SUSTAINABILITY REPORT 2021

NEW NORMALEVOLUTION

GOOD HOLDINGS GROUP

NEW NORMALEVOLUTION
The Evolution of the New Normal at the Good Holdings Group

Our Corporate Commitment

Every day, we do our best by seizing opportunities,
responding to needs, and exceeding expectations.

Little by little, we are innovative in whatever work
we take on, no matter where we may be.
Whether taking our first step or our last along ourjourney, we believe we are achieving progress for

At the Good Holdings Group, our ongoing efforts to address the societal challenges of
the times have contributed to our evolution as a company.

individuals, for the region, and for society at large
by moving a little earlier and a travelling a little farther.

Editorial Policies
We publish our annual Sustainability Report in order to provide ourcustomers, local residents, employees, their families, and all otherstakeholders with a better understanding of the objectives of the Good
Holdings Group, our focus on sustainable growth, and our efforts toenhance our corporate value.
As we entered the era of the “new normal” in 2020, we believed that ourefforts to continue pursuing our business objectives would themselvescontribute to achieving the sustainable development goals (SDGs).
Toward that end, we considered it important to adapt to a new social andbusiness environment. Under the theme of “Evolution,” we adopted aperspective through which we continued to inform all about the
trajectory of our growth.

Scope of this Report

This report covers the following enterprises: Good Holdings Corporation,
REVACS Corporation, Relief Corporation, Daikyo Clean Corporation,
Daiei Corporation, and Daikyo Corporation.

Report Spans

The report spans fiscal year 2020 (April 1, 2020 to March 31, 2021).
※Please note that this report contains information on some activities
that extended into fiscal 2021.

Publication Date
The publication date is September 2021. (The next scheduled publication date is September 2022.)

Subject Matter
This report encompasses the environmental, societal, and economic
aspects of the business operations of the Good Holdings Group.

Refusing to ignore the issues that arise in front of us, we continue to determine what it isthat we can contribute. We also devise solutions and ask, “Is this the right way forward
for the good of society?”

With our own unique perspective, we are seizing

Reference Guidelines

opportunities by devising solutions to problems

Looking at society and what lies ahead for all of us, we work with honesty and aforthright attitude to face head-on the societal issues that need to be addressed.

only we can see.

This report adheres to ISO 26000, the international standard for Guidance on Social Responsibility; GRI Sustainability Reporting Guidelines
Version 4.0; and the Environmental Reporting Guidelines published by
Japan’s Ministry of the Environment.

Through this effort, we have discovered that we also evolve in the process.
This is the trajectory our business has taken since our founding in 1953.
We are confident that our evolution will create a better world for our children and theirchildren as we work together for a better future.

What’s more, we are responding to needs in amanner that is ours alone, and we continue toexceed expectations with a sense of immediacy.

The report addresses the seven core subjects of ISO 26000, the international standard for Guidance on Social Responsibility under therespective section headings of Corporate governance (organizational
governance and fair operationg practice); Environmental Initiatives(environment); Together with our Employees (human rights and labor
practices); and Together with the Community (consumer issues,participation in community and development of community)

We will continue to take on the challenges facing society while seeking the evolution of
our environmental business, all the while contributing to humanity as we envision amore prosperous future.

Contents

01

01- 02 New Normal Evolution[Business introduction][ESG initiatives]

03-04 Message From Management

09-12 REVACS Corporation

20-21 Corporate Governance05 - 06 Outline of Good Holdings
Group

13-14

Relief Corporation–

Environmental Initiatives

07

Financial information &Non-financial information

15-16

Daikyo Clean Corporation–

With Employees

17-18

22-25 With the Community

08

Good Holdings Group
Highlights for 2020

Daiei Corporation
Daikyo Corporation

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

02

Message From Management

Taking Pride in Meeting Our Prime Responsibility:
Consistently Managing Our Business as Part of
the Foundation of Society

Recognizing anew our responsibilities
as essential workers
The COVID-19 epidemic is still having a major impact on ourlives and on the economy. I extend my deepest condolences to thefamilies and friends of those who succumbed to the virus; to allothers affected by the disease, I express my heartfelt sympathies.
It is expected that the economic impact of the COVID-19
pandemic will continue to be felt for some time. At the Good
Holdings Group, we are resolved to overcome this difficult
situation through new work methods and a new approach to ourwork while giving top priority to the prevention of infection and thecontinued safety of our employees.
Since our founding, we at the Good Holdings Group havedeveloped our environmental business by addressing andresponding to social challenges. After making the transition to aholding company structure in 2015, we have established six
companies — Good Holdings Corporation , REVACS Corporation,
Relief Corporation, Daikyo Clean Corporation, Daiei Corporation,
and Daikyo Corporation — each of which continues to operate with
its sights set on growth across different markets.
Against this background, the COVID-19 pandemic reminded usthat “our work is social infrastructure.” We have noted that,
following the declaration of a state of emergency in Japan, thevolume of household waste increased sharply. While fighting therisk of infection, all employees of our Group remained committed
to carrying out their daily tasks, fulfilling the responsibility ofessential workers in good faith while contributing to the healthy
lives of local residents. They demonstrated a clear commitment toprotecting the lives of citizens.
We will continue to manage our business by meeting our
responsibilities and taking pride in our work in order to continue
maintaining the social infrastructure.

Acknowledging the strength ofour business portfolio in the midst ofan emergency

President & Representative Director
Good Holdings Corporation

03

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

In fiscal 2020, operating income declined in the first quarterdue to the spread of the COVID-19 pandemic, but beginning in thesecond quarter, it rose suddenly and eventually exceeded the profit
for the same period in the preceding year.
REVACS Corporation, which processes industrial waste, faceddifficult struggles in the first quarter due to the COVID-19
pandemic; likewise, Daikyo Clean Corporation, which is involved in
the food and beverage industry, halted its operations in April and
May when Japan’s emergency declaration was issued. On the other
hand, Relief Corporation saw a significant increase in sales of
disused items to our roving buyers due to “nesting demand” (thedesire to create secure and comfortable home surroundings)
during the period of self-isolation. Sales to our roving buyers had

been showing signs of booming for several years, but the
COVID-19 pandemic triggered a big wave with encouraging
results.
Fiscal 2020 was also a year in which we felt the strength of theGroup’s business portfolio. Businesses that exhibited rising
performance renewed their strategies for devising a future growthpath. Even businesses that had struggled are now regarded ashaving entered “a period of strengthening of their businessfoundation.” I am therefore confident that we are making positiveefforts toward a future leap forward.

Entering the renewable energy businesswith the construction of a biogas power
plant in 2023
REVACS Corporation is starting construction of a biogas power
plant in fiscal 2021 and is launching a business to produce
renewable energy from organic waste in 2023. Recycling, abusiness on which we have been focusing for some time, will
finally be linked to the generation of renewable energy, thus adding
to the value of the generated power. I believe that we will becontributing to the region in the near future by devisingmechanisms for recirculating local waste into energy.
In October 2020, the Japanese Diet issued “the 2050 Carbon
Neutral Declaration” but the construction of our biogas power
plant stands as a first step for our business in realizing our future
vision as a company in the field of renewable energy.

Handing down the management philosophy
of Goho-Yoshi (beneficial to all five parties) tothe next generation in the 100-year lifespanWith the aging of Japan’s population, the current period has
become known as “the 100-year lifespan.” Currently, our Group
has a number of active young presidents and executives in theirlate 30s and 40s. These young leaders will be appearing at theforefront for the next 20 years and will likely achieve a measure ofself-fulfillment.
For this reason, I ask that they take on the challenge of improving
our society by making connections not only among ourselves but
also through our children and grandchildren. To that end, how do
we make the most of our Group’s corporate culture of “actively
taking advantage of business opportunities”? Our special feature
on page 11 provides an opportunity for young leaders to freely
discuss their thoughts on our environmental businesses as well as
their dreams and visions for the future.
Our environmental businesses are enterprises that contributeto a better future. I want the Good Holdings Group to be a company
in which young and talented people remain passionate about
creating such a future while boldly taking on new challenges.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 202104

※All companies listed above are wholly owned subsidiaries.
※Data is effective as of March 31, 2020.

