management structure and corporate data 2015 · 4,671 4,367 3,818 3,411 2,956 2,865 2,625 2,553...

Board of Directors, Officers

President

Director

Director

Director

Outside Director

Outside Director

Audit & Supervisory Board Member

Audit & Supervisory Board Member

Outside Audit & Supervisory Board Member

Outside Audit & Supervisory Board Member

Yasuyuki Hotta

Toshiaki Natori

Masahiko Kondo

Takahito Hirashima

Kazuyuki Matsumoto

Minoru Amoh

Corporate Data (as of March 31, 2015)

Stock Information (as of March 31, 2015)

Corporate Name

Head Office

URL

Established

Capital

Fiscal-year Ended

Stock Exchange Listing

Number of Employees

1-10-1 Nakase, Mihama-ku, Chiba-shi, Chiba Prefecture 261-8577, Japan TEL: +81-43-299-0111

http://www.kitz.co.jp/english/ http://www.kitz.com/

January 26, 1951

21,207,084,670 yen

March 31

First Section of Tokyo Stock Exchange (Code: 6498)

1,227 (Non-consolidated basis)

Date of resolution of meeting of shareholders: March 31Year-end dividend: March 31Interim dividend: September 30

Total Number of Authorized Shares

Shares Issued and Outstanding

Japan Trustee Services Bank, Ltd.

CBNY-GOVERNMENT OF NORWAY

Nippon Life Insurance Company

Kitazawa Agent’s Stock Ownership Plan

Kitazawa Ikueikai Foundation

KITZ Corporation Client Stock Ownership Plan

SUMITOMO LIFE INSURANCE COMPANY

The Master Trust Bank of Japan, Ltd.

Mizuho Bank, Ltd.

Sumitomo Mitsui Banking Corporation

8,609

4,671

4,367

3,818

3,411

2,956

2,865

2,625

2,553

2,553

7.96

4.32

4.04

3.53

3.15

2.73

2.65

2.43

2.36

2.36

400,000,000 shares

108,216,989 shares Note: The number of shares shown above does not include 12,179,522 shares of treasury stock that were held as of March 31, 2015.

However, announcements will be placed in the Nihon Keizai Shimbun in cases where it is not possible to make an electronic announcement. URL for announcements: http://www.kitz.co.jp/

In addition, a public announcement will be made in advance as necessary.

Major ShareholdersName

InvestmentShareholdings (thousands) Percent of total shares issued (%)

Notes:1. The above list of major shareholders does not include the 12,179 thousand shares of treasury stock held as of March 31, 2015. 2. The above number of shares held includes shares associated with trust operations as follows:

3. Shares held by Nippon Life Insurance Company include 63 thousand shares in the separate account for annuities4. Shares held by SUMITOMO LIFE INSURANCE COMPANY include 31 thousand shares in the separate account and 73 thousand shares in the variable insurance account. 5. The total number of shares used to calculate percentages of shares held does not include 12,179,522 shares of treasury stock.

Financial instruments exchange

Treasury stocks

Other domestic companies

Individuals and others

Foreign companies

Financial institutions

1.2%

10.1%

13.0%

29.6%

18.5%

27.6%

Less than 1,000 shares

1,000 shares or more



1 million shares or more

1.1%

12.9%

10.8%

26.3%

48.9%

Management Structure and Corporate Data2 0 1 5

Directors andAudit & Supervisory Board Members

President Chief Executive Officer

Senior Executive Officer

Managing Executive Officer

Executive Officer

Executive Officer

Executive Officer

Executive Officer

Executive Officer

Executive Officer

Executive Officer

Executive Officer

Yasuyuki Hotta

Toshiaki Natori

Masahiko Kondo

Takahito Hirashima

Kazuhiko Shimodaira

Toshiyuki Murasawa

Taro Kimura

Kazuhiko Hirabayashi

Tetsuo Sakane

Yukinari Koide

Yoriyuki Koyama

Executive Officers (as of April 1, 2015)

Composition of Shareholders Composition of Shareholdings

Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Trust and Banking Corporation, The Bank of Tokyo-Mitsubishi UFJ, Ltd., The Hachijuni Bank, Ltd., The Yamanashi Chuo Bank, Ltd., The Chiba Bank, Ltd.

Manufacturing and sales of valves, other flow control devices, and related products

Junichiro Haishima

Takafumi Azuma

Akio Mitsufuji

Tatsuhiko Takai

Main Banks

Business Activities

Electronic announcement

100 shares

12,882

June

Reference Dates

Number of Shareholders

General Meeting of Shareholders

Share Unit Number

Public Announcement Method

Japan Trustee Services Bank, Ltd.: 8,609 thousand shares The Master Trust Bank of Japan, Ltd.: 2,625 thousand shares

(as of June 26, 2015)

14

1951

19521959

1960

1962

1965196719681969

1970197319741975

19801984

198519881989

1991

199219941995

19981999

20002001

20022003

2004

2005200720082009

2010201120122013

2015

Kitazawa Mfg. Works was established. The Nagasaka Plant was constructed in Nagasaka-cho, Yamanashi, and the Company started manufacturing and selling bronze valves.

The Nagasaka Plant received JIS certification for bronze valves. Toyo Metals Co., Ltd., was established and started manufacturing brass rods.

KITZ started using a high-performance automated production system using the most advanced machinery, including automated processing and molding machines from Europe and North America.

Company name changed to Kitazawa Valve Co., Ltd. KITZ was the first in Japan to start using a brass hot forging press; started manufacturing and selling brass forged valves.KITZ became a registered trademark.Started manufacturing and selling ductile cast iron valves and stainless steel valves.Started manufacturing and selling butterfly valves.Started manufacturing and selling cast gray iron valves.

Started operations at stainless steel valve casting facility and machining facility at the Nagasaka Plant.Started operations at the Ina Plant. Started manufacturing and selling cast steel valves. Changed Japanese-character company name (still Kitazawa Valve Co., Ltd., in English).

Adopted “CHRYSANTHEMUM-HANDLE® ” for cast bronze valves.

Shares listed on the First Section of Tokyo Stock Exchange. Established KITZ Corporation of America in Houston, Texas.Established KITZ Corporation of Taiwan in Kaohsiung, Taiwan.Established KITZ (Thailand) Ltd., in Samutprakarn, Thailand. The Nagasaka and Ina plants earned ISO 9001 quality management system certification, making KITZ the first Japanese company to receivethis certification.

KITZ merged with TOYO Metals Co., Ltd.ISO S.A. of Spain (currently KITZ Corporation of Europe, S.A.) joined the KITZ Group.Changed name to KITZ Corporation and moved the head office to the Makuhari district of Chiba-shi. Established KITZ Engineering Service Co., Ltd.The Chino Plant was first in Japan’s brass bar industry to receive ISO 9002 certification for quality management systems.Shimizu Alloy Mfg. Co., Ltd., joined the KITZ Group, enabling the Group to begin supplying products for water supply systems.The Nagasaka Plant received ISO 14001 certification. Announced the development of KEEPALLOY brass and bronze alloys that are easy to machine and are free of lead for environmental protection.Miyoshi Valve Co., Ltd., joined the KITZ Group.

The Ina Plant received ISO 14001 certification.KITZ marked its 50th anniversary, announcing a New KITZ’ Statement of Corporate Mission and Action Guide.

Purchased semiconductor manufacturing machine device business from the former Benkan Group and established KITZ SCT Corporation to operate this business.

Established KITZ Corporation of Kunshan in China. Established KITZ Corporation of Shanghai in China.Established KITZ Corporation of Jiangsu Kunshan in China.Purchased the valve business of the former Toyo Valve Co., Ltd., and began business at its reorganized operations.Spun off the KITZ brass bar manufacturing and micro filter businesses to form KITZ Metal Works Corporation and KITZ Micro Filter Corporation.Purchased the brass bar manufacturing business of the former Kyoto Brass Co., Ltd.Established KITZ Corporation of Lianyungang in China.Director and Senior Executive Officer Yasuyuki Hotta was named President & CEO. KITZ Metal Works Corporation and Kyoto Brass Co., Ltd., merged. Perrin GmbH, a ball valve manufacturer in Germany, joined the KITZ Group.

Established a new Long-term Management Plan called KITZ Global Vision 2020.Established KITZ Corporation of Asia Pacific Pte. Ltd., in Singapore.Transferred manufacturing operations of Toyo Valve Co., Ltd., to KITZ, changing Toyo Valve into a sales company.KITZ Europe GmbH started operations as European regional headquarters.Purchased Mikuni Engineering (Singapore) Pte. Ltd., an exclusive distributor in Singapore, and began operations as KITZ Valve & Actuation Singapore Pte. Ltd.

