NGK SPARK PLUG CO., LTD.Corporate Brochure

https://www.ngkntk.co.jp/english/E-2107 (1) DIssued July 2021

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Since its founding, the NGK SPARK PLUG Group has worked to evolve and improve products with a focus on spark plugs and sensors based on core ceramic technologies, building trust with customers while contributing to the development of society.

During an era in which the automotive industry is undergoing a once-in-a-century revolution, we plan to return to the spirit of challenge and innovation on which the company was founded so that we can resolve social issues even more effectively than in the past.

To realize change beyond the current way, we must embrace the challenge of developing solutions and services that use technologies that transcend boundaries, rather than asking what ceramics can do.

In the face of rapid environmental and social change, we will focus all resources on addressing social issues while ensuring that all employees set their sights high.

We thank you in advance for your continued patronage and support for the NGK SPARK PLUG Group.

Realizing drastic change beyond the current way

- T o p M e s s a g e -

Representative Director Chairman of the Board Representative Director President & Chief Operating Officer

At NGK SPARK PLUG, we aim to contribute to people all over the world by linking people to technologies and

delivering new values. As a truly global corporation, we want to build stronger ties not only with customers and

the residents of local communities, but also with local and global environments.

We are always working to make our corporate philosophy and our commitments a reality.

Three elements constitute our corporate philosophy.

With full use of the most suitable technology and our accumulated experience, we continue striving to offer new values to the peoples of the world.

We offer a working environment in which each one of us is encouraged to make full use of his or her personality and capabilities. With all our power we are dedicated to pursue management based on trust and confidence.

Ever onward! Always mindful of what is the best course, we swiftly put it into action.

1. Commitment

2. Management Policy

3. Action Guideline

Realize our imagination.We continue to offer new ideas and new values.

Corporate Philosophy

The Nittoku Way refers to a set of philosophies that

includes values that are shared by the entire NGK

SPARK PLUG Group, and the actions based on those

philosophies, as well as the manner in which those

actions are carried out.

We aim to provide real value as a company that is indispensable to the world.

The Nittoku Way

1

2 3

Commitment

ManagementPolicy

ActionGuideline

Corporate Philosophy

Shinichi Odo Takeshi Kawai

0403

Number of overseas bases

46

Number of countries in which NGK SPARK PLUG products are sold

About 140

Spark plug global market shareOxygen sensor global market share

Ratio of overseas employees

About 46%

Percentage of employees who have experience being seconded overseasSales of the entire NGK SPARK PLUG Group

427.5 billion yen

Other3%Japan

14%

South and Central America

5%

Asia25% Europe

25%

North America28%

*As of March 31, 2019, as estimated by NGK SPARK PLUG.

Sales by region

*Generalist (Classified, Considered) only

Overall group operating profit ratio

11.1%

Overseas sales ratio

86%

Headquarters

Technical center

Manufacturing & Sales organization

Holding company

Sales organization

*Figures current as of March 31, 2021, unless otherwise noted.

- Global Activity -

An increasingly global NGK SPARK PLUG Group and the results of its activities

The NGK SPARK PLUG Group around the World

12.1%

No.1

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Spark plugs and exhaust gas oxygen sensors

Oxygen concentratorsElectro-static chucks

Please visit our website for more information. Official NGK SPARK PLUG website:https://www.ngkntk.co.jp/english/

Our spark plugs were the first products of their kind to be manufactured domestically in Japan. Today, we enjoy No. 1 market share worldwide. Our proprietary ceramic technology delivers perfor-mance that can withstand the high temperature and pressure levels inside engines. In addition, our component technology development, technologies for bonding different materials, evaluation tech-nologies, and other innovations make possible exceptional ignitability and combustion efficiency. Our products also contribute to environmental protection by improving fuel economy.

As a core component of emissions treatment systems, oxygen sensors contribute to cleaner emissions and better fuel economy. We support compliance with strict emissions regulations through proprietary technology that makes possible fast, accurate sensing despite the intense temperature variations and presence of exhaust condensation in the automobile environment.

