Founded by Tahei Koizumi, one of the Omi merchants, Koizumi Sangyo Group has continuously developed for over 300 years with the Omi merchant’s idea of “Sanpo Yoshi (A Good Deal for Everyone: making the seller, buyer, and society happy)” and our unique philosophy based on our corporate motto, “Developing a good personality.” Keeping these ways of thinking in mind, we will strive to meet the expectations of customers and society while looking toward the future.

Brand History

Foundation

Establishment of Omiya Shinsuke Shoten

Opening of Tachikiya Morinosuke Shoten in Osaka;The first year as a modern enterprise

Adoption of corporate logo

Establishment of Koizumi General Partnership Company

Establishment of Koizumi Jusuke Shoten

Establishment of Koizumi Shoten Co., Ltd. (Incorporation of Koizumi Jusuke Shoten)

Acquisition and incorporation of Goko Seiki Kogyo,which sold and processed aircraft gauges

Rebranding of Goko Seiki Kogyo Co., Ltd. asKoizumi Sangyo Corp.

Start of operations such as manufacturing and wholesale of electric, gas, and kerosene appliances

Full-scale entry into the lighting market, launching the brand “Hikari”

Full-scale entry into the furniture market

Industry’s first television advertisement for a study desk

Certified as a century-old company by the Osaka Chamber of Commerce and Industry

Start of five-year Newborn Activity, aimed at employees’ mindset and structural reforms

Establishment of Matec Inc. (now Koizumi Lighting Device Corp.) and Hello Living Corp.

Implementation of a newcorporate identity(Rebranding of “Hikari” to “Koizumi”)

Separation of trading department and reestablishment as Koizumi Seiki Corp.

Establishment of Koizumi Lighting Corp. as a manufacturing plant for lighting fixtures under direct management

Establishment of Koizumi Logistics Service Corp.

Opening of Dongguan Office in China

Establishment of Koizumi Sangyo (H.K.) Corp.

The first Koizumi Furniture Design Exhibition for Students

Introduction of Koizumi Eco Products symbol

Demerging of lighting and furniture business operations

Forming of a corporate group with Koizumi Sangyo Corp. as the holding company

Establishment of Koizumi Lighting Technology (Shanghai) Co., Ltd.

Establishment of Dongguan Koizumi Lighting Corp.

Manufacturing plant for LED lighting fixtures established by Koizumi Lighting Corp.

Incorporation of Horiuchi Total Service Corp. into Koizumi Sangyo Group

Koizumi brand revamped

Incorporation of Bizlink Associates Pte. Ltd.(now Koizumi Lighting Singapore Pte. Ltd.)into Koizumi Sangyo Group

300th anniversary of foundation

Establishment of Koizumi Lighting Vietnam Co., Ltd.

Sponsorship of professional J1 League soccer team Cerezo Osaka begins

PR videos begin showing on large digital signage at the entrance to JR Osaka Station

1716

1847

1871

1904

1915

1941

1943

1946

1957

1967

1971

1978

1981

1986

1989

1991

1999

2000

2002

2004

2005

2006

2009

2012

2013

2015

2016

2018

2019

COMPANY PROFILE 2020KOIZUMI SANGYO GROUP

This product is made of material from well-managed, FSC®-certified forests and other controlled sources.

Printed with VolatileOrganic Compounds,VOC,Free inks.

CONTENTS02 Koizumi Spirits

08 Group’s Business

10 Group Overview

12 Brand History

KOIZUMISPIRITS

Since its foundation in 1716, Koizumi Sangyo Group has always rapidly responded to the needs of people to bring to life products and realize our values. We have always aimed to maintaina customer-first, market-based,and forward-thinking approach.At the root of this is our determination to always place great importance on delivering products, services, and solutions from people to people.How was the “Koizumi Spirit” created and developed over the centuries?Let’s find out through the history of our company.

