Kyosan Electric Manufacturing : CORPORATE REPORT 2021 (4MB）

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Kyosan Electric Manufacturing Co., Ltd.

KYOSAN VISION

Continuously ensuring safety and peace of mind for the future

Corporate	Based on the themes of "Safety and Reliability" and "Global Environment Conservation,"
Philosophy	we will contribute to "the development of society and a better quality of life" with our
	advanced technologies and high-quality assurance.
Management	Perpetual growth of the Kyosan Group
Objectives	Happiness of all the people who work hand in hand with us
	Appropriate returns to stakeholders
Corporate	Envisioned corporate image:
Vision	First and Foremost in Reliability - KYOSAN
	Leading company that provides safety and peace of mind
	Global corporation that respects the cultures of all countries
	Effective corporate governance

Honesty and
high ethical		Speed
standards

Code of			Action
Conduct				Guidelines
Strong sense of
responsibility and		Diversity	Challenge		Innovation
involvement

Kyosan Corporate Code of Conduct / Action Guideline

Kyosan Electric Mfg. Co. and its affiliates aim to become a reliable company that creates and improves safety and security for the people. Toward this end, we will contribute in the improvement of social comfort through constant dedication to the development of new technologies, and attain traffic and lifeline safety through providing products and services that match the needs of our customers.

As good corporate citizens, we will always maintain "honesty, high ethics," and a "strong sense of responsibility and involvement" in all of our business dealings, and we will act proactively with the awareness for "innovative ideas meeting challenge" and "speed and consistency." We shall execute the practice of this corporate code of conducts by leading by example as one of our most important responsibilities, and will promulgate these principles to all employees, thereby infusing a spirit of cooperation and harmony throughout the organization. We will strive to build a corporate foundation that is flexible in its response to various management crises through full internal control, while exerting the utmost effort toward the permanent ongoing development of the enterprise, making positive contributions to the community and maintaining the confidence of our customers.

We shall therefore

1. Put our customers first We shall do everything in our power to provide products and implement services that will achieve a high degree of customer satisfaction. All of our business activities shall be constantly steeped in the concept of 'put our customers first'.

2.	Constantly Innovate	We shall constantly strive to develop and advance leading edge technologies that will help
		to make products that are highly functional, of the highest quality, and that are friendly to
		the environment and people, while protecting and enhancing our intellectual properties.
3.	Comply to Law	We shall engage only in business activities that are fair, sound, legal and ethical, and fully
		compliant with the applicant laws and regulations and the highest principles of ethics and
		social mores.
4.	Engage in Fair	We shall endeavor to follow sound business practices in all of our business areas, to be fair
	Business Practices	and transparent at all times, and to conduct appropriate business dealings. We shall
		maintain sound and normal relationships with politicians and government administrations
		and take a firm stand against antisocial forces.
5.	Provide Proactive	We shall provide proactive disclosure of all our business activities to our shareholders and
	Disclosure	to everyone affiliated with our company in a timely manner, in order to be an "open and
		trustworthy company."
6.	Respect Individual	We shall endeavor to ensure that all employees are respected as individuals and, by so
	Employee	doing, create a rich, abundant, workplace that provides satisfaction and a deep sense of
		fulfillment for all employees.
7.	Be a Good Corporate	We shall contribute to society through first and foremost being a good corporate citizen in
	Citizen	all of our business undertakings.
8.	Manage Risk	In regard to significant management risks including catastrophic disasters and accidents,
		we shall endeavor to take preventive and predictive measures; and at the same time, to
		build a structure to prevent the occurrence and expansion of loss.
9.	Protect the Environment	We shall endeavor to implement eco-friendly policies that will help bring about a society
	and the Planet	that is gentle to the earth and to the people living in it.

