Corporate Social Responsibility Report2018Message from the President
Taking on the Challenge of the Technologies that Society Needs
At Tamron, through our core business of making lenses as the“New Eyes for Industry,”westrive to be a company that creates joy and excitement, and which contributes to society
and the environment. In recent years, expectations have been placed on companies to tackle
solutions to social issues in the medium-to-long term through the Sustainable Development
Goals（SDGs）adopted by the United Nations, and the Charter of Corporate Behavior 1
instituted by Keidanren（Japan Business Federation）. Similarly, a decade has passed since
Tamron introduced CSR management, and we have reaffirmed the recognition that business
opportunities lie in solutions to social issues. Car-mounted lenses and surveillance lenses holdpromise to potentially solve their respective social issues in terms of a safe driving society
and secure lifestyles. In new fields such as drone lenses, we will also contribute to social
issues through technological development from a medium-to-long-term perspective. Looking
ahead, we will work through our Opto-Science R&D Center on lenses for medical use serving
future needs and high-sensitivity surveillance cameras while also quickly adapting to the latest
technologies as they emerge.
Tamron formulates a medium-term management plan and reform-oriented themes as partof its corporate strategy.2 Initiatives in the areas of the environment, society and governancethat reflect current circumstances are crucial to achieving these goals. Given this, in FY2017
we reviewed our twelve CSR themes and identified key CSR issues. Moving forward, we will
ensure steady implementation and outcomes consistent with the new twelve CSR themes,
including CSR procurement.
On the other hand, unfortunately we failed to meet our CO2 emissions reduction target for
FY2017. Even so, we promoted energy saving initiatives and installed solar power generation
at Tamron Optical（Foshan）Co., Ltd. In FY2018 we will make greater efforts to reduce CO2
emissions.

Cultivating High-quality Human Resources with an Awareness of
Improving Productivity

President & CEO
Tamron Co., Ltd.

Shiro Ajisaka

At Tamron, we require our employees to be aware of productivity improvements so that they
can become high-quality human resources who can adapt to change. Boosting productivity
is essential to achieving a healthy work-life balance. This gives employees the opportunity
to develop their skills and spend time with their family, leading to a more fulfilling life. By
extension, these employees will go on to create technologies and products that excite ourcustomers. At our overseas sites, we also require human resources who can respond torisks in a convincing manner and create value with a sense of speed. We hire research anddevelopment staff, including overseas, and implement schemes such as job rotations, thereby
cultivating human resources who can succeed at the global level.
The lifeblood of a company is its people. With this in mind, Tamron will develop an internal
environment that allows people to take on their work in a bright, enjoyable and positive way.

Supporting the Ten Principles of the UN Global Compact
Tamron continues to be an active supporter of the 10 principles laid out in the U.N. Global
Compact as part of its global expansion. We recognize that these 10 principles represent
guidelines that truly multinational corporations must put into practice, and thoroughly educate
our employees on the principles, including those in our overseas sites.
We have compiled this CSR report with a focus on engagement with stakeholders, and asa tool for disclosing non-financial information, which is encouraged by Japan’s Corporate
Governance Code. We would greatly appreciate your comments and suggestions for how we
can further improve.

1. The Charter of Corporate Behavior was revised by Keidanren（Japan Business Federation）in 2017.
2. Please visit the Tamron website for information about our Mid-to Long-Term Management.
WEB http://www.tamron.com/ir/management_policy/

1

Tamron CSR Report 2018

Corporate Philosophy

With its firm commitment to developing high-quality, innovative and technologically advanced products that satisfy
customer needs, Tamron is securing a leading position in the worldwide optical industry. Our primary objective isto sustain strong corporate growth based on a high level of customer satisfaction achieved by providing superior
products at the right price, thus also contributing to the prosperity of our shareholders and employees.

Brand Message
New Eyes for Industry

Company Profile

Outline of Business Operations

Trade name
Tamron Co., Ltd.
Commercial/
Head office1385 Hasunuma, Minuma-ku, Saitama-shi, Saitama, Japan
industrial-use optics
Tel.
+81-48-684-9111
FoundedNovember 1, 1950
Incorporated
October 27, 1952
Capital
6.923 billion yen
Optical
5.6%
President & CEO Shiro Ajisaka
Components
Employees
4,640（consolidated；excluding 1,265 temporary employees）
Net sales
60.496 billion yen（consolidated；as of December 31, 2017）
ListedFirst Section of the Tokyo Stock Exchange
Domestic plants
One each in Hirosaki, Namioka and Owani in Aomori
Overseas plants
Foshan, China and Hanoi, Vietnam
Photographic
Consolidated subsidiaries
Products
United States, Germany, France, Hong Kong, China（Shanghai）,
Russia, and India［Employees］
1,814

1,000
0

5,829

目

2013

Consolidated（temporary employees）

（1）

3,985

6,000
5,000

4,000
3,000
2,000 2,545

Percentage
of salesby businesssegment（FY2017,
consolidated）

74.9%［Net Sales for the Previous Five Years］（person） Consolidated（regular employees）

8,000
7,000 4,090

19.5%

935

1,265

4,728

4,640

2,694

2014

2015
（2）

2016

2017

FY

1.“Temporary employees etc.
（Consolidated）”shows theaverage number of temporary
employees.
2. The increase in the numberof regular employees in2015 was mainly due to achange in the employment
status of workers at Tamron
Optical（ Foshan）Co., Ltd.
（Tamron’s manufacturingsubsidiary in China）.

（Billion yen）

800
700
600

684

736

Consolidated

719
599

605

2016

2017

500
400
300
200
100
0

2013

2014

2015

FY

次

● Message from the President… ………………………… 1● Corporate Philosophy / Company Profile / Table of Contents…… 2● Special Feature：Striving to Create a Sustainable Society…… 3● Participation in the UN Global Compact… ………… 5● Relationship with Employees… ………………………… 6● Relationship with Shareholders and Investors……… 7● Relationship with Business Partners…………………… 8● Relationship with Customers… ………………………… 9● Management System…………………………………… 13● Relationship with the Environment… ……………… 15● Environmental Objectives and Targets Achieved…… 16● Reducing environmental impact… ………………… 17● Relationship with Society……………………………… 19● Activities at Tamron’s Overseas Subsidiaries… … 21

Editorial Policy（1）This report was issued to disclosure to our stakeholders including
customers, employees, shareholders, investors, business partners, local
communities, public institutions, NGOs and NPOs, of our activities forprotecting the environment and discharging our social responsibilities.
（2）This reports covers activities at all the Tamron Group including TamronCo., Ltd., Tamron Optical（Foshan）Co., Ltd., and overseas sales subsidiarycompanies（except for some information on environment data and so on）.
（3）Guidelines mainly referred in compiling this report：
E nvironmental Report Guidelines, Ministry of the Environment（2012version）
Greenhouse Effect Gas Measuring & Reporting Manual Version 4.3.1
Environmental Accounting Guidelines, Ministry of the Environment（2005version）.
（4）We also referred to GRI Sustainability Reporting Guidelines and ISO
26000：2010 Manual on Business Entities’ Social Responsibility inextracting the needs for disclosing information to our stakeholders.
（5）We worked on information disclosure sharing our perspectives with
our stakeholders, by referring to the warranty processes in the AA1000
Warranty Standard.
（6）We selected the cover design to express our corporate attitude attempting
to contribute to the environment of the earth and the harmony with all
stakeholders through lenses.

● Independent Third-Party Opinion…………………… 22
Tamron CSR Report 20182

Special
FeatureStriving to Create

Working from a medium-to-long-term perspective, Tamron has

Through the new twelve CSR themes, Tamron will contribute

Striving to Create a Sustainable Society（Tamron’s CSR Management）
advanced, and with various social issues such as humanrights and labor becoming increasingly serious, there
is an even greater expectation placed on the initiatives
companies pursue to solve social issues. In December 2017,
Tamron identified key CSR issues and redefined its twelve
CSR themes in order to promote initiatives designed tosolve social issues in the medium-to-long term.

Under a CSR policy1 of contributing to the economy, society
and environment as eyes for industry to realize its corporate
philosophy, Tamron aims to enhance its corporate value anddevelop a sustainable society. In 2007, we set twelve CSR
themes against the backdrop of the internal and external
environment of the time. In the time since, we have set
goals and targets on a yearly basis to inform our activities.
In today’s world, however, as typified by the phenomenonof global warming, the sustainability crisis has steadily

1. Please visit the Tamron website for information about our CSR Policy and Action
Declarations.

WEB http://www.tamron.com/csr/csr.html

Identifying Key CSR Issue and the Twelve New CSR Themesrisk that would occur in relation to a social issue）. Afterconsidering the validity of the evaluation results, we
identified 15 key CSR issues. These were revised down to
twelve CSR themes and consequently approved by the CSR
Committee.
To respond to the key CSR issues that were identified, we
have revised the twelve CSR themes under which we haveoperated since 2007, and newly added CSR Procurement
and SDGs themes2. Our activities will be conducted under
the new twelve CSR themes.

We identified key CSR issues（materiality）in the course of
three steps in order to address social issues in a decisive
manner.
First, in light of the fact that Tamron’s business is global innature, we identified and acknowledged social issues basedon various guidelines and indexes, including ISO26000, theTen Principles of the UN Global Compact, SDGs2 and the
RBA Code of Conduct（formerly known as the Electronic
Industry Citizen Coalition, or“EICC”）. Next, we evaluatedthe level of importance for each stakeholder involved with
Tamron in a business capacity, and the level of importanceto Tamron（the probability and the level of impact on a

The process for
identifying key
CSR issues

1 Identify social issues

2. SDGs stand for“Sustainable Development Goals,”and as the name suggests, refer togoals designed to further sustainable development.

2

STEP

STEP

《New Twelve CSR Themes
Association Table》

Twelve New CSR Themes

Identify key CSR issues

revise the CSR
3 andthemesSTEP

Key CSR Issues

Relevant Page in this Report

High

Importance to Stakeholders

SDGs

Contributing to social issues through business（including new businesses）

P3 ～ 4

Quality and Product Safety

Enhancing product quality and safety management

P9 ～ 12Reducing CO2 emissions
Recycling resources and reducing waste
Environment

Environmentally friendly design
Reducing harmful chemical substances

P12
P15 ～ 18

Water management
High
Importance to Tamron

Human Resources andHuman Rights

P6

Occupational Health & Safety
Social Contributions

Fostering the development of the next generation

P19 ～ 20

CSR Procurement

Promoting CSR procurement

P8

Crisis Management

Preparing for（rebuilding from）major disasters

P13

Corporate GovernanceTamron CSR Report 2018

Human resource development（improved productivity）
Providing comfortable workplaceenvironments and promoting diversity

Compliance

3

Assess the degree ofimportance for eachissue, and consider
its appropriatenessImproving the governance framework

P14

P7、14
P7

Information Disclosure

Expanding the disclosure of non-financial information

P5、P7

Information Management（Personal Information / Security）

Enhancing internal reporting systems

P7

a Sustainable Society

identified key CSR issues as social issues to be addressed on a priority basis.
solutions to social issues through its core business activities.

Tamron and the SDGs
I n 2015 , t h e U n i te d N a t i o n s a d o p te d t h e Su s t a i n a b l e
Development Goals（SDGs）, a set of uniform international
goals towards achieving a sustainable society. The SDGs arecomprised of 17 goals and 169 targets. To eliminate poverty,
nations and companies are expected to promote economic
growth and address environmental issues while satisfying awide range of social needs including education, health andemployment opportunities.
Tamron recognizes the importance of the SDGs, and has

examined them a number of times. In FY2017 we conductedverification to ascertain how the SDGs relate to Tamron’sb u si n e s s a c t i v i t i e s . T h e fo l l o w i n g t a b l e（
“Examples ofRelationships between Tamron and the SDGs”）illustrates therelationships between Tamron’s current activities and the SDGs.
In FY2018, we will consider activities aimed at achieving theSDGs, including contributions to sustainable society through new
business endeavors.

