Toyo Seikan GroupCSR Report 2017

2017

1917
CSR Office, Toyo Seikan Group Holdings, Ltd.
Osaki Forest Bldg., 2-18-1 Higashi-Gotanda, Shinagawa-ku, Tokyo, 141-8627 Japan
Tel. +81-3-4514-2303

Published in October 2017

Open Up and Be Inspired
Table of Contents

1917

Editorial Policy

2

Table of Contents

3

Basic Report3

Basic Report

4

Toyo Seikan Group Around You

The Toyo Seikan Group contributes to the solution of social issues throughMessage from the President

6

its business activities.

Special Feature: 100-Year History of
Toyo Seikan Group8

All employees of the Group are aware of their social responsibility in daily

CSR Management of Toyo Seikan Group

12

operations and act accordingly.

Environmental

Through these efforts, the Toyo Seikan Group creates the values of “OpenUp and Be Inspired”, and aims to become a company that contributes tocreating a sustainable society.

For Better Global Environment

14

SocialQuality Assurance System

17

Together with Our Employees

19

GovernanceCorporate Governance21

Outside Directors’ Initiatives for Enhancementof Corporate Governance

22Compliance24

Risk Management

25

Toyo Seikan Group Companies

Editorial Policy

Basic Report

The Toyo Seikan Group (the “Group”) promotes CSR management based on its “Management Philosophy”

Companies covered by the Report:

under a holding company system.

Domestic and overseas group companies includingThis report was created with the aim of clearly communicating the Group’s CSR vision and activities to you

Toyo Seikan Group Holdings, Ltd.

stakeholders.

Period covered: April 1, 2016 to July 31, 2017

This year, in order to better communicate our specific CSR activities to you, the report features our

Numerical data: April 1, 2016 to March 31, 2017

achievements in FY2016 classified by environmental, social and governance (ESG) criteria. Please visit our
website for information not covered by this report such as “Policies and organizational structure.”
Our stance on CSR is based on sincere communication with our stakeholders and actions originating fromsuch communication.
We would appreciate your opinions and feedback.

Published in:
October 2017 (Next issue to be published in
October 2018)
Reference Guideline:
ISO26000 (Guidance on Social Responsibility)

2017

26

Refer to the following sites for specific activities of each operating company:
 Toyo Seikan Co., Ltd.: Sustainability Report
http://www.toyo-seikan.co.jp/e/eco/ Toyo Kohan Co., Ltd.: CSR (Only available in Japanese)
http://www.toyokohan.co.jp/en/csr/index.html
 Tokan Kogyo Co., Ltd.: Environmental and Social Report (Only available inJapanese)
http://www.tokan.co.jp/english/environment/environment_manage.html
 Nippon Closures Co., Ltd.: Environmental and Social Report (Only available inJapanese)
http://www.ncc-caps.co.jp/corporation/eco_report.html
 Toyo Glass Co., Ltd.: Environmental and Social Report (Only available inJapanese)
http://www.toyo-glass.co.jp/environment/report.html
 Toyo Aerosol Industry Co., Ltd.: Our Stance on Environment (Only available inJapanese)
http://www.toyoa.co.jp/environment/
 Tokan Material Technology Co., Ltd.: Environmental and Social Report (Onlyavailable in Japanese)
http://www.tomatec.co.jp/global/en/environment.html

http://www.tskg-hd.com/csr/

2

Toyo Seikan Group CSR REPORT 2017

Toyo Seikan Group CSR REPORT 20173

Company Profile
Toyo Seikan Group Holdings, Ltd.
Founded:June 25, 1917

Representative:

Takao Nakai,
President and Representative Director

Net sales by business segment

Capital:11,094,600,000 yen

Head Office:Osaki Forest Bldg., 2-18-1 Higashi-Gotanda,
Shinagawa-ku, Tokyo 141-8627 Japan

Number of
Employees:

Financial Data (Consolidated)
Functional materials
related 4.6%

Net sales

Real estate related 1.0%

Operating profit

850 (Billion yen)

40 (Billion yen)

800

30

ROE
2.5 (%)

Others 3.2%
36.1

397 (18,490 on a consolidated basis)
as of March 31, 2017

802.0

Steel plate related

6.9%

1.9

2.0

32.3

784.3

Packaging 84.3%

1.6
1.5

779.4

750

20
1.0

700

Business Overview
Packaging business

15.0

10

0.5

0.6

Steel plate related
business

Functional materials
related business

0

0

0

2014

2015

2016

2014

(FY)

2015

Earnings per share

Net assets & equity ratio

100 (Yen)

1,000 (Billion yen)

2016

Manufacturing and sales of various steel
plate materials used in every phase of daily
life, such as materials for cans, electricaland electronic components, automotive
and industrial machinery parts, andconstruction and consumer electronics.

Manufacturing and sales of materials
with various functional properties, suchas aluminum substrates for magnetic
disks, functional films for optics, glaze,micronutrient fertilizers, pigments and gelcoats.

704.1

20 (Billion yen)

15

727.8

60.09

56.4

55.2

15.0

14.2

60

600

49.43

(FY)

80

710.7

50

2016

Equity Ratio

800
75

Manufacturing and sales of various
packaging containers that support
people’s daily lives, such as metal cans,plastic containers, closures, glass bottles,
paper containers and aerosol products.

2015

Research & development costs(%) 100

Net Assets

2014

(FY)

14.1

10

57.3

400

40

200

20

25

5

17.77
0

0

2014

Machineryandequipment
Other businesses

New businesses

Manufacturing and sales of packagingrelated machinery and equipment including
container manufacturing equipment andfilling & seaming equipment.

2015

2016

2014

(FY)

Cash flow

No. of employees

150 (Billion yen)

19,000 (Persons)Operatingactivities

Investingactivities

Financing
activities

2015

2016

0
(FY)

50

49.4
19.1

2015

2016

(FY)

Asia (Thailand, China, Malaysia, etc.)

6.8％

100
18,500

Others (U.S., etc.)

6.3％

18,49018,44658.8

2014

Net sales by region

18,88479.9

018,0009.5

0Logistics

Motor truck transportation andwarehousing mainly for group companies.

4

Toyo Seikan Group CSR REPORT 2017

Manufacturing and sales of hard alloys,
machinery and appliances, and raw
material products for agriculture, salesof petroleum products, and non-life
insurance agency business and realestate management business.

By leveraging our core technologies,
we are expanding into new businessareas such as IT, energy, life science andnanotechnology.

Japan
-29.5

-50

-53.6

-45.6

-47.6

2015

2016

86.8％

17,500

0

-100

2014

(FY)

2014

2015

2016

(FY)

Toyo Seikan Group CSR REPORT 20175

Message from the President

Toyo Seikan’s 100th anniversary of founding:
As we look toward ourEstablishing “Management Philosophy of Toyonext 100 years, we will
Seikan Group” for the next century
strengthen our foundation In June 2017, the Toyo Seikan Group marked the 100th
anniversary of its founding. I would like to take this opportunity toto further contribute toexpress our gratitude to the many stakeholders who have watchedover and supported the growth of our business for many years.
people and society.
Toyo Seikan has “Fundamental Principles” and “Work Rules

containers, coupled with lower net sales in terms of yen at our

For example, with regard to the active role of female employees,

overseas subsidiaries as the yen appreciated. On the profi t

packages for foods, beverages and daily necessities that Toyofront, the Group posted higher profits for reasons such as

Seikan Group produces are naturally familiar items for women to

exchange rate changes, Group-wide cost reductions, and raw

begin with. Reflecting their perspectives in the manufacturing

material and energy prices that were below the previous fi scal

process and incorporating fresh ideas lead to the creation of newyear’s levels as a result of lower crude oil prices.

products that will contribute to society.

However, from a medium- to long-term perspective, it is essential

The female employment rate of the Group’s five main operating

for us to curb declining sales and take measures to boost net sales.

companies has increased to 17% across all departments, andfor Employees” that were laid out by the founder, Tatsunosuke

to 27% in administrative and technical departments (for new

Takasaki, and have been passed down over the years until the

Focus on building a framework to achieve groupsynergies beyond boundaries among operatingcompanies

graduate hires in 2017 and mid-career hires in 2016). Bothpresent day as the fundamental spirit for the continuation of ourbusiness. Based on this spirit, we have continued to cater to thechanging needs of society by adjusting the product portfolio of
our core packaging business to include steel cans, glass bottles,
aluminum cans, flexible pouches and PET bottles. I believe that thisis a major factor for the successful continuation of our business up
to the present day.
In recent years, there have been strong demands for therealization of a sustainable society. Last year, we established the“Management Philosophy of Toyo Seikan Group” that incorporates
new ways of thinking demanded by modern society. I believethat all the Group’s employees should share this philosophy as amilestone, looking ahead to the next 100 years.

Given these environmental changes, we have recently
established the “Development & Sales Strategies Office”, and areworking to “bolster our cross-functional teams”.
This office, established in April 2017, is an initiative whereby
the Group’s holding company plays a central role in developing
products and services that will become a core business at eachtechnical development and marketing in one unit, and are
cultivating them strategically by forming a tag-team between
officers and staff from each of these two perspectives.
Cross-functional teams are an initiative whereby each operatingcompany in the Group transcends its boundary and brings its own
capabilities and skills to create new added value, even for existing

To our regret, in April 2017, shortly before our 100th anniversary,highly competitive technologies and products, including a high-products. This initiative has already successfully launched several
speed production technology for paper cups.

