Shin Etsu Polymer : 2022 Sustainability Report


Shin-Etsu Polymer Co., Ltd.

Sustainability Report 2022

Shin-Etsu Polymer

Shin-Etsu Polymer Group Corporate Mission Statement

The Group strictly complies with all laws and regulations, conducts fair business practices, and contributes to the advance of industry and society by creating value

through providing key technologies and products.

Shin-Etsu Polymer Group places safety and fairness first in its business and targets becoming a group of companies that develops together with society.

Basic Sustainability Policy

  1. We will do our best to increase the Group’s corporate value through sustained growth and make multifaceted contributions to society.
  2. We will carry out all activities with safety as our top priority.
  3. We will develop and expand business that contributes to the reduction of GHG gas emissions.
  4. We will maximize the efficiency for product development and manufacture and contribute to improving the efficiency of society by providing such products.
  5. We will conduct our business activities in harmony with the global environment while taking biodiversity into consideration.
  6. We will strive to respect human dignity, assure equality in employment opportunities, and support the self-fulfillment of our employees.
  7. We will appropriately disclose information in a timely manner.
  8. We will carry out trustworthy corporate activities that are based on the integrity of the Group’s ethical values.

Corporate Code of Conduct

  1. We have pride and awareness as employees of Shin-Etsu Polymer Co., Ltd. and its Group companies and do our best to become a company trusted by society by always maintaining a law-abiding spirit, complying with laws, regulations, internal codes and rules and conducting fair and highly transparent corporate activities.
  2. We disclose a comprehensive range of corporate information where necessary and appropriate and promote communication with society as well as stakeholders, investors, customers, and communities as an “open company.”
  3. We respect the histories, cultures, customs, etc. of individual countries and regions, work at developing business based on mutual trust, and make efforts to coexist with communities.
  4. We recognize global environmental preservation as one of our first pri- ority challenges and, by fulfilling our social responsibilities, actively par- ticipate in the establishment of a recycling-oriented economic society aiming for sustainable development.
  5. Through our business activities, we try to develop and manufacture environmentally friendly products with high performance, contribute to an affluent society, and preserve the environment. Furthermore, we im- plement green procurement, properly control chemical substances, and comply with regulations on substances contained in products.
  1. We commit ourselves to meeting the requirements of customers and consumers and making efforts to provide attractive, safe, and quali- ty products and services that are highly satisfactory. Furthermore, we carefully handle personal information associated with customer’s priva- cy and strictly control such information so that no leakage or illegal use should occur.
  2. We respect the principle of free competition and always promote fair trade. We also build transparent, fair, and healthy relations with custom- ers and consumers.
  3. We respect the human rights, individuality, and diversity of employees, realize fair treatment, and establish a working environment where they can exert their abilities and skills. We comply with occupational laws and regulations and do not engage in inhumane labor practices such as child or forced labor.
  4. We maintain healthy and normal relations with governments and their administrations.
  5. We confront antisocial groups and organizations that threaten social order and security with a resolute attitude.
  6. As a good corporate citizen, we carry out social contribution activities in a positive manner.

Shin-Etsu Polymer Sustainability Report 2022

2

Editorial Policy

The Shin-Etsu Polymer Group issues a Sustainability Report every year as a communication tool to enable stakeholders to understand group activities that will lead to the realization of a sustainable society. In addition to reports focusing on key sustainability issues (previously “key CSR issues,”) we also strive to disclose information in line with requirements from our stakeholders.

The editorial policies for the fiscal 2022 version are as follows:

  • In the Special Feature, we introduce products that contribute to solving “Water Cri-

sis/Water Stress” issues.

The Sustainability Report covers our organizations and activities related to gover- nance, suppliers, employees, local communities, and the environment in an easy- to-see and easy-to-understand manner for relevant stakeholders.

The information in this Report (including the English version) and details of environ- mental data are all disclosed on our website. We also provide additional information

For this fiscal 2022 version, we received third-party comments from Mr. Yoshinao Kozuma, Professor at Sophia University, as with previous editions. We will draw on the comments in our future efforts and initiatives.

WEB WEB About our sustainability initiatives

https://www.shinpoly.co.jp/en/environment.html

◦Period covered by this report

April 2021 – March 2022 (For group companies in Japan); January 2021 – Decem- ber 2021 (For overseas group companies)

◦Issued

September 2022 (Previous issue: September 2021; next issue: September 2023)

◦Organizations covered by this report

Shin-Etsu Polymer Group (For further information, please see page 44)

◦Fields covered by this report

This report covers the fields of environmental conservation and social activities. For an overview of the business, please refer to our corporate profile.

◦References

Environmental Reporting Guidelines 2018 by the Ministry of the Environment GRI Sustainability Reporting Standards 2016/2018/2019/2020

◦Inquiries

Office of the President, Shin-Etsu Polymer Co., Ltd.

