日本電気硝子（5214） – Integrated Report 2021 (1/2)

2021https://www.neg.co.jp/en/IntegratedReportFor the year ended December 31, 2021Corporate PhilosophyAt Nippon Electric Glass, our corporate philosophy isa reflection of our founding mission, a statement of our devotion to creating products infused with the very best of human civilization for the betterment of society.Our corporate philosophyWe strive to build a brighter future for the worldby uncovering the unlimited possibilities of glassfor more advanced creative manufacturing.a path for our quest for sustainable growth. Thanks to material design, melting, forming, and processing technologies, glass can be infused with different properties for a broad range of functions. We are dedicated to unlocking glass’s potential to make life better and more comfortable for people and communities the world over.Our sloganFirmly rooted in the traditions of our founding mission, the NEG corporate philosophy plotssustainability.Our visionThe world’s leading manufacturer of special glassOur goal is to become the world’s leading manufacturer of special glass, with the best talent, the best technology, and the best creative manufacturing ability. At the same time, we strive to run our Company in a way that inspires pride among our workers and enables us to make a genuine contribution to the community. The way we see it, creative manufacturing is achieved through state-of-the-art technological development, the highest quality standards, efficient production, and a steady supply of products, all underpinned by a fundamental dedication to environmental Our valuesCustomer first:of customers’ requirements.Get the job done:We are dedicated to completing every task properly.Broad minds and open communication:We think beyond existing norms and encourage frank communication among all departments and generations. High ethical standards:We are bound to act ethically and in good faith in all situations.Consideration for the environment:We are constantly aware of the need to be considerate of the environment, and strive to reduce our footprint.C ontentsAbout Nippon Electric Glass248Message from the ChairmanProducts and Business FieldsFinancial and Non-financial HighlightsValue Creation Story10History of Transformations and AdvancesStrengths of Nippon Electric GlassValue Creating ProcessValue Chain Value Creation StrategiesMessage from the PresidentNew Medium-term Business Plan “EGP2026”Value Creation in PracticeResearch and DevelopmentSpecial FeatureDeveloping an All-solid-state Sodium-Ion Secondary Battery 28Business Overview Electronics and Information TechnologyDisplay-related BusinessOptical and Electronic Device-related Business32Business Overview Performance Materials and OthersGlass Fiber-related BusinessMedical Care, Heat Resistance, and Building Material-related BusinessCorporate GovernanceRoundtable Discussion of the Outside Directors42Directors, Corporate Auditors, Executive OfficersCompliance and Risk ManagementCSR FoundationEnvironmentSpecial FeatureOur Initiatives for Carbon NeutralityDiversity and InclusionVoices for DiversityCommunity ContributionCommunicating with StakeholdersFinancial & Corporate Information58Nippon Electric Glass Co., Ltd. and Consolidated Subsidiaries for the Ten Most Recent Years6061Corporate InformationWeb Directory1214161822242636394446485052545556Everything is based on accurate understanding and complete satisfaction The Foundation of Value CreationAbout Nippon Electric GlassAbout Nippon Electric GlassAt Nippon Electric Glass, our corporate philosophy isa reflection of our founding mission, a statement of our devotion to creating products infused with the very best of human civilization for the betterment of society.Our corporate philosophyWe strive to build a brighter future for the worldby uncovering the unlimited possibilities of glassfor more advanced creative manufacturing.a path for our quest for sustainable growth. Thanks to material design, melting, forming, and processing technologies, glass can be infused with different properties for a broad range of functions. We are dedicated to unlocking glass’s potential to make life better and more comfortable for people and communities the world over.Our sloganFirmly rooted in the traditions of our founding mission, the NEG corporate philosophy plotssustainability.Our visionThe world’s leading manufacturer of special glassOur goal is to become the world’s leading manufacturer of special glass, with the best talent, the best technology, and the best creative manufacturing ability. At the same time, we strive to run our Company in a way that inspires pride among our workers and enables us to make a genuine contribution to the community. The way we see it, creative manufacturing is achieved through state-of-the-art technological development, the highest quality standards, efficient production, and a steady supply of products, all underpinned by a fundamental dedication to environmental Our valuesCustomer first:Everything is based on accurate understanding and complete satisfaction of customers’ requirements.Get the job done:We are dedicated to completing every task properly.Broad minds and open communication:We think beyond existing norms and encourage frank communication among all departments and generations. High ethical standards:We are bound to act ethically and in good faith in all situations.Consideration for the environment:We are constantly aware of the need to be considerate of the environment, and strive to reduce our footprint.Con t en tsAbout Nippon Electric GlassMessage from the ChairmanProducts and Business FieldsFinancial and Non-financial HighlightsValue Creation StoryHistory of Transformations and AdvancesStrengths of Nippon Electric GlassValue Creating ProcessValue Chain Value Creation StrategiesMessage from the PresidentNew Medium-term Business Plan “EGP2026”Value Creation in PracticeThe Foundation of Value CreationResearch and DevelopmentSpecial FeatureDeveloping an All-solid-state Sodium-Ion Secondary Battery Business Overview Electronics and Information TechnologyDisplay-related BusinessOptical and Electronic Device-related BusinessBusiness Overview Performance Materials and OthersGlass Fiber-related BusinessMedical Care, Heat Resistance, and Building Material-related BusinessCorporate GovernanceRoundtable Discussion of the Outside DirectorsDirectors, Corporate Auditors, Executive OfficersCompliance and Risk ManagementCSR FoundationEnvironmentSpecial FeatureOur Initiatives for Carbon NeutralityDiversity and InclusionVoices for DiversityCommunity ContributionCommunicating with StakeholdersFinancial & Corporate InformationNippon Electric Glass Co., Ltd. and Consolidated Subsidiaries for the Ten Most Recent YearsCorporate InformationWeb Directory248101214161822242628323639424446485052545556586061Integrated Report 2021111AboutNippon Electric GlassValue CreationStoryValue CreationStrategiesValue Creationin PracticeThe Foundation ofValue CreationFinancial &Corporate InformationAboutNippon Electric GlassValue CreationStoryValue CreationStrategiesValue Creationin PracticeThe Foundation ofValue CreationFinancial &Corporate InformationMessage from the ChairmanQuality manufacturing is the