Distribution of Added Value to Stakeholders

Basic Stance

As the social responsibility of the Teijin Group, we place importance on maintaining a profit through our business, and distributing the resulting added value to stakeholders in an appropriate manner.

Code of Conduct

Together

We are united in building shared, sustainable values through mutual respect for our unique differences.

Environment , Safety & Health

We put the global environment, human safety and health as our top priorities when conducting business.

Integrity

We act with integrity in compliance with laws and regulations, and show respect for human rights and local communities in which we operate.

Distribution Results in FY2016

The added value obtained in FY2016 was distributed to major stakeholders as follows.

The total amount of added value was calculated by subtracting expenses for transportation, R&D, marketing promotion and tenancy, tariffs, depreciation, and other selling, general and administrative expenses (SGA) from gross operating profit (net sales minus cost of sales), and adding independently calculated social contribution expenses and environmental preservation expenses.

These final two expenses are included in either other SGA or manufacturing costs. Additionally, social contribution expenses include the use of company facilities by local residents and services provided by employees converted to a monetary value. For distribution of added value, the stakeholder classification is listed as "local communities."

Distribution of Added Value to Stakeholdersa red star

Stakeholders Amount (billions of yen) Breakdown Remarks
Shareholders 10.8 Dividend Figures are shown in financial statements (in the Dividends table of the Consolidated Financial Statements Summary for the year ended March 31, 2016).
Employees 60.0 Salaries/wages, bonuses and retirement allowances Figures are shown in financial statements (Amounts of left-side line items that are included in selling, general and administrative expenses in the Consolidated Statements of Income). Note that the amounts shown on the left do not include personnel expenses that are calculated as part of manufacturing costs.
Creditors (financial institutions) 2.2 Interest paid Figures are shown in financial statements (Interest expenses in the Consolidated Statements of Income)
Administrative organizations (national and local governments) 12.0 Taxes paid, such as corporation, local and business taxes Figures are shown in financial statements (Corporate tax, residence tax, and business tax, in the Consolidated Statements of Income for the year ended March 31, 2016)
Local communities 0.9 Monetary donations, and article donations, free renting of company facilities, and services provided by employees converted to a monetary value using the Nippon Keidanren (Japan Business Federation) method. Calculated by the CSR Planning and Promotion Department
Company (Teijin Limited) 41.3 Increase in retained earnings Figures are shown in financial statements (Difference in retained earnings between current and previous fiscal years, in the Consolidated Balance Sheets)
The environment 5.2 Expenses for environmental preservation Calculated by the CSR and Compliance Department
Total amount 132.4    

Percent Allocation of Added Value to Stakeholders

<FY2016>Shareholders:8.2% Employees:45.3% Creditors (financial institutions):1.7% Administrative organizations (national and local governments):9.1% Local communities:0.7% Company (Teijin Limited):31.2% The environment:3.9%

Trends in Added Value Distribution to Stakeholdersa red star

Teijin Group´s stakeholders