〈Examples of Relationships between Tamron and the SDGs〉
Goal 3：
Ensure healthy lives and promote well-being for all
at all ages
【Target 3.6】
By 2020, halve the number of global deaths andinjuries from road traffic accidents
Goal 11：Make cities inclusive, safe, resilient and sustainable

Goal 9：Build resilient infrastructure, promote sustainableindustrialization and foster innovation
Goal 12：
Ensure sustainable consumption and production patterns【Target 12.4】
By 2020, achieve the environmentally sound managementof chemicals and all wastes throughout their life cycle, in
accordance with agreed international frameworks, andsignificantly reduce their release to air, water and soil inorder to minimize their adverse impacts on human healthand the environment

Tamron’s Activities

Tamron’s Activities［Lenses for Vehicle-Mounted Cameras］- Supplementing driver awareness with lenses for camerasthat visually recognize the surrounding areas and lenses forsensor cameras, etc.

Developing Technologies with a Medium-to-Long-Term Perspective［Environmentally Friendly Design］- Reducing waste and raw materials throughparts recycling- Considering people and the environmentt h ro u g h t h e p ro p e r m a n a g e m e n t o fcontrolled environmental substances- Reducing raw material usage throughlighter and more compact products［Traffic Monitoring Camera Lenses］- The effect of preventing traffic accidents throughlenses for high image quality traffic Traffic Monitoring Camera Lenses
monitoring cameras(Model DE005)

Tamron Eco Label

Tamron CSR Report 20184

ISO26000-4.7 Respect for international norms of behavior

Participation in the UN Global Compact
In August 2007, Tamron began participation in the United
Nations Global Compact in an effort to establish the foundations
for its CSR initiatives. Advocated by the United Nations, theUN Global Compact is an international initiative supporting
ten universal principles related to human rights, labor, theenvironment and anticorruption. Tamron has adhered to the Ten
GC Principles and continued to engage in corporate activities
that fulfill its social responsibilities.
In FY2017 Tamron conducted training on SDGs, mercury-related
laws and the UN Global Compact, targeting the employeesof Tamron Optical（Foshan）Co., Ltd., Tamron Optical（Vietnam）
Co., Ltd., and Tamron’s other overseas subsidiaries, as part ofefforts to foster a strong recognition of the principles. Tamron’s
CSR Committee meets monthly to closely monitor the progressof CSR activities which is related to the Ten GC Principles.
The committee is an organization under the direct controlof the President and CEO. Representatives from all divisions

at the head office and plants in Japan and overseas meetthrough videoconferencing. In FY2018, Tamron will continue
to thoroughly disseminate the ten principles both in Japan andoverseas, and strive to further enhance its performance.

For further details about the GC, please visit the United Nations
website at:

WEB http://www.unglobalcompact.org/

COP Report（Communication on Progress）
The following table describes Tamron’s accomplishments and efforts during FY2017 in line with the Ten Principles.
Principles

Tamron’s Policies

Human Rights

1 Business should support and respect・We support basic human rights in our
the protection of internationally
Action Declarations.
proclaimed human rights.
・W e declare respect for human rights andelimination of discrimination in our Compliance2 B usiness should make sure that Regulations.
they are not complicit in human ・We clarify management items and strengthen
check function.（established the Human Rights
rights abuses.
Protection & Labour Standard Management
Regulations）

Relevant
Page・C arried out operations based on P6
the Human Rights Protection &L a b o u r Sta n da rd M a na ge m e nt
Regulations.
・C larified management items for P6
o p e ra t i o n s a n d s t re n g t h e n e dchecks and balances（Japan and
P8
Tamron Optical Foshan）.

Labour3 B usi n ess sh o uld u p h o ld t h e・We declare respect for the right of our
freedom of association and theemployees to organize in our Labour
effective recognition of the right
Organization Memorandum.
to collective bargaining.

・E s t a b l i s h e d o p p o r t u n i t i e s fo r
periodic consultation bet ween
management and workers.
P6
・I m p r o v e w o r k i n g c o n d i t i o n sthrough labor union activities.

・We stipulate the importance of complying
with labour-related laws and regulations andmaintaining a proper work environment forour employees in our Compliance Regulations.

・Operation of the“Tamron Kids Day- P6
care Center”
・Making every day a“no overtime”
P14
day（Tamron head office）

4 B usi n ess sh o uld u p h o ld t h eelimination of all forms of forced
and compulsory labour.

5 B usi n ess sh o uld u p h o ld t h e ・We vow not to use child labour. We do not
ef fective abolition of child
employ workers under the age of 15, which
labour.
is stipulated in our employment rules.
6 B usi n ess sh o uld u p h o ld t h e ・We have targets for employing persons
elimination of discrimination
with disabilities and a policy to increase
in respect of employment andthe ratio of female managers in order tooccupation.
realize a diversified work place.

Environment
Anti-Corruption

5

Results for FY2016

・Implemented CSR
related e-learning, ・E stablished a manual to check the age ofw i t h c o n t e n t applicants at the time of hiring（Tamron Optical P7
including SDGs, Foshan and Tamron Optical Vietnam）.
mercury-related ・Ratio of females promoted to management
laws, and the UN positions：10.2%（domestic）
Global Compact； ・Ratio of eligible employees taking parental
P6
e - l e a r n i n g w a s leave：100%（domestic）
undergone by a total ・Ratio of hiring of persons with disabilities：of 1,404 employees.
2.31%（domestic）

・We have a provision to prevent environmental
deterioration through efforts such as thefollowing：
7 B u s i n e s s s h o u l d s u p p o r t a （1）Reducing CO2 emissions；p re c a u t i o n a r y a p p ro a c h t o （2）Reducing industrial waste；environmental challenges.
（3）Finding alternatives to harmful chemical
substances；and reducing the use ofharmful chemical substances（4）Conserving biodiversity

・N um b er of incid ent s involving P8leakage of harmful chemical
substances：None
P20・Support for ecosystem protection（Tamron head office）
P14〜・Improve management system ofP18
mercury use products

8 Business should undertake initiatives ・We have a policy to clearly establish environmental
to promote greater environmental objectives and targets for the following：
responsibility.
（1）Reducing CO2 emissions；
9 B usin ess sh o uld e n co u ra ge t h e （2）R educing industrial waste emissions todevelopment and diffusion ofultimately achieve zero emissions；andenvironmentally friendly technologies. （3）Promoting environmentally-friendly designs.

・Rate of decrease in CO2 emissions：3% increase
P12（compared to FY2016, on a unit sales basis）
・Waste reduction target：not achieved
P14〜
・Efforts to reduce product weight and size：
Weight：0.7% increase, Size：1.3% decreased P18
・Achieved compliance with chemical regulations

10 B usiness should work against
co rru p t i o n i n a l l i t s fo rm s ,including extortion and bribery.

Tamron CSR Report 2018

・We have a policy to regulate acts of endowment
and political donations and terminate ties with
anti-social forces in our Compliance Regulations
and Action Declarations.

・T he Compliance Promotion Commit
tee held workshops for employees to P7
learn more about compliance.

ISO26000-6.3 Human Rights / 6.4 Labour practices

Relationship with Employees

Tamron fosters self-disciplined employees with a challenging spirit and strives to provide positive
workplace environments grounded in fair evaluations and compensation as well as mutual understanding.
Overview of FY2017 Activities●●

Challenges for FY2018

Considered measures aimed at achieving diversity

Conducted training to strengthen the management skills of managers

Human Resource Development Systems

Tamron seeks to cultivate ambitious and self- disciplined
employees. In FY 2017, we revised training for new employees in
occupation-based training programs and further strengthened
training for managerial reinforcement. In occupation-based
training, we have held technical education and optical basic
lecture for sales staff. In any educational training, we are working
on improvement based on effect confirmation of education andsatisfaction survey.

《Training System Diagram》
Occupation-based training

Rank-based training programs

Training for new
graduate hires

On-the-job
training

Training for mid-career
hires

●

Reforming personnel systems to focus on addressing diversity
Further cultivating our global human resources

Main Benefits Programs for Childcare（Japan）
Program

Term

Overview

Parental
leave

Until the child turns 1（Extendable up to 14 months ofage）

An employee can take leave tocare for a child.

Extendedparentalleave

Up to the day a child turns 18
months of age, or April 15 of
the year after the child turns
one, whichever is longer

An employee can take leave if
certain circumstances apply, suchas being unable to find a place ata day-care center.

Child care
leave

Until the child begins elementary
school（Up to 5 days per year）（10 days if the employee has
two or more children）

An employee can take paid leave
for a child care, vaccinations or
health checkup for a child.

Reducedworkinghours

Up until April 30 of the school
year in which the child becomesa fourth grader in elementary
school.

An employee can shorten theirworking day by up to two hours
as long as they work at least six
hours.

Company-wide training programs

E-learning

Training for sales andadministrative staff

Training forengineers

Manager training●

Number of Female Employees Taking Paid Parental Leave2

Initiatives Aimed at Work-Life Balance
Tamron pursues a number of initiatives aimed at promoting
harmony between work and home life. Regarding overtime, in2015 we introduced a system where employees must obtainapproval from their department general manager and officer incharge in advance and wear a permit in order to work overtime.
Since FY2017, we have implemented twice-weekly no-overtimedays without exceptions to better enhance the effectiveness of
the initiative.
Tamron helps both male and female employees balance theirwork with their childcare responsibilities. For instance, theTamron Kids Day-Care Center1 was opened at the head office.
The center employs permanent nurses and also offers care forsick children to ensure peace of mind. One hundred percent offemale Tamron employees in Japan who have had a child havemade use of leave before and after childbirth and the parental
leave systems and subsequently returned to work. Through these
initiatives, Tamron has met the standards set forth in the Act on
Advancement of Measures to Support Raising Next-generation
Children, and had also been awarded the“Kurumin Mark,”
which is given to companies that promote a childcare-friendly
workplace.

Tamron Kids Day-Care Center
1. "Tamron Kids Day-Care Center" has been certified as a small-scale officenursery office, five children of the area are also accepted.

（employees）
250

Japan

200
150
100
50
0

8

3

30

2013

Tamron Optical（Foshan）Co., Ltd.（China）

59

111

65
24
2014

46
25
2015

Tamron Optical（Japan Vietnam）Co., Ltd.

128

73

53
28
2016

82
27
2017 FY

2. T he name of the parental leave system varies from country to country. Employees at Tamron
Optical（Foshan）Co., Ltd. in China are entitled to 178 days leave after childbirth（98 statutory + 80
recommended）. Employees at Tamron Optical（Vietnam）Co., Ltd. can take up to six months’leave
before and after childbirth. In Japan, male employees who have just become a father can take parental
leave of up to one month. A total of 24 male employees took advantage of the system in FY2017.

Promoting Diversity
Tamron believes in the importance of utilizing a diverse rangeof human resources and values in order to create new value,
and aims to improve the percentage of female employees inmanagement positions as a part of its diversity management 3
efforts. In FY2017, female employees accounted for around
10.2% of employees in management positions（domestic）.
Saitama Prefecture, where our head office is located, has beenpromoting the Saitama Prefecture Womenomics Project, which
is designed to invigorate the prefectural economy through thepower of women. As part of this project, Tamron has beencertified as a“Diversified Workstyle Promoting Enterprise”andelevated to“Platinum+,”in recognition of achievements suchas having male employees take childcare leave for at least fiveconsecutive days. Japan requires companies to maintain a 2%
hiring ratio for people with disabilities, and in FY2017 Tamron
again exceeded this ratio at 2.31%. Tamron’s overseas plans andsales subsidiaries are primarily run by local staff, ensuring thata diverse range of human resources enjoy success across thecompany.
3. This refers to efforts to accept diversity including gender and racial differences
and people of different ages, characters, academic backgrounds and values,
and to make broad use of human resources to improve productivity.