driving force behind carbon neutrality.Masayuki AriokaChairman of the Board2Nippon Electric GlassAbout Nippon Electric GlassIn retrospect, the year 2021 was marked by a trial-and-error effort Revolution. The Industrial Revolution arrived with the invention of to maintain the functioning of the economy in the midst of the electrical devices as well as coal energy, the steam engine, stringent safety measures implemented to fight the COVID-19 automated machinery, and incandescent light bulbs. In the glass pandemic. As one significant example, the Tokyo 2020 Olympic industry, the conversion from wood to coal energy led to and Paralympic Games were held in the absence of spectators.quantitative growth, while the invention of electrical devices led to Despite the pandemic, we experienced strong demand for the production of glass for electronic devices, which contributed display glass, glass fiber for use in resin-reinforced plastic for to qualitative growth.automobiles, and glass tubing for pharmaceutical and medical The subsequent development of the electronics industry, use including vaccine containers. In order to supply these which contributed to the widespread adoption of household products, we implemented comprehensive measures against the appliances, required ever higher quality and even more types of spread of the infection as we took steps to accommodate the highly functional glass. This marked the arrival of the real energy strong customer demand. We are grateful to our stakeholders for revolution. At the time of our founding in 1949, that energy came their support, as we were able to achieve positive results that from coal. During that time, our workers would be black from coal exceeded our expectations.soot at the end of their shifts. Some say that when no showers Against this background, the UN Climate Change were available, the workers would bathe in the factory pond Conference in Glasgow known as COP26, which concluded on before returning home.November 13, 2021, agreed to reductions in coal-fired power Soon after, pollution control measures were adopted and generation in order to limit the global temperature rise to 1.5 improvements to product quality were needed. As a result, coal degrees. Some believe this target is inadequate and yields to the was no longer used and cleaner forms of energy such as heavy interests of the various signatory nations, but I think the efforts to bunker C and bunker A oil, kerosene, and LPG energy were reduce CO2 emissions for the future of this planet shared by all of substituted for use in glass production. Then, in 2010, we humanity are now on a clear forward trend.adopted natural gas as our fuel and completely halted the use of Glass, which is the heart of our business, is one of the oldest heavy oil. Now, in search of cleaner and higher quality glass, we materials made by humankind, as evidenced by the excavation of are taking steps to convert to using electricity for all the energy glass artifacts from archaeological sites thousands of years old. required by our glass manufacturing operations.Since glass manufacturing requires that the glass be heated to At Nippon Electric Glass, our history of improving the quality very high temperatures, the history of glass is linked to the history of glass has also set us on the path to reducing our CO2 of energy. Wood served as that source of energy in ancient emissions. That is why we, as a manufacturer of special glass, are Roman times when the glass industry first prospered. Later, glass leading the way towards carbon neutrality. This has not been an makers moved their operations to the undeveloped parts of the easy task, as energy conversion in the glass industry leads to Roman Empire in their quest for timber, which also served to significant changes in equipment and operating conditions. expand the glass industry to neighboring countries.Although high technical hurdles remain, we are confident that our However, it wasn’t possible to make high-quality glass strong focus on making glass of ever higher quality will pave the products in large quantities until the emergence of the Industrial way to our goal of carbon neutrality.3Integrated Report 2021AboutNippon Electric GlassValue CreationStoryValue CreationStrategiesValue Creationin PracticeThe Foundation ofValue CreationFinancial &Corporate InformationProducts and Business FieldsThe special glass products we develop are not always noticeable. Our glassware, however, a familiar product that makes life more comfortable, is used in our homes, offices, hospitals, and throughout the community.OutsideContributing to the sustainable growth of cities across many industriesIn addition to the popular building materials and fire-rated glass we offer, our products are used for applications in many industries. For example, our glass tubing for pharmaceutical and medical use is in demand in the medical sector, while our materials for wind power generation are used by the energy industry.Renewable energy● Glass fiber for wind turbine blades● Cover glass for space-based solar power systemsShopping centers● FireLite™ fire-rated glassHospitals● Glass tubing for pharmaceutical and medical use● Invisible Glass™ for use in showcases● GlassOre™ Glass BrickTrain stations● Lamion™ for train station platform doors● LX Premium, radiation shielding glassDigital cameras● Cover glass for image sensors● IR absorbing glass● Neopariés™ glass-ceramics building materialBuilding materials● Glass blocksOffices● Glass for optical communication devices● Lamp reflectors for projectors● Alkali-resistant glass fiber for cement reinforcement4AutomotiveSupporting the evolution of motor vehicles with advanced technologies renowned for their reliabilityAs the goal of carbon neutrality becomes a global objective, reducing fuel consumption and improving the environmental performance of automobiles have become pressing issues. Our products help reduce the weight of vehicles while enhancing their safety.Engine bayInstrument panelsRoof liner materials● Glass fiber for strengthening ● Glass for display panels● Glass fiber matfunctional plastics● Dinorex™ glass for chemical strengthening● Powder glass for spark plugs● Glass tubing for temperature sensorsFront end● Glass fiber for strengthening plastics● Lumiphous™ phosphor-glass composite for LED headlightsCameras and sensorsSmart room mirror● Cover glass for image sensors● Dielectric-mirror (Half-mirror)● Glass valves for turn signals● Glass for display panels● Band pass filter for LiDAR● Far-infrared transmitting glassNippon Electric GlassAbout Nippon Electric GlassOutsideContributing to the sustainable growth of cities across many industriesIn addition to the popular building materials and fire-rated glass we offer, our products are used for applications in many industries. For example, our glass tubing for pharmaceutical and medical use is in demand in the medical sector, while our materials for wind power generation are used by the energy industry.Renewable energy● Glass fiber for wind turbine blades● Cover glass for space-based solar power systemsShopping centers● FireLite™ fire-rated glassHospitals● Glass tubing for pharmaceutical and medical use● Invisible Glass™ for use in showcases● GlassOre™ Glass BrickTrain stations● Lamion™ for train station platform doors● LX Premium, radiation shielding glassDigital cameras● Cover glass for image sensors● IR absorbing glass● Neopariés™ glass-ceramics building materialBuilding materials● Glass blocksOffices● Glass for optical communication devices● Lamp reflectors for projectors● Alkali-resistant glass fiber for cement reinforcementAutomotiveSupporting the evolution of motor vehicles with advanced technologies renowned for their reliabilityAs the goal of carbon neutrality becomes a global objective, reducing fuel consumption and improving the environmental performance of automobiles have become pressing issues. Our products help reduce the weight of vehicles while enhancing their safety.Engine bay● Glass fiber for strengthening functional plasticsInstrument panels● Glass for display panels● Dinorex™ glass for chemical strengtheningRoof liner materials● Glass fiber mat● Powder glass for spark plugs● Glass tubing for temperature sensorsFront end● Glass fiber for strengthening plastics● Lumiphous™ phosphor-glass composite for LED headlightsCameras and sensors● Cover glass for image sensorsSmart room mirror● Dielectric-mirror (Half-mirror)● Glass valves for turn signals● Glass for display panels● Band pass filter for LiDAR● Far-infrared transmitting glass5Integrated Report 2021AboutNippon Electric GlassValue CreationStoryValue CreationStrategiesValue Creationin PracticeThe Foundation ofValue CreationFinancial &Corporate InformationInsideAssured safety and security for daily lifeTo support the comforts of modern life, our products offer high resistance to heat, thermal shock, and environmental factors as well as high strength, low weight, and excellent electrical insulation, among other features.NetworkSupporting technological innovation in an increasingly sophisticated information-reliant societyOur glass must exhibit superiority in terms of optical properties, formability, workability, dimensional accuracy, and airtightness in order to improve the stability, reliability, and convenience of communication.Air conditioners● Granulated glass for hermetic sealing● Glass tubing for temperature sensorsFlat-panel displays● Glass for display panels● Gap spacers for LCD cellsLightingRefrigerators● Lumiphous™ phosphor-glass composite for LED lighting● Sintered glass tablet for hermetic sealing● High-refractive-index glass substrate● Glass tubing for fluorescent lighting● Glass tubing for reed switches● Glass tubing for temperature sensors● Antibacterial glass powderCooking appliances● StellaShine™ heat-resistant glass-ceramics for top plates● Glass tubing for temperature sensorsStoves● Neoceram for windowsPersonal computers● Glass for display panels● Powder glass for chip partsSmartphones● Dinorex™ high-strength cover glass for protecting electronic devices● Dinorex UTG™ glass film for chemical strengthening● Cover glass for image sensors● IR absorbing glass6For high-speed opticaltransceivers❶ Telecommunications carrier stations❺ Data centersMicro Lens ArraysMicro PrismsSquare-typeaspheric lensesGlass windows forphotonic devicesFor WDM filtermodules❶ Telecommunications carrier stations❺ Data centersMicro CapillariesPrecision glass tubesFor opticalconnectors❶ Telecommunications carrier stations❺ Data centersFor optical transceivers❶ Telecommunications carrier stations❷ Mobile phone base stations❸ Condominiums❺ Data centers❻ Housing● Glass ferrules● Glass-ceramic ferrulesBall lens capsBall lens withAR coating❹ Optical closures❺ Data centersOffice buildings❻ Housing❸ CondominiumsMulti-unit residentialbuildings❷ Mobile phonebase stationsFor submarineoptical cables❶ Telecommunicationscarrier stationsFor reinforcementof optical fiberconnections❹ Optical closures　CERSAT™Coupler housing foroptical fiberNippon Electric GlassAbout Nippon Electric GlassInsideAssured safety and security for daily lifeTo support the comforts of modern life, our products offer high resistance to heat, thermal shock, and environmental factors as well as high strength, low weight, and excellent electrical insulation, among other features.NetworkSupporting technological innovation in an increasingly sophisticated information-reliant societyOur glass must exhibit superiority in terms of optical properties, formability, workability, dimensional accuracy, and airtightness in order to improve the stability, reliability, and convenience of communication.Air conditioners● Granulated glass for hermetic sealing● Glass tubing for temperature sensorsFlat-panel displays● Glass for display panels● Gap spacers for LCD cellsLightingRefrigerators● Lumiphous™ phosphor-glass ● Sintered glass tablet for composite for LED lightinghermetic sealing● High-refractive-index glass substrate● Glass tubing for fluorescent lighting● Glass tubing for reed switches● Glass tubing for temperature sensors● Antibacterial glass powderCooking appliances● StellaShine™ heat-resistant glass-ceramics for top plates● Glass tubing for temperature sensorsStoves● Neoceram for windowsPersonal computers● Glass for display panels● Powder glass for chip partsSmartphones● Dinorex™ high-strength cover glass for protecting electronic devices● Dinorex UTG™ glass film for chemical strengthening● Cover glass for image sensors● IR absorbing glassFor high-speed opticaltransceivers❶ Telecommunications carrier stations❺ Data centersMicro Lens ArraysMicro PrismsSquare-typeaspheric lensesGlass windows forphotonic devicesFor WDM filtermodules❶ Telecommunications carrier stations❺ Data centersMicro CapillariesPrecision glass tubesFor opticalconnectors❶ Telecommunications carrier stations❺ Data centersFor optical transceivers❶ Telecommunications carrier stations❷ Mobile phone base stations❸ Condominiums❺ Data centers❻ Housing● Glass ferrules● Glass-ceramic ferrulesBall lens capsBall lens withAR coating❹ Optical closures❺ Data centersOffice buildings❻ Housing❸ CondominiumsMulti-unit residentialbuildings❷ Mobile phonebase stationsFor submarineoptical cables❶ Telecommunicationscarrier stationsFor reinforcementof optical fiberconnections❹ Optical closures　CERSAT™Coupler housing foroptical fiber7Integrated Report 2021AboutNippon Electric GlassValue CreationStoryValue CreationStrategiesValue Creationin PracticeThe Foundation ofValue CreationFinancial &Corporate InformationFinancial and Non-financial HighlightsFinancial Highlights (Consolidated)Non-financial HighlightsNet Sales, Ratio of Overseas Net SalesSales by Business SegmentNumber of Employees, Percentage of Overseas Employees (consolidated)Percentage of Female Employees and Female Leaders (NEG)2Net salesRatio of overseas net salesElectronics and Information TechnologyPerformance Materials and OthersNumber of employeesPercentage of overseas employeesPercentage of female employees Percentage of female leaders(Billions of yen)(%)100(Billions of yen)30082.283.583.584.385.4282.4300.3257.5242.9242.9292.0292.0200133.3148.1123.1106.7137.5137.5149.2152.2134.4136.2154.6154.66,7766,8756,4826,1576,2514,00061.863.060.959.860.460.4(%)15.0Percentage offemale leaders=Number of female leadersNumber of female employees13.68.98.18.17.010.012.98.48.58.8(%)10075502502A female leader is a female employee