Environmental Report - · PDF fileThis environmental report explains the above-mentioned ......

NICHICON CORPORATION

E n v i r o n m e n t a l R e p o r t 2004

All you Need and More, Right Away

1

Editorial Policy

We referred to the “Environmental Report Guidelines (2000)” from the Ministry of the Environment in order to create the Nichicon Corporation Environmental Report.

This is the fourth edition. As in the third, as many efforts in each factory and office as possible shall be introduced.

Time Period

This report presents activities for FY 2003 (April 1, 2003 to March 31, 2004). Some parts include activities and performance after April 2004.

Scope

This document reports the environmental aspect and the social aspect of 13 domestic facilities that acquired ISO 14001 certification out of all Nichicon Corporation and Group companies. (See page 7 and 26.) The activities of overseas facilities are not covered this time but some of them are mentioned.

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Environmental Management

Environmental Performance

Social Responsibility

Message from the PresidentCorporate ProfileBusiness SummaryEnvironmental Charter/Progress in Environmental Protection Activities

Organization for Environmental ProtectionEnvironmental Management SystemsEnvironmental Education and Training The Nichicon Action Plan for Environmental ProtectionEnvironmental AccountingEnvironmental Load of Nichicon Corporation

Basic Approach to Product DevelopmentPrevention of Global WarmingEffective utilization of resourcesProper management of chemical substances, reduction of releases and green procurement

To fulfill corporate social responsibilityas a constituent of society To exercise responsibility as a manufactureWorkplace and Job SatisfactionOccupational Safety and Health Communications on the Environmentand Social Contributions List of Nichicon Group Offices That Received ISO 14001 Certification

234

5

678

91112

131517

19

21222424

25

26

Environmental Report 2004

2

Message from the President

Aiming at Harmonious Coexistence with the Earth & Recycling-based Society Sensitive to

Humankind and the Environment

October 2004

For the Nichicon Group, environmental

conservation activities mean one of the

important pillars of our business activities as

well as economic activities and efforts for

assuming social responsibility.

Although the world is making a variety of

efforts for environmental conservation, we are

afraid that such efforts are not effective

enough to inhibit environmental destruction.

Such issues as global warming and ecosystem

deterioration are confronting us even at this

moment and the heat wave this summer was violent enough

to compel us to believe that it is an omen of a rise in

temperature in the future. On the other hand, keeping pace

with the economic growth of China and other emerging

nations, depletion of energy resources has become obvious.

Now, we have to review the social structure totally and

endeavor to build a recycling and sustainable society through

our business activities.

In Japan, each company’s efforts toward corporate social

responsibility (CSR) have come to be regarded as an important

element of company management. Under the circumstances,

the Nichicon Group established the CSR Room in June 2003.

This is based on the idea that it is the company’s mission to

fulfill social responsibility proactively. The activities include

focus on the social aspect like compliance, social contribution,

corporate ethics and risk management as well as environmental

conservation activities as a whole group to move the activities

we have conducted by now to another level and operation of the

environmental management system. We will boost the existence

value of the Nichicon Group in society by grasping the actual

conditions as a whole and endeavoring to improve and enhance

them continuously.

Of course, we will make more efforts on the environmental

conservation activities in the conventional style. We will

ensure the control of chemical substances included in products

in each stage of technology development, product development

and production. Another example is to set goals in each aspect

of resource saving, energy saving and zero emissions.

The Nichicon Group established the Group’s

Environmental Charter in December 1997. Since then, we

have endeavored to conserve the environment aiming at the

realization of its basic principles “Harmonious Coexistence

with the Global Environment” and “Society friendly to

people and earth.” We obtained ISO 14001 certification, an

international standard for environmental

management, at the same time we established

the Charter. And then, we also constructed

the environmental management system.

In 2001, the Action Plan for

Environmental Protection was mapped out to

give concrete form to the principles of the

Charter. We are endeavoring to achieve the

target in 2005.

As for the activities in future, we will be

rigidly compliant with the environmental

restrictions including control over the use of hazardous

substances and collection, treatment and recycling of wastes.

We will take it for granted that we abide by laws and

regulations, recycling waste according to the Waste

Management (Disposal) and Public Cleansing Law and

procuring materials based on the Green Procurement Law

(Law Concerning the Promotion of Procurement of Eco-

Friendly Goods and Services by the State and Other

Entities), while focusing on the realization of lead free (Pb-

free), PVC-free and energy saving alternatives.

When we develop the capacitors and circuit products, we

will naturally work on development of the next-generation

products that are compliant with the rapidly evolving digital

devices and will map out a corporate strategy to constantly

supply highly value-added products and products based on

the cutting-edge technologies targeted for the global market.

To be specific, we regard digital consumer electronics,

inverter devices, information communication devices, and

automobile related products as a priority market and pursue

downsizing and advancement in functions and reliability for

the aluminum electrolytic capacitors, tantalum electrolytic

capacitors, film capacitors, and circuit products to meet any

type of market need. We believe that continuous and stable

growth means enhanced reliability as a company and a part

of the social responsibility imposed on the Nichicon Group.

This environmental report explains the above-mentioned

philosophy and efforts of the Nichicon Group on

environmental conservation concretely and in detail.

We welcome your honest opinions and suggestions.

President & C.E.O.Nichicon Corporation

Ippei Takeda


included in the scope of this report.

As of September 21, 2004

Nichicon Corporation

Oikedori, Karasumahigashi-iru Nakagyo-ku, Kyoto, 604-0844 Japan

August 1, 1950

14,286 million yen (as of March 31, 2004)

Capacitors for electronics Capacitors for Electric Apparatus and

Power Utilities Switching power supplies Hybrid ICs, Circuit modules Positive thermistors Capacitor-applied systems and equipment



4,587 (Consolidated) 1,122 (Non-consolidated) (as of March 31, 2004)

TOKYO SALES OFFICENAGOYA SALES OFFICEOSAKA SALES OFFICESAPPORO SALES BRANCHNAGANO SALES BRANCHOKAYAMA SALES BRANCHFUKUOKA SALES BRANCH

NAGANO FACTORYHOTAKA FACTORYOHMACHI FACTORYOHNO FACTORYTOMITA FACTORYPOWER SUPPLY DIVISIONNICHICON (KUSATSU) CORPORATIONNICHICON (KAMEOKA) CORPORATIONNICHICON TANTALUM CORPORATIONNICHICON (ASAHI) CORPORATIONNICHICON (IWATE) CORPORATIONNICHICON (WAKASA) CORPORATIONNICHICON (ASAHI) CORPORATIONNICHICON (FUKUI) CORPORATIONNICHICON (SHIGA) CORPORATION

NICHICON (AMERICA) CORP.NICHICON (EUROPE) LTD.NICHICON (AUSTRIA) GmbHNICHICON (HONG KONG) LTD. NICHICON (SINGAPORE) PTE. LTD.NICHICON (THAILAND) CO., LTD. NICHICON (TAIWAN) CO., LTD. NICHICON ELECTRONICS TRADING (SHANGHAI) CO., LTD. NICHICON (MALAYSIA) SDN. BHD.NICHICON ELECTRONICS (WUXI) CO., LTD

18 (8 domestic and 10 overseas).

3

Corporate Profile

106,246

2000/3

121,201

2001/3

105,892

2002/3 2003/3

100,849

2004/3

110,071

Total assets (Consolidated)(Million Yen)

2,927

8,000

4,000

6,000

02000/3

Net sales (Consolidated)(Million Yen)

120,000

100,000

80,000

60,000

40,000

0

20,000

2,000

6,703

2001/3

2,988

2002/3 2003/3 2004/3

2,191

3,302

Net income (Consolidated) (Million Yen)

153,748180,000

90,000

120,000

02000/3

30,000

60,000

150,000

174,901

2001/3

157,546

2002/3 2003/3 2004/3

155,084145,511

Employees (Consolidated)(Persons)

4,3165,000

2,000

3,000

02000/3

1,000

4,000

4,570

2001/3

4,480

2002/3 2003/3 2004/3

4,642 4,587

Company Name

Head Office

Established

Capital Stock

Product Lines

ConsolidatedNet Sales

Non-consolidatedNet Sales

Employees

Domestic Sales Network

OverseasProductionNetwork

Overseas SalesNetwork

No. ofConsolidated


Major Products

Example of mounted products

4

Business Summary

Capacitors are components that store electricity for later discharge and are used in almost every electronic appliance, including TV sets, computers, and automobiles.

Nichicon focuses on telecommunication-related devices, digital consumer electronics, automobile/vehicle-related devices, and inverter electric home appliances as priority markets and leads the industry as a capacitor manufacturer that provides products with a variety of functions and types.

We develop, produce, and sell capacitors-the electronic componentsindispensable for electronic appliances.

Aluminum Electrolytic Capacitors

Aluminum electrolytic capacitors, the most common capacitors, have aluminum oxide as their dielectric. They can obtain a large capacitance.

Nichicon uses high-capacity, high-quality electrode foils and highly reliable electrolytes as materials. Furthermore, utilizing our accumulated production engineering background, Nichicon has obtained a top-class market share worldwide.

Tantalum electrolytic capacitors employ oxides of the rare metal tantalum as dielectrics and are Nichicon’s secondary mainstay products.

The characteristic features of tantalum capacitors are miniaturization and large capacitance. They are utilized in many ways for mobile phones, digital still cameras, and DVD players and recorders.


Tantalum Electrolytic Capacitors


Circuit Products

The company produces switching power supplies that provide electricity after converting alternating current into direct current as well as hybrid IC’s, or electronic circuits with electronic components installed on a board.

The switching power supply is used in printers and DVD player/recorders. The hybrid IC is used in the battery modules for mobile phones and sensor modules for automobiles.