WorkphilosophySanpo Yoshi(A Good Deal for Everyone)

The idea of “Sanpo Yoshi” (A Good Deal for Ev-eryone: The philosophy of Omi merchants who believed business is good only when it makes the seller, buyer, and society happy) is once again drawing attention around the world, this time in relation to SDGs. Since our foundation, we have passed down this idea while adapting to the times, and given back to customers by providing value. At employee training events, we emphasize the impor-tance of pursuing things that are in everyone’s best interests, and this has become our work philosophy.

Business ethics andemployee educationby developing a good personality

“Developing a good personal-ity” represents the concept of the Omi merchants’ traditional education, which at the time was passed down to employ-ees’ children, and is now our corporate motto. It sits at the core of our business ethics and employee education. Even now, we enthusiastically engage in educational activities at many different levels through chan-nels such as Koizumi Academy.

Always for customersTenacity, proactivity, passion, ideas, and sensitivityOver its 300-year history, our group has experienced wars, recessions, external regulation, sudden loss of leaders, market changes, and many other difficulties. It wouldn’t be an overstatement to say that the passion, tenacity, proactiv-ity, patience—the spirit of our people—has been the main factor in enabling us to overcome these challenges, and that these experiences are what have precipitated the ideas and sensitivity that deliver value to our customers. While people have come and gone, the form has changed, and the gener-ations have passed, this Koizumi Spirit has survived until today and is the reason customers trust us.

An enterprising spirit“We have a different idea”Our enterprising spirit of boldly taking on new challenges without being restrained by conventional ideas is a true reflection of our brand state-ment, “We have a different idea.” Even when entering a new market or developing products and services, we have always sought to bring our customers new value one step ahead of the times.

*This Company Profile was produced with consideration for COVID-19 pandemic.

Be unique and specialSince before WWII, we have believed that being unique and special is the key to survival in rapidly changing times and that it is also a valuable asset which allows us to pave the way toward the future. This belief is also linked to our current brand statement, “We have a different idea.” At the root of this lies the idea of being aware of the latest trends and customers’ needs.

FROM PEOPLETO PEOPLE.

2 3

1967

1978

1976

1947 1966

1987

1982

“6 + 3 + 3 makes 12 years”study desk with removable shelvesthat can be used up to high school

A desk lamp, the origin of Koizumi’s lighting fixtures

Two years after the end of World War, we anticipated electronic products becoming popular in Japanese homes and developed several home appliances, one of which was a desk lamp. Later, it sparked the development of many other products, such as flexible arm lamps, cut glass lamps, Japanese style lamps, and fluorescent lamps.

“Keisetsu,” the industry’s first study desk with a fluorescent lamp

As a result of the rapid economic growth, people came to live more af-fluent lives. This caused them to spend more money not only on things, but also on the education of their children. Taking this into account, we launched the industry’s first study desk with a fluorescent lamp, making use of our lighting technology.

The shelves of conventional study desks were fixed and unremovable, so we developed a new one where the shelves were removable, enabling junior and senior high school students to use it as a simple desk. Thanks to the slogan “6 + 3 + 3 makes 12 years” referring to six years of elementary school, three years of junior high school, and three years of high school, it became hugely popular.

“Bansan” Cooking Table with inbuilt gas stove

While houses were becoming more westernized and the demand for dining tables was rising, we started to notice an increasing number of people complaining that pre-paring a gas stove for hot pot cooking is too much effort. This newly-developed cooking table with an inbuilt gas stove met customers’ needs and was incredibly popular.

The mobile lighting showroom, “Lighting Savoir”

In response to requests to make it possible to choose products by viewing real samples, we ordered a custom-made showroom built into a trailer. With the motto “nationwide showroom,” we held mobile exhibitions for customers throughout Japan.

Inverter Lighting Fixtures, groundbreaking energy-efficient lighting

The inverter circuit, noted for its high efficiency, low noise, and ability to turn on immediately, was developed following an energy saving trend. As one of the first special manufacturers working on its commercialization, we provided a large variety of products to meet our customers’ demands.

The industry’s first attempt at a lighting showroom

In the 1960s to 1970s, there was a rapid increase in the number of our partners selling lighting fixtures. We decided to open a showroom as a place to propose ways of selling them, which up until that point had not been clear. We provided a place to view products, along with some tips relating to store layout, among other suggestions.