Oxygen concentrators supply highly concentrated oxygen to patients suffering from chronic respira-tory failure who are undergoing home oxygen therapy. They increase oxygen concentrations by removing the nitrogen in air. In addition to provid-ing energy efficiency and quiet operation, our products help improve patients’ quality of life by accommodating remote monitoring and enabling patients to breathe oxygen at home.

Electro-static chucks, which use static electricity to hold silicon wafers in place during semiconductor manufacturing, are required to exhibit high levels of durability and quality. We draw on proprietary manufacturing methods that use lamination technology to realize durability in harsh environ-ments, together with uniform temperature distri-bution. These products contribute to improving the efficiency with which semiconductors, essential in today’s IoT society, can be produced.

Technologies and products that solve social issues

Representative Products and Core Technologies - Products -

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Custom products with advanced technologies

The devices introduced here are representative of the products we have developed since our founding, together with additional products based on those technologies. But they only tell part of the NGK SPARK PLUG story. Many of the products we deliver are custom-engineered to accommodate individual customers’ unique specifications and requirements. Most of these products, which we develop proprietarily, play a supporting role in society without it being known that they were manufactured by NGK SPARK PLUG.

Ultrasonic transducers

Semiconductor packages

Cutting tools

Actually, we’d like to brag a little!

Ultrasonic transducers leverage the characteristics of materials in which the application of a voltage generates ultrasonic waves to produce minuscule vibrations, and are used in products like medical scalpels. These scalpels result in less blood loss and faster recovery than regular scalpels. Ultrasonic scalpels incorporating our products are used by the world’s top medical device manufacturers. In this way, we support medical professionals worldwide.

Cutting tools are used to fabricate (cut) parts in manufacturing processes. We supply products that are specifically designed to accommodate the respective characteristics of a broad range of industries, including the automotive, aerospace, and medical sectors. Going forward, we will continue to develop new materials like BIDEMICS, a proprietary material that makes possible super-high-speed cutting of heat-resistant alloys that are extremely difficult to machine.

Semiconductor packages are used as a protective application for IC chips. Lamination technology using our proprietary manufacturing method serves to transmit electric signals while safeguard-ing semiconductors from heat, moisture, and other potentially harmful conditions. These products are expected to contribute to today’s IoT-driven society, which will grow in the future, and play a major role in a society based on next-generation communications.

Technologies and products that solve social issues

Representative Products and Core Technologies - Products - Please visit our website for more information. Official NGK SPARK PLUG website:https://www.ngkntk.co.jp/english/

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We aim to meet the challenge of going “beyond ceramics” and “exceeding the imagination” of society and ourselves, thereby changing “drastically beyond the current way” in 2040. We have created the “2030 Long-term Management Plan NITTOKU BX” by backcasting from the 2040 Vision. We regard 2030 as a milestone year to ensure we are on the right path heading into 2040.

2040 Vision and the Long-Term Management Plan

Transformation of the Business Portfolio

We aim to decrease the proportion of ICE business in our total sales revenue from the current 80% to 40% while raising that of non-ICE business from the current 20% to 60%, thereby transforming our business portfolio. As a first step, we will decrease the ratio to 60% and increase the ratio to 40% for ICE business and non-ICE business, respectively, as milestone targets for 2030.

Action Guidelines

We have upheld “Change with Will!!” as the guiding principle for the 2030 Long-term Management Plan. Specifically, with a strong commitment (“Will”), we will fast-track “Change” for coexistence with society and people.

Delivering new value in the face of an ever-changing future.

To meet large-scale global environmental changes, we too must change.

Creating an organization comprised of passionate individuals working

together to face challenges head-on in order to better society.

We are transcending imagination with technology that

transcends boundaries.

We are more than just ceramics and we are going in new directions.

Business Fields to Focus on

Based on the Long-term Management Plan, we will focus on four business fields going forward: Environment & Energy, Mobility, Medical, and Communication. In this way, we have already begun to embrace challenges in order to build a sustainable society.

Environment & Energy Mobility Medical Communication

Strive for fairness

Diverse personnel

Create a sustainable society

IGNITE YOUR SPIRIT

Make our dream come true

Innovation

Global thinking

with a Globalmindset!!

with Fairness!!

Change from ICE-oriented businesses

with Speed!!