Trade Commission (JFTC) into alleged violations of the Act on

One indicator that I use in the evaluation of our businesses is

Prohibition of Private Monopolization and Maintenance of Fair

the NPVI (New Product Vitality Index). This shows the percentage

Trade (the “Antimonopoly Act”). The investigation is still ongoing,of sales coming from new products launched during the past five

and we are proactively cooperating with this investigation. We are

years to total sales, enabling us to measure the degree of innovation

seriously taking such consequences, and the Group is currently

that a company is exhibiting. Although in different industries, there

working on compliance with applicable laws and regulations toare some companies overseas with actual NPVIs of close to 30%.

ensure that similar situations will never occur again. Specifically,On the other hand, Toyo Seikan Group’s NPVI is estimated at onlyin addition to conducting a series of legal training seminars, wearound a few percent. Leveraging the sense of crisis that “we haveare making ourselves clear that we understand the importance ofnot successfully launched new products”, we will make every effort“striving to be fair and unbiased” as stated in the “Management

to develop new technologies and products.

Philosophy of Toyo Seikan Group”. I myself will preach loudly andclearly the significance of this principle. At the same time, there
were issues in our work practices we ourselves did not noticethat resulted in the need for this investigation. Going forward, we
will identify and validate these issues to put ourselves back on theright truck.

Necessity of reform to boost net sales on a
medium- to long-term basis
In the consolidated fiscal year ended March 31, 2017, the Group

6

Toyo Seikan Group CSR REPORT 2017

Moving toward realization of “Work Style
Reform”
Reforming the way in which we work, implementing healthybusiness management and promoting diversity— initially by facilitating
active involvement of female employees—are pressing themes forour group. In the “Management Philosophy of Toyo Seikan Group”
as well, we pledge that “all of us will demonstrate our own strengths
and expertise, and contribute to social prosperity while we growautomation, while proactively introducing equipment for workload
reduction in direct manufacturing departments. We have alreadylaunched a project, as a pilot case, to employ female graduates
in such departments at Toyo Seikan’s Osaka Plant.

Business opportunities emerging for us to be
active as a comprehensive packaging group
Domestic demand for packaging and containers has been
on a declining trend due to Japan’s low birth rate and aging
population. However, turning our eyes outside of Japan, we see
significant growth opportunities, especially in Asia. In terms ofglobal packaging trends, the world has been shifting away from“heavy containers toward lighter packaging solutions”. In otherwords, there is a shift away from glass bottles and cans toward
lightweight, easily disposable and recyclable plastics and films.
On the other hand, lightweight is inversely proportional topreservation function. This means that various barrier technologies
and environmentally friendly technologies that Toyo Seikan Grouphas developed over the years are likely to be in great demand.
Business opportunities have been emerging where we can makemost effective use of our true value as a comprehensive packaging
manufacturer, and contribute to further advancement of the world.
In 2015, the United Nations adopted the Sustainable
Development Goals (SDGs: “The 2030 Agenda for SustainableToyo Seikan Group has been operating some 100 companies in
17 countries around the world including Japan, with approximately
19,000 employees. As a Group, we aim to contribute to thehappiness of humanity by working together in unity to resolve
social issues such as the SDGs, surpassing boundaries between
companies or organizations. The Möbius strip logo adopted by ourGroup signifies the concept of a recycling-based society, and is asymbol of that promise.

and thrive as an individual, a corporation or a group”.
We aim to create a highly productive way of working and to( YoY ); operating income of 36.1 billion yen (up 11.9% YoY ); andimprove the quality of our work and life, and for this purpose weordinar y income of 36.1 billion yen (up 35.4%YoY ), resulting inare accumulating specific improvements. In addition to strongly

lower revenue but higher profi ts.

promoting healthy business management, we will also seek topackaging-related machiner y & equipment and beveragedepartments. To that end, we will further exploit AI and promote

Development”), for tackling globally common social problems. The

posted net sales of 779.4 billion yen, down 2.8% year-on-year

Major factors for the drop in net sales include: weak sales offiscal year. From 2018 onwards, we will set an additional target of
30% across all departments including direct manufacturing

operating company in 5 to10 years. In a sense, we have integrated

Sternly Accepting JFTC Investigations andreform our work practices
Tokyo Seikan received an on-site investigation by the Japan Fair

percentages have improved by several points from the previous

Takao Nakai
President and Representative Director
Toyo Seikan Group Holdings, Ltd.

improve and enhance diversity, such as in enabling more active
involvement of female employees.

Toyo Seikan Group CSR REPORT 20177

Special
Feature100-Year History of
Toyo Seikan Group1961:

Toyo Kohan Co., Ltd.

Tin Free Steel (Hi-Top)

It could be said that the history of the Toyo Seikan Group is synonymous with the history of Japanesefood product manufacturing and packaging industries.
Moving forward, the Toyo Seikan Group will continue working to solve social issues by offering solutions
that derive from the know-how relating to food product manufacturing accumulated over the course of
its 100-year history.

1917:

Toyo Seikan Co., Ltd.

1931:

Toyo Glass Co., Ltd.

1949: Tokan Kogyo Co., Ltd.

Toyo Seikan Kaisha, Ltd. founded

Lead crystal glass

Paper cups for ice cream

Toyo Seikan was founded by Tatsunosuke
Takasaki as Japan’s first company specializingin packaging containers, a mutual canmaking factory for all customers in need ofempty cans.

Toyo Glass succeededin mass production oflead crystal glass,which at the time
was not in mass
market circulation,
pioneering the productin Japan.

Since their debut in 1949, Tokan
Kogyo’s paper cups have led
the ice cream industry, andgained widespread recognition
among consumers.

1919:

Toyo Seikan Co., Ltd.

Began manufacturing cans with
automatic can making machine(can size: 99 x 121 mm)
Toyo Seikan imported inverted bodymakerfrom the United States and began
manufacturing cans.

FTE (Fritted Trace Elements)
Micronutrient Fertilizer
Produced through the application ofceramic glaze manufacturing technology
and fritting of six elements (including
manganese and boron), FTE is Japan’s
representative micronutrient fertilizer. It
dissolves gradually into the soil, steadily
delivering its nutrient effects.

1974: Toyo Aerosol Industry Co., Ltd.
Antiperspirant deodorants
Combine the smooth feel anddeodorant and sweat-controlling
effects of powder with instantaneous
cooling feeling of gas spray.

1963: Nippon Closures Co., Ltd.

1974:

PP capsShrink film for pre-labeling(labeling before filling)

Toyo Glass Co., Ltd.

This multicolor-printable shrink film
offers ultra-superb designability,
opening the way for the age of oneway bottle.

1952: Toyo Aerosol Industry Co., Ltd.

1966: Tokan Material Technology Co., Ltd. (TOMATEC)

1976:

Tinplate

Insecticides

TOMATEC COLOR

Stackable tumblers

In the past andinto the future, thissurface-coated steel
sheet brings a familiar
shine to people’s lives
for generations.

Japan’s firstspray-type
insecticide,enabling
consumers tokill mosquitos
and flies witha single quick
spray, andwithout smearing their hands.

TOMATEC COLOR inorganic pigments
are composed of two or more kinds ofmetal oxides. They are mainly used ascolorings for plastics for applications
such as car interiors, building materials
for housing, household electricalappliances and office automation equipment.

Their stackable design
significantly improved thestorage efficiency of glass
tumblers.

1935:

Toyo Kohan Co., Ltd.

Toyo Glass Co., Ltd.

Anchor cups
Manufacture of anchor cups began as
an alternative container to food cans.
The name camefrom the shape ofthe closure thatappears as if ananchor has been
lowered into themouth of a jar.

Toyo Seikan Group CSR REPORT 2017

Lamicon bottles are multilayer
plastic bottles for mayonnaise. They
are lightweight and have a goodpreserving property.

1962: Tokan Material Technology Co., Ltd. (TOMATEC)

Metal closures with anti-tamperingfunction that enables consumers tocheck whether or not container has
been opened. (Bridges along the lower
part of the closure break on opening.)

1940 -1950s

1959:

Toyo Kohan Co., Ltd.

VINYTOPVINYTOP isa decorative
steel sheet inwhich vinyl
chloride
resin is layercoated over galvanized steel
sheet. It was the world’s firstcommercial production of vinylcoated steel sheet.

Tokan Kogyo Co., Ltd.

Lamicon bottles(for mayonnaise)

1970s

1939:

8

Toyo Seikan Co., Ltd.

1960s

1920 -1930s

1910s

Tin free steel is the global standard forsurface-treated steel sheet, created by
Toyo Kohan.

1972:

1967:

Toyo Glass Co., Ltd.

Toyo Kohan Co., Ltd.

Silver Top

1978:

An electrogalvanized steel sheet that
improves corrosion-resistance propertiesof iron using zinc, which has superior
rust-preventive effects.

Lamicon cups

1969:

Toyo Seikan Co., Ltd.

Retort pouches
Toyo Seikan developed and commercialized
retort pouches ahead of the rest of
the world. Retort pouches allow retort
sterilization, has a good preserving
property, and enable distribution of foodproducts at ambient temperature.

Tokan Kogyo Co., Ltd.

Sheet-type containers withoxygen barrier properties.
Due to their ability toenable medium- to longterm storage at ambient
temperature, they weresoon adopted for numerous
food products, a successful
solution to changes inpeople’s dietary lifestyles.

Toyo Seikan Group CSR REPORT 20179

100 Year History of Toyo Seikan Group

1991: Toyo Seikan Co., Ltd.

2000:

Tokan Bag in Box (BIB)

TULC

BIBs consist of ahigh-barrier innercontainer (bag) witha three-material, fivelayer structure anda protective outerstorage box. They
have been adopted
for such products as
mineral water and liquid seasonings.

