Message fromTop Management
Contributing todevelopment of society
by providing new value
the world needsIʼm Hiroaki Nanjo, and I became President and CEO of
Takuma in April.
The Takuma Group, which has adopted the goals of“aiming to maintain our role of being an indispensable
presence in society as a leading company in the ﬁeld of
renewable energy utilization and environmental protection”
and of achieving ordinary proﬁt of JPY 10 billion in FY2020,
has embraced a vision of building structures capable ofconsistently earning an ordinary profit of at least JPY 10
billion even as the business environment undergoes aprocess of significant change. As the final stage in our direct
to achieve that vision, we are working to implement the 12th
Medium-Term Management Plan (FY2018 to FY2020). That
effort includes a variety of business activities undertaken as
part of the Plan, which outlines a three-year period during
which we have sought to boost our corporate capabilities tofacilitate the achievement of our vision and consistent
growth afterwards based on a sure assessment of how thebusiness environment is likely to change in the future.

Continuing to be a company that plays
an essential role in societyIʼd like to take advantage of this opportunity to describe
my basic approach to management as I take on these new
responsibilities.
First, I believe in the importance of respecting ourManagement Principles. The Takuma and Takuma GroupManagement Principles state, “Takuma will strive for social
contribution, corporate value enhancement, long-term
corporate development and the satisfaction of all
stakeholders by providing goods and services that areneeded and recognized as valuable in society.” That impetus
can also be found in our founding spirit of “Service to thenation through boiler manufacturing*,” and it means
contributing to the world through the goods and services
that we create. It also informs corporate social responsibility(CSR), which we have currently embraced as a key issue inthe companyʼs management. Companies must build andmaintain good relationships with a variety of stakeholders,
including customers, business partners, employees,
shareholders, and investors. Such relationships cannot berealized in a day. The first step is for the company to conduct
itself in a way that inspires trust on the part of stakeholders.

3

TAKUMA CSR Report 2019

Through endless effort to provide new value after
conducting ourselves in line with the dictates of legal
compliance, impartiality, ethical values, and social mores
while ensuring transparency in decision-making andfulfilling the obligations of accountability, we must build andmaintain good relationships; only then will society
acknowledge the value of Takumaʼs continued existence. I
believe that management is founded on corporate
governance, compliance, and risk management.
Second, I embrace the practice of seeing things from botha short-term and a medium-/long-term perspective. As thebusiness environment continues to undergo significant
change, we are called upon to deal with those changes in an
appropriate manner and to generate results as we do so.
Additionally, as a publicly held company, we are required toincrease management efficiency and to improve our
performance. However, merely pursuing short-term profits inthe context of an effort to achieve long-term development of
the business while satisfying all stakeholders is unlikely tolead to sustained growth. We must cultivate a medium- andlong-term perspective and incorporate it into ourmanagement while reliably dealing with the immediate
opportunities and issues that present themselves to us. In
particular, the Groupʼs products̶Energy from Waste plants,
water treatment plants, and energy plants̶are key parts ofsocietyʼs underlying infrastructure, and as such they operate
for 20 to 30 years after being delivered to the customer. We
will continue to work to manufacture optimal products
through careful attention to all phases of the life cycle, fromdesign to construction and maintenance, in order to ensurethat customers can utilize these facilities for as long, and in
as effective a manner, as possible. At the same time, ESG
investment is attracting attention as a means of boosting
corporate value over the long term. We will contribute tosociety by focusing even more closely on developing andsupplying products and services that make contributions to
the environmental priorities of reducing environmental
impacts and lowering greenhouse gas emissions.
Third, I am committed to carrying on a good corporate
culture that allows all employees to pursue their jobs withenthusiasm and ambition while enjoying personal growth.
Takuma has created a culture that encourages such growthby allowing relatively inexperienced employees to take on
job responsibilities so that they can gain motivation andexperience a sense of accomplishment while being mentoredby supervisors and older colleagues. I look forward tocontinuing to develop an environment that allows each
Takuma employee to approach his or her job with a desire to
improve, to take full advantage of his or her skills andabilities, to grow through the companyʼs activities, and toenjoy a sense of motivation and happiness.

Message from Top Management

the sustainable

Assessing change in the businessenvironment and boosting our ability
to grow

TAKUMA CSR Report 20194

Message fromTop Management

Value Technology, Value People, Value the Earth

Takuma will strive for social contribution, corporate value enhancement, long-term corporate development and thesatisfaction of all stakeholders by providing goods and services that are needed and recognized as valuable insociety.