Change

with Will

Change with Will!!Change with Will!!

20%

40%

(FY)204020302020

Non-ICE business

ICE business

Sales revenue composition

60%80%

40%

60%

2020

Current

2030 Long-Term Management Plan

“NITTOKUSHINKARON”

Long-TermBasic Policy

BackCasting

(2030 strategies and initiatives)

Milestones Direction

2030

*NITTOKU BX

NITTOKU Way

2040

Vision

Long-Term Vision

* NITTOKU BX: “Beyond ceramics, eXceeding imagination”

426.2 billion yen

750.0 billion yen (Forecast)

Spirit of Dokuritsu Jiei (self-reliance)

Professional companies, organizations, and human resources

Optimize for speed

Shikai KeiteiUtilizing everyone’s unique skills

Dokuritsu JieiSelf-reliance and self-assuredness

Shisei ShinjitsuDoing your very best

Soshi KantetsuSeeing things through to the end

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Our core competencies include ceramic materials technology, sensing technology, and a global production/

sales system. We will add “Something New” to these to create new value and foster “Open Innovation”, both

internally and externally, thereby achieving further growth in these four fields.

Four business fields in which we deliver real value to people around the world

- Business Descriptions -Four Business Fields

• Using sensing technology to improve industrial efficiency

• Stable supply of regenerated energy

To an energy efficient and environmentally-friendly society

• Providing maintenance services according to your lifestyle

• Improving electricity using ceramic components

• Providing MaaS (Mobility as a Service) to fit special needs

To a mobile society that is fun and convenient

Environment & Energy Mobility

• Applied ceramic materials to artificial bone

• Non-invasive diagnosis and treatment, provision of preventive equipment and services using ultrasound technology

To bring advanced medical care to people all over the world

A high-speed communication society where virtual and reality are connected

Medical Communication

Ceramic material technology

Sensing technology Global production/sales system

Applied technologies suitable for use in harsh environmentsDisparate material bonding technology

Sheet lamination technologyCeramic power generation technology

Temperature measurement from -40° to 900°C

Rapid high temperature heating technology

Instantaneous detection of hydrogen leaks

Detection of vibrations in 1/100th of a second

Venture labs at three bases worldwide

Ceramic electricity storage technology

Core competencies underlying our businesses

• Provide infrastructure parts to support high-speed communication

MobilityEnvironment& Energy

CommunicationMedicalMobilityEnvironment& Energy

CommunicationMedical

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Solid Oxide Fuel Cells (SOFCs)

Developing fuel cells for a hydrogen based society

Lead-free piezoelectric ceramics

Towards the commercialization of environmentally-friendly piezoelectric materials

Water quality sensing

Towards the realization of land-based aquaculture by visualizing water quality

Piezoelectric ceramics can be made to vibrate by applying a voltage to them. Products in a broad range of fields make use of this characteristic, from devices used in everyday life to industrial equipment. We are pursuing R&D in environmentally-friendly, lead-free piezoelectric ceramics as part of an effort to develop safe, Earth-friendly materials and products that customers in a variety of fields will be able to use with peace of mind.

When we entered the market for fuel cells, which are expected to contribute to more environmentally-friendly energy use in the future, we embraced the challenge of focusing on high-output, next-generation SOFCs. MORIMURA SOFC TECHNOLOGY and CECYLLS manufacture planar and cylindrical cell stacks, respectively, and supply a full line of products for residential, commercial, and industrial use. We will continue to contribute to the effort to realize a hydrogen-based society in the future through the development of new products and working to secure their widespread adoption.

MobilityEnvironment& Energy

CommunicationMedical

Doctor LinkNew services that will contribute to a smart mobility-based society

Venture labs: Creating the future of the worldWe have established open innovation bases in Silicon Valley, Germany, and Tokyo, where we are pursuing solution-oriented research to solve social issues through creative collaboration with start-ups and other partners.

R&D structuresWe spend 5.9% of sales on R&D, a figure that significantly exceeds the industry average, and we remain focused on creating new technologies.

A joint venture established by NGK SPARK PLUG; NORITAKE CO., LTD.; TOTO LTD.; and NGK INSULATORS, LTD.

