Integrated Report 2022
(Creating Corporate Value Report)
Refreshing the Air
About | Message | | | Our Value | | | Business | | | Sustainability | | | Governance | | | Financial and | | | Corporate | | | Integrated | 01 |
S.T. CORPORATION | Creation | Activities | Activities | Non-financial Information | Information | Report 2022 | ||||||||||
Table of Contents and Compilation Policy
Table of Contents and Compilation Policy | Business Activities | ||
16 Activities of Domestic Business | |||
About S.T. CORPORATION | 18 Activities of Overseas and New Businesses | ||
02 | Management Philosophy and Vision | ||
03 | Forte of S.T. | Sustainability Activities | |
04 History of Value Creation | 19 | Environmental Activities | |
05 | Situation of Each Business | 20 | Social Activities |
06 | Financial Highlights | ||
07 | Non-financial Highlights | Governance | |
22 | Efforts for Governance | ||
Message | 23 | Efforts for Corporate Governance | |
08 | President Message | ||
10 | Engagement of Stakeholders | Financial and Non-financial Information | |
31 | Financial Information | ||
Our Value Creation | 32 | Non-financial Information | |
13 | Creation of Value of S.T. | ||
14 | Value Creation Process | Corporate Information | |
15 | Material Issues and Primary Measures | 33 | Location |
34 Corporate Profile, Group Companies, | |||
and the Entire Picture of Communication Tools |
【CompilationPolicy】This report is aimed at conveying our activities for creating the value of S.T. to all stakeholders and deepening their understanding of S.T. Group. The subject period is the fiscal year ended March 2022 (Apr. 1, 2021 to Mar. 31, 2022). The fiscal years indicated in graphs and tables are those ending March unless otherwise specified.
The subject organizations are our company and S.T. (consolidated) unless otherwise specified. "S.T. Group" means the entire S.T. Group, "S.T. Group (in Japan)" means S.T. (non-consolidated) and domestic group companies, and "S.T. (non-consolidated)" means S.T. (non-consolidated).
The guidelines we referred to are the Value Reporting Foundation (VRF), "International Integrated Reporting Framework," and "Integrated Disclosure and Dialogue Guidance for Co-creation of Value" of the Ministry of Economy, Trade and Industry. This report was issued in December 2022.
【Forward-looking Statement】This report contains forward-lookingstatements regarding S.T. CORPO- RATION's future plans, strategies, and perfor- mance. Such forward-lookingstatements are based on information available as of the issuance of this report. Please note that the company's actual performance may differ greatly from forward-lookingstatements due to various factors.
【Market Scale and Share】INTAGE Inc.'s SRI+ (in value terms) for "deodorizers (for refrigera- tors)" during a 3-year period from 2019 to 2021, "mothproofing agents for food" during a 4-year period from 2018 to 2021, "disposable warmers, (excluding those for the eye parts)" during a year period from April 2021 to March 2022, other items during a period from January to December 2021, "deodorizers and air fresheners (excluding those for clothes and anti-virus ones)" and "mothproofing agents (excluding those for dolls)."
About | Message | | | Our Value | | | Business | | | Sustainability | | | Governance | | | Financial and | | | Corporate | | | Integrated | 02 |
S.T. CORPORATION | Creation | Activities | Activities | Non-financial Information | Information | Report 2022 | ||||||||||
Management Philosophy and Vision
Refreshing the Air
Our corporate philosophy is "Sincerity."
The management philosophy of S.T. Group is to contribute to society by providing customers with the most reliable products.
We aim to become a company loved by customers and society around the world, by brightening and enlivening the life of everyone through air.
About | Message | | | Our Value | | | Business | | | Sustainability | | | Governance | | | Financial and | | | Corporate | | | Integrated | 03 |
S.T. CORPORATION | Creation | Activities | Activities | Non-financial Information | Information | Report 2022 | ||||||||||
Forte of S.T.