The company produces phase advance capacitors that are used in power receiving/substation facilities in buildings and factories to reduce electricity loss and other capacitors that support semiconductor power conversion equipment called power electronics.

Nichicon products boast a high evaluation for environmental friendly, safety, and reliability.

Facilities installed

Capacitors for Electric Apparatus and Power Utilities


The Nichicon Group’s Environmental Charter was established at the same time we obtained ISO 14001 certification in December 1997. It has since been revised to

the present edition in July 2001. This environmental charter applies to the Nichicon

Group’s activities inside and outside Japan.

5

Environmental Charter

Progress in Environmental Protection ActivitiesMar

Dec

Oct

Apr

Mar

Sep

Dec

Aug

Nov

Dec

Jan

Mar

Apr

Sep

Dec

Jul

Nov

1984.

1985.

1987.

1989.

1991.

1993.

1994.

1996.

1997.

1998.

Establishment of the Chlorine Organic Solvent Committee

Abolition of the use of trichloroethylene

Start of recycling of liquid wastes by aluminum foil etching

Name changed to the Chlorofluorocarbon Committee

Abolition of 1,1,1- trichloroethane

Establishment of the Environmental Voluntary Plan

Name changed to the Environmental Protection Committee

Abolition of CFCs

Decision to initiate environmental management systems

Establishment of the Environmental Management Room

Kameoka factory won the Management Director Prize in

“The 9th Award for Contributors to the Flower and Green City”

Holding of the Environmental Management Committee

First issue of EMS News

Establishment of the Action Plan for Environmental Protection

Decision on the name of the environmental

mascot character and slogan

Holding of the internal auditors training seminar

Establishment of the environmental charter and environmental rules

Ohno factory earned ISO 14001 certification

NICHICON TANTALUM CORPORATION earned ISO 14001 certification

NICHICON (KAMEOKA) CORPORATION earned ISO 14001 certification

Dec

Feb

Jul

Mar

Mar

Aug

Apr

Apr

Jun

Dec

Mar

1998.

1999.

2000.

2001.

2002.

2003.

2004.

NAGANO FACTORY earned ISO 14001 certification

HOTAKA FACTORY earned ISO 14001 certification

NICHICON (KUSATSU) CORPORATION earned ISO 14001 certification

NICHICON (MALAYSIA) SDN.BHD earned ISO 14001 certification

NICHICON (WAKASA) CORPORATION earned ISO 14001 certification

NICHICON (KAMEOKA) CORPORATION granted an

award as an Excellent Energy Management factory

from the director of the Kinki Bureau of International

Trade and Industry

NICHICON (ASAHI) CORPORATION earned ISO 14001 certification

NICHICON (IWATE) CORPORATION earned ISO 14001 certification

Review of the Action Plan for Environmental Protection

Abolition of the use of incinerators

Abolition of the use of dichloromethane

Completion of acquisition of ISO 14001 certification

for the Ohmachi and Tomita factories

NICHICON (FUKUI) CORPORATION earned ISO 14001 certification

Establishment of the CSR Room

NICHICON (SHIGA) CORPORATION earned ISO 14001 certification

NICHICON ELECTRONICS (WUXI) CO.,LTD earned ISO

14001 certification

Completely abolish the use of HCFC

The Nichicon Group aims for “Harmonious Coexistence with the Global Environment” and a “Society Sensitive to Humankind and the Environment,” and proceeds with its operations taking environmental protection into great consideration.

Nichicon Corporation affirms the following company-wide action plan, which stipulates the effective use of resources and prevention of environmental pollution as the top priorities. In addition, an independent and unique theme is designed for each factory and office according to the operations and characteristics of the region, while promoting the reduction of environmental loads from every aspect of our business operations.

Strive to offer products that have less impact on the environment.

In addition to observing environment-related laws and regulations, construct voluntary management standards and promote adherence.

Take action for energy and resource conservation.

Make efforts toward the reduction and recycling of waste.

Make efforts on the reduction in the use and disposal of ozone layer disrupters, global warming substances and other hazardous substances through the use, collection and recycling of alternative substances.

Offer environmental education and training to raise employees’ awareness of the environment and an understanding of Nichicon’s environmental concepts and environmental action plan.

Take part in local community activities for environmental protection to contribute to the society.

Continuously improve voluntary environmental management activities through environmental audit activities, etc.

Nichicon’s Environment-friendly Mascot,Kantaro

Environmental Principles

Policies Regarding Activities

Hello!

The Nichicon Group’s Environmental Charter


1.

2.

3.

4.

5.

6.

7.

8.

Nichicon’s environmental protection activities are conducted under the system shown in the following chart. The general manager of the CSR Room (director) is the general manager for environmental management and the Environmental

Management Committee discusses and determines the strategies, policies, objectives, and activities concerning environmental protection.


Roles of CSR Room

6

Organization for Environmental Protection

In order to continuously improve and strengthen its environmental conservation activities, the operation of the environmental management system, compliance, social contribution, corporate ethics, and risk management of the Nichicon Group as a whole, it assumes a role of cross-organizational liaison with related departments and promotes and audits such activities.

Promotion Systems in Factories and Business Offices

In each domestic manufacturing facility, the chief of the factory is also the manager of environmental management. The manager designates the EMS supervisor and drafts an appropriate environmental protection policy according to the environmental impact of each factory.

The environmental action plan for each office is discussed and determined in the Factory Environment Management Committee.

Roles of each committee

Green Procurement CommitteeThe Committee examines matters regarding the Group’s green procurement. In FY 2003, it reviewed the green procurement guideline according to the guideline of the Japan Green Procurement Survey Standardization Initiative (JGPSSI).

Energy Saving CommitteeThe Committee takes the initiative in reducing energy consumption in production activities and examines issues relating to the reduction of CO2 emissions.

In FY 2003, it realized reduction of electricity energy and CO2 emissions by introducing co-generation systems in Nichicon (Asahi) and Nichicon (Iwate).

Chemical Substance Management CommitteeThe Committee examines issues relating to the total elimination and reduction of hazardous substances used in the production process and those are included in products.

In FY 2003, Nichicon (Kameoka) achieved total abolishment of the use of HCFC.

Committee on Waste ControlThe Committee examines issues relating to emission limitations and recycling of wastes.

In FY 2003, it exerted efforts to recycle wastes as in the previous years, focusing on the activities of each office and factory.

Roles of the Environmental Management Committee

Environmental Management Committee consists of the Director of Environment Management (General Manager of the CSR Room), directors from the headquarters, and division heads.

The Committee is the supreme deliberative body in the Nichicon Group in terms of environmental management, and its major role is to map out and promote action plans relating to environment and to establish specialist subcommittees to promote specific initiatives.

Roles of the Internal Environmental Auditor Team

It audits whether its environmental management system is compliant with ISO 14001 requirements, carried out, and well maintained.

To conduct an appropriate environmental audit, the persons meeting the following requirements shall be selected as the company’s internal auditors.Internal Auditor

Chief Auditor

Persons who participated in the seminar “Internal Environmental Auditor Training Course” and passed the final exam.

Persons who participated in the “Official Training Course (TEC003)” presented by JAB (Japan Accreditation Board of Conformity Assessment) and passed the specified exam

......

.......

President

Executive Divisions

Secretariat of the Environment

Responsible Person for the Promotion of Environmental Management

General Manager of Environment Management (The general manager of the CSR Room)

Internal Auditing Team

Secretariat of the Environment (Environmental Management Department)

Environmental Management CommitteeChairperson: General Manager of the CSR Room

Factory Environment Management CommitteeChairperson: General Manager of Factory and Office

Factory and OfficeManager of Environmental Management in Factory and

Office EMS Supervisor

Specialized Subcommittees on Factory Environment

Energy Saving, Waste, Paper Reduction, Product Chemical Substances

Chemical SubstancesManagement Committee

Energy Saving Committee

Green Procurement Committee

Committee on Waste Control

EMS: Environmental Management System

Internal Environmental Audits are conducted twice a year84 Internal Environmental Auditors (8 Chief Auditors included)


Dec.

Dec.

J u l .

Mar .

Dec.

Nov.

J u l .

J u l .

J u l .

Feb .

A p r .

Dec.

Mar .

1998

1998

1998

2002

1998

1998

1998

1999

1999

1999

2003

1998

2004

Dec.

Dec.

J u l .

J a n .

A p r .

J u l .

A p r .

J u n .

A p r .

A p r .

Dec.

2001

2001

2004

2004

2003

2004

2003

2002

2004

2004

2001

Dec.

Dec.

J u l .

Mar .

Dec.

Nov.

J u l .

J u l .

J u l .

Feb .

A p r .

Dec.

Mar .

2004

2004

2007

2005

2004

2004

2007

2005

2005

2005

2006

2004

2007

List of Nichicon Group Factories That Received ISO 14001 Certification ( included in the scope of this report)

In August 1996, aiming at harmonious coexistence with the earth, Nichicon decided to obtain ISO 14001 certification to establish environmental management systems that conformed to global standards.

Based on this policy, all factories at home and abroad (13

domestic and 2 overseas factories) have already obtained certification. All factories base their environmental policies on “The Nichicon Group’s Environmental Charter” and their own environmental targets and are striving for improved environmental protection.


7

Environmental Management System

Certification of ISO 14001

Every year, efforts of each factory shall go through an internal environmental audit conducted by each factory (a management system audit, a compliance audit, and an environmental performance audit), an external audit by a certification body, and an audit by the headquarters covering all factories within the Group to examine whether the system is functioning effectively and producing good results.