who oversees and manages subordinates.20172018201920202021201720182019202020212017201820192020202120172018201920202021Operating Profit, Operating Profit RatioNet Assets, LiabilitiesPercentage of Employees with Disabilities (NEG and consolidated subsidiaries in Japan)Industrial Accident Frequency Rate (NEG)3Operating profitOperating profit ratioNet assetsLiabilitiesNEGStatutory employment rate in JapanNational averageNEGAll industries in JapanCeramic, stone and clay industry in Japan(Billions of yen)(%)(%)(Billions of yen)80032.224.911.432.811.28.316.317.77.36.3600220.6204.0187.6181.2198.4198.4543.8521.5477.2476.9499.7499.73.73.72.02.02.22.14.12.22.14.24.32.22.22.32.2201720182019202020212017201820192020202120172018201920202021201720182019202020211.70.91.81.81.21.10.30.00.02.01.00.50.43Aggregation period: January 1–December 31 annually for NEG; April 1–March 31 of the following year annually for all industries and for the ceramic, stone and clay industryCash flows from operationsCash flows from investmentsFinal dividendInterim dividendDividend on equity ratioWater intake intensityWaste water intensityCash Dividends per Share1, Dividend on Equity RatioCO2 Emissions Intensity (to consolidated sales)4Water Intake / Waste Water Intensity (to consolidated sales)Cash FlowsFree cash flows(Billions of yen)46.252.032.521.67.369.938.147.928.1-22.5-19.6-14.3-19.8-31.81.962.002.082.2150505050505060501.595040(%)3.02.52.01.51.00.50(t-CO2e /million yen)(m3/million yen)8.78.79.47.16.428.718.232.933.530.728.321.022.021.917.27550250(%)2015105010004002000(Yen)120100806040200(Persons)8,0006,0002,00005.04.03.02.01.0015105010.05.002.01.51.00.50403020100-68.6201720182019202020211Per share of common stock amounts are retroactively adjusted for subsequent stock consolidation. On July 1, 2017, common shares were consolidated at a ratio of 5 to 1 based on the number of shares held by shareholders of record as of June 30, 2017.4The figures for fiscal 2020 have been revised.2017201820192020202120172018201920202021201720182019202020214003002001000403020100806040200-20-40-60-808Nippon Electric GlassAbout Nippon Electric GlassFinancial Highlights (Consolidated)Non-financial HighlightsNet Sales, Ratio of Overseas Net SalesSales by Business SegmentNumber of Employees, Percentage of Overseas Employees (consolidated)Percentage of Female Employees 2and Female Leaders (NEG)Net salesRatio of overseas net salesElectronics and Information TechnologyPerformance Materials and OthersNumber of employeesPercentage of overseas employeesPercentage of female employees Percentage of female leaders(Billions of yen)(%)100(Billions of yen)30082.283.583.584.385.4282.4300.3257.5242.9242.9292.0292.0200133.3148.1123.1106.7137.5137.5149.2152.2134.4136.2154.6154.66,7766,8756,4826,1576,2514,00061.863.060.959.860.460.4(%)15.0Percentage offemale leaders=Number of female leadersNumber of female employees13.68.98.18.17.010.012.98.48.58.8(%)10075502502A female leader is a female employee who oversees and manages subordinates.20172018201920202021201720182019202020212017201820192020202120172018201920202021Operating Profit, Operating Profit RatioNet Assets, LiabilitiesPercentage of Employees with Disabilities (NEG and consolidated subsidiaries in Japan)3Industrial Accident Frequency Rate (NEG)Operating profitOperating profit ratioNet assetsLiabilitiesNEGStatutory employment rate in JapanNational averageNEGAll industries in JapanCeramic, stone and clay industry in Japan(Billions of yen)(%)(%)(Billions of yen)80032.224.911.432.811.28.316.317.77.36.3600220.6204.0187.6181.2198.4198.4543.8521.5477.2476.9499.7499.73.73.72.02.02.22.14.12.22.14.24.32.22.22.32.2201720182019202020212017201820192020202120172018201920202021201720182019202020211.70.91.81.81.21.10.30.00.02.01.00.50.43Aggregation period: January 1–December 31 annually for NEG; April 1–March 31 of the following year annually for all industries and for the ceramic, stone and clay industryCash flows from operationsCash flows from investmentsFinal dividendInterim dividendDividend on equity ratioWater intake intensityWaste water intensityCash Dividends per Share1, Dividend on Equity Ratio4CO2 Emissions Intensity (to consolidated sales)Water Intake / Waste Water Intensity (to consolidated sales)Cash FlowsFree cash flows(Billions of yen)46.252.032.521.67.369.938.147.928.1-22.5-19.6-14.3-19.8-31.81.962.002.082.2150505050505060501.595040(%)3.02.52.01.51.00.50(t-CO2e /million yen)(m3/million yen)8.78.79.47.16.428.718.232.933.530.728.321.022.021.917.27550250(%)2015105010004002000(Yen)120100806040200(Persons)8,0006,0002,00005.04.03.02.01.0015105010.05.002.01.51.00.504030201004003002001000403020100806040200-20-40-60-80-68.6201720182019202020211Per share of common stock amounts are retroactively adjusted for subsequent stock consolidation. On July 1, 2017, common shares were consolidated at a ratio of 5 to 1 based on the number of shares held by shareholders of record as of June 30, 2017.4The figures for fiscal 2020 have been revised.2017201820192020202120172018201920202021201720182019202020219Integrated Report 2021AboutNippon Electric GlassValue CreationStoryValue CreationStrategiesValue Creationin PracticeThe Foundation ofValue CreationFinancial &Corporate InformationHistory of Transformations and AdvancesApplying technologies to expand our business as a leading special glass manufacturerPromoting global business as overseas markets expandThe End of the CRT and changeover to LCDsBuilding a new axis for growth to become the world’s leading manufacturer of special glassWe started out as a manufacturer of hand-blown glass for vacuum In the 1990s we set up a global production and supply system tubes for radios and after succeeding in automatic forming of tube to meet global demand for CRTs, and grew into one of the glass, moved on to mass produce such products as glass tubes for world’s leading CRT glass manufacturers. As LCDs started to fluorescent lighting. In 1965 we enlarged the scale of our business to become prevalent in the latter half of the 1990s, we made include producing glass for CRTs. Businesses were launched around strategic preparations to adapt to the changing marketplace.glass-ceramics, glass fiber, glass for electronic devices, and more.(Billions of yen)1954Started production of glass tubing for pharmaceutical and medical use1958Started production of radiation-shielding glass1965Started production of black-and-white CRT glass (production of color CRT glass began in 1968)1976Started production of glass fiber and glass tube for reed switch1980Net sales100 billionyen1969Net sales10 billionyen19701990Net sales200 billionyenTo meet the rapid growth of the LCD market, in 2000 we started producing glass substrates for LCDs using an overflow process. Year by year we were able to produce larger, higher quality We acquired production facilities in Europe and the United States from U.S.