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Corporate Profile 2016
Year ended March 31, 2016
Compilation policy
Contents
１
About S.T.CORPORATION・・・・・・・・２
２
Systems for Supporting Management・・９
３
Business Overview・・・・・・・・・１３
４
Sustainability ・・・・・・・・・・２３
５
Company Information・・・・・・・・２９
[Target organizations] The document reports on our company, or the S.T. Group (consolidated), if not
mentioned. The “S.T. Group” means the entire S.T. Group, the “S.T. Group (in Japan)” means S.T.
(nonconsolidated) and groups companies in Japan, and the “S.T. (nonconsolidated)” means S.T.
(nonconsolidated).
[Target period] Term ended Mar. 2016 (Apr. 1, 2015 to Mar. 31, 2016)
Note: Fiscal years in this report are based on S.T. CORPORATION’s fiscal year ending March 31.
[Forward-Looking Statement] This report contains forward-looking statements regarding S.T.
CORPORATION’s future plans, strategies, and performance. Such forward-looking statements are based on
information available as of the issuance of this report. Please note that the Company’s actual performance
may differ greatly from forward-looking statements due to the economic situation, business environment,
market demand, and foreign currency exchange rate fluctuations in the future.
Note: The figures are rounded down.
(As of October 1, 2016)
Copyright © S.T. Corporation. All rights reserved.
1
About S.T. CORPORATION
Contents
１
Strengths and Salient Features ・・・・・・・・・・・３
２
Management Strategy (Brand Value Management)
３
Business Overview
４
Financial Highlights
１・・・・・・・・・・・・・・６
５
Financial Highlights
２（Category Information）・・・７
６
Non-Financial Highlights（ESG Information）・・・・・８
・・・・４
・・・・・・・・・・・・・・・・・５
2
Strengths and Salient Features
A Manufacturer of Miscellaneous Daily Goods
that Focuses on Niche Markets
≪Boasting a Large Number of Unique and Robust Brands≫
A trusted major brand
that protects clothing
Dehumidifier brand
Top brand insect
repellent for rice
The Company’s
flagship megabrand
Top brand in
refrigerator deodorizers
≪ShoshuShoshu-Riki≫
Riki≫
≪DashuDashu-Tan≫
Tan≫
≪Komeome-Touban≫
Touban≫
≪Mushuda≫
Mushuda≫
≪Drypet≫
Drypet≫
・Grasping people’s imagination when they hear about, see and use our products
≪the driving force behind our product development activities≫
activities≫
3
Management Strategy (Brand Value Management)
Development of a robust business foundation that won’t
be swayed by the business environment
Innovation
New Technologies
Changes in
demographic structures
Global trends
Existing
Technologies
Strengthen
Global Business
4
Business Overview
Business by Category
Composition of
Net Sales
Strengths.
ＭａｒｋｅｔＳｈａｒｅ
Ｄｅｏｄｏｒｉｚｅｒｓ and
Air Fresheners
27％（2）
Ｒｅｆｒｉｇｅｒａｔｏｒ
Deodorizers
78％（1）
Salient Features
Existing Businesses
AIR Care
44％
44％
・Shoshu-Riki ・SHALDAN
・Dashu-Tan
CLOTH Care
21％
21％
・Mushuda
・Neopara
Mothproofing Agents
50％（1）
・Earnings Source
・Foundation Business
10％
10％
・Onpacks
（alliance product）
Disposable Warmers
16％（2）
・Winter Product
・Results Managed at the
Point-of-sale
11％
11％
・Family
・Hand Fleur
HUMIDITY Care
7％
・Drypet
・Bincho-Tan Drypet
HOME Care
7％
・Kome-Touban ・Powers
・Clear Forest
THERMAL Care
HAND Care
Strengthen
Global Business
Household Gloves
24％（2）
Dehumidifiers
38％（1）
・Growth Driver
・Foundation Business
・Sold Overseas for
Commercial use
・Market Created by the
Company
・Division Coordinating Efforts
to Nurture New Products
・The ratio of overseas sales is 7%. We strengthen global business, as another driver of growth.