A joint venture established by NGK SPARK PLUG and Mitsubishi Power, Ltd.

MORIMURA SOFCTECHNOLOGY CECYLLS

Various initiatives to create new value

Solid Oxide Fuel Cell (SOFC) shapes and applications

Principal applications of lead-free piezoelectric ceramics

Planar-type SOFC

Cylindrical-type SOFC

Large-scale power plants50+ MW

Industrial use1 to 10 MW

Commercial use2 to 100 kW

Residential use0.7+ kW

Factories

Supermarkets and convenience stores

24

Offices and commercial facilities

Homes

Power plants

Consumer audiovisual equipment Industrial IoT

Factory automation products

Medical equipment

Automotive applications

Reflecting our commitment to solving social issues like declining aquatic resources, worldwide food shortages, and environmental pollution caused by discharges of contaminated wastewater, we are working to supply a comprehensive solution for land-based aquaculture that facilitates the management of aquacultural work by applying sensing technologies, visualizing water quality data, integrating it with camera-based biological information, and implementing big-data analysis. The goal of this development program is to contribute to the future resolution of global environmental issues such as the conservation of water quality in rivers and oceans.

This service uses connected technologies to notify car users of vehicle status and other information via a smartphone app, and to provide optimal maintenance-related informa-tion to repair shops. We are working to build maintenance infrastructure that will allow automotive mechanics to serve as “family doctors” for customers’ cars.

Comprehensive solutions for land-based aquaculture

Water quality data

Farming Farming guidance

Optimal aquacultureOptimal aquaculture

Water quality sensor

Aquaculture worker

Data platform

Fostering drastic change beyond the current way

New Businesses

MobilityEnvironment& Energy

CommunicationMedical

*As of March 2021.

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Inherited Vision

Development of Morimura Group

As our business evolved from tableware to industrial products, we faced even

stricter demands for product uniformity.

In order to constantly realize the performance needed by customers and to

eliminate discrepancy among products, Magoemon Ezoe expected a high level of

discipline and sense of participation to produce quality products. Employees at all

workplaces devoted themselves to manufacturing which fulfilled such expecta-

tions. Even today, the philosophy of producing quality products with participation

by all employees is still alive at NGK SPARK PLUG.

Uniform products through participation by all employees

“Suppose that we produce only 1 defective product per1,000 products.

To the customer who purchases that 1 product,our defect rate is 100%.”

Magoemon Ezoe (First president of NGK SPARK PLUG)

Ichizaemon Morimura

Nippon TokiGomei Kaisha

January 1904

Morimura Bank

June 1897

Morimura Gumi

March 1876

NGK Insulators, Ltd.

May 1919

Nippon Toki, Ltd.

July 1917

Toyo Toki Co., Ltd.

May 1917

Morimura GumiCo., Ltd.April 1918

Okura Art China

May 1919

NGK SPARK PLUG

October 1936

NGK Insulators, Ltd.

changed part of corporate name from kanji to katakana in May 1986

Noritake Co., Limited

changed corporatename in April 1981

TOTO Ltd.

changed corporatename in May 2007

Morimura Bros., Inc.

changed corporatename in July 1946

Okura Art China. Inc.

reorganized in April 1950

Merged with Mitsubishi Bank

1929

From Morimura Gumi to NGK SPARK PLUG.

1876Morimura Gumi founded in Tokyo by Ichizaemon Morimura VI and his brother Toyo. Toyo traveled to the United States and started a sundries retail business.

1878Hinode Shokai Morimura Brothers founded in New York by Toyo.(name changed to Morimura Bros. Inc. in 1881)

1921Started research on spark plugs at NGK Insulators, Ltd.

1930Started sales of Spark Plugs by NGK Insulators, Ltd.

1936Separated the Spark Plug Division of NGK Insulators, Ltd. and established NGK SPARK PLUG.

1937Started the manufacture of NGK Spark Plugs at NGK SPARK PLUG.

1897Founded Morimura Bank.(merged with Mitsubishi Bank in 1929)

1899Established a research center in the Morimura Gumi Nagoya Office. Started research into the manufacturing of white hard porcelain.

