Creating Corporate Value Report 2013
Year ended March 31, 2013

Refreshing the Air

Profile

Toward a Bright and Vibrant Life through Robust ProductDevelopment Capabilities that Contribute to Clean Air anda Comfortable Environment

Contents
Priority Fields Going Forward

2

Corporate Management and Governance4

Message from the Chairman

4

Message from the President

5

Corporate Governance

6

Financial and Non-Financial Highlights

8

Business at a Glance10

Sustainability

12

Corporate Data/Overview of Communication Tools

13

Forward-Looking Statement
This report contains forward-looking statements regarding S.T. CORPORATION’s future plans, strategies, and performance. Such forward-looking statements are based on information available as of the issuance of this report. Please note thatforward-looking statements may differ greatly from the Company’s actual performance due to the economic situation, business environment, market demand, and foreign currency exchange rate fluctuations in the future.
Note: Fiscal years in this report are based on S.T. CORPORATION’s fiscal year ending March 31.

Since its foundation, S.T. CORPORATION has continued to develop familiar householdproducts that encompass the daily necessities of life. At the same time, the Company
has focused on niche markets in its mainstay “air-related” domain with an eye ondelivering to consumers a bright and vibrant life.
As a manufacturer of items that address the daily necessities of life,
S.T. CORPORATION is focusing on niche markets. The Company boasts a top market
share and leading position in mothproofing, air freshener, deodorizer, andrelated fields.
In 1946, the Company developed and manufactured a mothproofing product thatdissipates agents into storage spaces to help protect clothing from moth damage.
In 1971, steps were taken to develop and manufacture a scented air freshener intune with the period of abundant economic growth.
In 1981, S.T. CORPORATION commenced production of a dehumidifier to addressconcerns surrounding the buildup of moisture and humidity in houses closed forextended periods.
From the 1980s, the Company worked to address the shift in market needs fromaromatic air fresheners to deodorizers.
In 1988, S.T. CORPORATION launched the Mushuda brand, which has become
synonymous for odorless mothproofing agents.
In 2000, Shoshu Riki matured into a ¥10 billion air freshener brand. The Company
also developed Dashu-tan, a deodorizer that removes odors from inside refrigeratorsand other brands.
In the aftermath of the Great East Japan Earthquake, S.T. CORPORATION took steps
to develop Air Counter, a household radiation detector that helps to address anxieties
regarding radiation levels undetectable by the naked eye. Throughout its history, theCompany has continued to uncover needs that consumers had yet to fully realize andto resolve a myriad of issues.

1Priority Fields Going Forward

Toward a Bright and Vibrant Life through New Businesses
that Purify Polluted Air

2

A New Business that Protects Forests while Utilizing Their Abundant Strengths
S.T. CORPORATION established the Clear Forest business as a new undertaking in
2011. The clearing of residual foliage and trimming are essential in the cultivation ofhealthy forests. However, these activities also produce substantial amounts of foliage
and forest waste. In its Clear Forest business, S.T. CORPORATION removes essential
liquid from residual foliage and trimmings, which are effectively used as functional tree
extracts. In addition to embarking on the development of items that are both necessary
and useful in daily life, the Company is contributing to the cultivation and preservation ofhealthy forests.
The Effects of Functional Tree Extracts
The nitrogen dioxide (NO2) contained in car exhaust, cigarette smoke, and otheremissions is said to be a major cause of air pollution. This NO2 stimulates excessive
active oxygen within the body, which has serious negative repercussions.
S.T. CORPORATION’s functional tree extract helps to reduce NO2. This productboasts other positive attributes including an antioxidant function and a forest bathing
effect while facilitating the elimination of odors.
Developing the Clear Forest Business Going Forward
S.T. CORPORATION is looking to apply functions inherent in its functional tree extract
across a wide range of markets from households to public facilities. In fiscal 2013,
the Company was successful in advancing commercial applications in each of thehumidifier, aromatic air freshener, and deodorizer categories. Looking ahead, S.T.
CORPORATION will provide new value by improving and caring for the quality of air.