-based PPG Industries to expand our glass fiber business. This business grew into a major business for the substrates to meet the demands for increasing complexity in the Company alongside the LCD glass business. We also released LCD market. Business also expanded in glass fiber for strengthening high-function plastics and glass tubing for pharmaceutical and medical use.new products such as cover glass for smartphones and a phosphor-glass composite, and developed unique products such as glass ribbon and glass with a zero CTE (coefficient of thermal expansion).Start of consolidated accounting1991CRT glass production facility established in Malaysia2002LCD substrate glass processing facility established in Gumi, South Korea1998Started production of glass fiber in Malaysia2009Started production of glass for chemical strengthening2016Acquired the European glass fiber business from U.S.-based PPG Industries201320172019Started production of Lumiphous™ phosphor-glass compositeAcquired the U.S. glass fiber business from U.S.-based PPG IndustriesStarted production of flat glass fiber19491960198019902000201020211951Automated production of glass tubing using the Danner process1960Introduced a melting furnace with electric melting process1974All-electric melting furnaces with no fuel-derived CO2 emissions brought online1993Japan’s first oxy-fuel firing furnaces were brought online2000Production of LCD substrate glass by applying the overflow process2008Roll-to-roll process achieved for ultra-thin (50 μm) sheet glass2019Establishment of an innovative manufacturing process in LCD glass1974All-electric melting furnaces with no fuel-derived CO2 emissions brought online1993Japan’s first oxy-fuel firing furnaces were introduced, resulting in a reduction of CO2 emissions and improvement of heat efficiency1998Recycling system for glass collected from used televisions became operational1971Established Notogawa PlantIntroduced cutting-edge environmental equipment (eco-friendly model factory)1980One of the first six firms in Japan to establish a special-purpose subsidiary company to employ people with disabilities1994Electronic Products Group acquired ISO 9002 certification for three product classes including powder glass1999Acquired ISO 14001 certification for all plants in JapanImplemented “Environmental Concluded a comprehensive Developed reprocessing of Purchased carbon offset credits 2007201120182000Business Plan”university-industry collaboration dust collected from kiln agreement with the University of exhaust gas into raw material Shiga Prefecture (ongoing)at a plant in Japan(J-Credit) issued by a forestry association in Shiga Prefecture to contribute to local environmental conservation2006201020152019Acquired ISO 17025 Fuel conversion (complete Participated in visiting lectures Certified with top rating (three certification for reliable analysis discontinuance of use of heavy oil and sponsored by Otsu City of traces of environmentally switch to LPG/natural gas), resulting (ongoing)harmful substancesin huge reduction in CO2 emissionsstars) as a company embracing Shiga Prefecture Biodiversity Initiative19%13%200068%16%2%201082%44%20200%56%CRTElectronics and Information Technology (including FPDs)Performance Materials and Others104003002001000secnavdAli lacgoonhceTsnoitisnarT ytiliibanatsuSnoitisopmoC ssensuBn ii segnahCNippon Electric GlassValue Creation StoryApplying technologies to expand our business as a leading special glass manufacturerPromoting global business as overseas markets expandThe End of the CRT and changeover to LCDsBuilding a new axis for growth to become the world’s leading manufacturer of special glassWe started out as a manufacturer of hand-blown glass for vacuum In the 1990s we set up a global production and supply system tubes for radios and after succeeding in automatic forming of tube to meet global demand for CRTs, and grew into one of the glass, moved on to mass produce such products as glass tubes for world’s leading CRT glass manufacturers. As LCDs started to fluorescent lighting. In 1965 we enlarged the scale of our business to become prevalent in the latter half of the 1990s, we made include producing glass for CRTs. Businesses were launched around strategic preparations to adapt to the changing marketplace.glass-ceramics, glass fiber, glass for electronic devices, and more.(Billions of yen)1954Started production of glass tubing for pharmaceutical and medical use1958Started production of radiation-shielding glass1965Started production of black-and-white CRT glass (production of color CRT glass began in 1968)1976Started production of glass fiber and glass tube for reed switch1980Net sales100 billionyen1969Net sales10 billionyen19701990Net sales200 billionyenTo meet the rapid growth of the LCD market, in 2000 we started producing glass substrates for LCDs using an overflow process. Year by year we were able to produce larger, higher quality We acquired production facilities in Europe and the United States from U.S.-based PPG Industries to expand our glass fiber business. This business grew into a major business for the substrates to meet the demands for increasing complexity in the Company alongside the LCD glass business. We also released LCD market. Business also expanded in glass fiber for strengthening high-function plastics and glass tubing for pharmaceutical and medical use.new products such as cover glass for smartphones and a phosphor-glass composite, and developed unique products such as glass ribbon and glass with a zero CTE (coefficient of thermal expansion).Start of consolidated accounting1991CRT glass production facility established in Malaysia2002LCD substrate glass processing facility established in Gumi, South Korea1998Started production of glass fiber in Malaysia2009Started production of glass for chemical strengthening2016Acquired the European glass fiber business from U.S.-based PPG Industries201320172019Started production of Lumiphous™ phosphor-glass compositeAcquired the U.S. glass fiber business from U.S.-based PPG IndustriesStarted production of flat glass fiber19491960198019902000201020211951Automated production of glass tubing using the Danner process1960Introduced a melting furnace with electric melting process1974All-electric melting furnaces with no fuel-derived CO2 emissions brought online1993Japan’s first oxy-fuel firing furnaces were brought online2000Production of LCD substrate glass by applying the overflow process2008Roll-to-roll process achieved for ultra-thin (50 μm) sheet glass2019Establishment of an innovative manufacturing process in LCD glass1974All-electric melting furnaces with no fuel-derived CO2 emissions brought online19931998Japan’s first oxy-fuel firing furnaces Recycling system for glass were introduced, resulting in a reduction of CO2 emissions and improvement of heat efficiencycollected from used televisions became operational197119801994Established Notogawa PlantOne of the first six firms in Japan Electronic Products Group Acquired ISO 14001 Introduced cutting-edge environmental equipment (eco-friendly model factory)to establish a special-purpose subsidiary company to employ people with disabilitiesfor three product classes including powder glassacquired ISO 9002 certification certification for all plants in 1999Japan2000Implemented “Environmental Business Plan”2007Concluded a comprehensive university-industry collaboration agreement with the University of Shiga Prefecture (ongoing)2011Developed reprocessing of dust collected from kiln exhaust gas into raw material at a plant in Japan2018Purchased