Ote Center Building 1-1-3 Otemachi, Chiyoda-ku,Tokyo100-0004 Japan

TEL +81-3-5288-8404  FAX +81-3-5288-3111URL https://www.shinpoly.co.jp/en/

Contents

Prologue

  1. Financial and Non-Financial Highlights
  1. Top Commitment

08 Sustainability Activities

Our Basic Sustainability Policy and Corporate Code of

Conduct

Sustainability Promotion Structure / Key Sustainability

Issues

Shin-Etsu Polymer Value Chain

Stakeholder Engagement

12 Towards Establishing a Recycling-Oriented Economic Society

13

Special Feature

Infrastructure Maintenance

Materials to Support a

Livable and Durable Urban

Environment

14 Polymer Ace

and Polymer Multi Tape

  1. Comments from a customer
  2. Environment

Environmental Management / Countermeasures Against Global Warming / Waste Reduction and Recycling / Control of Chemical Substances / Activities for Bio-diversity Protection / Endorsement of TCFD Recommendations

31 Society

Improving Quality / Supply Chain Management / Human Resources Development / Respect for Human Rights / Work-Life Balance / Diversity & Inclusion / Occupational Health and Safety / Social Contribution Activities

39 Governance

Corporate Governance / Dialogues with Shareholders and Investors /Compliance / Risk Management

46 Closing Remarks

Business Overview of the Shin-Etsu Polymer Group Third-Party Opinion / Response to Third-Party Opinion

Shin-Etsu Polymer Sustainability Report 2022

3

Prologue

Financial and Non-Financial Highlights

Sales / Operating Income (consolidated)

(Million yen)

Sales

Operating Income

(Million yen)

2018/03

2019/03

2020/03

2021/03

2022/03

Net Profit Attributable to Owners of Parent / Net Profit per Share

(Million yen)

Net prot attributable to owners of parent

Net prot per share

(Yen)

2018/03

2019/03

2020/03

2021/03

2022/03

Distribution of consolidated

Composition ratio of

consolidated overseas sales

Total Assets / Total Net Assets / Equity Ratio

sales by business segment

and shipping destinations

(Million yen)

Total assets

Total net assets

Equity ratio

(%)

Others

7.7%

Electronic

80

Devices

Living Environment

Business

Other regions

122,577

23.7%

60

and Life-Related

31.9%

Materials Business

Japan

94,337

23.1%

50.4%

40

Precision Molding

China

20

Products Business

17.7%

45.5%

2018/03

2019/03

2020/03

2021/03

2022/03

Return of Equity (ROE)

Total Net Assets per Share

(Yen)

2018/03

2019/03

2020/03

2021/03

2022/03

1,166.23

2018/03

2019/03

2020/03

2021/03

2022/03

*Sales do not include consumption tax.

*For other key management indicators etc., please refer to our financial report.

Shin-Etsu Polymer Sustainability Report 2022

4

Prologue

Financial and Non-Financial Highlights

CO2 Emissions and Basic Unit of Production Weight

CO2 Emissions and Basic Unit of Production Weight

(Domestic Plants)

(Overseas Plants)

Production weight (left axis)

CO2 emissions (left axis)

Production weight (left axis)

CO2 emissions (left axis)

Basic unit of production weight (right axis)

Basic unit of production weight (right axis)

(Fiscal Year)

(Calendar Year)

*The CO2 emission coefficient uses our coefficient.

*The CO2 emission coefficient uses our coefficient.

Waste Emissions and Basic Unit of Production Weight

Waste Emissions and Basic Unit of Production Weight

(Domestic Plants)

(Overseas Plants)

Waste emissions (left axis)

Basic unit of production weight (right axis)

Waste emissions (left axis)

Basic unit of production weight (right axis)

(Fiscal Year)

(Calendar Year)

Workplace Accidents / Accident Frequency Ratio (Domestic Plants)

(Number of

Accidents with lost working days (left axis)

Accidents without lost working days (left axis)

Accident frequency ratio (right axis)

Frequency ratio of accidents with

accidents)

lost working days (right axis)

Workplace Accidents / Accident Frequency Ratio (Overseas Plants)

Accidents with lost working days (left axis)

Accidents without lost working days (left axis)

(Number of

Accident frequency ratio (right axis)

Frequency ratio of accidents with lost working

accidents)

days (right axis)

(Calendar Year)

(Calendar Year)

*This fiscal year, retroactive revisions were made to prior years to improve data accuracy.

*Domestic data is collected and aggregated on the basis of fiscal year (April 2021 – March 2022) while overseas data on the basis of calendar year. (January 2021 – December 2021)

*Domestic plants: Tokyo Plant, Nanyo Plant, Kodama Plant, Shiojiri Plant, Itoigawa Plant

*Overseas plants: Suzhou Shin-Etsu Polymer Co., Ltd., Dongguan Shin-Etsu Polymer Co., Ltd., Shin-Etsu Polymer (Malaysia) Sdn. Bhd., PT. Shin-Etsu Polymer Indonesia, Shin-Etsu Polymer India Pvt. Ltd., Shin-Etsu Polymer Hungary Kft., Hymix

Co., Ltd.

Shin-Etsu Polymer Sustainability Report 2022

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Shin-Etsu Polymer Co. Ltd. published this content on 17 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2022 05:28:00 UTC.

Publicnow 2022

All news about SHIN-ETSU POLYMER CO.,LTD.

Sales 2023 107 B
769 M
769 M
Net income 2023 10 190 M
73,1 M
73,1 M
Net Debt 2023

P/E ratio 2023 10,1x
Yield 2023 2,83%
Capitalization 103 B
736 M
736 M
Capi. / Sales 2023 0,96x
Capi. / Sales 2024 0,91x
Nbr of Employees 5 157
Free-Float 43,8%

Chart SHIN-ETSU POLYMER CO.,LTD.

Duration :


Period :



Shin-Etsu Polymer Co.,Ltd. Technical Analysis Chart | MarketScreener

Technical analysis trends SHIN-ETSU POLYMER CO.,LTD.

Short Term Mid-Term Long Term
Trends Neutral Neutral Bullish

Income Statement Evolution

Sell

Buy

Mean consensus BUY
Number of Analysts 1
Last Close Price 1 271,00 JPY
Average target price 1 220,00 JPY
Spread / Average Target -4,01%