2-8-2, Oshiage, Sumida-ku, Tokyo 131-8505Tel. +81-3-3624-5111https://www.okabe.co.jp/english/

bookESG

Okabe Co., Ltd.

OKABE’s Approaches and Initiatives Regarding Each ESG Measure

Description OKABE’s approach and initiatives

Environment

Global warming

⃝ In the construction-related products business, we are helping to reduce CO2 emissions by providing labor-saving products.

⃝ In the marine business, we are helping to reduce CO2 levels through use of fish reefs where seaweed is grown.

Natural environment

⃝ In the automotive products business, we are discharging wastewater in compliance with laws and regulations through use of world-leading environmentally-sound facilities.

Waste management

⃝ In the construction-related products business, we appropriately dispose of waste materials such as scrap metal generated from manufacturing materials through scrap processing and so forth.

⃝ In the automotive products business, 99% of our raw materials use recycled lead. In addition, we contribute to waste reduction, having achieved a rate of raw material loss of nearly 0%.

Opportunities in the environmental market

⃝ In the construction-related products business, we help bring about a greener environment by providing free frame method.

⃝ In the marine business, we are helping to introduce more vegetation to the oceans through use of fish reefs where seaweed is grown.

Society

Humanresources

⃝ Adopting our corporate creed of “we will endeavor to cultivate human resources for sustainable development” and “the Group will be a workplace that employees will not regret devoting their lives to,” as our basic policy, we have been promoting efforts to develop personnel and create better working conditions.

Safety of products and services

⃝ We stand thoroughly committed to manufacturing and quality control of products with extensive safety features, and accordingly implement our management philosophy of “contributing to society by providing safety and security.”

⃝ We have drawn up policies for appropriate purchasing which ensure that purchases are made in a fair and transparent manner, and otherwise involve neither leveraging superior bargaining positions nor engaging in improper transactions.

Stakeholder management

⃝ We endeavor to enhance our corporate value by heightening our capital efficiency in accordance with Japan’s Corporate Governance Code.

Governance

Corporategovernance

⃝ Our efforts to make the Board of Directors more effective have included electing two Outside Directors and establishing the Audit and Supervisory Committee.

Corporate conduct

⃝ We distribute our employee code of conduct and compliance regulations to all employees, and raise awareness of such content among them. In so doing, we implement internal controls and promote corporate conduct that reflects our high ethical standards, particularly in terms of ensuring fair competition and preventing accounting fraud.

“Contributing to society by providing safety and security.”This is the management philosophy that OKABE has consistently adhered to ever since it was founded.We aspire to have our technologies and products be a “force” protecting people’s way of life even in times of disaster or accident.We hope they will help to protect the earth’s irreplaceable environment.We have been helping to develop a prosperous society worldwide, drawing on our technological strengths thus far accumulated over more than 100 years.

“Contributing to society by providing safety and security”

Vision

Management philosophy

OKABE’s 100-Year History and Growth Journey

Social Issues and OKABE’s Vision

1917

Founding

This method remains the de facto standard for concrete frame method, even today. It provides for greater labor savings and higher quality concrete frame structures than conventional methods.

1951

Launched sales of form tie method

Labor savings andhigh quality

We expanded in to the mar ine business where we help protect mar ine resources th rough the manufacturing and sales of fish reefs and algal reefs.

2000

Expanded into the marine business

Protection of marine resources

This is a method for reinforcing embankments in a manner consistent with the natural environment by enabling vegetation to be placed on sloped surfaces.

1975

Launched sales of free frame

method

Adding vegetation

We expanded into the automotive products business on a full-scale basis, drawing on the knowledge of metals processing we have gained through our construction-related products business. Through this business , we contr ibute to the environment and society in part by bringing about greater automotive safety through environmental ly sound manufacturing methods and high-quality products.

2005

Expanded into the automotive battery

terminal manufacturing business

Environmentally sound and greater automotive safety

This method enhances the capacity of buildings to withstand earthquakes by supporting steel frame foundations.