Corporate Profile	1 Growth Strategy	13	Management System	23	CSR (Environmental and	33
											Social Activities)
1	KYOSAN VISION			13	Top Message		23	Executive Members
		33	Initiatives to Improve Quality and
3	History of Kyosan			Business Overview	17	27	Corporate Governance
5	Kyosan in Daily Life			31	Risk Management				Reduce Environmental Load
						36
17	Kyosan's Business Areas			Material Procurement
7	The Kyosan Brand -		32	Dialogue with Shareholders
19	Signaling Solutions Business			37	Initiatives for Utilization and
	Spreading Worldwide				and Investors
9	Initiatives for SDGs	21	Power Electronics Business						39	Development of Human Resources
											Social Engagement Initiatives

Data Section	40	Scope of Report
41	Financial Highlights			In principle, this report covers Kyosan Electric Manufacturing Co., Ltd. and its affiliates.
		Period Covered by Report
42	Non-Financial Highlights			This report covers the fiscal year ended March 31, 2021 (April 2020 to March 2021), but also includes some information from before and after that
43	Financial Data and			period.
		Caution Regarding Forward-looking Statements
	Non-Financial Data
45	Corporate Data			Forecasts regarding future performance contained in this report are based on judgments and assumptions using information currently available to the
		Company.
46	Stock Information			Accordingly, please be advised that actual performance may differ substantially from stated forecasts, due to uncertainty inherent in such judgments
47	Offices/Group Companies			and assumptions, as well as changes in business operations and internal or external circumstances.

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History of Kyosan

	1920					1923										1931
	1964							1969			1984			1986

1936		1958
										1963
			1989					1991

Our Path Over the Century and Beyond

Kyosan Electric Manufacturing Co., Ltd. was first established as Tokyo Denki Kogyo Co., Ltd. at Kanda-Awajicho, Tokyo on September 3, 1917.

The Kyosan of Kyosan Electric Manufacturing is a portmanteau of Kyobashi and Sanjikkenbori. This comes from the fact that the predecessor company, Kyosan Shokai, had its first office in an area of Tokyo called Kyobashi Sanjikkenbori. Ever since then, the Company has been developing and producing various products, among which are many Japan's and world's firsts.

Kyosan has leveraged its excellent technologies and reliable services since its inception to accumulate trust and achievements in fields that support the core of society.

For the safety and comfort of people throughout the world, we will keep offering solutions that meet diversifying needs.

World's first	1920
					Relay
first	1921	1931

1981

Total management system for bus service

Signaling system for medium distance transit systems (for unattended train operation)

1982

Computer-based CTC system for U.S. Amtrak Mule (railway car mover)

1984

Electronic interlocking Equipment

2000

Partial-height platform screen door (Platform door)

Class-D 13.56MHz RF generator

2003

Point machine attached to sleeper (TCK-1)

2004

2013

Signaling system	FY2020
Line 1	¥62.2
for Harbin Metro
2014	billion

Fully digitalized Class-D RF generator

Waterproof traffic signal controller

2016

Passenger information system for Shinjuku Expressway Bus Terminal (won the 2016 Good Design Award)

Transparent Platform Screen Doors

2017

Entry-avoidance system [Shika Fumikiri (Deer- collision prevention system at level crossing)] (won the 2017 Good Design Award)

Impedance bond

Compact car

Japan's

1923

(Kyosan-go)

1963

Electromechanical

Cuprous oxide

ATC system for the

interlocking

rectifier

Tokaido Shinkansen

Automatic block signaling

Traffic signal

Line

Products

device

1932

1936

1964

1925

Trip arm type ATS

CTC system

Automatic-response

Electric point machine

device

1937

1950

traffic signal Controller

Railway crossing alarm

1933

Car Retarder <>

Selenium rectifier

1969

1926

Relay interlocking

Yard of Japan National Railways

1958

Total Traffic

Control

Electric interlocking

Equipment

(Current "JR")>

Silicon rectifier

System

(TTC)