Outline of Good Holdings GroupREVACS Corporation• Collection, transportation and intermediate
treatment of industrial waste• Cleaning and management of various facilities

We evolve not only by addressing
challenges as they arise, but also
by developing the ability to identify
all such issues.

Relief Corporation
Good Holdings Corporation

Our strength lies not simply in our ability to take on all challenges. While continuing
our business at hand as part of the social infrastructure, we are also evolving byconstantly identifying new challenges and making efforts to address them.
That is why our business of collecting household waste and commercial waste in1960 expanded to include an industrial waste treatment business in 1970. We also
started addressing the various social problems of that era, such as Japan’s aging
society and food waste, eventually moving on to the commercialization phase.
Moreover, construction of our new biogas power plant began in 2021, and the Group’s
recycling business, which has been addressing the issue of resource recycling for sometime now, is about to expand into the new field of renewable energy in the near future.
We remain committed to our continued evolution as a company that underpins society
at large.

Location : 2-1-16 Naruohama, Nishinomiya, Hyogo
President & Representative Director : Kenichi Akazawa
Capital : 92 million yen
Number of employees : 12

Main Business Activities
Group financial affairs, accounting ; labor relations
and human resource management ; public relations ;information systems ; management support ; group
strategic planning• Okatazuke Service• Overseas Reuse Service

Daikyo Clean Corporation• Grease trap cleansing

Daiei Corporation• Waste collection in Nishinomiya

Annual Group Net Sales 3,771 million yen ※1※1 Fractions are omitted (same throughout document unlessotherwise stated).

Number of Group Employees 267 ※2※2 Denotes full-time employees.

Daikyo Corporation• Waste collection in Itami• Staffing and recruitment

Location : 2-1-16 Naruohama, Nishinomiya, Hyogo
President & Representative Director : Eiji Yamamoto
Capital : 81 million yen
Number of employees : 54
Annual sales : 1,475 million yen【 Main Business Activities 】• Collection and transportation of industrial waste and speciallycontrolled industrial waste• Intermediate treatment (shredding and drying) of industrial waste• Recycling of beverage products• Cleaning and management of wastewater treatment facilities

Location : 2-1-26 Naruohama Nishinomiya, Hyogo【 Main Business Activities 】
President & Representative Director : Kenichi Akazawa • Okatazuke Service
Capital : 50 million yen(Disposition of personal effects before and after death,
Number of employees : 32
and recycling of personal effects)
Annual sales : 406 million yen• Overseas Reuse Service
Location : 2-1-16 Naruohama Nishinomiya, Hyogo【 Main Business Activities 】
President & Representative Director : Masafusa Tsuda • Cleansing of commercial grease traps and maintenance ofCapital : 80 million yen
grease interceptors
Number of employees : 36
Annual sales : 409 million yen
Location : 2-1-26 Naruohama Nishinomiya, Hyogo【 Main Business Activities 】
President & Representative Director : Hiroyuki Kimura • Collection and transportation of general waste in Nishinomiya
Capital : 10 million yen• Collection and transportation of industrial waste
Number of employees : 70
Annual sales : 916 million yen
Location : 5-3-31 Kitagawara, Itami, Hyogo【 Main Business Activities 】
President & Representative Director : Kazuhisa Morishita • Collection and transportation of general waste in Itami
Capital : 6 million yen• Collection and transportation of industrial waste
Number of employees : 58
• Staffing and recruitment businesse
Annual sales : 587 million yen

Chronology of Good Holdings Group and Historical Events
1953 The Company founderestablishes a waste collection
and recovery business.

Group Chronology

1968 Daiei-Eisei Inc. is established.
1974 Daiei Service Co. Ltd.
(currently REVACS Corporation)is established.
1976 Daikyo Kougyosyo Inc.
(currently Daikyo Corporation)is established.

1984 Daiei Service Co. Ltd.
opens a waste treatment
center in Naruohama,Nishinomiya, Hyogo.

2006 Daiei Service Co. renovates its industrial
waste crushing facility.
Daikyo Kougyosyo Inc. is reorganized as
Daikyo Corporation.

1999 Daiei Service Co.
establishes a businessalliance with other companies
in the field.

2007 Daiei Service Co. constructs a drying plantfor organic industrial waste and launches
its biomass fuel business.
2008 Daiei Service Co. opens a Reverse
Management Center as a recycling businessfor beverage products.
2009 Daiei Service Co. Ltd. is reorganized as
REVACS Corporation.

2011 Daiei Corporation (currently Relief Corporation) launches its Okatazuke
Service business.
Industrial waste crushingfacility 2010 is renovated.

Biomass fuel business islaunched.

2014 Relief Corporation opens its Kanto business office in Adachi, Tokyo.
REVACS Corporation launches its “swell” business.
REVACS Corporation constructs a biomass boiler and begins in-houseproduction.
2016 REVACS Holdings Corporation is renamed Good Holdings Corporation.
Relief Corporation and Daikyo Clean Corporation open business officesin Misato, Saitama prefecture.

Grease trap cleansing
business is launched.

Okatazuke Service
business is launched.

Overseas Reuse Service
business is launched.

“swell” business islaunched.

2018 Relief Corporation opens its Nagoya Office in Nagoya, Aichi prefecture.
Daikyo Corporation launches Gcareer, a staffing and recruitment business.

New biomass boiler isinstalled.

1950−

1980−

2000−

2010−

2020−

1960s

1980s
Emergence of Japan’s so-called bubble
economy

2000

2010

2020

The dawn of a new era focused on reducing, reusing, and recycling

The Cancun Agreement includes Japan’s pledge to “reduce its greenhouse

Japanese Prime Minister Yoshihide

all types of waste. Per capita emissions of household waste

gas emissions by 3.8% from 2005 levels by 2020.”

Suga declares his commitment to(general waste) begin to decrease.

2010“a carbon-neutral 2050 by realizing a

The number of people dying alone in Japan increases sharply to becomecarbon-free society.”

Emergence of Japan’s period of higheconomic growth

Historical Events

2013 Relief Corporation launches its overseas reuse business.

2017 Good Holdings Corporation opens an office in Chiyoda, Tokyo as its groupbusiness hub in the Kanto area.

Reverse Management Center
is opened.

05

2021 Construction of a new biogas power
plant begins.

2010 Daikyo Corporation (currently Daikyo Clean Corporation) launches a grease
trap cleansing business.

1970
The revision of Japan’s Waste Management Law gives rise to the conceptsof general waste and industrial waste.

Around 1985
The volume of household waste begins
to increase rapidly.
1990
Japan’s “bubble economy” bursts.

2001
Japan’s Waste Management Law is amended, further strength-a societal problem.
2015

1995
Japan’s Containers and Packaging
Recycling Law is enacted.

ening the waste treatment manifest system. This introduces a1997With the signing of the Kyoto Protocol,
reduction targets are adopted for CO2,
which is suspected of contributing to
global warming.

2007

2015

Full-fledged enactment of Japan’s Revised Containers and

The UN’s sustainable development goals (SDGs) are formulated.

Packaging Recycling Law further raises public awareness of the2018

need for waste reduction.

The issue of food waste comes to the fore.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

new era in which compliance takes precedence.

The Paris Agreement includes Japan’s pledge to reduce greenhouse gas
emissions by 26% from 2013 levels by 2030.

2021
At the Climate Summit, Japan pledges
to reduce its greenhouse gas emissions
by 46% from 2013 levels by 2030.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 202106

Good Holdings Group Highlights for 2020

Financial information & Non-financial information

Recipient of the Award of Excellence fromthe 23rd Environmental Communication Awards

Financial information
Consolidated net sales

Consolidated ordinary income

3,771million yen

259million yen

3,771

3,707

Total assets

5,355million yen 2,302million yen
5,540

259

3,451

Net assets

2021/3

The Good Holdings Group Sustainability Report 2020 was the recipient of the Award of Excellence under the Environmental Report Section

event was canceled due to the COVID-19 pandemic, and only employees ofof the 24th Environmental Communication Awards (hosted by the

our group companies and their families were invited to participate in

Global Environmental Forum and Ministry of the Environment).

the harvesting experience.

