014

Commenced production and sales of polycrystalline silicon at Tokuyama Malaysia Sdn. Bhd.

100

Soda ash50

01960s Vinyl chloride
resin plant■ Global Network(FY)

Fiscal 2014 Sales by Business Segment
Others¥ 51.4 billion

Tokuyama has expanded globally, with factories and sales branches now
established in nine countries around the world, primarily in Asia.

Chemicals(15.2%)¥ 91.9 billion(27.2%)

Life & Amenity¥ 58.4 billion

Total¥ 302.0 billion*(17.3%)

Specialty Products¥ 55.4 billion
Cement¥ 81.2 billion

1980s polycrystalline
silicon plant(16.3%)(24.0%)* Segment sales results include inter-segment sales

Waste plastic into
fuel plant… Tokuyama’s main locations overseas

Tokuyama Chemicals(Zhejiang) Co., Ltd.

■ Third-Party Opinion

A Review of Tokuyama’s CSR Report andCorporate Profile 2015
Eriko Nashioka
Representative Director, Institute for Environmental Management Accounting,
Certified Public Accountant and Certified Tax Accountant, and part-time lecturer inenvironmental accounting and environmental auditing for the Faculty of Commerce,
Doshisha University.
The content of the third-party opinion is available on the Company’s website in
the “Third-Party Opinion” section in the online version of the CSR report, accessible
via the URL shown below or the QR code shown at right.

http://www.tokuyama.co.jp/eng/csr/report/pdf/2015csr_report_e_20.pdf
2930