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CSR activities in FY2023

Environmental Management

Environment Policy

Environmental Policy

Company-wide Environmental Performance and Targets

Company-wide environmental performance in FY2023

Targets achieved for 9 of 11 items

Achieved
Achieved
Not achieved
Not achieved
Environment policy Environmental target Achievement Evaluation
Contributing to preventing global warming through the Company’s technology Development and provision of environment-contributing products Japan/Overseas Ongoing promotion efforts in the development and sales divisions Icon: Achieved
Compliance with laws and regulations Continued strict control of poisonous and deleterious substances Japan Ongoing implementation at each business site Icon: Achieved
Ensuring the systematic disposal of equipment containing PCBs Japan Ongoing implementation at each business site Icon: Achieved
Reducing the environmental impact of our business operations Promotion of measures toward achieving carbon neutrality Reduction of CO2 emissions Japan 276,000 tons/year*1 270,000 tons/year*1 Icon: Not achieved
Overseas 261,000 tons/year*2 266,000 tons/year*2 Icon: Not achieved
Thorough compliance with the NTN Group Green Procurement Standards Japan Ongoing implementation at each business site Icon: Not achieved
Sustainable utilization of resources Reduction of water consumption Reduction of water consumption intensity Japan 4.5㎥/million yen 4.4㎥/million yen Icon: Not achieved
Overseas 3.5㎥/million yen 2.4㎥/million yen Icon: Not achieved
Maintaining a high recycling rate by reducing the amount of waste generated Improving recycling rate Japan 97% or higher 99.2% Icon: Not achieved
Overseas 96% or higher 95.7% Icon: Not achieved
Thorough management of environmentally hazardous substances Managing and reducing the number of chemical substances handled that are subject to the PRTR Law*3 Intensity of chemical substances handled that are subject to the PRTR Act*3 Japan 0.2 tons/million yen Withdrawn from the targets; efforts will be made to determine the actual performance this fiscal year (ongoing response by each business site)
Initiatives for conserving biodiversity Promoting biodiversity activities such as forest conservation Japan Ongoing implementation at each business site Icon: Not achieved

*1 Grid Emission Factor (GEF) for CO2 emissions are calculated using emission factors based on “Emission Factors by Electric Utility” (published by the Ministry of the Environment and Ministry of Economy, Trade and Industry).

*2 Grid Emission Factor (GEF) for CO2 emissions are calculated using emission factors based on “Emissions Factors” (IEA).

*3 Act on the Assessment of Releases of Specified Chemical Substances in the Environment and the Promotion of Management Improvement

Company-wide environmental targets in FY2024

Environment policy Environmental target
Contributing to preventing global warming through the Company’s technology Development and provision of environment-contributing products Japan/Overseas
Compliance with laws and regulations Continued strict control of poisonous and deleterious substances Japan
Ensuring the systematic disposal of equipment containing PCBs Japan
Reducing the environmental impact of our business operations Promotion of measures toward achieving carbon neutrality Reduction of CO2 emissions Japan 287,000 tons/year*1
Overseas 259,000 tons/year*2
Thorough compliance with the NTN Group Green Procurement Standards Japan
Sustainable utilization of resources Reduction of water consumption Reduction of water consumption intensity Japan 4.4㎥/million yen
Overseas 3.3㎥/million yen
Maintaining a high recycling rate by reducing the amount of waste generated Improving recycling rate Japan 98% or higher
Overseas 96% or higher
Thorough management of environmentally hazardous substances Managing and reducing the number of chemical substances handled that are subject to the PRTR Law*3 Intensity of chemical substances handled that are subject to the PRTR Act*3 Japan Continued efforts to determine the actual performance (ongoing response by each business site)
Initiatives for conserving biodiversity Promoting biodiversity activities such as forest conservation Japan

*1 Grid Emission Factor (GEF) for CO2 emissions are calculated using emission factors based on “Emission Factors by Electric Utility” (published by the Ministry of the Environment and Ministry of Economy, Trade and Industry).