Promoting Capital and
Business Alliances
・Concluded capital and business alliances with FUMAKILLA LIMITED and NS FaFa Japan Co., Ltd.
Promoting
New Businesses
・Group company Japan Aroma Laboratory Co., Ltd. commenced the Clear Forest business in conjunction with a
research institute in 2011.
Market share data is based on INTAGE Inc.’s “SRI Category with Filter.” (January to December aggregate; April to March aggregate for disposable warmers only)
5
Financial Highlights （１）
（１）
Net Sales
Operating Income
(Billions of yen)
(Billions of yen )
60
46.3
50
46.9
46.9
48.2
48.3
4
3
40
30
2
20
1.7
1.7
FY12
FY13
2.1
2.3
1.8
1
10
0
FY12
FY13
FY14
FY15
FY16
Profit attributable to owners of parent
1,233
1200
800
912
564
600
0
75
FY12
4
2
400
0
FY13
FY14
FY15
FY16
FY16
-2
ROA
6.1
6
892
1000
FY15
ROE
（％）
8
1400
FY14
ＲＯＥ / ＲＯＡ
(Millions of yen)
200
0
2.9
0.4
4.2
4.1
2.7
2.7
FY15
FY16
4.0
1.9
0.3
FY12
FY13
FY14
6
Financial Highlights （2）（Category
）（Category Information
Information）
nformation）
Overview by Products
Overview by Geographic Region
≪Net Sales by Products
Products ≫ (FY2016
FY2016)
≪Breakdown of Sales by Region≫
Region≫ （FY2016）
FY2016）
■ AIR Care
■ CLOTH Care
■ THERMAL Car
■ HAND Care
■ HUMIDITY Care
■ HOME Care
44％
21％
10％
11％
6％
7％
≪Market Share by Category
Category≫
ategory≫ (2015)
Market
Deodorizers and Air
Fresheners
Market Share
Rank
27 ％
2
Mothproofing Agents
50 ％
1
Dehumidifiers
38 ％
1
Refrigerator
Deodorizers
78 ％
1
Household Gloves
24 ％
2
Disposable Warmers
16 ％
2
■ Japan 93％
■ Overseas 7％
≪Net Sales by Overseas Region≫
egion≫ （FY2016 NonNon-Consolidated）
Consolidated）
■ Asia
■ U.S.
■ Europe
■ Other
24％
23％
37％
16％
Market share data is based on INTAGE Inc.’s “SRI Category with Filter.”
(January to December aggregate; April to March aggregate for disposable warmers only)
7
NonNon-Financial Highlights（
Highlights（ESG Information
Information）
nformation）
Environment Friendly Considerations : CO2 emissions
Stable Growth： Number of Employees
S.T. Group (in Japan)
（Number of employees）
（tons）
5,000
4,167
4,000
3,727
3,930
FY12
FY13
3,884
1000
900
800
700
600
500
400
300
200
100
0
3,752
3,000
2,000
1,000
0
FY11
FY14
FY15
The Status of Diversity： The Number of Female
Directors and the Ratio of Female Directors to Total Directors
Number
（Number）
12
8
4
2
0
（％）
60
44.4
10
6
%
25.0
2
FY12
30.0
3
FY13
37.5
33.3
3
FY14
4
FY15
50
40
30
3
FY16
20
647
663
FY12
FY13
760
FY14
859
860
FY15
FY16
The Status of Governance： The Number of Outside
Directors and Ratio of Outside Directors to Total Directors
（Number）
Number
12
10
8
6
4
10
2
0
0
50.0
4
50.0
5
55.6
55.6
5
5
（％）
%
80
50.0
4
60
40
20
FY12
FY13
FY14
FY15
FY16
0
8
Systems for Supporting
Management
Contents
１
Corporate Governance（１）・・・・・・・・・・・・・１０
２
Corporate Governance（２）・・・・・・・・・・・・・１１
３
Risk Management and Compliance
・・・・・・・・・・１２
9
Corporate Governance （1）
We consider that corporate governance is a “system for supporting”
the sustainable co-growth of enterprises and society.