1917Separated the Sanitary Ceramics Division of Nippon Toki Gomei Kaisha and established Toyo Toki Co., Ltd. (the present TOTO LTD.)Reorganized Nippon Toki Gomei Kaisha into Nippon Toki, Ltd.

1919Separated the Insulator Division of Nippon Toki and established NGK Insulators, Ltd. (the present NGK INSULATORS, LTD.)Founded Okura Art China

1904Founded Nippon Toki Gomei Kaisha in Nagoya. (the present NORITAKE CO., LIMITED)

1914Nippon Toki Gomei Kaisha succeeded in producing Japan’s first dinner set.

NGK SPARK PLUG was founded in 1936. However, our roots can be traced back

more than 140 years to the Morimura Gumi which was established in 1876 by

Ichizaemon Morimura, the forefather of the Morimura Group.

Our founding father Ichizaemon Morimura was an honest and passionate

merchant. Determined to reclaim wealth which had flowed overseas, Ichizaemon

embraced the challenge of foreign trade for the prosperity of Japan. Eventually,

the Morimura Gumi began to manufacture ceramics and the Morimura Group

was born, ultimately leading to the founding of numerous prominent companies

including NGK SPARK PLUG.

History and Milestones

1936 NGK SPARK PLUG CO., LTD. was established with capital of ¥1,000,000.

1937 Started the manufacture of NGK spark plugs.

1949 Started the manufacture of NTK technical ceramics.

Listed on both Tokyo and Nagoya stock exchanges.

1958 Started the manufacture of ceramic cutting tools and inserts.

Started the manufacture of copper-cored wide range spark plugs. Became a pioneer product in the automobile industry.

1959 Established CERAMICA E VELAS DE IGNICAO NGK DO BRASIL LTDA. (the present CERAMICA E VELAS DE IGNICAO NGK DO BRASIL LTDA.)

1961 Established NITTOKU SEISAKUSHO CO., LTD.

1962 Started operation of Komaki Factory (Aichi prefecture).

1966 Established NGK SPARK PLUGS (U.S.A.), INC. (sales company)

1967 Started the manufacture of ceramic IC packages.

1973 Established NGK SPARK PLUGS MALAYSIA BHD.

Started the manufacture of temperature sensors for automobiles.

1974 Established NICHIWA KIKI CO., LTD.

Started operation of Kagoshima-Miyanojo Factory (Kagoshima prefecture).

Established SIAM NGK SPARK PLUG CO., LTD. (Thailand)

Established NITTOKU UNYU CO., LTD.

1975 Established NGK SPARK PLUG (U.K.) LTD.

1976 Established NGK SPARK PLUG MFG. (U.S.A.), INC. (Manufacturing company)

1977 Established PT NGK BUSI INDONESIA.

1978 Established NTK CERAMICS (U.S.A.), INC. (Ceramic manufacturing company)

1979 Established BUJIAS NGK DEL ECUADOR CIA LTDA.

Established NGK SPARK PLUGS (DEUTSCHLAND), GmbH. (the present NGK SPARK PLUG EUROPE GmbH)

1980 Established NGK SPARK PLUG (AUSTRALIA) PTY. LTD.

Started the manufacture of quick glow system (QGS) (for diesel engines).

1982 Established NGK SPARK PLUGS CANADA LIMITED.

Started the manufacture of oxygen sensors for automobiles.

Established TONO CERAMIC CO., LTD.

Established KAMIOKA CERAMIC CO., LTD.

1984 NGK SPARK PLUG MFG. (U.S.A.), INC. changed its corporate name to NGK SPARK PLUGS (U.S.A.), INC., by merging with NGK SPARK PLUGS (U.S.A.), INC. and NTK CERAMICS (U.S.A.), INC.

Established KANI CERAMIC CO., LTD.

Established TAIWAN NGK SPARK PLUG CO., LTD.

Established IIJIMA CERAMIC CO., LTD.

1985 Started the manufacture of ceramic glow plugs.

1989 Invested in WOOJIN INDUSTRY CO., LTD. (Korea)

Established CERAMIC SENSOR CO., LTD.

