CSR Management

We have established the CSR policy in the spirit of our corporate philosophy. We define CSR as:

• ・Engaging in corporate activities that incorporate concern for the environment and initiatives to ensure social fairness and contribution to the community;
• ・Fulfilling the duty of accountability to stakeholders; and
• ・Working to improve corporate activities not only in the economic aspect, but also in environmental and social aspects.

We have established the Sustainability Committee as an advisory body for sustainability activities. We are studying initiatives related to the Group's sustainability activities, such as the internal penetration of ESG management and the setting of measures and KPIs for materiality, and have developed a structure for incorporating such initiatives into our business activities.

We endorsed the United Nations Global Compact (an international initiative for developing a global framework for sustainable worldwide growth) in 2015. Under the UN Global Compact, we support ten principles in the four areas of human rights, labour, environment, and anti-corruption. We also proactively participate in the Kansai subcommittee, which is established by the UN Global Compact, as a facilitator to realize sustainable society through business activities.

■UN Global Compact

■The Ten Principles of the UN Global Compact

Enhancement of corporate value

Today, companies are required to produce not only business results (economic value) but they are also required to be a presence needed by society (social value). If a company is not necessary for society, growth of the company cannot be expected. In order for us to continue to be a company needed by society, it is necessary for us to face social issues and aim to realize a sustainable society by practicing our corporate philosophy.
In 2018, we established the corporate philosophy code of conduct "NTN SPIRIT" in order to instill our corporate philosophy, and NTN SPIRIT clearly stipulates the attitudes and actions we want each and every employee to pursue. We have divided the process of instillation into three steps: "recognition," "empathy and understanding" and "practice." We are pursuing measures that lead to the implementation of those three steps.

■Spreading Phase Map of Corporate Philosophy

Putting your thoughts into words; To each person's SPIRIT

We issued the Japanese and English versions of NTN SPIRIT BOOK in order to make our corporate philosophy system and its code of conduct "NTN SPIRIT" widely known to all employees working in the Group in 2018. In 2019, voluntary activities aimed at disseminating our corporate philosophy were extended to other countries, and overseas employees (Canada and France) have taken the lead in creating the French version of the "NTN SPIRIT BOOK". This booklet encourages all employees to carry out the corporate philosophy with their dreams and goals in mind in order to realize a "NAMERAKA Society."

■NTN SPIRIT BOOK

Sharing values through dialogs

We hold Corporate Philosophy Dialogs as a venue for interactive communications in order to help employees not only learn about the corporate philosophy system and NTN SPIRIT but also deepen their empathy and understanding for the system and spirit so that employees can express such concepts in their own words. At the training for new employees in April 2022, group work was held in which new employees discussed things based on their own ideas, deepened their understanding of the corporate philosophy and shared their values.
We also distribute materials for self-learning, which are intended to encourage employees to think about the connection between their own operations and the corporate philosophy and to put the corporate philosophy into practice.

■New employees discussing corporate philosophy

What it means to practice the corporate philosophy
~Promoting ESG management~

We aim to realize a "NAMERAKA Society" through practicing its corporate philosophy. Since the fiscal year ended March 31, 2018, we have held the NTN PROUD AWARD to practice our corporate philosophy. In the fiscal year ending March 2023, we will strengthen the system and launch a corporate award system to honor employees' ESG activities. We will strive to improve employee motivation and engagement by encouraging the ESG activities of each employee and commending initiatives in line with materiality that are linked to our corporate philosophy. We will promote ESG management to increase corporate value and aim to realize a "NAMERAKA Society" where people can easily lead a secure and fulfilling life in harmony with nature.