Tamron CSR Report 20186

ISO26000-6-2 Organizational Governance

Relationship with Shareholders and Investors
We are committed to fair and transparent management practices as well as enhancing corporate value,
which is achieved by strengthening corporate governance to build up trust with shareholders and investors.

Corporate Governance
Basic Policy

Ever since the company was first established, we at Tamron have sought
to forge good relationships with all stakeholders, achieve sustainablegrowth and enhance corporate value in line with our management
philosophy. In support of those goals, we have adopted the basic
approach of ensuring fair and transparent management practices whiledeveloping a highly effective corporate governance system that seeks
to improve the speed and efficiency of decision making and businessexecution.

Corporate Governance System Overview
Tamron is a company with corporate auditors and includes a Board of
Directors that functions as a body to make important decisions andsupervise the execution of operations, as well as an Audit & Supervisory
Board as an auditing body that is independent of the Board of
Directors. Tamron also appoints multiple independent external directors
possessing a wealth of knowledge, expertise and independence andhas set up a Nominating Committee and Compensation Committee
as advisory bodies to enhance supervisory functions. In addition, by
establishing a Management Meeting and introducing an Executive Officer
system, we have developed a framework for executing business mattersin a way that responds smoothly and quickly to changes in the external
environment. To the Board of Directors, Tamron appoints 12 directors（two of whom are external directors）and 4 corporate auditors（three ofwhom are external auditors）.
Tamron respects the principles of the Corporate Governance Codewhich came into effect in June 2015, and is working to achieve a further
strengthening of corporate governance, along with continued growth andthe enhancement of corporate value over the medium and long term.

（1）
Board of Directors

Meetings of the Board of Directors are held twice a month, in principle,
attended by all Directors and Corporate Auditors, for reviewing theexecution of duties by the Directors and deciding on important issues as
set forth in the basic policy of the company and the Companies Act.

（2）
Audit & Supervisory Board

Meeting once a month in principle, the Audit & Supervisory Board
audits the process of decision making by the Board of Directors and theexecution of duties by Directors, by attending the Board of Directors
meetings and checking approval documents.

（3）Nominating Committee and Compensation Committee

To enhance the independence and objectivity of Board of Directors
functions concerning director appointment, dismissal and compensation,
Tamron has established a Nominating Committee and Compensation
Committee. Each committee is chaired by an external director, with amajority of its members external officers（external directors and external
auditors）.

（4）
Management Meetings

Tamron has established management meetings attended by directors
and full-time corporate auditors to discuss and consider issues related to
management and the execution of duties, and to quickly respond to thechanging management environment.

（5）
Accounting Auditor

Tamron has concluded an auditing agreement with Wako Audit
Corporation and receives audit from this firm in its capacity as
accounting auditor.

7

Tamron CSR Report 2018

Corporate Governance Structure
General Meeting of Shareholders
Election/
dismissal

Election/
dismissal

Election/dismissal

Board of Auditors（Corporate Auditors andIndependent Auditors）

Audit

Coordination

Accounting Auditor
Audit

Coordination

Board of Directors（Directors and External Directors）
Nominating Committee

Compensation Committee

President & CEO
CSR Committee
Compliance Committee

Coordination

Management Meeting

Internal Audit
Internal Audit

Each department/subsidiary

Shareholder and Investor Engagement
To ensure that information is disclosed to shareholders and investors ina timely and appropriate fashion while deepening mutual understanding
and forging a relationship of trust, Tamron endeavors to engage in twoway communication. In addition to twice-yearly earnings presentations
for institutional investors and securities analysts delivered by thepresident and top management team, we also hold individual and smallgroup meetings and take part in conferences aimed at domestic andoverseas investors run by securities firms.
Our earnings presentation for the fiscal year ended December 2017 washeld on the same day our earnings were announced. In addition to thepresentation materials used, earnings details were also posted to thecompany website that same day, underscoring our efforts to disseminate
timely and unbiased information and enhance the information wedisclose.

Compliance
To promote compliance, Tamron has established the Compliance
Committee, which is chaired by the Representative Director anddeliberates on basic items for the promotion of compliance, and theCompliance Promotion Committee, which comprises members selectedfrom each business division and provides training and education on legal
compliance.
In FY2017, the committee conducted training on themes such as thelawful disposal of industrial waste, which is essential for Tamron’scontinuity as a manufacturing business, and on the beefed up operational
standards in the Subcontract Proceeds Act. In addition, the committee
offers support to overseas subsidiaries in developing their own internal
regulations and periodically provides them with global legal information
related to the Tamron Group’s business activities. Information security andthe protection of personal information are managed appropriately inaccordance with internal regulations. Thanks to these company-wide
initiatives, zero legal violations were reported in FY2017.

ISO26000 - 6.6 Fair Operating Practices

Relationship with Business Partners
Tamron respects human rights, ensures compliance with laws and regulations, and establishes good
relationships with business partners to grow and contribute to society together.
Summary of Activities in FY2017●●

Tasks for FY2018

Revised the Tamron Supplier Code of Conduct●

Launched the chemSHERPA scheme●

Further reinforce CSR procurement with business partners
Improve operation of the chemSHERPA scheme

Business Partner Accreditation Program for CSR Procurement

Working Together with Business Partners to Manage Chemical Substances

In order to contribute to society in accordance with its CSR policy andAction Declarations, Tamron works together with its business partners
to comply with laws and regulations, and continually aspires to serve as
a partner that delivers high quality products and services. For productand environmental quality, we conduct surveys to check the status of
our suppliers through on-site or paper-based audits in accordance with
our assessment standards.
While Tamron has engaged in CSR procurement since 2008, in FY2017
we made revisions to the Tamron Supplier Code of Conduct basedon the latest edition of the EICC Code of Conduct1. We distributed
the revised code of conduct to all suppliers along with a request for
their compliance. We also conducted an SAQ survey2 for 130 business
partners in Japan and overseas to gauge the current status of CSR
promotion. Moving forward, we will analysis the results of the survey
and further promote CSR procurement with the cooperation of business
partners.

Tamron maintains a policy of avoiding the use of harmful chemical
substances in the materials used to make its products. We ask business
partners to manage chemical substances based on the standards
in Tamron’s environmental quality assurance system. To reduce theworkload associated with chemical substance management for Tamron
and its business partners, in FY2017 we launched chemSHERPA 3, a
new scheme for transmitting information on the chemical substances
contained in products. This scheme provides an effective way to verify
that the standards are being met by Tamron and its partners.
Tamron also implements internal analysis work using equipment including
Inductively Coupled Plasma Atomic Emission Spectrometry（ICP-AES）
and Gas Chromatography Mass Spectrometry（GC-MS）to ensure only
the safest and most secure products are delivered to customers. In July
2019, the scope of application of RoHS is being expanded from theoriginal six substances – Cadmium, Lead, Hexavalent chromium, Mercury,
Polybrominated biphenyls（PBB）, and Polybrominated diphenyl ether（PBDE）– to include four additional substances, all of which are types of phthalates：
Bis（2-ethylhexyl）phthalate（DEHP）, Benzyl butyl phthalate（BBP）, Dibutyl
phthalate（DBP）, and Diisobutyl phthalate（DIBP）. Tamron’s systems also
allow it to analyze these four substances.
Tamron is also establishing the frameworks and systems needed toensure compliance with other new regulations relating to the controlof harmful chemical substances that may be established in different
countries around the world in the future.

1. The EICC Code of Conduct sets out standards for environmental responsibility
and ethical business practices in the electronic equipment industry supply
chain, requiring safe working environments and the treatment of workers with
dignity and respect. Due to a name change from EICC to RBA in October 2017,
this is currently referred to as the RBA Code of Conduct.
2. S elf-Assessment Questionnaire. This is a table of questions designed toenhance CSR procurement that is made up of themes such as“Corporate
Governance Related to CSR,”“Human Rights,“Labor,”“the Environment,”“Fair
Corporate Activities,”“Quality and Safety,”and so on.

Procedures for Selecting Suppliers

3. chemSHERPA is a new scheme for sharing information about the chemical
substances in products in the supply chain. Through widespread adoption
the scheme aims to reduce the burden on those providing and receiving
information.

Request the supplier to make efforts in CSR, covering aspects
including labour, health and safety, environmental protection,
management and operational mechanisms and ethical management,in addition to promoting environmental and quality assurance

Carry out quality audits, environmental quality
audits, process audits and paperbased audits
Yes

Accreditation as business partner
CSR management implemented
by business partners

No

Periodical evaluation

Check whether the supplier complies with the
Tamron Supplier Code of Conduct

History of Our Activities
2008 R equested all business partners to comply with the Tamron Supplier
Code of Conduct
2009 Requested business partners to perform SAQ
2010 Introduced case examples on“occupational health and safety”and“human rights protection”
2011 Held CSR Procurement Workshops for all business partners in Japanand abroad2012 H eld internal training sessions and in-house hearings
2015 Requested business partners to perform SAQ
2016 Q uestionnaire Collection and Evaluation2017 The Tamron Supplier Code of Conduct was revised and distributed
to partners with a request for compliance. The SAQ survey was
conducted in conjunction with this.

Response to Conflict Minerals
A portion of the minerals（tantalite, tin, gold and tungsten）producedin the Democratic Republic of the Congo and neighboring countriesof Africa are being used to fund armed militants that violate humanrights and cause environmental destruction. These minerals are now
collectively referred to as conflict minerals and are regulated.
Tamron has declared a policy of not using illegal conflict minerals
related to the violation of human rights or environmental destruction inorder to fulfill its corporate social responsibilities within its procurement4s suppliers
activities . In FY2017, Tamron asked 355 of the company’
to complete surveys relating to conflict minerals. All of the suppliers
responded, submitting completed questionnaires in relation to a totalof 10,242 component items. The survey results show no evidence that
Tamron makes use of conflict minerals that are used to fund armed
militants.
4. Please see our corporate website to view our policy on conflict minerals.
WEB http://www.tamron.com/csr/procurement.html

Tamron CSR Report 20188

Relationship with Customers
Tamron is committed to contributing to society by supplying customers with safe, unique and quality
products and services, putting the highest priority on satisfying customers, dealers and OEM customers.
Summary of Activities in FY2017●●

Tasks for FY2018

Created unique products that customers appreciate
Mass production of recycled materials●●

Create unique products and new challenges
Promote environmentally conscious design

Tamron Products Familiar to All
We leverage our optical technologies
to create many“eyes for industry.”

Daily life

Photographic
and imaging
cultureContributing to the propagation and developmentof photographic culture and imaging technologies
・Lenses for DSLR cameras
・Lens units for video cameras
・Lens units for compact digital cameras

Contributing to safety andsecurity in everyday life

Contributing to our economy, society andenvironment with eyes for industry

・Lens units for security cameras (including infrared)
・Security cameras
・Lenses for automotive applications

Manufacturing

Supporting factory automationand quality enhancement
・Industrial lenses

Developing Unique Photographic Lenses

Appraisals of Tamron’s Products

The SP 70-200mm F/2.8 Di VC USD G2（Model A025）released in
February 2017 is a large aperture telephoto zoom lens compatible
with 35 mm full-frame digital SLR cameras. In addition to improved
optical performance, the lens boasts higher AF speed andaccuracy, enhanced vibration compensation（VC）1 and a shorter
minimum focusing distance. The lens employs an eBAND coating2,
fluorine coating3 and a dust and drip-resistant construction, andalso provides support for teleconverters4, marking a significant
advance across all the necessary performance metrics for a largeaperture telephoto zoomlens.