≪Description of Corporate Governance≫
Governance≫
We consider that corporate governance is a “system for supporting” the sustainable cogrowth of enterprises and society. It is important to develop an environment for securing the
transparency and fairness of management facilitating active decision making, and disclosing
information properly. We recognize that shareholders, society and the environment entrust
us with valuable managerial resources, and aim to realize the sustainable growth of society
and the environment and create corporate value in the mid to long terms, in cooperation
with stakeholders, and will fulfill our accountability.
≪Development of Corporate Governance System≫
System≫
In June 2004, in order to enhance oversight function of the Board of Directors and the
quality of management and enrich management practices such as prompt decision-making
and agile execution of operation, the Company was reorganized into a company with
committees (currently company with three committees), which is more transparent and fair
and in which Outside Directors account for the majority of board members. In June 2008, a
female director was appointed for the first time, and in June 2016, female directors make up
33% of the board (2 out of 10 Executive Officers are also women). In addition, we appoint
Independent Outside Directors with a wide array of knowledge, experience and skills such as
marketing and accounting, etc. (The Company was selected as “Diversity Management
Selection 100 (2013)” (METI Minister Award).) In 2015, a board evaluation was also
conducted to improve the effectiveness of the Board.
2004: Company with Committees
2008: Appointment of Female Directors
2015: Evaluation of the Board of Directors
≪Overview of Corporate Governance≫
Governance≫
Governance Type
(Years ended March, 31.2016)
Company with three committees
Number of Board Members
8
Number of Outside Directors
Number of Independent Directors
Board Diversity
Number of Board Meetings
Held per Year
Average Attendance Rate
of Board Meetings
Director’s Term
4 (50%)
3 (Notified as the persons designated by
Tokyo Stock Exchange)
3 female directors (including 1 outside directors)
12
100%
1 year
Average Age of Directors
61.5 years old
Chairman and CEO
One person serving as both
5 members (3 outside directors; chaired by an outside
director; meetings held 1 times per year）
director; meetings held 7 times per year)
director, meetings held 4 times per year)
Nomination Committee
Audit Committee
Compensation Committee
≪Corporate Governance Structure≫
Structure≫
General Meeting of Shareholders
Strengthening
Corporate Governance
≪Remunerations of Directors and Executive Officers≫
Officers≫
Election/Dismissal
Election/Dismissal
Accounting Auditors
Accounting Audit
The Compensation Committee sets and determines the remuneration policy. The
remuneration system was revised on April 30, 2015 at the Compensation Committee, so that
executive will be able to align interests with shareholders as they seek sustainable mid- to
long-term growth of corporate value. Moving towards the goal of mutual interests with
shareholders, points are given to Executive Officers according to business results of each
term, and a share remuneration system is adopted where shares are provided upon their
retirement as part of a mid- to long-term incentive.