carbon offset credits (J-Credit) issued by a forestry association in Shiga Prefecture to contribute to local environmental conservation2006Acquired ISO 17025 certification for reliable analysis of traces of environmentally harmful substances2010Fuel conversion (complete discontinuance of use of heavy oil and switch to LPG/natural gas), resulting in huge reduction in CO2 emissions2015Participated in visiting lectures sponsored by Otsu City (ongoing)2019Certified with top rating (three stars) as a company embracing Shiga Prefecture Biodiversity InitiativeCRTElectronics and Information Technology (including FPDs)Performance Materials and Others19%13%200068%16%2%201082%44%20200%56%114003002001000secnavdA lacigolonhceTsnoitisnarT ytilibaniatsuSnoitisopmoC ssenisuB ni segnahCIntegrated Report 2021AboutNippon Electric GlassValue CreationStoryValue CreationStrategiesValue Creationin PracticeThe Foundation ofValue CreationFinancial &Corporate InformationStrengths of Nippon Electric GlassOver the years, we have developed a wide range of glass technologies including material design and evaluation, melting, forming, and processing. These technologies are brought together in our production facilities, which are the foundation for the development of new applied technologies. It is through these technologies that we can create unique, high-function glass products.Variety of FormsFunctionsSubstrate TubeSphereFiberCreating new value with glass that takes a variety of forms and functionsGlass is an exceptional material that takes a variety of forms and functions based on how the chemical elements are combined or formulated. The texture and luster are its best attributes. Glass from our production line takes many forms and shapes and is used in wide variety of fields.PowderMoldedHybrid productsytivitaerClisegoonhceTdna secruoseRnamuH erutcurtS lanoitaznagrOi htgnertSgnirutcafunaMCombining basic technologies and applied technologies for the commercialization of high-quality glassBasic Glass TechnologiesMaterial design and evaluationWe conduct basic research that covers material design and evaluation, process design and development, and commercialization. We also perform computational science research (including data analysis that utilizes ICT and AI). We develop new products that take advantage of our precision forming and processing, and applied research on ultra-thin substrate forming.Process design and developmentOur melting technology and the design of our melting furnaces involve advanced and precise furnace operations—for example, controlling combustion and temperature while reducing environmental burdens. These technologies help us to produce high-quality glass.One thing that sets our Group apart from the competition is our wide range of forming technologies. These technologies enable us to achieve high dimensional accuracy and high productivity. We can use the most suitable forming method for each product and respond to the various needs of our customers.gnitleMignmroFResponding rapidly with solutions for customers through organizational and employee competenceVarious Human Resource Development ProgramsPromoting multi-faceted opportunities for skill improvement, plus on-the-job trainingSince the Company’s founding, we have prided ourselves as glass manufacturers on an ethos of no-nonsense dependability. There is very little distance OJT＋between top management and floor supervisors, and Skills trainingLevel-specifictrainingGlobal humanresource trainingSelf-development programs that include acquiring industry certificationover the years we have maintained an open-minded corporate culture that values transparency. This atmosphere empowers our employees and gives us organizational strength, bolstering the Company in many ways and supporting its growth.Developing personnel capable of world-class performance in every challenge12OpticalElectromagneticLight absorption, wavelength conversion, optical thin filmInsulation, dielectric, conductive film, magnetismThermalMechanicalHeat resistance, fire prevention, low-temperature sealingHigh strength by chemical strengthening or crystallizationChemicalOthersAcid resistance, alkali resistance, sustained release of chemicalsGas barrier, plastic and cement reinforcementgnissecorPNew functions and features are given to glass through a variety of working processes. These processes include reforming by heating and softening, crystallizing by firing, coating films, precision cutting and polishing, and compounding with crystals or organic substances.Commercialization researchApplied TechnologiesPrecision formingand processingUltra-thin substrate formingHybrid technologies(use of thin film and laminating with other materials)Ultra-large substratemanufacturingCrystallizationSupporting Seed Technologies and Responding to Needs OrganizationallyResearch &Development Group Process Development &Engineering GroupBusinessGroupCorporate Strategy DivisionMarketing DivisionOur well-coordinated system of development is facilitated by smooth information-sharing among the three groups and supported by the Corporate Strategy and Marketing DivisionsValue Creation Utilizing Our StrengthsExpanding the fields for our products to meet society’s needs in a new eraSince the Company’s founding in 1949, our efforts have been focused solely on improving glass technologies, developing and supplying the products that each age demands, and expanding the domains for our efforts. Our aim going forward is to contribute to a better world through the manufacturing of the highest quality glass to meet society’s needs.Fields of Application and MarketsAutomotive• Lightweight • Driving automation materials• Lighting• Displays(cameras, sensors, etc.)• Electronic devicesEnergy• Secondary batteries• Renewable-energy systems• Advanced pharmaceutical Medical Care• Advanced medical equipment and containersfacilitiesSemiconductorshigh performance)• Next-generation semiconductor materials (small, high definition, • Semiconductor manufacturing equipmentDisplays(high definition, thin and lightweight, • High-performance displaysflexible)ICT• Optical communication devices (for next-generation high-speed communications)SocialInfrastructure• High-function fire-rated equipment• High-performance structural materials (safe, durable, lightweight)Home Appliances • High-function home appliances, and Housing Equipmenthousing materials• Multifunction wall materialsNippon Electric GlassValue Creation StoryVariety of FormsFunctionsSubstrate TubeSphereFiberCreating new value with glass that takes a variety of forms and functionsGlass is an exceptional material that takes a variety of forms and functions based on how the chemical elements are combined or formulated. The texture and luster are its best attributes. Glass from our production line takes many forms and shapes and is used in wide variety of fields.PowderMoldedHybrid productsytivitaerCseigolonhceTdna secruoseR namuHerutcurtS lanoitazinagrOhtgnertS gnirutcafunaMCombining basic technologies and applied technologies for the commercialization of high-quality glassBasic Glass TechnologiesMaterial design and evaluationWe conduct basic research that covers material design and evaluation, process