NGK CO., LTD. Corporate Brochure

E-2107 (1) D https://www.ngkntk.co.jp/english/ Issued July 2021 -Top Message- Corporate Philosophy Realizing drastic Realize our imagination. We continue to offer new ideas and new values.

change beyond At NGK SPARK PLUG, we aim to contribute to people all over the world by linking people to technologies and delivering new values. As a truly global corporation, we want to build stronger ties not only with customers and the current way the residents of local communities, but also with local and global environments. We are always working to make our corporate philosophy and our commitments a reality.

Three elements constitute our corporate philosophy.

1. Commitment With full use of the most suitable technology and our accumulated experience, we continue striving to offer new values to the peoples of Corporate Philosophy the world. 2 3 2. Management Policy We offer a working environment in which Management Action each one of us is encouraged to make full use Policy 1 Guideline of his or her personality and capabilities. With all our power we are dedicated to pursue Commitment Since its founding, the NGK SPARK PLUG Group has worked to evolve and improve management based on trust and confidence. products with a focus on spark plugs and sensors based on core ceramic technologies, building trust with customers while contributing to the development of society. 3. Action Guideline Ever onward! Always mindful of what is the best course, we swiftly put it into action. During an era in which the is undergoing a once-in-a-century revolution, we plan to return to the spirit of challenge and innovation on which the company was founded so that we can resolve social issues even more effectively than in the past. To realize change beyond the current way, we must embrace the challenge of developing The Nittoku Way solutions and services that use technologies that transcend boundaries, rather than asking what ceramics can do. We aim to provide real value as a company that is indispensable to In the face of rapid environmental and social change, we focus all resources on the world. addressing social issues while ensuring that all employees set their sights high. The Nittoku Way refers to a set of philosophies that We thank you in advance for your continued patronage and support for includes values that are shared by the entire NGK the NGK SPARK PLUG Group. SPARK PLUG Group, and the actions based on those philosophies, as well as the manner in which those Shinichi Odo Takeshi Kawai actions are carried out. Representative Director Chairman of the Board Representative Director President & Chief Operating Officer

01 02 The NGK SPARK PLUG Group Spark plug global market share around the World - Global Activity - Oxygen sensor global market share An increasingly global NGK SPARK PLUG Group and the results of its activities

Number of overseas bases Ratio of overseas employees

46 *As of March 31, 2019, as estimated by. NGK SPARK PLUG. About 46% No1

Number of countries in which NGK SPARK PLUG products are sold Other Japan 3% 14% Overseas sales ratio South and North America Central America 28% About 140 5% Asia 25% Europe 86% 25%

Sales by region Percentage of employees who have experience Sales of the entire NGK SPARK PLUG Group being seconded overseas

Overall group operating profit ratio . % 427.5 billion yen 1*Generalist2 (Classified,1 Considered) only % Headquarters Manufacturing & Sales organization Sales organization 11.1 Technical center Holding company *Figures current as of March 31, 2021, unless otherwise noted.

03 04 Representative Products and Core Technologies - Products - Please visit our website for more information. Official NGK SPARK PLUG website: Technologies and products that solve social issues https://www.ngkntk.co.jp/english/

Spark plugs and exhaust gas oxygen sensors

Our spark plugs were the first products of their As a core component of emissions treatment kind to be manufactured domestically in Japan. systems, oxygen sensors contribute to cleaner Today, we enjoy No. 1 market share worldwide. emissions and better fuel economy. We support Our proprietary ceramic technology delivers perfor- compliance with strict emissions regulations mance that can withstand the high temperature through proprietary technology that makes and pressure levels inside engines. In addition, our possible fast, accurate sensing despite the intense component technology development, technologies temperature variations and presence of exhaust for bonding different materials, evaluation tech- condensation in the automobile environment. nologies, and other innovations make possible exceptional ignitability and combustion efficiency. Our products also contribute to environmental protection by improving fuel economy.