Micro Pneumatics Pvt. Ltd., industrial valve manufacturer in India, joined the KITZ Group.Established KITZ Valve & Actuation (Thailand) Co., Ltd. in Thailand.

Certification item Certification body Business site Certification item

JIS product certification (JIS B 2062 Sluice valves for water works)

ISO 9001 / ISO 14001

Certified by Japan Water Works Association

ISO 9001 / ISO 14001

ISO 9001 / ISO 14001


ISO 9001 / ISO 14001


Manufacturing plant for PED/CE Marking Products

CSA<Canadian Standard Association>

FM<Factory Mutual>

UL<Underwriters Laboratories>

Australian Standard

NSF

ISO 9001 / ISO 14001


UL<Underwriters Laboratories>

ISO 9001 / ISO 14001

TS certification

ISO 9001 / ISO 14001


TS certification

ISO 9001

ISO 9001 / ISO 14001


API Spec 6D

ISO 9001

API Spec 6D

DIN/GOST certification obtained


CRN<Canadian Registration Number>

Type Test Certification of Special Equipment(CHINA)

Vender Registration Certificate

JIS product certification (JIS B 2011 Bronze, gate, globe, angle and check valves)

Manufacturing plant for AD2000-Merkblatt HP0 products

Manufacturing plant for AD2000-Merkblatt W0 castings




Management Structure and Corporate Data 2015

Approvals and Authorizations of the Group’s Principal PlantsHistory

KITZ Corporation Nagasaka Plant

ISO 9001

Shimizu Alloy Mfg. Co., Ltd.

KITZ SCT Corporation

KITZ Micro FilterCorporation

KITZ (Thailand) Ltd.

KITZ Corporation ofTaiwan

KITZ Corporation ofKunshan(China)

KITZ Corporation ofJiangsu Kunshan(China)

KITZ Corporation ofLianyungang(China)

KITZ Corporation ofEurope, S.A. (Spain)

Perrin GmbH(Germany)

ISO 14001


API Spec Q1 and 6D




KITZ Corporation Ina Plant

ISO 9001

ISO 14001


API Spec Q1 and 6D


JIS product certification (JIS B 2031 gray cast iron valves)

KITZ Corporation Chino Plant

ISO 9001

LRQA

LRQA

LRQA

Bureau Veritas Japan Co., Ltd.



Japan Water Works Association (JWWA)



American Petroleum Institute (API)

32

American Petroleum Institute (API)

Lloyd’s Register Group Limited

Lloyd’s Register Group Limited

TÜV SÜD

TÜV SÜD


TÜV SÜD

Japan Water Works Association (JWWA) (Ministry of Economy, Trade and Industry)


ISO 14001

JIS product certification (JIS B 2011 Bronze, gate, globe, angle and check valves)



Second plant of KITZ Micro Filter

Corporation

Assembly line

High-pressure ball valves for hydrogen stations

New office

Management and Financial Information2 0 1 5

Long-term Management Plan “KITZ Global Vision 2020”

The KITZ “High-pressure ball valves for hydrogen stations” received the Environmental Component Award at the “Cho” MONODZUKURI Innovative Parts and Components Award 2014 sponsored by the Monodzukuri Nippon Conference and Nikkan Kogyo Shimbun, Ltd.

Supported by the Ministry of Economy, Trade and Industry and the Japan Chamber of Commerce and Industry, the awards of the “Cho” MONODZUKURI Innovative Parts and Components Award focus on components and materials that “play inconspicuous but important roles” that contribute to the development of industry and society, with the overriding purpose of supporting increases in the competitiveness of Japan’s

T O P I C S

monozukuri. The grand awards also consist of various awards in each field based on judging criteria that include “products that are creative inventions that spur a large reaction in Japan and overseas,” “products for which precision and performance attain the world’s highest levels” and “products that make remarkable contributions to raising Japan’s industrial technologies.”

The KITZ High-pressure ball valves will be used in high-pressure lines of 70MPa-class hydrogen stations to fill fuel-cell vehicles with hydrogen. The High-pressure ball valves earned this award in recognition of its technologies for sealing high-pressure hydrogen gas as well as its high durability and excellent cost competitiveness.

High-Pressure Ball Valves for Hydrogen Stations Receives “Cho (Super)” MONODZUKURI Innovative Parts and Components Award 2014, Environmental Component Award

The second plant of KITZ Micro Filter Corporation, a KITZ Group company, began operation in September 2014. Based on its independently developed hollow fiber membrane and resin processing technologies, KITZ Micro Filter manufactures and sells residential and commercial water purifiers as well as industrial precision filters for use in such fields as electronics, analysis devices, healthcare and foods.

Along with an expansion in business content, KITZ Micro Filter’s plant at its head office in Suwa City, Nagano Prefecture, became increasingly cramped, making it difficult to further increase and augment plant facilities. Accordingly, KITZ Micro Filter opened a second plant with a clean environment in Suwa City and relocated its water purifiers and general industrial prod-ucts assembly lines to the new plant. With the spare space at its head office plant, KITZ Micro Filter will expand the floor area of its clean room and is putting into place a structure for increased production. KITZ Micro Filter will make ongoing efforts to offer products that customers can use safely.

KITZ Micro Filter Corporation—Second Plant Goes into Operation

In January 2015, the Tokyo Branch, which was situated inside the head office (Chiba City, Mihama Ward), relocated to Nihonbashi, Chuo Ward, Tokyo. By opening an office in the heart of Tokyo, we have put into place a structure capable of undertaking customer-focused sales activities more than ever before.

Additionally, to further strengthen collaboration among the KITZ Group, we consolidated bases that include the head office of Toyo Valve Co., Ltd. and Tokyo Regional Office of KITZ Micro Filter Corporation into the same office as the KITZ Tokyo Branch. With this reorganization, KITZ will continue to promote even greater information sharing and maximize Group synergies.

Tokyo Branch Relocated and Group Bases in Tokyo Consolidated

KITZ Global Vision 2020 Slogan

Evolution to become a fully global company Maximize corporate value by full globalization

Revitalization of our operations as a dynamic and conscientious group of companies

Develop global level business locations with composite functions of sales, marketing, engineering, stock, maintenance and service

• Highly secured rate of profits and cash flow• Continuous development of our corporate value and social contributions by improving our values to the customer, our employees’

quality of life and mutually beneficial business with our partners

Net sales 250,000 million yen

Operating income 20,000 million yen

Operating income ratio 8.0%

Overseas sales ratio 50%

Interest-bearing liabilities 24,000 million yen

Equity ratio 70%

ROE (Return on equity) 7.0%

The KITZ Group formulated its “KITZ Global Vision 2020,” a Long-term Management Plan in May 2010.

� Key Concept for Valve Manufacturing Business

Global & DomesticShooting for the Top Market Share in Targeted Market Areas and Sectors • Joining the Ranks of the World’s Top 3 Valve Producers

� Key Concept for Brass Bar Manufacturing Business

Targeting Higher-Value-Added Business by Drastically Streamlining Operations and Developing New Materials and New Ventures

� Key Concept for Other

Offering World-Class Customer-Oriented Services (Creation of touching experiences)

� Reinforcement of Business Infrastructure (Human Resources)

Global Recruitment and Cultivation of Human Resources

� Reinforcement of Business Infrastructure (IT / Accounting System)

Investment for Reformation of Information Control Systems for Group Operations

� Reinforcement of Business Infrastructure (Environment)

Promoting Environment-friendly Management for Preservation of the Global Environment

� Reinforcement of Business Infrastructure (CSR: Corporate Social Responsibility)

Legal Compliance and Internal Control ManagementSocial Contribution

14

� FY2020 Numerical Targets (Consolidated Basis)

0

5

10

15

0

2,000

4,000

6,000

8,000

Management and Financial Information 2015

32

Financial Highlights Financial Summary

150,000

6,341

4,638

6,5586,886

5,929

4,388

6,521

7,581

6,501

106,059108,446111,275

117,036117,355

(Millions of yen) (Millions of yen) (Millions of yen)

(Millions of yen) (Millions of yen) (Yen)

FY2010 FY2011 FY2012 FY2013 FY2014

100,000

50,000

0

8,000

6,000

4,000

2,000

8,000

6,000

4,000

2,000

0 0

100,13894,981

99,972

115,790107,583

7.0 7.5

9.5

13.0

3,0632,480

4,039

6,881

3,564

120,000

100,000

80,000

60,000

20,000

40,000

0

6,470

10.0

106,059

6,341

5,929

3,063

100,138

30,165

5.8

27.36

14.6

7.0

2,911

108,446

4,638

4,388

2,480

94,981

24,290

4.7

22.71

15.8

7.5

(291)

111,275

6,558

6,521

4,039

99,972

22,319

7.2

36.98

12.8

9.5

3,366

117,355

6,470

6,501

3,564

107,583

23,728

5.7

32.63

15.5

10.0

1,120

117,036

6,886

7,581

6,881

115,790

21,426

9.8

63.22

9.4

13.0

7,912

Note: Free cash flows = Cash flows from operating activities + Cash flows from investing activities

Operating Income Ordinary Income

Sales by Reportable Segments Operating Income by Reportable Segments

Sales by Geographical Area

Operating income by reportable segments shows figures beforeadjustments for company-wide expenses and others.