3

Corporate Management and Governance

Message from the Chairman
As Times Change so too must the Company
A New Management Structure Begins

Completion of the New Head Office STR Center Building

The vast majority of customers purchasing the Company’s products,

S.T. CORPORATION’s head office building reemerged with a fresh

which encompass the daily necessities of life, are women. In orderface in March. This represented the manifestation of steps to advance

to become a company which delivers products that are the preferred

proprietary management and corporate reforms introduced fromchoice of this customer base, we continue to actively promote

2010. As a part of this endeavor, S.T. CORPORATION undertook

diversity throughout the Company and within our managerial ranks.

measures to address the dilapidated state of its head office building

From April, we embarked on another chapter in our history under theand to better position the Company in the event of an earthquake

guidance of Takako Suzuki, who was recently appointed as President

occurring directly beneath the Tokyo Metropolitan area. All of theseof S.T. CORPORATION, as well as a fresh business framework

efforts are encapsulated in the STR initiative. Moving forward, S.T.

and structure. While continuing to push forward under established

CORPORATION will build a powerful and agile company working frommanagement policies and the underlying key word “3G,” representing

this base with the aim of securing sustained earnings growth. As the

Growth, Global, and Group, we will also work diligently to draw

Company moves toward achieving its goals, we kindly request theon our new president’s perspective, which lies at the heart of ourcontinued support and understanding of all stakeholders.

principal customer base, as well as her experience in branding with aforeign company. Looking ahead, we will do our utmost to create andenhance corporate value.
Newly Establishing a Clear Forest Division
S.T. CORPORATION newly established the Clear Forest Division in
April. This initiative takes the Company another step forward in its
ongoing efforts to put forward proposals for a prosperous life in thefield of clean air. In this instance, S.T. CORPORATION has endeavoredto purify air itself as a part of the Company’s social endeavors to bringabout a sound lifestyle. Through this business, S.T. CORPORATION
will continue to identify ways in which it can help people lead healthy

July 2013

lives. At the same time, by further purifying the air, the Company will
help to ensure a bright and vibrant society.

Takashi Suzuki
Chairman of the Board, Chief Executive Officer

4Message from the President
Becoming a Company that is Held in High Esteem by Customers
On April 1, I was appointed President and Chief Operating Officer

Establishing a Unified Management Structure(COO) of the Company. Working in partnership with Takashi Suzuki,

STR began with the reform and innovation of the Sales Division in

our Chairman, I am committed to building a brand that becomes the2010. By 2013, this reform and innovation had extended through topreferred choice of customers and ensuring that the Company is heldcompanywide operations and management. Currently, we are working

in high esteem.

to establish a structure that extends well beyond existing divisions andis based on the knowledge that everything stems from efforts to fully

Reflecting on the Fiscal Year Ended March 31, 2013

satisfy customers.

S.T. CORPORATION reported an increase in both sales and profit for
the fiscal year under review. In addition to the upswing in sales of the

In Closing

mainstay brand Shoshu-Riki, which is attracting considerable favorable

In the fiscal year under review, our operating environment changed

attention for its series of television commercials, results were also

dramatically. Market conditions were impacted by a wide range ofbuoyed by sales of mothproofing agents, which have recovered tofactors including fluctuations in foreign currency exchange rates, theusual levels following the impact of the Great East Japan Earthquake

sharp rise in raw material costs, and concerns regarding the upcoming

in 2011.

increase in the consumption tax rate in Japan. Against this backdrop,
we established the Cost-Cutting Project under the direct supervision

In Order to Build a High-Earnings Structureof the President. Moving forward, we will conduct a thorough review

In the fiscal year ending March 31, 2014, we will work diligently toof our product cost structure while adhering strictly to a policy ofstrengthen existing products, cultivate new businesses, and bolster

streamlining management. Through these means, we will endeavor

global businesses. In strengthening existing products, we will place

to lift both corporate and shareholder value. As we work toward

considerable emphasis on further fostering our mainstay air freshenerachieving our established goals, we kindly request the continued

Shoshu-Riki brand, which continues to enjoy market growth, as well

support and understanding of all stakeholders.

as our top mothproofing agent Mushuda brand, which provides asolid source of earnings, into megabrands. From a new businessperspective, we will move beyond the conventional air freshener anddeodorizer domain, and cultivate the Clear Forest business as a next-

July 2013

generation AIR Care endeavor and future growth engine.
Furthermore, in bolstering global businesses, we will focus ourarea of strategic operation and development business brand field on
East Asia and ASEAN as well as AIR Care, respectively, and allocate
management resources accordingly.