Electro-static chucks Oxygen concentrators

Electro-static chucks, which use static electricity to Oxygen concentrators supply highly concentrated hold silicon wafers in place during semiconductor oxygen to patients suffering from chronic respira- manufacturing, are required to exhibit high levels tory failure who are undergoing home oxygen of durability and quality. We draw on proprietary therapy. They increase oxygen concentrations by manufacturing methods that use lamination removing the nitrogen in air. In addition to provid- technology to realize durability in harsh environ- ing energy efficiency and quiet operation, our ments, together with uniform temperature distri- products help improve patients’ quality of life by bution. These products contribute to improving the accommodating remote monitoring and enabling efficiency with which semiconductors, essential in patients to breathe oxygen at home. today’s IoT society, can be produced.

05 06 Representative Products and Core Technologies - Products - Please visit our website for more information. Official NGK SPARK PLUG website: Technologies and products that solve social issues https://www.ngkntk.co.jp/english/

Cutting tools Ultrasonic transducers

Cutting tools are used to fabricate (cut) parts in Ultrasonic transducers leverage the characteristics manufacturing processes. We supply products that of materials in which the application of a voltage are specifically designed to accommodate the generates ultrasonic waves to produce minuscule respective characteristics of a broad range of vibrations, and are used in products like medical industries, including the automotive, aerospace, scalpels. These scalpels result in less blood loss and and medical sectors. Going forward, we will faster recovery than regular scalpels. Ultrasonic continue to develop new materials like BIDEMICS, scalpels incorporating our products are used by the a proprietary material that makes possible world’s top medical device manufacturers. In this super-high-speed cutting of heat-resistant alloys way, we support medical professionals worldwide. that are extremely difficult to machine.

Semiconductor packages

Actually, we’d like to brag a little!

Custom products with advanced technologies

The devices introduced here are representative of the products we have developed since our founding, together with additional products based on those technologies. Semiconductor packages are used as a protective But they only tell part of the NGK SPARK PLUG story. application for IC chips. Lamination technology using our proprietary manufacturing method Many of the products we deliver are custom- serves to transmit electric signals while safeguard- engineered to accommodate individual customers’ unique ing semiconductors from heat, moisture, and other specifications and requirements. Most of these products, potentially harmful conditions. These products are which we develop proprietarily, play a supporting role in expected to contribute to today’s IoT-driven society, which will grow in the future, and play a society without it being known that they were major role in a society based on next-generation manufactured by NGK SPARK PLUG. communications.

07 08 2040 Vision and the Long-Term Management Plan

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

2030 Long-Term Management Plan

“NITTOKU Long-Term Back SHINKARON” 2020 Basic Policy 2030 Casting 2040 Current *NITTOKU BX Vision

(2030 strategies and initiatives) Milestones Direction

Shisei Shinjitsu Dokuritsu Jiei Shikai Keitei Soshi Kantetsu Doing your very best Self-reliance and self-assuredness Utilizing everyone’s unique skills Seeing things through to the end

NITTOKU Way

* NITTOKU BX: “Beyond ceramics, eXceeding imagination”

Transformation of the Business Sales revenue composition

Portfolio 750.0 billion yen (Forecast)

60% Non-ICE business Delivering new value in the face of an ever-changing future. We aim to decrease the proportion of ICE business 40% in our total sales revenue from the current 80% to 426.2 billion yen 40% while raising that of non-ICE business from 20% To meet large-scale global environmental changes, we too must change. 60% the current 20% to 60%, thereby transforming 40% ICE business 80% our business portfolio. As a first step, we will Creating an organization comprised of passionate individuals working decrease the ratio to 60% and increase the ratio 2020 2030 2040 (FY) to 40% for ICE business and non-ICE business, together to face challenges head-on in order to better society. respectively, as milestone targets for 2030. with Speed!! Change from ICE-oriented businesses We are transcending imagination with technology that Spirit of Dokuritsu Jiei (self-reliance) Professional companies, organizations, with a Global transcends boundaries. Action Guidelines and human resources mindset!! Optimize for speed Change IGNITE YOUR SPIRIT We have upheld “Change with Will!!” as the Make our dream come true guiding principle for the 2030 Long-term Innovation We are more than just ceramics and we are going in new directions. Change with Will!! Global thinking Management Plan. Specifically, with a strong commitment (“Will”), we will fast-track “Change” for coexistence with society and people. with Fairness!! with Will Create a sustainable society Diverse personnel Strive for fairness