Environmental Audit

Certified OfficesDate of

RegistrationDate ofrevision

Date of next revision

JQA-EM0278

JQA-EM1964

JQA-EM0182

JQA-EM2295

JQA-EM1769

JQA-EM1768

JQA-EM1786

JQA-EM0470

JQA-EM0469

JQA-EM1772

JQA-EM3125

N00330 1128

15/04E0316R00

Registered Certification No

JQA

JQA

JQA

JQA

JQA

JQA

JQA

JQA

JQA

JQA

JQA

SIRIM,QAS

WIT

Examination andRegistration Body

NAGANO FACTORY

HOTAKA /OHMACHI FACTORY

HONO FACTORY

TOMITA FACTORY

NICHICON (KUSATSU) CORPORATION /

NICHICON (SHIGA) CORPORATION

NICHICON (KAMEOKA) CORPORATION

NICHICON TANTALUM CORPORATION

NICHICON (ASAHI) CORPORATION

NICHICON (IWATE) CORPORATION

NICHICON (WAKASA) CORPORATION

NICHICON (FUKUI) CORPORATION

NICHICON (MALAYSIA) SDN. BHD.

NICHICON ELECTRONICS (WUXI) CO., LTD.

Outcome of external audit in 2003

Office Faults

0

0

0

1

0

0

0

0

0

0

0

2

7

5

5

11

7

3

6

10

8

9

Directions

Nichicon (Shiga) obtained certification for site expansion of Nichicon (Kusatsu) in December 2003.

1 73Total

Environmental policies In each factory

External audit by certification body

Audit by head office

Internal Environmental Audit Management system audit, Rule observanceaudit, and Environmental performance audit

Nagano Factory

Hotaka/Ohmachi Factory

Ohno Factory

Tomita Factory

Nichicon (Kusatu) Corporation/

Nichicon (Shiga) Corporation

Nichicon TANTALUM Corporation

Nichicon (Asahi) Corporation

Nichicon (Iwate) Corporation

Nichicon (Wakasa) Corporation

Nichicon (Fukui) Corporation



8

Environmental Education and Training

Nichicon (Wuxi) provides education on relations between Nichicon and the environment, understanding legislation in China utilizing an environmental newspaper, and the Green Partner system (certification given only to the suppliers which have established a source management system in the environmental management and satisfy the requirements defined by Sony) of our major customer Sony and the RoHS Directives.

It also has an opportunity where all employees participate to discuss the results of environmental conservation activities.

Efforts outside Japan

The Nichicon Group executes a proposition system regarding the organization and methods for the purpose of encouraging and motivating employees to generate inventive approaches, as well as improving efficiency, rationality, and the operational safety.

The total number of propositions in FY 2003 was 8,532 (8,124 previous year). Out of 8,532, the propositions in terms of the environment amounted to 1,026 (866 previous year). All suggestions were put into action.

The propositions were assessed in the “Inquiry Committee for Propositions” with two-stage judgments. Excellent propositions, defined as those that generate significant effects after a six-month execution, are rewarded.

Proposition Activities

In FY 2003, statutory qualification holders totaled 490 against the required number of 184. The policy of the Group is not to secure the minimum required number of qualifications in each factory but to promote acquisition by as many employees as possible for further enhancement and reinforcement of environmental conservation activities, as well as improvement in the awareness of environmental issues. For this purpose, the company strongly recommends that employees take correspondence courses for qualification acquisition in addition to obtaining knowledge through daily operations.

Status of environment-related qualification holders

Environmental Education

Systems and Content of Environmental Education

Publication of EMS News(Environmental News)

As an environmental protection activity, “EMS News (Environmental News)” is published in each factory to raise employees’ awareness of environmental issues. In FY 2003, the news was published 54 times in the group as a whole.

Education forpromotedemployees

Education for management

For supervisory employees as a leader for promoting environmental protection policies, this program provides full recognition of the significance of environmental protection policies and the knowledge necessary for operation of the environmental management system.

Education ofenvironmental

audit

Special training for internal environmental auditors

Special training for chief internal environmental auditors

Internal environmental auditors, who audit the efficiency of our environmental management system, need to fully understand the requirements of ISO 14001 and the latest legal revision information. In the special training for auditors, the contents of the external audits for each factory are explained and information regarding the legal revisions are shared among auditors to upgrade the auditors’ ability.

Education for designing environment-conscious products

Education for legal workers

Professionaleducation

This program also includes seminars by external bodies for employees engaged in professional work (product design, jobs requiring legal qualifications, etc) to acquire the necessary knowledge.

EMSEducation

Environmental policy, purpose, and target

Management program

Education for significant works

For employees engaged in work that influences the environment (operation of wastewater treatment facility, management of waste, treatment of chemical substances, etc), the knowledge of the environmental impact of their work and procedures for decreasing environmental loads are provided.

Education for new employees

Education as an introductory course

Education on assignment

Covers a wide range of topics related to the environment aiming for new employees to become interested in the environment and our related activities.

Environmental Education:Nichicon (Kameoka) Corporation


In each factory, environmental education is provided, such as “Education Based on the Environmental Management System (EMS Education),” “Education for Newly Hired Employees” “Special Training for Internal Environmental Auditors,” and “Education for Each Business Class and Professionalism.”

For eco-friendly corporate management, each employee’s

realization of environmental problems is important. Nichicon understands the importance of environmental education for employees.

We have established “The Nichicon Action Plan for Environmental Protection” stipulated in “The Nichicon Group’s Environmental Charter.“ For FY 2003, the targets and results were as follows:

9

The Nichicon Action Plan for Environmental Protection

Action Plan for Environmental Protection (Summary)

Establishment of Environmental Management System

Acquire ISO 14001 certification for all factories, including two newly built ones, by the end of FY 2003 (Nichicon (Fukui) Corporation and Nichicon (Shiga) Corporation).

Nichicon (Shiga) Corporation acquired ISO 14001 certification as an expansion of the certification of Nichicon (Kusatsu) Corporation.

Nichicon Electronics (Wuxi) Co., Ltd. acquired ISO 14001 certification in March 2004.

Energy Saving Activities

Using FY 2001 as the standard, reduce CO2 emissions per unit of sales by 4% by the end of FY 2005.

Reduce CO2 emissions per unit of sales by 1% compared to the previous year.

Nichicon (Shiga) Corporation shall acquire ISO 14001 certification. (The application will be examined in December 2003).

Nichicon Electronics (Wuxi) Co., Ltd. shall acquire ISO 14001 certification (by the end of FY 2003).

14% increase from FY 2002.

Waste Reduction Activities

Fulfill zero emissions (98% recycling rate) by the end of FY 2005.

Maintain the waste recycling rate of FY 2001 (98% recycling rate).

Waste recycling rate 98.6 (up 0.6% from FY 2002).

Green Procurement

Start to establish and operate Green Procurement Guidelines in FY 2002.

Review the standard of the investigation on the suppliers and if it should be continued or not.

Reviewed them according to the guideline of Japan Green Procurement Survey Standardization Initiative (JGPSSI).

Resource Saving Activities

Using FY 1997 as the standard, reduce use of paper by 50% by the end of FY 2005.

Using FY 1997 as the standard, reduce use of paper by 40%.

Abolish the use of lead in external electrode terminals by the end of FY 2003.

Promote switchover to PVC-less products.

44.2% reduction from FY 1997.

Completely abolished by the end of FY 2003.

Reduction of Environmental Pollutants

Completely abolish the use of HCFC (hydro chlorofluorocarbon) by the end of FY 2003.

Completely abolish the use of HCFC (hydro chlorofluorocarbon) by the end of FY 2003.

Map out a plan to reduce emission of boron into a body of water area.

Using FY 2001 as the standard, reduce emissions of hazardous chemicals (First Class chemical substances under the PRTR Law) by 20% by the end of FY 2005.

Mapped out an emission reduction plan and start activities based on the plan from November 2003.

Lead-free (Pb-free)Completely abolish the use of lead by March 2004(Completion of elimination of lead on externalelectrode terminal areas).

Informed customers of the switchover to environmentally friendly products.

PVC-less Completely abolish the use of Polyvinyl Chloride (PVC) by December 2004. (Completion of elimination of PVC on sleeve materials).

Measures taken for products

Category Action Plan Target (FY 2002-2005) Targets Result Evaluation Reference

P.7

P.15

P.17

P.18

P.15

P.13

P.13

P.19

P.19

FY 2003


No result was achieved No outstanding result was achieved Achieved acceptable results Achieved positive results

(These ratings are based on self-evaluations.)


10

Establishment of Environmental Management System

Energy Saving Activities

Waste Reduction Activities

Green Procurement

Resource Saving Activities

Reduction of Environmental Pollutants

Measures taken for products

Acquire ISO 14001 certification for all factories, including two that are newly built, by the end of FY 2003 (Nichicon (Fukui) Corporation and Nichicon (Shiga) Corporation).

Reduce CO2 emissions per unit of sales by 4% compared to FY 2001 by the end of FY 2005, including two new facilities (Tomita and Omachi factories).

Fulfill zero emissions (98% recycling rate) by the end of FY 2005.

Start to establish and operate Green Procurement Guidelines in FY 2002.

Using FY 1997 as the standard, reduce use of paper by 50% by the end of FY 2005.

Completely abolish the use of HCFC (hydrochlorofluorocarbon) by the end of FY 2003.

Using FY 2001 as the standard, reduce emissions of hazardous chemicals (First Class chemical substances under the PRTR Law) by 20% by the end of FY 2005.

Lead-free (Pb-free)Establish a supply system of lead-free internal electrodes and external terminals by the end of March 2005.

PVC-lessEstablish a supply system of PVC-less products by the end of March 2005.

Category Action Plan (FY 2002-2005)

All factories shall acquire the certification.

Reduce CO2 emissions per unit of sales by 1% from previous year.

Maintain the FY 2001 results (98% recycling rate).

Reduce total waste discharge per unit of sale by 10% compared to FY 2002 by the end ofFY 2005.

