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Corporate Profile TOKYO ELECTRON CORPORATE PROFILE Akasaka Biz Tower, 3-1 Akasaka 5-chome Minato-ku, Tokyo 107-6325, Japan Tel.+81-3-5561-7000 www.tel.com TEL is a registered trademark or a trademark of Tokyo Electron Limited in Japan and/or other countries. PR59-195 CEO’s Message Corporate Philosophy We strive to contribute to the development of a dream-inspiring society through our leading-edge technologies and reliable service and support. Management Policies The Management Policies highlight the management values that Tokyo Electron (TEL) regards as essential to achieving the objectives defined in its Corporate Philosophy. They express the logic that underscores our eight general rules of management. Profit is Essential Scope of Business The TEL Group aims to contribute to the development of The TEL Group leads markets by providing high-quality society and industry and to the enhancement of corporate products in leading-edge technology fields with a focus on value while continually pursuing profit. electronics. Growth Philosophy Quality and Service We will tirelessly take on the challenges of technological The TEL Group strives to understand the true needs to innovation to achieve continuous growth through business achieve customer satisfaction and secure customer trust expansion and market creation. while continuously improving quality and service. Employees Organizations The TEL Group’s employees both create and fulfill The TEL Group builds optimal organizations that maximize company values, performing their work with creativity, a corporate value in which all employees can realize their full sense of responsibility, and a commitment to teamwork. potential. 2020 saw the global spread of COVID-19 and frequent natural disasters arising from climate change, Safety, Health, and the Environment Social Responsibility including torrential rains in Japan and hurricanes and cold spells in North America.On the other hand, The TEL Group gives the highest consideration to the Feeling a strong sense of corporate social responsibility, we it was also a year when digital transformation (DX) made progress in our daily lives and all kinds of safety and health of every person connected with our strive to gain the esteem of society and to be a company business activities as well as to the global environment. where our employees are proud to work. industries, and the importance of semiconductors, which are essential for information and communication technologies (ICT), became prominent. Applications expanded for the displays that link people and data, and additional advances in technological innovation were made. As a result of TEL Values the spread of the IoT, AI, 5G and other technologies, a data-driven society accelerates at an TEL Values highlight the values and codes of conduct as Tokyo Electron. unprecedented pace. With the rising eorts to solve global environmental problems progress, Pride Challenge “digital and green” is now a major trend around the world. We take pride in providing high-value products and We accept the challenge of going beyond what others are services. doing in pursuing our goal of becoming number one globally. Under the circumstances, applying our expertise as an equipment manufacturer developed through Ownership Teamwork being an industry leader and using all management resources, including our employees who both We will keep ownership in mind as we think things We respect each other's individuality and we place a high create and fulfill company values, we will contribute toward achieving the societal shared value of through, and engage in thorough implementation in order priority on teamwork. to achieve our goals. balancing “digital and green.” We also endeavor to practice our Corporate Philosophy, “ We strive to contribute to the development of a dream-inspiring society through our leading-edge technologies Awareness We must have awareness and accept responsibility for our and reliable service and support” while expanding medium- to long-term profit and continuous behavior as respectful members of society. corporate value enhancement. We deeply appreciate your support for Tokyo Electron and look forward to your continued Vision support and patronage. The Vision describes TEL's medium-to long-term business aspirations and the direction of TEL's near future. A truly global company generating high added value and profits in the semiconductor and flat panel display industries Toshiki Kawai through innovative technologies and groundbreaking Representative Director, President & CEO proactive solutions that integrate diverse technologies. 