OHARA values its day-to-day communication with customers, shareholders, investors, suppliers, employees, and community members, and accordingly strives to properly disclose information to them. We will continue working with all our stakeholders to create new value that resolves social challenges and realizes sustainable growth.
We disclose corporate information in a timely and appropriate manner and strive for sincere and highly transparent communication to ensure the correct understanding of and support for our corporate activities from society.
OHARA discloses corporate information in a timely and appropriate manner and strive for sincere and highly transparent communication to ensure the correct understanding of and support for our corporate activities from society. At the annual general meeting of shareholders held in late January of each year, we strive to communicate OHARA’s vision and strategies in an easy-to-understand manner so that all shareholders can understand them. For the 114th Annual General Meeting of Shareholders, out of the desire to prevent the spread of the COVID-19 infection, we ask shareholders to consider exercising their voting rights in advance in writing or via the Internet as much as possible and to consider attending the meeting if possible. On OHARA’s website, you can find timely disclosure materials, information on the general meeting of shareholders, dividend status, stock information, stock procedures, and other stock-related information, as well as the Integrated Report (this report). In addition, we provide information for individual investors to enable them to better understand OHARA, including our features and improvements, and we held a briefing for these investors. Furthermore, we hold financial report briefing sessions four times a year for institutional investors and securities analysts, and our IR division also responds to individual interviews as needed.
OHARA has been working on value co-creation with stakeholders by providing products of stable quality through technologies for development and production of outstanding materials that other companies cannot keep up with, with a primary focus on responding to customer needs. In order to continue to deliver satisfaction to our stakeholders, we will strive to improve high product quality and reliability through logical production and quality assurance by utilizing IoT, AI, and digitalization.
OHARA brings together its best technologies to provide glass materials that are the basis of key devices in all kinds of industries. As a material manufacturer that relies on the trust of customers, we strive to ensure high product quality and reliability through a consistent quality management system in all departments, from product development and manufacturing to quality assurance and service. The materials used in the optical glass and electronics sectors are highly evaluated by overseas customers, and OHARA is becoming more globalized every year. Amid the increasing complexity brought about by globalization, we will seek deeper collaboration with stakeholders in our quality assurance efforts, and take action to build supply chains with our overseas sites and to strengthen our quality assurance system. We will strive to co-create value with customers by earning their trust and satisfaction.
The evolution of semiconductor products is enriching our lives and advancing society. The volume of data transmission will increase while we advance ultra-fine technology known as nanotechnology, and we will grow along with the evolution of 5G smartphones, digital transformation (DX), autonomous driving, and a clean energy society. The quality of our lens materials, which make up the optical parts of the equipment that supports semiconductor exposure technology, depends on the homogeneity of the refractive index. Highly homogeneous lens material enables electronic circuits with extremely small line widths to be accurately transferred to semiconductor devices. This homogeneity is measured using OHARA’s optical interference technology to guarantee the quality of optical glass. Using a laser as the light source, the homogeneity of the refractive index of large-diameter lens (up to 450 mm in diameter) materials can be measured with an accuracy of 1×10-6
OHARA’s measurement technology is positioned as our core technology, and we will establish measurement, evaluation, and analysis technologies in line with the evolution of materials (new materials) in measurement technology, connecting the market and materials. This activity will refine new measurement and evaluation technologies that take into account new domains related to electronics as well as time horizons further into the future, from those developed in optical glass
OHARA sources high-quality raw materials and other materials at reasonable prices by establishing a procurement policy. In partnership with our suppliers, we strive to ensure the continuity and stability of material supply so that we can keep customers satisfied and fulfill our social responsibility. We also require our global supply chain partners to comply with laws, regulations, and social norms of the countries and regions where they operate.
The OHARA Group procures starting powders, raw materials, and other key constituents of a superior quality and a reasonable price in accordance with the following policies.
We ask all suppliers to pay attention to the following points to fulfill their social responsibility and pursue customer satisfaction based on partnerships with suppliers.
It has been an internationally significant issue that serious human-rights abuse is being committed by armed forces in dispute regions, including the Democratic Republic of the Congo and its neighboring countries. Minerals mined in such regions (tantalum, tungsten, gold and tin) are called conflict minerals. There is a concern that conflict minerals would serve as direct or indirect sources of funding for the local armed forces.