Recipient of the Encouragement Award, SME Section,
under the 2020 Awards for Companies Promoting
Experience-based Learning Activities for Youth

Construction of the new REVACS plant enters
the planning stage.

5,355

5,317

1,949

2020/3A “Rice and Potato Harvesting Experience” was held on October 18,
as an alternative event to Kodomo Nogyo-juku. The Kodomo Nogyo-juku

217

204

2019/3

Alternative event to Kodomo Nogyo-juku held in 2020.

2019/32020/32021/3

2019/3

2,302

2,115

2020/32021/3At the 2020 Awards for Companies Promoting Experience-based

On January 25, REVACS Corporation announced its intention to construct

Learning Activities for Youth, sponsored by the Ministry of Education,a biogas power plant in Naruohama, Nishinomiya, Hyogo prefecture,

Culture, Sports, Science and Technology, the Good Holdings Groupcapable of processing up to 70

received the Encouragement Award, SME Section, for its efforts inmetric tons per day. Large-

support of “Kodomo Nogyo-juku” .

scale biogas power plants are
rarely located in the suburbsof a city, so this will be thelargest such facility planned

Non-financial information

for the Keihanshin area.

Environmental data

SafetyMedeia appearance

Diversity

The unique businesses of our various Group companies received theAccidents resulting
in lost workdays

5cases9Nonfatal accidents
without lost workdays

10cases

Total CO2 emissions Electricity consumption

3,176

t-CO 2

3,371kWh

※2

3,403

3,110

3,176

※2

3,028

3,371
3,253

11.4

■Female

11.5

12.0

On June 10, REVACS donated a portion of its previous year’ s profits
Percentage of female
employees inmanagement positions

18.5%

5
4

4

A portion of the proceeds from the REVACS foodwaste treatment business is donated to a food bank.

12.0 %

■Male

10

※1

Ratio of female employees

88.6 88.5

88.0

3 ※1

Percentage ofmanagement
positions filled withfemale employees

8.5%
2018

2019

2020

2018

2019

2020

※1 The values for fiscal 2019 were in error in the previous
edition and have been corrected above.

07

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

2018

2019

2020

2018

2019

2020

※2 The values for fiscal 2018 were in error in the previous
edition and have been corrected above.

2018

2019

2020

following media coverage.

REVACS Corporation• Kobe Shimbun (June 17, 2020 issue)

from its industrial waste treatment business to Food Bank Kansai (Kobe,• Mega Solar Business (February 12, 2021 issue)

Hyogo prefecture ; Representative Director: Megumi Asaba*), a certified• The Recycling Economy Times (February 22, 2021 issue)

non-profit organization.
※As of June 2020

Company sailing team wins 3rd placeat the Kansai Championship.
The Good Holdings Sailing Teamearned a 3rd-place finish at the Inter-

Relief Corporation (Okatazuke Service)• The Recycling Economy Times (August 31, 2020 issue)• Monthly the Waste (April 1, 2020 issue)

Daiei Corporation (SAKURA team)• Broadcast on “Nazetoki” on the information program “Mint!”

national Snipe Class Kansai Champi-(Broadcast on March 9, 2020)

onship held at Shin Nishinomiya• Sankei Shimbun: “Living a New Daily Life” (June 20, 2020 issue)

Yacht Harbor in Hyogo prefecture on
September 20 and 21.

Daikyo Clean Corporation• The Recycling Economy Times (September 14, 2020 issue)

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

08

Addressing the SDGs ThroughOur Business Operations

REVACS Recycling System
Transshipment/storage

Crushing and shredding process

Biogas power generation (planned)

Sludge residue
effluent

Electric power & fertilizer(planned)

Beverage products
ReverseManagement
Center

REVACS Corporation

REVACS Corporation aims to recycle resources by expanding the recycling of industrial waste.
Earning the trust of stakeholders through a management approach that emphasizes legal complianceand transparency, REVACS sees its corporate mission as contributing to the emergence of a society
committed to sound recycling by taking the lead in creating a higher-quality recycling flow.

Transshipment
storageYard, Tanks

Drying process

Biomass fuelFertilizer

Recycled at a partner facility
Bag-breaking machinery

Recycling of various types

TopicsEiji Yamamoto
President & Representative Director

Expanding the business scope from recycling ofindustrial waste to the generation of renewable energy

Working toward a future in which food waste
is recycled as a resource

REVACS Corporation has taken on the societal mission of
reducing waste and has sought to recycle all industrial waste andrecycle resources across its three business areas: Organic Biomass
Recycling, Food Recycling, and the Alliance Network.
REVACS has been developing its recycling business with thetheme of addressing the societal issue of food waste. The mostimportant step in eliminating food waste is simply to stop wasting
food; however, as long as we remain committed to food choicepractices around the world that enable us to eat whatever we wantat any given time, eliminating food waste will remain a difficult
objective. Given this situation, REVACS believes that its mission isto recycle the food that has been lost by means of higher-quality
recycling.
While searching for a new approach to recycling that provides
higher added value, REVACS proceeded with a plan to construct abiogas power plant that produces renewable energy from foodwaste as a new treatment method. A plant construction permit was
granted in December 2020, and construction started in 2021. The
plant is scheduled to start full-scale operation in 2023.
The development of this biogas power plant will add the valueof power generation to the recycling portfolio of REVACS. While
this also presents a challenge for those working in the new field of
renewable energy, at the same time it will contribute to theachievement of the 2030 targets for the SDGs as well as the carbon
neutral declaration for 2050.

As a company aiming to contribute to the emergence of asociety committed to recycling, REVACS envisions a future inwhich organic waste is recycled as a resource in urban areas. Foodwaste generated in urban areas is converted into a biomass
resource and recycled at the company’s own urban facilities.
Beyond that, the company envisions a future in which resource
circulation follows a loop within the company itself, by allowing forfarming utilizing biomass fertilizer, for example.
REVACS also engages in value-adding activities such assupporting food banks, providing environmental education forchildren, and engaging in other educational activities. Also planned
are collaborations with educational institutions in the suburbs
through a transformation into a familiar facility where one can learn
about renewable energy at the biomass gas power plant that isscheduled to open soon.
In the current fiscal term, REVACS has been able to take afurther step toward the circular society of the future, despite thesetbacks suffered by the emergence of the COVID-19 pandemic.
The current goal is to aim for 100% operation of the biogas
power plant for the time being. REVACS is pursuing the recyclingof industrial waste resource in its recycling business through theorganic biomass resource recycling business, food recycling
business, alliance network business, and renewable energy
business. In this way, REVACS is contributing to the emergence ofa society committed to recycling.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

Contents

Packaged waste

Exploring the potential applications of industrial waste tocontribute to the emergence of a society committed to recycling

09

Crushing and shredding machinery

Construction of the largest biogas power plant in the Keihanshin area:
Generating renewable energy from food waste
Biogas power generation entails the generation of biogas from organic waste such as foodwaste by means of microbial fermentation and the generation of power by means of gas engine
generators. The plant under construction will generate electricity by consuming the 70 metrictons/day of industrial waste produced in the Kinki region, predominately in the Hanshin area.
Raw material input will begin in July 2022 ; the plant is scheduled to begin full-scale operation in
January 2023.
Large-scale biogas power plants located in a suburb are rare, and this is the largest suchattempt in Keihanshin area. In addition to contributing to the convenience of waste collection
operators and reducing transportation costs, REVACS plans to collaborate with local governments,
NPOs, educational institutions, and environmental companies as a facility that enables the public
to become familiar with the link between food recycling and renewable energy.

Interview with the Business Manager

Takeshi Kojima
Director of Treatment Center

Contributing to the achievementof SDGs goals and the emergenceof a carbon-free society
As the world moves toward decarbonization and meeting theobjectives of the SDGs, we are pleased to make it possible to use
food-based organic waste, which we have handled for many years,
as a contributor to renewable energy.
We conducted numerous simulations of everything fromcomponent analysis and sample tests to determine how effectively
organic waste handled by our company can generate electricity ina limited space on a Group site. Every step took a significant amountof time, from selection of a manufacturer to the formulation of thecurrent plan.