Takako Suzuki
President and Chief Operating Officer

5Corporate Management and GovernanceCorporate Governance
Stance Toward Corporate GovernanceCorporate Governance Features

S.T. CORPORATION secures the diversity and independenceof directors as a part of efforts to strengthen the governance of（June, 2004）

Transitionmanagement.
to a Company-with-Committees
systemIn turn, thisensures that the level of corporate
Initial appointmentofoutsidedirectors
governance consistently improves and leads to higher levels of
The majority of the Board of Directors comprised
Working toof outsidefairness,directors openness, and transparency. In this way, S.T.CORPORATION
Enhance Governancechannels its energies toward creating corporate value in an efficient（June,2008）

Organizational
FormatCompany-with-Committees

Number of
Directors

Nine ( five of whom are outside directors )Number of Female
Directors

Three ( two of whom are outside directors )(As of June 14, 2013)

the long term
Diversity mannerpromotionand
and overthe appointmentof while maximizing shareholder value.
a female director
The Roles and Activities of Each Committee（June, 2004）

Transition to a Company-with-Committees system
Initial appointment of outside directors
The majority of the Board of Directors comprisedof outside directors

Working toEnhance Governance

The Board of
Directors

Comprised of members elected annually at the General
Meeting of Shareholders. The Board of Directors concentrates
on decision-making of important strategies and oversightof management. The Board of Directors met nine times during
fiscal 2013.

Executive Officer
Meeting

Comprised of executive officers appointed by the Board of
Directors.
Meetings provide a forum for the mutual exchange of information
while expediting decision-making as well as the timely andflexible execution of business. In principle, meetings are held
every week.

Nomination
Committee

Comprised of five members, three of whom are outside directors;
chaired by an outside director.
This Committee determines proposals for the appointment
and dismissal of directors which are submitted at the General
Meeting of Shareholders.

Audit
Committee

Comprised of four members, all of whom are outside directors;
chaired by an outside director.
This Committee audits activities carried out by directors andexecutive officers and prepares the audit report.

Compensation
Committee

Comprised of three members, two of whom are outside directors;
chaired by an outside director.
This Committee determines details of compensation paid to
directors and executive officers.

（June,2008）

Diversity promotion and the appointment ofa female director

Corporate Governance Structure

General Meeting of Shareholders
Election/Dismissal

Nomination Committee

Election/Dismissal

Accounting Auditors
Accounting Audit

Board of Directors

Audit Committee(Audit Committee Office)Election/Dismissal
General Meetingof ShareholdersCompensation Committee
Election/Dismissal

Internal Audit GroupElection/Dismissal

Representative Executive Officers

Accounting Auditors
Accounting Audit

6

Audit Committee(Audit Committee Office)Executive Officer in Charge
OperatingInternal
AuditDivisions
Group

Nomination Committee

Executive Officer Meeting

Board of Directors(As of June 14, 2013)

Election/Dismissal

Compensation
Executive Officer
in ChargeCommittee

Group Companies
Representative Executive Officers
Executive Officer Meeting

Executive Officer in Charge

Executive Officer in Charge

Operating Divisions

Group Companies

Corporate Governance Overview(As of June 14, 2013)

Directors

Nomination
Committee

Audit
Committee

Chairman of the Boardof Directors○

Director( Outside Director )◎○Director( Outside Director )○◎Director( Outside Director )○Compensation
Committee○

Director( Outside Director )

○

◎

○

○

Director
Director○

Director
Nine members( five of whom areoutside directors )Fivemembers

Executive Officers

Fourmembers(As of June 14, 2013)

Responsibilities

Representative
Executive Officer,
Chairman, CEOManagement in general

Takashi Suzuki※

Yoshiko Shirata

Representative
Executive Officer,
President, COO

Management in general; concurrently incharge of the R&D Division

Takako Suzuki※

Kanichi Suzuki

Senior Executive
Vice President

In charge of the Manufacturing Division

Kanzo Kobayashi※

Fuminobu Aruga

Managing
Executive Officer

In charge of the Management Strategy
Division

Hirohide Shimada※

Chieko Matsuda

Managing
Executive Officer

In charge of the Sales Division

Takahiko Kato

Takashi Suzuki

Director( Outside Director )Areas of Executive Officer Responsibility※

Naoto Onzo

Takako Suzuki※

Managing
Executive Officer

In charge of the Marketing Division

Yo Kouzuki

Kanzo Kobayashi※

Executive Officer

In charge of the Management Control
Division

Kumiko Ishikawa

Hirohide Shimada※

Executive Officer

In charge of overseeing affiliated companies
Concurrently President and Representative
Director of S.T. TRADING CORPORATION( an S.T. CORPORATION subsidiary )Tsukasa Konda

