Serving thenext 50 yearsof customers
Creating thenext 100 yearsof society
Takuma started out as a boiler manufacturing company that was
founded in 1938 based on a philosophy of contributing to society
through its technology.
We have continued to offer support day in and day out to customers
and communities by manufacturing essential facilities that will serve
them for more than 50 years, including low-environmental-impact
waste incineration facilities, biomass power plants, and clean
centers that play a key role in their areas.
What will be required of us in the future? We must create asustainable society with a vision that stretches out to 100 years in
the future, for example by going beyond conventional approaches
to address climate change and realize a cyclical economy, byleveraging technologies and services to manufacture the essential
facilities that will serve the next 50 years of customers as a leading
company in the area of the environment and energy.
Serving the next 50 years of customers.
Creating the next 100 years of society.
That summarizes Takuma’s corporate value, and our mission. We
will continue to play an essential role for customers and society as
a whole by creating essential products and services for the future
while embracing a philosophy that has remained unchanged since
the days of our founding.

01

Takuma CSR Report 2023

02

Founding Spirit (from 1938)

Company Motto (from 1992)

Takuma Group Ethics Charter

Serve society through boiler
manufacturing

Value Technology, Value People,
Value the EarthThis philosophy served as the Company Motto of Takuma,
then Takuma Boiler Manufacturing Co., Ltd., which was
founded by Tsunekichi Takuma, one of the 10 great
inventors of Japan during the Meiji and Taisho periods(1868-1926). The central tenet is to contribute to society
through corporate activities such as the manufacture, sale,and service of boilers.

The previous Company Motto, “Serve society throughboiler manufacturing”, was replaced with the above in
1992, reflecting recognition that the company was operating
a multifaceted business as a manufacturer of not only
boilers, but also environmental sanitation systems like
waste treatment facilities and water treatment equipment.
It captures Takuma’s stance of leveraging the personality
and ability of each employee to refine technologies thatconsistently lead the industry and then using them tosafeguard the Earth's environment.

Takuma and the Takuma Group companies believe that it
is essential for the sound development of the group that allof the directors and employees remain aware of our social
responsibilities and the circumstances surrounding us as wellas 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 ourcode of conduct, aiming to realize our Management Principles.

Takuma will strive for social contribution, corporate valueenhancement, long-term corporate development and the satisfactionof all stakeholders by providing goods and services that are needed
and recognized as valuable in society.
Management
Principles

The founding spirit of Takuma was “Serve society through boiler manufacturing”, which inpresent-day language means “to contribute to customers and society as a whole through thegoods and services we create”. 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 Takuma and the Takuma Group companies are
all based on said founding spirit.

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 soundbusiness custom, while complying with applicable laws andregulations and committing ourselves to fair, transparent
and free competition, as well as conducting lawful businessactivities.

3. We shall never have any relationship with antisocial forces
or such organizations, which may pose a threat to thesocial order and security of civil society.
4. We shall respect fundamental human rights and neverpractice discrimination.

5. We shall strive to provide high quality products andservices, based on our advanced technologies, to attainhigh acclaim and confidence from our customers.

6. We shall strive to disclose corporate information toshareholders and investors through Investor Relations(IR) and other activities 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 business operation.

Related Information (Corporate Website)

Our Founder Tsunekichi Takuma

Takuma’s Philosophy

Founding spirit:“Serve society throughboiler manufacturing”
Company
Motto
Concept

Takuma’s roots stretch back to Tsunekichi
Takuma’s invention of the world’s
highest-performance boiler in 1912 andsubsequent success at manufacturing
it in Japan. The technical thinking andvision behind the development of thefirst boiler to be produced in Japan ascreated by Tsunekichi have been passed
down as the DNA of today’s Takuma.

Serving thenext 50 years of customers
Creating thenext 100 years of societyManagement
Principles

Vision 2030

Medium-Term Management Plan

Corporate
Information

Sustainability

Editorial Policy
The CSR Report 2023 is intended to communicate the
Takuma Group’s consistent effort to implement environment,social, and governance (ESG) management to all stakeholders
in an easy-to-understand manner by integrating financial
information with non-financial information about topics suchas the Group’s ESG initiatives in a comprehensive manner.
In particular, this edition of the report offers expanded
sustainability-related information with a focus on humancapital in an effort to provide an even deeper understandingof Takuma’s initiatives to realize sustained growth.
We will use this report as a communications tool to deepen
dialog with stakeholders, further improve CSR activities, andincrease our corporate value.