1974

Wide area Traffic Control System

1978

ATC systems for the Tohoku and Joetsu Shinkansen Lines

1986

LED traffic information display for traffic control

1989

Traffic Control System for Shenzhen, China

Signaling system for normal conducting HSST maglev system

1991

Smooth-braking ATC system

1998

Centralized electronic interlocking Equipment

Traffic control ITS equipment for Nagano Olympic

Gap filler

2005

HSST commercial operation launched

2007

Signaling system for the Taiwan High Speed Rail

ARTEMIS traffic signal Controller Profile signal control system

CBTC system for new transport system

2018

Train Departure Signaling	sales
System for Keikyu
Shinagawa Station
(won the 2018 Good	net
Design Award)
of
2019
Trends
platform screen doors
Lightweight partial-height

1917	1920	1930	1940	1950	1960
History	1917	Company established as Tokyo Denki Kogyo	1949	Stock listed on the
	Co., Ltd., in Kanda-Awajicho,Tokyo.		Tokyo Stock Exchange.
	Commenced manufacture and sales of electro-medical
1926	apparatuses and other electrical machinery and devices.
Company name changed to Kyosan Electric Manufacturing Co., Ltd.
	1928	Constructed and transferred corporate office and factory to the
		current location.

Merged with the limited partnership Kyosan Shokai and Nippon

Electric Application Co., Ltd.

1970 Consolidated net sales from FY1977 1980	1990	2000	2010	2020
	1993 Capitalization	2002	ISO 14001 certified.
	increased to ¥6.27
	billion.

1995 ISO 9001 certification granted to Power Converter Division

(currently Power Electronics Division).

1996 ISO 9001 certification granted to Railway Signal Division and Traffic Systems Division (currently Traffic Control Systems Division).

1998		2000		2003	2004	2014	2016	2019

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Kyosan in Daily Life

Kyosan's technologies and products support our daily traffic, lifelines and production facilities, and contribute to the development of society and a better quality of life.

Road Traffic Control Center

Road Traffic Control System

Road traffic control systems collect and analyze driving information on vehicles in the area to implement optimal traffic signal control according to constantly changing road traffic conditions and provide useful traffic information to drivers.

Roads

Vehicle Detector

Vehicle detectors are used to collect traffic information for traffic control, and the collected data is also provided to the Vehicle Information and Communication System (VICS) Center.

Intersections

Stations, Airports, Bus Terminals

Passenger Information Display Systems

These systems provide passengers with the information they need in a timely and easily-to-understand manner, by combining visual display and audio announcements, according to installation location and usage, such as at train stations, airports, and bus terminals. The information displays are built according to universal design principles, and feature a diverse product lineup, including models with displays on one or both sides, as well as models that can be installed outdoors, depending on installation location.

Platform

Partial-Height Platform Screen Doors

Partial-height platform screen doors are devices that physically block the platform from the railway tracks, thereby preventing people from falling from the

Airports

Stations

Platform

LUNCH

Roads

RoadTraffic

Control Center

Intersections

署 察 警

車間注意

Major Roads

cafe

Road Traffic Signal

Controllers/Road

Traffic Signal Unit

Road traffic signal controllers provide safe and smooth road traffic by conducting traffic control according to the situation, and perform advanced traffic control to alleviate traffic congestion. LED road traffic signal units are more compact and thinner, while also ensuring superior visibility, and realizing further energy savings.

Main Roads

Traffic Information Displays

This information display provides drivers with moment-to-moment traffic information on constantly changing road conditions.

Equipped with high-intensity LEDs, this product realizes both multi-color display and energy

platform onto the tracks and enhancing platform safety.

Level crossing

Level Crossing Control Equipment

To prevent collision accidents at level crossings where railway tracks intersect with roads, we provide different types of control equipment offering a high level of safety and reliability including level crossing barriers, obstruction detectors and warning devices.

Level crossing

Bus Terminals

Railway		Shoe	store
Signaling
	FlowerShop	麺
	Supermarket

CAR	RENTAL

Electric Power

Companies

Semiconductor/FPD

Manufacturing Equipment

savings.

Electric Power Companies

Power Supply Systems for Communications Devices

Communications, which can be said as the foundation of information society where speed and capacity are increasing, are supported by high- precision, highly reliable power supplies.

Railway Signaling

Train Control Equipment

This system ensures the safety of passenger transport by automatically controlling train speeds or stopping trains in order to reliably prevent train collisions and derailments.