Executive Officer

Responsible for advertising and promotion

Koji Kage

Executive Officer

In charge of the International Division

Masami Kitahara

Threemembers◎：Chairperson ○：Committee member ※：Holds the concurrent position of executive officer※Holds the concurrent position of director

Board of Directors
Chairman of the Board of Directors

Takashi Suzuki
Directors ( Outside Directors )Naoto Onzo※

Yoshiko Shirata※

Kanichi Suzuki

Fuminobu Aruga

Kanzo Kobayashi

Hirohide Shimada※Notified as an independent director as specified by the Tokyo Stock Exchange.

Chieko Matsuda

Directors

Takako Suzuki

7Financial and Non-Financial Highlights

thousands of U.S.dollars*1

millions of yen

2012

2013

2013

¥46,354¥46,944)$499,457)

1,751

1,800)

19,147)

Net income

76

565)

6,011)

R&D expenses

659

572)

6,088)

1,007

2,061)

21,926)

Depreciation and amortization

931

830)

8,834)

Free cash flow

773

(944)

(10,049)

Total assets

30,28730,076)

319,996)

Total net assets

19,701

20,213)215,059)

Number of issued outstanding shares (thousands)

21,71821,716)

Settlement period (end of March)

For the YearNet sales
Operating income

Capital expenditures

At Year-End

Financial Indicators%

Operating income margin

3.8

3.8)

ROA*2

0.3

1.9)

ROE*3

0.4

2.9)

Equity ratio

63.4

65.4)

3,727

3,930)

Number of employees (people)

647

663)

Ratio of female directors to total directors (%)

25.0

30.0)

Ratio of outside directors to total directors (%)

50.0

50.0)

Non-Financial Indicators
CO2 emissions (tons)

Per share information
Net income

yen¥

U.S. dollars

3.48¥ 26.01$0.28

Net assets

884.45905.84

9.64

Dividends

22

22

0.23

PER (times)

294.5

38.0

Notes: 1. U.S. dollar amounts are translated from yen for convenience only, at the rate of ¥93.99 = U.S.$1.00, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2013.
2. ROA = Net income divided by average total assets for the fiscal year.
3. ROE = Net income divided by average total equity (total net assets minus subscription rights less minority interests in consolidated subsidiaries) for the fiscal year.

8

(millions of yen)■AIR Care

46,94446,94446,94446,35446,35446,354

43,58043,58043,58043,54643,54643,54644,87944,87944,879■HUMIDITY Care
■HOME Care

44%
5%
7%

■CLOTH Care
■HAND Care
■THERMAL Care

21%
9%
14%

■Japan96% ■Overseas 4%

Mothproofing
Mothproofing
Mothproofing
HouseholdHouseholdHousehold andandandHygieneHygieneHygieneEnvironmentEnvironmentEnvironmentRelated
RelatedRelatedRelatedRelatedRelated Products
Products
Products
Products
Products
Products
45%
45%
45%
55%
55%
55%

09
09
09 10
10
10 11
11
11 12
12
12 13
13
13

(Year ended March 31, 2013)

Net sales composition by category

Net Sales(millions of yen)

Net sales composition by region(millions of yen)

(%)

5.2
5.2
5.2

4.9
4.9
4.9

1,800
1,800
1,800

76
76
76

565
565
565

786
786
786

1,119
1,119
1,119

3.8
3.8
3.8 3.8
3.8
3.8
1,076
1,076
1,076

1,751
1,751
1,751

2,114
2,114
2,114

5.6
5.6
5.6
2,246
2,246
2,246

2,493
2,493
2,493

(Year ended March 31, 2013)

09
09
09 10
10
10 11
11
11 12
12
12 13
13
13

09
09
09 10
10
10 11
11
11 12
12
12 13
13
13

09
09
09 10
10
10 11
11
11 12
12
12 13
13
13

Operating income

Net income

Operating income margin■Total net assets (millions of yen) ●Equity ratio (%)

65.4
65.4
65.4

22
22
22

22
22
22

22
22
22

22
22
22

22
22
22

20,213
20,213
20,213

4.0
4.0
4.0

(yen)