1988

LCR, a team of professionals who know everything about lighting

Very early on, we established the LCR (Lighting Creative Room), a team special-izing in lighting design based on the idea that lighting is incredibly important for the atmosphere of spaces. It has made a number of lighting proposals to advanced spaces like shopping complexes.

The Lighting Academy, which divulged lighting design techniques

Lighting consists of the fixture itself and the atmosphere created by light. With the goal of devel-oping lighting culture, the acade-my passed down to professionals lighting design techniques which could have a significant impact on the atmosphere.

1973

Koizumi International Lighting Design Competition for Students

In order to develop young people with talent and make lighting culture more popular, we established a unique Lighting Design Com-petition for students around the world. We have held it 25 times so far and there have been a total of 33,000 applicants from 42 countries.

1991Building up technological bases as an expert manufacturer through our “Development & Engineering Center”

The Development & Engineering Center was established with the goal of carrying out unique R&D of lighting technologies. With a section researching the basic and applied tech-nologies needed for product development, and another handling design to commercial-ization, it established our technological bases.

Adopting rubberwood to tackle resource exhaustion and reduce costs

Rubberwood was originally regarded as waste, but consid-ering its hardness, feel, and rapid growth, we decided to adopt the material. Because it grows so fast, it is reasonably priced and a stable supply can be ensured, which solves many problems at once.

1977

1990The Inverter Desk,a new standard for study desks

Not only were we one of the first com-panies in the lighting industry to engage in development of inverter fixtures, but we also led the way with implementation of inverter lights that are easy on the eyes into study desks, cre-ating a new standard for them.

Hands-on showroom,Koizumi Lighting Theater “IZM”

IZM introduced the concept of “hands-on” to showrooms, completely differing from the conventional ideas which centered on the coordination of fixtures. The facilities furnished with a variety of simulation equip-ment brought new life to the industry.

Improving our products and services to contribute to customers and society

2013

1999“Photocatalyst Lighting” which cleans the air

By bringing together certain features of pho-tocatalysts and ultravi-olet rays, we invented a lighting fixture that can keep a room’s air clean. This product drew a lot of attention soon after its launch as sick building syndrome had become a social issue.

“Healthy Desks Declaration” promising safe and reliable kids’ furniture for studying

The “Healthy Desks Declara-tion” was put into place based on the idea that safety and reliability are essential to chil-dren’s furniture for studying. For a variety of health, safety, and environmental concerns, we made sure to avoid using formaldehyde and dioxin.

2001 AcquiredISO 9001 certification

2002 AcquiredISO 14001 certification

ISO 9001 and ISO 14001 certifications in the lighting business

We acquired international standards certifi-cations ISO 9001 for Quality Management Systems in 2001 and ISO 14001 for Environ-mental Management Systems in 2002, and worked on strengthening the organization’s quality assurance system and environmental management functions.

2012Donations of study desks to orphanages

We donate our study desks to children in orphanages. We send staff along with the desks to the site to help children assemble them. This moral and material support is appreciated by the institutions.

“Koizumi Lighting Technology R&D Center,” a base for lighting culture creation, completed

Based on the concept of “a forest of lights,” this R&D Center is also a hands-on showroom that focuses on LED lighting. The innovative office equipped with extremely advanced lighting facilities that are environ-mentally friendly and take into account various working styles is highly praised by our customers.

2017

The proposal-based LED lighting studio, “KLOS”

We opened Koizumi Lighting Operation Studio as a space for future innovation, where we aim to provide solutions through interactive communication with cus-tomers, offering proposals for optimization and showing the latest LED lighting technologies. It is possible to present states of lighting throughout the facility, chang-ing the atmosphere in each room.

Launch of products compatible with DALI, global technical standards for lighting control

Development of “TRee,” the lighting control system

DALI is currently spreading to large institutions and offices as technology that can control lighting to realize pleasant spaces. Koizumi Lighting Tech-nology began the development and sales of DALI-compatible products some time before other companies.

We developed “TRee,” a system that controls lighting for IoT-based smart homes. By link-ing it to a smart speaker, the user can choose lighting scenes and adjust brightness or color temperature through voice commands.

