SWCC Showa : Group Report Integrated Report 2021

SWCC Group Report

Integrated Report

SWCC SHOWA HOLDINGS CO., LTD.

All for the Trust

Management Philosophy

"The SWCC Group strives to be trusted"

• The SWCC Group will strive to earn the "trust" of our customers through high technology and high quality products and services.
• The SWCC Group will, through healthy business activities, create corporate values that will earn the "trust" of the employees, customers, shareholders and the local community.
• The SWCC Group will, by complying with all applicable rules and regulations and through the prioritization of safety and the regional environment, conduct "trustworthy" activities.

Mission Statement

"Creating for the Future"

The SWCC Group will create new value for a better future.

• We will create products and services that will earn the trust of our customers.
• We will create earth environmentally friendly products.
• We will create corporate values that will earn trust through healthy business activities.

SWCC Group Management Policy

The SWCC Group has established and worked on the following management policies to achieve our management philosophy,

"The SWCC Group strives to be trusted."

1. The SWCC Group shall give top priority to its customers and develop and provide them with products, technology, and services that are beneficial for society, environmentally friendly, good quality, and safety conscious, and contribute to the development of society.
2. The SWCC Group shall comply with all applicable domestic and foreign laws and regulations and act in accordance with social norms based on ethics.
3. The SWCC Group shall create a bright and pleasant working environment and enhance the autonomy and willingness of employees based on respect for human dignity.
4. The SWCC Group shall conduct corporate activities based on fair, transparent, and free competition, and secure appropriate profits.
5. The SWCC Group shall maintain sound and normal relations with politics, government, and the local community.
6. The SWCC Group shall disclose corporate information in a timely and appropriate manner to conduct public relations activities for its shareholders as well as for the public at large, while strictly managing the acquisition, use, and disclosure of information.
7. The SWCC Group shall recognize that working on environmental issues is an essential requirement for corporate activities, and strive to create an affluent and healthy environment.
8. The SWCC Group shall conduct corporate activities in a sensible manner and respond to anti-social forces and organizations with a resolute attitude.
9. The SWCC Group shall, as a member of the international community, strive to conduct corporate activities and contribute to society, while respecting local cultures and practices.

01 SWCC Group Report

CONTENTS

History and Future of the SWCC Group

1. History of the SWCC Group

1. Four Business Fields

A Strategy to Hone Trust and Technology to Achieve Growth

07 Greetings

13 Value Creation Process

1. Financial/Non-financialHighlights

1. SWCC Group's Growth Strategy
   Energy and Infrastructure Business Segment

1. Communication and Industrial Devices Business Segment

1. Electrical Equipment and Components
   Business Segment

1. New Business Segment

1. Special Feature: New Brand SICOPLUS™

Efforts to Build a Business Foundation

27 SWCC Group's CSR Efforts

1. Efforts to Conserve the Environment
   Environmental Management
2. Voluntary Environmental Action Plan
3. 7th Voluntary Environmental Action Plan (FY2021-2025), Topics

33 Relations with Society

Supplier Relations (Quality Management)

1. Supplier Relations (Supply Chain)

1. Shareholder and Investor Relations
2. Employee Relations (Human Rights, Employment)

1. Employee Relations (Safety and Health
   Activities)
2. Community Relations
3. Corporate Governance

1. Risk Management

1. Outside Director's Message
2. Management Team (Introduction of Officers)

Financial/Company Profile Section

1. Results of Operations and Financial Analysis

1. Company Profile
2. Share and Investor Information

Editorial policy

This is a report to stakeholders on the medium- and long-term value that the SWCC Group provides through its business activities toward the realization of an enriched human society.

• In business activities, representative products and new technology development are introduced for each of the four segments (Energy and Infrastructure Business, Communication and Industrial Devices Business, Electrical Equipment and Components Business, New Business) of the SWCC Group. In each segment, environmentally friendly products are also introduced.
• CSR efforts are reported from the angles of E (Environment), S (Social), and G (Governance), based on the framework of seven core subjects that companies should address as social responsibility according to JIS Z 26000. In addition, the relationship between these initiatives and SDGs (Sustainable Development Goals) is explained.

• Period of the Integrated Report
  April 1, 2020-March 31, 2021 (FY2020)
  However, past and recent activities are included in some cases.
• Scope of the Integrated Report

SWCC Showa Holdings Co., Ltd., its consolidated subsidiaries (13 domestic* companies, 7 overseas companies), and equity method affiliates (4 overseas companies)

*Including 2 companies eliminated in FY2021 due to liquidation or merger

• Referenced guidelines

• IIRC (International Integrated Reporting Council), "International Integrated Reporting Framework"
• GRI (Global Reporting Initiative), sustainability reporting standards
• Japanese Standards Association, "JIS Z 26000: 2012 Guidance on social responsibility"

• Month/Year published

September 2021 (next scheduled publishing date: September 2022)

• Other

The company brochure, annual securities report, and other company information are available on the SWCC Group's website.