TULC (Toyo Ultimate Can) is a metal canthat represents a dramatic breakthroughin environmental protection, achieved byreexamining the fundamentals of raw materials
and production processes.

Ultra lightweight returnablebottles

1984: Tokan Kogyo Co., Ltd.

1985:

Toyo Glass Co., Ltd.

Hineru (twist) caps

Featuring a curved dip in the middle
for easy-grip, and plastic coatingthat makes them returnable.

Push-top type closures where the innerclosure (which seals bottle mouth) becomes
fixed to the roof of outer closure whentwisted and tightened to open the bottle.

2001:

2012: Nippon Closures Co., Ltd.

1992: Nippon Closures Co., Ltd.
MAXI-P cap
An easy-open aluminum closure fitted withplastic ring tab, which is pulled to break theseal and open the container.

Toyo Kohan Co., Ltd.

Laminated steel sheet (Hi-Pet)

1993: Tokan Kogyo Co., Ltd.

Hi-Pet was developed to offer a new,environmentally-friendly material for familiar foodand beverage cans. It is primarily used as thebase material for TULC (Toyo Ultimate Can).

Reduced-volume collapsible
bottles
These collapsible bottles featureenvironmentally conscious design
with less raw materials and can beeasily crushed for disposal. They are used for detergents, etc.

Toyo Seikan Co., Ltd.

Oxyblock(heat-resistant multilayer
PET bottles)
Oxyblock bottles feature a twomaterial, five-layer structure
consisting of PET resin andToyo Seikan’s proprietary barriermaterial that protects thecontents from oxygen, offeringsuperior quality preservation
property.

Strap band
Closure and band connected toprevent the closure from falling off
when opened.

2013: Toyo Aerosol Industry Co., Ltd.
Hair dye (DUAL)
DUAL hair dye adopts a system thatenables two types of liquid contents to be
filled separately in a single aerosol can, andto be mixed and discharged simultaneously.

1994: Toyo Seikan Co., Ltd.
Oxyguard (for cooked rice)
Oxyguard has a good preserving property with
its ability to scavenge oxygen by itself.

1980s

2010: Tokan Kogyo Co., Ltd.

2010s -

1990s

2000s

1997: Nippon Closures Co., Ltd.

2007:

Smooth Pull-hinges

Caps and spouts for pouches

Fine Cast Film (for optics)

KINUHARI

Plastic closures used on
the bottles for seasonings
and condiments, etc.,
whose lid is opened bypulling and tearing off
the thin-film part using apull-ring.

Now widely used for such products as jellies,
drinks and liquid meals.

Applying the technology developed
for functional film for packaging,
this film has been adopted forflat-panel displays for televisions,smartphones, etc.

KINUHARI enables original designs to be printed on stockbottles, and customers can purchase bottles with their chosen
design by order lots as small as one case.

1989: Nippon Closures Co., Ltd.

2014:

Toyo Glass Co., Ltd.

1997: Nippon Closures Co., Ltd.
NC-Flap

2009: Toyo Seikan Group Holdings

Plastic closures with a tamper-evident band thatremains around the bottle neck after opening,
indicating whether or not the bottle has been
opened.

n-FAS (nano-FAS)

1999: Tokan Kogyo Co., Ltd.
Embossed paper cups
Two-layer paper cups with an outer
embossed sleeve wrapped around theinner cup. Bowl-type designs are mainly
used for cooked rice dishes, and cup-type
designs are widely used at convenience
stores and coffee shops for serving hot
beverages.

10 Toyo Seikan Group CSR REPORT 2017

Toyo Kohan Co., Ltd.

Tokan Material Technology Co., Ltd. (TOMATEC)
A silver antimicrobial material jointly developed by Toyo SeikanGroup Holdings and TOMATEC. It enables uniform dispersal ofsilver nanoparticles, and shows promise for a diverse range ofapplications as deodorizer and antimicrobial material.

2014: Toyo Seikan Co., Ltd.
OXYDECOXYDEC film has an oxygen
scavenging layer inside barrier
layer to prevent penetration ofoxygen from outside and absorb
residual oxygen inside.

Toyo Seikan Group CSR REPORT 201711

CSR Management of Toyo Seikan GroupThe Toyo Seikan Group has established “Management Philosophy of Toyo Seikan Group” in 2016. Under
this Management Philosophy serving as the Group’s common direction, we will exercise our collective
power, looking to the next 100 years.

Basic CSR policy of the GroupThe Toyo Seikan Group defines CSR as “a commitment to contribute to the happiness and prosperity of mankind
through sincere and fair business activities.” All employees of the Group understand its CSR initiatives and respond toall stakeholders.

All stakeholders

We will respect basic human rights and diversity of all people, communicate faithfully and act with such awareness.
We will provide safe and secure
products, system and services toensure customer
satisfaction.

We will conduct impartial,
fair and transparent
business activities always
with good ethics.

Customers

Business
partners

Employees

Localsocieties

Toyo Seikan GroupWe will strive to enhance Shareholders
corporate value, and manage andanddisclose information investors
appropriately.

We will create a safe, hygieneand vibrant workplace.

We will co-exist harmoniouslywith local societies andpromote interaction withlocal communities.

We will actively strive to preserve
Globalenvironment the global environment and improve
environmental quality.

Group CSR promotion framework
The CSR Promotion Committee was established to promote CSR management for the entire Group.
The Committee is chaired by the President of Toyo Seikan Group Holdings, Ltd., and comprises of its officers and thePresidents of each operating company as committee members.

Our basic philosophy
In 1933 our founder Tatsunosuke Takasaki documented
the founding principles as basic philosophy in thehandbook named “The Mission of Toyo Seikan”, anddistributed it to shareholders, employees, and industry
participants. Since then, the Toyo Seikan Group has
fulfilled its mission based on such basic philosophy. The
Group’s essential CSR spirit is found there.

12 Toyo Seikan Group CSR REPORT 2017

1. Our objective is to bring happiness to mankind.

Toyo Seikan Group Holdings, Ltd.

2. Purpose of our business is not just to gain profit.
Profit is a result of our hard work and not our
main aim.
3. Each of us must incorporate a sense of service
in our work. Exercise this sense collaboratively
and strive to ensure the prosperity of ourbusiness partners in the same way as we would
for ourselves.

Board of Directors

Management Executive Meeting
Management Strategy Meeting

Audit and Supervisory Board

PresidentGroup CSR Promotion Committee
Group Risk Compliance Committee
Group Environment Committee

Toyo Seikan

Toyo Kohan

Tokan Kogyo

Nippon Closures

Toyo Glass

Toyo Aerosol
Industry

Tokan Material
Technology

Toyo Seikan Group CSR REPORT 201713

Environment

Global Environment

Environmental Policy and FY2050
Long-Term Goals
The Toyo Seikan Group established an environmental
policy in 2002. Since then, the Group has been actively
working on the protection and quality improvement of the
global environment through its business activities.
In 2015, the Group fully revised its Environmental
Vision and set a new Long-Term Goal, looking towards
2050, and took the next step for the realization of asustainable society.

The Toyo Seikan Group has formed a Group
Environment Committee (chaired by the President of Toyo
Seikan Group Holdings, Ltd.), and has been promoting
environmental management on a Group-wide basis.
Deliberations and resolutions concerning groupwide environmental management initiatives are carriedout at the biannual Environment Committee meetings.
Progress is managed through administrative officeliaison meetings, which are held five times a year. EachGroup company takes initiatives based on decisions
by the Group Environment Committee to promote theirenvironmental management activities.
Toyo Seikan Group Environmental Management System
Toyo Seikan Group Environment Committee
Chairman: President of Toyo Seikan Group Holdings, Ltd.
Members: Corporate officers with responsibility for environmental
issues from each committee member company

Environmental Philosophy

All Toyo Seikan Group companies are working towards the realization of its Group Environmental Vision by achieving
goals based on the ECO Action Plan; a set of specific mid-term environmental goals.

Toyo Seikan Group will contribute to the improvement of
the lifestyle of human beings, strongly recognizing thatthe protection and quality improvement of the global
environment are the most important common issues,
while paying careful consideration to the environment inTokan Material
Technology

ECO Action Plan 2022: Mid-Term Environmental Goals and State of Progress
FY2022

Environmental Vision

Environmental Vision

1) “Low-carbon Society” where CO2 emission issignificantly reduced2) “Resource Recycling Society” where limited resources
are effectively used
3) “Harmonious Society” where blessings from nature

1) "Low-Carbon Society"where CO2 emission issignificantly reduced

FY2016

Mid-Term Goal

Single Year Goal

Actual results (Main initiatives)

Assessment

Reduce CO2 emission by 14%

zzReduce CO 2
emission by 5%
zzReduce energy
consumption
by 3%

CO2 emissions: reduced by 9.1%
Unit energy consumption: reduced by 4.8%
Through various initiatives with energy-saving outcomes such as
renewing and replacing equipment, consolidating and/or
decommissioning manufacturing lines and increasing production
efficiency, the Group has achieved its goals for reducing CO2
emissions and energy consumption.

★★★

zzReduce material
input by 1%

Material input: reduced by 0.8%
By reducing the weight of its containers and various otherproducts and improving the yield rate of its production processes (i.e.
reducing the percentage of defective rejects), the Group
succeeded in reducing specific material input, but fell short of its
1% target.
The Group has also improved the percentage of gross productweight with respect to gross raw material input (i.e. materials
usage rate) by approximately 2 points, and is endeavoring to makemore effective use of resources.