Accommodating customersʼ diversifying
needs through new initiatives such as
the O&M* businessCurrently, Takumaʼs principal businesses include the Solid
Waste Treatment Plant Business; the Energy Plant Business,
which includes our Package Boiler Business; and the Water
Treatment Plant Business. These three core areas ofoperations have grown thanks to continuous effort overmany years, and by cultivating trusting relationships withcustomers, they have earned us excellent market share. We
are now embarking on a new initiative that will seek todevelop an O&M business for energy plants, an area thatshares our focus on maintenance, into a robust contributor
to Takumaʼs bottom line by taking advantage of theexperience weʼve gained in solid waste treatment plants.
Continuous action will be needed in the future in order toaccommodate customersʼ diversifying needs so that we cancontinue to grow. Through the creative efforts of all
employees, we will show the way forward for each businessso that we can achieve the goals of the 12th Medium-Term
Management Plan and realize our medium- and long-term
vision for the next stage in our history.

Helping solve social issues fromthe worldʼs standard perspective
Takuma has been a signatory to the United Nations Global
Compact* since 2006, and we support its 10 fundamental
principles in the 4 areas of human rights, labour,
environment, and anti-corruption. We will work to develop
our business while understanding and respecting these
globally shared principles. In addition, concerning theimplementation of the Sustainable Development Goals(SDGs) adopted by the United Nations and the provisions of
the Paris Agreement adopted at COP21, the Group is helping
resolve social issues with technologies for reducing
emissions of greenhouse gases like carbon dioxide throughsuch means as high-efficiency generation of electricity using
waste and biomass.
In closing, in compiling this CSR Report we have sought
not only to provide a resource by means of which a broad
range of stakeholders could learn more about the Takuma
Groupʼs activities, but also to help each and every Group
employee think carefully about CSR and bring thatperspective to bear in his or her work. We at the Takuma
Group encourage readers to offer their candid views andadvice, which we will carefully review in order that wemight better resolve social issues and contribute to thesustainable development of society.
July 2019

Hiroaki Nanjo
President and CEO
Takuma Co., Ltd.

* Service to the nation through boiler manufacturing:
It was the Company Motto of Takuma, then Takuma Boiler

The Takuma Group has joined the United Nations

Manufacturing Co., Ltd., founded by Mr. Tsunekichi Takuma,

Global Compact (UNGC), which is a voluntary effort

one of the ten great inventors of Japan during the Meiji andto create a global framework for implementing

Taisho periods (1868-1926).

sustainable growth by having companies and groups* O&M: Operation & Maintenance5* United Nations Global Compact:

TAKUMA CSR Report 2019

exercise responsible and creative leadership while
acting as good members of society.

Message from Top Management

The founding spirit of Takuma was “Service to the nation through boiler manufacturing,” which in present-day
language means “contribution to society by supplying goods and services that we yield.” This spirit can also be
applied to the concept of Corporate Social Responsibility (CSR) that in recent years has become a vital issue forcorporate management. The management principles of the Takuma group companies are all based on the said
founding spirit.

Takuma and the Takuma Group companies believe that it is essential for the sound development of the groupthat all of the directors and employees remain aware of our social responsibilities and the circumstances
surrounding us as well as act in response to social ethics complying with applicable related laws and ordinances.
Bearing the above in mind, we have established and will promote this ethics charter as our code of conduct, aiming
to realize our management principles.
1. We shall strive for proactive social contribution while establishing a harmonious coexistence with the global environment as
good corporate citizens.
2. We shall act in good faith in accordance with sound business custom, while complying with applicable laws and regulations
and committing ourselves to fair, transparent and free competition, as well as conducting lawful business activities.
3. We shall never have any relationship with antisocial forces or organizations, which may pose a threat to the social order andsecurity of civil society.
4. We shall respect fundamental human rights and never practice discrimination.
5. We shall strive to provide high quality products and services, based on our advanced technologies, to attain high acclaim andconfidence from our customers.
6. We shall strive to disclose corporate information to shareholders and investors through investor relations (IR) and otheractivities on a timely and equitable basis.
7. We shall strive to protect corporate properties as well as information, while never using either for improprieties or any
unjustifiable purpose other than normal business operations.

