Value Creation Story

Business Overview

ESG Activities

Corporate Information

Value Creation ProcessThroughout our business activities in the value chain centered on the automotive lighting business, the KOITO
Group aims to resolve various social issues to materialize a sustainable society and increase our corporate value.

Business Model of- A Leading Company in

the KOITO Group

Automotive Lighting Equipment Value Chain

Social Issues
Environment● Prevention of global warming● Reduction of environmental

impact substances and waste● Conservation of water resources

Safety / peace of mind
● Reduction of trafﬁc accidents● Technological development

contributes to materialize asustainable society● Enhancement of product quality

Corporate foundation● Compliance● Corporate governance● Information security● Human resource development● Healthy and safe workingenvironment● Workstyle reform● Respect for human rights● Disaster prevention

Managerialresources

automobile industry● Progress in technologicalinnovation (IoT/AI)● Growing social demands for

decarbonization and ESG

Production andQuality Management

Marketing

Values provided to society(Safety / peace of mind / trust)Environment

Financial Capital● Reduction of CO 2 emissions of automobiles,

Total assets 855.2 billion yen
Net assets

627.3 billion yen

Manufacturing Capital
Capital expenditures 35.8 billion yen

Intellectual Capital
R&D expenditures 34.0 billion yen

3,090
Number of patents applied 867
R&D personnel

aircraft and railway cars

● LED Headlampʼs Contribution on CO 2

Automotive Lighting Equipment

Reduction: 365.5 thousand tons (FY 2022)● Reduction of environmental impact substances

Contributing to safety and peace ofmind of automotive society

Safety / peace of mind

The KOITO Group delivers headlamps with world-classbrightness, instantaneous lighting, low power consumption, and long life. We also produce rear combination
lamps and other products by developing cutting-edge
technologies to pursue even better safety and designs.
Our products are widely used by automobile manufacturers all over the world.

● Improving night vision and reducing trafﬁc

accidents by providing LED headlamps and ADB● Promoting development of energy-saving andlightweight products

Corporate foundation● Strengthening ESG activities● Promotion of workstyle reform● Contribution to local communities

Human Capital
Number of employees 23,454
Overseas employees

67%

Social and Relationship Capital

58.9 %

Extensive communication with employees

Natural Capital(KOITO MANUFACTURING)● Intensiﬁed competition in theProcurement(FY 2022)

Overseas net sales

Business Issues

R&D

P.16

Resin materials 43,807tons

Aviation Products
Promoting energy efﬁciency and reducing
CO2 emissions in aviation lighting
By adapting LEDs into interior lighting devices (cabinreading lights, ceiling lights, sidewall lights and others)
and exterior lighting devices (landing lights and others),
the KOITO Group provides product with high energy
efﬁciency and long life. These lamps help cutting
operational costs while delivering superior reliability.

Electricity

107,732,000kWh
Utility gas 1,902,000 ㎥
2,897tons
LPG
654,000 tons
WaterCorporate foundation tosupport our value creation

Railway and Other Products

Creation of corporate value

Contributing to safe and securedtransportation
The KOITO Group manufactures and sells railway LED
headlamps which improve visibility while lowering power
consumption and seats for railroad cars. We also produce
and sell a wide variety of lighting equipment, frommarine vessels to the roadways and bridges that provide
daily transport, and even to theme parks and stadiums.

P.2
The KOITO Group Corporate
P.15
Behavior Charter
Corporate Governance
P.54
Corporate Principles(FY 2022)

Net sales

760.7 billion yen

Operating income

53.4 billion yen

Operating income ratio over net sales

7.0 %Proﬁt attributable to owners of parent 38.3 billion yen
ROE

6.8%

Materiality

P.14
12

KOITO INTEGRATED REPORT 2022

KOITO INTEGRATED REPORT 2022 13