1986

Launched sales of basepack

column base method

Labor savings, earthquake proofing (safety and security)

and high quality, shorter construction lead times

This is hardware for joining wooden diagonal bracing, thereby giving wooden-framed houses a greater level of safety.

2014

Sales of Brastar-Z

Providing earthquake proofing

(safety and security)

This facility conducts research and performs experiments geared to developing products that more substantially contribute to society. In 2018, we opened a new integrated experiment center in Shimotsuma City, Ibaraki Prefecture.

1993

Opening of structure experiment center

Technology development strengths and personnel

development

2017

We have formulated our medium-term management plan, NEXT100 – Exciting Future, geared to our success over the next 100 years, and are accordingly launching initiatives through which we aim to become a global manufacturer that will achieve globally its philosophy of “contributing to society by providing safety and security.”

The 100th anniversaryof its founding

Construction-related products business

Automotive products business

Diversificationbusiness

Initiatives highly oriented to society Initiatives geared to the environment

Governance and risk management

Promotion and achievement of the medium-term management plan

▪Safeguarding human lives in the event of disaster through products with extensive safety features▪Ensuring occupational safety▪Shortening construction lead times through labor-saving methods▪Providing high-quality products

▪Adding vegetation using the free frame method▪Processing of scrap metals▪Reducing CO2 emissions by shortening construction lead times

▪Ensuring automotive safety by providing high-quality products▪Keeping employees healthy by making sure that air in factories is clean

▪Treating wastewater in compliance with environmental standards▪Using 99% recycled raw materials (lead)▪Achieving an in-factory rate of raw material loss of nearly 0%

▪Protecting and developing marine resources (fish, seaweed)▪Lower CO2 levels

▪Director diversity (Two Outside Directors (attorneys at law) and one female Director)▪Drawing up business continuity plans (BCP)▪Establishment of the Compliance Committee

▪Supporting Japan’s fishing industry by creating new fisheries

ESG Management

Become a global m

anufacturer that contributes to society by providing safety and security

▪Prosperous and safe society

▪Sense of security derived from disaster countermeasures

▪Better labor conditions for construction workers

▪Greater industrial efficiency through labor savings

▪Environmental preservation

▪Lower CO2 levels

▪Protection of marine resources

▪Better working environments

▪Ensuring diversity of human resources

▪Empowering female employees

Generating value

Technologydevelopment strengths

Personnel development

▪Engaging in initiatives geared to promoting women to managerial positions▪Engaging in initiatives geared to increasing the number of female sales representatives▪Improving training programs▪Promoting self-development efforts▪Engaging in initiatives geared to work-style reform

▪Maintaining ownership of world-leading integrated experiment facilities▪Developing products that ensure safety and security▪Developing technologies in the automotive products business

▪Industrial waste▪Demand for earthquake proofing and seismic isolation▪Japan’s susceptibility to earthquakes▪Aging workforce and labor shortages at construction site▪Needs for the safety of buildings and a sense of security about buildings▪Environmental pollution caused by our car-oriented society▪Marine pollution▪Global warming

Social issues

Celebrating our centenarythanks to your support

Possible contribution to SDGs

21

S　Just like buildings, automobiles are also an infrastructure supporting a prosperous society, and they are also required to be “safe and secure” in the same way. While we will naturally pursue quality through advanced manufacturing technologies, we will also aim to be the world’s leading battery terminal manufacturer while giving proper consideration to industrial safety and environmental healthiness of the workplace, to health and productivity management for our employees, and to the environment.

　We provide building structural materials that offer safety and security through earthquake proofing and seismic isolation, as well as construction materials that contribute to society and the environment through labor savings, in part by shortening construction lead times, addressing labor shortages, and reducing CO2 emissions. We have also been working on environmental civil engineering, such as the free frame method, which enables reinforcement of embankments while simultaneously adding vegetation. Looking ahead, we will continue to promote the development of products that contribute to society and the environment.