1 TOKYO ELECTRON CORPORATE PROFILE 2 MILESTONES Company Info The History of TEL Established November 11, 1963 The growth of TEL has always been in sync with the history of the semiconductor industry. Capital 54.9 billion yen For approximately half a century, TEL has tirelessly pursued the newest technologies and innovations. Representative Toshiki Kawai Representative Director, President & CEO Number of Employees 1,667 (non-consolidated) 14,668 (consolidated)* Head Oce Akasaka Biz Tower 3-1 Akasaka 5-chome, Minato-ku, Tokyo 107-6325 +81-3-5561-7000 www.tel.com www.tel.com/careers/ *as of April 1, 2021 Evolution of semiconductors Mainframe Computer Single Chip Microprocessor Personal Computer Mobile Phone Digital Consumer Electronics Big Data Consolidated Sales (Billion yen) 2021 1963 1976 1991 1994 TEL cited as the "Most Honored Company" 1,400 Tokyo Electron Laboratories, Inc. is established in Akasaka, TEL-Thermco Engineering Co., Ltd. develops Top sales The first year for globalization for the sixth year in a row in Minato-ku with capital of five million yen invested by the world’s first high-pressure oxidation furnace among semiconductor Begins establishing the structures for Institutional Investor's All-Japan Executive Team Rankings Tokyo Broadcasting System, Inc. production equipment direct sales & technical support in Europe 2020 manufacturers a©ained for three and the U.S. Tetsuro Higashi consecutive years from 1989. 2002 Participation in Albany NanoTech Program (Former Chairman, President & CEO) 1999 receives the Order of the Rising Sun, Category of industry on for industry-academia joint research 1,200 Gold and Silver Star the Tokyo Stock Exchange promotion and support 1990 First Section changed from TEL marks a major “Wholesale Trade” to move into development “Electric Appliances” and marketing of 2019 FPD production equipment 1964 Formed a partnership with BRIDG 1,000 TEL acquires importing and selling rights for di¡usion furnace manufactured by Thermco Products Corp. (U.S.) and begins sales 2018 1978 TEL cited as Thomson Reuters’* 1965 Tokyo Electron Laboratories, Inc. Concludes an agency agreement with “Top 100 Global Tech Leaders” renamed Tokyo Electron Ltd. *Current Refinitiv 800 Fairchild Semiconductor Corp. (U.S.) to sell Fairchild's IC testers in Japan 2005 1980 TEL receives Tokyo Stock 1968 Listed on the Second Section of Exchange’s Tenth Annual Award for A joint venture with the Tokyo Stock Exchange Excellence in Disclosure for the Thermco Products Corp. (U.S.), the second time since 1999 2016 named TEL-Thermco Engineering Co., Ltd. 600 TEL receives begins domestic production of 2007 Prime Minister’s Award di¡usion furnaces Establishment of "TEL UNIVERSITY" to for the second time strengthen employee since 2003 development 2015 400 Re-emergence as New TEL (Vision, Medium-term 1984 Management Plan formulated and Listed on the First Section of new Corporate Logo created) 1970 the Tokyo Stock Exchange Complete domestic 2013 200 production of di¡usion Concluded furnaces becomes possible 1986 merger agreement with at TEL-Thermco Export of semiconductor Applied Materials, Inc. Engineering Co., Ltd. production equipment (Merger agreement begins dissolved in 2015) 0 1963 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 Shiing to a full-scale Accelerating globalization Aspiration toward innovation and new growth Founded as technical specialized trading company manufacturer The electronics industry was still in its infancy in 1963 when young trading Since its foundation, TEL had envisioned adding manufacturing capabilities to From the 1990s onwards, TEL reinforced its group company structure in In 2015, TEL introduced the Medium-term Management Plan with a firm employees -Tokuo Kubo, Toshio Kodaka and others—turned entrepre- its trading expertise. Aiming to become the first semiconductor equipment Japan by establishing a number of subsidiaries responsible for services, financial model for achieving world-class profitability, and renewed the neurs and established Tokyo Electron Laboratories, Inc. (today's TEL), driven manufacturer in Japan, We formed TEL-Thermco Engineering Co., Ltd. in 1968 manufacturing, and other functions. TEL's overseas operations—which corporate logo to emphasize a fresh start. With the spread of IoT, AI, and by a conviction that semiconductors were about to transform the industry. with a proven American semiconductor equipment manufacturer. Through began in 1980 to support Japanese semiconductor manufacturers ventur- 5G, our society is becoming increasingly data-driven. As semiconductors We started as a technological trading company by importing and selling this joint venture, TEL gradually acquired technologies for developing and ing abroad—also expanded in the 1990s, resulting in a broad network of and FPDs are the enablers of the digital society, the market for semicon- industrial equipment, including diffusion furnaces made by U.S.-based producing its own semiconductor
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