Note:

Valve Manufacturing Business90,152 (77.0%)

Valve Manufacturing Business9,506 (95.2%)

Japan 81,983(70.0%)

Brass Bar Manufacturing

Business21,021

(18.0%)

Other5,863(5.0%)

Brass Bar Manufacturing Business 248 (2.5%)

Other 231 (2.3%)

FY2014Total 117,036

(Millions of yen)

FY2014Total 9,986(Millions of yen)

FY2014Total 117,036

(Millions of yen)

Asia and Middle East

19,192 (16.5%)

Other 5,201 (4.4%)

Net Income Total Assets Cash Dividends per Share

Net Sales

FY2010 FY2011 FY2012 FY2013 FY2014FY2010 FY2011 FY2012 FY2013 FY2014

FY2010 FY2011 FY2012 FY2013 FY2014 FY2010 FY2011 FY2012 FY2013 FY2014FY2010 FY2011 FY2012 FY2013 FY2014

FY2010 FY2011 FY2012 FY2013Item

Net sales

Operating income

Ordinary income

Net income

Total assets

Interest-bearing liabilities

ROE (Return on equity)

EPS (Earnings per Share)

PER (Price Earnings Ratio)

Cash dividends per share

Free cash flows

(Millions of yen)

(Millions of yen)

(Millions of yen)

(Millions of yen)

(Millions of yen)

(Millions of yen)

(%)

(Yen)

(Times)

(Yen)

(Millions of yen)

FY2014

FY2013(As of Mar. 31,

2014)


2015)Item

FY2013(Year ended

Mar. 31,2014)

FY2014(Year ended

Mar. 31, 2015)

Item

FY2013(Year ended

Mar. 31,2014)

FY2014(Year ended

Mar. 31, 2015)

Item

ASSETS

Total current assets

Total fixed assets

Property, plant and equipment

Intangible assets

Investments and other assets

Total assets

55,866

51,717

36,835

3,315

11,566

107,583

63,884

51,905

36,617

3,695

11,593

115,790

LIABILITIES

Total current liabilities

Total long-term liabilities

Total liabilities

NET ASSETS

Total shareholders’ equity

Minority interests

Total net assets

Total liabilities and net assets

20,703

20,101

40,805

62,865

2,836

1,075

66,777

107,583

25,740

14,556

40,296

67,849

6,439

1,204

75,493

115,790

(Millions of yen)


2014)


2015)Item

(Millions of yen)

Cash flows from operating activities

Cash flows from investing activities

Cash flows from financing activities

Effect of exchange rate changes on cash and cash equivalents

Net increase (decrease) in cash and cash equivalents

Cash and cash equivalents at the beginning of the year

Cash and cash equivalents at the end of the year

4,667

(3,546)

66

694

1,881

6,042

7,923

8,923

(1,010)

(3,706)

445

4,651

7,923

12,575

(Millions of yen)

Consolidated Financial Statements Notes: Amounts less than the unit expressed are omitted.These financial statements show major items only.

Net salesCost of salesGross profitSelling, general and administrative expensesOperating incomeNon-operating incomeNon-operating expensesOrdinary incomeExtraordinary incomeExtraordinary lossIncome before income taxes and minority interestsIncome taxesIncome before minority interestsMinority interestsNet income

117,35590,37926,97620,505

6,470734703

6,501157132

6,5262,9063,619

553,564

117,03688,66228,37421,487

6,8861,389

6957,5812,191

2539,5192,5646,954

736,881

Balance Sheets (Millions of yen)Statements of Income

Statements of Cash Flows

Total accumulated other comprehensive income

North America 10,659 (9.1%)

Group Network

KITZ Corporation

Head Office1-10-1 Nakase, Mihama-ku, Chiba-shi, Chiba Pref. 261-8577, JapanTEL: +81-43-299-0111

Sales Bases

Hokkaido Regional Office

Hokkaido Sales Office12-1-25 Kita 14 Jo Higashi, Higashi-ku, Sapporo-shi, Hokkaido Pref. 065-0014, Japan TEL: +81-11-733-2225

Tohoku Regional Office

Tohoku Sales OfficeAsahi Seimei Sendai Ichibancho Building, 2-7-17 Ichibancho, Aoba-ku, Sendai-shi, Miyagi Pref. 980-0811, Japan TEL: +81-22-224-5335

Kita-Kanto Regional Office

Kita-Kanto Sales OfficeSakamoto-2 Building, 3-306-1, Miyaharacho, Kita-ku Saitama-shi, Saitama Pref. 331-0812, Japan TEL: +81-48-651-5260

Niigata Sales OfficeNissai Minamisasaguchi Building, 1-1-54 Minamisasaguchi, Chuo-ku, Niigata-shi, Niigata Pref. 950-0912, Japan TEL: +81-25-243-3122

Tokyo Branch

Tokyo Sales Office 1Onward Park Building, 3-10-5 Nihombashi, Chuo-ku, Tokyo 103-0027, JapanTEL: +81-3-6836-1501


Chiba Sales Office1-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, Japan TEL: +81-43-299-1706

Yokohama Sales OfficeMeiji Yasuda Life Radio Nippon Building, 5-85Chojamachi, Naka-ku, Yokohama-shi,Kanagawa Pref. 231-0033, Japan TEL: +81-45-253-1095

Air Conditioning and Instrumentation OfficeOnward Park Building, 3-10-5 Nihombashi, Chuo-ku, Tokyo 103-0027, JapanTEL: +81-3-6836-1502

Domestic Network

KITZ (Thailand) Ltd. (Thailand)426 Moo17 Bangna-Trad Rd., T. Bangsaothong A. Bangsaothong, Samutprakarn 10540, ThailandTEL: +66-2-315-3129~31(Manufacturing and sales of copper alloy valves and butterfly valves)

KITZ Corporation of Taiwan (Taiwan) 5-26 East Street, N.E.P.Z., Kaohsiung, Taiwan (R.O.C.)TEL: +886-7-361-1235(Manufacturing and sales of stainless steel and carbon steel valves and joints)

KITZ Corporation of Kunshan (China) No. 15 Taihu South Road Economic and Technology Development Zone, Kunshan, Jiangsu, P.R. China, 215300TEL: +86-512-5763-8181(Manufacturing and sales of stainless steel valves)

KITZ Corporation of Jiangsu Kunshan (China) No.188, Zhongyang Road, B Zone, Kunshan Comprehensive Free Trade Zone, Jiangsu Province, P.R. China, 215300TEL: +86-512-5771-6078(Manufacturing and sales of carbon steel valves)

KITZ Corporation of Shanghai (China)Room 1701-1704, International Corporate City,No. 3000 North ZhongShan Rd.，PuTuo District, Shanghai, P.R. China, 200063TEL: +86-21-6439-1249(Sales, marketing and distribution of valves)

KITZ Corporation of Lianyungang (China)No. 16 Yun Yang Road, Lianyungang Economic and Technical Development Zone, Jiangsu, Province, P.R. China, 222047TEL: +86-518-8236-6061(Manufacturing and sales of carbon steel valves)

KITZ SCT Corporation of Kunshan (China)8-3, No.3 Road, Export Processing A Zone, Kunshan, Jiangsu, P.R. China, 215300TEL: +86-512-5735-0700(Manufacturing and sales of valves and fittings for semiconductor production facilities)

Micro Pneumatics Pvt. Ltd. (India)Plot No. 133-134, Vasai MunicipalIndustrial Area, Umela Phata, Papdy, VasaiRoad (West) - 401 207. Dist - Thane,Maharashtra, IndiaTEL: +91- 250-2320458(Manufacturing and sales of industrial-use (pharmaceutical, foods, petroleum) automated ball valves and butterfly valves)

U.S.A.