Reduce total waste discharge per unit of sale by 5% (including valuable resources).

Conduct a green procurement investigation.

Using FY 1997 as the standard, reduce the usage of paper by 45% by the end of FY 2005.

Complete the total abolishment.

Reduce emissions by 5% compared to the previous year.

1) Establish a supply system of lead-free internal electrodes of film capacitors for electronic devices by the end of March 2005.

2) Switch over the standard products of small/large aluminum electrolytic capacitors to tinned terminals (in and after June 2004).

Establish a supply system of PVC-lessproducts by the end of March 2005.

Targets for FY 2004

About the review based on the performance of the previous yearCO2 emissions specified in the “Energy Saving Activities” field, showed a 14% increase in FY 2003 compared to the previous year.Each factory will continue the efforts to promote energy saving with a target of a 1% reduction against the previous year.


Nichicon conducted environmental accounting from FY 2000 for an examination of environmental protection costs and effects for the purpose of improving our environmental performance and disclosing the information.

For the following data, we summarized the results in accordance with the document, “For the Establishment of Environmental Accounting Systems (Report of 2002)” issued by Ministry of the Environment.

11

Environmental Accounting

Concept of Environmental Accounting

In the environmental accounting for FY 2003, the economic effects amounted to 377 million yen (92.6% of the previous year), while total environmental protection costs came to 1,144 million yen (83.3% of the previous year).

As an investment for environmental conservation, CFC-free washers were introduced to totally eliminate ozone-depleting substances (HCFC). Inverter equipment was also adopted for energy-saving purposes and capital investment was made for the development of environmentally friendly products.

As for the economic effects of environmental protection measures, costs were cut and value was added through the reuse of chemicals once used in the production processes.

Economic Effects of Environmental Protection Measures (Millions of Yen)

Major Effects

125

69

183

377

183

76

207

407

19

58

5

0

105

0

0

416

35

317

115

174

1

4

436

93

322

115

174

1

4

163

27

22

0

40

0

0

482

13

341

100

182

0

2

645

40

363

100

222

0

2

Environmental Protection Costs (Millions of Yen)

186 957 1,144 252 1,120 1,372

Energy savings

Resource-saving effects

Profit from sales related to waste disposal and recycling

Amounts

Main ActivitiesInvestment Cost Total Investment Cost Total

Investments and expenses necessary for the prevention of pollution

Investments and expenses necessary for execution of energy-saving plans

Investments and commission charges necessary for the appropriate disposal of wastes

Nature preservation activities at the community near to the factories and contributions to environmental organizations

Costs for the development of environmentally friendly products, substitutes for HCFC, lead-free products, etc

Expenses related to clean up soil and ground water contamination

Necessary expenses for the acquisition and maintenance of ISO 14001 certification and the costs necessary for environmental education and training

Prevention of Pollution

Energy Savings

Waste Disposal

FY 2003 FY 2002

FY 2003 FY 2002

Business Area Costs

Management Activity Costs

R&D Costs

Community Activity Costs

Repair Costs for Environmental Damage

Prevention of Pollution

Total

Total

Time PeriodApril 1, 2003 - March 31, 2004

ScopeThirteen domestic factories certifiedunder ISO 14001

The rules for the calculation Complete plant investments were included in the calculation. The aggregation of depreciation was not conducted. The effects of plant investments for up to 3 years were included in the calculation. The effects included in the calculation were limited to quantifiable outcomes based on specific criteria. No risk aversion effect (deemed effect) was adopted. The profit from the sales of recycling and money saved by reducing

energy consumption were included in the calculation as the effect that was actually obtained.



12

Environmental Load of Nichicon Corporation

The Nichicon Group quantifies and grasps the relation between our business activities and environment and effectively utilizes it in the activities for a reduction in the environmental load.

When we compare input of FY 2002 and 2003, electricity consumption increased from 597,734,000 kWh to 623,277,000 kWh (up 4.2%), crude oil from 13,008 kl to 4,227 kl (up 9.3%), and gas from 279,285 kg to 313,443 kg (up 12.2%), all of which are attributed to increase in production, showing overall

increase in energy consumption. On the other hand, chemical substances handled decreased from 2,188 t to 1,895 t (down 13.4%), paper consumption from 7,397,784 pieces to 6,572,924 pieces (down 11.1%), thus achieving a reduction of more than 10%.

As for output, with the help of the promotion of zero-emission activities, waste treated by waste disposers decreased from 1,336 t to 939 to (down 29.7%), which is a dramatic decrease.

As future issues to be addressed, “grasping the environmental load in each lifecycle” from component procurement to disposal and “grasping the environmental load in non-production facilities” have to be pointed out in addition to the currently figured-out environmental load in the

R&D and production processes. We are preparing to comprehend the present status and are committed to conduct proactive environmental management through collecting and utilizing more detailed and accurate data in total business activities.

Research and development/production

INPUT

Electricity

OUTPUT

623,227,000 kWh

Paper

6,572,924 Sheets

Water

41 t

Groundwater

7,210,000 t

Crude Oil

14,227 kl

Gas

313,443 kg

ChemicalSubstance

Under the PRTR Law

1,895 t

267,763 t-CO2

NOx (nitrogen oxide)

29 tl

SOx(sulfur oxide)

46 t 321 t

BODbiochemical

oxygen demand

18 t

CODchemical

oxygen demand

16 t

Amount of recycling

waste

939 t 65,052 t

Amount of drainage

720,000 t


Chemical Substance

Under the PRTR Law


( ) ( )

( )

( )

In each Nichicon factory, products that contribute to the protection of the environment are being manufactured with the goal of “Harmonious Coexistence with the Global Environment.”

The Nichicon Group shall add polyvinyl chloride (PVC)

less, lead-free, and sulfur hexafluoride (SF6) free products to its lineup as the “Geo” series. In addition, we are developing other environmental friendly products that can contribute to energy saving, resource saving, and disposal issues.

13

Basic Approach to Product Development

Capacitors without Lead or Polyvinyl Chloride (PVC), Geo Cap

Environmental Friendly Products

These capacitors do not contain PVC in the external materials or lead in the terminals. All aluminum electrolytic capacitors, tantalum electrolytic capacitors, and plastic film capacitors have “Geo Cap” models in their lineups.

These capacitors are compliant with RoHS Directives.

Dry-Type Power Capacitor, GeoDRY

Environmental friendly products with snap-in terminals that

do not contain PVC or lead

Lead has not been used for this product since its development (1986).

Delivery of lead-free products became possible from April 2001.

Fe

Terminal: Tin plating (lead-free)

Sleeve: PET or polyolefin(PVC-less)

Sleeve: Polyolefin (PVC-less)

Bottom Plate: Polyester (PVC-less)

Chip Type Tantalum Electrolytic Capacitor Plastic Film Capacitor

Aluminum Electrolytic Capacitor

Snap-in Terminal Type

Molded Type Resin Coated Type (Conformal Type) Lead-Free Sprayed Metal

Screw Terminal Type

GeoDRY is a dry-type power capacitor that uses nitrogen (N2) gas as a substitute for sulfur hexafluoride (SF6) gas, which was designated to prevent global warming. This product has been used as power system in facilities where protection from fire is important such as buildings, hotels, hospitals, and department stores.

This product uses lead-free solder for connection of capacitor elements and PVC-less material for protectors of terminals.

Nichicon has completed the full lineup at flameproof dry-type power capacitors from high to low voltage, which is a first in the industry.

RoHS (Restriction of the use of the Certain Hazardous Substances in Electrical and Electronic Equipment) is a directive that restricts the use of the certain chemical substances in electrical and electronic equipments sold in the EU. It demands that manufacturers abolish the heavy metals (lead, cadmium, hydrargyrum, and hexavalent) and fire retardants with bromine causing the generation of dioxin (PBB and PBDE) by July 1, 2006.

In particular, lead is often used as a material for electrodes. The Group was among the first to take environmental conscious measures against lead. It regards the product with lead-free electrodes as the Group's standard and promotes the switchover to the lead-free products.

We have also already completed the switch to PVC using lead as a stabilizer into PET (polyethylene terephthalate).

Correspondence to RoHS

ConductiveAdhesive Agent

Anode Element

Welding

Anode Tantalum LeadEpoxy Resin

Cathode Frame(Sn plating)

Anode Frame(Sn plating)

MetalPlated Layer

Anode ElementEpoxy ResinSilver

Electrode

SilverElectrode

Cathode Electrode

(Sn/Cu soldering)

Anode Tantalum Lead

Anode Electrode (Sn/Cu soldering)Metal Plated Layer

Terminal ElectrodeSn Plating

(lead-free)

Lead-FreeSprayed Metal

Sn/Zn Alloyed Metal

Sn Plating

Cu Plating

Elimination of the use of lead from wires and terminal plating

Cu PlatingLead Wire

Cu Plating

Lead WireCu Plating

Sn Plating

Sn Plating

Lead-Free Metalization SpraySn/Zn Alloyed Metal

Cu Plating


Fe

Fe


14

High harmonic/low loss serial reactor

Products Contributing to Reduction of Environmental Load

In Jun 2004, Nichicon succeeded in developing a “high harmonic/low loss serial reactor.” A serial reactor is equipment connected in series to a capacitor and used to improve strain of voltage waveform and to control electric current. It has a problem that iron loss (fixed loss occurring in the iron core of the transformer when receiving electricity) increases when a high harmonic wave flows into it. This product reduces the iron loss by half when high harmonic waves flow in and reduces equivalent CO2 emissions when electricity is generated by 36% compared to conventional products.

Although the equipment needed to be upsized to reduce iron loss in the past, this product is almost the same in size as the conventional one. It also reduces the volume of raw materials used.