Harmony with society

Practice of customer satisfaction

Practice of compliance with laws and ordinances as well
as sound economic activities

Making appropriate disclosure of information

1. Coexistence with the global environment
2. Coexistence with international society
3. Practice of social contribution activities

4. Free competition and fair trade
5. Relationship with politics and public
administration
6. Policies concerning business entertainment andgift-giving
7. Prohibition of involvement in anti-social activities
8. Appropriate export and import transactions

Respect for basic human rights

12. Safety of products and services as well as
ensuring reliability
13. Policies concerning advertising

14. Transmission of corporate information
15. Ensuring reliability of financial reporting
16. Prohibition of insider trading

Protection of corporate properties and information
17. Management and proper use of corporate
properties
18. Handling of confidential information
19. Intellectual property protection

9. Prohibition of discriminatory actions
10. Respect for individuality, personal quality, andprivacy
11. Safe work environment

TAKUMA CSR Report 20196

Takuma Group 12th Medium-Term Management Plan - An Overview (FY 2018 to 2020)

1.Positioning of the 12th Medium-Term Management Plan
●
●

500

The plan represents the final stage of the current medium- and long-term vision (corporate vision), for which FY2020 is the target year.
During its three years, we will achieve the vision and boost our corporate capabilities to prepare for steady growth in the future in response
to future changes that are forecasted to occur in the business environment.

Previous medium-and
long-term vision

Current medium- and long-term vision(corporate vision)

Next medium- andlong-term vision

Aim to maintain our role of being an indispensable presence in society as a leading company in the field of renewableenergy utilization and environmental protection.
Ordinary profit of JPY 10 billion in FY2020 (Build structures capable ofconsistently earning ordinary profit of at least JPY 10 billion even as thebusiness environment undergoes major changes.)

11th Medium-Term Management Plan
(FY2015 to FY2017)

Strengthening of corporate capability
to facilitate steady growth

10 Medium-Term Management Plan
(FY2012 to FY2014)

Steady expansion in terms of bothquantity and quality

Cumulative ordinary profit target

9th Medium-Term Management Plan
(FY2009 to FY2011)

Reinforcement of business foundation
for stability and proﬁtability

Cumulative ordinary profit results

Proﬁtability through selection andconcentration of resources

Cumulative ordinary profit resultsth

2.Policies of the 12 Medium-Term Management Planth

Many of the Groupʼs products are used for a long period oftime, for example for 20 or 30 years from the time of delivery.
Offering high-quality after-sales service in an ongoing mannerso that customers can use those products more effectively andover a longer period of time contributes to both customersʼ andthe Groupʼs profits, helping to create a foundation for stable,
long-term earnings.
We will work to further strengthen and expand our revenue
foundation by continuing to provide high-quality solutions
throughout the plant and product life cycle as we meetcustomersʼ diversifying needs in an individualized manner.

❷Achieving sustained growthOver the 80 years since the Groupʼs founding, we have built a
reputation as an essential part of society by providing productsthat are recognized for their value utilizing our technologies
which are the core part of our company.
We will create customer value by continually developing unique
technologies, services, and business models based on Takumaʼsstrengths such as the technologies, track record, experience, andexpertise that weʼve accumulated through our business activities
to date. In addition, we will work to secure sustained growth bysecuring and creating competitive advantages as we respondquickly to changes in the business environment, such as evolving
customer needs and emerging social issues.

❸Increasing productivity, for example byreforming business processes

The nature of the Groupʼs businesses is undergoing major
evolution as the business environment changes, for example
due to changes in social structure such as the shrinking and

TAKUMA CSR Report 2019aging of Japanʼs population and the emergence of moreadvanced and diverse customer needs as well as social issues.
We will strive to improve productivity, make effective use ofhuman resources, and further increase the level of value we
provide by fundamentally reviewing and rebuilding businessprocesses that have become increasingly complex in order toaccommodate these changes while focusing on businesses withhigher added value (which will help us create and provide value).

❺Continuing to pursue compliance management

The Group considers compliance to be a key foundation of its
corporate activities, and weʼve worked to spread awareness andfoster adoption of good practices by including compliance as apolicy in the last several Medium-Term Management Plans.
Awareness of the importance of compliance has steadily takenroot among our employees thanks to ongoing awareness-raisingand educational activities, and we will continue to pursue suchinitiatives to ensure that the trust weʼve built up in our quality
and integrity remains unshakable. In addition, we will work tofurther spread and improve compliance awareness throughout
the Group by effectively implementing and utilizing mechanisms
such as our internal reporting system and CSR awareness survey.