Business Fields to Focus on

Environment & Energy Mobility Medical Communication

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

09 10 Four Business Fields - Business Descriptions - Four business fields in which we deliver real value to people around the world

Our core competencies include ceramic materials technology, sensing technology, and a global production/ sales system. We will add “Something New” to these to create new value and foster “Open Innovation”, both internally and externally, thereby achieving further growth in these four fields.

Environment & Energy Mobility Medical Communication

To an energy efficient and To a mobile society that is To bring advanced medical care A high-speed communication society environmentally-friendly society fun and convenient to people all over the world where virtual and reality are connected

• Using sensing technology to improve • Providing maintenance services according to • Applied ceramic materials to artificial bone • Provide infrastructure parts to support industrial efficiency your lifestyle • Non-invasive diagnosis and treatment, high-speed communication • Stable supply of regenerated energy • Improving electricity using ceramic provision of preventive equipment and components services using ultrasound technology • Providing MaaS (Mobility as a Service) to fit special needs

Core competencies underlying our businesses Rapid high temperature heating technology Sensing technology Global production/sales system Sheet lamination technology Venture labs at three bases worldwide Temperature measurement from -40° to 900°C Ceramic power generation technology Instantaneous detection of hydrogen leaks Disparate material bonding technology Ceramic material technology Applied technologies suitable for use in harsh environments Ceramic electricity storage technology Detection of vibrations in 1/100th of a second

11 12 New Businesses Fostering drastic change beyond the current way

Towards the realization of land-based aquaculture by Developing fuel cells for a hydrogen based society Environment Mobility Medical Communication visualizing water quality Environment Mobility Medical Communication & Energy & Energy Solid Oxide Fuel Cells (SOFCs) Water quality sensing

Solid Oxide Fuel Cell (SOFC) shapes and applications Comprehensive solutions for land-based aquaculture Power plants Large-scale power plants Water quality data 50+ MW Factories Cylindrical-type SOFC Industrial use Optimal aquaculture 1 to 10 MW Offices and commercial facilities

Commercial use Supermarkets and convenience stores 2 to 100 kW 24 Data platform Homes Residential use Farming Farming guidance Water quality sensor Planar-type SOFC 0.7+ kW

Aquaculture worker When we entered the market for fuel cells, which are expected to contribute to more environmentally- friendly energy use in the future, we embraced the challenge of focusing on high-output, next-generation Reflecting our commitment to solving social issues like declining aquatic resources, worldwide food SOFCs. MORIMURA SOFC TECHNOLOGY and CECYLLS manufacture planar and cylindrical cell stacks, shortages, and environmental pollution caused by discharges of contaminated wastewater, we are respectively, and supply a full line of products for residential, commercial, and industrial use. We will working to supply a comprehensive solution for land-based aquaculture that facilitates the management continue to contribute to the effort to realize a hydrogen-based society in the future through the of aquacultural work by applying sensing technologies, visualizing water quality data, integrating it with development of new products and working to secure their widespread adoption. camera-based biological information, and implementing big-data analysis. The goal of this development A joint venture established by NGK SPARK program is to contribute to the future resolution of global environmental issues such as the conservation MORIMURA SOFC A joint venture established by NGK SPARK PLUG; NORITAKE CO., LTD.; TOTO LTD.; CECYLLS TECHNOLOGY PLUG and Power, Ltd. of water quality in rivers and oceans. and NGK INSULATORS, LTD.