Publisher

CSR Department, Compliance & CSR Promotion Division, Takuma
Co., Ltd.

Data Collection Period

From April 1, 2022, to March 31, 2023, in principle. In addition, some
activities in FY2023 are included.

Coverage
Time of Issue

03

IR

INDEX
Serving the next 50 years of customers
Creating the next 100 years of society
Founding Spirit, Company Motto, andManagement Principles

03

Message from Top Management05

At a Glance

09

Takuma’s Technologies

11

Takuma’s People

13

Takuma’s History

15

Feature 01:
Start of Operations at the New Harima Factory

17

Section 01 Growth Strategies
Long-Term Vision and Medium-Term
Management Plan

23

Value Creation Process

27

Key Issues (Materiality)

29

Strengthening the Management Foundation

31

Business Strategies

33

Main Recent Projects

41

Feature 02:
Yufutsu Biomass Power Plant

43

Section 02 ESG Initiatives
Sustainability Initiatives

49

Disclosing Information Based on TCFD
Recommendations

50

Helping Combat Climate Change andConserving Resources and Protecting theEnvironment

53

Strengthening Relationships of Trust with
Customers and Communities

59

Pursuing Partnerships and Innovation

61

Promoting Activities of Human Resources

63

Ensuring Safety and Health67

Governance Initiatives

69

Executive Profiles /Messages from Outside Directors
Section 03 Corporate Information
Company Outline

81

This report applies to Takuma Co., Ltd., and its affiliates in principle.

Financial and Non-financial Data

83

October 2023

Stock Information

85

Takuma CSR Report 2023

04

Message fromTo p M a n a g e m e n t

We continue to help solve social problems andcontribute to the sustained development of the world
by creating valuable products and services.

Progress towards implementing the
Vision 2030 Long-term Vision and 13th
Medium-Term Management Plan
The Takuma Group recently formulated Vision
2030, its long-term vision setting forth mediumand long-term management policies, and launchedits 13th Medium-Term Management Plan (FY2021
to FY2023) in April 2021 as the first step towards
realizing this vision. Under it, we will strengthen
conventional businesses by reinforcing the Group’s
management foundation and at the same time strive
to achieve sustained growth by accelerating its
response to future environmental changes.
P23-24

October 2023
President and CEO,Takuma Co., Ltd.

During FY2022, the second year of the plan,orders received remained high, despite fallingslightly below the initial target. Net sales rose 8.5
billion yen from the previous fiscal year thanks tosteady progress on the construction of previously
ordered plants. Operating profit rose 3.8 billion
yen to 13.8 billion yen as a result of an increase in
net sales and improved profitability, while ordinary
profit rose 4.0 billion yen to 14.6 billion yen. Profit
attributable to owners of parent rose 2.1 billion yen
to 9.6 billion yen.
P25-26The New Harima Factory began operating inJanuary 2023. The new factory will inherit high-quality
manufacturing policies to serve as a manufacturing
facility characterized by improvements in productivity
and quality, environmental performance anddisaster resilience, sustainability, and people- andenvironmental friendliness as it responds to an
every-diversifying range of customer needs, including
demand for larger boilers and the ones that operate at
higher temperatures and pressures. The new Harima
Factory will accommodate a new era by inheriting
the site’s 80 years of history while combining new
production technologies with tradition. Thanks to thecooperation of everyone involved and the creativity
and diligence of each and every Takuma employee,
the construction of the new factory overcame avariety of challenges, including coordinating thenecessary permits with government agencies,
planning and arranging the layout of production
equipment, relocating equipment to the new factory
while continuing production at the old facility, andcontending with the COVID-19 pandemic, soaringbuilding material costs, and a labor shortage in theconstruction industry. We believe that the valuable
experiences gained in the course of building the newfactory will drive further improvements in our future
operations.
P17-2005