1990 Established NGK SPARK PLUG INDUSTRIES EUROPE S.A.S. (France)

Started operation of Europe Technical Center.

Started the manufacture of bio ceramics.

1991 Total production of NGK spark plugs exceeded 5 billion units.

1992 Established NITTOKU ALPHA SERVICE CO., LTD.

Established BUJIAS NGK DE MEXICO S.A. DE C.V.

1993 Started operation of Brasil Technical Center.

Established NGK SPARK PLUGS (FRANCE) S.A.S.

Established NAKATSUGAWA CERAMIC CO., LTD.

Established NTK CUTTING TOOLS KOREA CO., LTD. (the present NTK TECHNICAL CERAMICS KOREA CO., LTD.)

1994 Started operation of Ise Factory (Mie prefecture).

Established NGK SPARK PLUG MFG. (U.S.A.), INC.

1994 Established NTK TECHNICAL CERAMICS (TAIWAN) LTD.

1995 Established NGK SPARK PLUGS (U.S.A.) HOLDING, INC.

1996 Started operation of U.S.A. Technical Center.

1997 Started the manufacture of NGK “Iridium” spark plugs.

Started operation of Komaki Technical Center.

Started the manufacture of organic IC packages.

2000 Started the manufacture of NGK “Iridium IX” spark plugs.

2001 Established NGK SPARK PLUGS SINGAPORE PTE LTD.

Started the manufacture of oxygen concentrators for home oxygen therapy.

Started operation of Komaki R&D Center.

Established NANSEI CERAMIC CO., LTD.

2002 Restructured former NGK SPARK PLUGS (U.S.A.), INC. and NGK SPARK PLUG MFG. (U.S.A.), INC.

Established new NGK SPARK PLUGS (U.S.A.), INC. and NTK TECHNOLOGIES, INC. according to product market.

Established NGK SPARK PLUG MIDDLE EAST FZE.

2003 Established NGK SPARK PLUG (SHANGHAI) CO., LTD.

Established NTK TECHNICAL CERAMICS POLSKA SP. Z O.O.

2004 Started the manufacture of new high temperature ceramic glow plugs.

2005 Established NGK SPARK PLUGS (THAILAND) CO., LTD.

Started the manufacture of hydroxyapatite cement.

2006 Established NGK SPARK PLUGS (INDIA) PVT. LTD.

Total domestic production of NGK plugs reached 10 billion units.

2007 Established NGK SPARK PLUGS SA (PTY) LTD.

2008 Established NGK SPARK PLUG (PHILIPPINES), INC.

2009 NAKATSUGAWA CERAMIC CO., LTD. changed its corporate name to NTK CERAMIC CO., LTD. by merging with KANI CERAMIC CO., LTD. and IIJIMA CERAMIC CO., LTD.

2011 Established CHANGSHU NGK SPARK PLUG CO., LTD.

2012 Established NGK SPARK PLUGS (VIETNAM) CO., LTD.

2013 Capital and Business Alliance with EASTERN CO., LTD.

Tono Ceramic Co., Ltd. changed its corporate name to SparkTec TONO CO., LTD.

Established LLC NGK SPARK PLUG (EURASIA).

Established SparkTec (Thailand) Co., Ltd.

Established NITTOKU DENSHI CO., LTD.

2014 Started operation of SparkTec TONO CO., LTD. Nino Headquarters Plant.

2015 Acquired 100% ownership of NIHON CERATEC CO., LTD.

Acquisition of all shares relating to WELLS Vehicle Electronics business.

2016 Nittoku Seisakusho Co., Ltd. changed its corporate name to SparkTec WKS Co., Ltd.

Nihon Ceratec Co., Ltd. changed its corporate name to NTK CERATEC Co., Ltd.

Established CS Nakatsugawa Co., Ltd.

Capital and Business Alliance with Japan Medical Dynamic Marketing, Inc.

Established NTK Ceramic Co., Ltd.

2017 Established NITTOKU SMILE CO., LTD.

SparkTec (Thailand) Co., Ltd. changed its corporate name to NGK SPARK PLUGS (ASIA) Co., Ltd.

2018 Established Sharing FACTORY Co., Ltd.

Acquired 100% ownership of CAIRE Inc.