30
20
10

10th Plan

11th Plan

0

12th Plan(Billion JPY)

10 Medium-Term
Management Plan results

11 Medium-Term
Management Plan resultsth

12 Medium-Term
Management Planthth

2012 to 2014

2015

2016

2017

Total

2018

FY2018 to FY2020

Order value

371.0

99.9

191.0

177.1

468.0

179.8

Sales

296.5

113.0

116.3

118.1

347.5

121.9

JPY 400 billion (approx.)(3-year cumulative total;reference value)

Ordinary profit

25.7

9.6

11.6

10.6

31.9

12.3

Target: JPY 33 billion(3-year cumulative total)

4.Core Business Units and Emphasis of Future Activities
As facilities age, there is ongoing robust demand for renewal andservice life elongation.
● Volume is growing for DBO projects as well as O&M services forexisting facilities.

●●●❹Using human resources effectively

We will work to hire and train the diverse workforce that willbe essential as we develop the Groupʼs businesses going
forward. At the same time, we will strive to create anenvironment that keeps individual employees engaged in theirwork and able to make full use of their skills and abilities (bycultivating a healthy workplace culture, reforming individual
awareness, and facilitating fulfilling workstyles).

40

The 12 Medium-Term Management Plan, which represents the300
final stage of our current medium- and long-term vision, establishes
the above targets to guide our achievement of the visionʼs goal of200
consistently earning ordinary profit of JPY 10 billion while
simultaneously directing the company to utilize
Order value (left scale)100
all its resources to build a robust business andSales (left scale)management foundation in response to future
Ordinary profit (right scale) 0changes in the business environment.

JPY 33.0 billion

JPY 25.7 billion❶Strengthening and expanding our revenue
foundation

400

50

th

Consistently secure annual
ordinary profit of at least
JPY 10 billion.

JPY 31.9 billion(Billion JPY)

Takuma Group 12th Medium-Term Management Plan - An Overview

12th Medium-Term Management Plan
(FY2018 to FY2020)

7

3.Financial Target

Strengthen the profitability of our plant operation business.
Further strengthen initiatives to prolong the service life offacilities.

FIT demand remains robust.
The number of plants targeted for maintenance is increasing as
facilities are completed and transferred to customers.
● There is growing demand for plant operational management and
O&M.

●

●

Capture new orders for FIT biomass plants.
Strengthen our maintenance structures.
● Scale our waste management expertise horizontally to otherbusinesses.

There is growing demand for sludge incineration plants thatconserve and create energy.
● There is increasing use of PPP/PFI arrangements in the sewer
business.

●●●

Demand for biomass power plants in Southeast Asia remains
robust.
● Our flagship bagasse-fired boiler plants continue to experience
intense competition.

●

●

●

●

●

●

●
●

There is a growing need for proper waste management andenergy utilization against a backdrop of growing urbanization,
increase of waste volume, and diversification of waste
characteristics.
Build structures to facilitate collaboration with partner companies.
Build schemes for entering new markets.

Strengthen the competitiveness of our sludge-fueled power system.
Scale our waste management expertise horizontally to otherbusinesses.

Capture orders continually by creating competitive advantages.
Strengthen the ability of our local subsidiary (SIAM TAKUMA) tocarry out its business operations.

We are continuing to see a certain level of demand in Japan,
particularly in terms of renewal demand.
● The need for energy-conserving boilers is increasing overseas,
particularly in developing nations.

●●●

Maintain and expand our domestic business.
Expand our overseas business.

* DBO: Design Build Operate / PPP: Public Private Partnership / PFI: Private Finance Initiative / FIT: Feed-in Tariff

TAKUMA CSR Report 20198

Takuma Group 12th Medium-Term Management Plan - An Overview (FY 2018 to 2020)

5.Progress in Implementing the 12th Medium-Term Management Plan
In this section, members of Takumaʼs management team present progress in implementing the goals of
the 12th Medium-Term Management Plan, which began in FY2018.