KITZ Corporation of America10750 Corporate Drive, Stafford, Texas 77477, U.S.A.TEL: +1-281-491-7333(Sales, marketing and distribution of valves)

KITZ SCT America Corporation 1183 Bordeaux Drive, Suite 15 Sunnyvale, California 94089, U.S.A.TEL: +1-408-747-5546(Sales, marketing and distribution of valves and fittings for semiconductor production facilities)

Europe

KITZ Corporation of Europe, S.A. (Spain)Ramon Vinas 8, 08930 Sant Adria de Besos Barcelona, SpainTEL: +34-9346-21408(Manufacturing and sales of stainless steel and carbon steel ball valves)

KITZ Europe GmbH (Germany)Siemensstraße 1, D-61130, Nidderau, GermanyTEL: +49-0-6187-928-100(Sales and marketing for Europe)

Perrin GmbH (Germany)Siemensstraße 1, D-61130, Nidderau, GermanyTEL: +49-0-6187-928-0(Manufacturing and sales of steel ball valves)

Overseas Network2 0 1 5

14

Tokyo Sales Promotion GroupOnward Park Building, 3-10-5 Nihombashi, Chuo-ku, Tokyo 103-0027, JapanTEL: +81-3-6836-1503

Industrial Sales Development GroupOnward Park Building, 3-10-5 Nihombashi, Chuo-ku, Tokyo 103-0027, JapanTEL: +81-3-6836-1501

Chubu Branch

Nagoya Sales Office 1Gojinsha Meieki 3 Building, 3-9-37 Meieki Nishi-ku, Nagoya-shi, Aichi Pref. 451-0045, JapanTEL: +81-52-562-1541

Nagoya Sales Office 2Gojinsha Meieki 3 Building, 3-9-37 Meieki Nishi-ku, Nagoya-shi, Aichi Pref. 451-0045, Japan TEL: +81-52-562-1541

Tokai Sales OfficeSumitomo Life Shizuoka Tokiwacho Building, 2-13-1 Tokiwacho, Aoi-ku, Shizuoka-shi,Shizuoka Pref. 420-0034, JapanTEL: +81-54-273-7337

Hokuriku Sales OfficeS.F Building, 4-7-14 Futakuchimachi, Toyama-shi, Toyama Pref. 939-8211, JapanTEL: +81-76-492-4685

Koshin Sales Office5125 Kanazawa, Chino-shi, Nagano Pref. 391-0012, Japan (located in Chino Plant) TEL: +81-266-71-1441

Osaka Branch

Osaka Sales Office 1Osaka Glen Check Building, 1-34-15 Shinmachi, Nishi-ku, Osaka-shi, Osaka Pref. 550-0013, JapanTEL: +81-6-6541-1178



Building Utility Products GroupOsaka Glen Check Building, 1-34-15 Shinmachi, Nishi-ku, Osaka-shi, Osaka Pref. 550-0013, JapanTEL: +81-6-6541-1357

Air Conditioning and Instrumentation OfficeOsaka Glen Check Building, 1-34-15 Shinmachi, Nishi-ku, Osaka-shi, Osaka Pref. 550-0013, JapanTEL: +81-6-6533-0350

Chugoku Regional Office

Hiroshima Sales OfficeNBF Hiroshima Tatemachi Building, 2-27 Tatemachi, Naka-ku, Hiroshima-shi,Hiroshima Pref. 730-0032, JapanTEL: +81-82-248-5903

Okayama Sales OfficeMitsui Life Okayama Building, 8-29 Saiwaicho, Kita-ku, Okayama-shi, Okayama Pref. 700-0903, JapanTEL: +81-86-226-1607

Kyushu Regional Office

Kyushu Sales OfficeZS Fukuoka Building, 3-4-2 Higashihie, Hakata-ku, Fukuoka-shi, Fukuoka Pref. 812-0007, Japan TEL: +81-92-431-7877

Project Division

Project Sales Office 11-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, Japan TEL: +81-43-299-1719

Project Sales Office 21-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, JapanTEL: +81-43-299-1719

Control Valve Sales Office1-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, Japan TEL: +81-43-299-1773

Water Supply Product Sales Dept.

Water Supply Product Sales Office1-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, JapanTEL: +81-43-299-1760

Tohoku Water Supply Product Sales OfficeAsahi Seimei Sendai Ichibancho Building, 2-7-17 Ichibancho, Aoba-ku, Sendai-shi, Miyagi Pref. 980-0811, Japan TEL: +81-22-224-5335

Kita-Kanto Water Supply Product Sales Office Sakamoto-2 Building, 3-306-1, Miyaharacho, Kita-ku Saitama-shi, Saitama Pref. 331-0812, Japan TEL: +81-48-651-5260

Yokohama Water Supply Product Sales Office Meiji Yasuda Life Radio Nippon Building, 5-85 Chojamachi, Naka-ku, Yokohama-shi,Kanagawa Pref. 231-0033, Japan TEL: +81-45-253-1095

Nishi-Tokyo Water Supply Product Sales Office ALUB Tachikawa Building, 2-3-28, Nishikicho, Tachikawa-shi, Tokyo 190-0022, Japan TEL: +81-42-595-9241

Kansai Water Supply Product Sales Office Osaka Glen Check Building, 1-34-15 Shinmachi, Nishi-ku, Osaka-shi, Osaka Pref. 550-0013, Japan TEL: +81-6-7636-1061

Market Development Dept.

1-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, JapanTEL: +81-43-299-1741

Department of Overseas Operation


Production Bases and Training Center

Plants

KITZ Corporation Nagasaka Plant2040 Nagasaka Kamijo, Nagasakacho, Hokuto-shi, Yamanashi Pref. 408-8515, JapanTEL: +81-551-20-4100

KITZ Corporation Ina Plant7130 Higashiharuchika, Ina-shi, Nagano Pref. 399-4496, JapanTEL: +81-265-78-1111

KITZ Corporation Chino Plant5125 Kanazawa, Chino-shi,Nagano Pref. 391-0012, JapanTEL: +81-266-82-0170

Training Center

KITZ Training Center3332-1239 Kamisasao Shinohara, Kobuchisawa-cho, Hokuto-shi, Yamanashi Pref. 408-0041, JapanTEL: +81-551-36-3971

KITZ Group

Toyo Valve Co., Ltd. 10-5, Nihonbashi 3-chome, Chuo-ku, Tokyo, 103-0027, JapanTEL: +81-3-6262-1652(Sales of valves and system equipment)

Shimizu Alloy Mfg. Co., Ltd.928 Higashinonamicho, Hikone-shi, Shiga Pref. 522-0027, JapanTEL: +81-749-23-3131(Manufacturing and sales of water works valves)

KITZ SCT CorporationOmorieki Higashiguchi Building, 1-5-1 Omori kita Ota-ku, Tokyo 143-0016, JapanTEL: +81-3-6404-2171(Manufacturing and sales of valves and fittings for semiconductor production facilities)

Miyoshi Valve Co., Ltd.1-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, Japan TEL: +81-43-299-1734(Sales of valves for building utilities and freezing and refrigeration equipment)

YKV Corporation1-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, Japan TEL: +81-43-299-1773(Manufacturing, sales and services of control valves for various applications)

KITZ Engineering Service Co., Ltd.1-7-59 Akanehama, Narashino-shi, Chiba Pref. 275-0024, JapanTEL: +81-47-452-0585(Maintenance services for valves)

KITZ Micro Filter Corporation2983 Shiga, Suwa-shi, Nagano Pref.392-0012, JapanTEL: +81-266-52-0002(Manufacturing and sales of fluid separation products for filters and related products)

KITZ Metal Works Corporation7377 Kobayakawa, Miyagawa, Chino-shi, Nagano Pref. 391-8555, JapanTEL: +81-266-79-3030(Manufacturing and sales of copper and processed products)

Hokutoh Giken Kogyo Corporation4601 Wakamiko, Sutamacho, Hokuto-shi, Yamanashi Pref. 408-0112, JapanTEL: +81-551-42-5151(Manufacturing and sales of metal processed products)

Hotel Beniya Co., Ltd.2-7-21 Kogan-dori, Suwa-shi, Nagano Pref. 392-8577, JapanTEL: +81-266-57-1111(Operation of hotel and restaurants)

Hokkaido Regional Office

Hokkaido Sales Office12-1-25 Kita 14 Jo Higashi, Higashi-ku, Sapporo-shi, Hokkaido Pref. 065-0014, Japan TEL: +81-11-733-2225

Tohoku Regional Office

Tohoku Sales OfficeAsahi Seimei Sendai Ichibancho Building, 2-7-17 Ichibancho, Aoba-ku, Sendai-shi, Miyagi Pref. 980-0811, Japan TEL: +81-22-224-5335

Kita-Kanto Regional Office

Kita-Kanto Sales OfficeSakamoto-2 Building, 3-306-1, Miyaharacho, Kita-ku Saitama-shi, Saitama Pref. 331-0812, Japan TEL: +81-48-651-5260

