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On February 16, 2008, the Tokuyama Group celebrated the 90th anniversary of its establishment. I hereby express my gratitude to all stakeholders for their committed support. We will make continuous efforts under our management policy, "Venture Spirit & Innovation," as we approach the centennial of our establishment.
On the occasion of the 90th anniversary, the Tokuyama Group set out a corporate vision for the coming centennial anniversary of its establishment, called the Centennial Vision. It defines the optimum form of the Group as "a manufacturing company that creates a brighter future with the vitality of human resources and creativity of chemistry in harmony with society." We will take the initiative in strengthening "Human Resources-based management" and "Promotion of CSR activities," which are the foundations of basic strategies for the Centennial Vision, in a bid to achieve the vision.
It is solely in the context of their relationships with stakeholders that companies receive recognition and are required to meet their responsibilities. In the light of this notion, the company engages in activities to improve its level of CSR to review individual processes in the business activities. The Tokuyama Group's longstanding CSR activities have three major pillars – "Responsible Care activities," "environmental management" and "ensuring and enhancing compliance."
"Responsible Care activities" are voluntary, worldwide activities performed by the chemical industry to safeguard the environment, to ensure health and safety throughout the lifecycle of chemical products including development, manufacturing, distribution, use, final consumption and disposal. The Tokuyama Group has been engaged in these activities for more than a decade.
"Environmental management" aims to reorganize all business activities into an environmentally friendly form to increase corporate value and to build a sustainable society. The Tokuyama Group operates two businesses, one engaged in the manufacture of chemicals and the other in cement production. Taking advantage of this uniqueness, we have been putting efforts into recycling waste and by-products. In addition, we will contribute to the "creation of an environmentally friendly country" through energy conservation technologies, environmental technologies and the development of environmentally friendly products on the basis of the vitality of human resources and creativity of chemistry.
As for our activities in "ensuring and enhancing compliance," we set up the Sunflower Committee in 2006 as a body for encouraging the operation and maintenance of internal control. We strive to promote these activities with the Sunflower Committee to take the lead.
Based on these past achievements, we review these activities from the stakeholders' standpoint in accordance with the concept of CSR to align the directions of these efforts, and further improve and augment the initiatives.
The Tokuyama Group wishes to continue to be a corporate group that has the trust and respect of the public. We believe the trust and respect can only be maintained by continuous efforts. As we work toward the company's centennial, the business environment is drastically changing. Amid these changes, we are committed to carrying "Venture Spirit & Innovation" into execution in relation to every process of our business activities to evolve into a corporation that is in harmony with society.
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