The SWCC Group is engaged in activities to support the Sustainable Development Goals (SDGs).

SWCC SHOWA HOLDINGS CO., LTD.

02

History and Future of the SWCC Group

History of the SWCC Group

Diverse technologies and products cultivated since our establishment The SWCC Group will continue to face changes and challenges

Under the management philosophy of "The SWCC Group strives to be trusted," we have been providing the world with products centered on electric wires and cables since our establishment in 1936.

Through the design and development of materials mainly including rubber, plastic and metals, and parts that control electricity, vibration and heat, cultivated throughout this development, we have produced many different products in various fields, including infrastructure, communications, and seismic isolation, which are used in various places throughout society.

Leveraging this technology, the SWCC Group will make great progress into a new era, with the goal of developing as a corporate group that contributes to a sustainable society through our business activities.

1938

Production and sale of power and communication cables commences

1969

Production of copper wire rods using a dip forming system commences

1979

Production and sale of heat rollers for electronic copier commences

1936

SHOWA ELECTRIC WIRE AND CABLE CO., LTD. is established (Spin off from Tokyo Electric Company: the current TOSHIBA CORPORATION)

1937

Operations commence in Kawasaki City, Kanagawa Prefecture (production and sale of bare copper wire commences)

English trademark is registered (establishment of SWCC brand)

1938

Production and sale of power and communication cables commences

1947

Production and sale of vibration-isolation rubber mount commences

1949

Listed on the Tokyo Stock Exchange

Success is achieved in the industrialization of SHOMEX formal enameled wire

1951

Technical Assistance Agreement is concluded with General Electric Company (GE), USA (polyvinyl formal enameled wires and power cables)

1959

Elephant terminal box for 400 kV class OF cables is developed in collaboration with Tokyo Shibaura Electric Co., Ltd. (currently Toshiba Corporation)

1961

Operations at the Sagamihara Plant commence (production of communication cables commences)

1967

Production and sale of CATV coaxial cables commences

1968

Operations at the Mie Plant commence (production of magnet wire commences)

1969

Production of copper wire rods using a dip forming system commences

1971

Completion of 75m high VCV tower at the Kawasaki Plant

03 SWCC Group Report

History and Future of the SWCC Group	A Strategy to Hone Trust and Technology to Achieve Growth	Efforts to Build a Business Foundation	Financial/Company Profile Section
History of the SWCC Group

1986	2006
First delivery of seismic isolation devices	Compact electric power equipment products are
	integrated under the SICONEX® brand

2017

Sale of high-performanceoxygen-free copper wire commences under the MiDIP® brand

1976

Superconducting wires are delivered for Japanese National Railways' magnetic levitation vehicles

1979

Production and sale of heat rollers for electronic copier commences

1986

First delivery of seismic isolation devices

1987

Installation of AC 2000 kV airtight transformer for testing (registered in 2010 as Essential Historical Materials for Science and Technology)

1990

Completion of the Ebina Factory (production of heat rollers)

1995

Operations at the Aichi Factory commence (production of power cables commences)

1996

JIAXING SHOWA INTERCONNECT PRODUCTS CO., LTD. is established as a joint venture in Zhejiang Province, China

1997

ISO 9001 certification granted (company-wide)

1998

The entire production division of the Kawasaki Office is transferred

1999

ISO 14001 certification granted (at all production sites)

2000

FUQING SHOWA CHENGHONG ELECTRONICS CO., LTD. (currently FUQING SHOWA PRECISION ELECTRONICS CO., LTD.) is established in Fujian Province, China

2001

UNIMAC, LTD. is established as a joint venture

SWCC SHOWA (SHANGHAI) CO., LTD. is established in Shanghai, China

2005

SWCC SHOWA (VIETNAM) CO., LTD. (SVC) is established in Hanoi, Vietnam

2006

Corporate separation

Shift to a holding company structure

The company is renamed from SHOWA

ELECTRIC WIRE AND CABLE CO., LTD. to SWCC SHOWA HOLDINGS CO., LTD.

Compact electric power equipment products are integrated under the SICONEX® brand

2009

Joint venture in Shandong Province, China

SHOWA-TBEA (SHANDONG) CABLE ACCESSORIES CO., LTD. is established in Shandong, China

2011

A business and capital partnership agreement is concluded with FUTONG GROUP CO., LTD. China

FUTONG-SHOWA ELECTRIC WIRE & CABLE (TIANJIN) CO., LTD. is established as a joint venture in Tianjin, China

FUTONG SHOWA WIRE & CABLE (HANGZHOU) CO., LTD. is established as a joint venture in Zhejiang Province, China

2017

Changed head office location to Kawasaki-ku, Kawasaki City

Sale of high-performanceoxygen-free copper wire commences under the MiDIP® brand

2019

The SWCC Group changes its status from "a company with a board of statutory auditors" to "a company with an audit and supervisory committee"

Business segments are reviewed and group governance is strengthened

Showa Furukawa Cable Co., Ltd. is established as a joint venture

SWCC SHOWA HOLDINGS CO., LTD.

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