Name:
Head office location:

TAKUMA CO., LTD.
2-2-33 Kinrakuji-cho, Amagasaki, Hyogo 660-0806, Japan
TEL +81-6-6483-2609 FAX +81-6-6483-2751 (operator)
Representative Director: Hiroaki Nanjo, President and CEO
Established:
June 10, 1938
Capital:JPY 13,367,457,968 (as of March 31, 2019)
Main business areas:
The design, construction and superintendence of a wide
variety of boilers, plant machinery, pollution prevention
plants, environmental equipment plants, and heating andcooling equipment and feed-water / drainage sanitationequipment and facilities
The design, construction and superintendence of civil,
architecture and other works
Number of employees (non-consolidated): 852 (as of March 31, 2019)
Number of employees (consolidated):
3,619 (as of March 31, 2019)

3 Tokyo Branch (Minato-ku, Tokyo)
4 Hokkaido Branch (Sapporo, Hokkaido)
5 Tohoku Branch (Sendai, Miyagi)
6 Chubu Branch (Nagoya, Aichi)
7 Kyushu Branch (Fukuoka)
8 Okinawa Branch (Ginowan, Okinawa)
9 Harima Factory (Takasago, Hyogo)
10 Taipei Branch (Taipei, Taiwan)(As of June 26, 2019; see Takumaʼs website for details.)
Takumaʼs business offices

The Japanese Solid Waste Treatment Plant and Boiler Plant
Businesses performed well during the first year of the Plan. Orders,sales, and operating income all exceeded the initial planned values as
we enjoyed a smooth start in terms of quantitative performance.
Looking at the business environment, the transition in theJapanese market from manufacturing alone to a service business thatuses products as tools is accelerating, and there is demand in theoverseas market for products and services that can accommodate
individual countriesʼ different situations and needs.
In order to achieve steady growth, it is necessary for companies tobolster their capabilities to ensure they can adapt to changes in thetenor of the times. One of the key themes for this plan is strengthening
and expanding the Japanese plant operation business and bringing new
creativity to its development overseas. Our goal is to enhance ouradaptability and create a foundation that will enable us to secure stableprofits in the future by actively developing more appropriate structures
based on revamped resource allocation, accumulating more skills, andoffering a selection of products that meet the needs of the times.

1 Head Office (Amagasaki, Hyogo)
2 Osaka Office (Osaka)Group companies in Japan

12 Nagaizumi High Trust Co., Ltd.

17 Takuma Energy Co., Ltd.

1 Nippon Thermoener Co., Ltd.

13 Fujisawa High Trust Co., Ltd.

18 Kurume High Trust Co., Ltd.

2 Takuma Technos Co., Ltd.

14 Iwate-Kenpoku Clean Co., Ltd.

19 Hokutan High Trust Co., Ltd.

3 Hokkaido Sanitary Maintenance Co., Ltd.

15 Hitachinaka-Tokai High Trust Co., Ltd.

20 Suwako High Trust Co., Ltd.

4 Takuma Technos Hokkaido Co., Ltd.

16 Anan High Trust Co., Ltd.

21 Imabari High Trust Co., Ltd.
22 Energy Mate Co., Ltd.
23 Kashihara High Trust Co., Ltd.

6 Takuma Engineering Co., Ltd.

9

7 Takuma System Control Co., Ltd.

24 Tochigi High Trust Co., Ltd.
25 Ecos Yonezawa Co., Ltd.

8 Dan-Takuma Technologies Inc.
9 Kyoritsu Setsubi Co., Ltd.

4 3 4

10 Kankyo Sol-Tech Co., Ltd.
11 Takuma Plant Service Co., Ltd.

24

Tsuyohito Nishiyama

14

Director & Senior Managing Executive Officer
Executive Manager, Corporate Marketing Group

8

25

7

5

6

8
12

20

18

2

Hideki Takeguchi

9

TAKUMA CSR Report 2019

5

15

1

13

3

21

Director & Senior Managing Executive Officer
Executive Manager, Engineering Group

Overseas group companies

Group companies in Japan

5 Sun Plant Co., Ltd.

In order to build a society in which the global environment andnatural environment are protected and conserved in an appropriatemanner into the future, it will be necessary to utilize waste effectively
as a resource and to expand production of renewable energy.
Our mission is to maintain our role of being an indispensable
presence in society as a leading company in the ﬁeld of renewableenergy utilization and environmental protection. In keeping withthat mission, our Engineering Group will continue to help build asustainable society by providing plants that make significant inroadsin the drive to protect the environment, develop a recycling-basedsociety, and reduce CO2 emissions through pioneering solid waste
treatment that helps reduce environmental impacts, Energy from
Waste projects that generate power from municipal waste andsewage sludge, and carbon-neutral biomass power generation.