“Step-up Desk,” a new style of study desk

We decided to take a different approach to study furniture, and came up with the idea of a “desk with a standing shelf,” contrasting with the conven-tional “desk with an upper shelf.” The shelf can either be affixed to or separated from the desk, depending on the child’s needs. Many other companies adopted this style the following year.

2006

20182020The first manufacturer specializing in lighting to provide BIM data

BIM (Building Information Modeling) is a new system for designing, building, and managing construction, and has been implemented in large-scale projects. In order to contribute to improvement in designers’ and contractors’ productivity, we started providing BIM data, becoming the first manufacturer specializing in lighting to do so.

1997Providing information via our website

In the early days of the Internet when it had only spread to about 10% of the population, we were one of the first in the industry to set up a website. With the aim of improving customer satisfaction and ensuring man-agement transparency, we steadily provided a range of information about our products, recruitment, and management via the site.

2014

TRee -Light Control-

Of course.

Can you turn the lights on?

Improving our products and services to contribute to customers and society

6 7

Furniture We have been making study furniture for over 50 years. We are now gaining inspiration from market needs, and seriously aiming to become a comprehensive desk maker that can make the lives of everyone, from children to adults, more comfortable.

Aiming to become an integrated desk maker that can make lives more comfortable

We provide lighting solutions for residences, stores, and public spaces, ranging from plan-ning and development to design for various spaces. While answering our customers’ re-quests, we make use of the very latest technol-ogy to create a smart lighting environment.

Creation of a smart lighting environment that makes use of the very latest technology

Lighting

Building Facilities

We have bases in seven locations across the country and are involved in the sales and fitting of facilities in homes, stores, and public spaces. We put all of our effort into helping customers get as close as possible to realizing their perfect space.

Doing our utmost to create comfortable spaces using our nationwide sales system to our advantage

We provide a set up business for appliances and furniture aimed at a variety of public areas such as hotels and offices. While engaging in the development of the human resources that form the foundation of our business, we work hard on the expansion of the fields and products that we handle, and aim for further growth.

A set up business aimed at a variety of public areas

Set Up Service

Logistics We provide logistics services to a wide range of customers both within and outside the Koizu-mi Sangyo Group. We would like to build deep relationships built on trust with our customers through continuous provision of high-quality logistics services where all of our employees act as professionals.

Providing high-quality logistics services to a wide range of customers

From homes to workplaces.To deeply understand what kind of space our customers truly desire, and put together our strength as a group to realize it—This is Koizumi Sangyo Group’s Mission.Koizumi’s technology and products are at the heart of many places related to homelife and work.

Group’s Business

Using our group’s strength to meet a wide range of space creation needs

8

5 companies

Corporate Motto Developing a good personality

Creating new values through new viewpoints and unique ideas, as well as dreams and excitement for people and society

Group Management Philosophy

● Attack new challenges passionately and achieve all goals without fail● Engage in free and lively communication, and move forward with our colleagues brightly and energetically● Learn from each other and become more resourceful● Solve customers’ issues based on the real sites, actual products, and true phenomenon● Aim to build trust and credibility with the idea of “Sanpo Yoshi” (A Good Deal for Everyone)● Comply with societal rules and contribute to the region, society, and the global environment

Group Principles of Conduct

We aim to become a “value-creating professional group,” providing good and comfortable lives and being loved by people

Group Vision

Headquarters 3-3-7 Bingomachi, Chuo-ku, Osaka 541-0051

Representatives Teruyuki Umeda, Chairman

Koji Gondo, President

Founded 1716 (Kyoho 1)

Established June 25, 1943

Capital 1,575 million yen

Employees 68

Corporate categorization Holding company

Subsidiaries 12

Koizumi Lighting Technology Corp.

Hello Living Corp.

Horiuchi Total Service Corp.

Koizumi Logistics Service Corp.