Towards the commercialization of environmentally-friendly New services that will contribute to a smart mobility-based society piezoelectric materials Environment Mobility Medical Communication Environment Mobility Medical Communication & Energy & Energy Lead-free piezoelectric ceramics Doctor Link

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

Factory automation products Automotive applications

Medical equipment Various initiatives to create new value

Venture labs: Creating the future of the world We have established open innovation bases in Silicon Valley, Germany, and Tokyo, where we are pursuing Piezoelectric ceramics can be made to vibrate by applying a voltage to them. Products in a broad range of solution-oriented research to solve social issues through creative collaboration with start-ups and other partners. fields make use of this characteristic, from devices used in everyday life to industrial equipment. We are pursuing R&D in environmentally-friendly, lead-free piezoelectric ceramics as part of an effort to develop safe, Earth-friendly materials and products that customers in a variety of fields will be able to use with R&D structures peace of mind. We spend 5.9% of sales on R&D, a figure that significantly exceeds the industry average, and we remain focused on creating new technologies. *As of March 2021.

13 14 History and Milestones From Morimura Gumi to NGK SPARK PLUG.

1878 1899 1914 1919 1930 1937 Hinode Shokai Morimura Established a research Nippon Toki Gomei Separated the Insulator Started sales of Spark Started the manufacture Inherited Vision Brothers founded in center in the Morimura Kaisha succeeded in Division of Nippon Toki and Plugs by NGK Insulators, of NGK Spark Plugs at New York by Toyo. Gumi Office. producing Japan’s first established NGK Insulators, Ltd. NGK SPARK PLUG. (name changed to Started research into dinner set. Ltd. (the present NGK Morimura Bros. Inc. the manufacturing of INSULATORS, LTD.) in 1881) white hard porcelain. Founded Okura Art China NGK SPARK PLUG was founded in 1936. However, our roots can be traced back 1876 1897 1904 1917 1921 1936 more than 140 years to the Morimura Gumi which was established in 1876 by Morimura Gumi founded in Founded Morimura Bank. Founded Nippon Toki Separated the Sanitary Ceramics Started research on spark Separated the Spark Plug Tokyo by Ichizaemon Morimura (merged with Mitsubishi Gomei Kaisha in Nagoya. Division of Nippon Toki Gomei plugs at NGK Insulators, Division of NGK Ichizaemon Morimura, the forefather of the Morimura Group. VI and his brother Toyo. Toyo Bank in 1929) (the present NORITAKE Kaisha and established Toyo Toki Ltd. Insulators, Ltd. and traveled to the United States CO., LIMITED) Co., Ltd. (the present TOTO LTD.) established NGK SPARK and started a sundries retail Reorganized Nippon Toki Gomei PLUG. Our founding father Ichizaemon Morimura was an honest and passionate business. Kaisha into Nippon Toki, Ltd. merchant. Determined to reclaim wealth which had flowed overseas, Ichizaemon embraced the challenge of foreign trade for the prosperity of Japan. Eventually, 1936 NGK SPARK PLUG CO., LTD. was established with capital of ¥1,000,000. 1994 Established NTK TECHNICAL CERAMICS (TAIWAN) LTD. 1937 Started the manufacture of NGK spark plugs. 1995 Established NGK SPARK PLUGS (U.S.A.) HOLDING, INC. the Morimura Gumi began to manufacture ceramics and the Morimura Group 1949 Started the manufacture of NTK technical ceramics. 