Takuma Group 12th Medium-Term Management Plan - An Overview

Kengo Numata

Director & Executive Vice President
Executive Manager, Corporate Planning & Administration Division

The central theme of this Medium-Term Management Plan isstrengthening our corporate capability to facilitate steady growth.
During FY2018, we worked to do just that in an effort to not only
boost profitability, but also better earn the trust of a wide range ofcustomers and other stakeholders, including by offeringhigh-quality solutions that help resolve a variety of todayʼs social
issues. I think it was a good start for the first year of the Plan.
In FY2019 and beyond, we will continue to help build asustainable society by strengthening our corporate capabilities
through operations including our environmental plant, energy
plant, and other businesses and by maintaining our role of being
an indispensable presence in society as a leading company in theﬁeld of renewable energy utilization and environmental protection.

Company Outline

19

9 10

10 1

Overseas group companies
1 Taiden Environtech Co., Ltd.
2 Siam Takuma Co., Ltd.

1 6 7 11 17

2

22

23

2

16

TAKUMA CSR Report 201910

Business Summary■ Municipal solid waste treatment plants
We support the realization of a recycling-oriented society
using advanced waste treatment technologies that meetthe needs of local communities.
●●

Using advanced incineration technologies, we can eventreat toxic substances suitably and we are supporting theenvironmental protection efforts of industry.
●

Industrial waste treatment plantIndustrial waste
treatment plant■ General-purpose boilers■ Air-conditioning equipment and clean systems

As the convergence of Takumaʼs combustion technologies,
our boilers are a reliable brand that has earned the
support of a wide range of industries.

We provide comfortable, clean environments to customers
in the semiconductor industry as well as many locations
such as universities, research institutions, and hospitals.

●

Steam Boilers (EQOS, Super EQOS)
Vacuum-type Water Heaters (Vacotin Heater)● Package Water-tube Boilers● Flue and Smoke Tube Boilers (RE Boiler)● Heat Medium Oil Boilers (Thermoheater)● Radiation Heating Equipment (Strip Heater)

●

●

●

●

●

Building equipment
Air-conditioning equipment● Cleaning and drying devices

Clean room
Clean devices● Chemical filters
Business Summary

Waste to solid fuel conversion
plant● Transition and intermediate
processing plant● Raw fuel (biogas) recovery plant● Various types of pollution
prevention equipment

Energy from Waste plant
Pyrolysis gasification andmelting plant● Resource recycling andcollection plant● Bulky garbage crushing plant● Incineration ash and fly ash
melting plant●■ Industrial waste treatment plants

Energy from Waste plant

Vacotin Heater
Plant that generates powerfrom industrial waste andprovides heat to a plantation

Bulky garbage
crushing plant

Thermoheater

Super EQOS

RE Boiler■ Overview of financial results
Consolidated■ Energy plants■ Water treatment plants

Takumaʼs core technologies are utilized in various types ofboilers, starting with biomass boilers, as well as total systems.

We are working to purify wastewater with a holistic
perspective through a “dialogue with water.”

Biomass boiler● Fossil fuel boiler●●

Biomass power
generation boiler

Waste heat boiler● Power plant●

Sewage and wastewater
treatment plant● Various types of advanced
sewage treatment plant

Upflow moving-bed
filtration system

Sludge treatment plant● Sewage sludge-fueled power plant● Plant to process water that
infiltrates final disposal sites(Million JPY)
150,000
120,000

103,874■ Net sales composition ratios (FY2018)

Non-consolidated【Net sales】

Domestic Environment and Energy Business
Overseas Environment and Energy Business

113,088

116,309

118,198

121,950

Equipment and Systems Business

60,00064,28872,44573,327

71,47974,238

2015

2016

2017

2018

76.5%

30,00002014

Non-consolidated【Ordinary profit】

11,60512,000
9,000

9,116
8,022

(FY)

9,646
8,937
7,406

0

■ Number of employees (as of March 31, 2019)
Consolidated

Non-consolidated(Employees)
4,000

12,334
10,669

3,609

3,619

824

837

852

2016

2017

2018

3,266

3,366

3,447

806

815

2014

2015

3,000

9,732
2,000

7,891

1,000

3,000

TAKUMA CSR Report 2019

13.8%

2.5%

90,000

6,000

11

7.2%

●

Consolidated

Sewage sludge-fueled
power plant

Clean booths

Package Boiler Business(Million JPY)
15,000Waste heat boiler

Clean oven

Chemical filters

Note: These products are handled by Nippon Thermoener Co., Ltd., which isone of our group companies.