Environmental friendly audio aluminum electrolytic capacitors

Halogen free tantalum electrolytic capacitorsQuality and functions of mobile devices including mobile phones and portable CD/MD are rapidly improving and new models are frequently introduced. The cycle of replacement is becoming shorter and shorter and concerns are rising that air and water would be polluted by increased wasted products and illegal dumping.

Nichicon realized lead-free electrode materials for electrolytic capacitors ahead of competitors from the viewpoint of global environmental conservation. We also adopt resin that does not include halogen fire retardant, which may cause dioxin generation, and antimony compound, containing possibility of water pollution, for exterior material to promote environmental friendly products.

Recently, the flat panel digital television market has attracted attention. The image on a large screen adds a sense of realism and people can enjoy it at home now. What enhanced realism was not only the large screen and high definition but also high sound quality. On the other hand, lead-free components, which are friendly to the global environment, are required.

To realize environmental friendly aluminum electrolytic capacitors, a switchover to lead-free terminals and PET sleeve was promoted. Electric properties of the capacitors do not change by introducing such environmental friendly components compared with the conventional products, but the unfavorable influence affects sound quality. Aluminum electrolytic capacitors that can reconcile sound quality and environmental consciousness have been requested.

Nichicon tackled this formidable challenge and developed an environmental friendly aluminum electrolytic capacitor for audio equipment by optimizing materials and selecting environmental friendly materials that would realize high sound quality. We are not satisfied only with environmental consciousness but also pursue the realization of improved sound space, achieveing sound quality with a sense of realism, and balance between the soundscape and speed expressing tension.


15

Prevention of Global Warming

Energy-Saving Approach in the Manufacturing Process

Total elimination of ozone depleting substanceThe Group achieved total elimination of specified CFCs, or ozone depleting substances, in 1991 and 1,1,1 trichloroethane in 1994.

We set total elimination of hydrochlorofluorocarbon (HCFC), CFC’s substitute, as target in the Action Plan for Environmental Protection in 1997 and achieved elimination in FY 2003.

Aluminum electrolytic foil production line

To prevent global warming, the Nichicon Group exercises energy-saving initiatives as the group’s common objective. Concrete activities include controlling room temperature at an appropriate level and halting unnecessary lighting and devices, and all employees continuously participate in it. Through these efforts, we believe that they will be conscious of energy saving and prevention of global warming through these activities, and such initiatives will be expanded from within the group to the local communities.

Production facilities examine a variety of energy-saving measures through an energy-saving committee, execute improvement activities, thoroughly endeavor to improve production efficiency and focus on the reduction of electricity consumption. While the target for FY 2003 was a 1% improvement from the previous year per unit of sales, the actual result was a 14% increase in the total of all factories. As for CO2 emissions, the total emission of the facilities excluding the aluminum electrolytic foil factory showed 3% reduction but 6% increase per unit of sales, which means failure in

achieving the target.Since the establishment of the aluminum electrolytic foil

factory in 1999, electricity consumption in the electrolytic foil formation process in the Nichicon Group demonstrates an upward trend because of the expansion of facilities due to the increased production and the increased demand of high-pressure aluminum electrolytic capacitors. For this reason, the electricity consumption of the Group has shown a drastic increase to approximately 450% of the FY 1998, when the factory has not been completed. Under the circumstances, each production facility is endeavoring to reduce the electricity consumption through minimizing energy loss by thorough production control.

8.35

1995

8.8

1996

9.01

1997

9.35

1998

8.95

1999

8.26

2000

6.84

2001

7.21

2002

6.04

2003

Usage of HCFC

10

8

6

4

2

0

(t/Year)

CO2 emission (11 factories excluding new foil factories)

300,000

250,000

100,000

50,000

01992

150,000

200,000

1993 1994 1995 1996 1997 1998 1999 2000 2001

59,545 59,817 62,956 65,605 61,824 65,735 69,282 77,532 87,319 70,382

2002

89,303

2003

86,83786,837

(t-CO2)

300

250

100

50

0

150

200

(t-CO2/100 million yen)

300,000

250,000

100,000

50,000

01992

150,000

200,000

1993 1994 1995 1996 1997 1998 1999 2000 2001

59,545 59,817 62,956 65,605 61,824 65,735 69,282121,617

203,255217,179

2002

264,592

2003

277,763277,763

(t-CO2)

300

250

100

50

0

150

200

(t-CO2/100 million yen)

CO2 emission (13 factories including new foil factories)CO2 emission Per unit of sales

CO2 emission Per unit of sales

83.00 82.53 80.11 77.6865.53 62.15 67.18

114.47

167.70205.08

240.67 275.56

83.00 82.53 80.11 77.68 65.53 62.15 67.18 72.97 72.04 66.4681.18 86.15

Type of energy consumed(13 factories including foil factories)

2003

2002

1992 Electricity78.78%

LPG 0.67%

Electricity92.06%

Electricity91.59%

Crude oil 20.55%

LPG 0.22%

LPG 0.67%

Crude oil 7.72%

Crude oil 8.18%

completely abolished



16

86,837

277,763

Introduction of case examples

Nagano Factory introduced a power monitoring and air conditioning system in April 2004. The system provides cyclic control where each of air conditioners is switched to the air blow mode for three minutes by rotation. As three minutes are short enough not to have people realize the change of sensible temperature, electricity consumption is reduced without being noticed. For the day off when the heat load is small, the set temperature is automatically adjusted and the system is operated.

Introduction of a power monitoring and air conditioning system (Nagano Factory)

Nichicon Asahi installed a wind power generator in December 2003. Rated power generation capacity is 760 W at 12 m/sec of wind speed. The battery capacity is 24 V 50 Ah, and it accommodates electricity required for the interior lighting of 100 W in the janitor’s room.

In February 2004, it introduced a co-generation system, which is an energy-saving system to effectively utilize exhaust heat from the power generation process for purposes of air-conditioning, hot water supply, and steam generation. The output of the generator is 1,995 kW and recollects heat exhausts of 200 kW.

Reduction of electricity consumption by the introduction of the system showed 15,000 kWh per month and 180,000 kWh per year, reducing 1,814 tons of CO2 emission (33% decrease).

Installation of a wind power generator andintroduction of a co-generation system(Nichicon Asahi)

Nichicon Tantalum conducted the following five activities for energy saving in FY 2003.

1. Painting roofThe terra-cotta color roof was repainted in silver with high heat reflectivity, which reduced air-conditioning cost in summer by 1.5%.

2. Heat exhausted outdoorsExhaust air ducts are placed to three reflow furnaces in the factory to exhaust hot air to outdoors. This prevented rise in room temperature and reduced the usage opportunities for air-conditioning.

3. Heat insulation of exhaust air ductHeat insulation covers are placed on two cure/dry ovens and the exhaust air ducts of four silver hardening ovens. The temperature of the ducts was over 100 degrees C before taking measures but reduced to 35 to 37 degrees C.

4. Installing heat insulating curtainsPlastic curtains were hung at the head of ovens. It prevents increase in room temperature and retains warmth of the ovens.

5. Coating windowpanes with heat insulating films38 heat insulating films were paste on windowpanes on the south side of the factory. It prevents increasing in room temperature.

Conducting five energy saving activities(Nichicon Tantalum Corporation)

Wind power generator Co-generation system

Before painting After painting

Before pasting exhaust air duct After pasting exhaust air duct

The controller monitors the on/off control of the air conditioners, temperature data and electricity consumption.

The PC displays and aggregates data sent from controller.

Installing heat insulating curtains

Before pasting heat insulation ofexhaust air duct

After pasting heat insulation ofexhaust air duct

Before pasting heat insulating films After pasting heat insulating films


The Nichicon Group endeavors to promote reduction and recycling of wastes, aiming at a recycling economic society.

Although the original target was the achievement of zero emissions by the end of FY 2005, the target has been achieved every year since FY 2002. We will continue to control the reduction and recycling hereafter.

The Group defines zero emission as “recycling 98% of total waste generated.”

17

Effective utilization of resources

Approaches to Waste Reduction and Recycling

Proper management of wastes

Nichicon Group’s definition and calculation method of zero emission

Recycling rate =

Breakdown of waste generated (FY 2003) Breakdown of waste treated by waste disposers (FY 2003)

100

80

60

40

0

20

100,000

80,000

60,000

40,000

0

20,000

32,616

1994

4,09931,110

1995

2,329

34,297

1996

2,429

1997

2,375

1998

2,331

48,457

1999

2,648

2000

3,580

52,048

2001

2,634

65,727

2002

1,336

65,991

2003

939

(t) (%)

28,517 28,78931,672 32,368 33,963

44,439

53,13453,134

64,391 65,052

58,096

35,641 37,048

87.492.5 92.3 90.8 91.7 92.1 91.5

98.0 98.694.5

65,991t939t

Total waste emission volume of recycled waste, waste treated by waste disposers, recycling rate.Total waste emission Volume of recycled waste Waste treated by waste disposers Recycling rate

Waste Acid79%

Sludge9%

Waste Oil25%Waste Plastic

39%

Sludge 15%

Waste Oil 1%

Waste Paper 1% Waste Plastic 1%

Scrap MetalWaste OilOther 2%

Waste ceramic 2%

“Total waste emission” is the “total weight of all wastes” generated by the company, and “waste treated by waste disposers” is the weight of wastes for which intermediate treatment and final disposal was outsourced to outside contractors. The “waste treated by waste disposers” does not include the wastes passed to the outside contractors for recycling.