The 18-400mm F/3.5-6.3 Di II VC HLD（Model B028）is a
revolutionary lens as the world’s first5 APS-C lens with a focal
range of 18-400mm, offering a zoom factor of 22.2. Equipped withvibration compensation（VC）1, sharp images can be captured evenunder low-light conditions such as sunsets. The Model B028 isalso designed with a splash-resistant sealing making it well suited
to outdoor shooting. The SP 150-600mm F/5-6.3 Di VC USD
G2（Model A022）is a next-generation lens with advancements
in various features over the predecessor A011 model, including
AF speed and accuracy, and a vibration compensation（VC）1
mechanism. In recognition of
their performance, these twomodels have won prestigious
EISA Awards in Europe6.

SP 70-200mm F/2.8 Di VC USD G2（Model A025）

18-400mm F/3.5-6.3 Di II VC HLD（Model B028）

Category

Model

Award

Imaging（Photographic lens）

Model B028

EISA PHOTO INNOVATION 2017-2018

Model A022

EISA DSLR ZOOM LENS 2017-2018

Awarding Organization
European Imaging and Sound Association（Europe）

1. V
 C stands for Vibration Compensation, which helps prevent blurry images. Tamron lenses for Sony cameras do not offer Tamron’s VC mechanism because Sony includes an imagine stabilizing mechanism in the bodyof its DSLR cameras.
2. T he acronym eBAND coating standard for Extended Bandwidth & Angular-Dependency Coating, which is a proprietarily developed membrane that makes images clearer and more complete. It uses a
nanotechnology-based coating technique to form a multicoated surface with a super-low refractive index membrane to significantly reduce unwanted reflections compared to multicoated surfaces made from resins.
3. The fluorine coating is a coating with excellent water and oil-repelling properties applied to the front surface of the lens element. The coating makes the lens surface easier to wipe clean and offers excellent
durability.
4. A
 teleconverter is an accessory mounted between the camera and lens to expand the focal length of the lens.
5. World’s first among exchangeable lenses for DSLR cameras per a Tamron study in May 2017.
6. T amron lenses have received an EISA award for twelve consecutive years since 2006. EISA is an acronym for European Imaging and Sound Association. This organization sponsors the EISA Awards along with editorsand senior engineers from related media including photography, video, sound, and mobile electronics. Every year the awards recognize leading products in the fields of photography and audio visual media.

9

Tamron CSR Report 2018

ISO26000 - 6.5 The Environment / 6.7 Consumer Issues

Lenses Underpinning Safety and new challenges
Lenses for Automobiles
To contribute to the safety and security of society, Tamron has
focused on the developed of lens units（including infrared units）
for surveillance cameras installed inside and outside buildings,
as well as lenses for automobiles. Cameras and lenses havebecome essential features of cars. Tamron is engaged in thedevelopment of car-mounted lenses that are broadly categorizedunder two fields, lenses for cameras used for visual confirmation,such as rear-view cameras, and sensing cameras used for lanekeeping and autonomous driving systems. As regards trafficmonitoring lenses, Tamron has developed a zoom lens that canbe equipped with autofocus and remote operation capabilities,
making it possible to flexibly monitor different types of road atdifferent distances, and which incorporates image processing
technologies so that users can extract the information they needfor specific applications.
The Japanese government has set the goal of commercializing
autonomous driving by the year 2020. In May 2017, the government
unveiled a roadmap to the introduction of autonomous driving,kicking off a nationwide effort to promote the widespread
adoption of autonomous driving technologies. In 2018, the1
Kids and Transportation Safety Act went into effect in the
United States, requiring the installation of rear view cameras
and underpinning the growing awareness of automobile safety
in Japan and overseas. In this way, there have been increasing
demands for lenses tailored to this car-driving society, andTamron will actively pursue development in this field.

Sensing Camera Lenses（nighttime pedestrian detection）

Lens for Cameras that Visually
Recognition the Surrounding Area（side view）
Sensing Camera Lenses（vehicle spacing control,
front collision avoidance, etc.）

Sensing Camera Lenses（passenger detection）

Headlight Lenses（light dispersion）

Sensing Camera Lenses
Sensing Camera Lenses（lane-keeping detection） （driver monitoring）

Rear View Camera Lens
（rear view）

1. K ids and Transportation Act. This law requires that all new cars comeequipped with a rear-view monitor.

Monitoring and Security Camera Lenses
By the year 2020, roughly 90% of the security market is expected
to have transitioned from analog cameras to net worked
cameras. The majority of these cameras are believed to be fittedwith image sensors that capture images up to two megapixels
or three megapixels in size. To meet these market needs,
Tamron has developed a zoom lenses（Model DF033）with 40x
magnification for combination with 3-megapixel cameras. By
moving multiple zoom groups and focus groups, the size of thelenses can be reduced while maintaining the high magnification.
Moreover, the ability to move multiple zoom groups enables
even higher resolution across the entire zoom range, from visible
light to near-infrared.

a zoom lenses with 40x magnification（Model DF033）

Shutterless Far-Infrared Camera Module
Tamron has successfully developed a Shutterless far-infrared
camera module that does not require calibration2 by meansof a mechanical shutter. This lets users watch over someone
for nursing or family care without interrupting their soundsleep because there is no shutter noise and videos are notinterrupted part of the way through. By combining the farinfrared optical technologies and image processing technologies
that Tamron has acquired to date, it is now possible to detect
the temperature even in a pitch-black environment and record
footage. This technology can be used to detect people, enablingnight-time monitoring withoutl i g ht i n g e q u i p m e nt , a n d to
detect abnormal temperatures
for equipment monitoring.
2. Calibration refers to corrective processingof the variation in images that occur due
to far-infrared light optical characteristics,
and various factors such as operating
temperature and the shutter.

Shutterless Far-Infrared Camera Module

Tamron CSR Report 201810

Evaluation by Distributors and OEM Customers

Enhancing our Technological Development Capabilities

Each year, we ask our OEM customers and Tamron brand
distributors to complete a customer satisfaction survey. The
results of this year’s survey mirrored that of the previous year,with Tamron meeting its target to receive an overall score of 5.0
points. In the“development capability”category, which was
down in the previous year, we received favorable comments
such as that“there was an increase in the number of attractive
products,”and recorded a highly regarded score of 5.1（+0.5
compared with the previous year）this year. Looking ahead,
Tamron will devote all its strength to responding to the needs of
its customers.

Automating Assembly（Japan）

Results of Customer Satisfaction Survey in 2017
（OEM Customers and Distributors）
The survey was conducted at 17 companies.
6.0

Delivery

FY2017FY2016

5.0

Handling of
repairs

Cost

4.0
3.0
2.0
1.0

Response tocomplaints

0.0Communications

Having declared the goal of developing a production line withno human intervention, Tamron began to introduce assembly
automation lines from FY2017, and is rolling out the systems on asequential basis. As a precursor, we installed automated assembly
equipment for the lens barrels of each lens group. By linking thetransitions between each process with automated conveyors,
we successfully developed a line capable of fully automatedproduction. In developing the equipment, we adopted design
philosophy of highly versatile equipment using as few custom
parts as possible and also tried to make the units compact. This
has enabled us to build a large variety of production lines.
Moving forward, we will look to automate processes that requirea high level of proficiency and difficult tasks such as automatedconveyance during inspection
processes. In doing so, we willstabilize quality and steadily
accumulate technologies andexpertise. We aim to further
boost productivity by rollingout these automated lines toeach production plant.
Automated lens barrel assembly equipment

Initiatives to Boost Productivity（Overseas）
Assembly Management System at Tamron Optical（Foshan）Co., Ltd.
Quality

Development capability
Technical capability

1.Very dissatisfied
4.Slighly satisfied

2.Dissatisfied
5.Satisfied
Development Technicalcapability capability

3.Slightly dissatisfied
6.Very satisfied
Response to Handlingcomplaints of repairs

Overall

Delivery

Cost

Communications

FY2016

5.2

4.3

5.4

4.6

5.2

4.8

5.4

5.2

5.0

FY2017

5.1

4.5

5.3

5.1

4.9

4.9

5.3

5.1

5.0

－0.1 ＋0.2 －0.1 ＋0.5

－0.3

＋0.1

－0.1

－0.1

0.0

Gap

Quality

Expanding After-sales Services Globally
This year marks seven years since Tamron started its“worldwide
3-day repair turnaround program,”where it returns repaired
products within three days of receipt. In addition to providing
technical support to overseas subsidiaries, distributors anddomestic contractors, Tamron pursues activities ensuring thatit can provide services tailored to the characteristics of eachmarket.
For the Japanese market, Tamron provides the Tamron Lens
Life Members program, which provides members with services
such as discounted repair fees. While customers can registerfor the service free of charge online, we have also begun
accepting written registration applications in an effort to cater tocustomers who are not familiar with PCs. We make every effort
to ensure our services are available to customers of all ages.
Through our repair acceptance desk in Ueno, Tokyo and the
Tamron Lens Customer Service Desk telephone service, wewill continue to field customer feedback to share internally as
we strive to make further improvements to our products andservices.

11

Tamron CSR Report 2018

Tamron Optical（Foshan）has installed an assembly management
system uniquely developed to meet production needs. By
digitizing record processing and management that was previously
performed on paper, real-time results can be monitored, thenotification process in the event of a fault has been simplified, andfault trends can be analyzed. The system also supports employee
training. Training can be provided using operating standards（procedures）so that employees can easily understand the morechallenging parts. By further digitizing assembly management,
Tamron Optical（Foshan）aims toachieve efficiency improvements,
visualization and cost reductions,l e a d i n g to g re a t e r b u s i n e s s
improvement.
Assembly management system

Improving the Polishing Process at Tamron Optical（Vietnam）Co., Ltd.
Tamron Optical（Vietnam）was established in 2013, and it has
been already five years since then. The production of many
products is continually being transferred from Tamron Optical（Foshan）. The ratio of in-house machining rose to three times
that of 2016 levels. In an effort to stabilize quality and improvethe efficiency of production, improvements were made tomachining methods during a section of
the lens component polishing process.
Work that was once performed with asingle grip is now carried out using threegrips, allowing the process to be carriedout in sets of three lenses. As a result,machining productivity has improved
three times within the same time period. Grips during polishingISO26000 - 6.5 The Environment / 6.7 Consumer Issues

Relationship with Customers

Environmentally Friendly Design
Lens Assessment Item Table

Tamron performs product assessments starting from the design
stage. Of the various product assessment items, particularemphasis has been placed on effective management of thelight weight design and reduced volume items. Environmentallyfriendly design results with respect to new models released
in FY2017 included a 0.7% increase in light weight design anda 1.3% decrease in volume.1 The main reason for the increase
was the switch to metal for some components to improve
interchangeable photographic lens per formance and fit
design concepts. Moreover, Tamron practices the appropriate
management of chemical substances based on its internal
Environment-related Substance Management Regulations, whichreflect the requirements of the RoHS directive and the REACH
regulation. Tamron products that feature environmentally friendly
design bear the Tamron Eco Label.2
Following on from its efforts in 2016, Tamron proceeded withefforts to standardize production lines and equipment. We
have standardized different production line equipment forphotographic and industrial-use optics businesses, which are
now operating lines for new products. We will continue these
efforts to reduce the environmental impact in terms of resourcesand energy consumption during production.