In biogas power generation, raw waste materials containing avariety of components are fermented by microorganisms. This
presents the problem of how to stabilize the waste in a steady state.
We will also use the construction period to collect more informationon the types of raw materials expected and will accumulate scenarios
for simulations of load fluctuations.
Effective use of the digestive juice generated as a fermentation
residue is a future challenge to be addressed. In our current plan, after
the digestive juice is dehydrated, the filtrate is aerated and discharged
into the public sewer system and the dehydrated cake is accumulated
for use as a raw material in fertilizer. If the digestive juice can be usedin its original state, it can be used with less environmental impact andwithout any wasteful consumption of energy.
We believe that, five years into the future, the new plant will befirmly on track as it enters its fourth year of operation. We are
therefore confident that we will be contributing to the achievementof the SDG goals before 2030. Furthermore, we believe we cancontribute to the emergence of a carbon-free society by utilizing
the expertise thus accumulated.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

10

A Comprehensive Recycling Business for Industrial Waste

Mitigation initiatives targeting environmental burdens

The business of generating
biomass from organic waste

Recycling organic waste asa biomass resource
Our plant dries organic waste such asactivated sludge and animal and plant residues
generated by business establishments. This
waste is 100% recycled into biomass resources
such as biomass fuel and fertilizer.

Food recycling business

Alliance Network business

Recycling rate for industrial waste

Energy consumption of the Waste Treatment Center

Targeting 100% recyclingof food waste

One-stop support for all
types of recycling

Higher-quality recycling is our goal.

Our commitment to energy efficiency

We crush and dry waste beverage products
and packaged food-related commercial
waste generated as a result of expiration or
manufacturing losses. These are recycled
as biomass resources. Both the containers
and contents of waste beverage products
are 100% recycled.

Because waste-processing contractors
each specialize in treating different types ofindustrial waste, we can position ourselves
as a one-stop service provider capable ofhandling all types of waste. We offer the
optimal waste treatment processes bymaking full use of the expertise we havecultivated over many years along with our
network of partner companies.

The recycling rate in fiscal 2020 was 79.3%. This represents a
year-on-year increase due to our development of new recycling destinations for waste containers that were previously incinerated.
We will continue to respond to our customers’ recycling needs while
contributing to the emergence of a society committed to recycling andprolonging the life of landfill sites.

※ Before fiscal 2018, thermal recycling (incineration) was classified as “recycling” ;beginning in fiscal 2019, it was excluded from the recycling calculation.

The REVACS Waste Treatment Center, a crushing and drying facility,
is powered by electricity and city gas.In fiscal 2020, our electricity
consumption increased to 3,199,896kWh due to the addition of astirring blower in the waste liquid receiving pit. This was adopted inorder to make the properties of the raw material more consistent.
In addition, with our wood chip boilers out of service due to a maintenance issue, our consumption of city gas increased due to our use of city
gas boilers on several more days than was the case in the previous year.
We will continue to take steps to reduce our energy consumption
while maintaining the stable operation of the plant.

Annual volume and recycling rate of industrial waste handled by REVACS Corporation

Electricity consumption of the Waste Treatment Center※The recycling rate is calculated from the percentage of the annual volume handled that isdiverted to recycling processes.

Annual volume (t)96.6

Infrastructure Cleaning Business

69,20896.9
72,848Recycling rate (%)

96.4
70,556

96.3
70,592

Electricity consumption intensity (kWh/t)

95.3
64,791

3,423

79.3

74.8

76,07980,274

Our “swell” business we established in 2018 in response to those customers who requested not only waste treatment but also
comprehensive factory cleaning. The company provides specialized cleaning services for factory equipment. We are also developing thebusiness to devise the ability to respond to issues that are technically difficult and that advanced technology has not yet addressed. At the sametime, we are planning and offering improved cleaning services suited to the customer’s worksite while contributing improvements in terms of
cost and efficiency. With our technical expertise and ability to propose solutions, we are helping to maintain the functioning of a factory’s
environmental infrastructure.

Introducing our new multi-suction
vacuum trucks

We maintain a fleet of specialized vehicles, including the largest
and most powerful ultra-high strength vacuum trucks in Japan.
This technology enables us to reduce the time required for cleaning
work while providing superior results. This approach meets theneeds of all worksites by making possible tasks that were previously
impossible, such as deep underground suction and suction
capable of drawing up scrap bricks and other such large masses.

The multi-suction vehicle is a specialized vehicle used only for
powder work. This single vehicle performs tasks that were previously
handled by multiple units, including suction and force-feeding,container packing, and powder transport. This innovative vehicle
saves a great deal of time and effort. Trade show appearances andother promotional activities were launched in fiscal 2020, withproduct sales beginning in fiscal 2021.

Hopper

Flexible container bags

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

Drums

Target material

2017

2018

2019

2020

Waste handled by REVACS Corporation
Largest recycling plantin the Hanshin area
Stable performance

Crushing of packaged
food containers andMultiple permits
the like

3,106

3,200

2014

84.6

85.0

82.8

90.8

88.2

93.9

2015

2016

2017

2018

2019

2020

100 t/dayCity gas consumption of the Waste Treatment Center（㎥）

1,282,777

36,000 t/year
43 t/day(including contents)

3 types●Waste plastics ●Scrap metal ●Glass, concrete and ceramic waste

Treatment of waste
beverages

Largest beverage handling
capacity in Japan

8,000 t/year

Capacity

585 m

Odor mitigation measures
Complying with regulatory requirementswith a variety of mitigation measures

Suction/force-feed

Powder

2016

Processing volume

Powder suction

Container packing

2015

3,323

※The values previously posted for the past year were in error.
The correct values appear above.

Drying of sludge,
residue and effluent

Providing comprehensive cleaning services with
the industry’s most powerful vacuum trucks

Powder filter

2014

Total electricity consumption (kWh)

2,855

74.0

A cleaning service specializing in factory infrastructure

3,238

2,777

“swell” business11

Total electricity consumption (kWh)

We have installed five activated carbon deodorizers in the
crushing and transshipment/storage facility and have constructed
shutters for the sludge and plant and animal residue storage
yards. These shutters remain closed except when the waste is
being delivered. High-concentration odors generated in thedrying facilities are combustion-deodorized in the combustion
chambers of the biomass boilers. As for various low-concentration
odors, these are neutralized with chemicals by chemical cleaning
equipment. In fiscal 2020, the results of odor measurements
required under the Environmental Protection Agreement enteredinto with Nishinomiya City were all within regulatory values.

330,90932,18821,144

2015

2016

2017

2014

104,298
2018

62,981

72,07920192020

corresponding to the Japan Food Recycling Law

Water pollution prevention
measures
Maintaining water quality through regularanalyses
Wastewater generated during the waste treatment
process is released into the sewer system only after the total
volume has been fully treated by our water treatment facility. We
have installed a pH meter in our wastewater treatment facility toprovide continuous monitoring as part of our regular analysis of
the water we discharge. We have adopted voluntary standards
that are even more stringent than the regulatory values, and we
conduct voluntary testing for the monthly wastewater quality
inspections undertaken by the competent authorities in an effort
to prevent any problems from arising.

Measures to prevent leakage
and outflow from spills of waste
beverages
Committed to preventing waste leakage
and outflow
Our Reverse Management Center has installed guttersalong its periphery and an 8-cubic-meter reservoir so that any
spill or leakage due to collapse or unpacking of the waste
beverages in containers located onsite does not escape the site.
In addition, when collecting and transporting waste with a highwater content, we use watertight containers with rubber gaskets
to prevent leakage.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

12

Addressing the SDGs ThroughOur Business Operations

Contributing to the emergence of a society committed to recycling through every phasefrom waste collection to reuse
Since launching our Okatazuke Service, we have been seeking
sales channels for the unneeded items we have collected. The firststep was to determine whether reuse was a feasible alternative todisposal. It took time to establish the mechanism, but in the process,we discovered that second-hand goods from Japan are actually indemand in Asia, where they are known as “Used in Japan” items.
We immediately conducted a field survey and were able to launch
our Overseas Reuse Business in 2013 as a joint venture with aCambodian company.
The mechanism for offering the disused items collected by our

Relief Corporation
Contributing to the emergence of a sustainable society throughtwo ventures: Our Okatazuke Service and Overseas Reuse BusinessIn 2011, Relief Corporation launched the Okatazuke Service to address social issues that hadarisen against the backdrop of Japan’s aging population. In addition, we established the Overseas
Reuse Business as a mechanism for recycling disused personal items collected as part of the
Okatazuke Service. These businesses are clearly contributing to conservation of the global environment.