1996 Started operation of U.S.A. Technical Center. was born, ultimately leading to the founding of numerous prominent companies Listed on both Tokyo and Nagoya stock exchanges. 1997 Started the manufacture of NGK “Iridium” spark plugs. including NGK SPARK PLUG. Ichizaemon Morimura 1958 Started the manufacture of ceramic cutting tools and inserts. Started operation of Komaki Technical Center. Started the manufacture of copper-cored wide range spark plugs. Started the manufacture of organic IC packages. Became a pioneer product in the automobile industry. 2000 Started the manufacture of NGK “Iridium IX” spark plugs. 1959 Established CERAMICA E VELAS DE IGNICAO NGK DO BRASIL LTDA. (the present CERAMICA E VELAS DE IGNICAO NGK DO BRASIL LTDA.) 2001 Established NGK SPARK PLUGS SINGAPORE PTE LTD. Started the manufacture of oxygen concentrators for home oxygen Established NITTOKU SEISAKUSHO CO., LTD. 1961 therapy. 1962 Started operation of Komaki Factory (Aichi prefecture). Started operation of Komaki R&D Center. Development of Morimura Group 1966 Established NGK SPARK PLUGS (U.S.A.), INC. (sales company) Established NANSEI CERAMIC CO., LTD. Started the manufacture of ceramic IC packages. 2002 Restructured former NGK SPARK PLUGS (U.S.A.), INC. and 1967 NGK SPARK PLUG MFG. (U.S.A.), INC. 1973 Established NGK SPARK PLUGS MALAYSIA BHD. Established new NGK SPARK PLUGS (U.S.A.), INC. and Morimura Gumi Started the manufacture of temperature sensors for automobiles. NTK TECHNOLOGIES, INC. according to product market. Established NGK SPARK PLUG MIDDLE EAST FZE. March 1876 1974 Established NICHIWA KIKI CO., LTD. Nippon Toki Morimura Bank Started operation of Kagoshima-Miyanojo Factory (Kagoshima prefecture). Established NGK SPARK PLUG (SHANGHAI) CO., LTD. Gomei Kaisha 2003 June 1897 January 1904 Established SIAM NGK SPARK PLUG CO., LTD. (Thailand) Established NTK TECHNICAL CERAMICS POLSKA SP. Z O.O. Established NITTOKU UNYU CO., LTD. 2004 Started the manufacture of new high temperature ceramic glow plugs. 1975 Established NGK SPARK PLUG (U.K.) LTD. 2005 Established NGK SPARK PLUGS (THAILAND) CO., LTD. Morimura Gumi 1976 Established NGK SPARK PLUG MFG. (U.S.A.), INC. Started the manufacture of hydroxyapatite cement. Okura Art China Toyo Toki Co., Ltd. Nippon Toki, Ltd. NGK Insulators, Ltd. (Manufacturing company) Co., Ltd. Established NGK SPARK PLUGS (INDIA) PVT. LTD. May 1919 April 1918 May 1917 July 1917 May 1919 2006 1977 Established PT NGK BUSI INDONESIA. Total domestic production of NGK plugs reached 10 billion units. 1978 Established NTK CERAMICS (U.S.A.), INC. 2007 Established NGK SPARK PLUGS SA (PTY) LTD. (Ceramic manufacturing company) 2008 Established NGK SPARK PLUG (PHILIPPINES), INC. Merged with Established BUJIAS NGK DEL ECUADOR CIA LTDA. Okura Art China. Inc. Morimura Bros., Inc. TOTO Ltd. Noritake Co., Limited NGK Insulators, Ltd. NGK SPARK PLUG 1979 Mitsubishi Bank Established NGK SPARK PLUGS (DEUTSCHLAND), GmbH. 2009 NAKATSUGAWA CERAMIC CO., LTD. changed its corporate name to changed corporate changed corporate changed corporate changed part of corporate name (the present NGK SPARK PLUG EUROPE GmbH) NTK CERAMIC CO., LTD. by merging with KANI CERAMIC CO., LTD. and 1929 reorganized in April 1950 name in July 1946 name in May 2007 name in April 1981 from kanji to katakana in May 1986 October 1936 IIJIMA CERAMIC CO., LTD. Established NGK SPARK PLUG (AUSTRALIA) PTY. LTD. 1980 Established CHANGSHU NGK SPARK PLUG CO., LTD. Started the manufacture of quick glow system (QGS) (for diesel engines). 