Evaluation Items
１. Extended usage of lens

７. R educed use of packaging materials

２. Light weight design

８. Use of recycled materials for
packaging materials

３. Reduced volume

９. Product labeling requirements

４. Energy efficiency during usage

10. Packaging labeling requirements

５. Use of recycled materials

11. Proper management of controlledenvironmental substances

６. Ease of disassembly

Component Recycling
In particular, we have been focusing on reducing the amountof plastic waste generated, which amounted to over 150 tons
per year. In order to reduce the amount of waste deriving frommanufacturing processes, the rear caps for Tamron’s DSLR
camera lenses are made using 100% recycled plastic runnermaterials.3 From FY2010 to FY2017, we used a cumulative totalof 147 tons of recycled material（in 6.66 million rear caps）.
Tamron has also considered new recycling methods at Integrated
Design, Production Technology and Production Sub-committee
meetings to further promote recycling. As a means of reducing
waste while maintaining quality standards and ensuring that
product functionality is not affected, Tamron adopted“Preconsumer Closed Recycling, which involves mixing recycledmaterials with virgin materials. Since FY2017, Tamron started toutilize these recycled materials for the mass production of thefilter screw rings, a component of interchangeable lens for SLR
cameras. Tamron will continue to expand the introduction ofrecycled materials in components, examine new areas to target
and promote waste reducing and recycling.

1. Calculated using production volume from FY2017comparing conventional models.
2. For more information about Tamron Eco Label certified products, please visit the
Tamron website：

WEB http://www.tamron.com/csr/environmental_activities.html

Tamron Eco Label
The label was designed to resemble
an eye gently looking at our economy,society and environment. The eyebrow
symbolizes a flowing stream of air andwater, the pupil represents the green
in the earth, and the tree in the pupil
stands for our work for the three Rs of“reduce,”“reuse”and“recycle.”

3. Waste material that occurs when pouring plastic resin during the production
process.

The Process of Pre-consumer Closed Recycling

5

Packaging

643

Inspe Pulveri
ction zation

2

1

Molding

Virgin Materials
DeliveryTransportation“Pre-consumer Closed Recycling”involves the use of recycled material
made from waste and surplus material from the production process tocreate the same type of material (or product).

7

Handled byBusiness Partner
Handled by
TamronAcceptance8

Acceptance
Inspection

910Re-pellet
Shipping
Manufacturing Inspection

12

Delivery

11

Packaging

Virgin Materials + Pulverized Materials

Tamron CSR Report 201812

Management Systems
At Tamron, we strive to enhance our product and service quality while reducing environmental impacts
through our integrated management system. Additionally, we ensure the continuity of our business by
avoiding various management risks using our risk management system.

Management System
Tamron has been awarded blanket ISO 9001
（quality）and ISO14001（environment）certification applicable to the entire Tamron Group’s
integrated management system, including Tamron’s head office, its
domestic sites including the Hirosaki, Namioka and Owani plants,
as well as overseas production sites including Tamron Optical（Foshan）in China. Tamron has also completed its migration to the
new ISO 9001, 14001-2015 edition of the standards. Tamron’s plant
in Vietnam is also operating after obtaining blanked ISO 9001
and 14001 certification. On another front, Tamron is working toobtain TS16949（to be migrated to IATF16949）certification, quality
management systems for the automotive industry in relation to carmounted lenses requiring greater quality.
Under the integrated management policy, Tamron aims to achieve
the development of high-quality products that are used safely andsecurely by customers and provide satisfaction, while also taking
environmental considerations into account.

Audit System and Identifying Problems
Tamron regularly performs internal quality and environmental audits
covering the head office and three Aomori plants. In addition to
the internal audit, the head office and three Aomori plants audit
each other to check their systems and manufacturing processes.
We periodically arrange to receive audits from external audit
organizations to maintain certifications while continually improving
the integrated management system. As a result of external audits
implemented in FY2017, the effectiveness of the policy andmanagement processes adopted at our sites was assessed at level
4 on a scale of one to five. We quickly develop improvements toaddress in the areas identified in these three audits, disseminate
the improvements throughout the Tamron Group, and endeavor tocontinually improve in our activities.

Risk Management
In the past, Tamron has used a risk management system andidentification of risks and opportunities through SWOT analysis tobuild consensus in the management review process. We identified
both external and internal issues, determined priority risks interms of risk and opportunity, and translated this into action. In
terms of business continuity planning（BCP）, we have completeddevelopment at Tamron’s plant in Foshan, China in addition to
the head office and three plants in Aomori Prefecture, and thenecessary systems have already been put in place. Tamron is also
working to strengthen its crisis management systems so as to beprepared in the event that a major natural disaster does occur inthe future.

Responding to Emergencies
As part of their risk management initiatives, Tamron’s head officeand three plants in Aomori Prefecture, as well as Tamron Optical
Foshan, hold firefighting drills led by employees, while departmentsthat handle chemicals carry out emergency response drills forchemical spills. Additionally, Tamron’s head office stepped up its
initial response capabilities, by implementing training on how tostart back-up power generators in case of a blackout in accordancewith the BCP and by making changes to its emergency contact
system.

13

Tamron CSR Report 2018

Integrated Management Policy
As a member of the international optical industry, we will continue
to manufacture products that deliver customer satisfaction andhelp achieve our goal of Contributing to Society by Creating
Eyes for Industry, while being considerate of environmental
conservation.
1. We will supply our customers with high quality and reliable
products by using our originality, ingenuity and technology,
pursuing sustainable development with profits arising out ofcustomer delight and satisfaction.
2. We will keep abreast of both internal and external issues
affecting the company, as well as the needs of employees,
shareholders, customers, suppliers and other stakeholders, so
as to maintain an accurate awareness of risks and opportunities.
3. In running our business, we will comply with all related laws,
standards and treaties at home and abroad, respecting therequests and demands made by our customers and the local
community.
4. We will work on preventing environmental contamination,
reducing CO2 emissions, as well as reducing waste emissions
and the use of harmful chemicals, while seeking alternatives andcontributing to the safeguarding of biodiversity.
5. We will continue to work on improving the effectiveness of ourintegrated management system.
6. To achieve this management policy, we will establish specificobjectives and targets, periodically evaluating our progress.
7. To enhance recognition of our integrated management, we
will maintain good communications while providing sufficient
education and training to all people working for Tamron.
8. We will closely cooperate with society in all countries andregions where we operate and disclose information to
stakeholders as necessary on our quality assurance andenvironment conservation efforts.
9. To ensure the company’s smooth operation, without theoccurrence of negative impacts on the economy, society or theenvironment, we will implement preventative actions to the
maximum extent possible in line with the company’s Integrated
Management System; in the event that a negative impact does
occur, we will fulfill our responsibility to society by taking
prompt action to mitigate the damage and support recovery
efforts, and will also take steps to prevent reoccurrence.
March 30, 2016
Integrated Management System Representative

Integrated Management System Implementation System

Quality/Environmental/
Risk Committee

Representative（President）
Consolidated /Risk Management Oﬃcer

Main Secretarial Office（CSR Administration Section）

Omiya Consolidated
Administration Manager

Aomori Consolidated
Administration Manager

Hirosaki, Namioka, and Owani Manager

Tamron Optical（Foshan）
Consolidated Administration Manager

Secretarial Oﬃce
Secretarial Oﬃce
Secretarial Oﬃce
（CSR Administration Section） （Operation Promotion Section） （ISO Information Management Oﬃce）
Sub-committees（Waste Reduction, Eco-friendly Design, CSR Procurement）

Head Oﬃce

Hirosaki Namioka
Plant
Plant

Owani
Plant

Tamron Optical（Foshan）
Co., Ltd.

※In an emergency, we have established a risk management system under risk
management officer.

ISO26000-6.2 Organizational Governance / 6.5 The Environment / 6.7 Consumer Issues

Creating Safe and Comfortable Workplace Environments

Compliance with Laws and Regulations

To protect the safety of its employees, Tamron aims to maintainand improve mental and physical health, and create a safe,
healthy and comfortable workplace environment. We have set
out Occupational Health and Safety Regulations and establishedan Occupational Health and Safety Committee, with patrols
being carried out by health and safety administrators to prevent
occupational accidents, etc.
In FY2017, there were 9 occupational accidents（ 4 of which
occurred in Japan, 1 of which occurred in Tamron Optical（Foshan）in China, and 4 of which occurred in Tamron Optical（Vietnam））and 4 commuting-related accidents（ 3 of which
occurred in Japan and 1 of which occurred in Tamron Optical（Vietnam））. Most occupational accidents involved injuries
sustained at production sites, while most commuting-related
accidents occurred while employees were commuting by
bicycle or on foot. Tamron analyzes the cause of each accident
and thoroughly ensures measures are taken to prevent repeat
occurrences. Regarding commuting-related accidents, we holdtraffic safety seminars to boost awareness and are making
efforts to prevent accidents, including the recurrence of similar
accidents. In addition, to prepare for serious accidents, eachyear we hold regular first-aid training sessions covering topics
such as CPR, and take measures to minimize injuries.
Regarding mental health issues, mental health checks are held
twice a year. In-house seminars are also held in relation to selfcare and caring for one’s direct subordinates； in FY2017, a totalof 85 employees participated in these seminars. Tamron also
provides services such as health consultations as part of its
efforts to create a safe and health workplace environment.

In FY2017, revisions were made to mercury-related laws in
1
Japan in connection with the Minamata Convention on Mercury
taking effect. Mercury is currently a prohibited substance foruse in Tamron’s products, and none of our products contain thissubstance. We conducted a survey of past Tamron products thatare no longer in production, and determined that fluorescentlamps containing mercury are used in some Fotovix series
products. Information is provided on Tamron’s website so that
customers can dispose of these products appropriately. In termsof equipment and fittings, we have developed a management
system to ensure that when mercury is used in a product, it isdisposed of appropriately in accordance with the law. Tamron
also completed the proper disposal of PCB2 waste that had been
stored on Tamron premises.
At Tamron Optical（Foshan）, the environmental managementlevel has increased year after year. In FY2017, three surpriseinspections were conducted by the Guangdong Province
Environmental Protection Review Team, and Tamron Optical（Foshan）earned high marks each time.
At Tamron Optical（Vietnam）, wastewater that had not beenadequately treated was temporarily released into the purification
system of the industrial zone. Thorough wastewater treatment
measures are now being enforced to ensure appropriate
wastewater handling. In the future, we will proceed with further
measures in consultation with the industrial zone and Hanoi
Environmental Office. The state of compliance with major laws
and regulations in FY2017 are presented in the following table.

Environmental Accounting（Japan）
In FY2017, total environmental accounting in Japan amounted
to investments of 30.18 million yen and costs of 277.44 million
yen. The changes in investments and costs related to reducing（i.e. global environment conservation costs）, which
CO2 emissions
is a particularly important item, are shown in the graph below.
In FY2017, a total of 49.66 million yen was spent on investments
and costs associated with reducing CO2 emissions.

<Change in Global Environment Conservation Costs>
t-CO2/non-consolidated sales（Millions of yen）
0.25

（Thousands of yen）
350,000 322,997

300,000
250,000
200,000

0.17

150,000

0.17

0.20

0.19

0.15
0.10

100,000

73,256 63,195

50,000
0

0.16

0.20

28,28349,659

0.05
0.00

2013

2014

2015

2016

2017 FY

Globalenvironment
conservation
costs Costs

Globalenvironment
conservation
costs Investments

CO2
Basic unitof sales（Japan）* The greenhouse gas coefficient from the Greenhouse Effect Gas Measuring &Reporting Manual Version 4.3.1 is used for managing medium-term targets with abenchmark year of FY2016. For consistency purposes, this same coefficient has beenused to re-calculate basic unit of CO2 emissions from FY2016 to FY2017.