★★

Emissions and transfer amounts of chemical substances
under PRTR law: increased by 6.2%
The Group has made major advances in moving away from the useof toluene in the inks and solvents used in the printing processes
for its film-type products. However, the increase in waste plating
solution output in the course of process control activities carriedout to cater to quality requirements for some of the Group’s otherproducts had a significant impact, resulting in total emissions andtransfer amounts of PRTR-listed substances exceeding the target
value.

★

every aspect of its corporate activities.

Reduce material input by 3%

2) "Resource Recycling
Society" wherelimited resources are
effectively used

Promote green procurement ofpurchasing materials

can be indefinitely enjoyedEnvironmental Action Policy

Reduce environmental risk

1. Aim for the best mix of environmentally friendly energy
sources, while ensuring energy conservation.

Reduce environmental pollutant zzReduce emission
and transfer
Increase purchase of certified
amount ofproducts
chemical
substances
Promote communication with
under PRTR Law
external parties
by 5%
Promote biodiversity
conservation

2. Promote the reduction and recycling of emissions,while maintaining resource conservation.
3. Advance environmentally friendly product andtechnology development as well as productmanufacturing in the life cycle.

3) "Harmonious Society"where blessings fromnature can beindefinitely enjoyed

4. Seek to reduce the use of materials that have a large
environmental impact, while switching to alternative
materials.

Assessment: ★★★ Achieved

5. Promote the prevention of environmental pollution.

Environmental Impact Resulting from Business Activities

6. Work on mutual understanding by proactively
communicating with stakeholders regarding
environmental issues.

★★ Nearly achieved★Not sufficiently addressed

Base year: FY2013

The Toyo Seikan Group endeavors to ascertain overall amounts of group-wide material inputs and outputs, and is
working to reduce its environmental impact.

Toyo Seikan Group FY2016 Material Flow (for Japanese business locations)
FY2050 Long-Term Goal
1) Aim for 50% reduction of CO2 emission by FY2050*
2) Reduce to the maximum extent the use of newmaterial resources, and strive to replace with recycled
or recyclable materials

Subsidiary group companies

Toyo Aerosol Industry
Subsidiary group companies

Subsidiary group companies

Nippon Closures
Subsidiary group companies

Tokan Kogyo

Toyo Glass

Environmental organizations
at each company

Subsidiary group companies

Toyo Kohan
Subsidiary group companies

Toyo Seikan
Subsidiary group companies

Toyo Seikan Group
Holdings
Subsidiary group companies

14 Toyo Seikan Group CSR REPORT 2017

ECO Action Plan 2022: Mid-Term Environmental Goals and Progress

Toyo Seikan Group will, leveraging all its pro-prietaryand global technologies, contribute to achieving
sustainable society from 3 perspectives in the value
chain of products/services/systems we provide.

Group environmental management
framework

Administrative office

Toyo Seikan Group Environmental Policy

Global Environment

Global Environment

We will actively strive to preserve the global environment and improve environmental quality.

3) Contribute through products and services to thecreation of a society where humans and all other living
things on the planet can co-exist indefinitely, bearing
in mind product life cycles spanning procurement,
development, manufacturing, sales and customer
service stages* Using FY2013 as the reference year

INPUT

OUTPUT

Input amounts of energy, etc.

Electrical power: 1,765 million kWh
Fuel:
205 thousand kl
Water usage:

Rawmaterial
input

21.3 million m³

Metallic materials:
Plastic materials:
Paper, etc.:
Glass raw materials:
Other:

898,000 tons
393,000 tons
446,000 tons
485,000 tons
103,000 tons

Amount of waste sent for final
processing: 12,000 tons

Total output of waste, etc.: 276 thousand tons

Total energy usage: 24.9 million GJ

Toyo
SeikanGroup
Business
Activities

Emissions and transfer amounts of chemical
substances (listed under PRTR law): 558 tons
CO² emissions (factories and office locations):
1,432,000 tons

Products Metal cans:

Plastic products:
Paper products:
Glass products:
Cap-type products:
Metal sheet products:
Materials:
Machinery:

254,000 tons
284,000 tons
386,000 tons
378,000 tons
66,000 tons
486,000 tons
203,000 tons
1,200 tons

Amount of resources recycled:
264,000 tons

Customers
Logistics
Transport distance: 113 million km
CO2 emissions: 98,000 tons

Toyo Seikan Group CSR REPORT 201715

Environment

SocialRelationship with the Global Environment

Quality Assurance System

Towards a Recycling-Based Society

Quality Assurance System

Initiatives at Business Companies

Initiatives to Reduce CO2 Emissions

Initiatives to Reduce Waste Output

In FY2016, the Toyo Seikan Group achieved a 3.3%
reduction in total CO2 emissions for its Japanese andoverseas business locations (in comparison with theprevious fiscal year). Around 20,000 tons of this 57,000ton reduction was accounted for by the change in unit
electrical power consumption (emission factor by powercompany operator). Additionally, by switching to a clean
energy power contract, one factory was able to reduce
its emissions by 5,500 tons. The remaining 32,000 tons
represent the actual reduction in emissions.
For example, some factors to which this reduction canbe attributed include the beneficial effects of renewing
and/or replacing equipment (such as hot and cold
water generators for air conditioning, refrigerators, highpressure air compressors, cogeneration equipment
and lighting equipment (by conversion to LED lighting,etc.)); and improving equipment and facilities (such as
by exhaust heat recovery, exhaust gas recirculation,effective use of surplus air and aggregation of ancillaryequipment).
Also in comparison with the target reference year
FY2013, the Group has successfully achieved a significant
reduction (9%) in emissions. Moving forward, the Groupwill continue working to reduce its CO2 emissions throughvarious initiatives with energy-saving outcomes including
renewing and/or replacing equipment, consolidating
and/or decommissioning manufacturing lines, increasing
production efficiency and improving yield (i.e. reducing
the percentage of defective rejects).
To achieve further reductions towards the future, it will beessential to switch to renewable energy. The Group has
already begun considerations towards the introduction ofsolar photovoltaic energy generation.

The Toyo Seikan Group endeavors to make effective
use of limited resources and reduce waste output, and isengaged in proactive efforts to implement recycling withregard to unavoidable discharges of waste matter.
While the total amount of waste and other materials(including valuable resources) output by the Group’s
Japanese business locations in FY2016 increased by
5% in comparison with the previous fiscal year, partially
due to the increase in total production volume (i.e. grossproduct weight), the amount of discharged material
sent to landfill (including simple incineration) actually
decreased by 5%. In particular, through initiatives toimprove dehydration rates (i.e. reduce the percentage
of water content) for waste acids and polluted sludge(materials which conventionally have been difficult torecycle into reusable resources) and reducing discharges
by improving process yields, the Group has successfully
reduced landfill waste output by 700 tons.
As shown in the figure, the Group’s recycling rate for
output materials (i.e. amount of recycled material overgross output) is increasing year by year. In FY2016, it was
improved to 95.6%. In order to achieve further reductionsin the amount of landfill waste it produces, the Groupis working to ensure through separation of waste, andconsidering new methods of recycling in cooperation
with waste-processing business operators.
The Group is also engaged in efforts to achieve zero
emissions at each of its business locations. In FY2016,
the Group successfully achieved zero emissions at 130 of
its 189 Japanese locations, with a recycling rate of over99%.

The Toyo Seikan Group’s quality assurance systems
are used to manage and operate the business activitiesof each Group company. To appropriately respond tothe confidence of customers with the spirit of superior
quality, inexpensive prices and swift supply, all of whichhave been hailed as qualities that the Group should aim
to achieve since the time of its initial founding, the Group
companies work constantly to ensure and improve
quality to match the standards of the times with regard
to all processes; including development, procurement,
manufacturing, sales and services.

With regard to Quality Management (ISO9001),
Environmental Management (ISO14001) and Food
Safety Management (FSSC22000) systems, Toyo Seikan
Co., Ltd. began operation of these systems at multiple
sites as of June 2013, while Toyo Glass Co., Ltd. began
operation at multiple sites as of January 2015; obtaining
certification by combined screening.
Through management system integration, the Group
has now reduced overlaps in work duties, expanded its
focus from individual optimization to overall optimization,and created a more “lively” system that fuses the
management systems with the Group’s actual businessactivities; and is promoting manufacturing that will further
gain the trust and confidence of its customers.

Change in CO2 emissions(Thousand tons)

Japan

Change in output of waste, etc. (Japanese business locations)
Overseas(Thousand tons)

1,814
1,500

Gross output

Landfill waste

Recycling rate

400

2,000

1,469

209

1,575

1,763
221

108

1,706
1,649
217

300

216

273

270

264

263

270

1,542

1,489

1,432

1,560
94.2

500

100

0

0

2011

2012

2013

16 Toyo Seikan Group CSR REPORT 2017

2014

2015

2016

94.5

94.9

95.1

95.2

98

276

263

200
1,467

ACTION

95.6

96

94

2022 (Fiscal year)(Target)
400
320

16

14

14

13

13

13

2010

2011

2012

2013

2014

2015

12

92

2016 (Fiscal year)

DO

ACTION

E

PLAN

DO

FS

ACTION

CHECK

CHECK

CHECK

Q (Quality)

E (Environment)

FS (Food Safety)

DO

PLAN

Constructing Management Systems
Each of the Toyo Seikan Group’s operatingcompanies has constructed a Quality Management
System in accordance with the ISO9001 standard, andis working to ensure and improve quality. Companies
engaging in the manufacture and sale of containers forfood products are also sequentially constructing Food
Safety Management Systems in line with the FSSC22000
廃棄物排出量の推移
standard, in order to offer products that guarantee safety
（千トン）
総排出量
再生化量
埋立量
and peace of mind and to improve the level of customer
2,000
satisfaction across the Group’s entire food chain.
264 251

263 249

270 257

270 257

14

0

2011

Q
DO

SharedACTION

E

FS
CHECK

000 000

Technology Development Initiatives

1,000
500

95.1

Q

PLAN

Integrated total management system operation (TMS)

1,500

1,000

1,367

PLAN

-14%

102

1,605

(%)
100

Individual operation of management systems

Together with Our Employees

Towards a Low-Carbon Society

Quality Assurance System

Global Environment

The Toyo Seikan Group endeavors to develop and provide products, systems and services that cater tothe needs of its customers and wider society, through the effective utilization of experience, technologies
and know-how accumulated over many years in the industry.