64.9
64.9
64.9 63.4
63.4
63.4
19,701
19,701
19,701

19,02919,02919,029

5.9
5.9
5.8
5.8
5.8 5.9

19,966
19,966
19,96667.5
67.5
67.5 67.2
67.2
67.2

19,972
19,972
19,972●ROA (%) ●ROE (%)

2.9
2.9
2.9

4.0
4.0
3.8
3.8
3.8 4.0
2.7
2.7
2.7
0.4
0.4
0.4

1.9
1.9
1.9
0.3
0.3
0.3

09
09
09 10
10
10 11
11
11 12
12
12 13
13
13

09
09
09 10
10
10 11
11
11 12
12
12 13
13
13

09
09
09 10
10
10 11
11
11 12
12
12 13
13
13

ROA/ROE

Total net assets/Equity ratio

Dividends per share9Business at a Glance

Business by Category

Proprietary Brand

Market Share and Rank (Japan)

Composition of
Net Sales

Sales/YoY

44
%
44
44%%%

20,482

Deodorizers and Air Fresheners

AIR Care(Deodorizers and
Air Fresheners)

29%(Market Share: No.2)

Refrigerator Deodorizers

70%

Millions of yen+2.8%(Market Share: No.1)

CLOTH Care
(Mothproofing Agents)

HUMIDITY Care
(Dehumidifiers)

HAND Care(Gloves)

THERMAL Care
(Disposable Warmers)

HOME Care(Cleaners andOther Products)

10

Mothproofing Agents46%(Market Share: No.1)

Dehumidifiers

32%(Market Share: No.2)

Household Gloves

23%(Market Share: No.2)

Disposable Warmers

20%(Market Share: No.2)

21
%
21
21%%%

9,874

Millions of yen

+8.9%

55%%%
5%

2,328

Millions of yen

-8.0%

99%%%
9%

4,231

14
%
14
14%%%

6,866

77%%%
7%

3,162

Millions of yen+11.0%

Millions of yen-5.1%

Millions of yen-16.5%

Overseas

Ratio of overseas sales to total net sales: 4%; Bolster global capabilities as an additional driver of growth.

Promoting Capital andBusiness Alliances

Concluded capital and business alliances with FUMAKILLA LIMITED and NS FaFa Japan Co., Ltd.

Developing New
Businesses

Group company Japan Aroma Laboratory Co., Ltd. commenced the Clear Forest business in conjunction with a research institute in 2011.

Salient Business Features and Strengths

Overview of Fiscal 2013
and Strategies Going Forward•Growth market. Stagnant conditions due mainly to the•Mainstay business divisions accounting for 44% of the•Sales growth of the mainstay brand Shoshu-Riki, whichdrop in unit prices in fiscal 2012.
•Expectation of future growth through increased needs ofCompany’s total sales. A division that is expected toexperience future growth.

is supported by highly popular television commercials, aswell as the deodorizer Dashu-Tan.

customers who take pleasure in unique fragrances.

•Boasts a host of unique brands including the Company’s•In fiscal 2014, expand operations in new applications andleading megabrand Shoshu-Riki, My Aroma, which puts
forward high-quality fragrance proposals, and Dashu-Tan,a powerful deodorizer that uses charcoal.

high-quality fragrances focusing on mainstay brands. Work
to further foster megabrands.

•Conditions remain unchanged. Stable market.

•A foundation business rivaling the importance of the AIR•Increase as sales recover to normal annual levels in the•Revitalizing the market through new products including

Care category in terms of marketing.

fragrant mothproofing agents recognized as a key to the
future.

• This category comprises topline brands including

fiscal year under review compared with the slump in sales
during the previous year as a result of the Great East
Japan Earthquake.

Market Environment

Mushuda and Neopara Ace, which are well recognized fortheir reliability in protecting clothes from moths.

•Steps will be taken to expand sales during fiscal 2014 byadding fragrant mothproofing agents to the odorless lineup
products.
•Market exhibiting a growth trend. However, difficulties in•This division has consistently led the market since Drypet•Intense price competition resulting in a drop in sales.

differentiating products resulting in fierce competition.

was first launched in 1981.

•Cultivate new demand by putting forward new product•Putting forward value-added products that offer new• This category is comprised of the mainstay brandfunctions and applications is critical to future growth.

Drypet, as well as other products including Bincho-Tan
Drypet, which offers a deodorizing function together with
dehumidifying; a solid lineup including refill- and sheettype products.

types that take into consideration concerns for theenvironment as well as fresh proposals that offer new
functions and applications.