2014

2015

2016

2017

2018

(FY)

0

(FY)

TAKUMA CSR Report 201912

Introduction to Group Company Businesses(Related SDGs)(Related SDGs)

Takuma Technos Co., Ltd.

NIPPON THERMOENER CO., LTD.
Established
Representative

Established

September 27, 1967

Representative

Kazunori Tsuji, President

Employees

1,721 (as of March 31, 2019)

Business Profile: Nippon Thermoner

Business Profile: Takuma Technos

As a company that manufactures and sells general-purpose boilers and hot-water heaters in the Takuma Group, we strive tocontribute to society through our activities in the field of package boilers in keeping with the founding spirit of “Service to thenation through boiler manufacturing.” And as a manufacturer specializing in heat source equipment, we meet a diverse rangeof needs for customers in Japan and overseas with a broad array of products and services along with an integrated system thatencompasses sales, installation, and maintenance for products and related equipment.

Our company, which maintains 63 sites and offices nationwide, operates and manages plants including waste incineration
facilities, bulk waste treatment facilities, and recycling facilities. Our approach to those operations has been changing, andrecently weʼre involved with more DBO and O&M projects with Takuma.
Because we offer what is in effect a type of government service, our business activities are intimately connected to the livesof local residents. Consequently, we see our mission as ensuring safety, stability, and peace of mind at each facility we operate,
and we are confident that by doing so in a reliable manner we can boost our corporate value.
Our executives and employees work closely together to ensure everyone involved with our company is satisfied. We strive to
do our part in developing a recycling-based society while boosting compliance and CSR awareness.

■ Manufacturing and sales●

Boilers and associated equipment●

Introduction to Group Company Businesses

Employees

August 1, 1961
Masahiko Izumi
President and Representative Director
431 (as of March 31, 2019)

Energy-saving heat source equipment■ Businesses

Vacuum-type Water Heaters

Steam Boilers

Heat Medium Oil Boilers

Flue and Smoke Tube Boilers

Vacotin Heater

EQOS Series

Thermoheater

RE Boiler FⅡ Series●

Maintenance, management and operation of waste treatment facilities, water treatment facilities and other facilities●

Design, installation and management of various types of boilers, environmental equipment and other equipment

Increasing our corporate value
Heat sources, which are generally required by industrial and commercial facilities,
can be classified based on their use of either steam, which is needed for heating andsterilization, or hot water, which is used for bathing and cleaning. In addition to
general-purpose boilers such as EQOS Series steam boilers and Vacotin Heater
vacuum-type water heaters, which deliver some of the best performance of any models
in their respective industries, we offer a selection of special-purpose boilers including
flue and smoke tube boilers, water-tube boilers, and heat medium oil boilers. Our goal
is to select and combine heat-source equipment that suits customersʼ applications andrequirements based on deep knowledge of their businesses. Going forward, we willcontinue to help create a clean global environment by supplying high-efficiency,
high-performance products that take advantage of technological capabilities developed
over many years so that we can accommodate the changing needs and environment of
our times. This commitment is evident in accomplishments such as our becoming thefirst company in the industry to introduce hybrid hot water systems that combine heatpumps, which deliver excellent energy-saving benefits, with hot water heaters.

13

TAKUMA CSR Report 2019

■ Principal customers
JR; Ground, Maritime and Air
Self-Defense Forces;
manufacturing plants in various
industries; hospitals; hotels;
cleaning companies and linen
plants; social welfare facilities;
public baths; golf courses; etc.

Entering new business domains
In April 2019, we joined Takuma in launching the Groupʼsfirst O&M business for biomass power-generating
equipment owned by a private-sector company. Customers
outsource operation, management, and maintenance ofequipment for 20 years after the start of operation to us, so
weʼre dedicated to keeping those facilities running andsupplying power in a stable manner.

Weʼve seen a surge of initiatives related to powerbusinesses that use biomass fuel since the launch of Japanʼs
feed-in tariff program for renewable energy, and going
forward we will work with Takuma to increase orders.

TAKUMA CSR Report 201914

History

Sales(Billion JPY)

Founder Tsunekichi Takuma established our philosophy of“Service to the nation through boiler manufacturing.”
The goal of becoming a technologically driven company
based on that belief has been the basis of Takumaʼsoperations throughout its 80 years of history.
1912 to 1950

150

FY2018 Sales

JPY 121.9
billion1951 to 1971

Takuma established itself as a manufacturer not
only of boilers, but also environmental andsanitary equipment, for example by developing
waste heat recovery boilers that use waste heatfrom manufacturing plants, developing modern
technology for incinerating solid waste, andentering the water treatment market.