2011 1982 Established NGK SPARK PLUGS CANADA LIMITED. 2012 Established NGK SPARK PLUGS (VIETNAM) CO., LTD. Started the manufacture of oxygen sensors for automobiles. 2013 Capital and Business Alliance with EASTERN CO., LTD. Established TONO CERAMIC CO., LTD. Tono Ceramic Co., Ltd. changed its corporate name to Established KAMIOKA CERAMIC CO., LTD. SparkTec TONO CO., LTD. Established LLC NGK SPARK PLUG (EURASIA). 1984 NGK SPARK PLUG MFG. (U.S.A.), INC. changed its corporate name to Uniform products through participation by all employees NGK SPARK PLUGS (U.S.A.), INC., by merging with Established SparkTec (Thailand) Co., Ltd. NGK SPARK PLUGS (U.S.A.), INC. and NTK CERAMICS (U.S.A.), INC. Established NITTOKU DENSHI CO., LTD. Established KANI CERAMIC CO., LTD. 2014 Started operation of SparkTec TONO CO., LTD. Nino Headquarters Plant. “Suppose that we produce only 1 defective product per Established TAIWAN NGK SPARK PLUG CO., LTD. Acquired 100% ownership of NIHON CERATEC CO., LTD. Established IIJIMA CERAMIC CO., LTD. 2015 1,000 products. Acquisition of all shares relating to WELLS Vehicle Electronics business. 1985 Started the manufacture of ceramic glow plugs. 2016 Nittoku Seisakusho Co., Ltd. changed its corporate name to To the customer who purchases that 1 product, 1989 Invested in WOOJIN INDUSTRY CO., LTD. (Korea) SparkTec WKS Co., Ltd. Established CERAMIC SENSOR CO., LTD. Nihon Ceratec Co., Ltd. changed its corporate name to our defect rate is 100%.” NTK CERATEC Co., Ltd. Established NGK SPARK PLUG INDUSTRIES EUROPE S.A.S. (France) 1990 Established CS Nakatsugawa Co., Ltd. Started operation of Europe Technical Center. As our business evolved from tableware to industrial products, we faced even Capital and Business Alliance with Japan Medical Dynamic Marketing, Inc. Started the manufacture of bio ceramics. Established NTK Ceramic Co., Ltd. stricter demands for product uniformity. 1991 Total production of NGK spark plugs exceeded 5 billion units. 2017 Established NITTOKU SMILE CO., LTD. In order to constantly realize the performance needed by customers and to 1992 Established NITTOKU ALPHA SERVICE CO., LTD. SparkTec (Thailand) Co., Ltd. changed its corporate name to Established BUJIAS NGK DE MEXICO S.A. DE C.V. NGK SPARK PLUGS (ASIA) Co., Ltd. eliminate discrepancy among products, Magoemon Ezoe expected a high level of Magoemon Ezoe 1993 Started operation of Brasil Technical Center. 2018 Established Sharing FACTORY Co., Ltd. discipline and sense of participation to produce quality products. Employees at all Established NGK SPARK PLUGS (FRANCE) S.A.S. Acquired 100% ownership of CAIRE Inc. (First president of Established NAKATSUGAWA CERAMIC CO., LTD. 2019 Established MORIMURA SOFC TECHNOLOGY Co., Ltd. workplaces devoted themselves to manufacturing which fulfilled such expecta- NGK SPARK PLUG) Established NTK CUTTING TOOLS KOREA CO., LTD. (the present NTK TECHNICAL CERAMICS KOREA CO., LTD.) 2020 Established CECYLLS Co., Ltd. tions. Even today, the philosophy of producing quality products with participation Established ignArt CO., LTD. 1994 Started operation of Ise Factory (Mie prefecture). by all employees is still alive at NGK SPARK PLUG. Established NGK SPARK PLUG MFG. (U.S.A.), INC. 2021 Introduced an in-house company system.

