We contribute to local industries and communities, and provide products that satisfy the world.
Special Feature: What Sawafuji Can Do for Disaster Relief
Under our concept of “What Sawafuji can do,” as part of our social contribution activities
we have built disaster volunteer vehicles to help respond to the increasing number ofnatural disasters in recent years.
Sawafuji’s products include generators and refrigerators that can be used in the eventof a disaster, and the basis of our activities is to be able to provide them “quickly andeasily” according to the needs of the affected areas.
Going forward, should a disaster strike, Sawafuji’s head office will be used as a homebase and disaster relief activities will be carried out using disaster volunteer vehicles asmobile support bases that can be immediately moved around the country.

Contribution to Local Industries and Communities
We were awarded the Industrial
Development Contributing Company
Award by the neighboring city of Isesaki.

Sawafuji works hard to deepen ties with the local community. Our efforts include
get-togethers with people in welfare facilities, environmental risk patrols around ourfactories, as well as volunteer activities and participation in local events.

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

Environmental risk patrols around ourfactories

Christmas visit to a welfare facility

Provision of Products That Satisfy the World
Sawafuji’s products are helpful to people around the world.

Automotive electrical equipment

Starter

24 V– 4 kW

Generator

Refrigerator

CSR
Report2021
Digest Edition

Alternator

24 V– 60 A

ELEMAX generator
SH3900

ENGEL refrigerator-freezer
MT45F

ELEMAX generator
SHX7000DiSPacificool refrigerator-freezer
Shine red × Metallic

Computer for
onboard use

HV Motor

Battery packWEBSITE

https://www.sawafuji.co.jp/en/csr/

On our company’s web site above, we have introduced in detail the contentsof our Social Compliance Report and our Environmental Report.
Thank you for reading them over along with this digest version.

SearchInquiries:

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

Environment Safety Department TEL. +81-276-56-7334

FAX. +81-276-58-2154

Aiming to live together in harmony
with the people, society and the EarthCSR of SAWAFUJI

President’s
Message

Since our beginning in 1934, SAWAFUJI ELECTRIC CO., LTD. has been devoted to our craftsmanship andin meeting the expectations of our world-wide customers in providing good products and services. True toour corporate philosophy, we foster communication among our stakeholders across the globe as we work toremain the kind of company that the public can trust.
As for the economic situation, economic activities both in Japan and overseas are expected to be restrained by
the impact of the COVID-19 pandemic, which will cause the severe situation to continue and further increase
uncertainty about the future. We will, however, flexibly respond to changes in the environment.
We would appreciate your frank opinions on this report about Sawafuji’s efforts for CSR.
Sawafuji Electric Co., Ltd. President & Executive Officer President

Basic
Philosophy

Management Creed

1. Let’s proceed with research, practice skills andmake rapid progress brightly.
2. Let’s keep responsibility toward and faith withcustomers and contribute to the society.
3. Let’s establish bright workplace based on labormanagement cooperation and mutual trust.

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

Sawafuji, living with electricity
Becoming a global Sawafuji
through innovative technology

SAWAFUJI
VISION

Direction to aim for

We aim to become an “Electricity-related”
solutions company utilizing the coretechnologies we have cultivated.

(Established in October 1990Electricity

Technology to store created
Storage “electricity”

Usage

Technology to create a more
comfortable living environment
using “electricity”

Revised in April 2001)

Medium-Term Management Policy

Based on the smiles of our employees, we will create a virtuous“Sawafuji Cycle” that will provide products that are truly attractive tocustomers in a timely manner, and which will in turn lead to profits.
Realization ofvirtuous“Sawafuji cycle”

Creating products thatare attractive tocustomers

Aiming to create attractive products thatlead to kotozukuri (creation of stories)
by identifying customer’s “to be” (what’sexpected)

Create strategies to sell

Create strategies that will sell from athorough analysis of winning and losing

Sales

Creating productsthat are attractive
to customers
Create strategies
to sellTechnology to convert any form ofCreation energy into “electricity”

CSR Efforts

Masao Inoue

Company Policy(Established in July 1960)

Reliability

Profitability

Implement measures
to improve ES while
training people

Concentratedevelopment of profit
reform activities byvisualizing profit
structure without asanctuary

Under its basic philosophy, Sawafuji will endeavor
to continuously raise corporate value by fulfilling
corporate social responsibility in cooperation withmany stakeholders.
We believe our relationship with our suppliers isimportant, and therefore ask for their understanding
and cooperation in fulfilling their own corporate socialresponsibilities.

Relations with
Shareholders
and Investors

Implement measures toimprove ES while training
peopleSuppliers

RelationswithSuppliers

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, the health ofemployees and to provide a rich workspace environment.
We are committed to personnel training based on our policy of employment stability.

