Digest EditionCSRReport
2013
Aiming to live together
in harmony withthe people, society
and the EarthCSR of SAWAFUJI
President’s Message

Since its establishment in 1934, Sawafuji Electric Co., Ltd. has steadily
developed its electric equipment, generator, refrigerator and services
for customers in more than 100 countries overseas, as well as Japan.
We will continue in the future to fulﬁll our social responsibility from a
global perspective based on our business philosophy, and strive tobecome a trusted company.
The world economy has slowed down and still has uncertain elements.
The Sawafuji Electric Group, however, will continue to grow andoffer excellent products and services that satisfy our customers

Basic Philosophy
Company Policy (established in July 1960)● Let’s proceed with research, practice skills and make rapid progress
brightly.
● Let’s keep responsibility toward and faith with customers andcontribute to the society.
● Let’s establish bright workplace based on labor-management
cooperation and mutual trust.

Sawafuji Electric Co., Ltd.
President Hideki Ueda
through advancement of technologies, restructuring of the Nitta
Plant, reinforcement of the sales system and education of the humanresource.
We will also continue to renovate our business structure, improve theproﬁt structure, develop our businesses globally, create new values in
the world and contribute to the society and our customers.
We would appreciate your frank opinions on this report about Sawafuji’sefforts for CSR.

Management Creed (established in October 1990 revised in April 2001)

SAWAFUJI ELECTRIC CO., LTD. produces good products, performssocial responsibility as a corporation and provides prosperity to all
people concerned.
* Make an impression on customers.
* Bring purity to nature.
* Bring prosperity to people engaged in the company work.

CSR Efforts

Under its basic philosophy, Sawafuji will endeavor to continuously
raise corporate value by fulﬁlling corporate social responsibility incooperation with many stakeholders.
We believe our relationship with our suppliers is important, so wehave asked our suppliers to work with us to fulﬁll our corporate social
responsibilities.

Customers
Shareholders
and investors

Suppliers

CSR

1) Creation of useful products and services2) Coexistence with the global environment3) Contribution to society; ensuring
conﬁdence in the Company
4) Realization of an excellent working
environment

Publicinstitutions

TopicsStarted overseas production in a new company in Thailand

We established Sawafuji Electric (Thailand) Co., Ltd. as the base for
production and sales in Thailand in January 2012.
The new SET completed installations of facilities on December 20,
2012 and held a startup ceremony.
SET held the ﬁrst shipment ceremony on March 1, 2013 and began
shipment of products to the world.

Earnings Results for FY 2012
While economy has gradually recovered in the USA, the economic
environment of our Group in FY 2012 has been severe due to thecontinued affects on the debts and ﬁnancial crises in Europe anddeceleration of growth in economy in China and other Asian countries.
In this climate, we strived to improve earnings in all our operations,improve business efﬁciency and productivity, and reduce costs.

Relations with Customers

Sawafuji strives to provide products and services those meet customers’
needs, with the highest priority given to customer satisfaction and trust.

Development of products

To be highly evaluated by customers around the world, the Development
Division tackles development issues, striving to establish its position
as No.1 of the industry in the ﬁelds of electric equipment for trucks
and buses, engine generators and vehicle-mounted refrigerators, andcontribute to the development of these ﬁelds.

Localcommunities

Distributors
and Dealers

Employees

Dialogue with stakeholders

President Ueda delivered a lecture at autumn training session
sponsored by Sawafuji Electric. The directors in charge of the generalaffairs attend periodical information exchange meetings with the local
community residents and friendship meetings with neighboring welfare
workshops. These are a few examples of our CSR management
which focuses on communication with our stakeholders.

Consolidated earnings results for FY 2012 (117th term) were asfollows.
- Net sales: 29,179 million yen- Ordinary income: 684 million yen

Monozukuri

Sawafuji strives every day to achieve craftsmanship capable of moving
our customers emotionally.

Quality control system and Service network

Sawafuji continues to improve ourselves by creating a quality control
system that conforms to the ISO 9001 management system. We
have also created a service network enabling a prompt response todifﬁculties.

Relations with Global and Local Communities
Sawafuji contributes to the community and international society byconducting itself as an engaged member of the community with due
consideration for environmental concerns.
Major efforts made during FY 2012 are as follows:

Refer to the last page of this booklet- Working with the Japanese Red Cross Society in their blood
donation drives- Exchange events with welfare workshops and donation ofequipment- Volunteer for cleanup activities and trafﬁc safety near our factory- Offering vaccines to the children of the world- Participating in local events

Relations with Shareholders and Investors
To ensure fairness and transparency, Sawafuji discloses appropriate
information in a timely manner to shareholders and other stakeholders.

