Thoughts on Sustainability
TS TECH's sustainability
Since its founding, TS TECH has conducted its business activities with the aim of fulfilling its two-pronged vision statement of being “a company dedicated to realizing people’s potential” and “a company sincerely appreciated by all.” We believe that management that gives full consideration to the environment, society, and governance is essential to the Group’s determination to achieve further growth and put its vision statement into practice. Given this, since April 1, 2017, we have included “ESG management” in our corporate management guidelines and have further accelerated these initiatives. Through our business, we work continuously to resolve sustainability issues and to be a company sincerely appreciated by all and whose presence is valued by all of its stakeholders. We will continue to work together as a Group.
The TS TECH Group has consistently worked to raise corporate value sustainably and foster a corporate culture based on the two elements of our vision statement—being “A company dedicated to realizing people’s potential,” which expresses our belief that people are the decisive factor in a company, and being “A company sincerely appreciated by all” stakeholders and society.
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We will help to resolve social issues by implementing our vision statement, with its twin aims of being “A company dedicated to realizing people’s potential” and being “A company sincerely appreciated by all.”
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We will improve the overall corporate value of the Group.
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We will hold responsible dialogues with all stakeholders and build trusting relationships.
November 2021, Resolution of Board of Directors
TS TECH Philosophy
TS TECH is able to demonstrate the value of its existence only by living up to the TS TECH Philosophy, the Group’s management philosophy. Implementing the vision statement laid out in this philosophy is the social responsibility the Group must fulfill, and doing so will help to build a sustainable world.
The TS TECH Group—Carrying Forward the TS TECH Philosophy over Generations
The existential value of our company can only be found by embodying the TS TECH Philosophy, which consists of the Vision Statement, Mission Statement, and Operational Directives. Based on a corporate management belief that people are the decisive factor in a company, and as an automotive interior system supplier, we are committed to continuously enhancing our corporate value, striving for harmonious coexistence with society, and remaining a company that is sincerely appreciated by all stakeholders.
We believe a company that promotes transparent, sound business management and is appreciated by all stakeholders is one that possesses great promise. The TS Code of Conduct governs the day-to-day actions of every executive and employee, and guides them toward making appropriate decisions so that the TS TECH Group can be just such a company.
Diverse Global Talent Embodying the TS TECH Philosophy: A Driver of Sustainable Growth
The smiles of our workers will pave the way for our company’s future
Under our corporate philosophy of valuing people, I have adopted “Smile” as the slogan for my section, reflecting my commitment to building a cheerful and respectful workplace where individual skills and personalities are appreciated. This initiative aligns with our Vision Statement: “A company dedicated to realizing people’s potential.”
The New Product Development Section is responsible for creating new value and products that shape the future. No matter how outstanding an individual idea may be, new value cannot be created by one person alone. Product development requires dialogue with colleagues who bring diverse perspectives. That is why it is essential to embody our philosophy of “A company dedicated to realizing people’s potential” by accepting and respecting each other’s ideas. To foster a stronger sense of unity, we promote initiatives in which every team member plays an active role. These include applauding each speaker at internal meetings and establishing a workplace improvement committee to improve the working environment.
We will continue to support the growth and challenges of each individual, fostering a workplace where everyone can take pride in shaping the future of our company. By sharing the joy of pursuing limitless possibilities together, we aim to contribute to sustainable business growth.
Manager
New Product Development Section
New Product Development Department
Corporate Development and Engineering Division
How we are becoming a company sincerely appreciated by all
In May 2025, TS TECH established KRISHNA TS TECH AUTO PRIVATE LIMITED (KSTS) as a joint venture with Maruti Suzuki’s primary Indian seat supplier, the Krishna Group.
KSTS is the Group’s first joint venture development company. It is a product of the Krishna Group’s wish to improve its technological capabilities and the TS TECH Group’s goal to expand sales in the Indian market. In order to fulfill the aims of both companies, it is vital for employees of different nationalities to understand and respect one another, and to practice good teamwork. I am convinced that good communication is the key that will unlock the two companies’ ability to fully share the technologies and rich experience they possess. In turn, this will maximize our ability to create even greater value, and we will be able to deliver products that bring joy to customers, not just in India but around the world.
Going forward, we will work to develop attractive products for the Indian market, where we expect further growth, as we strive to remain “A company sincerely appreciated by all.”
Senior Engineering Manager
KRISHNA TS TECH AUTO PRIVATE LIMITED
Asia and Europe Region
Fostering Sustainability Awareness
Initiatives to Foster Awareness of Sustainability
Embodying its vision statement of “A company dedicated to realizing people’s potential” and “A company sincerely appreciated by all,” the TS TECH Group carries out initiatives across different regions to help address diverse social issues and contribute to the realization of a sustainable society. We hold an annual internal awards ceremony featuring the Sustainability Award and the Social Contribution Activities Award to select exemplary practices from these initiatives and share them throughout the company. We recognize and honor employees who have contributed to our activities, aiming to boost individual motivation and foster awareness of sustainability.
Sustainability Award
This program recognizes initiatives that contribute to achieving materiality KPIs and resolving social issues through business activities. For fiscal 2025, we selected the following two cases as exemplary practices and recognized and rewarded the employees who worked on these initiatives.
1. Initiative to reduce environmental impact through the development of original recycled resin
The development of recycled resin materials that can be used at a similar cost to conventional materials is expected to contribute to reducing environmental impact.
2. Launch of electricity sales operations at the Thailand site and initiatives to reduce environmental impact through solar power generation
We have secured a difficult-to-obtain electricity sales license and established the Group’s first new business venture in this area. Going forward, we expect this venture to contribute to improving profitability and reducing environmental impact in the Thailand region.
Social Contribution Activities Award (newly established in March 2025)
This annual award program recognizes and honors initiatives addressing social issues that cannot be resolved through business activities alone. It encompasses all corporate-led social contributions across our TS TECH Group, including those overseas. For the inaugural fiscal 2025, the Sustainability Committee screened numerous candidates and selected and awarded 15 projects.
| Environmental field | 1 project |
|---|---|
| Education support field | 6 projects |
| Regional contribution field | 8 projects |
Social Contribution Activities Award: Examples of recipients
Tochigi workplace
Honda Cars SAITAMAKITA CO., LTD.
TS TECH (HONG KONG) CO., LTD.
ESG Management and Medium-Term Management Plan
In the 15 Medium-Term Management Plan, we formulated 9 key strategies, consisting of growth strategies, regional strategies, and functional strategies, with an eye to what we will do in 2030. By working together as a group to implement these strategies, we will achieve even greater business growth and achieve the ESG management stated in our management policy.
Overview of 15th Medium-Term Management Plan
（FY2024 – FY2026）
2030 vision - statement
Innovative quality company
― Continued creation of new value ―
Management
policy Realizing ESG
management
Growth
strategies
Priority strategy①
Securing cabin
coordination capacity
Priority strategy②
Further growth in
new businesses
Priority strategy③
A higher share of major
customers' products
Regional
strategies
Priority strategy④
V-shaped recovery in
North America
Priority strategy⑤
Restructuring the China
business strategy
Priority strategy⑥
Strategic growth in new
businesses in Europe
Functional
strategies
Priority strategy⑦
Supply chain
restructuring
Priority strategy⑧
Enhancing efforts to
develop environmental technologies
Priority strategy⑨
Building high efficiency
production structures