Niigata Sales OfficeNissai Minamisasaguchi Building, 1-1-54 Minamisasaguchi, Chuo-ku, Niigata-shi, Niigata Pref. 950-0912, Japan TEL: +81-25-243-3122

Tokyo Branch



Chiba Sales Office1-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, Japan TEL: +81-43-299-1706

Yokohama Sales OfficeMeiji Yasuda Life Radio Nippon Building, 5-85Chojamachi, Naka-ku, Yokohama-shi,Kanagawa Pref. 231-0033, Japan TEL: +81-45-253-1095

Air Conditioning and Instrumentation OfficeOnward Park Building, 3-10-5 Nihombashi, Chuo-ku, Tokyo 103-0027, JapanTEL: +81-3-6836-1502

Domestic Network

Overseas Network

Group Network 2015

Tokyo Sales Promotion GroupOnward Park Building, 3-10-5 Nihombashi, Chuo-ku, Tokyo 103-0027, JapanTEL: +81-3-6836-1503

Industrial Sales Development GroupOnward Park Building, 3-10-5 Nihombashi, Chuo-ku, Tokyo 103-0027, JapanTEL: +81-3-6836-1501

Chubu Branch

Nagoya Sales Office 1Gojinsha Meieki 3 Building, 3-9-37 Meieki Nishi-ku, Nagoya-shi, Aichi Pref. 451-0045, JapanTEL: +81-52-562-1541

Nagoya Sales Office 2Gojinsha Meieki 3 Building, 3-9-37 Meieki Nishi-ku, Nagoya-shi, Aichi Pref. 451-0045, Japan TEL: +81-52-562-1541

Tokai Sales OfficeSumitomo Life Shizuoka Tokiwacho Building, 2-13-1 Tokiwacho, Aoi-ku, Shizuoka-shi,Shizuoka Pref. 420-0034, JapanTEL: +81-54-273-7337

Hokuriku Sales OfficeS.F Building, 4-7-14 Futakuchimachi, Toyama-shi, Toyama Pref. 939-8211, JapanTEL: +81-76-492-4685

Koshin Sales Office5125 Kanazawa, Chino-shi, Nagano Pref. 391-0012, Japan (located in Chino Plant) TEL: +81-266-71-1441

Osaka Branch




Building Utility Products GroupOsaka Glen Check Building, 1-34-15 Shinmachi, Nishi-ku, Osaka-shi, Osaka Pref. 550-0013, JapanTEL: +81-6-6541-1357

Air Conditioning and Instrumentation OfficeOsaka Glen Check Building, 1-34-15 Shinmachi, Nishi-ku, Osaka-shi, Osaka Pref. 550-0013, JapanTEL: +81-6-6533-0350

Chugoku Regional Office

Hiroshima Sales OfficeNBF Hiroshima Tatemachi Building, 2-27 Tatemachi, Naka-ku, Hiroshima-shi,Hiroshima Pref. 730-0032, JapanTEL: +81-82-248-5903

Okayama Sales OfficeMitsui Life Okayama Building, 8-29 Saiwaicho, Kita-ku, Okayama-shi, Okayama Pref. 700-0903, JapanTEL: +81-86-226-1607

Kyushu Regional Office

Kyushu Sales OfficeZS Fukuoka Building, 3-4-2 Higashihie, Hakata-ku, Fukuoka-shi, Fukuoka Pref. 812-0007, Japan TEL: +81-92-431-7877

Project Division

Project Sales Office 11-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, Japan TEL: +81-43-299-1719

Project Sales Office 21-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, JapanTEL: +81-43-299-1719

Control Valve Sales Office1-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, Japan TEL: +81-43-299-1773

Water Supply Product Sales Dept.

Water Supply Product Sales Office1-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, JapanTEL: +81-43-299-1760

Tohoku Water Supply Product Sales OfficeAsahi Seimei Sendai Ichibancho Building, 2-7-17 Ichibancho, Aoba-ku, Sendai-shi, Miyagi Pref. 980-0811, Japan TEL: +81-22-224-5335

Kita-Kanto Water Supply Product Sales Office Sakamoto-2 Building, 3-306-1, Miyaharacho, Kita-ku Saitama-shi, Saitama Pref. 331-0812, Japan TEL: +81-48-651-5260

Yokohama Water Supply Product Sales Office Meiji Yasuda Life Radio Nippon Building, 5-85 Chojamachi, Naka-ku, Yokohama-shi,Kanagawa Pref. 231-0033, Japan TEL: +81-45-253-1095

Nishi-Tokyo Water Supply Product Sales Office ALUB Tachikawa Building, 2-3-28, Nishikicho, Tachikawa-shi, Tokyo 190-0022, Japan TEL: +81-42-595-9241

Kansai Water Supply Product Sales Office Osaka Glen Check Building, 1-34-15 Shinmachi, Nishi-ku, Osaka-shi, Osaka Pref. 550-0013, Japan TEL: +81-6-7636-1061

Market Development Dept.


Department of Overseas Operation


Production Bases and Training Center

Plants

KITZ Corporation Nagasaka Plant2040 Nagasaka Kamijo, Nagasakacho, Hokuto-shi, Yamanashi Pref. 408-8515, JapanTEL: +81-551-20-4100

KITZ Corporation Ina Plant7130 Higashiharuchika, Ina-shi, Nagano Pref. 399-4496, JapanTEL: +81-265-78-1111

KITZ Corporation Chino Plant5125 Kanazawa, Chino-shi,Nagano Pref. 391-0012, JapanTEL: +81-266-82-0170

Training Center

KITZ Training Center3332-1239 Kamisasao Shinohara, Kobuchisawa-cho, Hokuto-shi, Yamanashi Pref. 408-0041, JapanTEL: +81-551-36-3971

KITZ Group

Toyo Valve Co., Ltd. 10-5, Nihonbashi 3-chome, Chuo-ku, Tokyo, 103-0027, JapanTEL: +81-3-6262-1652(Sales of valves and system equipment)

Shimizu Alloy Mfg. Co., Ltd.928 Higashinonamicho, Hikone-shi, Shiga Pref. 522-0027, JapanTEL: +81-749-23-3131(Manufacturing and sales of water works valves)

KITZ SCT CorporationOmorieki Higashiguchi Building, 1-5-1 Omori kita Ota-ku, Tokyo 143-0016, JapanTEL: +81-3-6404-2171(Manufacturing and sales of valves and fittings for semiconductor production facilities)

Miyoshi Valve Co., Ltd.1-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, Japan TEL: +81-43-299-1734(Sales of valves for building utilities and freezing and refrigeration equipment)

YKV Corporation1-10-1 Nakase, Mihama-ku, Chiba-shi,Chiba Pref. 261-8577, Japan TEL: +81-43-299-1773(Manufacturing, sales and services of control valves for various applications)

KITZ Engineering Service Co., Ltd.1-7-59 Akanehama, Narashino-shi, Chiba Pref. 275-0024, JapanTEL: +81-47-452-0585(Maintenance services for valves)

KITZ Micro Filter Corporation2983 Shiga, Suwa-shi, Nagano Pref.392-0012, JapanTEL: +81-266-52-0002(Manufacturing and sales of fluid separation products for filters and related products)

KITZ Metal Works Corporation7377 Kobayakawa, Miyagawa, Chino-shi, Nagano Pref. 391-8555, JapanTEL: +81-266-79-3030(Manufacturing and sales of copper and processed products)

India

KITZ Corporation (India Liaison Office)805 Meadows, Sahar Plaza, Off Andheri Kurla Road, Andheri East, Mumbai 400 059, India TEL: +91-22-40154202

Korea

KITZ Corporation (Korea Liaison Office)10th Floor, Seoul Finance Center, 136, Sejong-daero, Jung-gu, Seoul, 100-768, Korea TEL: +82-2-6959-2450

U.A.E.

KITZ Corporation (Dubai Liaison Office)6EA501 Dubai Airport Free Zone, P.O. Box 293545, Dubai-U.A.E. TEL: +971-(0)4-701-7524

Hokutoh Giken Kogyo Corporation4601 Wakamiko, Sutamacho, Hokuto-shi, Yamanashi Pref. 408-0112, JapanTEL: +81-551-42-5151(Manufacturing and sales of metal processed products)

Hotel Beniya Co., Ltd.2-7-21 Kogan-dori, Suwa-shi, Nagano Pref. 392-8577, JapanTEL: +81-266-57-1111(Operation of hotel and restaurants)

Asia

KITZ Corporation of Asia Pacific Pte. Ltd. (Singapore)No.22 Pioneer Crescent, #03-06 West Park BizCentral, Singapore 628556TEL: +65-6339-0350 (Sales, marketing and distribution of valves)

KITZ Valve & Actuation Singapore Pte. Ltd.(Singapore)No.22 Pioneer Crescent, #03-06 West ParkBizCentral, Singapore 628556TEL: +65-6861-1833(Sales and maintenance of valves)

KITZ Valve & Actuation (Thailand) Co., Ltd.(Thailand)388 Exchange Tower, 29th Floor, Unit 2901-4, Klongtoey Sub-district, Klongtoey District, Bangkok, 10110, ThailandTEL: +66-2-104-9132(Sales, marketing and distribution of valves)

Nitta SC Plant

Marketing Bases, KITZ Corporation

KITZ Group

32

KITZ Corporation supports the public interest incorporated foundation Kitazawa Museum of Art as a part of social contribution activities.