1. T he Minamata Convention on Mercury is an international treaty adopted at
the Diplomatic Conference held in October 2013. Its purpose is to protect
people’s health and the environment from human-caused emissions anddischarges of mercury and suchlike, by way of management throughout theentire mercury lifecycle.
2. PCB is an abbreviation of Poly Chlorinated Biphenyl. While PCB has generally
been used as an insulating oil for electrical equipment and as a heating
medium for heat exchangers, adverse health effects due to the gradualaccumulating of PCB following chronic ingestion have been reported.

Compliance at Respective Sites◎：Compliance ○：Exceeded statutory requirement temporarily△：Request for improvement made by local government
×：Administrative action as a result of violation of law/regulation
Head office Aomori plants
Energy saving (Energy Saving Act)

CO₂ reduction (Act on Promotion of
Global Warming Countermeasures)
Chemical substance management3

Air
Water quality
Soil
Noise
Vibration
Odor

Occupational health & safety

FoshanVietnam

◎

◎

―

―

◎

◎

―

―

◎
◎
◎4
◎
◎
◎
◎
◎

◎
◎
◎
◎
◎
◎
◎
◎

◎
◎
◎
◎
◎
◎
◎
◎

◎
◎
○5
◎
◎
◎
◎
◎

3. L aws related to managing and investigating chemical substances apply todomestic sites； international directives including RoHS and REACH apply tothe entire group.
4. Values for groundwater temporarily exceeded certain standards, but ourtreatment measures prevented contamination from spreading outside ourfacilities.
5. A l t h o u g h t h e w a s t ew a t e r t e m p o ra ri ly e xce e d e d s t a n d a rd v a l u e s ,countermeasures are currently being taken and standard values are now
being met.

Tamron CSR Report 201814

Relationship with the Environment
Tamron is considerate of the environment in all aspects of its business operations and constantly
works to be in harmony with the environment.
Summary of Activities in FY2017●●

Tasks for FY2018

Implemented measures to reduce CO2 emissions

Implemented environmental management systems

Environmental Impacts

In Japan, Tamron carries out design work, creates prototypes
and fabricates metal molds at its head office plant locatedin Saitama Prefecture, while the Namioka Plant manufactureslenses, the Owani Plant molds plastic components, and theHirosaki Plant assembles products. Tamron manufactures parts
and assembles products at Tamron Optical（Foshan）in China
and at Tamron Optical（Vietnam）.
These sites use electricity, heavy oil, kerosene and other energy
sources for developing, designing and manufacturing, which
produce CO2. Our plants in Namioka, Foshan and Vietnam also
use water for polishing and cleaning lens elements.

●●

Examine ways to reduce CO2 emissions further

Formulate a medium-term plan for key CSR issues

The Owani Plant and Tamron Optical（Foshan）manufacture
plastic components used to make peripheral components forlenses, and these processes produce runner materials1 andother waste. Air cargo, marine shipping, and trucks are used
to transport components and products between plants, which（Please see
results in CO2 e missions from the burning of fuel.
p.17 of this report for more data.）
1. W
 aste material that occurs when pouring plastic resin during the production
process.

INPUT（2017）
EnergyElectric power 79,132,000kWh
195kℓ
Heavy oil
9kℓ
Kerosene
16kℓ
Diesel2kℓ
Gasoline
4,000㎥
LPG
100,000㎥
Natural gas

726,000GJ

Total

Paper

20t

Copy paper

Clean water
Groundwater

589,000㎥
186,000㎥

DieselGasoline

167kℓ
45kℓ

Sites covered
Head oﬃce（including Tokyo Sales Oﬃce
and Osaka Sales Oﬃce）,the three plants
in Aomori Prefecture, Tamron Optical（Foshan）and Tamron Optical（Vietnam）.

Total

775,000㎥

Total

212kℓ

Site coverage：96%

Water

Transportation energy2

Raw/auxiliary materials

2. Data during transportation covers energy
used to transport parts and ﬁnishedproducts by ground and commercial
vehicles connecting Tamron’s ﬁve satellite
oﬃces in Japan and Tamron Optical（Vietnam）. Tamron Optical（Foshan）
data
covers company-owned vehicles only.

Metal (brass and aluminum)
Glass
Plastic
Chemicals (drugs, solvents, and cleaners）
Gas (nitrogen, oxygen, and argon)
Electrical components
Cardboard

Development, design andproduction at Tamron

Manufacturing of raw materials/
components at suppliers

Transportation between
factories and distributors(logistics/commercial vehicles)

Use by customers

OUTPUT（2017）
CO2
Electric power
Heavy oil
Kerosene
DieselGasoline
LPG
Natural gas

43,268t-CO2
529t-CO2
21t-CO2
43t-CO2
4t-CO227t-CO2
222t-CO2

Total

44,114t-CO2

Waste contracted for intermediate processing

15

Industrial waste3
General waste

1,186t862t

Total

2,048tTamron CSR Report 2018

Recycling

Plastic4
164t
283t
Cardboard
General waste (thermal recycling) 247t
135t
Waste liquid
105t
Waste oil
145t
Metal
28t
Paper
10t
Polishing sludge
12t
Other

1,129tTotal

Products
Total for products

1,261tCO2 emissions during transport2
DieselGasoline

437t-CO2106t-CO2

Total

543t-CO2

Reference guideline：
Manual for Calculating and Reporting
Greenhouse Gas Emissions Ver. 4.3.1
3. Regarding to Pollutant Released & Transfer
Registered（PRTR）substances, industrial waste
includes 1.3 tons of xylene and 1.9 tonsof ethylbenzene. 0.3 tons of xylene and 0.5
tons of ethylbenzene were also released
into the atmosphere.
4. The amount of plastics recycled represented
48 tons of thermal energy and 116 tonsof material.

ISO26000-6.5 The Environment

Environmental Objectives and Targets Achieved
While we worked toward achieving medium-term environmental objectives and targets forthe first year of the program, we failed to meet the CO2 emissions reduction target.

Achievement of Environmental Objectives and Targets in FY2017
In consideration of the Paris Agreement1 and the policies of
JEITA2, Tamron has set new medium-term environmental targets
working from FY2016 as a benchmark year, to cut Group-wide（on a unit sales basis3）by an average of aroundCO2 emissions
1.3% each year, and by 16.55% by FY2030.
In FY2017, while the target was to achieve a 1.3% reduction
in CO2 emissions, emissions actually rose by 3%, missing thetarget. This is primarily due to the fact that we missed our initialsales targets and were thus unable to achieve CO2 reductions
consistent with sales.
As regards environmental impacts other than CO2 emissions,each Tamron site has set individual targets, because each sitemanufactures a different category of products. In FY2017 wewere unable to meet three targets. One missed target was the

reduction in the amount of waste plastic from the Head Office
Mold & Tooling Technology Center. Significant increases reflected
an increase in molding volume due to the transfer of dies, andmolding inspection work associated with the introduction of a
new molding resin. Two other factors were our failure to meet
the targeted waste plastic material recycling rates at the Mold &Tooling Technology Center and Hirosaki Plant. In each case, wewere unable to discharge the planned amount of waste plastic
due to changes in the status of the recycling process.

FY2016 to FY2030 Mid-Term Environmental Targets4 Progress in FY2017
Reduction
rate ofCO2
emissions
per basic
unit ofsales

FY2017

16.55％
reduction

Average annual reduction of 1.3%

2016(benchmark year)2030(mid-term target year)（versus FY2016 basic unit of sales；cumulative annual average）

CO₂ reduction target

1.3 reduction（approx.）Results

3% increase

Status×

Environmental Targets Achieved in FY2017
Environmental targets

FY2017 targets

FY2017 results

Waste plastics volume 3% reduction
28.7% increase
Head Officevs. 2016（basic unit of sales）（Mold & Tooling
5Technology Center） Material recycling rate for waste
32.3％
plastics 50%
Material recycling rate for waste plastics
Reduce industrial
Hirosaki Plant：44.3%
Hirosaki Plant：50%
waste
3 Aomori plants
Namioka Plant：25%
Namioka Plant：25.4%
Owani Plant：6%
Owani Plant：6.1%
Tamron Optical Industrial Waste Reduced by 2% com12.7％ decrease（Foshan）
pared to 2016（basic unit of sales）
・Promoted environmentally-friendly ・Promoted environmentally-friendly designs Lightweight：
Promote
0.7%increase, Compact：1.3% decrease（compared to convendesigns
Environmentally-friendly All sites
・Incidents of environmental noncon- tional models；calculated based on 2017 production volume）
designformity：0
・Incidents of environmental non-conformity：0

Environmental Targets for FY2018
FY2018 targets

Environmental targets
CO2 reduction target

All sites

Reduce CO2 emissions by approximately 2.55% comparedto FY2016（basic unit of sales；cumulative annual average）

Head Office（Mold &Waste plastics volume 3% reduction vs. FY2017（basicTooling Technology Center） unit of sales）
Reduce industrialwaste

3 Aomori Plants
Tamron Optical（Foshan）

Promote environmentally-friendly products
3. Basic unit per sales：

All sites

Total CO₂ emissions（ｔ-CO₂）

Material recycling rate for waste plastics Hirosaki Plant：45%
Namioka Plant：20%
Owani Plant：3%
Industrial Waste Reduce by 2% compared to FY2017（basic unit of sales）
Material recycling rate for waste plastics 10％
・Promote environmentally-friendly designs
・Incidents of environmental non-conformity：0

Status
×
×
×
○
○
○
△

1. A multilateral international agreement to curb
climate change adopted on December 12,2015 in Paris, where the 2015 United Nationals
Climate Change Conference（COP21）was held,
and went into effect on November 4, 2016. The
agreement set forth overall targets such as limiting the average rise in global temperatures tounder 2°C compared with pre-industrial levels.
2. T h e J a p a n E l e c t r o n i c s a n d I n f o r m a t i o n
Technology Industries Association（JEITA）isan industrial group representing companies in
the fields of IT and electronics that seeks tocontribute to the comprehensive developmentof the electronics and information technology
industry as well as facilitate the development of
the Japanese economy and cultural prosperity
by promoting the sound production, tradeand consumption of electronic equipment andcomponents.

Consolidated sales（million yen）
4. The greenhouse gas coefficient from the Greenhouse Effect Gas Measuring & Reporting Manual Version 4.3.1 is used for managing medium-term targets with a benchmark year of FY2016.
5. T he material cycle refers to the process of collecting waste from used products and production processes, treating the waste and using the result as a raw material for products. Tamron
reuses a form of waste plastic known as runner materials, and is also seeking to improve its material recycling rather than thermal recycling（heat recovery）, so that recycled materials can bereused outside of Tamron. The material recycling ratio of waste plastics indicates the percentage for which material recycling was carried out compared to the total amount of waste plastics.

Tamron CSR Report 201816

Reducing Environmental Impacts

Tamron strives to reduce CO2 emissions, electricity consumption, waste and water consumption
at the company’s plants using its integrated management system.