Initiatives in the Construction-related Products Business

Initiatives in the Automotive Products Business

Const ruc t ion- re la ted P roduc ts Au tomot i ve P roduc ts

Initiatives geared to the environmentWe have achieved an in-factory rate of raw material loss of nearly 0%, with recycled lead used in 99% of our raw materials.

99%

Initiatives geared to the environmentOur free frame method adds vegetation and helps prevent landslides.

CO2 emissions are reduced by shortening construction lead times.

Initiatives highly oriented to societyOur earthquake-proofing products such as those of Basepack and Brastar-Z help safeguard human lives.

We provide labor-saving methods such as Punchingform, One Side Ring and Crown Pile Anchor that address the labor shortage.

Initiatives highly oriented to societyWe provide high-quality battery terminals in automobiles that help ensure comfortable and safe driving.

Our hygienic factory environments (air quality, etc.) comply with laws and regulations, and keep employees healthy.

CO2 ⬇

S

E E▪Labor-saving methods

▪Shorter construction lead times➡ ➡ ▪Address labor

shortage, and▪Reducing CO2 emissions and other environmental measures

We are equipped with world-leading environmentally-sound facilities, and otherwise adhere to laws and regulations with respect to wastewater discharge and exhaust emissions released from manufacturing.

3 4

E

S GInitiatives in the Diversification Business

Initiatives Involving Management

We assist the fishing industry by enabling more efficient harvesting of fish through installation of fish reefs.

Our fish reefs where fish are grown help protect marine resources and will otherwise support the fishing industry into the future.

Our algal reefs where seaweed is grown contribute to lower CO2 levels.

2015 2016 2017

（persons）

（persons）

（％）

481

17.2 17.2 17.4

100 101 102

485 483

Our efforts to make the Board of Directors more effective have included electing two Outside Directors and establishing the Audit and Supervisory Committee.

Strengthening the business baseWe will strengthen our business base by reconfirming the values of our corporate creed, recruiting and cultivating diverse human resources, strengthening governance, and improving working conditions.

From the medium-term management plan, NEXT100 – Exciting Future

We have clearly stated our approach to work-style reforms in the medium-term management plan, and are currently promoting such initiatives.

Empowering female employees

Audit andSupervisoryCommittee

Accounting Auditor Operating Officers↓

Each division and group company

Compliance Committee

President

Board of Directors

CooperationReportCooperation

Cooperation

Direction/supervision

Direction/supervision

Supervision/election/dismissal

Report

Report

Election/dismissal

Direction/supervision

Audit

AuditInternal audit

DirectorsDirectors who are Audit and Supervisory Committee Members

Election/dismissalElection/dismissalElection/dismissal

Report

Management MeetingDeliberation/report

Internal Audit OfficeReport

General Meeting of Shareholders

▪Number of regular employees (OKABE non-consolidated)

▪Average years of service (regular employees)

2015 2016 2017

13.1

14.5

13.7

14.7

13.7

15.0（years）

（years）

2015 2016 2017

19

20.8

10.027.3

52 6

18 16

（persons）

（persons）

（％）

▪Number of women among pool of newly recruited graduates

2015 2016 2017

168

0.6

1.7 1.7

1 3 3

171 173

（persons）

（persons）

（％）

▪Number of managers

D i vers i f icat ion Management

Personnel development

Initiatives highly oriented to society Corporate governance

　In 2000 we made a full-fledged entry into the marine business, aiming to protect and develop marine resources. We will strive to expand the marine business even further, concentrating on floating fish reefs, in which we have the leading market share. We want to make the world’s oceans abundant—inspired by this wish, we will continue striving in the marine business.

　We are working toward establishing a corporate governance structure to improve corporate value and fulfill our social responsibility in the future. Moreover, as one of our initiatives to strengthen the business base, we will proactively recruit and cultivate diverse human resources.

■Female employees ■Male employees ⃝ Proportion of female employees

Division Manager Meeting

Initiatives geared to the environment

5 6