Kitazawa Museum of Art1-13-28 Kogan-dori, Suwa-shi, Nagano Pref. 392-0027, JapanTEL: +81-266-58-6000

Strengthening Overseas Environmental Management

The KITZ Group formulated its “KITZ Global Vision 2020,” a Long-term

Management Plan, and places promotion of environment-responsive

business operations as a major item for strengthening its business

foundations. In the Environmental Mid-term Plan, we set out a target

for all 16 production bases in Japan and overseas to acquire ISO

14001 certification. We will continue to make efforts toward the

establishment of global environmental management.

KITZ Group Environmental Report Digest 2015

1.

KITZ Group companies aspire to become operations worthy of society’s confidence through the supply of environmentally friendly products and services and promotion of environment-responsive corporate activities.

2 0 1 5KITZ Group Environmental Report Digest

KITZ Group Principle of Environmental Activities

KITZ Group companies shall recognize environmental issues as an essential perspective of corporate management and every employee shall positively participate in the following activities.

Development and supply of environmentally friendly products and services

1. KITZ is dedicated to ensuring safety and health for all employees by complying with Japan’s Industrial Safety and Health Act and other associated laws and regulations as well as by adhering to internal rules and standards.

2. KITZ improves safety and health management by educating and training all employees with regard to the knowledge and skills needed for safety and health programs.

3. KITZ is dedicated to ensuring the safety of its machinery and equipment so that employees can do their jobs without concern.

4. KITZ reduces exposure to risk factors with the goal of eliminating potential sources of danger and harm to employees in workplaces.

5. KITZ maintains stimulating and pleasant workplaces that contribute to the mental and physical wellbeing of all employees.

2. Effective use of resources

3. Promotion of reduction, reuse and recycle of waste

4. Prevention of environmental contamination

KITZ Group Companies: Environmental Action Policy

KITZ Corporation Environmental and Safety Group

2040 Nagasaka Kamijo, Nagasakacho, Hokuto-shi, Yamanashi Prefecture 408-8515, JapanTEL: +81-551-20-4104 FAX: +81-551-20-4180Website: http://www.kitz.co.jp/english/about/environment.html

Calculation Standards (Results in FY2014)

Environmentalperformance index

INPU

T

Unit

Total energy input amount

Raw materialsinput amount

Use amount of water

GJ

GJ

Ton

m3

Ton

Calculation method

OU

TPU

T

Carb

on d

ioxi

de (C

O₂ )

em

issi

on a

mou

nts

Waste

CO2 emitted from the energy used in business activities (t)

* List of calculation method and emission coefficients in the calculation, report and publication system under the Law to Promote Global Warming Countermeasures

Bunker A: 2.76 kg-CO2/R Kerosene: 2.50 kg-CO2/R Light Oil: 2.62 kg-CO2/R

LPG: 3.01 kg-CO2/kg City Gas: 2.08 kg-CO2/m3

Cold/Hot Water: 0.057 kg-CO2/MJ Gasoline: 2.29 kg-CO2/R

Tokyo Gas: 2.19 kg-CO2/m3 Osaka/Kita Gas: 2.29 kg-CO2/m3

Final disposed amount: consigned waste amount (t) x final disposal rate *(%)* General Waste: 10.7% quoted from the Ministry of the Environment, “Status of Discharge and Disposal of General Waste, etc. (Results in fiscal 2013)” Industrial Waste: figures obtained from intermediate waste disposal service responses

Dust amount (t) = dust density (g/m3N) x dry exhaust gas amount per unit hour (m3N/h) x annual operation hours (h/year) x 10-6

SOx (t) = sulfur oxide density (ppm) x dry exhaust gas amount per unit hour (m3N/h) x annual operation hours (h/year) x 64/22.4 x 10-9

NOx (t) = nitrogen oxide density (ppm) x dry exhaust gas amount per unit hour (m3N/h) x annual operation hours (h/year) x 46/22.4 x 10-9

Electric power (kg-CO2/kWh)

Tokyo Electric Power Company, Incorporated: 0.530

Kansai Electric Power Company Co., Ltd.: 0.522Hokuriku Electric Power Company, Incorporated: 0.630

Chubu Electric Power Co., Inc.: 0.513

Chugoku Electric Power Co., Inc.: 0.719

Hokkaido Electric Power Co., Inc.: 0.678

Kyushu Electric Power Co., Inc.: 0.613Tohoku Electric Power Co., Inc.: 0.591

Business activities

Energy amount consumed in business activities (GJ)

Amount of cold and hot water, the heat source, accepted from local cooling and heating system for ventilation use at KITZ Head Office Building (Makuhari New City, Chiba)

Annual use amount of raw materials directly used for manufacturing of products (t)

Annual use amount of clean water and underground water (m3)

* Source: Energy supply and demand results in 2013 (final) (published on April 14, 2015) Resources and Energy Agency

Electricity: 3.6 MJ/kWh Bunker A: 38.9 MJ/R Kerosene: 36.5 MJ/R Light Oil: 38.0 MJ/R LPG: 50.1 MJ/kg City Gas: 40.3 MJ/m3 Gasoline: 33.4 MJ/R

∑[Each energy annual use amount x each unit calorific value] x 10-3

Target Period: Target period was FY2014 (April 1, 2014 ~ March 31, 2015) and the results for the period are reported.Scope of Reporting: KITZ Corporation and six group companies in Japan (see website).Policy and Standards for Collection and Reporting of Environmental Performance Information: In compliance with environment-related laws and regulations, the report is published in accordance with the “KITZ Group Environmental Philosophy,” the “KITZ Group Environmental Action Guidelines,” the “KITZ Group Environment, Safety and

Health Performance Data Calculation Guidelines” and other environment-related internal regulations.Referenced Guidelines:The Ministry of the Environment, Environmental Report Guidelines (2012 Edition)The Ministry of the Environment, Environmental Accounting Guidebook (2005 Edition)Published: July 2015Next publication: July 2016 (to be issued every year)

■ Business Offices That Have Acquired Integrated ISO 14001 Certification

Name of business office

■ Status of Acquisition of ISO 14001 Certification (Overseas)

Date of acquisition

(1) KITZ Corporation of Taiwan

(2) KITZ (Thailand) Ltd. Bangplee Plant

(3) KITZ Corporation of Kunshan

(4) KITZ Corporation of Jiangsu Kunshan

(5) KITZ (Thailand) Ltd. Amatanakorn Plant

(6) KITZ Corporation of Europe, S.A.

November 2000

December 2010

December 2010

April 2011

February 2012

May 2012





KITZ Metal Works Corporation

KITZ Micro Filter Corporation (Head office plant and second plant)



Toyo Valve Co., Ltd. Koshin Sales Office

Take Preventive Steps and Improve Safety Awareness Through Group-wide Safety and Health Programs

KITZ implements measures from the two perspectives of coordinated programs and thorough management by line managers (bottom-up

approach via small group activities), with emphasis placed on changing the mindset of each person to improve safety awareness and reform

workplace culture.

KITZ has formulated the following key actions as measures for employee safety and health with the aims of taking preventive steps for safety

and improving safety awareness.

Office safety activities

Take preventive steps Improve safety awareness

KITZ Group Safety and Health Fundamental Philosophy

KITZ Group Safety and Health Fundamental Policies

KITZ places the highest priority on safety and health in all of its activities based on the principle of showing respect for people. Group companies conduct extensive safety and health programs with the goal of zero accident.