To attain even greater satisfaction and confidence from
14 customers,
13
00
its
the13 Toyo SeikanGroup is engaged in
2012research2013 and development
20142015 efforts(Fiscal year)
to develop products,
technologies, systems and services with high addedvalue, to cater to the diversifying needs of the packaging
and container market. The Group is also working tocreate new markets and new businesses by utilizing
technologies both new and old, accumulated over many
years in the industry.

Technology
Q Development Framework
At the Toyo Seikan Group, the development divisionsof each operating company (including Toyo Seikan’s
Q
Technical Headquarters, Toyo Kohan’s Technological
Laboratory, Nippon Closures’ Technical Development
Center and Tokan Kogyo’s R&D Center, and centered
Sharedprimarily around the various divisions of Toyo SeikanGroup Holdings that have development functions) areE
FS
engaged in various collaborative technology development
efforts.

Toyo Seikan Group CSR REPORT 201717

SocialSocialQuality Assurance System

Together with Our Employees

New Business Initiatives
in various fields; aiming to create new businesses that
could potentially become core businesses for the next
generation, in areas such as life sciences and healthcare/ medical treatment, electrical and electronic engineering,
information technology, telecommunications, energy andthe environment.

CANACCS®

GenoGate ®

Silicagrin®

(High-effi ciency automated cell culture system)(Food hygiene tests utilizing DNA chip technology)(Gradient index micro lens)®

C A N A C C S i s a n a u to m a te d c e l l c u l t u r esystem for cultivating floating-type cells. It isbeing developed mainly with a view toapplications in activate autologous lymphocyte
therapy, an immune cell therapy that shows
promise in preventing the reoccurrence andinhibiting the advance of cancer.

TOPICS®

GenoGate is a completely new DNA-based
screening and inspection system that utilizes
n e w l y d e v e lo p e d high-p e r f or m a nc e DN A
chips and microorganism control technologies
to detect potentially harmful microorganisms.

Silicagrin is a quartz-type micro GRIN (gradientindex) lens with refractive index distribution int h e r a d i a l d i r e c t i o n, d e v e l o p e d u t i l i z i n g
k n o w l e d g e o f gl a s s m a te r i a l s a n d gl a s scomposition design technologies.

Approval for Domestic Sale of Gene Analysis Kits in JapanThe GENE SILICON DNA Chip Kit UGT1A1, a gene analysis kit
developed by Toyo Kohan in collaboration with Yamaguchi University,
obtained pharmaceutical regulatory approval on December 12, 2016.
The kit, which was developed using Toyo Kohan’s own proprietary
materials and surface-processing technologies, will be used to
conduct genetic analyses to determine whether patients who arescheduled to be treated with irinotecan hydrochloride hydrate (aA scene from the press conference
chemotherapy drug) are at risk of developing side effects.
In response to the kit receiving pharmaceutical regulatory approval, a press conference andpresentation was held at Yamaguchi University on January 16, 2017, to announce the news toreporters. For Toyo Kohan, this announcement represents a full-blown advance into the medical
treatment field. The press conference was attended by reporters from numerous news and media
outlets, and a high level of interest was displayed towards this newly developed product.

Group-wide Common Educational Training Framework Diagram
Yamaguchi University President, Masaaki Oka (center), Toyo
Kohan President, Hirohiko Sumida (to his left) and Managing
Director, Toshinori Moriga (front row, far left)

Analyzing the risk of patients developing side effects to their medication
Gene analysis kit

Specialized detection device

2

Diagnostic information (i.e.
predictions regarding possible
side effects) obtained before
administering medication

High-precision analysis

Analysis is possible evenwith small sample
amounts
4 Analysis can be
performed in a shortperiod of time
(four hours)
3

Genetic determination

Next
Generation
Management
Personnel
Development Training

Multi-genotype analysis
The kit analyses multiple
genotypes simultaneously

Before administering
the medication(irinotecan anticancerdrug), we use the kit todetermine the risk ofside effects.

Programs inside boxes are conducted as group-wide joint programs

POINT
1

DNA chip

The Toyo Seikan Group promotes internal interactions
and exchanges in relation to human resources
development. The Group conducts numerous group-wide
shared mass-education and training programs including
the following: Next Generation Management Personnel
Development Training, aimed at management personnel;
the Toyo Seikan Group Business College (TSGBC), forselected members with the purpose of developing the next
generation of leaders; the Technical Leaders Program (TLP)
for young technically oriented leaders based on MOT (afusion of technology and business management); LogicalThinking Training, for personnel to learn logical thinking
methodologies; and class/rank-specific training for newly
appointed department managers, section managers andassistant managers. In addition to these programs, asa means of supporting the personal development of its
employees, the Group has also established a scheme forsubsidizing the full amount of course fees for employees
completing distance learning courses. In FY2016, a totalof 3,405 applications were received from companies
across the entire group.
By advancing group-wide collaborative HR development
initiatives such as these, the Toyo Seikan Group is working
proactively to develop its human infrastructure, such as byfostering a feeling of unity that transcends the boundariesof the individual Group companies, and encouraging thedevelopment of inter-personal networks.

TSGBC

Training seminars for newly appointed
department managers
Distance learning and training
seminars for newly appointed
section managers

TLP

Comment from a TLP trainee
TLP training enabled me to become familiar with the technologies
and people of the various Toyo Seikan Group companies throughpractical exercises, to step away from my day-to-day work duties,
and to talk freely with other employees about our ideas. It wasa stimulating experience for me. It also enabled me to acquire
practical execution capabilities for creating new businesses andto experience and understand methods for transforming ideas into
actual business operations. I want to make use of the connections
I made and things I learned during this training in my future
development duties, so that I can make even a small contribution
to the advancement of the Group.

Yuuki Itoh
Inspection Epuipments Group
Technical Department
Development Division
Toyo Glass Co., Ltd.

Global Human Resources Management
The Toyo Seikan Group has 153 employees currently
posted abroad at 40 overseas business locations,primarily in countries such as Thailand and China.
To develop human resources that can make active
contributions globally towards the further development
and expansion of its overseas business operations,
the Group provides language learning support for its
employees, and conducts training for its overseas
employees in Japan.

Distance learning and training
seminars for newly appointed
assistant managers

Overseas locations: 40 / Employees posted overseas: 153
Breakdown by
country

Training for mid-career employees
Logical Thinking, Presentation & Facilitation Training(for employees in their third year after joining the company)

New employee training

18 Toyo Seikan Group CSR REPORT 2017

A scene from the final report / presentation meeting of TLP training

Together with Our Employees

Together with Our Employees

New businesses that the Toyo Seikan Group is developing

Group-wide Collaborative HR Training

Distance learning

Based on the core (and peripheral) technologies
in the packaging and container fields possessed by
its respective Group companies, along with various
solutions capabilities involving the integration of thosetechnologies, the Toyo Seikan Group is working todrive forward cutting-edge technology development

People are the key driving force at the center of the Toyo
Seikan Group’s continuous efforts to contribute to thehappiness and prosperity of humanity. We aim to create aworking environment in which each and every one of ouremployees can always work with vitality and pride.

Quality Assurance System

Quality Assurance System

We will create a safe, hygiene and vibrant workplace.

No. oflocationsNo. of posted
employees

Thailand

8

57

China

14

33

Turkey1

Indonesia

3

Breakdown by
country

No. oflocationsNo. of posted
employees

Malaysia

2

8

United States

3

5

23

Germany

2

5

11

Other countries

7

11

Includes employees from: Toyo Seikan, Toyo Kohan, Tokan Kogyo, Nippon Closures, Tokan Material Technology
and Toyo Aerosol Industry

Toyo Seikan Group CSR REPORT 201719

SocialGovernance

Together with Our Employees

Corporate GovernanceConcept of corporate governanceIn order for the Toyo Seikan Group to raise its levelof corporate competitiveness and to achieve lastingdevelopment and advancement, every employee must
make full use of his or her own abilities and strive to achieve
individual growth while at the same time contributing to
the growth of the Group. We run diversity management
initiatives with the aim of creating an organization in which
each and every employee recognizes the individualityof his or her fellow employees, makes effective use ofdiverse values, ideas and realizations, and links thesewith actual results and achievements. The first step is inpromoting active involvement of female employees.

The Toyo Seikan Group is continuously working with the aimof creating a safe and secure working environment where all
employees can work in health, safety and peace of mind.
The Group engages in continuous and proactive
safety activities, centering primarily around committeeorganizations at each respective group company, basedon action plans incorporating workplace safety patrols,
measures to prevent future reoccurrences of accidents ordisasters similar to those which have occurred in the past,
KY (kiken yochi, meaning “danger and/or risk prediction”)
activities and various other safety activities. We also
engage in hygiene activities based on annual actionplans that include precautions to prevent occupational
and lifestyle-related illnesses and measures to safeguard
the mental health of our employees.

