INDEX

Company Motto

Value Technology,
Value People,
Value the EarthManagement
Principles

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 are needed and recognized as valuable in society.

+TAKUMA

The founding spirit of Takuma was Serve society through boiler manufacturing ,* which in present-day
language means to contribute to society by supplying goods and services that we provide . This spirit
can also be applied to the concept of Corporate Social Responsibility (CSR) that in recent years has
become a vital issue for corporate management. The management principles of the Takuma Group
companies are all based on the said founding spirit.
*Serve society through boiler manufacturing: It was the Company Motto of Takuma, then Takuma Boiler Manufacturing Co., Ltd., foundedby Tsunekichi Takuma, one of the ten great inventors of Japan during the Meiji and Taisho
periods (1868-1926).

Takuma Group
Ethics Charter

Takuma and the Takuma Group companies believe that it is essential for the sound developmentof the Group that all of the directors and employees remain aware of our social responsibilities andthe circumstances surrounding us as well as act in response to social ethics complying withapplicable 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.

Section 01

GrowthStrategies

1. We shall strive for a 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 such organizations,which may pose a threat to the social order and security 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 and conﬁdence from our customers.

Section 02ESGInitiatives

6. We shall strive to disclose corporate information to shareholders and investors throughInvestor Relations (IR) and other activities on a timely and equitable basis.
7. We shall strive to protect corporate assets as well as information, while never using either
for improprieties or any unjustiﬁable purpose other than normal business operations.

05

At a Glance

09

TAKUMA's Technologies

11

TAKUMA's Contributions

13

TAKUMA's History

15

TAKUMA's Work17

Features 01: New TAKUMA Building(Training Center)

19

Value Creation Process

25

Vision 2030 Long-Term Vision

29

Implementing ESG Management31Key Issues (Materiality) for the Takuma Group32

Medium-Term Management Plan

35

Business Strategies

41

Our Achievements

51

Features 02: Hikarigaoka Incineration Plant

53

Helping Combat Climate Change, Conserving
Resources, and Protecting the Environment

59

Strengthening Relationships of Trust withCustomers and Communities

65

Pursuing Partnerships and Innovation

67

Promoting Activities of Human Resources

69

Ensuring Safety and Health

71

Strengthening Corporate Governance73

Executive Proﬁles /Messages from Outside Directors

Editorial Policy By augmenting growth strategies embodied in the Message from Top Management and the Group's business strategies

with a comprehensive presentation of non-ﬁnancial information like our Environment, Social, and Governance (ESG)
initiatives, the CSR Report 2021 aims to communicate our integrated approach to ESG management to all stakeholders.
In particular, this report describes how we are working to realize the company's sustained growth through our value
creation process; Vision 2030, the long-term vision that comprises our management strategy; and the key issues(Materiality) that characterize the Takuma Group's operations. We will use this report as a communications tool todeepen dialog with stakeholders, further improve CSR activities, and increase our corporate value.

Message from Top Management

Section 03

CorporateInformation

Financial Data

85

Stock Information

87

Company Outline

89

Publisher: Compliance & CSR Promotion Division, CSR Department, Takuma Co., Ltd.
Data Collection Period: From April 1, 2020, to March 31, 2021, in principle. In addition, some activities in FY2021 are included.
Coverage: This report applies to Takuma Co., Ltd., and its aﬃliates in principle. Time of Issue: October 2021

03

TAKUMA CSR Report 202104