*2 Grid Emission Factor (GEF) for CO2 emissions are calculated using emission factors based on “Emissions Factors” (IEA).

*3 Act on the Assessment of Releases of Specified Chemical Substances in the Environment and the Promotion of Management Improvement

Environmental Management Systems

Environmental Management Organization

The NTN Group has acquired third-party certification for environmental management systems (ISO14001) across our global operations, and we are building an environmental management organization that is structured to promote compliance with the environmental laws and regulations of each country and continually improve environmental performance. Multi-site certification* has been acquired in Japan (regarding Taira Forging Corporation, it has obtained certification independently), and all business sites work together to achieve environmental targets under the top management led by the executive officer in charge.

Environmental Management Organization Chart

Environmental Management Organization

ISO14001 Assessment and Registration

In principle, our business sites acquire certification for environmental management systems (ISO 14001) within three years of operation, and all existing business sites globally have acquired certification. New business sites will gradually acquire certification in accordance with the above principle. In Japan, we acquire certification* using the multi-site method (regarding Taira Forging Corporation, it has obtained certification independently). Overseas, certification is acquired at each business site.

List of sites that have acquired ISO14001 certification

Region Country Business site Date updated Valid until Certification agency
Japan Japan Nagano Works 2023/11/25 2026/11/24 JSA
Japan NTN Kamiina Corporation 2023/11/25 2026/11/24 JSA
Japan Kuwana Works 2023/11/25 2026/11/24 JSA
Japan Mikumo Works 2023/11/25 2026/11/24 JSA
Japan Iwata Works 2023/11/25 2026/11/24 JSA
Japan Engineering Plastics Works 2023/11/25 2026/11/24 JSA
Japan NTN Fukuroi Corporation 2023/11/25 2026/11/24 JSA
Japan NTN Omaezaki Corporation 2023/11/25 2026/11/24 JSA
Japan NTN Advanced Materials Corporation 2023/11/25 2026/11/24 JSA
Japan NTN Mie Corporation 2023/11/25 2026/11/24 JSA
Japan NTN Tado Corporation 2024/09/09 2026/11/24 JSA
Japan Wakayama Works 2023/11/25 2026/11/24 JSA
Japan Wakayama Works Ball Bearing Plant (Kawachinagano) 2023/11/25 2026/11/24 JSA
Japan NTN Hakui Corporation 2023/11/25 2026/11/24 JSA
Japan NTN Houdatsu Shimizu Corporation 2023/11/25 2026/11/24 JSA
Japan NTN Noto Corporation 2023/11/25 2026/11/24 JSA
Japan NTN Shika Corporation 2023/11/25 2026/11/24 JSA
Japan Hikari Seiki Industry Co., Ltd. 2023/11/25 2026/11/24 JSA
Japan NTN Kinan Corporation 2023/11/25 2026/11/24 JSA
Japan Taira Forging Corporation 2022/08/25 2025/08/30 Intertek
Japan Okayama Works 2023/11/25 2026/11/24 JSA
Japan NTN Casting Corporation 2023/11/25 2026/11/24 JSA
Japan NTN Bizen Corporation 2023/11/25 2026/11/24 JSA
Japan NTN Akaiwa Corporation 2023/11/25 2026/11/24 JSA
Japan Head Office 2023/11/25 2026/11/24 JSA
Japan Advanced Technology R&D Center 2023/11/25 2026/11/24 JSA
Americas United States of America American NTN Bearing Manufacturing Corporation, Elgin Plant 2024/03/14 2027/03/13 LRQA
United States of America American NTN Bearing Manufacturing Corporation, Schiller Park Plant 2024/07/01 2027/06/30 LRQA
United States of America NTN-Bower Corporation, Hamilton Plant 2024/07/01 2027/06/30 LRQA
United States of America NTN Driveshaft, Inc. 2023/11/15 2026/11/19 DQS
United States of America NTK Precision Axle Corporation 2023/04/25 2026/04/24 LRQA
United States of America NTA Precision Axle Corporation 2022/05/31 2025/05/30 NSF
United States of America NTN Driveshaft Anderson, Inc. 2022/02/18 2025/02/17 ASR
Canada NTN Bearing Corporation of Canada Ltd. 2023/09/16 2026/09/15 BSI
Brazil NTN Rolamentos do Brasil Ltda. 2024/01/08 2027/01/07 AFAQ
Mexico NTN Manufacturing de Mexico, S.A. de C.V. 2024/08/22 2027/08/21 NSF
Europe Germany NTN Kugellagerfabrik (Deutschland) GmbH 2023/06/13 2026/05/31 LRQA
Germany NTN Antriebstechnik GmbH 2024/07/13 2027/07/12 AGIMUS
France NTN Transmissions Europe 2024/06/26 2027/06/25 AFAQ
France NTN Transmissions Europe Crezancy 2024/06/26 2027/06/25 AFAQ
France NTN Europe S.A. 2024/01/08 2027/01/07 AFAQ
Italy ICSA Industria Cuscinetti S.P.A. 2023/02/03 2025/12/17 TÜV
Romania NTN-SNR Rulmenti S.R.L. 2024/01/08 2027/01/07 AFAQ
Asia, Oceania Thailand NTN Manufacturing (Thailand) Co., Ltd. (Automotives) 2024/08/25 2027/08/24 TÜV
Thailand NTN Manufacturing (Thailand) Co., Ltd. (Industrial Machinery) 2024/06/16 2027/06/15 TÜV
Thailand NTN Manufacturing (Thailand) Co., Ltd. (Pinthong) 2022/12/31 2025/12/30 URS
Thailand NTPT Co., Ltd. 2023/01/10 2026/01/09 URS
India NTN NEI Manufacturing India Private Limited, Bawal Plant 2023/03/18 2026/03/17 TÜV
India NTN NEI Manufacturing India Private Limited, Chennai Plant 2024/10/06 2027/10/05 TÜV
China Shanghai NTN Corp. 2023/07/10 2026/07/09 SGS
China Nanjing NTN Corp. 2023/06/07 2026/06/06 SGS
China Guangzhou NTN-Yulon Drivetrain Co., Ltd 2022/09/06 2025/09/05 TÜV
China NTN-RAB (Changzhou) Corporation 2022/09/23 2025/09/01 DAS
China Xiangyang NTN-Yulon Drivetrain Co., Ltd. 2023/11/21 2026/11/20 TÜV