Ever since its foundation, Toyo Seikan Group Holdings(the “Company”) has been working to improve corporate
value under the corporate philosophy of “contributing to
the society through packaging and containers.” We placea high priority in management on enhancing corporate
governance, and have been addressing it on an ongoingbasis, so that we can flexibly respond to the changing
business environment, and develop and evolve on asustainable basis.
Moreover, we will strive to achieve sustainable growthand increase corporate value by further enhancing
corporate governance based on the Corporate
Governance Code that came into effect on June 1, 2015.

FY2016-2018 Group Policy on Female Employee
Active Involvement Activities

Current situation with regard to female employment
rates (for new graduate and mid-career hires)
FY2015FY2016

Achieving Diversity in the Way We Work
The Toyo Seikan Group is advancing revisions to its
support schemes to enable employees to achieve ahealthy balance between their jobs and childcare and/or
adult caregiving responsibilities.
Number of employees
taking childcare leave

FY2014FY2015FY201635

36

79

Includes employees from: Toyo Seikan, Toyo Kohan, Tokan Kogyo, Nippon Closures and Toyo Glass

36%

Initiatives at Operating Companies

Technical depts

11%

18%

Administrative + technical depts(target: 30% or higher)

20%

27%

Direct manufacturing depts

11%

11%

The number of male employees taking childcare
leave has significantly increased
As of May 2016, Toyo Seikan has been encouraging
employees to take childcare leave by treating certain
types of childcare leave as paid leave, regardless ofwhether the relevant employee is male or female.
Due to the introduction of this scheme, the numberof employees beginning childcare leave during FY2016
rose to 40, with 15 of those employees being male. (Thenumber of male employees taking childcare leave in
FY2015 was only one.)
With this being the first year of the new scheme, thecompany made meticulous efforts to cater to employees,
such as by providing information on an individual basis toemployees who were due to begin maternity leave. Moving
forward, the Group will continue to link this scheme on tobeneficial effects in each workplace, such as creating an
atmosphere and working environment that encourages
employees to make use of childcare leave.

Employee numbers (at the end of each fiscal year)
FY2015FY2016

Number of employees

8,169

7,539

Proportion of female employees(overall)

12.2%

12.0%

Administrative + technical depts

18.8%

18.1%

Proportion of female employees inmanagement roles(section manager and above)

2.1%

2.5%

Includes employees from: Toyo Seikan, Toyo Kohan, Tokan Kogyo, Nippon Closures, Toyo Glass andToyo Seikan Group Holdings

TOPICS

Summer Festival Held at Shiga Plant

In August 2016, Toyo Glass’ Shiga Plant held a summer festival event. On the day, around 190 participants(consisting of employees and their families) took part in the festival in search of cooling relaxation.
Twelve varieties of traditional stalls were on offer, from food stalls—serving festival favorites such as panfried yakisoba noodles, karaage-style fried chicken and frankfurter sausages—to game stalls for children
to enjoy including candy-fishing, bouncy-ball scooping and a lucky dip draw. The festival was a lively andbustling event enjoyed by all.

20 Toyo Seikan Group CSR REPORT 2017

The Company has implemented the Operating
Officer system with the aim of clearly distinguishingmanagement’s decision-making and supervisory
functions from the business execution functions, while
ensuring management efficiency and flexibility. To
appropriately and promptly establish basic management
guidelines, determine various measures and aggressively
promote management activities, “Management Strategy
Meeting” is held once a month, comprising full-time
Directors, CFO, CTO, Senior Executive Officers andExecutive Officers. Furthermore, the “Management
Executive Meeting” is, in principle, held twice a month,and attended by full-time Directors, CFO, CTO, Senior
Executive Officers and the Presidents of major groupcompanies.

Corporate governance system
The Company’s Board of Directors (the “Board”) is
composed of eleven (11) Directors, of whom four (4) are
independent Outside Directors, representing more than
one-third of the Board. The Board generally meets oncea month and holds extraordinary meetings as and whennecessar y to make decisions on important mattersregarding management and other company related
issues. To clarify Directors’ management responsibility
and to flexibly establish a management framework thatcan promptly respond to the changing businessenvironment, the term of office for Directors is set at
one year. The Audit and Supervisory Board is composedof five (5) Audit and Supervisory Board Members, ofwhom three (3) are independent outside members. The
Audit and Supervisory Board generally meets once amonth and holds extraordinary meetings as needed.
The three (3) Outside Directors and three (3) Outside
Audit and Super visor y Board members have beenreported to the Tokyo Stock Exchange as independent
Officers.

Internal audit
To ensure that business activity fully complies withlaws and regulations and to improve management
efficiency, the Internal Audit Office is placed under the
direct supervision of the President as an internal auditing
department. We aim to improve the internal control
function by periodically auditing the development andmanagement of the internal control system at all Toyo
Seikan Group companies.

Risk Management

17%

31%

Overall

Strategic planning and execution by theManagement Strategy Meetings

Corporate governance system
General Meeting of Shareholders

Election and Dismissal

Election and Dismissal

Election and Dismissal
Board of Directors
Internal
Audit Office

Representative Directors
Management Executive Meeting
Management Strategy Meeting

Audit

Group CSR Promotion Committee
Group Risk Compliance Committee

Operating Officers

Group Environment Committee

Accounting Audit

Accounting Auditor

15%

Administrative depts

These outside Directors and outside Audit andSupervisory Board Members actively express opinions
at the Board of Directors, and active discussions basedon such opinions have enabled the effective operationof the Board of Directors. Management surveillance
function is ensured based on the monitoring by outside
Directors and outside Audit and Supervisory Board
Me mb e r s f rom the ir inde p e nde nt a nd ob je c ti ve
viewpoints, and through deliberation by shareholdersof the proposal for appointing Directors every year.

Compliance

Female employment rate 30% or higher (excludes
manufacturing and factory/on-site roles for the time
being)
Display a proactive stance towards public announcementof information
Promote activities across the Group

Audit and Supervisory Board

Together with Our Employees

Health and Safety Activities

Outside Directors’ Initiatives
for Enhancement ofCorporate GovernanceDiversity Management

Corporate Governance

Quality Assurance System

We are striving to enhance corporate governance to conduct faithful and fair business.

Respective Divisions

Collaboration

Toyo Seikan Group CSR REPORT 201721

GovernanceOutside Directors’ Initiatives
for Enhancement ofCorporate Governance

Kei Asatsuma

Outside Director

Outside Director

Things That I Strive to Do

Board Meetings

The Board meetings are conducted in an open
atmosphere where every participant can speak without
hesitation. The Chairperson strives to listen fully to what
everyone is saying, and proactively seeks opinions evenwhen no objections are made, from which I can see his
attitude to try to incorporate not only internal but also
external opinions. The Board is a place for decision
making, however, when discussion is insufficient, theChairperson flexibly stimulates the discussion, saying,“Let’s discuss it again,” which is impressive to me.
In the past, we discussed business operations at thestage when the direction of a plan had already been
determined. Now, we are able to be involved in suchdiscussions from the planning stage. I therefore want totake such opportunities to reflect my outsider’s opinions
in the plan, based on my understanding of the overallbusiness flow.

The important thing for us as outside directors is toexpress opinions from the outsider’s perspective so as
to prevent the interests of the stakeholders from being
damaged. As a person involved in the engineering field, I
strive to be aware of company trends, while tracking theoverall business flow from a technological aspect and, as auniversity professor, to contribute to the Group in terms ofdevelopment and exchange of human resources.
Currently, as part of the Group’s growth strategy, we
are required to seek expansion opportunities abroadfor existing businesses, while also developing new corebusinesses. It is my understanding that the Group’s
engineering and mold businesses have recently entered a
new phase, along with Stolle and Fuji Technica & Miyazu
joining the Group. Generally, the automotive and electronic
components industries are said to be more volatile thanthe beverage and food industries, which are the main
customers for the packaging industry. I want to connect
my technological knowledge obtained at university to
Board meeting discussions so that the Group may createa business portfolio where it may invest its resources toachieve significant growth during the upward phase, while
maintaining a stable business during the downturn phase.
For personnel development and personal exchanges, I
want to support the research and development departments
so that they can proactively publish the results of theirresearch. This is because releasing information at academic
conferences brings about the inflow of information and an
extensive network of connections.
Personal exchanges with universities are also important,and have already been carried out in certain fields. If corporate
scientists participate in university labs and conduct research
there with scientists from other companies, their networks
will expand. More companies use such networks whendeveloping a new business together with other companies.
Going forward, I will encourage such exchanges with
universities at the Toyo Seikan Group as well.

The Board meetings are conducted in an open
atmosphere where participants can express theiropinions freely, and I too have frequently spoken at Board
meetings since right after my appointment in 2016. WhenI remain silent with no differing opinions regarding policies
on legal issues, the Chairperson occasionally encourages
me to express my opinions on the matter. I feel this reflectsthat the Chairperson is constantly conscious of how theGroup appears to their outsiders, in order to prevent theBoard from being self-righteousness.

Follow-up System
From right after my appointment, I started to visit
many of the Group’s plants, including those locatedoverseas. They were extremely useful in deepening myunderstanding of the Group’s business operations. The“Three ‘G’ Principles” within Kaizen is a common phrase
in Japan used to describe Genba (the actual place),
Genbutsu (the actual thing) and Genjitsu (the actual
situation). I believe that we can actually gain a first-handunderstanding of the company for the first time after
visiting plants, seeing things with our own eyes andtalking with the employees working there.
The way of providing Board meeting information has
also been improved. As we are now allowed to view
Board meeting materials in advance, we can better
prepare for such meetings.