•Market exhibiting continuous growth.

• An inaugural, enduring division with a history of six•Increase in sales as a result of growth in gloves that help

•The protection of hands from powerful cleaning agents

decades together with the CLOTH Care category.

and promoting awareness toward personal hygiene are
critical issues.

• This category is comprised of the Family series ofprotect hands, hygienic products, and overseas industrialuse gloves.

household gloves, industrial-use gloves and otherproducts. Advancing added-value proposals including
fingertip reinforced products, ingredients that are gentle
to the skin, and hygiene measures.

•In addition to efforts to strengthen and develop brands,•Changes in weather conditions significantly impact the• Winter-based product range. Provides an additional•While sales remain substantial on a year-on-year basis,

market. Difficult to differentiate products. Intense market
competition.

point-of-sale management role linked to spring andautumn mothproofing agents.

there was a decrease compared with growth in previous
year due to effects of the Great East Japan Earthquake.

•Upward trend following the Great East Japan Earthquake.

• Advantage of alliance products. Offers Onpacks and•In addition to strengthening and fostering brands, cultivate

Other brands manufactured by Mycoal Corporation in July
2003. Products are distinguished by their establishedreputation for high quality, especially products for feet.

and expand new demand.

• Robust conditions in the niche cleaner and insect•This Division is currently fostering the niche cleaner•Decrease in sales. Despite a strong performance by Kome-

repellent for rice bins markets.

market and is coordinating efforts to nurture other new
products that are under development.

Touban, the insect repellent for rice bins, the decrease insales was largely attributable to a slowdown in sales of
the household radiation detector Air Counter which was
released during the previous year.

•This category is renowned for producing unique products

including Ultra-Powers Washing Tub Cleaner andKome-Touban, which protects stored rice from insect
infestations.

work to cultivate and develop new demand.

•Take up the challenge of entering new domains in order tosecure further growth.

Narrow the scope of overseas strategic areas and brands. For strategic areas and brands focus on East Asia and the ASEAN region and AIR Care, respectively.

Work to further promote business development and profitability at each of the three companies harnessing the complementary nature of business domains.

A business where growth is expected going forward. Create a new market that cares for air quality by leveraging functional tree extracts, a new technique that helps purify the air.
Market share data is based on the Company’s research (January to December aggregate; April to March aggregate for disposable pocket warmers only).

11

Sustainability

Contributing to Society through Initiatives in the “Air” Domain
Stance toward Sustainability
S.T. CORPORATION integrates sustainability into the business

S.T. CORPORATION has a history of quickly catching market trends.

strategy, as it is recognized as a growth driver rather than a cost

It has a proven track record of creating new markets in such fields asconstraint. In adopting this approach, the Company is afforded themothproofing agents and dehumidifiers. The company has created

opportunity (tailwind) to create new markets that help resolve a variety

growth opportunities by consistently taking full advantage of favorable

of social and environmental challenges by harnessing its innovative

conditions. Moving forward, S.T. CORPORATION will work diligently tostrengths in products that encompass the daily necessities of life.

create shared value with all of its current and future stakeholders, and

The market is constantly in a state of flux. In the aftermathof the Great East Japan Earthquake, market needs transitioned

will endeavor to fulfill its social and environmental responsibilities while
securing sustainable growth.

swiftly from economic to social and environmental concerns.

Category

Activities aimed atcreating value

Activities that fulfill
the Company’s basic
responsibilities

Major Activities

Details

Business

Purifying polluted air•Promoting the Clear Forest Business.

Product
development

Developing products that help create clean air anda comfortable environment•Adapting to social and environmental needs by developing products that enrich people’s lives.

The
environment

Contributing to the environment through products
Contributing to the environment throughmanufacturing and logistics processes

Consumers

Promoting educational activities for proper
understanding of radiation danger

Human
resources

Promoting diversity
Promoting global training
Improving workplace and labor conditions•Fostering an organization that is capable of responding flexibly to changes in each era bypromoting human resource diversity and cultivating parsonnel with rich sensibility.

Local
communities

Holding musicals
Providing support to educational institutions•Revitalizing the Company’s principal consumer base and providing educational support tolocal communities.

•Reducing the environmental impact of business activities by reviewing the full gamut of
operations including packaging and wrapping as well as manufacturing andlogistics processes.
•Addressing consumer issues through education that ensures accurate understanding.