Towards sustained growth
Currently, we are facing a variety of social issues.
Medium- and long-term trends posing global issues
include the increasingly serious problems of climatechange and rising energy demand accompanying
population growth and economic growth indeveloping nations. Challenges in Japan include
falling domestic demand due to the shrinking andaging of the population, labor shortages, financialpressure on both national and local governments,
and aging of public infrastructure. Furthermore,
impacts stemming from the COVID-19 pandemic
and Russia’s invasion of Ukraine have added tothe uncertainty surrounding humankind’s drive torealize a sustainable society. Against this backdrop,
the question of how to achieve sustained growth
into the future is a key challenge.
Tsunekichi Takuma, one of the 10 great inventorsof the Meiji and Taisho periods, founded Takuma in
1938 with the philosophy of “Serve society throughboiler manufacturing”. Since that time the Takuma
Group has inherited this philosophy and used it toestablish businesses involving the full array of boilers
while taking advantage of technologies developed
through boilers to enter the environmental sanitation
field with facilities such as waste treatment
plants and water treatment plants, broadening its
businesses with a focus on the fields of energy use
and environmental protection, and contributing tosociety’s development and the resolution of social
problems.
P15-16

Takuma’s Management Principles state, “Takuma
will strive for social contribution, corporate valueenhancement, long-term corporate development
and the satisfaction of all stakeholders by providing
goods and services that are needed and recognized
as valuable in society”. These Management
Principles lie in this founding spirit, and a dedication
to contributing to the sustained developmentof society over the long term through businessactivities remains the starting point of the
Takuma Group as well as a core expression of its
unchanging values.
Along with the technologies and expertisethat the Takuma Group has accumulated
through the repeated improvement of products
and services in keeping with these values, therelationships of sincerity and trust that the Grouphas developed with longstanding customers byproviding after-sales service and solutions havebeen passed down unbroken as the tangible
and intangible assets that embody its greatest
strengths and the source of its ability to compete
successfully.

Takuma CSR Report 2023

06

Implementing ESG management

P27-30

The Group is implementing ESG management,
which seeks to satisfy all stakeholders and realize
sustained growth for the Group by strengthening
initiatives that address ESG issues through its
business activities.
Environment
Vision 2030, which sets forth a long-term vision
for the Group as it should exist in 2030, includes
this statement: “Aim to maintain our role of being
an indispensable presence in society as a leading
company in the field of renewable energy utilizationand environmental protection by realizing sustained
growth alongside our customers and society throughimplementation of ESG management”. Reducing
environmental impacts by increasing adoption ofrenewable energy will be an essential part of steps
to combat climate change. The generation of powerusing biomass and unutilized waste products as fuelwill make a particularly significant contribution to
the development of a Sound Material-Cycle Society
by facilitating not only the stable supply of power
independent of climate impacts, but also the reuse
and reduction of waste. By converting biomass andwaste into energy with the biomass power plants andmunicipal solid waste treatment plants we supply, we
will help both reduce emissions of greenhouse gases
like carbon dioxide and facilitate the long-term,
stable supply of power.
SocialHuman resources who contribute to each andevery of our departments and worksites will play
an essential role in realizing Takuma’s sustained
growth. To realize this goal, we formulated the Policyon Human Resource Development and the Policy on
Takuma’s Internal Environment Improvement in June
2023. P63-66 By promoting diversity and utilizing
a diverse workforce, we can respond to changes
in the business environment in a flexible and timely
manner. By fostering mutual recognition and respectof diversity, the organization can accept diverse
human resources, leverage their abilities, and create
an environment in which employees are assigned
to the positions that best suit them. Creating
workplaces where each employee takes ownershipby becoming an engaged and interested party,
where colleagues collaborate closely and honestly
share common purpose, and where everyone
puts into action decisions made through thoroughdiscussion will serve to strengthen growth andcompetitive capability.

Governance
At a time when the business environment inwhich the Group operates is forecast to experience
continued uncertainty about the future, momentary
lapses have the potential to turn into crises thatshake management to its core. When facing suchcrises, it is appropriate to reflect on Takuma’s
Management Principles. Fostering a perspectivethat asks whether we are valuing the Management
Principles in our jobs and whether we are using themto shape decision-making will lead the organizationin the correct direction and help increase its
performance. By ensuring that the Management
Principles permeate our organization, we can bothresolve social issues and increase our profitability
so as to realize sustained growth for society andthe company alike.
Takuma has been a signatory to the United Nations
Global Compact*1 since 2006, and we support its 10
fundamental principles in the four areas of humanrights, labor, environment, and anti-corruption. We
will work to develop our business while understanding

and respecting these globally shared principles.
The Takuma Group has been helping resolve social
issues with technologies for reducing emissionsof greenhouse gases through such means as
high-efficiency power generation using waste andbiomass since before the phrase “renewable energy”
entered into common usage. We believe that
initiatives to achieve the Sustainable Development
Goals (SDGs) put forth by the United Nations*2 andthe COP21 Paris Agreement align extremely wellwith the Group’s businesses. P34-40
Finally, in compiling this CSR Report we havesought not only to provide a resource by means ofwhich a broad range of stakeholders can learn more
about the Group’s activities, but also to help eachand every Group employee think carefully about
CSR and bring that perspective to bear in his or her
work. We at the Takuma Group encourage readers
to offer their candid views and advice, which wewill carefully review in order that we might better
resolve social issues and contribute to the sustained
development of society.