Volume of Recycled Waste65,052t

Total Treatment479t

Sludge Flocculants,Collection of metals(Nickels)Wastec Plastics

Wastec Plastics Fuel, Cement MaterialWaste Oil Combustion improver, RecycleMetel Recycled Metal (Aluminum, Tantalum)

Amount of Waste, Valuable items65,991t

Direct Recycle63,567t

Final Disposal74t

Intermediate Treatmenton Commission

2,350t

RecyclingItems

Auditing industrial waste treatment contractor

Recycle after Intermediate Treatment

1,485t

Final Disposal afterIntermediate Treatment

405t

volume of recycled wastetotal waste emission


Waste Paper23%

The waste treatment process is a very big responsibility of the company in discharging waste. The Group endeavors to provide proper waste control to prevent illegal dumping and contamination. When we outsource the waste treatment, we have to conduct a pre-audit of the outsourcing contractor and regular audit even after the treatment is outsourced to evaluate the status of treatment.

In our day-to-day administration, we regularly make the rounds of waste yard for checking and provide thorough management with the industrial waste manifest to properly control such wastes.

18

Nichicon Group has been working on “Paper Reduction Activities,”aiming to reduce the use of paper by 50% by the end of FY 2005 compared to 1997.

In FY 2003, we achieved 44.2% reduction against the target of 40% reduction compared to FY 1997. We have already started new efforts to achieve 50% reduction by the end ofFY 2005.

Paper Reduction Activities

Purchased AmountPurchasing PlanVolume of paper consumption

120,000

100,000

80,000

60,000

40,000

0

20,000

(thousands of sheets)

1997 1998

10,606

1999

10,017

8,345

2000 2001

8,839

2002 2003 2004

6,482

2005

5,892

7,555

9,4289,571

11,070

Introduction of case examples

Nichicon Tantalum implemented four waste reduction efforts in FY 2003.

The first effort is drying sludge. Sludge is dried in the sun and moisture content is reduced by approximately 30% (from 80-90 to 60-63%). This reduces waste by approximately 30 tons per year.

The third is to reuse product containers. By liaising with part of customers, the external containers are reused to reduce waste generated at the customer side.

The fourth is to reduce volume of waste plastic. By compressing the waste plastic with pressing machines or shredding to dispose it, the volume of the waste is reduced by 45%. We succeeded in reducing 200 m3 a year in total

The second effort is to reuse packaging materials. The external package of tantalum powder is changed from cardboard to a can that can be reused.

Drying sludge, reusing product containers, reusing packaging materials and volume reduction ofwaste plastic (Nichicon Tantalum Corporation)

Sludge yard Sludge container

Before drying Drying

Past

Before volume reduction After volume reduction

Now



8,2497,398 7,0716,573

11,785

Based on the PRTR law (Law Concerning Reporting, etc., of Release of Specific Chemical Substances to the Environment and Promotion of the Improvement of Their Management), the Nichicon Group grasps the volume handled, released, and transferred of the targeted chemical substances and reports it to the government, while trying to reduce released volume (to environment including air, water and soil) of hazardous chemical substances (PRTR Class I designated chemical

substances). In FY 2003, the volume handled was reduced by 293.16 t,

volume released by 2.92 t and volume transferred by 26.15 t.The FY 2003 PRTR investigation report included 21

substances handled and 11 substances for registration out of a total of 354 PRTR targeted substances, and the report to the government was completed before June 30.

19

Proper management of chemical substances, reduction of release and green procurement

Reducing and managing release and transfer of chemical substances

Nichicon has established voluntary emission standards for the prevention of air and water pollution, which are stricter than the standards stipulated by current laws and regulations. Based on our environmental management system, we are maintaining strict control of chemical agents and making significant efforts to prevent pollution.

Prevention of Air and Water Pollution

In July 1998, the Electronic Industries Association of Japan (current: JEITA) and the Japan Electrical Manufacturers’ Association (JEMA) asked Nichicon to investigate and report on the state of ground water pollution from organochlorine compounds.

We conducted investigations into the use of these compounds in all factories and found one factory had been the source of ground water pollution. We reported this fact to the local authorities in September 1998.

Then, in March 1999, following guidance from the local authority concerned, we began purifying the ground water, with the goal of recovering the normal state as early as possible.

Report on the Protection of Soil and Ground Water

NONE

25068-38-6

107-21-1

NONE

NONE

108-05-4

NONE

108-88-3

NONE

7440-02-0

NONE

NONE

NONE

PRTR investigation results (domestic investigation in FY 2003)

Substances

Number specified in

Cabinet Order

CAS No.

3.11

13.14

1,665.67

8.37

3.97

2.25

6.04

6.64

23.28

17.50

0.82

138.39

5.09

0.90

Amount ofusage (t)

0.00

0.00

0.00

5.96

0.00

0.07

4.65

4.90

0.00

0.00

0.00

0.11

0.00

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

24.43

0.00

0.00

Amount discharged

into air

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Amount discharged into water

Amount discharged

into soil

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Landfill

0.00

0.00

0.00

5.96

0.00

0.07

4.65

4.90

0.00

0.00

0.00

24.54

0.00

0.01

Totalemission

Others(Waste)

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Amounttransferredinto sewer

2.10

10.97

256.93

2.28

0.03

0.04

1.39

0.29

0.55

0.00

0.74

3.33

2.54

0.22

2.10

10.97

256.93

2.28

0.03

0.04

1.39

0.29

0.55

0.00

0.74

3.33

2.54

0.22

Totaltransfer

25

30

43

63

64

102

144

227

230

231

232

304

311

Amount of emissions Amount of transference

1,895.17 15.692003 24.43 0.00 0.00 40.13 0.00 281.43 281.43

2,188.33 18.632002 24.43 0.00 0.00 43.05 0.00 307.58 307.58

1,819.05 15.362001 67.41 0.00 0.00 82.77 0.00 230.97 230.97

Antimony and its compounds

Polymer of 4,4’- isopropylidenediphenol and 1-chloro- 2,3- epoxypropane (liquid)

Ethylene glycol

Xylene

Silver and its water- soluble compounds

Vinyl acetate

Dichloropentafluoropropane

Toluene

Lead and its compounds

Nickel

Nickel compounds

Boron and its compounds

Manganese and its compounds

8 Others


20

In each factory, in addition to analyzing and registering potentially hazardous factors through the environmental impact assessment and assuming the possibility of leakage of oil and chemical substances, we regularly conduct emergency drills to develop appropriate responses in the event of an emergency. Also, emergency control tools are installed in all necessary locations in order to prevent leakage from factories in case of an emergency.

Training for an EmergencyThe Group agrees with the philosophy of Japan Green Procurement Survey Standardization Initiative (JGPSSI) and executes its green procurement survey based on the JGPSSI’s guideline. We are also complying with the RoHS Directive enforced in the EU in July 2006. The requirements for chemical substances included in the products are so severe that it is impossible for a single company to satisfy it. We are aware it is important that the total supply chain tackles it. The Group is committed to provide environmentally friendly products by meeting requirements from end product manufacturers or our customers and strengthening liaison with suppliers as one of parts manufacturers that constitute the supply chain. For green procurement, we face a number of issues including reviewing the green procurement guidelines. We will surely solve and implement them one by one.

As for the procurement of office supplies, we have already completed the switchover of consumables to green products according to the Green Procurement Law enforced in April 2001.

Green Procurement

Boiler abnormal combustion test

Hydrochlori acid leak test



21

To fulfill corporate social responsibility as a constituent of society

Codes of Conduct

Nichicon Group instituted the “Nichicon Group Codes of Conduct” on October 1, 2002 so that every employee, both nationally and internationally, recognizes their social responsibility and takes the appropriate action in every corporate activity in compliance with laws and social ethics. We prepared booklets of the codes of conduct in three languages and all directors, executive officers, and employees have them. To ensure compliance with the codes, employees read aloud them at morning meetings in all offices and factories.

Message from CSR Director

Recently, not a small number of business scandals were reported and corporate social responsibility (CSR) has become an essential issue that any company cannot avoid. It is not too much to say that reviewing corporate ethics and institutionalizing and systematizing risk management, corporate governance, compliance, environmental conservation activities and social contribution are now obligation imposed on companies.

It was October 2002 when the Nichicon Group first addressed CSR. At that time, we sorted out compliance and ban on antisocial behaviors and instituted the Nichicon Group Codes of Conduct. In June 2003, CSR Room was established as a function dedicated to comprehensively organize environmental conservation activities, operation of environmental management system as well as compliance, social contribution, risk management and corporate governance.

This is to fulfill corporate social responsibility for all stakeholders including shareholders, customers, suppliers, employees, investors, financial institutes, and local communities. The Nichicon Group believes that these activities will be resulted in even strengthened competitiveness, sustainable and sound development, and improved corporate value.

The activities originally started back in December 1997, when the Nichicon Group’s Environmental Charter was instituted. The Charter defines that all employees shall recognize environmental conservation as one of the important pillars of our business activities and make efforts for total elimination of regulated chemicals, resource saving, energy saving, and zero emission in each division of technology development, product development and production. Although the concept of CSR was not pervading in Japan in those days, the Charter proclaimed such principles

as environmental conservation, contribution to local communities and compliance of laws and regulations, and thus was very progressive.

Based on this Charter, the Group has produced a wide variety of results in the environmental conservation field. One example was that we gave up the use of PVC (polyvinyl chloride), which may generate dioxin when incinerated as an insulation tube in aluminum electrolytic capacitors. In addition, tantalum electrolytic capacitors and film capacitors have become totally lead-free. From 2004, we are promoting switchover of the resin exterior used on the tantalum electrolytic capacitors to the one that does not include bromine fire retardant.

From here on, requirements for CRS by society will be severer and severer. When we look into the environmental issues, European Union (EU) has already enforced the EU Directive on the Restriction of the Use of Certain Hazardous Substances in Electrical and Electronic Equipment (RoHS) and the End of Life Vehicle Directive (ELV) that bans the use of hazardous substances in motor vehicles, while EU Directive on Waste Electrical and Electronic Equipment (WEEE) will soon come into effect to obligate recycling of electric and electronic devices. As for compliance, indispensably required is compliance with laws and regulations of the nations and regions where Nichicon Group develops its business. Challenges we should tackle to fulfill CSR, including risk management and enhanced contribution to society, are too many to enumerate. The total Nichicon Group is committed to make efforts to demonstrate further improved CSR.

