Comments from a Third-Party Expert
I have read Tokyo Electron’s Environmental and Social Report
2012 and received a further explanation of the company’senvironmental and social activities from the director of Tokyo
Electron’s Corporate Environment Promotion Department andothers. Here I express my views on this report as a third-partyexpert. I would also like to note that I had an opportunity tovisit Tokyo Electron Yamanashi Limited, a Group company
responsible for manufacturing and development, as part ofthis review and inspected sites where semiconductor and FPD
production equipment is manufactured.

1. The new Environment Vision
Under the new Environment Vision, the company has set new specificenvironmental goals, including those for the reduction of energy
consumption, with a view to becoming a company that addresses global
environmental issues through technology. The new Environment Vision
specifies the company’s priority issues, which include not just thereduction of the environmental impacts of the company’s plants, offices
and logistics operations but also the development and sale of moreenvironmentally friendly products with lower CO 2 emissions. This, I
think, will allow Tokyo Electron to share a common environmental policy
and goals and create common value with customers, thereby helping itto maintain a favorable relationship with its customers and society atlarge, which will in turn facilitate the company’s sustainable growth.

2. EHS management
The company’s goal set in 2008 was to reduce CO2 emissions generated
from its business activities by 50% over the fiscal 2008 levels by fiscal
2015. However, because this goal is expected to be achieved in fiscal
2012 in terms of both per-unit emissions and total emissions, Tokyo
Electron has decided to set even more challenging goals. This proactive
attitude to continue improvement efforts rather than simply be content
with achieving the goal ahead of schedule is praiseworthy.
With regard to the company’s consumption of water, a precious
limited natural resource, the figure increased slightly over the fiscal
2008 level and by approximately 9% year on year. I hope, therefore, thatthe company will work even harder to reduce its water consumption.

3. Relationship with employees
Tokyo Electron is making efforts to create a work environment thatencourages employees to take on new challenges. The personnel
evaluation system, which focuses on the process of achieving goals,
various career advancement support systems, and the internal
educational institution are some examples of these efforts designed
to help each employee realize their full potential, and I think they are
beginning show results in the form of good business performance. Inorder for the company to continue growing as a global company, it needs
to embrace a diverse range of employee experiences and views. I would
like to know what activities are undertaken and what policy is adopted by
the company with regard to this kind of diversity management, includingthat for employees of Group companies overseas.

4. Future issues
From this report, I was able to get a clear sense of the earnest efforts
made by the company toward environmental preservation and social
contribution as well as the effects brought about by such efforts. I
could also understand the efforts made by the company as a global
corporation to also build trust in overseas markets, such as thecompletion of the environmentally considerate Kunshan Plant in China.
However, the semiconductor industry is currently confronting majorchanges amid fierce global competition. In these circumstances, if thereport focused more on clearly explaining the position and role of Tokyo
Electron throughout its supply chain rather than just detailing its products,
the company’s corporate value would become clearer to stakeholders.
Note: T he third-party comment above does not constitute an opinion on the accuracy orcompleteness of the information included in this report.

Yoshito Nakamura
Professor, Faculty of Business Administration
Toyo University
Certified Public Accountant
Auditor, Supporting Organization of JOCVAuditor, Kawasaki City Council of Social
WelfareDirector, Research Institute of Accounting forConstruction Industry

Response to the Third-Party Comment
I am deeply grateful to Prof. Nakamura, who once again took time out of his busy schedule to visit our development
and manufacturing sites and talk with members of the General Affairs Department at the Yamanashi Plant (Fujii/Hosaka). I furthermore appreciate Prof. Nakamura’s efforts to understand our environmental and social activities. Thisyear marks an important year for us, the year we begin enhanced environmental and social activities with the aim ofachieving the new environmental goals. We take Prof. Nakamura’s recommendations concerning the reduction of ourwater consumption, diversity management, and activities across the supply chain seriously and will work even harder tofurther broaden and deepen our activities and to report them in the next and following issues of this report.
34

Toshiya Matsuda
Director
Corporate Environment
Promotion Department
Tokyo Electron Limited