*1 United Nations Global Compact: The Takuma Group has joined the United Nations Global Compact (UNGC), which is a voluntary effort to create a global
framework for implementing sustainable growth by having companies and groups exercise responsible and creative leadership while acting as goodmembers of society.

*2 Sustainable Development Goals: We are harnessing a variety of technologies to help resolve these critical global
environmental issues, which are set forth in the Sustainable Development Goals (SDGs) adopted by the United
Nations.

07

Takuma CSR Report 2023

08

Our achievements (to date)

Consolidated net sales

At aGlance JPY

142,
651

TAKUMA’s strengths
in numbers

millionNo.1 share in Japan
Municipal
solid
waste
treatment
plantsUpflowmoving-bed
sand
filtration
systems

Worldwide+370

facilities(in Japan)

2,800+

units(Fiscal year ended March 2023)(including biomass)

1938

By Takuma products
Equipment andSystems Business

Our primary business is the design, construction,and provision of after-sales service for municipal
waste treatment plants, energy plants, andsimilar facilities around the principal themes ofthe environment and energy.

Businesscomposition

6%

12% P39

1%

P38

Domestic Environment
and Energy Business

81%

09

P34

P40

Municipal Solid
Waste Treatment Plants(engineering, procurement,
and construction）

Package Boilers Business

Overseas Environment
and Energy Business

20%

8%

142.6

JPY

Energy Plants

24%

units

facilities

3,200+

units

about

1

4

milliontons

NO .

in Japan in terms of both scale and quantity

Reduced 12.0% 19.0%
By number of facilities

By facility size

Contribution to
reductions in
CO2 emissions（FY2022）

Consolidated net sales
for the fiscal year ended
March 2023

Water Treatment
Plants/Other

630+
120+

Market share for municipal
solid waste treatment plants(cumulative to date)(as of March 31, 2023)

EstablishedIndustrial
waste
treatment
plantsBoilers

4,247

Consolidated
employees

Biomass
boilers

P53

billionMunicipal Solid
Waste Treatment Plants(after-sales service)29%

Takuma CSR Report 2023

10

Takuma s

Technologies
From waste treatment
to energy creation

Passing on the technologies
that underpin development
to the future
The technologies that have been passed down at Takuma can betraced back to founder Tsunekichi Takuma s invention of the ﬁrst
water tube-type boiler to be manufactured in Japan.
Since that time, our technologies have continued to contribute to thedevelopment of society in every era by underpinning industry in thespirit of Serve society through boiler manufacturing .
The plants we supply are responsible for operating continuously overmultiple decades. We will continue to fulﬁll our social mission bypassing on technologies that transcend any single era.

11

Treating
waste

Creating

heat and electricity

Supplyingpower to communities

Recycling

contaminated water

Takuma CSR Report 2023

12

Takuma s

PeopleTransforming human potential
into the ability to embracechallenges and create solutions
Reﬂecting our belief in human potential, we at Takuma are working toresolve societal issues by functioning as a single, uniﬁed team that transcends
departmental and occupational barriers.

Number of female
employees on themain career track
and in management
positions(As of March 31, 2023)

36

How can we realize a sustainable society?
How effectively can we contribute to people s lives?
No matter how far IT and AI progress, the source of value creation will always
be people.
We will continue to pursue new value through synergies with individual
employees diverse personalities and skills.

Percentage of male
employees taking
advantage ofparenting leave(FY2022)

32.3%

Customersatisfaction(FY2022)88.5(out of 100)

13

pointsTakuma CSR Report 2023

14

A timeless commitment toServe society through boiler
manufacturing
Over the 85 years since Takuma s founding in
1938, we have contributed to society through the
manufacture of boilers.

Takuma sFounder Tsunekichi Takuma s dedication to thatmission was Takuma s point of departure.