15 16 Towards a Sustainable Society Overview - Sustainability Action - For details, please visit our website.

Today, society demands business activities that will help realize a sustainable society, for example by contributing to Company Profile international norms and goals such as the United Nation’s Sustainable Development Goals (SDGs). To date, we have contributed to society by pursuing businesses around our flagship internal combustion engine products. Going forward, we will work to broaden the scope within which we contribute to society by pursuing solutions to social issues through existing offerings such as oxygen concentrators and lead-free piezoelectrics as well as products and Company Name: NGK SPARK PLUG CO., LTD. services in new areas such as fuel cells, and by communicating information about those efforts both inside and Establishment: October 26, 1936 outside the company. Capital: 47,869 million yen

For details, Headquarters: 14-18, Takatsuji-cho, Mizuho-ku, CSR and Sustainability Charter please visit our website. Nagoya 467-8525 We adopted a CSR and Sustainability Charter in April 2020 to serve as a summary of our approach to sustainability as set forth in our corporate philosophy, and to communicate that commitment more Employees: Non-Consolidated: 5,891 (as of March 2021) broadly both inside and outside the company. Consolidated: 16,391 (as of March 2021)

For details, Business: 1. Manufacturing and selling spark plugs Priority issues please visit our website. and related products for internal- In an effort to contribute to the realization of a sustainable society, we have carefully assessed the combustion engines. issues facing society and defined priority issues (materiality) to be addressed by our group in reference 2. Manufacturing and selling technical ceramics and applicable products. to ESG (Environmental, Social, and Governance) factors.

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

Profit attributable to owners of Revenue Operating profit the parent Sponsorship of the Nagoya Women’s 427,546 47,389 38,367 Marathon (Millions of yen) (Millions of yen) (Millions of yen) 500,000 75,000 50,000

We became a Gold Sponsor of the Marathon Festival 400,000 60,000 40,000

Nagoya Aichi in 2021 out of a desire to support all 300,000 45,000 30,000

people who chase their dreams and to contribute to the 200,000 30,000 20,000 revitalization of local communities. With the cooperation 100,000 15,000 10,000

of the event’s participants, we made donations to three 2016 2017 2018 2019 2020 (FY) 2016 2017 2018 2019 2020 (FY) 2016 2017 2018 2019 2020 (FY) non-profit organizations that are active in the Tohoku region. We remain committed to helping realize a better Earnings per share Total assets Total equity society by addressing issues faced by not only our region, 188.59 771,293 451,626 but also the country and the world. (Yen) (Millions of yen) (Millions of yen)

Courtesy Nagoya Women’s Marathon 200 800,000 480,000

160 700,000 400,000 Hosting a family musical event 120 600,000 320,000 80 500,000 240,000

As an activity intended to help children who will lead the 40 400,000 160,000 next generation grow culturally and artistically, NGK (FY) (FY) (FY) SPARK PLUG has hosted a family musical event at the 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 NTK HALL every year since 2013. Guests include families and children from elementary schools and kindergartens ROE (Return on equity) Equity ratio R&D expenses ratio located close to NGK SPARK PLUG and from facilities 9.1% 58.2% 5.9%

such as residential institutions in Aichi Prefecture. 15 80 7.5

Employee volunteers participate as event staff. In 2020, 12 75 7.0

the event undertook a series of rigorous measures to 9 70 6.5 prevent the spread of COVID-19. Going forward, we will 6 65 6.0 continue to undertake activities that help children to Family musical put on by Hikosen Theater Company 3 60 5.5

have hopes and dreams. 2016 2017 2018 2019 2020 (FY) 2016 2017 2018 2019 2020 (FY) 2016 2017 2018 2019 2020 (FY)

17 18