Kenichi Akazawa
President & Representative Director

Okatazuke Service launched to address
the problems of an aging society
We launched our Okatazuke Service in 2011. Against the backdropof Japan’s declining birthrate and aging population, the public becameaware of a new social problem around 2008 and 2009, specifically, thenumber of elderlies in one-person households who were dying alone.
As a result, we received a growing number of consultations fromindividual customers and representatives of local governments.
At that time, the business of disposing of people’s personal
possessions after death, had a rather low reputation among the public,
as the nature of the services offered was vague and the pricing system
was opaque. We engaged in a great deal of deliberation before making
the commitment to enter this business, but we decided to do so after
many members of the public admitted that they didn’t know where to
go to resolve their situations, and they were being charged
unreasonably high amounts of money for these services. In responseto the lack of appropriate services available, we started our businessas a division of Daiei Corporation with a commitment to responding tothis need. We were also determined to offer our Okatazuke Service tomeet the clear public need for such a service.

Okatazuke Service and Overseas Reuse Business:
Supporting a society dedicatedto the sound circulation of materials

Creating a trusted industry by adoptinga policyof transparency regarding all charges andservices offered
Our first step in building a healthy industry was to clarify thescope of services offered and the accompanying charges and to
publicize them for all to see. By presenting a visual record of ourcharges on the company website and verifying that “no additionalcharges apply,” we established a de facto industry price standard
and enabled prospective customers to easily understand our charges
and readily compare services.
Moreover, by ensuring the same team members assume
responsibility for everything from providing the initial quotation to
performing the actual work, we have built a service system thatencourages customers to contract us with complete peace of mind
while maintaining close communication with our teams.

Selling disused items collected
through our Okatazuke Service
where they are most needed

Okatazuke Service

Overseas Reuse Service

Disposition of personal effects after
death and during one’ s lifetime

Selling “Used in Japan” items outside Japan“Used in Japan” items on display in recycling shops outside Japan.
These items are so popular that crowds form whenever a container arrives.

13

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

Okatazuke Service overseas as “Used in Japan” not only addressed
our society’s commitment to recycling, but also reduces processing
costs for our customers.
To date, we have delivered these disused items to local recycling
shops in more than 10 countries mainly in Southeast Asia. We
have determined, however, that the important strategy is to deliver
items to the locations where they are most needed. In order toimplement our management philosophy of Goho-Yoshi (beneficial
for all five parties), we deliver needed products only after conducting
thorough field surveys to determine the optimal locations.

Field surveys ensure that we ship disused items to the locations where the greatest need exists.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

14

Addressing the SDGs ThroughOur Business Operations

Five Reasons for Choosing Daikyo Clean
In fiscal 2020, the food and beverage industry was severely affected by the spread of the COVID-19 pandemic. Even under thesecircumstances, many clients continued to choose us to clean their grease traps and drainage pipes on a regular basis. This gave us great
encouragement and was a boost to our confidence. We will continue to contribute to society as our customers’ first choice.

Daikyo Clean Corporation
Becoming a desirable business by contributing to
global environmental conservation

ReasonDaikyo Clean Corporation offers a range of cleaning services that include cleaning of grease traps(oil-water separation interceptor device) installed in commercial kitchens, drainage pipes in buildings
and large facilities, and water storage tanks. As an enterprise that supports the infrastructure of thefood and beverage industry, Daikyo Clean is helping to reduce the burden on the global environment
while maintaining high levels of hygiene.

15

Masafusa Tsuda
President & Representative Director

Improving our customers’ work environments
while helping to conserve the global environment

Strengthening business capabilities witha strong organizational foundation

Daikyo Clean Corporation specializes in grease trap cleaning forthe food and beverage industry and the cleaning of drainage pipes andwater storage tanks for buildings and large facilities. A grease trap isan oil-water separation interceptor device, which collects vegetablewaste and surplus food from commercial kitchens by means of a wire
mesh basket that separates out the grease and prevents it fromflowing into the sewer system. Restaurants are required to separate
oils so that waste containing oil does not damage piping ; grease traps
function to separate out the oil by causing it to float on water, thus
preventing the oil from flowing out into the sewer system. The oilsuspended on water requires regular cleaning services to remove it,
and failure to do so can result in foul odors and pest infestations.
Daikyo Clean consistently performs all steps from grease trap
cleaning to the oil separation process in addition to cleaning thedrainage pipes and water tanks. By providing comprehensive support
for our customers’ work environments, Daikyo Clean helps to reduce
the load on the global environment while maintaining the required
degree of hygiene.

In fiscal 2020, the economic environment in which we operatechanged significantly. The spread of COVID-19 had a profound
impact on the food and beverage industry, and our grease trap
cleaning business had to be temporarily suspended. However,even under these circumstances, the continued patronage ofcustomers and continued requests for the company’s services
were a great boost to our confidence.
For more than a decade since its founding in 2010, Daikyo
Clean has been promoting market growth. We believe that thepreceding fiscal year provided an excellent opportunity for us tocatch our breath and gain a fresh perspective on our current paceof growth.
From the next fiscal year onward, we will continue to expand
the market as part of the infrastructure of the food and beverageindustry. We intend to review market needs again and actively
enter new markets. We also plan to strengthen the drainage pipe
and water tank cleaning business for stores and commercial
facilities such as hospitals, large shopping malls, and retail stores.
Moreover, during the current fiscal term, all employees wereable to reaffirm their corporate value and share their awareness of
how to increase it in the future. As a company, we believe that our
raison d’être is to become a company that can contribute to ourcustomers and society at large, but toward that end we must firstbe a company that is good to our employees. In order to remain acompany that our employees can take pride in, we intend to use
our strong organizational foundation as a new source of vigor
as we strengthen our business capabilities beginning in the next
fiscal year.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

1

ReasonReasonReason2
3
4

Daikyo Clean has performed more than 20,000 service visits annually.
With more than 20,000 service visits annually, Daikyo Clean has demonstrated the strength to respond to therequirements of all facilities with the technical skills and expertise gained from extensive business experience. In addition
to handling grease trap cleaning for the food and beverage industry, Daikyo Clean has undertaken the cleaning and repairof drainage pipes and water tanks at large shopping malls, airports and hospitals.

Comprehensive and appropriate processing through legal compliance
Companies are required to take into account the proper transportation and disposal of waste; at the same time, they must
consider environmental conservation and reduction of environmental impacts. All oil and food residues collected as part of
Daikyo Clean’s cleaning processes are properly treated as industrial waste, and a manifest is issued to confirm this processing
after all tasks are completed. As a result, Daikyo Clean has been identified as a company that carefully manages risk.

A commitment to zero complaints
In fiscal 2020, Daikyo Clean was able to maintain a record of zero customer complaints. All employees who engage incleaning tasks are fully qualified as “industrial waste professionals” who adhere to stringent work practices in all steps
including carry-in of cleaning equipment, cleaning tasks, issuance of manifests, and carry-out.

Providing services for both the uppermost andbelow-ground floors of large complexes
Daikyo Clean accommodates the needs of customers located on both theuppermost and below-ground floors of buildings and large complexes that areconsidered difficult to service. In order to meet a wide range of needs, the company
maintains a fleet of high-pressure cleaning vehicles, vacuum trucks, and portablecleaning equipment in order to respond to customer requests without exception.

Reason5

Daikyo Clean operates a fleet of work vehicles, including
eight 3-ton vacuum trucks, two 7-ton vacuumtrucks,
two high-pressure cleaning vehicles, and two 2-ton
flatbed trucks.