22 Toyo Seikan Group CSR REPORT 2017

Follow-up System
Since shortly after my appointment in 2016, I havevisited many of the Group’s plants, including thoselocated overseas. They were very useful in deepening
my understanding of business operations of the Group.
It is my understanding that one of the important roles ofoutside directors is to express opinions from the outsider’sstandpoint, so I do not think we are expected to havethe same level of knowledge and experience as internal
directors. However, without sufficient understanding of
the Group’s business operations, we cannot fulfill ourfunction that can be useful for the shareholders. In thissense, plant visits were very meaningful experiences forme who had just been appointed.

Things That I Strive to Do
It is my understanding that the most important role weare expected to play as outside directors is to monitor
the business execution of internal directors from an
outsider’s standpoint, and thereby to strive to preventthe interests of all shareholders from being damaged.
From this perspective, I strive to do the following two
things:

The first thing is to think from the shareholders’ pointof view. The more we understand a company, the morestrongly we tend to be influenced by the corporate
logic. However, if we allow that to happen, we cannot
sufficiently fulfill our role as outside directors. Catering to
the demands of some shareholders does not necessarily
benefit the interests of the entire shareholders. However,I also believe that considerations from the perspectivesof stakeholders other than shareholders, such as
customers, suppliers, local communities, and employees,
should be done so that they will ultimately benefit theinterests of the entire shareholders. This is quite a subtle
judgment, and I strongly believe that the raison d’êtreof outside directors like us is precisely to ensure theappropriateness and validity of such judgment.
The second thing is to ensure a rational process of
discussion and consideration for decision-making by
the Board, so that it would be satisfactory enough evenfor a third party. I think that most agenda items submitted
to the Board have already gone through internal carefulconsideration, but it is my understanding that one of
our important roles as an outside director is to properly
verify that process from the outsider’s standpoint. For
example, whenever the Board makes an important
decision, I focus on points such as: how data has beencollected and research has been conducted before
making the decision, what options have been consideredbased on the collected information and research, what
was the assessment of each option, and whether or not
opinions from experts have been obtained. Furthermore,in such a verification process, I want to make use of myexperiences as an attorney involved in numerous largetransactions between companies both in Japan andabroad.

Toyo Seikan Group CSR REPORT 2017

Risk Management

Board Meetings

Compliance

ComplianceTsutao Katayama

Outside Directors’ Initiatives
for Enhancement of Corporate
GovernanceRisk Management

Corporate GovernanceCorporate GovernanceOutside Directors’ Initiatives forEnhancement of Corporate Governance23

Corporate GovernanceOutside Directors’ Initiatives
for Enhancement ofCorporate GovernanceRisk Management

The Toyo Seikan Group values dignity, and is engaged in daily efforts to ensure fairness and equality
in all aspects of its business activities, so as to appropriately respond to the confidence placed in it bysociety.

The Toyo Seikan Group implements risk management to achieve continuity in its business activities andgreater stability in its management infrastructure.

Always Acting Correctly and with
Humility

Consultation Desk

Initiatives at Operating Companies

In addition to establishing a Corporate Ethics
Hotline and a Sexual Harassment and Interpersonal
Relationships Hotline, as external hotlines for reports
and/or consultations relating to compliance violations,
the Toyo Seikan Group has also established an internal
consultation desk for discussing such matters. As wellas establishing mechanisms to ensure appropriate
handling of reports and consultations and to protect
consultees, the Group also makes employees aware of
the external hotlines by listing them on self-check cards
and so on.

Risk Management at Toyo Seikan and Nippon
ClosuresToyo Seikan and Nippon Closures conduct factory risk
assessment surveys in cooperation with their insurancecompany. Utilizing the outside views of the insurancecompany, these companies prioritize matters that theyshould work towards, and endeavor to reduce risks. In
FY2016, Toyo Seikan conducted surveys at its Ishioka
and Osaka plants, while Nippon Closures conductedsurveys at all of its plants (Ishioka, Hiratsuka, Komaki
and Okayama). Based on these surveys, the companies
implemented measures to visualize fire, explosion andnatural disaster risks. In the future, too, the companies
plan to implement the same measures used in good
examples at other business locations.

In order to ensure that all employees always act
correctly and with humility, the Toyo Seikan Grouphas established a corporate behavioral charter, andcorporate codes of conduct at each of its Group
companies. We also distribute self-check cards to all
employees to promote review and reflection upon theirown past actions.

Group Risk & Compliance Promotion
Framework
The Group has established the following organizational
structure to promote group-wide compliance.
Group Risk Compliance Committee
Chairman:President of Toyo Seikan Group
Holdings, Ltd.

Members:

Directors and operating officers of
Toyo Seikan Group Holdings andpresidents of the seven main groupcompanies

Administrative
office:General Affairs Department & Legal
Department

On October 11,
2016, the Groupinvited an attorney
to act as a lecturer
and opened aGroup ComplianceTraining Seminar,
which was attended
by directors from each group company.

Toyo Seikan Risk Survey Report

Seminar theme: “Group Governance and Risk
Management – From Cases of Recent
Corporate Scandals”

As one aspect of its food defenses, Toyo Glass
conducts identity checks using finger vein authenticationfor entry to rooms in some areas of its factories. In thisway, the company is able
to prevent unauthorized
intrusions of such areas byoutsiders, and deliver safer
products and greater peaceof mind to its customers. Toyo Glass vein authentication system
Awarded Shiga Prefectural Governor’s Excellent
Business Locations Award
Toyo Glass Shiga Plant was awarded a Shiga
Prefectural Governor’s Excellent Business Location
Award, at a Shiga Prefecture Rally for Promoting Fire
Prevention Awareness held by the Shiga Fire Prevention
Safety Association, in recognition of the excellent stateof disaster readinessdrills being carried out,
and maintenance andmanagement of firefighting
equipment at the plant.
We will further improve
fire prevention awarenessand promote fire prevention
Photograph of the presentation of theactivities going forward.
Shiga Prefectural Governor’s Award
Risk Management at Tokan Kogyo

Main Activities Conducted During FY2016
Group Compliance Promotion Month activities
The Group has now designated October of each year as Group Compliance
Promotion Month. In 2016, the Group conducted various compliancepromotion activities in line with common activity themes.

Main Activities Planned for FY2017

Photographs taken at the Toyo Seikan Ishioka Plant during the operation check of
the local exhaust ventilation

Ensuring compliance with the Act Against Delay in
P a y m e n t o f S u b c o n t r a c t P r o c e e d s , E t c., t o
Subcontractors

z Common activity themes:① Respect for human right and individuality (creating a safe and healthy
workplace)② Appropriate management and disclosure of information

Ensuring through understanding of and compliancewith labor law among employees in management
positions (work time management, etc.)

Nippon Closures Okayama Plant
Risk Survey Report

Nippon Closures Ishioka Plant Risk
Survey Report

Example of a good initiative at
Nippon Closures’ Okayama Plant: theadoption of a spray-type switchingnozzle for the fire hydrant equipment
outside the plant promises to enablesafe and effective delivery of water tothe base of any fires at the plant.

Example of a good initiative at
Nippon Closures’ Okayama Plant: byequipping ladders with helmets andchains, the plant is able to reduce therisk of falls and restrict unnecessary
access to high-up work sites.

z Held Group Compliance Training Seminarz Requested submission of written pledges on ethics and legal
compliance

Compliance education and training

Held legal training seminar for newly appointed Group offi cers

Group Compliance Promotion Month activities

Promoted global compliance
Implemented measures towards the elimination of antisocial forces(gangs, etc.)

24 Toyo Seikan Group CSR REPORT 2017

Gathering and proactive communication of
information regarding compliance

To notify employees of the existence of an internal
consultation desk in addition to external hotlines, Tokan
Kogyo has created original posters and displayedthem at its facilities. The group leader of General
Affairs Department at each business location assumes
the role of the counselor for each consultation desk,
responding promptly tovarious problems in theworkplace by answering awide array of consultations;
ranging from concerns
aboutinterpersonal
relationships in theworkplace to opinions
regarding compliancepromotion
activities.
Counselors also undergo
specialist
training
toenable them to respond
appropriately to various Original poster for an internal consultation
desk
consultations.

Toyo Seikan Group CSR REPORT 2017

Risk Management

Risk Management

Group Risk & Compliance Subcommittee

Group Compliance Training Seminar

Risk Management at Toyo Glass

Compliance

Compliance

Compliance

Outside Directors’ Initiatives
for Enhancement ofCorporate Governance

GovernanceCorporate Governance

Governance25

Toyo Seikan Group Companies:

100 (Japan: 47, Overseas: 53)
Tokan Kogyo Co., Ltd.
Manufactures and sells paper and plastic packaging products

As of June 30, 2017

Nippon Tokan Package Co., Ltd.

: Consolidated subsidiary

ICHINOSE-TRADING CO., LTD.
Sells glass bottles and accessories

Manufactures and sells cardboard products and paperware

Toyo Seikan Group Holdings, Ltd.

Toyo Kohan Co., Ltd.

Holding Company

Manufactures and sells tinplate, cold rolled steel, and surface-treated steel sheets
Manufactures and sells substrates for magnetic disks, functional films for opticalapplications

Toyo Seikan Co., Ltd.

TOSHO GLASS CO., LTD.
Sells glass products

Toyo Unicon Co., Ltd.

Toyo Aerosol Industry Co., Ltd.

Manufactures and sells corrugated plastic products

Contract manufacturing and sales of aerosol and general aseptic filling products

Tokan Kosan Co., Ltd.
Manufactures and sells films for agriculture

FUJI TECHNICA & MIYAZU INC.