KITZ Group Safety and Health Activities

Develop a management system

Create frameworkMake it visible

Develop a management system (comply with safety and health related laws and regulations)Implement safety measures for machines, equipment and people (prevent similar accidents)Create workplace culture (promote zero accidents)

Implement safety measures for machines, equipment and people

Measures for equipment and environmentMeasures for people

Create workplace culture

Activate small group activitiesIntroduce enlightenment programs

6 15

China(3) (4) Taiwan

(1)

Thailand(2) (5)

Spain(6)

Targets of Environmental Issues in Long-Range Management Projections

Environmental Management Agenda Needed to Accomplish Targets

1. Enhancement of Environmental Management System

2. Reduction in Environmental Impact

3. Compliance with Environment-Related Laws and Regulations

Items to control:

Enhancement of corporate business infrastructure(Group-wide environment-responsive management)

Enhancing management system

Risk prevention Cost reductionBalanced

CO₂ emissions


Forcused subject

Category Category Numerical targets (Unit) Results inFY2013

Results inFY2014

FY2014 lessFY2013Main actions

Details of effects Amount

Capitalinvestment Expenditures

Enhancement ofEnvironmentalManagement

System

1. Strengthening environmental management system

2. Establishment of a recycling-oriented society

3. Reduce hazardous chemical substances

4. Prevent global warming

5. Visualization of environmental risk and responses

Cost for premises

Pollution control

Global environmentprotection

Resourcecirculation

66,464

89,785

337

730

Total costs Costs for environmental conservation Total operationcosts (A)

Total capital investment

Total R&D expenditures

3,687,433

1,935,935

2.9% against total operation cost (A)

4.6% against total operation cost (A)

Earned from recycling waste and used products

Saved by energy saving activities

Reduced recycling expenditures

Saved by waste reduction

Consumed totalenergies (GJ)

Consumed PRTRmaterials (ton)

Consumed undergroundwater (m3)

Consumed cleanwater (m3)

Greenhouse gasemission (ton-CO2)

Discharged or displacedchemicals (ton)

Discharged total waste(ton)

509,809

4,876

138,703

252,455

60,232

278

8,216

704,892

4,872

346,197

602,742

76,227

306

8,393

(195,083)

4

(207,494)

(350,288)

(15,996)

(28)

(177)

415,466

112,026

204,808

4,530

736,830

Product recycling

Administrative duties

Research anddevelopment

Social activities

Damaged environmentrecovery

Other costs

TotalProfits

Savedexpenditures

Total

(1) Legal compliance

Sales consumption units 0.28t/¥100 million

Sales consumption units 503.64GJ/¥100 million

Sales consumption units 58.22t-CO2/¥100 million

(*) KITZ and domestic group companies (except for sales offices)

(Thousand of yen)

(Thousands of yen)

0.24t/¥100 million (*)

474.01GJ/¥100 million (*)

55.12t-CO2/¥100 million (*)

Reduction inEnvironmental

Impact

Compliance withEnvironment-Related Laws

and Regulations

Actions planned Target for FY2014 Results in FY2014

Environmental Target and Results in FY2014

Environmental Data

We introduced “promotion of Group environment-responsive business operations” in the Second Mid-term Management Plan (FY2013 – FY2015) to promote environmental activities.

Environmental Accounting in FY2014

Overall Image of Environmental Impact

Scope of compilation is KITZ Corporation (Head Office, Nagasaka, Ina, Chino), KITZ Metal Works Corporation, KITZ Micro Filter Corporation, KITZ SCT Corporation, Shimizu Alloy Mfg. Co., Ltd. and KITZ Engineering Service Co., Ltd.

Effects related with input resources

Effects related with output waste and pollutants

INPUT in FY2014

KITZ GROUP

Major Energies Manufacturers

ElectricityPurchased electric power Solar power generationCity gasBunker ALPGKeroseneCold and hot water

(1,000 kWh)(1,000 kWh)

(1,000 m3)(kl)(t)

(kl)(GJ)

96,4864810

7301,944

6333,026

(Sales offices)

400

1725

Servicecompanies

4,084

25666

16932

Water

Clean waterUnderground water

(1,000 m3)(1,000 m3)

138252

1 93

Main Raw Materials Manufacturers

LeadNickelManganeseChromeCopperZinc

(t)(t)(t)(t)(t)(t)

(t)(t)(t)

2,113411

1,485559

41,01920,909

Main Auxiliary Materials

Sand for cores and castingsPaint and thinnerOil solution

5,190198321

OUTPUT in FY2014

Emission in Air

Development and Design Procurement Production Logistics Sales

Manufacturers

CO2

DustNOxSOx

Industrial wasteNon-industrial wasteValuable substancesFinal disposal

AirWastePublic water

(t)(t)(t)(t)

(t)(t)(t)(t)

60,1114.34.64.1

(Sales offices)

489

Servicecompanies

3,5040.02.7

Discharge of Waste Manufacturers

8,003184

6,015312

(Sales offices)

1

Servicecompanies

76143

4839

Discharge of PRTRTarget Chemicals

(t)(t)(t)

662120.1

Energy Consumption Amount (GJ)

(Base Year) FY2005

FY2012 FY2013 FY2014

(Base Year) FY2005

FY2012 FY2013 FY2014

(Base Year) FY2005

FY2012 FY2013 FY2014

Sales Consumption Units (GJ/Sales (¥100 million))

Energy Consumption (GJ)

800,000

600,000

200,000

0

600

450

400,000 300

150

0

513,307

191,690

6,122

183,970

5,911

519,427 520,922

Industrial Waste Amounts (t)

Manufacturers (except for sales offices)

Consumption units at manufacturers (except for sales offices)

(t)

Sales Output (t/Sales (¥100 million))

Discharge of Industrial Waste (ton) Consumption of PRTR Target Chemicals (tons of top 5 items)

15,000

10,000

5,000

0

12

8

4

0

8,974

9.858.58

7.40

2,113

1,485

559

412

27797 69 76

8,843 7,9547.17

8,003

CO2 Emission Amounts (t-CO2)

Lead

Manganese

Chrome

Nickel (metal)

Chrome oxide

Sales Output (t-CO2/Sales (¥100 million))

CO2 Emission (ton- CO2)

100,000

75,000

50,000

25,000

0

60

45

30

15

0

47,752

52.457.9 57.2

512

59,674

14,76714,805523

61,460

53.9

60,111

0 500 1,000 1,500 2,5002,000

* PRTR target substances, for which annual handling amounts are less than 1t and content is less than 1%, are also compiled.

We aim to promote environment-responsive business operations across our entire groupwhile simultaneously pursuing risk prevention and cost reduction

The KITZ Group has designated “Group-wide promotion of environmentally conscious management” as one measure for strengthening our business foundation to realize our slogan “Evolution to become a fully global company,” which is articulated in the KITZ Global Vision 2020, a Long-term Management Plan. Based on this, we have set three targets of “Enhancement of Environmental Management System,” “Reduction in Environmental Impact” and “Compliance with Environment-Related Laws and Regulations.”

We have completed certification for ISO 14001 at all our production plants (seven locations) in Japan and will now expand efforts for obtaining ISO 14001 certification to our overseas bases. We will strive to complete the acquisition of ISO 14001 certification in the near future at all overseas manufacturing bases with the aim of building an environment management system as a truly global company.

The KITZ Group will work in unison to undertake environment-responsive management to attain these three targets based on its policy of achieving a balance between risk prevention and cost reduction.

(1) Revice to integrated ISO 14001(7 domestic bases).

(2) Implement environmental results management at overseas production bases (energy, waste materials, others).

(1) Building the basic structure for group-wide environmental management system

(1) Enhanced structure for gathering information about law revisions and made responses.

(2) Disposal of PCB waste materials at the KITZ Group in Japan

Responded to revised Water Quality Pollution Control Act. Responded to revised fluorocarbons law

Completed disposal of 21,300Rof low-concentration PCB.

(1) Completed the Group review in October 2014.

(2) KITZ (Thailand) Ltd. curried out environmental audit.

563.2504.3 484.9

38,7255,366

508,364

455.6

Enhancement of Environmental Management System

We have set the target of reducing consumption of energy and water used for our business activities and reducing the discharge of carbon dioxide, industrial waste and chemical pollutants from our business operations. We will effectively use finite resources while extensively eliminating waste to reduce environmental impacts in terms of total volume and basic units.

Reduction in Environmental Impact

Besides complying with various environment-related laws and regulations for addressing environmental problems amid a tightening of restrictions worldwide, including in Japan, Europe, Asia and the United States, we also engage in activities to eliminate all environmental risk associated with our business activities.