Shoshu-Riki
No.1
Deodorizers and
Air Fresheners
(excluding those for clothes and removing viruses)
Domestic market share
27%
- Intage Inc. SRI + (in value terms) Period: Apr. 2021-Mar. 2022
Dashu-TanKome-Touban Mushuda
No. | No. | No. |
1 | Mothproofing1Agents | Mothproofing |
1 | ||
Deodorizers | for Rice Storage | Agents |
(for refrigerators) | Domestic market share | (excluding those for dolls) |
Domestic market share | Domestic market share | |
82% | ||
76% | 44% | |
* Intage Inc. SRI + (in value terms) | * Intage Inc. SRI + (in value terms) | * Intage Inc. SRI + (in value terms) |
Period: Apr. 2018-Mar. 2022 | Period: Apr. 2017-Mar. 2022 | Period: Apr. 2021-Mar. 2022 |
Drypet
No.1
Dehumidifiers
Domestic market share
33%
- Intage Inc. SRI + (in value terms) Period: Apr. 2021-Mar. 2022
We have many Unique Brands in Niche Markets.
About | Message | | | Our Value | | | Business | | | Sustainability | | Governance | | | Financial and | | | Corporate | | | Integrated | 04 | |||
S.T. CORPORATION | Creation | Activities | Activities | Non-financial Information | Information | Report 2022 | ||||||||||||
History of Value Creation | 2011 (at the time of the Great East Japan Earthquake) | |||||||||||||||||
Released a home-use radiation meter to | ||||||||||||||||||
Founded in 1946, and we started by manufacturing and selling mothproofing agents to solve | alleviate anxiety about radiation. | |||||||||||||||||
the problem of insects eating kimonos. Since then, we have grown by solving a variety of trouble | ||||||||||||||||||
and discomforts in our lives with our unique air-care core technologies and delivering refreshing | Sales in the fiscal year ended March 2022 | |||||||||||||||||
and soothing feeling to our customers. | 1981 (the peak of the growth economy period) | 45.5billion yen | ||||||||||||||||
solve the problem of mold caused | ||||||||||||||||||
Released a dehumidifier to | ||||||||||||||||||
by the airtightness of condominiums. | 2013 | |||||||||||||||||
Released functional Air Care products | ||||||||||||||||||
that purify air with the power of the forest. | ||||||||||||||||||
1971 (high economic growth period) | ||||||||||||||||||
Released air fresheners to | ||||||||||||||||||
1946 (post-war reconstruction period) | improve public health and | 1999 (mature economy period) | ||||||||||||||||
add color to people's lives. | ||||||||||||||||||
Released mothproofing | Released fragrances and | |||||||||||||||||
agents to prevent insect | deodorants to eliminate | |||||||||||||||||
bites on precious clothing. | worrisome odors. |
19461970
Changes in management in line with the changes of the times
1998 | 2013 |
【From 1946: Founding period】 Solidifying the business foundation as a manufacturer
After the war, many women were saddened by their precious kimonos being eaten by insects. Seiichi Suzuki, one of the founders, saw this and established S.T. Chemical Industries Co., Ltd., the predecessor company, in 1946 and started manufacturing and selling mothproof- ing agents.
【From 1970: Growth period】 Management for creating new markets through aggressive investment
From around 1970, the Japanese economy accelerated its growth. Along with this, the living environment has changed significantly, and new lifestyle concerns and needs have emerged. In 1971, we entered the air freshener market, and in 1981, we created a new dehumidifier market. In addition, we actively invested in capturing strong demand, such as starting overseas expansion in Thailand, Taiwan, the Philippines, etc.
【From 1998: Mature period】 Strong and flexible management
Since 1990, the economy has stagnated as the domestic population growth has slowed. We implemented a management reform "narrow- ing down and concentration" to shift from the previous expansion policy to the pursuit of a strong and flexible structure. Our current major brands, such as Shoshu-Riki,Dashu-Tan, and Kome-Touban, were born around this time.
【From 2013: Turning point】 Management for exploration and deepening
In the 2010s, the times changed dramatically toward the green economy. In addition to providing high value-added products and services in response to changes in consumer values and lifestyles, we are promoting management that considers all stakeholders by reducing CO2 emissions and responding to resource depletion.
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S.T.Corporation published this content on 23 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 December 2022 05:02:08 UTC.