design and development, and commercialization. We also perform computational science research (including data analysis that utilizes ICT and AI). We develop new products that take advantage of our precision forming and processing, and applied research on ultra-thin substrate forming.Process design and developmentOur melting technology and the design of our melting furnaces involve advanced and precise furnace operations—for example, controlling combustion and temperature while reducing environmental burdens. These technologies help us to produce high-quality glass.One thing that sets our Group apart from the competition is our wide range of forming technologies. These technologies enable us to achieve high dimensional accuracy and high productivity. We can use the most suitable forming method for each product and respond to the various needs of our customers.gnitleMgnimroFResponding rapidly with solutions for customers through organizational and employee competenceVarious Human Resource Development ProgramsPromoting multi-faceted opportunities for skill improvement, plus on-the-job trainingSince the Company’s founding, we have prided ourselves as glass manufacturers on an ethos of no-nonsense dependability. There is very little distance OJT＋between top management and floor supervisors, and Skills trainingLevel-specifictrainingGlobal humanresource trainingSelf-development programs that include acquiring industry certificationover the years we have maintained an open-minded corporate culture that values transparency. This atmosphere empowers our employees and gives us organizational strength, bolstering the Company in many ways and supporting its growth.Developing personnel capable of world-class performance in every challengeOpticalElectromagneticLight absorption, wavelength conversion, optical thin filmInsulation, dielectric, conductive film, magnetismThermalMechanicalHeat resistance, fire prevention, low-temperature sealingHigh strength by chemical strengthening or crystallizationChemicalOthersAcid resistance, alkali resistance, sustained release of chemicalsGas barrier, plastic and cement reinforcementignssecorPNew functions and features are given to glass through a variety of working processes. These processes include reforming by heating and softening, crystallizing by firing, coating films, precision cutting and polishing, and compounding with crystals or organic substances.Commercialization researchApplied TechnologiesPrecision formingand processingUltra-thin substrate formingHybrid technologies(use of thin film and laminating with other materials)Ultra-large substratemanufacturingCrystallizationSupporting Seed Technologies and Responding to Needs OrganizationallyResearch &Development Group Process Development &Engineering GroupBusinessGroupCorporate Strategy DivisionMarketing DivisionOur well-coordinated system of development is facilitated by smooth information-sharing among the three groups and supported by the Corporate Strategy and Marketing DivisionsValue Creation Utilizing Our StrengthsExpanding the fields for our products to meet society’s needs in a new eraSince the Company’s founding in 1949, our efforts have been focused solely on improving glass technologies, developing and supplying the products that each age demands, and expanding the domains for our efforts. Our aim going forward is to contribute to a better world through the manufacturing of the highest quality glass to meet society’s needs.Fields of Application and MarketsAutomotive• Lightweight materials• Lighting• Displays• Driving automation (cameras, sensors, etc.)• Electronic devicesEnergy• Secondary batteries• Renewable-energy systems• Advanced pharmaceutical Medical Care• Advanced medical equipment and containersfacilitiesSemiconductors• Next-generation semiconductor materials (small, high definition, high performance)• Semiconductor manufacturing equipmentDisplaysICT• High-performance displays(high definition, thin and lightweight, flexible)• Optical communication devices (for next-generation high-speed communications)SocialInfrastructure• High-function fire-rated equipment• High-performance structural materials (safe, durable, lightweight)Home Appliances and Housing Equipment• High-function home appliances, housing materials• Multifunction wall materials13Integrated Report 2021AboutNippon Electric GlassValue CreationStoryValue CreationStrategiesValue Creationin PracticeThe Foundation ofValue CreationFinancial &Corporate InformationMain InputStrengthsP.12Product AreasGlobal OperationsMain OutputCreation of Social ValueOur GoalHuman ResourceDevelopmentBe a group of professionals with aspirations and enthusiasmManufacturingProcessesDevelop innovative processesAutomotiveU.S.A.Value Creating ProcessUtilizing six resources of capital for our business operations, we pursue the unlimited possibilities of glass while providing value to society through our innovative products. We will continue our efforts to realize sustainable societies. gnirutcafunaMhtgnertSCreativityTechnologiesHumanResourcesOrganizationalStructureFiscal 2021Financial CapitalTotal assets¥ 698.1 billionCash andcash equivalents¥ 134.7 billionManufactured CapitalNoncurrent assets¥ 433.6 billionCapital expenditures¥ 44.9 billionIntellectual CapitalR&D expenditures¥ 6.6 billionHuman CapitalNumber of employees6,251Social andRelationship CapitalGroup companies10 (in Japan)15 (outside Japan)Natural CapitalElectricity2,340,000 MWhWater8,270,000 m3 C o r p o r a t e G rowth Five Key Factors6 M e d i u m-term Business Pla202s t a i nuSb l ePGaEn P.22 pticnic al anddevicesOelectrohnology P.28Display sElectronics a nd I n f o rmation TecFoundingMissionCorporatePhilosophyP.1heat rePerformasisMteancdice, bal cnce Materi a l s anare,uilding materials2d O thers P.3G la s s fiberEnvironmentalPreservationAchieve sustainable creative manufacturingResearch andDevelopmentCreate glass that makes dreams come trueCorporate GoalBe a presence that coexists with and contributes to societyFoundation that Supports Value CreationP.36Corporate Governance and CSR(Environment, Diversity and Inclusion, Community Contribution)14Nippon Electric GlassP.4P.60Fiscal 2021Reduction ofenvironmental impactFinancial ResultsNet sales¥ 292.0 billionOperating profit¥ 32.8 billionCash dividends¥ 110 /share per year(DOE 2.2%)Intellectual PropertyNumber ofacquired patents2,969Diversity and InclusionPercentage of employeeswith disabilities4.3%Health and ProductivityManagement OutstandingOrganizationCertified 4 yearsin a rowCommunity ContributionNumber of participants incommunity activitiesApprox. 