Industrial waste discharge

Water consumption

Streamlining action processes Reducing environmentallyhazardous substances

Group activitiesApplication of management system

Building the basic structureCultivation of human resourcesVisualization

Combating global warmingCommon issues (handling waste and water)Care for local communitiesPrevention of future risk issues

Energy consumption

Final disposal of waste

Discharge of PRTR target chemicals

Compliance with Environment-Related Laws and Regulations



Sales consumption units 454.98 m3/¥100 million

7.28t/¥100 million (*)

0.30t/¥100 million (*)

418.90 m3/¥100 million (*)

Service companies (data compiled from FY2008)

Sales offices of manufacturers (data compiled from FY2009)

Environmental Conservation Costs Environmental Conservation Effects

Economic Effects of Environmental Conservation Activities

Brea

kdow

n

Introduction, purchasing and maintenance of facilities

Introduction of facilities and equipment

Reduction, recycling and outsourced disposal of waste

Collection and recycling of used goods

ISO-related works, environmental measurement and disclosure of environmental informationDevelopment of lead-free and other environmentally friendly products

Promotion of greening activitiesPurification of underground water

0

105,454

0

553,273

99,454

67,453

23,475

8,525

0

0

0

0

6,000

387,938

108,780

82,492

196,666

8,019

(1) Reducing discharged waste

(2) Reducing finally disposed waste

(2) PCB

(3) Reducing consumed water resource

(4) Reducing discharged PRTR Class-1 chemicals

(5) Reducing energy consumption

(6) Reducing CO2 emission

ISO 14001 certification and control of environmental issues for overseas manufacturing operations

3 42

3,504489

Strengthening Overseas Environmental Management

The KITZ Group formulated its “KITZ Global Vision 2020,” a Long-term

Management Plan, and places promotion of environment-responsive

business operations as a major item for strengthening its business

foundations. In the Environmental Mid-term Plan, we set out a target

for all 16 production bases in Japan and overseas to acquire ISO

14001 certification. We will continue to make efforts toward the

establishment of global environmental management.


1.

KITZ Group companies aspire to become operations worthy of society’s confidence through the supply of environmentally friendly products and services and promotion of environment-responsive corporate activities.

2 0 1 5KITZ Group Environmental Report Digest

KITZ Group Principle of Environmental Activities

KITZ Group companies shall recognize environmental issues as an essential perspective of corporate management and every employee shall positively participate in the following activities.

Development and supply of environmentally friendly products and services

1. KITZ is dedicated to ensuring safety and health for all employees by complying with Japan’s Industrial Safety and Health Act and other associated laws and regulations as well as by adhering to internal rules and standards.

2. KITZ improves safety and health management by educating and training all employees with regard to the knowledge and skills needed for safety and health programs.

3. KITZ is dedicated to ensuring the safety of its machinery and equipment so that employees can do their jobs without concern.

4. KITZ reduces exposure to risk factors with the goal of eliminating potential sources of danger and harm to employees in workplaces.

5. KITZ maintains stimulating and pleasant workplaces that contribute to the mental and physical wellbeing of all employees.

2. Effective use of resources

3. Promotion of reduction, reuse and recycle of waste

4. Prevention of environmental contamination

KITZ Group Companies: Environmental Action Policy

KITZ Corporation Environmental and Safety Group

2040 Nagasaka Kamijo, Nagasakacho, Hokuto-shi, Yamanashi Prefecture 408-8515, JapanTEL: +81-551-20-4104 FAX: +81-551-20-4180Website: http://www.kitz.co.jp/english/about/environment.html

Calculation Standards (Results in FY2014)

Environmentalperformance index

INPU

T

Unit

Total energy input amount

Raw materialsinput amount

Use amount of water

GJ

GJ

Ton

m3

Ton

Calculation method

OU

TPU

T

Carb

on d

ioxi

de (C

O₂ )

em

issi

on a

mou

nts

Waste

CO2 emitted from the energy used in business activities (t)

* List of calculation method and emission coefficients in the calculation, report and publication system under the Law to Promote Global Warming Countermeasures

Bunker A: 2.76 kg-CO2/R Kerosene: 2.50 kg-CO2/R Light Oil: 2.62 kg-CO2/R

LPG: 3.01 kg-CO2/kg City Gas: 2.08 kg-CO2/m3

Cold/Hot Water: 0.057 kg-CO2/MJ Gasoline: 2.29 kg-CO2/R

Tokyo Gas: 2.19 kg-CO2/m3 Osaka/Kita Gas: 2.29 kg-CO2/m3

Final disposed amount: consigned waste amount (t) x final disposal rate *(%)* General Waste: 10.7% quoted from the Ministry of the Environment, “Status of Discharge and Disposal of General Waste, etc. (Results in fiscal 2013)” Industrial Waste: figures obtained from intermediate waste disposal service responses

Dust amount (t) = dust density (g/m3N) x dry exhaust gas amount per unit hour (m3N/h) x annual operation hours (h/year) x 10-6

SOx (t) = sulfur oxide density (ppm) x dry exhaust gas amount per unit hour (m3N/h) x annual operation hours (h/year) x 64/22.4 x 10-9

NOx (t) = nitrogen oxide density (ppm) x dry exhaust gas amount per unit hour (m3N/h) x annual operation hours (h/year) x 46/22.4 x 10-9

Electric power (kg-CO2/kWh)

Tokyo Electric Power Company, Incorporated: 0.530

Kansai Electric Power Company Co., Ltd.: 0.522Hokuriku Electric Power Company, Incorporated: 0.630

Chubu Electric Power Co., Inc.: 0.513

Chugoku Electric Power Co., Inc.: 0.719

Hokkaido Electric Power Co., Inc.: 0.678

Kyushu Electric Power Co., Inc.: 0.613Tohoku Electric Power Co., Inc.: 0.591

Business activities

Energy amount consumed in business activities (GJ)

Amount of cold and hot water, the heat source, accepted from local cooling and heating system for ventilation use at KITZ Head Office Building (Makuhari New City, Chiba)

Annual use amount of raw materials directly used for manufacturing of products (t)

Annual use amount of clean water and underground water (m3)

* Source: Energy supply and demand results in 2013 (final) (published on April 14, 2015) Resources and Energy Agency

Electricity: 3.6 MJ/kWh Bunker A: 38.9 MJ/R Kerosene: 36.5 MJ/R Light Oil: 38.0 MJ/R LPG: 50.1 MJ/kg City Gas: 40.3 MJ/m3 Gasoline: 33.4 MJ/R

∑[Each energy annual use amount x each unit calorific value] x 10-3

Target Period: Target period was FY2014 (April 1, 2014 ~ March 31, 2015) and the results for the period are reported.Scope of Reporting: KITZ Corporation and six group companies in Japan (see website).Policy and Standards for Collection and Reporting of Environmental Performance Information: In compliance with environment-related laws and regulations, the report is published in accordance with the “KITZ Group Environmental Philosophy,” the “KITZ Group Environmental Action Guidelines,” the “KITZ Group Environment, Safety and

Health Performance Data Calculation Guidelines” and other environment-related internal regulations.Referenced Guidelines:The Ministry of the Environment, Environmental Report Guidelines (2012 Edition)The Ministry of the Environment, Environmental Accounting Guidebook (2005 Edition)Published: July 2015Next publication: July 2016 (to be issued every year)

■ Business Offices That Have Acquired Integrated ISO 14001 Certification


■ Status of Acquisition of ISO 14001 Certification (Overseas)

Date of acquisition

(1) KITZ Corporation of Taiwan

(2) KITZ (Thailand) Ltd. Bangplee Plant

(3) KITZ Corporation of Kunshan

(4) KITZ Corporation of Jiangsu Kunshan

(5) KITZ (Thailand) Ltd. Amatanakorn Plant

(6) KITZ Corporation of Europe, S.A.

November 2000

December 2010

December 2010

April 2011

February 2012

May 2012





KITZ Metal Works Corporation

KITZ Micro Filter Corporation (Head office plant and second plant)



Toyo Valve Co., Ltd. Koshin Sales Office

Take Preventive Steps and Improve Safety Awareness Through Group-wide Safety and Health Programs

KITZ implements measures from the two perspectives of coordinated programs and thorough management by line managers (bottom-up

approach via small group activities), with emphasis placed on changing the mindset of each person to improve safety awareness and reform

workplace culture.

KITZ has formulated the following key actions as measures for employee safety and health with the aims of taking preventive steps for safety

and improving safety awareness.

Office safety activities

Take preventive steps Improve safety awareness

KITZ Group Safety and Health Fundamental Philosophy

KITZ Group Safety and Health Fundamental Policies

KITZ places the highest priority on safety and health in all of its activities based on the principle of showing respect for people. Group companies conduct extensive safety and health programs with the goal of zero accident.

KITZ Group Safety and Health Activities

Develop a management system

Create frameworkMake it visible

Develop a management system (comply with safety and health related laws and regulations)Implement safety measures for machines, equipment and people (prevent similar accidents)Create workplace culture (promote zero accidents)

Implement safety measures for machines, equipment and people

Measures for equipment and environmentMeasures for people

Create workplace culture

Activate small group activitiesIntroduce enlightenment programs

6 15

China(3) (4) Taiwan

(1)

Thailand(2) (5)

Spain(6)

management structure and corporate data 2015 · 4,671 4,367 3,818 3,411 2,956 2,865 2,625 2,553...

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