Localcommunities

CSR(million yen)

1,500

40,00020,000

0

1,000

654
500

10,000
2016

2017

2018

2019

2020 (FY)

0

788
551
237

2016

2017

2018

2019

345
2020 (FY)

Sawafuji strives to provide products and services that meet customers’ needs, with the highest priority given
to customer expectations 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, and contribute to the development of these fields.

Monozukuri

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

Quality control system and Service network

We maintain a corporate environment conducive to eliciting the desire to work through our response forhuman rights and a fair personnel system.

Diversity of employment efforts

To support employees’ diverse working style, we have developed, re-employing retired people, employing
disabled people, offering child-care leave and volunteer leave system.
Under the concept that “Safety takes precedence over all business”, we are developing safety activities withthe aim of “An environment where people can work with peace of mind”.
We value each of our employees and make every effort to ensure that they stay healthy.

Changes in the ordinary profit

27,361 30,868 31,151 29,995 26,655
30,000

Human rights

Safety and sanitation management and health care

Earnings
Results for
FY 2020

History of sales turnoverRelations
withEmployees

Employees

Sawafuji Group strived to improveearnings in all our operations,improve business efficiency andproductivity, and reduce costs.
Consolidated earnings results for FY
2020 (125th term) were as follows.
- Amount of sales: 26,655 million yen- Ordinary income: 345 million yen(million yen)

Sawafuji believes that it is important manner for the shareholders and investors to better understand Sawafuji.
As a part of our investor relations (IR) activities, we issue Shareholders Newsletter in addition to materials
released at the time of 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.

Employment

Dialogue with
Stakeholders

50,000IR information

Sawafuji is committed to practicing fair business processes and procuring optimal products. To do so, webuild trusting relationships with our suppliers, endeavoring to develop and grow together, in line with our corephilosophy of “mutual trust and mutual prosperity”.
We are actively communicating with our suppliers by holding procurement policy briefings, general meetings ofcooperating 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 cost reduction.

Focus on human resource development
and implementation of measures tocreate a company where employees canwork with a smile on a permanent basis

1) Creation of useful products and services2) Coexistence with the global environment3) Contribution to society;
Distributors
ensuring confidence in the Companyand Dealers4) Realization of an excellent working
environment

Publicinstitutions

To ensure fairness and transparency, Sawafuji discloses appropriate information in a timely manner toshareholders and other stakeholders.

Relations withDistributors
and Dealers

Customers
Shareholders andInvestors- Working with the Japanese Red Cross Society
in their blood donation drives- Get-togethers with people in welfare facilities.
- Volunteer for cleanup activities and traffic
safety near our factory- Offering vaccines to the children of the world- Participating in local events

Sawafuji which has established systems to sell commercial parts and components, collect market informationand provide services by using the networks of its distributors, and dealers to fulfill its social responsibilities inevery business situation.
In FY 2020, the Company held online meetings as a measure to prevent infections, and explained our policies
and strengthened communication with our distributors.
We also held online lecture meetings to enhance services at these distributors and dealers.

Concentrate development of profit Visualize the profit structure and createa system in which we can offer optimalreform activities by visualizingprofit structure without a sanctuary global prices

Sawafuji conducts lectures at autumn seminar with affiliates, periodical information exchange meetings withthe local residents, friendship meetings with people in nearby welfare facilities and promotes other CSR
management efforts with the focus on talks with the stakeholders.

Relations
withCustomers

Relationswith Globaland Local
Communities

Sawafuji contributes to the community and internationalsociety by conducting itself as an engaged member ofthe community with due consideration for environmental
concerns.
Major efforts made during FY 2020 are as follows.
More information can be found on the last page of thisreport.

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 prompt response to difficulties.

Environmental
ReportIn 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, managingand reducing substances thatdamage the environment, and wealso are providing miniaturized andlightweight products that are energyefficient, have low emission and thatconserve on resources and water.
We have compiled the resultsof our environmental work in
an environmental report, whichis included in the CSR Reportpublished on our corporate website.
* Please refer to the web version that wehave introduced on the last page.

Environmental Policy
Sawafuji is committed to playing a vital role in building a society
designed to pass on a healthy environment to future generations,so we work to provide products and services that meet customer
expectations through safe manufacturing practices and todevelop next-generation technologies for a new society driven byenvironmentally sound energy.
1. We develop and design technologies that will not only enhance
performance but also reduce the environmental burden.
2. We are committed to protecting the environment by assessing the impactof our production activities, products, and services on the surrounding
environment, resources, climate change, and the ecosystem as we workwith an eye to preventing pollution and making continuous improvements.
3. We comply with environment-related laws and regulations as well asprescribed requirements while ensuring that each employee fulfills his or
her social responsibility.
4. We actively foster communication among local communities as a good
corporate citizen.

Established in May 1997 Revised in January 2017
Sawafuji Electric Co., Ltd. President & Executive Officer President Masao Inoue