Tokan Takayama Co., Ltd.

Manufactures and sells stamping dies for car bodies and various molds

Manufactures and sells paper container and lid products

Kohan Shoji Co., Ltd.

Tokan Logitech Co., Ltd.

Toyo Filling International Co., Ltd. (Thailand)
Contract manufacturing and sales of aerosol products

Toyo & Deutsche Aerosol GmbH (Germany)
Manufactures and sells aerosol products

Manufactures and sells various kinds of cans and containers and filling
equipment

Honshu Seikan Co., Ltd.

Sells steel sheets and their processed products

Trucking and warehousing

Tokan Material Technology Co., Ltd.

Manufactures and sells 18 liter cans, metal cans and general line cans

Kohan Kogyo Co., Ltd.

Sunnap Co., Ltd.

Manufactures and sells frit products, pigments and gel coat

Nippon National Seikan Co., Ltd.

Manufactures and sells steel bands, automatic binders, hard alloys andmanufactures magnetic disk aluminum substrates

Manufactures and sells beverage cans

Ryukyu Seikan Kaisha, Ltd.
Manufactures and sells metal cans and plastic bottles

PET Refine Technology Co., Ltd.
Recycles PET bottles

Toyo Seihan Co., Ltd.
Manufactures and sells printing plates for printing metal and film

Fukuoka Packing Co., Ltd.
Manufactures and sells sealant for metal, plastic and glass containers

TM Pack Co., Ltd.
Manufactures and sells beverage PET bottle products

Toyo Seikan Group Engineering Co., Ltd.
Manufactures and sells canning machinery, bottling machinery, packaging
machinery and food processing machinery

Toyo Mebius Co., Ltd.

KY Technology Co., Ltd.
Manufactures and sells building materials

TOYO PAX Co., Ltd.
Manufactures and sells packing materials; cutting, verification and packing work

Kyodo Kaiun Co., Ltd.
Marine transport and harbor transport services, custom agent services

Kudamatsu Unyu Co., Ltd.
Land transport, harbor transport services, custom agent services and warehousing

TOYO PARTNER Co., Ltd.
Services related to employee welfare facilities and others

TOYO-MEMORY TECHNOLOGY SDN.BHD. (Malaysia)
nufactures and sells aluminum substrates for magnetic disks

MIYAZU MALAYSIA SDN. BHD. (Malaysia)
Manufactures and sells stamping dies for car bodies and auto parts

Trucking, warehousing and others

TOYO KOHAN SHANGHAI CO., LTD. (China)

Japan Bottled Water Co., Ltd.

Sells steel sheet related products, hard materials and automatic binders andprovides related services

Manufactures and sells containers for bottled water

T&T Enertechno Co., Ltd.
Manufactures and sells packaging material mainly for lithium-ion secondary
batteries

Hunan TOYO-LEED Material Science & Technology Co., Ltd.
(China)Bangkok Can Manufacturing Co., Ltd. (Thailand)

Conducts research, development, manufacturing and sales of surface treatedsubstrates such as steel sheets, aluminum, copper, and stainless steel andany and all business activities ancillary to the above

Manufactures and sells 2-piece steel & aluminum cans, welded cans andaluminum ends

TOYO KOHAN Jiangsu Co., Ltd. (China)

Next Can Innovation Co., Ltd. (Thailand)
Manufactures and sells 2-piece steel & aluminum cans

Toyo Seikan (Thailand) Co., Ltd.
Manufactures and sells general plastic products; manufactures and sells
beverage PET bottles and undertakes contract filling; a technical support
center and administration of group companies

Manufactures laminated steel sheet for cans

FUJI RAYHOO ENG. INC. (China)
Designs stamping dies for car bodies

YANTAI FUJI TECHNICA & MIYAZU TRADING Inc. (China)
Sells stamping dies for car bodies

YANT AI FUJI WILSON ENGINEERING CO., LTD. (China)

Kanagata (Thailand) Co., Ltd.

Designs stamping dies for car bodies

Manufactures and sells molds for plastic products

Global Eco-can Stock (Thailand) Co., Ltd.

YANTAI FUJI MITSUI AUTOMOTIVE DIE & PARTS CO., LTD.
(China)Manufactures and sells resin-coated aluminum materials

Manufactures and sells stamping dies for car bodies and auto parts

Toyo Mebius Logistics (Thailand) Co., Ltd.

Kohan Kogyo Korea Co., Ltd. (Korea)

Trucking businessSells hard alloys and machine tools

Toyo Seikan Guangzhou Co., Ltd. (China)

Tosyalı Toyo Steel CO. INC. (Turkey)

Sells cans, plastic containers and other packaging

Manufactures and sells cold rolled steel sheets and surface-treated steel
sheets (construction of surface-treated steel sheet plant is in progress)

Toyo Pack (Changshu) Co., Ltd. (China)
Manufactures and sells beverage PET bottles and undertakes contract filling

Yangon Can Manufacturing Co., Ltd. (Myanmar)

FUJI TECHNICA & MIYAZU AMERICA INC. (USA)
Sells stamping dies for car bodies

TOYO KOHAN AMERICA Inc. (USA)

Sells paper cups, plates and napkins

Shosando Co., Ltd.
Manufactures and sells paper cups, pasteboard and spoons

Takeuchi Hi-Pack Co., Ltd.
Manufactures and sells cardboard products and paperware

TOMATEC (Shanghai) Fine Materials Co., Ltd. (China)
Manufactures and sells inorganic pigments (Complex Inorganic Color Pigment)

TOMATEC (XIAMEN) FINE MATERIAL CO., LTD. (China)
Manufactures and sells frit for enamel, tiling and ceramics, glaze and glassfiller for synthetic marble

SENRI TRANSPORTATION Inc.

Sun Dragon Development Limited (China)

Trucking businessHolding company of TOMATEC (XIAMEN) FINE MATERIAL CO., LTD.

Shida Shiko Co., Ltd.

TOMATEC America, Inc. (USA)Manufactures and sells plastic products

Imports and sells inorganic pigments, frits, etc.

Tokan (Changshu) High Technology Containers Co., Ltd.
(China)PT. TOMATEC INDONESIA (Indonesia)
Manufactures and sells frits and pigments

Manufactures and sells plastic products

TAIYO PLASTIC CORPORATION OF THE PHILIPPINES
Manufactures and sells plastic products

Can Machinery Holdings, Inc. (USA)Holding Company

T.K.G. CORPORATION (Philippines)

Stolle Holdings, Inc. (USA)Land leasing

Holding Company

TAIWAN TOKAN CORPORATION

Stolle Machinery Company, LLC (USA)Manufactures and sells beverage paper cups

Develops, manufactures and sells can and end manufacturing machines andprovides related services

Nippon Closures Co., Ltd.
Manufactures and sells metal and plastic closures

Shin-Sankyo-Pd.
Trucking business

Crown Seal Public Co., Ltd. (Thailand)
Manufactures and sells metal and plastic closures and crown closures

Riguan Closure (Changshu) Co., Ltd. (China)
Sells metal closures

Stolle Europe Ltd. (U.K.)
Develops and sells can and end manufacturing machines and provides
related services

Stolle EMS Group Limited (U.K.)
Holding Company

Stolle European Manufacturing Solutions Limited (U.K.)
Manufactures and sells can manufacturing machines and provides related services

Stolle EMS Precision Limited (U.K.)
Manufactures and sells can manufacturing machine parts and provides
related services

NCC Europe GmbH (Germany)

Stolle EMS Polska Sp. z o.o. (Poland)

Sells metal closures

Manufactures and sells can manufacturing machines and provides related services

PT Indonesia Caps and Closures (Indonesia)

Stolle Machinery do Brasil Industria e Comercio
Equipamentos Ltda. (Brazil)

Manufactures and sells plastic closures

NCC Crowns Private Ltd.(India)
Manufactures and sells metal closures

Manufactures and sells can and end manufacturing machines and provides
related services

STOLLE MACHINERY (SHANGHAI) CO., LTD. (China)
Sells can and end manufacturing machines and provides related services

TOYO GLASS CO., LTD.

Stolle Asia Pacific Co., Ltd. (Vietnam)

Manufactures and sells glass bottles

Sells can and end manufacturing machines and provides related services

TOYO - SASAKI GLASS CO., LTD.
Manufactures and sells glassware

Toyo Glass Machinery Co., Ltd.

Tokan Shoji Co., Ltd.
Sells packaging materials, petrochemical products and food machinery,equipment & parts

Manufactures and sells beverage cans

Holding Company

Manufactures and sells molds for glass and plastic bottles, and glass bottle
manufacturing machinery

Asia Packaging Industries (Vietnam) Co., Ltd.

POLYTECH AMERICA, LLC (USA)Toyo Glass Logistics Co., Ltd.

Manufactures and sells 2-piece aluminum cans and ends

Research and development of laminated steel sheet for food cans

Trucking business, various yard operation contracting

Offers insurance products, real estate rental management services, andtourism services

Asia Packaging Industries (Vietnam) Trading Co., Ltd.

PT FUJI TECHNICA INDONESIA (Indonesia)

TOHOKU KEISYA CO., LTD.

Sells 2-piece aluminum cans and ends

Manufactures and sells stamping dies for car bodies and auto parts

Manufactures and sells silica sand

Lymphotec Inc.

26 Toyo Seikan Group CSR REPORT 2017

Tokan Kyoei Kaisha, Ltd.

Amplified Natural Killer Therapy support, pharmaceutical production

Toyo Seikan Group CSR REPORT 201727