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Nichicon Group Codes of Conduct (extracted)

General ProvisionsBasic StanceResponsibility to Comply with This Code of Conduct

Relations with Customers, Suppliers, Other Business Associates and CompetitorsProvision of Products and ServicesCommitment to Fair, Transparent Corporate ActivitiesPolicies Regarding Dealing with Suppliers and Cooperating PartiesPolicies Regarding Dealing with Distributors and Other Business InterestsPolicies Regarding Entertainment and GiftsAdherence to Rules and Regulations Regarding Import and ExportPolicies Regarding Publicity and Advertising

Relations with Shareholders and InvestorsTransmission of Corporate Information

Prohibition of Insider Trading

Management of Company Assets and InformationConflict of Interest and Distinction between Business and Personal AffairesHandling of Confidential InformationProtection of Intellectual Property Rights

Relations with SocietyEnvironmental ProtectionContributionsPolitical FundsProhibition of Involvement in Antisocial Actions

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CSR DirectorSachihiko Araki

From leftNichicon Group Codes of ConductJapanese, English, and Chinese versions



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To exercise responsibility as a manufacture

Response to Quality Complaints

Nichicon established a system for responding to complaints. Under the system, we understand the information correctly; respond to customers with quick, fair, and proper treatment;

feed the information back to the manufacturing process; and prevent a recurrence.

Quality Policy

In order to provide products with higher quality and performance, the Nichicon Group not only carries out thorough quality control, but also uniquely establishes a production management system for “no defects” to specifically ascertain when, where, and what products were manufactured under what conditions.

All factories at home and abroad have acquired ISO 9000 series certification. Five domestic factories have obtained ISO/TS 16949, an international standard in the automobile industry, and one overseas factory has QS-9000, quality assurance standards defined by the U.S.’s three giant automobile manufacturers.

List of Nichicon Group Factories That Received ISO 9000 Series Certification

Response to the Claims System

OHNO FACTORY


NAGANO FACTORY



POWER SUPPLY DIVISION


NICHICON (KAMEOKA) CORPORATION

NICHICON (KUSATSU) CORPORATION

NICHICON (MALAYSIA) SDN. BHD.

HOTAKA FACTORY

OHMACHI FACTORY

TOMITA FACTORY

NICHICON (FUKUI) CORPORATION

NICHICON ELECTRONICS (WUXI) CO., LTD.

JMI

JMI

JMI

JMI

JMI

JMI

JMI

JQA

JQA

SIRIM

JQA

JQA

JQA

JQA

WIT

Sep. 1991

Feb. 1992

Dec. 1992

Mar. 1993

Apr. 1993

Jun. 1993

Jul. 1993

Oct. 1993

Nov. 1993

Dec. 1993

Sep. 2000

Sep. 2000

Nov. 2000

Aug. 2002

Jun. 2003

JMI-0007

JMI-0029

JMI-0089

JMI-0153

JMI-0164

JMI-0229

JMI-0248

JQA-0297

JQA-0315

AR 1738

JQA-QM5330

JQA-QM5330

JQA-QM5481

JQA-QM8641

15/03Q0572R00

Group Certification

List of Factories that Received ISO/TS 16949

Customer

Transmit the claim

Answer the claim

RetailerDistributor

Sales Office

Headquarters Quality Assurance Department

(Sales Headquarters)

Communication sheetfor complaints

Communication sheetfor complaintsAnswer sheet for complaints

(report of action and treatment)

Answer sheet for complaints

Executive officers in the factory

CountermeasuresMeeting for

actions

Communication sheet for actionsAudit of action and actual status

Report of actionand actual status

Quality Control Dept. as a bureau

Technology Dept.

Related Depts.

Investigation into causes through each process

ManufacturingDept.

Factory· Business Administration Dept.· Quality Control Dept.


RegistrationExamination

and Registration Body


NAGANO FACTORY


OHNO FACTORY



JQA

JQA

JQA

JQA

JQA

Jan. 2004

Mar. 2004

Apr. 2004

May 2004

Jun. 2004

JQA-AU0013

JQA-AU0018

JQA-AU0031

JQA-AU0037

JQA-AU0043





List of Factories That Received QS-9000 Certification

NICHICON (MALAYSIA) SDN. BHD. SIRIMJul. 1999 AR 1738





POWER SUPPLY DIVISION


NAGANO FACTORY

OHNO FACTORY



NICHICON (KUSATSU) CORPORATION

JMI

JMI

JQA

Aug. 1993

Aug. 1993

Nov. 1993

JMI-0002G

JMI-0003G

JQA-0004G








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To exercise responsibility as a manufacture

Product Safety Policy

The Nichicon Group declares the product safety policy as “based on earth-friendly, human-friendly, and product-friendly production with safety first.” Each department of

technology, sales, and management established the following policies in order to exercise their responsibility as a manufacturer.

Procurement and Production Departments

ProcurementPurchase proper materials and parts for products to ensure safety.

Understand that defective parts will not generate safe products even if the design is good.

Clearly convey the requirements on parts and materials to suppliers.

Close a deal about quality and safety with suppliers to enhance awareness of product safety management.

AcceptanceExecute the acceptance inspection according to the procedure manual.

Immediately provide feedback if there are defective parts or materials.

Fill out every product safety item on the check sheet.

In a particular case, clear the procedure and judgment standard.

In inspection of important safety parts, make sure that the test is advisable.

As for parts and materials, understand how they are applied and used in the final products.

ProductionReport all problems or questions during the process or testing.

Fill out check items regarding product safety in the QC procedural flowchart and work operations standard form.

Be sure to evaluate measuring instruments and overhaul tools and equipment for production.

DeliveryNever fail to fill out product safety items for the final product in the checklist.

Be sure to distinguish disqualified products to prevent them from being mixed with products passing inspection.

Confirm that there is no burrs or sharp edges that may injure someone.

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Technology Department: Research, Development, and Design

Sales Department

Administration Department

In order to clarify and eliminate all risks and imperfections assuming every possibility of unexpected use by the customer and every process from production to waste: a. Design to ensure safety in case of failure.b. Design to ensure safety in case of misuse.c. Design to prevent misrepresentations.

In order to make customers aware of the functions of products for safe use, publish an instruction manual that is:a. Easy to understand.b. Clear with the effects on products and customers if warnings and notes are ignored.

Comprehend laws, standards, and specifications about safety not only in Japan but also overseas and reflect them in the design.

Select important safety components with high safety and reliability.

Evaluate the safety of prototypes and trial products for commercial production.

Investigate the safety of products from competitors for future reference.

Reflect complaints and demands from customers in the design.

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Check compliance with laws, regulations, and standards regarding PL.

Deal with product-liability cases and manage the related documentation and product-liability insurance.

For waste of products, investigate the effects on the environment and provide suggestions for improvement as appropriate.

Provide education about product safety.

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Acquire correct knowledge about products and provide information for customers.

Avoid expressions in advertisement providing a sense of security greater than necessary.

In case there are problems with product safety, report it and move quickly.

Understand customer issues and acquire knowledge of PL (product liability) to deal with customers.

Explain the correct usage for the safety of customers.

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Quality Assurance Department

Conduct internal inspections of the product safety management system.

Analyze complaints from customers and provide feedback on the problems.

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Training for Employees

Workplace and Job Satisfaction

Training in foreign languages Textbook about technology

For new employees, who are not used to their workplaces, information is provided to better understand the company and their jobs. Introductory technical textbooks about the products and technology (Introduction & Advanced edition) are also provided. Training for new employees includes orientation, practical training, and OJT to gain the skills and knowledge necessary to accomplish their tasks within the company.

In addition, each office and workplace has unique educational courses, including opportunities for studying

foreign languages and 238 correspondence courses to improve abilities through independent study.

Safe and Better Working Environment

Occupational Safety and Health

For occupational accident prevention, the Nichicon Group not only meets the minimum standards established by the Industrial Safety and Health Law, but also aims for a

“comfortable work environment” with the keywords “safety” and “comfortableness” to positively achieve ideal working conditions.

Education for Safety and Health

In each factory of the Nichicon Group, education for safety and health is provided to improve employees’ understanding of the issues. In education for new employees, especially, safety procedures for each job are disseminated with the slogan “Safety First.”

Lectures by an industrial physician regarding mental health, which has attracted attention recently, have also been held.

Normal Lifesaving Training

Within the Nichicon (Kameoka) Corporation, several members participate in normal lifesaving training to learn such skills every year.

Well-established Company Benefits

The Nichicon Group enhances company benefit programs so that employees may work comfortably.

Dormitories are available for single employees who cannot commute to the office from their home, and there are recreation facilities nationwide. A Shareholding system and a savings asset building system are also provided.

Reward System

Nichicon Group has had an award system since 1965. The President’s Award and the Office/Factory Executive’s Award are presented each year to employees who have made outstanding achievements within the company. In 2003, 45 employees were honored.