200 peopleEnvironmentSales of environmentallyfriendly productsApprox. ¥ 90 billionUtilizing natural energyInnovations in ICTAdvancement inmedical careImprovements in safety and comfort of daily lifeAdvancement intransportationCreating a robust anddurable socialinfrastructureA fair work environment and human resource training to develop tomorrow’s leadersMeeting society’schallengesSustainable DevelopmentGoals (SDGs)EnergyMedical CareSemiconductorsDisplaysICTEuropeAsiaSocialInfrastructureHome Appliances and Housing EquipmentJapanP.1TTTThhhheeee wwwwoooorrrrlllldddd’’’’ssss lllleeeeaaaaddddiiiinnnngggg mmmmaaaannnnuuuuffffaaaaccccttttuuuurrrreeeerrrr ooooffff ssssppppeeeecccciiiiaaaallll ggggllllaaaassssssssValue Creation StoryMain InputStrengthsP.12Product AreasGlobal OperationsMain OutputCreation of Social ValueOur GoalHuman ResourceDevelopmentBe a group of professionals with aspirations and enthusiasmManufacturingProcessesDevelop innovative processesAutomotiveU.S.A. gnirutcafunaMhtgnertSCreativityTechnologiesHumanResourcesOrganizationalStructureFiscal 2021Financial CapitalTotal assets¥ 698.1 billionCash andcash equivalents¥ 134.7 billionManufactured CapitalNoncurrent assets¥ 433.6 billionCapital expenditures¥ 44.9 billionIntellectual CapitalR&D expenditures¥ 6.6 billionHuman CapitalNumber of employees6,251Social andRelationship CapitalGroup companies10 (in Japan)15 (outside Japan)Natural CapitalElectricityWater2,340,000 MWh8,270,000 m3 C o r p o r a t e G rowth Five Key Factors6 M e d i u m-term Business Pla202s t a i nuSb l ePGaEd I n f o rmation Tecnical a dnden P.22 Oelectroptichnology P.28vicesDisplay sElectronics a nFoundingMissionCorporatePhilosophyP.1heat rePerformasisMteancdice, bal cnce Materi a l s anare,uilding materials2d O thers P.3G la s s fiberEnvironmentalPreservationAchieve sustainable creative manufacturingResearch andDevelopmentCreate glass that makes dreams come trueCorporate GoalBe a presence that coexists with and contributes to societyFoundation that Supports Value CreationP.36Corporate Governance and CSR(Environment, Diversity and Inclusion, Community Contribution)P.4P.60Fiscal 2021Reduction ofenvironmental impactFinancial ResultsNet sales¥ 292.0 billionOperating profit¥ 32.8 billionCash dividends¥ 110 /share per year(DOE 2.2%)Intellectual PropertyNumber ofacquired patents2,969Diversity and InclusionPercentage of employeeswith disabilities4.3%Health and ProductivityManagement OutstandingOrganizationCertified 4 yearsin a rowCommunity ContributionNumber of participants incommunity activitiesApprox. 200 peopleEnvironmentSales of environmentallyfriendly productsApprox. ¥ 90 billionUtilizing natural energyInnovations in ICTAdvancement inmedical careImprovements in safety and comfort of daily lifeAdvancement intransportationCreating a robust anddurable socialinfrastructureA fair work environment and human resource training to develop tomorrow’s leadersMeeting society’schallengesSustainable DevelopmentGoals (SDGs)EnergyMedical CareSemiconductorsDisplaysICTEuropeAsiaSocialInfrastructureHome Appliances and Housing EquipmentJapanP.1iiii TTTThhhheeee wwwwoooorrrrlllldddd’’’’ssss lllleeeeaaaaddddnnnnggggmmmmaaaannnnuuuuffffaaaaccccttttuuuurrrreeeerrrr ooooffff ssssppppeeeeccccaaaallll iiiillllggggaaaassssssssIntegrated Report 202115AboutNippon Electric GlassValue CreationStoryValue CreationStrategiesValue Creationin PracticeThe Foundation ofValue CreationFinancial &Corporate InformationValue Chain In each process of the value chain, we strive to increase the positive effects of our business activities and minimize the negative effects. We will continue to work hand-in-hand with our stakeholders in order to raise corporate value, solve society’s problems, and achieve the SDGs.• Donations to local communities• Support for the socially vulnerable• Helping women reach their full potential• Support for raising the next generation• Health and productivity management• Endowment course at University of Shiga Prefecture• Science education for schools (send NEG employees to teach)• Support for the Biwako Floating School• Factory tours• Hiring and training of the disabled• Systems for employee education and training, self-development programs• Diversity initiatives• Contribution to cutting-edge science and technology• Occupational health and safety activities, work-style reforms• Formulation and dissemination of our corporate philosophy structure• Collaboration with Shiga Prefecture• Endowment course at the University of Shiga Prefecture• Glass tubing for pharmaceutical and medical use• Radiation-shielding glass for patient diagnosis• Flat-panel detector glass for X-ray diagnostic devices• Antimicrobial glass• Resin-reinforced glass fiber to reduce the weight of automobiles• Resin-reinforced glass fiber for wind turbine blades• Glass substrates for FPDs, G-Leaf™ ultra-thin glass• Lamion™ lightweight composite material• Lumiphous™ phosphor-glass composite• ARG Fiber for reinforcement in construction• Development and sales of glass for optical communication and electronic devices• Lamion™ for train station platform doors• FireLite™ fire-rated glass for fireproof • Glass fiber for reinforcement in public facilitiesconstruction• Glass fiber for resin railroad tiesRaw materialsSuppliersProcurementand distributionResearch and developmentProductionSalesProduct useFinal productdisposal• Using resources effectively• Recycling water and raw materials• Reduction of environmentally harmful substances• Avoiding use of conflict minerals• Forbidding of child labor• Compliance with the U.K.’s Modern Slavery Act• Thorough enforcement of basic procurement policy (open and fair business dealings)• Thorough enforcement of green procurement guidelines• Recycling packaging• Modal shift in procurement• Recycling packaging• Modal shift in shipping• Joint shipping with customers (e.g., reciprocal utilization of trucks)• Reuse of waste glass• Manufacturing using no harmful substances• Preventing pollution of the atmosphere, waterways, and soil• Health and safety activities• Employee health improvement activities• Strict control of wastewater (protecting water quality)• Recycling water and raw materials• Capture and reuse of exhaust gas• Pursuit of highly efficient manufacturing• Extending the life of facilities• Global warming mitigation measures (e.g., reduction of CO2 emissions)• Environmental education• Supporting local forestry association • Human rights initiativesIssuesactivitiesBiwa• Committee on Human Rights • Removal of invasive fish species in Lake • Shiga Prefecture Human Rights • Forest conservation around factoriesIssues Liaison Committee (corporate board member)• Compliance with the U.K.’s Modern Slavery Act• Compliance with Japan’s Equal Employment Opportunity Act• Thorough compliance• Human rights initiatives evitisop esaercnIstceffe evitagen esaerceDstceffe16Nippon Electric GlassValue Creation Story evitisop esaercnIstceffe evitagen esaerceDstceffe• Donations to local communities• Support for the socially vulnerable• Helping women reach their full potential• Support for raising the next generation• Health and productivity management• Endowment course at University of Shiga Prefecture• Science education for schools (send NEG employees to teach)• Support for the Biwako Floating School• Factory tours• Hiring and training of the disabled• Systems for employee education and training, self-development programs• Diversity initiatives• Contribution to cutting-edge science and technology• Occupational health and safety activities, work-style reforms• Formulation and dissemination of our corporate philosophy structure• Collaboration with Shiga Prefecture• Endowment course at the University of Shiga Prefecture• Glass tubing for pharmaceutical and medical use• Radiation-shielding glass for patient diagnosis• Flat-panel detector glass for X