Group Overview

Group Structure Group Information

Domestic Network and Overseas Network

Sales

Ordinaryincome

20162015

20162015

20162015

2017

2017

2017

2018

2018

2018

2019

2019

2019

Employees

Company Headquarters Representative Employees Business areas

Koizumi Lighting Technology Corp.3-3-7 Bingomachi, Chuo-ku,Osaka 541-0051

PresidentTeruyuki Umeda

629Planning, developing, manufacturing, and sales of lighting fixtures

Koizumi Lighting Device Corp.3F Prologis Park Osaka 5, 8-4-47 Nankou-Higashi, Suminoe-ku, Osaka 559-0031

PresidentTeruyuki Umeda

16Sales of LED components and drivers, operation of warehouses for materials, trading of products and components, simple processing of lighting fixtures

Koizumi Lighting Corp.1289-2 Otsuka-cho, Higashi-Omi City, Shiga 529-1512

PresidentTakashi Yoshida

221 Development and manufacturing of lighting fixtures

Koizumi Sangyo (H.K.) Corp.Units A-B, 26th Floor, 8 Hart Avenue, Tsimshatsui, Kowloon,Hong Kong

PresidentTakeshi Sugimoto

17 Planning and sales of lighting fixtures, other

Dongguan Koizumi Lighting Corp.48 wenquan south road, xihu district, shilong town, Dongguan city, Guangdong province, China

PresidentTakeshi Sugimoto

192Development, design and manufacturing of lighting fixtures

Koizumi Lighting Technology(Shanghai) Co., Ltd.

2F 212, Apt.B, No.228Wending Rd., Xuhui Dist.,Shanghai 200030 P.R.C

PresidentTakeshi Sugimoto

52Planning and sales of lighting fixtures, lighting design, after-sales maintenance

Koizumi Lighting Vietnam Co., Ltd.

Room 202, Cityview Commercial offices, 12 Mac Dinh Chi street,Da Kao ward, District 1,Hochiminh city, Vietnam

PresidentTatsuru Kawai

2 Planning and sales of lighting fixtures, other

Koizumi Lighting Singapore Pte. Ltd. 41 Ubi Crescent Singapore 408588Director (CEO)Dave Wee

35Manufacturing and sales of lighting fixtures, lighting design

Koizumi Furnitech Corp.2-1-30 Minamitsumori,Nishinari-Ku, Osaka 557-0063

PresidentHiroyasu Yamoto

37Planning, development, manufacturing, and sales of furniture for learning environments

Koizumi Logistics Service Corp.3-3-7 Bingomachi, Chuo-ku,Osaka 541-0051

PresidentYasushi Hatta

59Transportation, delivery, storage, and handling of products for group companies and clients

Horiuchi Total Service Corp.2-19-11 Higashi Magome, Ota-ku, Tokyo 143-0022

PresidentHiroaki Kumano

150Delivery and installation of furniture and equipment for hotels, offices, and commercial facilities

Hello Living Corp.Aika Bldg. 8F, 1-13-27 Minamisemba, Chuo-ku,Osaka 542-0081

PresidentYasuhiro Ishio

50Sales and fitting of building facilities for homes, stores, and public spaces

Group Philosophy

Overseas subsidiaries

Koizumi Lighting Device Corp.

Koizumi Lighting Corp.

Koizumi Sangyo (H.K.) Corp.

Koizumi Lighting Singapore Pte. Ltd.

Koizumi Furnitech Corp.

7companies

Domestic subsidiaries

77 locations

Domestic offices

34.07

48.7

0.6

1,493

(70%)

3.52(7.2%)

Lighting businessOther businesses

Furniture business

(FY)

(FY)

(FY)

58.1

1,768 1,795 1,671 1,515

1.9 2.41.6 1.5

54.1 53.8 50.1

48.72

Total sales for FY2019

billion yen

billion yen

billion yen

billion yen

People

billion yen

11.13(22.8%)

billion yen

Sales proportion by business(Consolidated)

(Consolidated)

(Consolidated)

(consolidated)As of April 2020

Koizumi Lighting Vietnam Co., Ltd.

Koizumi Lighting Technology (Shanghai) Co., Ltd.

Dongguan Koizumi Lighting Corp.

Koizumi Sangyo Corp.

10 11