IR information

Sawafuji believes that it is important manner for the shareholders andinvestors to better understand Sawafuji.

As a part of our investor relations (IR) activities, we issue a biannual
Shareholders Newsletter in addition to materials released at the timeof business results announcements.
The newsletter, which contains topics on our environmental activities
and new products, is intended to help shareholders and investors
broadly understand our activities.

Relations with Distributors and Dealers
Sawafuji which has established systems to sell commercial partsand components, collect market information and provide services byusing the networks of its distributors and dealers to fulﬁll its social
responsibilities in every business situation.
In FY 2012, the Company held meetings at its 10 bases nationwide,
explaining our policies and strengthening communication with ourdistributors.

We also held technical lectures
to enhance services at these
distributors and dealers.

Technical lectures to enhance services

Relations with Suppliers

Sawafuji pursue fairness in the transaction process and procure
optimal articles. To this end, we establish trusting relationships with oursuppliers under the basic philosophy of “mutual trust and prosperity,”
and aim for mutual development and growth.
We are actively communicating with our suppliers by holding
procurement policy brieﬁngs, general meetings of cooperating
associations of Sawafuji, and joint training sessions on a regular basis,
and information exchange meetings on a monthly basis.

We also actively cooperate with
our suppliers in areas such as
quality improvement and costreduction.

Associations of Sawafuji
Fall training session

Relations with Employees

Sawafuji values the self-reliance and creativity of each of its employees.
We have established the following systems and measures to ensure
the safety of the workplace , health of employees and to provide a richworkspace environment.

Diversity of employment efforts

Employment

Safety and sanitation management and health care

We are committed to personnel training based on our policy ofemployment stability.

Human rights

We maintain a corporate environment conducive to eliciting the desire towork through our response for human rights and a fair personnel system.

Environmental Report

In 1997, Sawafuji obtained the ISO 14001 Environmental Management
System certiﬁcate. Since then, it has done its utmost to achieveenvironmental activity goals, which are set every FY, in line with theEnvironmental Policy.
Major efforts include reducing CO2 in production activities, providing
miniaturized and lightweight products that are energy efﬁcient,managing and reducing substances that damage the environment,

To support employees’ diverse working style, we have developed,
employing disabled people, offering child-care leave and volunteer
leave system.
We give preference to safety in all matters, and our objective is tocreate a workplace where our employees can perform their duties insafety and with enjoyment.
We make every effort to give consideration to our employees’ health,because we believe the health of each employee is paramount.

decreasing waste, saving resources
and saving water.
We have compiled the results ofour environmental work in a reportthat is presented as part of ourCSR report.
Solar power panels are installed on the roof ofour factoryWe contribute to local industries and communities, and provide products that satisfy the world.
Contribution to local industries and communities
Sawafuji was honored by Ota City andIsesaki City, Gunma Prefecture, where
it is in the neighborhood, as a company
contributing to industrial development.

Sawafuji works to strengthen our ties with the local community.
Our efforts include get-togethers with the people from sheltered workshops, invitingneighborhood schools for plant tour, cleaning the area near our factory, volunteer
activity and participating in local events.

Ota City’s certiﬁcate recognizing Sawafuji as acompany contributing to industrial development

Plant tour for people from sheltered workshops

Gunma Interactive Festival

Isesaki City’s certiﬁcate recognizing Sawafuji as
a company contributing to industrial development

Cleanup activity near our factory

Volunteer for trafﬁc safety

Provision of products that satisfy the world
Sawafuji’s products are helpful to people around the world.

Generator

Automotive electrical equipment

RefrigeratorStarter

Generator actively involved in a rally in Mongol

Refrigerator for leisure

Generator being used for cleaning work

Refrigerator for leisure

Alternator

Computer for onboard use

WEBSITE

http://www.sawafuji.co.jp/kankyo/kankyo_index.php

All contents of the Social Report, Environmental Report, andother materials are posted on Sawafuji’s website (JAPANESE).

SearchInquiries:

3 Nittahayakawa-cho, Ota-shi, Gunma 370-0344, Japan

Internal Control Department
Environment Safety Department

TEL. +81-276−56−7338
TEL. +81-276−56−7334

FAX. +81-276−56−6413
FAX. +81-276−56−7394