Occupational Accident Occurrence (Persons)

Articles FY 1999 FY 2000 FY 2001 FY 2002 FY 2003

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0

4

0.551

0.014

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5

0.648

0.016

16

0

4

0.565

0.038

12

0

1

0.141

0.038

14

0

3

0.490

0.004Frequency Rate(The number of accidents causing an inability to work per 1 million working hours)

1999

(%)

0.551

2000

0.648

2001

0.565

2002

0.141

2003

0.490

1.020 1.020 0.970 0.980 0.980

1.800 1.820 1.790 1.770 1.780

Nichicon All industries Manufacturing industry

Nichicon All industries Manufacturing industry

Severity Rate (Work-days lost per 1,000 working hours)

1999

2.0

1.0

1.5

0

0.5

0.2

0.1

0.15

0

0.05

(%)

0.014

2000

0.016

2001

0.038

2002

0.006

2003

0.004

0.120

0.1200.100

0.120 0.1200.140

0.180

0.130 0.120

0.110

Activities for safety and health in factories

SC (Safety Check) patrol Check by patrolwoman Cross-check between factories Check for use of seat belts by car commuters Working environment measurement

Number

Total

Deaths

Unable

Frequency Rate

Severity Rate


http://www.nichicon.co.jp/eco/index.html


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Communications on the Environment and Social Contributions

Publication of Environmental Report andIts Release on the Web

Nichicon began to publish the Environmental Report in September 2001. We published the third volume this year. In 2003, 2,000 copies in Japanese and 1,000 in English were published to introduce our activities. We also announced our approach to the environment with the Environmental Report on the web.

Contribution to the Community and Green Activities

The Nichicon Group has been actively involved in a number of volunteer activities; many factory members contribute to their local communities.

Exhibition

The Nichicon Group presented environmental action in technical fields at the TECHNO-FRONTIER, an exhibition for switching power supplies; Japan Electrical Construction Equipment and Materials Fair, an exhibition of electric equipment, materials, and tools; and CEATEC JAPAN, an international exhibition of electronics appliances and parts to introduce new products and technology.

CEATEC JAPAN 2002(Makuhari Messe)

TECHNO-FRONTIER 2003Power Systems Fair (Makuhari Messe)

Twelve employees participated in the cleaning initiative around the factory. on the shore of Lake Biwa in Kusatsu city as in the last year.


In October 2003, “Months of Forest, River and Sea” was defined in the municipal ordinance regarding conservation and creation of forest, river and sea in Iwate prefecture. During the four months from July 7 to August 7, we participated in the activities to conserve affluent water and green.

Ohno Factory


Nichicon Tantalum CorporationAs in the last year, 142 employees got together to replant trees on the flowerbeds collaboratively maintained and controlled by the local government, companies, and residents on both sides of the road in front of the factory gate. The employees also participated in the cleaning campaign from Kameoka Station to the riverbed of Hozu River and the cleaning initiative at the time of the fireworks event of Kameoka Peace Festival.

Nichicon (Kameoka) CorporationFifty-eight employees participated in the cleaning activities in four sites around the factory, collecting empty cans, PET bottles, and litters.

Nichicon (Fukui) CorporationTwo hundred employees participated in the “Adogawa Flower Campaign” hosted by Adogawa town and sowed seeds, pulled weeds, and watered the plants in the specified area along the “Green Belt” of Route 161. A total of 360 employees also participated in the “Freshwater Eco-Foster Program” hosted by Shiga Prefecture, cleaning and collecting litter along the prefectural roads within a 500-meter radius of the company.

One hundred ten employees participated in the volunteer cleaning activity in spring, collecting empty cans and cigarette butts along the sidewalk and gutters of the national, prefectural, and municipal roads around the factory.

Nichicon (KUSATSU) CorporationTwo hundred employees participated in the “Day of Lake Biwa” cleaning activities in the park on the shore of Lake Biwa in Kusatsu city as in the last year.


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List of Nichicon Group Offices That Received ISO 14001 Certification

Domestic Consolidated Subsidiaries

NICHICON (KUSATSU) CORPORATION3-1, Yagura 2-chome, Kusatsu-shi, Shiga Pref., 525-0053 Japan.TEL.81-77-563-1181 FAX.81-77-563-1208Capital stock : 80 million yenProduct line : Capacitors for electric apparatus and power utilities, Capacitor-applied system and equipmentISO9001 certifiedKUSATSU FACTORY was spun off as of October 1st, 2003 and started as a NICHICON (KUSATSU) CORPORATION.

NICHICON (KAMEOKA) CORPORATION15-1, 2-chome, Kitakose-cho, Kameoka-shi, Kyoto Pref., 621-0811 Japan.TEL.81-771-22-5541 FAX.81-771-29-2010Capital Stock : 80 million yenProduct line : Hybrid ICs, Circuit modules, Positive thermistors “Posi-R”ISO9001 certified

NICHICON TANTALUM CORPORATION690-2, Miosato, Adogawa-cho, Takashima-gun, Shiga Pref., 520-1215 Japan.TEL.81-740-32-1250 FAX.81-740-32-1504Capital Stock : 316 million yenProduct line : Tantalum electrolytic capacitorsISO9001 & ISO/TS16949 certified

NICHICON (ASAHI) CORPORATION120 Matoba, Hirasawa, Shiwa-cho, Shiwa-gun, Iwate Pref., 028-3308 Japan.TEL.81-19-676-4511 FAX.81-19-676-6710Capital Stock : 100 million yenProduct line : Aluminum electrolytic capacitors (Miniature-sized type)ISO9001 & ISO/TS16949 certified

NICHICON (IWATE) CORPORATION8-17-1, Kubo, Iwate-cho Iwate-gun, Iwate Pref., 028-4305 Japan.TEL.81-195-62-5311 FAX.81-195-62-3400Capital Stock : 100 million yenProduct line : Aluminum electrolytic capacitors (Chip type)ISO9001 & ISO/TS16949 certified

NICHICON (WAKASA) CORPORATION35-1-1 Tada, Obama-shi, Fukui Pref., 917-0026 Japan.TEL.81-770-56-2111 FAX.81-770-56-2116Capital Stock : 84 million yenProduct line : Switching power suppliesISO9001 certified

NICHICON (FUKUI) CORPORATIONNichicon Technology Center, 4 Tsuchifugo, Ohno-shi, Fukui Pref., 912-0805 Japan.TEL.81-779-65-8800 FAX.81-779-65-8801Capital Stock : 100 million yenProduct line : Tantalum electrolytic capacitorsISO9001 certified

NICHICON (SHIGA) CORPORATION3-1, Yagura 2-chome, Kusatsu-shi, Shiga Pref., 525-0053 Japan.TEL.81-77-563-1181 FAX.81-77-563-1208Capital Stock : 50 million yenProduct line : Tantalum electrolytic capacitors


NAGANO FACTORY4085 Toyoshina, Toyoshina-cho, Minamiazumi-gun, Nagano Pref., 399-8205 Japan.TEL.81-263-72-2830 FAX.81-263-72-7140Product line : Aluminum electrolytic capacitors (Large can type)ISO 9001 & ISO/TS16949 certified

HOTAKA FACTORY1284-2, Kitahotaka Hotaka-cho, Minamiazumi-gun, Nagano Pref., 399-8302 Japan.TEL.81-263-82-2510 FAX.81-263-82-7536Product line : Electrode foil for aluminum electrolytic capacitorsISO9001 certified

OHMACHI FACTORYYashiro, Ohmachi, Nagano Pref., 398-0003 Japan.TEL.81-261-21-3200 FAX.81-261-21-3206Product line : Electrode foils for aluminum electrolytic capacitorsISO 9001 certified

OHNO FACTORY1-11-2 Shimoyoro, Ohno-shi, Fukui Pref., 912-0095 Japan.TEL.81-779-66-0333 FAX.81-779-66-0312Product line : Aluminum electrolytic capacitors (Miniature-sized type)ISO 9001 & ISO/TS16949 certified

TOMITA FACTORYNichicon Technology Center, 4 Tsuchifugo, Ohno-shi, Fukui Pref., 912-0805 Japan.TEL.81-779-65-8000 FAX.81-779-65-8911Product line : Electrode foils for aluminum electrolytic capacitorsISO 9001 & ISO14001certified


NICHICON (MALAYSIA) SDN. BHD.No.4 Jalan P/10, Kawasan Perusahaan Bangi, 43650 Bandar Baru Bangi, Selangor Darul Ehsan, Malaysia TEL.60-3-89250678 FAX.60-3-89250858Capital Stock : 63 million M$Business line : Production & sales of aluminum electrolytic capacitors (Chip, Miniature-sized and large can type)ISO9002 & QS-9000 certified

NICHICON ELECTRONICS (WUXI) CO., LTD.Block 51-B, Wuxi National High & New Technology Industrial Development Zone, Wuxi, Jiangsu, 214028 ChinaTEL.86-510-5218222 FAX.86-510-5221170Capital Stock : 20 million US$Business line : Production and sales of various kinds of capacitors and circuit productsISO9001 certified

included in the scope of this report (As of September 21, 2004)


This catalog is printed with environmentally friendly soy ink.

Printed on 100% recycled paper.

Oikedori, Karasumahigashi-iru Nakagyo-ku, Kyoto, 604-0844 Japan.Telephone 81-75-231-8461 Facsimile 81-75-256-4158

URL: http://www.nichicon.co.jp/

If you have any questions regarding this document, please contact:Environmental Management Dept., General Administration Division.Telephone 81-75-241-5319 Facsimile [email protected]

Issued: October 2004Next issue schedule: August 2005Past issue: September 2001, October 2002, September 2003


“Companions in the Sea”The “Companions in the Sea” is the artwork displayed on the wall next to the Karasuma central wicket on the concourse of the JR Kyoto Station Building.

Message from the Artist:Likening the art space to a huge water tank, I depicted a variety of sea life to create the same joyous feelings we have when viewing an aquarium or looking at a picture book. The sunlight shimmering in the water is comforting to the mind, and also gives the impression that Nichicon is a company friendly to both humankind and the earth. Sea life is very colorful and takes unique, diversified forms. I think everyone - irrespective of age or sex - will enjoy our companions in the sea.

Mr. Hifumi Furuoka Artist of “Companions in the Sea”

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