Violation of Environmental Laws and Regulations

In FY2023, there were no cases of serious penalties or sanctions imposed under environmental laws and regulations.

Environmental Education

The NTN Group conducts environmental education at various levels and for different job functions. Education by job level includes basic education for new employees in their induction training and practical education after assignment to a workplace, as well as training for newly promoted managers to address environmental issues at their respective workplaces from the perspective of managing risks and benefits. Training by job functions includes training sales departments and dealerships that serve as contact points for conducting surveys on customers about environmentally hazardous substances contained in products, on how to respond to such surveys, training on the related laws and regulations, and training for internal auditors of environmental management systems. Furthermore, we strive to raise environmental awareness among all employees by ensuring thorough understanding of important environmental measures and holding various events every June as part of the Environment Month events. As part of our internal efforts to promote carbon neutrality (CN), we have been working to enhance employees’ understanding of our carbon neutrality initiatives through internal newsletters and CN briefings. We will continue to utilize post-COVID digitalization and promote the use of online training and e-learning for environmental education in conjunction with holding conventional group training sessions.

Raising Environmental Awareness

In order to raise environmental awareness, the NTN Group in Japan distributes “Environment Policy Cards” to all employees (including personnel such as resident contractors, temporary staff, and subcontractors who work at business sites). In addition, during Environment Month in June every year, we (1) conduct environmental education, (2) conduct energy conservation patrols, (3) publish environmental news, and (4) display an Environment Month poster from the Ministry of the Environment. As an example, Mikumo Works (Matsusaka-shi, Mie, Japan) published its own “Environmental News” to deepen the understanding of measures to reduce plastic consumption.