One-stop support for nationwide chain stores
Daikyo Clean expanded into the Kanto region in 2016 and is steadily expanding
its service area across the country. Currently based in Kansai and Kanto, Daikyo
Clean covers a service area encompassing a total of 14 prefectures. By expanding
the scale of its business nationwide, Daikyo Clean is establishing a system capableof accommodating major national chain stores through one point of contact.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

16

Addressing the SDGs ThroughOur Business Operations

Daiei
Corporation

DaikyoCorporation

Hiroyuki Kimura

Kazuhisa Morishita

President & Representative Director

President & Representative Director

By providing an essential service that helps to maintain the functioning of society,these businesses are committed to upholding our mission of ensuring business continuity.
As approved contractors licensed to collect and transport general waste, Daiei Corporation of Nishinomiya city and Daikyo Corporation of
Itami city are focused on the collection and transport of household waste, commercial waste, and oversized household waste. As part of thesocial infrastructure, they contribute to their communities while remaining committed to the continuing and uninterrupted operation of theirrespective businesses at all times.

17

Fulfilling our responsibilities as an integral componentof social infrastructure while maintaining uninterrupted
service even in the event of an emergency

A commitment to formulating and implementing
the BCP (business continuity plan) in anticipation ofnatural disasters and epidemics of infectious diseases

Daiei Corporation and Daikyo Corporation collect and transport
household and commercial waste and collect oversized household
waste in the cities of Nishinomiya and Itami, respectively. They
regard their businesses as a service industry that contributes to amore comfortable life on a daily basis and always aim to provide
better services. In light of the situation caused by the recent COVID-19
pandemic, they have reaffirmed that their business is an integral
component of social infrastructure that must continue under all
circumstances for the benefit of all citizens. All employees haverenewed their determination to support the social infrastructure as
essential workers and have taken all possible measures to fulfill
their responsibilities and prevent the spread of the virus.

Daiei Corporation and Daikyo Corporation are focusing on
formulating and implementing their BCP for eventualities that
could hinder the performance of services. These events include
natural disasters caused by global warming in recent years and the
spread of the COVID-19 pandemic.
Since March 2020, when COVID-19 began to spread, thoroughinfection control measures have been implemented according to
the BCP, and the safety of all employees involved in this work has
been assured. Specifically, the companies established and reviewed asystem requiring all employees to thoroughly wash their hands
and wear masks, disinfect vehicles after work, and reduce contact
with others by maintaining distinct teams of drivers and assistants.
They also reduced the number of internal meetings and devised
ways to hold morning meetings and end-of-day meetings out ofdoors. All employees worked together to combat the spread of theinfection, and although some operations were affected, they wereable to fulfill the mission of maintaining the reliability of all waste
collection operations.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

A BCP that includes an operations management
system for waste collection vehicles

Fulfilling all responsibilities with pride
while protecting the local community

As part of the BCP, an operations management system forhousehold waste collection vehicles has been introduced. Drivers
involved in environmental operations require familiarity with thelocations and the roads along their assigned waste collection
routes. It is a job that depends on the experience and intuition ofindividual drivers. The acquisition and systemization of thisinformation through AI has enabled drivers and workers to collectthe waste efficiently even along routes they are unfamiliar with.
Therefore, in the unlikely event of a vacancy or absence, support
can be provided among contractors and within the group.
In Itami city , the Itami Environmental Business Cooperative
has already introduced an operations management system forhousehold waste collection vehicles on a trial basis, with the goalof a full-fledged introduction during the next fiscal year. As a result,by implementing a cooperative system that goes beyond a single
company, these companies are helping to establish a system that
protects the lives of local citizens. In addition, Daiei Corporation isplanning to introduce this system in Nishinomiya city , and it is alreadyin effect on a trial basis along some routes.
By carefully preparing a BCP, they have put in place acomprehensive system to continue providing services to local
residents even in the event of an emergency.

During the COVID-19
pandemic, the workers
received many letters of
thanks as well as supportivecomments from residentsof the local communities.
These sentiments werehighly encouraging to all
workers as they laboredamid concerns about therisk of infection. The letters and message cards that were handed
directly to the employees as well as the message cards that were
affixed to garbage bags were all taken back to the company andposted across the walls of the company’s offices in order to share
the positive messages with all employees.
While this work remains basic and necessary, the warm
encouragement of local residents left each and every employee
feeling quite grateful that members of the public clearly recognized
the importance of their work to society at large. They will continue
to perform their tasks with pride in the recognition that they arepart of the societal infrastructure that supports the prosperous wayof life enjoyed in the region.

TopicsContributing to the reduction of waste and the preservation of the global
environment through the waste weighing system and a metered rate system
Daiei Corporation and Daikyo Corporation have both introduced Scale Packers, waste collection vehicles
with a scale that weighs the waste as it is loaded into the vehicle, as well a waste weighing system that monitors
the amount of waste collected from each customer. By offering a metered rate system that provides visual indicationof the amount of waste collected and issues invoices according to the amount collected, they are contributing
to increased customer awareness of how a reduced quantity of waste results in reduced processing costs.

Donating sweet potato seedlings to elementary schools as part ofenvironmental education and food education initiatives
As part of its commitment to CSR (corporate social responsibility), Daikyo Corporation greatly values its ties
to its local communities. Every year since fiscal 2010, it has donated sweet potato seedlings to elementary
schools, special needs schools, kindergartens, and other such institutions in Itami. Through this effort. They arecontributing to the environmental education and dietary education of children by encouraging them to cultivate
these seedlings. The seedlings are germinated in leaf compost under the Kabutoyama Farmland Project, which
is presided over by the Learning and Ecological Activities Foundation for Children (LEAF), an NPO in which ourGroup also participates. In fiscal 2020, a total of 2,031 seedlings were donated to 33 facilities comprising 15
elementary schools, one special needs school, eight kindergartens, six nursery schools, and three certified childcenters . All involved remain dedicated to developing such initiatives in cooperation with like-minded local residents.

Promoting the participation of women through the Sakura Team,an all-female waste collection teamIn 2017, Daiei Corporation launched the “Sakura Team,” the Kansai area’s first all-female waste collection
team. Currently, two of these Sakura units are collecting household waste in Nishinomiya. The retention rate of
employees in this assignment is high because no overtime work is required, making it easy to balance houseworkand child care. What’s more, communication with local residents is an enjoyable aspect of the job, and theoutdoor work is healthy and fulfills the need for exercise. The brightness of the Sakura team also adds a lively
spirit to the company. Daiei Corporation believes it can create an environment in which women work in goodspirits while contributing to the cleanliness of the region.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

18

ESG initiatives

Corporate Governance
We will strengthen our efforts to implement sound and highly transparent
management while validating the trust of our stakeholders.

Since its founding, our group has developed its business with a singular mission of responding honestly to the challenges
faced by local residents and nearby industries. We also strive to fulfill our social responsibilities as a corporate group integrated
with society. In addition to strengthening our corporate governance, we have been addressing environmental and social
management issues for many years and have continued to take gradual steps forward. We will continue to focus on solving
emerging social issues and industrial challenges by building on the management foundation we have established to date.

Our Approach

The Good Holdings Group contributes to the development of society by providing outstanding products and services
through businesses committed to sound and transparent corporate management while observing all relevant laws andregulations. Our basic approach is to meet the expectations of our stakeholders while validating their trust in us.

Corporate Governance■Organizational governance■Compliance with laws and regulations■Information disclosure and accountability

Organizational GovernanceManagement system

Emphasizing assured transparency and seamless execution of operations
To remain a trustworthy corporate group capable of validating the trust all stakeholders place in us, we strive for sound and highly
transparent management and execution of operations. We also strive to establish sound corporate governance with the aim of ensuring
sustainable growth for the entire group while enhancing corporate value over the medium and long terms.