■(people) ●(%)

663
663
663

647
647
647

630
630
630

611
611
611

(people)

619
619
619

3,727
3,727
3,727

4,167
4,167
4,167

4,433
4,433
4,433

4,079
4,079
4,079

4,398
4,398
4,398

(tons)

30.0
30.0
30.0

11.1
11.1 12.5
11.1
12.5
12.5

08
08 09
09 10
10 11
11 12
12
08
09
10
11
12
Environment friendly considerations:
CO2 emissions

12

09
09 10
10 11
11 12
12 13
13
09
10
11
12
13
Stable growth:
Number of employees

1
1
1

1
1
1

1
1
1

2
2
2

12.5
12.5
12.5

3
3
3

25.0
25.0
25.0

09
09 10
10 11
11 12
12 13
13
09
10
11
12
13
The status of diversity:
The number of female directors andthe ratio of female directors to total directors

Corporate Data

Company name:Paid-in capital:

Group companies:

S.T. CORPORATION¥7,065,500,000

S.T. Trading Co., Ltd.

Ecoco Co., Ltd.

S.T. Auto Co., Ltd.

Shaldan (Philippines), Inc.

Headquarters:

Employees:

S.T. Business Support Co., Ltd.

4-10, Shimo-ochiai, 1-chome,

Consolidated: 663

Family Glove Co., Ltd.(Thailand)

Aekyung S.T. Co., Ltd.
(South Korea)

Shinjuku-ku, Tokyo 161-8540,

Non-consolidated: 400

Family Glove Co., Ltd.(Taiwan)

FUMAKILLA LIMITEDJapan(excluding part-time and temporary
employees)

S.T. Korea Corporation (South Korea)

NS FaFa Japan Co., Ltd.

Japan Corporation Co., Ltd.

Shaldan (Thailand) Co., Ltd.

Telephone +81-3-3367-6111

Japan Aroma Laboratory Co., Ltd.
Establishment:

Stock listing:

August 31, 1948

First Section, Tokyo Stock
Exchange

Account settlement date:
March 31

Overview of Communication Tools

Creating Corporate Value Report 2013
(Japanese edition / English edition)

DigestAn easy to understand annual report on activities aimed
at creating corporate value for all stakeholders.

Corporate Information Website

Corporate Profile 2013

In addition to introducing each of the Company
publications, the Corporate Information Website
is a comprehensive tool that provides the latest
information and an overview of S.T.
CORPORATION to all stakeholders.

A compilation and comprehensive tool
overviewing the Company as a whole in a
Data Book (pdf) format for the benefit ofinvestors.

Creating Corporate Value Report 2013
Financial Section

Investors’ Guide 2013

(Japanese site / English site)

Overview(English edition)

Specialized data

Compilation Data Book (pdf) and separate
supplement containing financial data for themost recent fiscal year.

(Japanese edition / English edition)(Japanese and English compilation)

Compilation Data Book (pdf) covering 10
years of quantitative information on the
Company’s corporate activities for
institutional investors.

Communication tools are available within the Library section of the Company’s Corporation Information Website.

13

A man-made plantation of Sakhalin fir trees in Kushiro, Hokkaido. Inorder to ensure healthy forests, man-made plantations undergo regularthinning and an ongoing process of cultivation. While a portion of theresidual foliage and trimmings are used in the production of timbermaterials and fuels, the vast majority is left as waste.
Through its Clear Forest business activities, S.T. CORPORATION
extracts essential oils from residual foliage and trimmings (functional
tree extracts). Through effective use, positive steps are being taken
to reduce emissions of NO₂, a major cause of health problems.
Moreover, the removal of foliage and trimmings at the time of forest
care, together with efforts to strengthen the ability of forests to absorb
CO₂ and enhance the resilience of forests to natural disasters goes along way to ensuring the health of forests.

Clear Forest business
The Clear Forest business is a new undertaking established by the S.T.
CORPORATION Group’s Japan Aroma Laboratory Co., Ltd. Working
in cooperation with Japan’s Forestry and Forest Products ResearchInstitute, every effort is being made to purify the air of pollutants.

4-10, Shimo-ochiai 1-chome, Shinjuku-ku, Tokyo 161-8540, Japan
http://www.st-c.co.jp/english/company/ index.html
Printed in Japan, July 2013