With respect to this issue, conflict minerals provisions under the Dodd-Frank Act were enacted in 2010. In addition, the Organization for Economic Co-operation and Development (OECD) issued a Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict Affected and High-risk Areas. Through the above, companies are being strongly required to take responsible initiatives in regards to their supply chains. OHARA has been advancing initiatives towards the non-use of conflict minerals by, for example, conducting surveys on the circumstances of use of minerals in products, in order to fulfill social responsibility in procurement activities.
OHARA strives to maintain proper corporate activities and proactively carry out social contribution activities as a “good corporate citizen,” while valuing harmony wi th local and international communities. We build strong trusting relationships with local communities and engage in social contribution activities so that OHARA will remain as an indispensable company for local communities 100 years from now.
Collection of pull-tabsWe proactively engage in pull-tab collecting activities.
Certain amounts of pull-tabs collected can be used to donate a wheelchair.
The rose garden on the company’s premises has been enjoyed by local residents for over 60 years. Today, 600 rose plants representing 150 varieties burst into color each year. We hold two open garden days in spring and fall. We will continue to host these openings to fur ther build bonds of trust with the community.
Since 2006, OHARA has actively participated in the Sagami River Cleanup Operation. Citizens launched this annual cleanup to protect the environment along the Sagami River, a recreational area for the community. We will continue to join in efforts to preserve the local environment, as one way to exist in harmony with the community.
We sponsor the Enageed Summit,* a presentation tournament for junior and senior high school students that is organized by Enageed Co., Ltd., which co-produces our employee training program. The event’s concept is to have students identify a specific issue and freely create a vision for the future that seeks to overcome that issue. As this coincides with our own value of “Think for oneself, learn for oneself, and grow for oneself,” we decided to support it and the efforts of students to challenge themselves. Trophies made of our optical glass are presented at the tournament. We are proud to back this project that encourages students to show initiative and fosters the desire to contribute to society. In 2023, 8,279 students from across Japan participatedbr.
* A presentation tournament in which junior and senior high school students present their own ideas on solving issues that they identified.
Every year, we hold disaster prevention drills for all employees so that we can take prompt action in the event of a disaster. In addition to the basic fire extinguishing training, you will experience a seismic intensity of 7 with an earthquake experience car, raise awareness of disaster prevention, and learn how to prepare for and protect yourself from a major earthquake.
As part of the local social contribution activities, OHARA accepts activities such as factory tours given to students from nearby schools.
In FY 2018, 121 fifth-grade elementary school students participated in the factory tours. In addition to glass, they also deepened their understanding of environmental initiatives.
As part of our activities for contributing to the local community, we host career days for students from local junior high schools. These hands-on opportunities are intended to provide actual work experiences that teach the students about the significance, importance, challenges, and joys of working, and to encourage them to think about their future. We will continue cherishing our connections with the local community by providing these excellent learning experiences to the next generation.
OHARA holds a top partner agreement with S.C. Sagamihara, a J3 professional soccer club based in Sagamihara City. The club carries out the Jimoto Ai Project with the local government and businesses to tackle various social issues. As a sponsor of this initiative, OHARA helps to create places for children to be active, as one way to support people raising children. This includes running the “Mobile Kids Park” service, in which play equipment for children is temporarily set up in community parks and open spaces. We are also considering establishing an on-site day-care center in the future with the involvement of S.C. Sagamihara and nearby businesses, and will provide opportunities for people raising children to be active, among other efforts to address social challenges.
OHARA has invested in a green bond issued by Kanagawa Prefecture (Kanagawa Prefecture’s 2nd 5-year publicly offered public bond). A green bond is a type of bonds issued to raise funds for environmental improvement projects.
The bond conforms to the characteristics of a green bond defined by the International Capital Market Asso-ciation (ICMA) and has received a second party opinion from Rating and Investment Information, Inc. (R&I). The proceeds from the issuance will be used to fund new projects for rivers, coasts, and soil erosion control un-der the Kanagawa Prefecture Water Disaster Prevention Strategy.
OHARA has invested in a green bond issued by Sagamihara City (Sagamihara City’s 1st 10-year publicly offered public bond). A green bond is a type of bonds issued to raise funds for environmental improvement projects.
The bond conforms to the characteristics of a green bond defined by the International Capital Market Asso-ciation (ICMA) and has received a second party opinion from Rating and Investment Information, Inc. (R&I). The proceeds from the issuance will be used to fund new projects for rivers, coasts, and soil erosion control un-der the Kanagawa Prefecture Water Disaster Prevention Strategy.
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The things we focus on in manufacturing are explained.