NOF Group Sustainability

Value Creation Process

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Creating products, value, and a new future with the power of chemistry

We propose new technologies and new products by combining the core technologies we have acquired in our diverse business areas. To solve various social issues, we aim to grow sustainably centered on our three prioritized business fields.

From the input of continuous investment aimed at solving social issues, our business model produces output in the form of products, generating both economic and social value as outcomes. We aim for our vision that keeps this loop turning.
The inputs of the NOF Group are as follows. Financial capital: Long-term credit rating of A+; human capital: 3,997 employees; manufacturing capital: 18.3 billion yen in facility investment, 20 manufacturing sites; intellectual capital: 7.9 billion yen in R&D investment, 1,237 patents held by NOF, 4 patent attorneys; social capital: 1,100 suppliers to NOF, commissioned research with universities and research institutions; natural capital: 226 thousand tons of total substance input, 2,903 thousand gigajoules of total energy input, 7,886 thousand m³ of new water use. The outputs of the NOF Group are as follows. Economic value: Operating income of 45.3 billion yen, NOF dividend of 45 yen per share; social value: products sold to 82 countries, 89 industry-academia-government joint research projects, 16.0% female employee ratio at NOF , 2.65% rate of employees with disabilities (non-consolidated), 1.2% reduction in Greenhouse Gas emissions. Among the outcomes for the NOF Group, our economic value is long-term enhancement of corporate value through innovation in chemical materials. Our social value is contributing to our customers’ sustainable growth as well as improvements to local communities and the global environment by helping to solve customers’ challenges.