Breakdown of CO2 emissions

CO2 accounts for most of the greenhouse gases released by
Tamron. As regards the sources of CO2 emissions（ excluding
distribution and logistics）, electricity usage accounts for 98.1%,
followed by heavy oil at 1.2%. Given this mix, our energy saving
activities focus on reducing electricity consumption.
Electricity

Heavy oil

Heavy oil

Natural gas and others

Natural gas
and others

Electricity

1.2%

0.7%

98.1%

Trends in CO2 Emissions
Since FY2011, the CO2 emissions（excluding emissions duringtransportation）
from Tamron’s head office, the three plants in
Aomori Prefecture, Tamron Optical（Foshan）
in China and Tamron
Optical（Vietnam）
has been on the rise. In FY2017, overall CO2
emissions rose 4.0% compared to FY2016 levels. Viewed bygeographic location, our sites in Japan saw a 2.6% decrease,
while Tamron Optical（Foshan）saw a 2.5% increase and Tamron
Optical（Vietnam）saw a 21.2% increase. The rise from Tamron
Optical（Vietnam）is primarily due to a higher rate of in-houseproduction from capital investment, and the heightened
requirement for precise air conditioning for humidity control
in lens machining rooms as a result. The basic unit of sales
for overall CO2 emissions increased by 3.0% compared with
the FY2016 level. In FY2018, we will consider comprehensive
energy saving measures to reduce emissions by 16.55% by theyear 2030 by adding Tamron Optical（Vietnam）to the integrated
management system.

Head office

Hirosaki

40,00035,00039,74420,00015,00010,000
5,000
0

Owani

5,848

Tamron Optical (Foshan)

45,814

7,084

Tamron Optical (Vietnam)

42,432
6,224

2,504

0.708

30,00025,000

Namioka

44,28145,000（t-CO₂)

0.581

27,5450.601

28,22944,114

Basic
unit1

t-CO2/
net sales
7,542 (Millionsof yen)

0.729

0.70
0.60

0.637

0.50
27,82625,63026,2720.40
0.30

369 0.20

671

640

636

483

5,149

5,384

5,965

6,043

5,971

1,200

1,238

1,028

919

1,143
2,732

2013

2,980

2014

3,065

2015

3,024

2016

0.10

3,041

2017 FY

1. T he greenhouse gas coefficient from the Greenhouse Effect Gas Measuring &Reporting Manual Version 4.3.1 is used for managing medium-term targets with abenchmark year of FY2016. For consistency purposes, this same coefficient has beenused for this report to re-calculate basic unit of CO2 emissions from FY2010 onward.

17

Tamron CSR Report 2018

Measures to Reduce CO2 Emissions

In FY2017, Tamron implemented activities through the CO2Emissions Reduc tion Commit tee, and used streamlined
electric power management sensors to identify excess powerusage. When excess power was discovered, the committee
examined whether reductions could be made. When possible,
reduction measures including operational improvements were
implemented and the effects verified. A solar power generating
system was installed at Tamron Optical（Foshan）in China inAugust 2017. Cumulative power generation has now reached
128,000 kWh, which is equivalent to reducing CO2 emissions
by 70 tons. Tamron Optical（Foshan）has also replaced 4,167
lights with LED lighting and switched to energy efficient typesof motors. At Tamron Optical（Vietnam）, efforts are being
made to reduce standby power consumption. For instance,on plant closure days, the power supply to equipment such ascompressors, cooling towers and process cooling water supply
systems is cut, provided it does not run the risk of causing
malfunction. In addition, the third Friday of every month has
been designated as No My Car Day, and certain days in thesummer and winter are designated as Eco Life Days
（an initiative
launched by Saitama Prefectural Government）, as part of thecompany’s efforts to raise environmental awareness among allof the executive officers and employees at the head office. CO2
emissions were reduced by 13.1t-CO2 through these efforts in2017.
Tamron will continue to work on further CO2 reductions
by sharing information and taking a long-term approach inconsidering the introduction of energy-saving equipment.
The measures taken to reduce CO2 emissions in FY2017 areoutlined below.

A solar power generating system（Tamron Optical（Foshan）
in China）

Main CO2 Emissions Reduction Measures Implemented in FY2017
Site

MeasureImproving compressor operation
Head
Office（Mold & Tooling Technology Center）
Namioka Improving operation of continuous
Plant
evaporation machine
Switching air conditioning units toOwanienergy-saving types（9 units）
Plant
Intro du c tio n of a sol ar p ower
generating system
TamronOpticalSwitching over to LED lights（Foshan） （4,167 lights）（in China） Switching to energy efficient motor types（38 units）
Tamron Optical（Vietnam）

Reducing standby power consumption

Reduction(t-CO2）

1
17
57
70
250
50
―

ISO26000-6.5 The Environment

Waste Reduction Initiatives

Trends in Water Consumption

The total amount of waste generated in FY2017 by the
Tamron Group as a whole, increased by 5.9% comparedwith FY2016. This is mainly due to the increased rate of inhouse manufacturing, higher molding volume and the increasein disposal of cardboard and waste plastic at Tamron ptical（Vietnam）.

The total water consumption of the Tamron Group as a whole in
FY2017 decreased by 1.8% compared with FY2016. In May 2017,
reclaimed water recycling facilities were installed at Tamron
Optical（Foshan）in China. We have since managed to recycle
2,957 tons of production wastewater. Tamron Optical（Vietnam）
made improvements to the cooling water systems of its molding
machines to reduce water usage and wastewater production. As
a result, water usage and wastewater generation were reducedby 12%. The increased usage at the Namioka Plant was due toa higher number of operating days compared with the previous
year, and longer operating times for equipment.

Head office

Hirosaki

Namioka

Owani

（ t）

2,200
2,000

1,516

1,400
1,200
1,000

99.9

Tamron Optical (Vietnam)

Recycling ratio of industrial waste (Japan)

98.6
99.9

1,800
1,600

Tamron Optical (Foshan)

2,080

161

98.6

98.2

（%）

1,933

2,048

95

203

100

287

90

1,569

85

98

80

1,045

999

1,417

1,283

75

1,301

70

800

65

600

57
202

400
200
0

123
89

2013

49
247
90
86

2014

61

401

30

263

226

278

93
85

99
82

68
84

2015

2016

2017

FY

Head oﬃce

900
800

831

NamiokaOwani

Tamron Optical (Foshan)

600
500

55

400

50

300

849
769

39

700

60

1. Waste volume for the Owani Plant reported in FY2016 was corrected from“4lt”
to“40t.”Accordingly, Group-wide waste volume was corrected from“1,934t”

HirosakiTamron Optical (Vietnam)(1,000㎥)

789

66

78
13.2

12.1

775

16

78

14
12

12.9

11.8

10

10.4
650

533

566

471

455

0.5

4.1

0.3

8
6

200

0.5

0.6

100

162

179

199

220

226

7 11

7 10

8 9.9

7 8.9

7 8.7

0

to“1,933t.”

Basic unit
Thousand㎥ / sales(billion yen)

2013

2014

2015

2016

4
2

2017 FY（FY2016）
Ascertaining CO2 Emissions in the Supply Chain
Tamron calculates its CO2 emissions based on direct emissions（Scope 1）and energy-derived indirect emissions（Scope 2）. In
2017, we received support from the Ministry of the Environment
in calculating supply chain emissions and also calculated indirectemissions（Scope 3）for FY2016. As a result, we verified that among

Scope 3 emissions, Category 1 emissions（emissions generated
from the extraction and production of all products and services
that have been purchased or acquired）accounted for a large
proportion of the total. Moving forward, we will work to improve
the accuracy of our calculations and further reduce CO2 emissions.

CO2 Emissions for FY2016 by Scope and Category *Scope

CO2 Emissions(t-CO2）

Scope 1

Scope 1：Direct greenhouse gas emissions from the use of fuel, etc.

1,395

Scope 2

Scope 2：Indirect greenhouse gas emissions generated due to the use of purchased electricity or heat

41,541

Scope 3

2

Indirectgreenhousegas emissions
related tobusiness
activities inthe supply
chain（except
for Scope 1
and Scope 2
emissions）

Category 1

Emissions generated from the extraction and production of all products and services that have been purchased or acquired

112,203

Category 2

Emissions generated from the manufacturing or transportation of purchased or acquired capital goods

50,939Category 3

Upstream emissions from purchased fuel and upstream emissions from the electricity and heat manufacturing process

2,365

Category 4

Emissions associated with distribution of purchased products and services from a supplier to the company

13,720Category 5

Emissions from the external disposal and treatment of waste generated from business activities

Category 6

Emissions from the use of transportation by employees for business purposes, such as employee business travel

Category 7

Emissions from the use of transportation by employees to commute for and from plants and offices

3,644
328
8,393

Category 8

Emissions associated with the operation of leased warehouses, etc.

Category 11

Emissions due to the use of sold products and services by consumers

1,274

Category 12

Emissions due to the disposal and treatment of sold products, their containers and packaging when they have been used

4,409

Scope 3 Total

197,32550* Scope of Calculation：Head Office, Hirosaki Plant, Namioka Plant, Owani Plant, Tamron Optical（Foshan）, Tamron Optical（Vietnam）（including CO2 emissions of 504t-CO2
during transportation）* M ethod of Calculation：“Emission factor database for corporate GHG emissions accounting over the supply chain Ver. 2.4”and“Carbon Footprint Communication Program
Basic Database Ver. 1.01”
2. Please visit the Tamron website for more details such as information on the categories excluded
from the calculation of Scope 3 emissions.
WEB http://www.tamron.com/csr/environmental_activities.html

Tamron CSR Report 201818

Relationship with Society
Tamron supports activities that contribute to the development of photographic and imaging culture, while striving
to be a company that fosters future generations, takes part in local communities and is beloved by society.

Contributions to Photographic Culture
The 10th Railroad Scenery Photo Contest
Tamron sponsors the Railway Scenery Photo Contest inorder to promote train culture and local revitalization in
Omiya, known as an important railroad town in Japanand also site of our head office. As part of this contest, aphoto exhibition is held at the Omiya Sogo Department
Store showcasing the winning entries. This local event ismade possible with the much-appreciated support of theCity of Saitama, the Saitama Chamber of Commerce andIndustry and the Saitama City Board of Education. In 2017,a railroad photography talk show presented by contest
judges was held at the Railway Museum to celebrate the10th iteration of the contest. A total of 5,809 submissions
were received for the general and student divisions
combined.
General Division Grand Prize（Saitama City Mayor’s Prize）

Mr. Sakae Takehana “The Passage of Time”“I was moved by the unseen passage of time hidden in the Quadrantids meteor shower, thediurnal motion of the stars, the flowing river and a rushing homeward-bound commuter train.”Student Division Grand Prize（Saitama City Board of Education Superintendent’s Award）

Mr. Yusei Oka “Cherry Blossoms of Katsunuma”

Humorous Photo Contest Award（Saitama City Chamber of Commerce and Industry President’s Award）

Ms. Honoka Kuzuya “Mouth Tunnel”“A station enveloped in cherry blossoms. It was as if a station on an abandoned “My younger sister loves trains and is always watching them from the sideline had been restored.”of the river. I took this photo when we visited together. When I showed it
to her, she was delighted.”

14th Macro Lens Photo Contest
This photo contest accepts entries shot from any macro lens,
regardless of manufacturer. For the 14th contest a total of 3,854
entries were received. The contest has two categories：the Nature
Division for nature enthusiasts that enjoy taking pictures of plants
and insects and the Genre-Free Division for amateur photographers
using DSLR cameras to take pictures of food, their children or
pets. Many of the entries featured beautiful, warm natural scenes
captured delicately in only ways a macro lens can.

14th Macro Lens Photo Contest Grand Prize

19

Tamron CSR Report 2018

Ms. Mami Fujimoto “Oh! Summer vacation”

ISO26000 - 6.8 Community Involvement and Development

Growing Together with Local Communities
Supporting Adaptive Athletes

Supporting Nature Restoration

Tamron has provided support to adaptive athletes to spreadrecognition of adaptive sports through the power of sports
photography. 2017 marked a year of activities as each of thethree athletes we support narrowed down the specific goals
in the lead-up to Tokyo Paralympics to be held in 2020. The
environment surrounding the athletes has also undergone
significant change, with the London 2017 World Para Athletics
Championships broadcast live on television. Tamron will support
various athletes providing hope and inspiration around the world
through sports together with the power of photography.