Environment Policy Card

Environment Policy Card

Environment Policy Card (Reverse side)

Environment Policy Card (Reverse side)

Environmental News (Mikumo Works)

Environmental News (Mikumo Works)

Emergency Response

Emergency Response Drill

NTN Kinan Corporation (Kamitonda-cho, Nishimuro-gun, Wakayama, Japan) conducted a drill on how to respond to the hypothetical situation of oil leakage from drums or other containers, for all 169 of its employees in FY2023. The drill was conducted in every section and involved reading out the procedures for dealing with leakage incidents, learning how to check and handle the storage locations for sandbags, ladles, and absorption mats, as well as verifying the location and route of drains and gutters. It was a productive drill that included the provision of training for workers who did not know where to place sandbags and absorption mats, improving and relocating the storage location for oil leakage equipment to the nearest consolidated place, based on problems identified during the drill, and increasing the number of sandbags and absorption mats. In addition, improvements were made to enable swift response by installing oil leakage detection sensors on equipment placed near drains or gutters. Going forward, NTN Group will continue to conduct such drills and strive to respond quickly during an emergency.

Major Leakage/Spillage Accidents

In FY2023, there were no major leakage or spillage accidents caused by the NTN Group. We will continue to take measures to prevent the leakage and spillage of oil and environmentally hazardous substances and strive to prevent environmental pollution accidents.

Environmental Accounting

In order to efficiently promote environmental conservation, the NTN Group in Japan quantifies the costs and economic benefits of environmental conservation by classifying them based on guidelines drawn up by the Ministry of the Environment. Environmental conversation costs for FY2023 were approximately 3.301 billion yen, including research and development of eco-friendly products, and the economic benefits of environmental conservation measures was approximately 1.31 billion yen.

Environmental Conservation Costs

(Million yen/year)

Classification Investment in equipment Expenses Grand total
Amount Details Amount Details Amount
Costs within the business area Pollution prevention costs 13 Environmental equipment (dust collectors, blowers, etc.) 214 Maintenance, inspection, management, etc. of environmental facilities (dust collectors, wastewater treatment facilities) 227
Global environmental conservation costs 256 Energy-saving equipment (inverters for air compressors, LEDs, high-efficiency air conditioning equipment, etc.) 229 Installation, maintenance, inspection, management, etc. of energy-saving equipment 485
Resource recycling costs 0 Water-saving and rainwater utilization equipment, grinding sludge solidification equipment 764 Waste recycling and reduction measures, waste disposal costs 765
Upstream and downstream costs 0 11 Analysis related to green procurement 11
Management activity costs 0 322 Personnel costs for environmental management systems (EMS), information disclosure (advertisements, NTN Report), and greening and beautification of sites 322
Research and development costs 461 Purchase of testing equipment, prototyping costs, etc. 1,023 Research and development of eco-friendly products (bearings, CVJs, electric modules, green energy products, etc.) 1,484
Social activity costs 0 2 Greening and beautification outside the company 2
Environmental damage response costs 0 5 Soil sampling and remediation costs 5
Total 730 2,571 3,301
(Reference)
Total for FY2022
538 2,538 3,076

Economic Benefits Associated with Environmental Conservation Measures

(Million yen/year)

Item Amount Details
Global environmental conservation costs and benefits 70 Energy-saving effects of air-conditioning, compressors, lighting, etc.
Resource recycling costs and benefits 1,240 Gain on sale of metal sludge and other valuable assets, etc.
Total 1,310
(Reference)
Total for FY2022
1,958

Environmental Conservation Effects

Indicators FY2022 FY2023
Total CO2 emissions 295,000 tons 270,000 tons
Waste reduction Recycling rate 98.7% Recycling rate 99.2%