Interlocking

Equipment

Interlocking Equipment guarantee safe operation by controlling the routes followed by trains, as well vehicles in stations and depots. By ensuring the interrelationships between signals and point machines, etc., these systems secure safe routes for the trains to follow.

Total Traffic Control System

This system monitors the state of operations and automatically controls the signals and routes according to a timetable to operate multiple trains efficiently in each line section.

Semiconductor/FPD Manufacturing Equipment

Digitally Controlled RF Systems

This compact high frequency power supply employs Class-D RF amplifiers with high conversion efficiency. It is incorporated in the manufacturing equipment used worldwide, including semiconductor devices, flat panel displays, and organic EL devices.

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The Kyosan Brand - Spreading Worldwide

Powering the World - Through our Various Products.

Railway Signaling Solutions Poland

Office for Local

Subsidiary

We opened an office for subsidiary Kyosan Europe Sp.z o.o. in Warsaw, Poland.

The country is expected to invest in railway systems, so we are working on market research for railway products and customer cultivation.

Traffic Management SolutionsRussia

ARTEMIS* Traffic Signal

Control System

In collaboration with the national institution NEDO (The New Energy and Industrial Technology Development Organization) and NRI (Nomura Research Institute, Ltd.), Kyosan has sought to spread the use of intelligent traffic signals in Russia using its advanced traffic signal system "ARTEMIS."

As a result, in February 2021, eight cities expressed an interest in introducing intelligent traffic signals. Going forward, we will work on promoting the spread of intelligent traffic signals in these eight cities and all over Russia while also seeking to roll them out to the Commonwealth of Independent States (CIS) countries.

Power Conversion Solutions

Semiconductor/FPD

Manufacturing Equipment

Our Power Conversion Solutions are incorporated in manufacturing equipment for semiconductor devices and flat panel displays in China, South Korea, Taiwan, Singapore and the U.S.A., supporting the most advanced technology and productivity around the world.

Railway Signaling Solutions Taiwan

Electronic interlocking equipment

at 3 stations operated by the

Taiwan Railways Administration

The Taiwan Railways Administration is working on updating the electronic interlocking equipment at Nanping Station, Fenglin Station, and Wanrong Station in conjunction with the conversion to a doubletrack line between Nanping and

Wanrong on the Taitung Line.

The terrain is steep in eastern Taiwan, so there is still a high percentage of single- track sections. However, work has begun on converting to double track lines in the area to improve the situation.

This project is Kyosan's first order received in eastern Taiwan and the first in Taiwan forupdating existing interlocking equipment.

Two switchovers are planned, so we will work to ensure that they go smoothly.

Railway Signaling Solutions

India

Supply and installation of the

Conventional signaling control

Road	80 vehicles passed
Traffic	during the last 5 minutes,
Control	so work out the right
Center	number of seconds for
	the next green signal…
	Operates as
	directed by the
	traffic control
	center

Autonomous distributed signaling control

Each signaling control system individually decides optimum parameter

Extend the number of seconds for the green signal because demand is set to increase.

4 vehicles will pass in 20 seconds

Electrification, Signaling and Telecommunication system for Eastern Dedicated Freight Corridor

Kyosan formed a joint venture (consortium) with Larsen & Toubro Limited, a major Indian construction company, and received an order for a total of 447 km of electrification,

Railway Signaling

Solutions

Traffic Management

Solutions

Power Conversion

Solutions

Cannot cope with sudden		Able to predict how many vehicles come to
uctuations in demand!		the intersection in how many seconds!

• ARTEMIS: Autonomous and Real-Time signal control based on Estimation traffic demand for MInimization of Signal waiting time

signaling, and telecommunication works on three sections of the Eastern Dedicated Freight Corridor in India. Kyosan is in charge of Electronic Interlocking system (EI) that controls signals and point machines, Train Monitoring and diagnostic System (TMS) that monitors train positions in the central control room, and Digital Axel Counter that detects train positions on railway tracks.

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