Tamron’s Omiya head office continues to support the nature
restoration project carried out by the Ecosystem Conservation
Society-Saitama together with local citizen groups at the Shibakawa
Daiichi Flood Control Reservoir and surrounding areas. Many
years ago the Minuma Tambo area of the reservoir area was anabundant wetland withwhite herons. Today thereservoir continues tosee a number of wildfowl
such as swans and evenshort-toed eagles visit
Shibakawa Daiichi Flood Control Reservoir
the area to feed.

WEB http://www.tamron.co.jp/special/athlete/

Supporting the Cookie Project
Tamron provided advertising
suppor t and donations to
Cookie Bazaar 2017 held in
Saitama City in March 2017 andorganized by the Cookie Project.
This organization works to help
the disabled live independently
in the community.

Mr. Hokinoue

Cookie bazaar 2017

Developing Future Generations
Cooperating with Photography Workshops

Ms. Takakuwa

Ms. Tsuchida

Contributions to the Local Community Made by theThree Tamron Plants in Aomori Prefecture

The Hirosaki Plant, one of the three Tamron plants in Aomori Prefectures,has reached its 50th anniversary of operation. In recognition of its
contributions to industrial development and job creation, the plant received
a certificate of appreciation from the Governor of Aomori Prefecture.
Each of the three plants are active in their local communities, running bottle
top and pull-tab collection activities with the proceeds going to charity,and sponsoring local festivals such as paper lanterns at the Hirosaki Cherry
Blossom Festival and the Owani
Hot Springs Summer Festival. Each
Tamron plant also takes part inneighborhood clean-up activities.
Going forward, the three plants
will continue to make a concerted
effort to contribute to their local
communities.
Ta m ro n re ce i v i n g a ce r t i f i c a te o fappreciation from Aomori Prefecture

Tamron provides assistance for photography workshops and photo shootsthat help to foster the next-generation of photographers. At a workshop
titled“How to Take Photos While Paying Attention to Lens Choice”heldby the photography club of the Tokiwamatsu Gakuen junior and seniorhigh school, Tamron provided simple lectures covering basic knowledge
and the selection ofinterchangeable lenses, andalso loaned out lenses. This
was a valuable opportunity
for students to touch anduse a range of lenses theywouldn’t normally have theopportunity to shoot with,such as l arge ap er turelenses.
Loaning out lenses for students to try

Science Classes for Children
Tamron has organized scienceclasses for children at local publichalls and elementary schools in
Saitama City to spur interest in
the sciences. In FY2017, we helda total of 10 classes, with a totalof 220 people participating. In
January, we also held classes
in the town of Owani in Aomori
Prefecture, where the Owani
Plant is located.

"Milk carton camera"（Owani）

Tamron CSR Report 201820

ISO26000 - 6.8 Community Involvement and Development

Activities at Tamron’s Overseas Subsidiaries

Tamron’s subsidiaries outside Japan continue to strengthen their relationship with local communities.

Tamron Europe GmbH
Seven years have passed since, as part of the expansion of the company’spremises, Tamron Europe installed photovoltaic（PV）panels on its roof
to generate its own power and reduce CO2 emissions. In FY2017, due tounfavorable weather conditions, the amount of power generated by thesePV panels decreased by 10% to 56,000 kWh from the previous year,
equivalent to a reduction in CO2 emissions of 30t-CO2. To date, the system
has produced a total of 433,000 kWh of electric power and reduced CO2
emissions by approximately 300 tons. From the summer of 2017, Tamron
also began replacing the light bulbs in all company buildings with their
LED equivalents. About 95% of the bulbs have now been replaced.
As part of its CSR activities begun in 2009, Tamron Europe also continues
to provide donations of 7,500 Euros to an organization in Cologne（Koln）
that provides support for children with cancer. The group has undertaken
wide-ranging activities such as newly establishing and renovating hospitalwings within university hospitals, constructing and operating lodgings
where family members accompanying patients undergoing treatment canstay, providing financial assistance for families of patients, and promoting
research into new treatments. Moving forward, Tamron will continue tosupport the cause as much as possible.

Rooftop PV panels as Tamron Europe GmbH

Tamron Optical Shanghai
In an expansive development, Tamron Optical Shanghai retired thescholarship project it has continued since 2014 and held a photo
contest dubbed“Youth Attitudes”as a new endeavor from 2017.
Over a six-month period, a total of more than 2,000 submissions
were received from university students attending five institutions in
Sichuan Province, and many of the photos were exhibited in a gallery.
In December, a grand presentation ceremony was held at Sichuan
University of Media and Communications, one of the two major media
universities in China. Six entrants won awards and were presented
with Tamron lenses. After the award ceremony, a photography lecture
was held for the university students in attendance, where they wereable to enjoy hands-on experience with Tamron’s lenses.
Tamron Optical Shanghai also provided stuffed toys to“JingdongCharity Fund” organization. In addition, Tamron donated two
cardboard boxes worth of clothing（ around 80 items of clothing）
to, Feimayi（“Flying Ants”）, another charity. The donated clothing is
distributed through the charity organization to disaster affected areas
and districts suffering from poverty.

Award ceremony for the“Youth Attitudes”photo contest（Sichuan University ofMedia and Communications）

Photographs being exhibited

Tamron USA
Tamron USA took part in “Backpack Pirates Festival,” anevent to provide stationery supplies to children growing up ineconomically disadvantaged environments. Three Tamron USA
employees photographed the event as volunteers. In addition,
more than $850 in donations was raised from employees andtheir families to help those affected by Hurricane Harvey, which
struck the state of Texas in August 2017. In 2017, Tamron again
took part in a Food Drive and Coat Drive project to support thehomeless with food and clothing, the Dress a Girl for her Prom
project, which donates dresses and accessories so that more
female students can attend their schools’proms, traditionallyheld around the time of high school graduation, as well as the
Toys for Tots project that delivers toys and other Christmas
presents to children in need.

21

Tamron CSR Report 2018

Tamron USA will continue to actively pursue these kinds of CSR
activities in the future.

BACKPACK PIRATES FESTIVAL
WEB

TOYS FOR TOTS

Food drives http://www.licares.org/
Dress a Girl for her Prom http://www.jlli.org/
Toys for Tots http://www.toysfortots.org/

ISO26000 - 7.5 Communication on Social Responsibility

Independent Third-Party Opinion［Current Title］

Full-time Lecturer, Faculty of Economics and Business,
Saitama Gakuen University（current position since 2015）
Part-time Lecturer, Yokohama City University / Kawaguchi
Junior College［Career History］

Mr. Kimio Shibata

MBA / Small and Medium Enterprise Management Consultant（both acquired in 2008）
Doctor of Economics（2004, Completed the Doctor's Programof the Graduate School of Economic Science, majoring
Economic Science, Saitama University）
After working as an editor for a publishing firm, from 2008
to 2015 Shibata was responsible for CSR support as amanagement advisor（ handling Yokohama’s program tocertify companies contributing to the local region）at IDEC
Yokohama（ Yokohama City Small and Medium Enterprise
Support Center）.

［Areas of Specialization］

Research into regional CSR and CSV, strategic marketing, andinternal marketing（to penetrate management philosophies）［External Activities］

Judge in the OICHI Business Awards run by the NPO OICHI（Cooperative Labor Association）since 2012

［Works Authored］

Penetration of Management Philosophy in Practice（Soseisha,2017）
CSR evaluation system by local governments：About the
subject of regionality evaluation and operation in theauthorization system of Yokohama type area contribution
company（ Journal of the Japan Association of Regional
Development and Vitalization, Vol. 4, Pages 237-246, 2013）
69th Zen-Noh-Ren Conference Outstanding Research Paper（FY2017）– A Study on Efforts of Managements to Promote
Management Philosophy：the Case of Enterprises Engaged in
Regional CSR as Examples

CSR Activities that Start with Reexamining the Obvious
A decade has now passed since Tamron started to practice CSR
management, and along with the company’s global expansion to
overseas sites, its initiatives have proceeded to the next stage.
However, as the business expands, Tamron’s“local”stakeholders
become increasingly ambiguous and difficult to identify. There isno clear definition as to the extent of the local community. For thatreason, the true extent will differ depending on the subjective viewsof the person making use of the term, and the interpretation will also
differ depending on the listener. In other words, the more Tamron’sbusiness expands, the vaguer the delineation of what “local”
means. Generally speaking, when a company expands globally, it
devotes greater attention to overseas endeavors. Consequently,
the relationship between the head office and the local community
tends to become less apparent. Tamron, however, involves local
communities with photo contests that make use of its core businessof lenses as a form of social contribution activities. This is impressive,
as such activities suggest a strong awareness of CSV1. Having said
that, social contribution activities that strengthen coordination withstakeholders are required by the SDGs that were newly added as CSR
themes, making them all the more important. Accordingly, it will bevital for Tamron to have each employee recognize, understand andact upon this emphasis on the relationships they maintain with local
communities, even beyond the ties established between Tamron andlocal communities to date.
The SDGs are a set of unified international goals made up of 17 goals
and 169 targets, and many of the CSR activities already been pursued

by Tamron likely correspond to each of these targets. However,unless each employee understands that the CSR activities and SDGs
are connected, even if Tamron draws outside attention to its CSR
management that also addresses SDGs, the sentiment will not readilytranslate into practice in the field. That’s because it is the employees
who put management philosophies and strategies into practice.
In interviews, I get a strong impression that domestic employees
understand the management philosophy embraced by Tamron, butnow, with the increased number of overseas sites along with thecompany’s expansion, further innovation in employee training will beneeded to ensure the management philosophy is understood andput into practice to the same extent abroad as at home.
For this reason, Tamron will need to develop a renewed awarenessof something which should be obvious：people don’t think or feel thesame, because the environments and cultures in which they grew up
differ. For example, in Japan water is often thought of as somethingeasily obtainable, but that is not always the case elsewhere. This idea
is also a part of the SDGs, since“ensure availability and sustainable
management of water and sanitation for all”is one of its goals. Water
is essential in the production of lenses, which represent Tamron’score business, and a renewed acknowledgement of water may be
the most important factor in Tamron’s further globalization. I expect
to see Tamron reexamine what is already under foot as it achieves
business growth from a more global perspective.
1. C SV stands for Creating Shared Value. This is an approach where a company seeks
to contribute to society by striking a balance between profits and solutions to social
issues through its core business activities.（CSV was first advocated by Michael E.
Porter）

Editorial Team’s Postscript
This report contains non-financial information on Tamron’s annual
activities as a way to facilitate engagement with our many stakeholders.
The special feature section of the FY2018 report focuses on key CSR
issues and the SDGs in Tamron’s future CSR management.
We will accept the views expressed in the independent third-party
opinion in all seriousness, strive to enhance areas such as education on
the management philosophy including at overseas sites, and work topromote global CSR management. We encourage readers to share theirfrank comments and requests.

Head office

Tamron Optical（Foshan）

The three Aomori plants

Tamron Optical（Vietnam）

Tamron CSR Report 201822

We are pleased to announce that our CSR report for 2017
was recognized with an award of excellence at the 21stEnvironmental Communication Awards sponsored by the
Ministry of the Environment and the Global Environmental
Forum, marking the four consecutive year that Tamron has
won this award.

Tamron Co., Ltd. Corporate Business Planning & Administration Board
1385 Hasunuma, Minuma-ku, Saitama-city, Saitama 337-8556 Japan
Tel. +81-48-684-9114 Fax. +81-48-683-8282
E-mail：e-report@tamron.co.jp Website：http://www.tamron.com/
Published March 2018