Environmental Initiatives■Material balance

Our Corporate Governance System■Goals and achievements of initiatives■Efforts to reduce environmental impact

General Meeting of Shareholders■Environmental performance data

Appoints & dismisses

Appoints & dismisses

AuditsBoard of Directors
Selects, dismisses & supervises

With Employees■Goals and achievements of initiatives■Human resource initiatives

President & Representative Director■Occupational health and safety initiatives

Instructs■Creating an environment in which people can work with confidence

Reports

Instructs

Risk & Compliance Committee

Risk management

With the Community■Goals and achievements of initiatives■Addressing consumer issues

Board of Corporate
Auditors

Reports■Communicating with customers■Responding to complaints and accidents

Reports

Reports Instructs

Reports

Instructs

Reports

Group Director Liaison Committee

Instructs andsupervises

Respective Divisions & Subsidiaries

Reports
AuditsInternal Audit Office

Coordinates

Other Bodies
Board of Group Department Managers

This assembly of all group executives convenes for the purpose of information-sharing as well as reviewing
and improving the activities of the various companies. The financial results and activities of each company arereported, and the useful initiatives and challenges of the respective parties are identified and recognized.

Business Meetings/Regular Meetings of Each Company

19

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

Discuss and issue corporate policies to ensure smooth business operations.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

20

Together with the Community
Compliance Status

Publication of Annual Sustainability Report

No record of serious violations of laws in
fiscal 2020

Published annually as a communication tool thatconveys our progress on social and environmental
initiatives as well as our business activities

We have specified the relevant laws to be observed on acompany-by-company basis and ensure that they are duly
observed.
We verify that the required reports are submitted to therelevant authorities on schedule and that the business has
been properly run according to the law.
We observed no record of any serious violations of laws
in fiscal 2020.

Relevant laws (in part)
Law

Main content

Waste Management andPublic Cleansing Act

Waste disposal standards, manifest management,
contract-making and management, requirements forcollection/transport vehicles (display of signage andmarkings)

Air Pollution Control Act

Emission standards for NOx, soot, dust and othersubstances

Sewerage Act

Effluent standard for sewage water and associatedfacilities

In an effort to inform the public about our industrial waste
disposal business and the principal activities of the Good HoldingsGroup, REVACS Corporation has been publishing an annual
sustainability report since fiscal 2002. Daiei Corporation andDaikyo Corporation followed suit in fiscal 2008.
In fiscal 2015, following the Group’s shift to a holding company
system, the Good Holdings Group integrated these various
company-specific reports into a single edition.
Our Sustainability Report 2020, published last year, wasrecognized for the second year in a row with an Award of
Excellence from the Environmental Communication Awards.
We will continue to improve the Sustainability Report, as it
represents an important method of communicating with our
stakeholders.

Becoming a corporate group that seeks to contribute to the community
and the planet as a whole

Basic Approach

Holdings Group promotes social initiatives intended to help resolve environment issues, promote community
engagement, and contribute to the development of the communities in which we operate.

Objective and Achievement［ Theme ］To be a secure and trustworthy company

Target for 2020
REVACS Corporation

Relief Corporation

Noise Regulation Act,
Vibration Regulation Act,
Offensive Odor Control Act

Noise, vibration and odor standards

Road Traffic Act

Running speed, stopping and parking restrictions,prohibition against excessive loads

Road Transport Vehicle Act

Requirements for vehicle maintenance and inspection

Act on the Rational
Use of Energy

Requirements for energy consumption reports,
appointment of administrators, and other requirements

Act on Promotion of Global
Warming Countermeasures

Reporting of CO2-equivalent greenhouse gas emissions

Industrial Safety and
Health Act

Safety assurance ; appointment and publicizing of healthand safety monitors ; cleaning up ; and other tasks

Ordinance on Preventionof Anoxia

Measurement of oxygen concentrations ; regular stocking
and monitoring of protective equipment and escapetools ; and other tasks

Fire Service Act

Provision of fire defense plan training ; fire monitoring;and other tasks

Environmental Protection
Agreement with
NishinomiyaCity

Determining a method of measuring air pollution andfoul odors and the like and their frequency of occurrence

In an effort to contribute to the emergence of a sustainable society through our business operations, the Good

Daikyo Clean Corporation
Daiei Corporation

Good Holdings Group

Target for 2021

Offering safe and reliable waste
treatment services
Reducing food wastage worldwide

Donations to the Kansai Food Bank
Providing facility tours
Issuing an email magazine
Holding seminars

To contribute to the local community

Participation in Kodomo Nogyo-juku
Issuance of the annual Sustainability Report

Presentation of the lifetime disposition seminar
Holding of a joint memorial service

Presentation of the lifetime disposition seminar
Holding of a joint memorial service

Participation in social contribution initiatives

Participation in Kodomo Nogyo-juku
Issuance of the annual Sustainability Report

Participation in social contribution initiatives

Participation in social contribution initiatives

Issuance of the annual Sustainability Report
Participation in Kodomo Nogyo-juku

Participation in social contribution initiatives

To interact with the local community

Participation in local cleaning events

Participation in social contribution initiatives

Issuance of the annual Sustainability Report
Cleaning activity (weekly)
Donation of sweet potato seedings to primaryschools

To interact with the local community
Participation in social contribution initiatives

Participation in social contribution initiatives
Donations to charities
Issuance of the annual Sustainability Report
Submission of applications for awards

Participation in the Kodomo Nogyo-juku
Donation to Child’s Dream, an NPO
Issuance of the annual Sustainability Report
Submission of applications for awards

Participation in social contribution initiatives
Donations to charities
Issuance of the annual Sustainability Report
Submission of applications for awards

2020
2021

Daikyo Corporation

Achievement in 2020

Offering safe and reliable waste
treatment services
Reducing food wastage worldwide

To contribute to the local community
Participation in Kodomo Nogyo-juku
Issuance of the annual Sustainability Report

Participation in Kodomo Nogyo-juku
Holding alternative events to Kodomo Nogyo-juku
In fiscal 2020, the “Rice and Potato Harvesting Experience”
was held on October 18, 2020 as an alternative event to Kodomo
Nogyo-juku. In order to minimize the spread of Covid-19 and promote
safety, the participation of urban elementary school students washalted and only employees of our Group companies and theirfamilies participated in the event.
In addition, the Good Holdings Group’s initiative at the Kodomo
Nogyo-juku received the Encouragement Award under the 2020
Awards for Companies Promoting Experience-based Learning
Activities for Youth from the Judging Committee of the Ministry of
Education, Culture, Sports, Science and Technology.

21

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

22

Hosting of JICA Trainees
Helping participants from other countries solve
problems related to waste
The Kansai Center of the Japan
International Cooperation Agency(JICA Kansai) provides training
to improve the administrative
capabilities of municipal employees
involved in waste treatment invarious countries. In fiscal 2020,
this training was not offered due to the impact of the COVID-19
pandemic, but in February 2020, just prior to the outbreak, REVACS
Corporation hosted trainees from JICA Kansai.
The training was conducted to improve the administrative andmanagement capabilities of government and municipal employees
responsible for waste treatment. Six people visited the company fromthe countries of Bangladesh, Egypt, Georgia, Myanmar, Pakistan
and Turkey. The trainers provided explanations of the recycling
business, the treatment of industrial waste, and energy-efficiency
measures. They also participated in tours of drying facilities as wellas crushing and bag-breaking facilities.

Blood drive to raise public awareness of theimportance of blood donations
Providing support for blood drives
As part of its social contribution initiatives, Daiei Corporation
supports the blood drives conducted by the Japanese Red Cross
Society. In fiscal 2020, we encouraged the employees of all ouroperating companies to participate in our August Blood Drive. Thiseffort was successful, as more than 32 people attended, with 26
donating blood. As concerns
have arisen about a decline in thenumber of people who volunteer
to donate blood, we will continue
to cooperate proactively as a“blood donation supporter”thatcontributes to the effort to raiseawareness of blood drives andthe need to donate blood.

Participation in Exhibitions

Media appearances and publicizing of achievements

Creating opportunities to meet many people

Initiatives of our various group companies asappearing in a variety of media

Our group companies are participating in various exhibitions toincrease public awareness of our businesses and our corporatesocial responsibility initiatives. These also present opportunities
for hearing about the various issues many are facing today.