History

The essence of our job will remain unchanged 50,
and even 100, years in the future.
From person to person , from era to era...
Those of us living now will pass on the baton of
Takuma s philosophy.

It all began when
one man embraced
a challenge

15

Company emblem at the time of
Takuma’s founding
The company emblem established at
the time of Takuma’s founding stylized
the company’s name (Takuma) with atriangular shape that combined thethree core areas of its operations:research, manufacturing, andinstallation. The design expresses thecompany’s philosophy, which focuses
on giving top priority to the continuous
improvement of quality and on
contributing to customers and society.

1938

1958

1972

1985

2001

2023

Founding of Takuma Boiler
Manufacturing Co., Ltd.

Entry into the environmental
and sanitation markets

Developing alongwith industrial society

Building a resilient
management foundation

Embracing global challenges
and building a new era

Looking towards 2030

Founder Tsunekichi Takuma invented thefirst water tube-type boiler to be entirely
produced in Japan in 1912. The TAKUMA
boiler offered performance that exceeded
the imported products of the time, andits reputation spread. Takuma Boiler
Manufacturing Co., Ltd., was establishedin 1938. The Company Motto of “Serve
society through boiler manufacturing” wasformulated, establishing the philosophy
that went on to become the foundation of
today’s Management Principles.

Takuma established itself as a manufacturer
not only of boilers, but also of environmental
and sanitary equipment, for example bydeveloping waste heat recovery boilers
that use waste heat from manufacturing
plants, developing modern technology forincinerating solid waste, and entering thewater treatment market.
In 1963, the company delivered Japan’s first
24-hour operating waste incineration plant.

Takuma worked to develop technologies
to respond to various needs as Japan’s
economy grew rapidly, including demandfor energy savings in industry, the growing
volume and diversification of municipal
waste, and improvements in water quality bywater treatment systems. In 1972, Takuma
Boiler Manufacturing Co., Ltd., which had
grown beyond its principal business of boiler
manufacturing, changed its name to today’s
Takuma Co., Ltd. The company transformed
itself into an enterprise that operates arange of multifaceted businesses, including
environmental equipment.

Takuma continued to reform itself, formulating
its first medium-term management planin 1985 in order to accommodate abruptchanges in the economic environment.
In 1992, the company introduced a new
Company Motto of “Value Technology,
Value People, Value the Earth”, inheriting thespirit of the former motto of “Serve society
through boiler manufacturing”. Capping the
track record and trust it had established
to date, the company delivered one of thelargest waste incineration plants in Japan
in 1998. The facility continues to operate tothis day.

Seeking to make further progress inthe fields of renewable energy andenvironmental protection, Takuma
supplied technologies for using energy froma variety of waste types and biomass as wellas technology for rendering waste harmless.
We established local subsidiaries overseas
and continue to bring our technologies
to customers not only in Japan, but alsoworldwide, particularly in Asia.

Tsunekichi Takuma

Japan’s first 24-hour operating
waste incineration plant(1963)

Name change(1972)

Completion of the
Amagasaki
Head Office Building(1995)

Mass production of the
Vacotin Heater,
the world’s firstvacuum-type
hot water heater (1975)

Delivery of theShin-Koto
Incineration Plant (1998)

Delivery of an Energy
from Waste plant inEurope (2010)

Construction of the
Takuma Solar Power
Plant (2013)

Contemporary society faces complex
issues as part of a dizzying process ofchange, including climate change andevolving population demographics. In
FY2021, Takuma formulated Vision 2030, along-term vision that calls on the company
to practice ESG management, and began
working to implement its three-year 13th
Medium-Term Management Plan. We willcontinue to work to increase our corporate
value while realizing a sustainable society.

New Harima Factory (2023)

Takuma CSR Report 2023

16

In January 2023, the rebuilding of the factory andadministrative buildings at Takuma’s Harima Factoryin the city of Takasago, Hyogo Prefecture, wasfinished, completing the facility’s rebirth as a newfactory. The new administrative building (Harima
Office) includes the Supply Lab, a new after-sales
service facility.

new factory has put in place production structuresthat can accommodate an ever-diversifying arrayof customer needs, including larger boilers andthe ones that operates at higher temperatures andpressures. Moreover, we are working to streamline
energy use and realize resilience in the face ofpotential natural disasters across the entire facility.