1972 to 1999

History

Tsunekichi began shipping Takuma boilers in
1912, and in 1938 he founded Takuma Boiler
Manufacturing Co., Ltd., with the philosophyof “Service to the nation through boiler
manufacturing.” The corporate stance andphilosophy that form the foundation of Takuma
developed during this period.

100

2000 and beyond

In 1972, the company changed its name to
Takuma Co., Ltd., which remains its name to thisday. During this period, Takuma worked todevelop technologies to accommodate a varietyof customer needs, including demand for energy
savings in industry, the growing volume anddiversity of municipal solid waste, and the needfor improvements in water quality by means ofwater treatment equipment.

Takuma continues to provide technology for
utilizing and rendering harmless a variety of
waste products and biomass energy sources
through its businesses in the renewable energy
and environmental protection ﬁelds. The
company has established local subsidiaries
overseas and continues to bring its technologies
to customers not only in Japan, but alsoworldwide, particularly in Asia.

50

1938

Takuma Boiler Manufacturing Co., Ltd. founded*Consolidated accounting introduced in FY1990
1938

1912

1940

1950

The ﬁrst “Takuma
boiler” introduced by
our founder, Tsunekichi
Takuma1960

1949

Company listed on the Osaka andTokyo stock exchanges

1972

1970

1980

Company renamed
Takuma Co., Ltd.

1995

1990

Amagasaki Head
Ofﬁce Building
completed

2000

2004

Takumaʼs ﬁrst “Environmental
Report” issued
The “Takuma Group Code of
Conduct” instituted

2010

2010

2018 (FY)

Energy from Waste
plant delivered inEurope (U.K.)
Lakeside EfW Plant

Amagasaki Head Ofﬁce Building
Tsunekichi Takuma

1930

Tsunekichi Takuma
commended as one of the ten
great inventors of Japan
during the Meiji and Taisho
periods (1868‒1926)

1953

Head Ofﬁce moved to
Osakaʼs Kita-ku District

1975

Former head ofﬁce (Dojimahama)

1938

Takuma Boiler Manufacturing Co., Ltd. founded
Company Motto instituted:“Service to the nation through boiler manufacturing”

1958

Business expanded into theenvironmental facility sectors,
including waste incineration andwater treatment plants

Bulk production began on“Vacotin Heater” theworldʼs ﬁrst vacuum-type
hot water heater

1997

Vacotin Heater

1986

The ﬁrst overseas delivery of a waste
treatment facility completed

1998

ISO9001 certiﬁcation obtained

Japanʼs largest Energy from Waste
plant delivered(Tokyo Shinkoto Waste Treatment
Plant Capacity: 1,800 tons per day)

2005

2005

Takuma Hanyokikai Co., Ltd., asubsidiary involved in the
manufacture and sale of small
boilers, and Ebara Boiler Co., Ltd.
merged and renamed Nippon
Thermoener Co., Ltd.
The “Takuma Environmental Policy”
instituted
The “Personal Information
Protection Policy” instituted

Feed-in tariff (FIT) program

2012
2012年 launched to facilitate ﬁxed-costpurchases of renewable energy

2013

Operation of the
Takuma Solar Power
Plant began
Takuma Solar Power Plant

Amagasaki Factory

1942

Operation began at
Harima Factory

Harima Factory under construction

1949

15

Bagasse-ﬁred boiler, the ﬁrst
product of its kind in the industry,
exported

TAKUMA CSR Report 20191963

Japanʼs ﬁrst waste
incineration plantdelivered
Sewerage treatment
facility delivered

1992

1999

ISO14001 certiﬁcation obtained for
Harima Factory

Japanʼs ﬁrst waste
incineration plant

Waste Management and Public

1970年 Cleansing Act and Water Pollution
1970
Control Act enacted

New Company Motto instituted:“Value Technology, Value People,
Value the Earth”

1993年 Basic Environment Act enacted
1993

Act on Special Measures against
1999年 Dioxins enacted
1999

2006

The “Compliance Declaration”
instituted
The “Takuma Group Ethics Charter”
instituted
Takuma participated in the UN Global
Compact

2007 Takumaʼs ﬁrst “CSR Report” issued

2019

Order received for a 74,950 kW biomass
power plant (FIT-approved facility)

Biomass Power Plant

TAKUMA CSR Report 201916