Major Exhibitions in Fiscal 2020
Month

Organizer

Jul

REVACS Corporation

Nov

Daikyo Clean Corporation Building Maintenance & Clean EXPO 2020

Maintenance Resilience, OSAKA 2020

Corporate Sports

Our group put together a sailing team in 2013. This team has ahistory of achieving excellent results in numerous competitions.
In October 2019, it racked up a series of achievements such as
its participation in the world championships as a representative ofJapan. In April 2020, one new employee joined the sailing team withthe goal of playing an active role. Due to the COVID-19 pandemic,
however, many national tournaments were canceled or postponed: asa result, only two tournaments were held. Against this background,the team competed diligently in September 2020 to finish third in
the International Snipe Class Kansai Championship, thus qualifying
for the All Japan Snipe Class Yacht Championship in November.

We believe it is essential that both our customers and consumers
alike develop an interest in and knowledge of environmental andsocial issues. Toward this end, our various companies distributeinformation on a regular basis and provide opportunities forencouraging consultation.

Event
Mainichi Newspaper Online Seminar : “End-of-Life Disposal of Personal Effects”

Nov 2020

Welfare Funeral Life Arrangement Seminar : “Arranging Your Affairs : A Stitch in Time
Saves Nine”

Dec 2020 Senior Life Yorozu Counseling Room : Trade fair offering services for seniors

23

Jan 2021

Odakyu Real Estate Setagaya : “Cleaning up a Parent’s Home & Dealing with Vacant Housing”

Jan 2021

Odakyu Real Estate Shinyurigaoka : “Cleaning up a Parent’s Home & Dealing with Vacant Housing”

Feb 2021

Kwansei Gakuin Realtors Club Study Group : “Basics of the Waste Disposal Law :Application to Real Estate Transactions”

Feb 2021

Nichiryoku “End of Life Seminar”

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

issued by Kobe Shimbun

February 12, 2021 : Mega Solar Businessissued by Nikkei BP

February 22, 2021 : The Recycling Economy Times

issued by Nippo Internet

Relief Corporation
Name

Interviewer / Publisher“Professional Handling of Personal Effects”

A commercial broadcast on various TV stations

April 1, 2020 : Monthly the Waste

issued monthly by Nippo Internet

May 4, 2020 : Japan Rental Housing Newspaperissued by Zenkoku Chintai Jutaku Shimbun

August 17, 2020 : Japan Rental Housing Newspaperissued by Zenkoku Chintai Jutaku Shimbun

Autumn 2020 : Japan Tax Journal No. 38

issued by Nichizei Business Service

Sep International Snipe Class Kansai
Championship : Yamamoto & Tanabe,
3rd place
Nov All Japan Snipe Class Yacht
Championship : Yamamoto & Kuwahara,
41st place

Interviewer / Publisher
issued by Nippo Internet

Name
June 10, 2020 : Sankei Shimbun

Interviewer / Publisher
issued by Sankei Shimbun

Exhibitions

Business Continuity Planning (BCP)
BCP Disaster-Response Headquarters established.
Our Group has identified the risks of damage from powerful earthquakes and typhoons as requiring a priority response in order to protect
the health and safety of employees and their families. In order to expedite the recovery of the local community and provide assistance to sustain
our customers’ business operations, we have established a BCP Disaster Response Headquarters to ensure that our business operations can be
maintained or resumed without delay.
In addition, in March 2020, in order to maintain the health and safety of employees and ensure the continuation of business with a social
mission in response to the COVID-19 pandemic, the BCP Disaster-Response Headquarters established a COVID-19 countermeasures division.
Discussions were held and information was shared on business risks, measures to protect against infectious diseases, and compensation forleave of absence to infected employees, among other topics.

EventsActivity Report & Results for 2020

Name
September 14, 2020 : The Recycling Economy Times

Daiei Corporation

Outline of discussions of COVID-19 countermeasures
held at the BCP Disaster-Response Headquarters

Major Industry Seminars in Fiscal 2020
Relief Corporation
Month

Interviewer / Publisher

Daikyo Clean Corporation

Initiatives to raise awarenessJul 2020

Name
June 17, 2020 : Kobe Shimbun

Event

Our sailing team is an active participant in several
competitions

Participation in Industry Seminars

REVACS Corporation

Three discussions held at the BCP Disaster-Response
Headquarters from March to April 2020

Overview Discussions touched on the business impacts and risks
to each Group company, response policies and issues,
specific infection prevention measures, consideration of
employee leave compensation and subsidies, information
monitoring from the national and local governments,
information sharing, and other topics.

BCP Training
BCP training was conducted in July and October 2020. We
carried out initial responses and safety checks in anticipation of
typhoons and earthquakes.

Introduction of the Safety Status Confirmation System
In September 2020, we introduced a safety status confirmation
system to ensure that employees (including regular employees aswell as part-time employees and employees posted on assignment)
could report their safety status quickly and reliably in the event of
a disaster without relying on input from human resources. This has
made it possible to confirm the safety status of employees andcommunicate necessary information in a short time.

Revision of the BCP manual
In August 2020, in response to the COVID-19 pandemic, we
added a COVID-19 response section to the BCP manual that includes
specific details from the initial response, such as preventive
measures to address infectious diseases, reporting the suspected
presence of an infectious disease, cases where a person become aclose contact and cases where a person becomes infected.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

24

The Good Holdings Group supports
the Child’s Dream charity.
About Child’s DreamIn the late 1990s, the Mekong Sub-Region countries of
Cambodia, Vietnam, and Laos slowly transitioned from planned
economies to market economies. As members of the Associationof Southeast Asian Nations (ASEAN), these countries havesucceeded in achieving remarkable economic development amid
rapid change in their societies. On the other hand, the gap between
urban and rural residents have widened significantly and serious
humanitarian crises still arise. These are intertwined in a complex
manner with issues such as economic inequality, civil war, andpolitical instability.
Child’s Dream, a charitable organization established in 2003,

is dedicated to providing unconditional help for underprivilegedchildren who lack educational opportunities due to human rights
violations.
Hanoi
This organization has
MyannmarLaosbeen supporting such
Vientiane
initiatives with the goal of
YangonThailand
improving the medical andeducational environments
for these children incooperation with theircommunities.

BangkokCambodia
Vietnam
Phnom Penh
Mekong rive

Our Support Efforts
Relief Corporation adheres to a management policy known as
Goho-Yoshi (”beneficial for all five sides)” with the aim of satisfying
both the seller and the customer while contributing to society.
We are actively engaged in efforts to resolve various social
issues so that employees can achieve personal growth and build
wealth as we contribute to the emergence of a sustainable society
for the next generation. Furthermore, we intend to contribute to thecreation of affluent societies around the world.
In 2013, we launched our overseas reuse business, whichships disused articles collected through our Okatazuke Service topeople in other countries who can make use of them. To date, mostof these items have been exported to Southeast Asia. The more wevisited the outlying areas of these various countries, the more weobserved economic disparities and a variety of other social issues.
We concur with the objectives of the Child’s Dream charity,
which supports children’s independence by providing them witheducational opportunities so they can address future solutions. As
a result, we decided to contribute a portion of our profits to thischarity organization.

Child’s Dream Initiatives
The initiatives of Child’s Dream are focused on three areas:
health, early education, and higher education. Education is anespecially powerful driver of poverty reduction and sustainableeconomic development. It is important to improve these children’s
skills with regard to understanding and judgment througheducation in order to construct a foundation for cultural peace andsocial cohesion. Moreover, education can contribute to higher

levels of income and high-quality employment opportunities.
However, many children do not receive adequate education due tohealth problems. Child’s Dream has responded by providing
children with health programs and life-saving treatments so that as
many children as possible can take advantage of these educational
opportunities.

Achievements of Child’s Dream in 2020
Higher Education

We aim to impart knowledge as well as technical and communication skills
sufficient to generate employment opportunities and an adequate income.

Early Education

We aim to offer educational opportunities for all in order to improve literacy
and create alternatives to exploitation.

HealthWe aim to reduce infant mortality and provide children witheducational opportunities.

Higher
Education• 8,163 students received vocational training for future employment.
• 621 university scholarships were awarded.

Basic
Education• 344 school buildings were constructed.
• We supported high school scholarships awarded to 2,302 students.

Health• 3,054 community members received drug prevention and awareness training.
• 20,069 children were taught the basics of health and hygiene.
• 1,950 children received life-saving operations and medical interventions.

GOOD HOLDINGS GROUP SUSTAINABILITY REPORT 2021

25