Over the 80 years since it first began operating in
1942, the Harima Factory has inherited extensive
experience and advanced manufacturing
technologies as a boiler production center. By
incorporating the latest large-scale equipment andpromoting automation of manufacturing work, theThe Harima Factory will continue to strive tomeet the needs of customers and society as asustainable, people- and environment-friendly
production center while embracing the challenge
of delivering the technological innovation
demanded by our era.

HARIMA
Overview of the New Harima Factory plan
●Facility size (upon completion in January 2024)

Feature01

Start of Operations at
the New Harima Factory

Structure: Steel frame / Number of buildings: 9

Number of stories: 2 / Building footprint: 23,994 m 2
Total floor space: 28,507 m 2●Overall schedule
FY2019: Basic plan
June 2021: Start of construction of new factory
January 2023:
Start of operation at new factory and Supply Lab
January 2024:
Planned completion of work in all areas

17

Takuma CSR Report 2023

18

Feature

01

Start of Operations at the New Harima Factory

New factory building andHarima Office start operating

Accommodating growing renewable energy andenergy-from-waste demand
The new factory building streamlines work processes and saves labor byadopting an optimal equipment layout in line with production processes andsharing information with production management tools in order to boost
productivity.
It also uses digital tools to record and analyze work performed byhigh-value-added technicians and utilizes that data to improve the technicalcapabilities of junior workers in order to ensure craftsmen’s skills are passed
down so that Takuma can continue to realize high-quality manufacturing.
To fulfill its mission of serving as a people- and environment-friendly
facility, the Harima Office incorporates a courtyard where workers canrelax and refresh themselves, and its emergency power supply, stockpileof emergency supplies, flood countermeasures, and improved seismic
resistance ensure it can function as a shelter in times of disaster. In
addition to improved environmental performance thanks to use of natural
sunlight, improved insulation, and utilization of rainwater, the facility uses
100% renewable energy to help reduce greenhouse gas emissions.

Supply Lab after-sales service facility
Many of the plants delivered by Takuma serve as infrastructure or as the foundation of companies’ businessactivities, and they are required to deliver stable performance over many years. We launched the Supply Lab asa way to develop after-sales service facility for maintaining sufficient stock of spare parts that are essential tostable operation and for supplying them promptly even in the event of an abrupt halt due to problems caused
by deterioration over time or failure of a facility so that customers can operate plants with peace of mind overan extended period of time.
The Supply Lab uses information and communication technology (ICT) to consolidate information about spareparts stored at plants nationwide. In this way, we strive to manage an appropriate inventory of special-purpose
parts with long lead times and parts that can be shared among plants. Furthermore, the Supply Lab works with
Takuma’s Solution Lab, a facility at Takuma’s Head Office which provides remote monitoring and operational
support for plants, as part of an extensive after-sales service regime that’s informed by both operational andmaintenance perspectives.
MESSAGEThe design of the new factory is based on an overall facility plan conceived to realize a sustainable,
people- and environment-friendly production center while taking into account disaster readiness
imperatives. It provides a work environment that takes into consideration greenery, light, indoor
temperature, and ventilation while incorporating measures designed to prevent power loss and otherdamage in the event of flooding along with functionality that allows it to serve as a shelter in the eventof a disaster. Despite the impact of the COVID-19 pandemic along with building material and labor
shortages during its design and construction, the new factory was able to start operations in January2023 thanks to the hard work of everyone involved with the project. Today, We are moving ahead with
Phase 2 of the construction project, which is scheduled to be complete in January 2024. We welcome
your expectations with regard to the new facility.

We are deeply grateful for having been blessed with the ability to complete construction work under

New Harima Factory Project Team
Deputy General Manager,
Civil & Architectural Engineering Department,
Takuma Co., Ltd.

Toshio Hamada

Shinya Ikoma

19

favorable conditions thanks to the understanding and cooperation of nearby residents. We were able
to get the facility up and running after its completion without major incident. In the future, we lookforward to streamlining production using equipment that incorporates new functionality.
Furthermore, we will give top priority to safety and quality going forward as we look to enhance
the facility by incorporating new technologies while faithfully carrying on the skills of predecessors
who earned customers’ trust; continuing to realize work improvements; and putting in place anenvironment that promotes the activities of a diverse workforce at the factory.

General Manager,
Harima Factory,
Takuma Co., Ltd.

Takuma CSR Report 2023

20