2019 Established MORIMURA SOFC TECHNOLOGY Co., Ltd.

2020 Established CECYLLS Co., Ltd.

Established ignArt CO., LTD.

2021 Introduced an in-house company system.

1817

58.2%

Equity ratio

75

70

65

60

2016 2017 2018 2019 2020 (FY)

80

Today, society demands business activities that will help realize a sustainable society, for example by contributing to international norms and goals such as the United Nation’s Sustainable Development Goals (SDGs). To date, we have contributed to society by pursuing businesses around our flagship internal combustion engine products. Going forward, we will work to broaden the scope within which we contribute to society by pursuing solutions to social issues through existing offerings such as oxygen concentrators and lead-free piezoelectrics as well as products and services in new areas such as fuel cells, and by communicating information about those efforts both inside and outside the company.

Company Profile

Overview

Financial Highlights *In the March 2020 term, NGK SPARK PLUG began to use IFRS-based accounting.

For details, please visit our website.CSR and Sustainability Charter

We adopted a CSR and Sustainability Charter in April 2020 to serve as a summary of our approach to sustainability as set forth in our corporate philosophy, and to communicate that commitment more broadly both inside and outside the company.

For details, please visit our website.Priority issues

In an effort to contribute to the realization of a sustainable society, we have carefully assessed the issues facing society and defined priority issues (materiality) to be addressed by our group in reference to ESG (Environmental, Social, and Governance) factors.

Social Contribution Activities

We became a Gold Sponsor of the Marathon Festival Nagoya Aichi in 2021 out of a desire to support all people who chase their dreams and to contribute to the revitalization of local communities. With the cooperation of the event’s participants, we made donations to three non-profit organizations that are active in the Tohoku region. We remain committed to helping realize a better society by addressing issues faced by not only our region, but also the country and the world.

Sponsorship of the Nagoya Women’s Marathon

Courtesy Nagoya Women’s Marathon

As an activity intended to help children who will lead the next generation grow culturally and artistically, NGK SPARK PLUG has hosted a family musical event at the NTK HALL every year since 2013. Guests include families and children from elementary schools and kindergartens located close to NGK SPARK PLUG and from facilities such as residential institutions in Aichi Prefecture. Employee volunteers participate as event staff. In 2020, the event undertook a series of rigorous measures to prevent the spread of COVID-19. Going forward, we will continue to undertake activities that help children to have hopes and dreams.

Hosting a family musical event

Family musical put on by Hikosen Theater Company

427,546(Millions of yen)

Revenue

400,000

300,000

200,000

100,000

2016 2017 2018 2019 2020 (FY)

500,000

38,367(Millions of yen)

Profit attributable to owners of the parent

40,000

30,000

20,000

10,000

2016 2017 2018 2019 2020 (FY)

50,000

47,389(Millions of yen)

Operating profit

60,000

45,000

30,000

15,000

2016 2017 2018 2019 2020 (FY)

75,000

9.1%

ROE (Return on equity)

12

9

6

3

2016 2017 2018 2019 2020 (FY)

15

5.9%

R&D expenses ratio

7.0

6.5

6.0

5.5

2016 2017 2018 2019 2020 (FY)

7.5

188.59(Yen)

Earnings per share

160

120

80

40

2016 2017 2018 2019 2020 (FY)

200

451,626(Millions of yen)

Total equity

400,000

320,000

240,000

160,000

2016 2017 2018 2019 2020 (FY)

480,000

771,293(Millions of yen)

Total assets

700,000

600,000

500,000

400,000

2016 2017 2018 2019 2020 (FY)

800,000

For details, please visit our website.

Towards a Sustainable Society- Sustainability Action -

Company Name: NGK SPARK PLUG CO., LTD.

Establishment: October 26, 1936

Capital: 47,869 million yen

Headquarters: 14-18, Takatsuji-cho, Mizuho-ku, Nagoya 467-8525

Employees: Non-Consolidated: 5,891 (as of March 2021) Consolidated: 16,391 (as of March 2021)

Business: 1. Manufacturing and selling spark plugs and related products for internal-combustion engines.

2. Manufacturing and selling technical ceramics and applicable products.