Audit Committee
Board of Directors
（Audit Committee Office）
Election/Dismissal
Internal Audit Group
Representative Executive Officers
Executive Officer Meeting
Executive Officers in Charge
Executive Officers in Charge
Operating Divisions
Group Companies
10
Corporate Governance （２）
（２）
≪Composition of Directors≫
Directors≫
(As of June 15, 2016)
Nomination
Committee
Directors
Chairman of the Board
Audit
Committee
Compensation
Committee
Takashi Suzuki※
●
Director （Outside Director）
○
Naoto Onzo
●
Director （Outside Director）☆
●
○
officer, President, COO
Noriyuki Watanabe
Takako Suzuki※
○
Kumiko Ishikawa※
○
Kouichi Yoshizawa※
Director
Managing Executive Officer
（five of whom are outside
directors）
Five
Four
Three
members
members
members
〇： Committee member
☆: Independent Outside Director
※
Strategy
Naoto Onzo
●
Kanichi Suzuki
Business Division and the Second Business
Tsukasa Konda
In charge of the Management Control Division and
the Manufacturing Division
Kumiko Ishikawa※
In charge of the Executive Creative Director
Koji Kage
Executive Officer
In charge of the International Marketing Division
Masami Kitahara
In charge of the Management Strategy Division and
responsible for Domestic Group Companies
In charge of the R&D Division
In charge of the International Sales Division
and responsible for Overseas Group Companies
Kouichi Yoshizawa※
Mikio Tsuji
Keiichi Hayasaka
Holds the concurrent position of director
(As of June 15, 2016)
Marketing
Global
Management
●
Sustainability
Accounting
Compliance/
Risk Management
●
●
●
●
Takako Suzuki※
Executive Officer
※：
Fuminobu Aruga
Noriyuki Watanabe
Overall management
Yo Kouzuki
●
Mitsuko Miyagawa
Takashi Suzuki※
In charge of the Sales Division
Executive Officer
≪Composition of Outside Directors≫
Directors≫
Management/
Overall management
Executive Officer
： Holds the concurrent position of executive officer
Name
Division and the Third Business Division
Executive Officer
Nine directors
(As of October 1, 2016)
Responsibilities
In charge of Division Management and the First
Mitsuko Miyagawa
○
Director
●： Chairperson
officer, Chairman, CEO
Representative Executive
Fuminobu Aruga
○
○
Director
Representative Executive
Kanichi Suzuki
○
Executive Officers
Name
○
≪Areas of Executive Officer Responsibility≫
Responsibility≫
●
●
●
Situation of concurrent position
Jun. 2010: Appointed an outside director of S.T. CORPORATION;
Professor and Dean of the School of Commerce at the Graduate
School of Waseda University. （concurrent positions）
Jun. 2009: Appointed an outside director of S.T. CORPORATION.
Aruga Tax Accountant Office and outside director of Cleanup
Corporation. （concurrent positions）
Partner of TMI Associates; Lecturer of Keio University Law
School; Auditor of Unilever Japan Holdings K.K.
Jun. 2016: Appointed an outside director of S.T. CORPORATION.
11
Risk Management and Compliance
≪Production of a Business Continuity Plan (BCP)≫
(BCP)≫
Internal Control
For internal control, we promote system development in order to secure the
adequacy of organizational business operation. In order to accomplish
organizational goals effectively, efficiently, and properly, opinions inside and
outside the company are constantly grasped and improvements are continuously
made, while organizing rules and business processes.
Risk Management
≪Risks S. T. Bears≫
Bears≫
It is one of key focuses of the board and senior management to recognize risks,
grasp the current status of each risk, and manage them properly and such
management of risk is indispensable in order to conduct businesses successfully
in a long period of time. The major risks S. T. faces are the effects of material
prices, the influences of natural disasters and international situations on
production, the uncertainty of sales due to weathers, and new businesses.
≪Risk Management System≫
System≫
For risk management, S. T. CORPORATION promotes the development of
systems for preventing various management risks and minimizing possible
damages. We established rules for risk management and organized the risk
management committee which covers the entire group including all subsidiaries,
in order to put in place the risk management system and set rules for how to
react to events. The risk management committee reports risk management
activities to the representative executive officer, the executive officer meeting,
and the audit committee, and the audit group checks to ensure these systems
work effectively.
S. T. CORPORATION has produced action plans for responding to disaster,
etc., and business continuity plans, including emergency drills, from the
viewpoint of social responsibilities.
Compliance
≪Policy for Compliance≫
Compliance≫
As for compliance, S. T. CORPORATION observes not only laws, but also
internal and external regulations, ethics, and social norms; fulfills social
corporate responsibilities by putting its management philosophy and codes of
conduct into practice; and strives to maintain and improve the trust of
stakeholders.
≪Compliance System≫
System≫
S. T. CORPORATION established the compliance committee, to report its
resolutions to the representative executive officer, the board of executive
officers, and related groups, and its activities to the audit committee.
≪InIn-Company Educational Activities≫
Activities≫
We conduct the following activities for enhancing employees’ awareness of
compliance further:
・To enact a code of conduct and a whistle-blowing center.
・To upload the collection of compliance-related cases to the Intranet.
・To distribute an email magazine and news for education to every office
of the company. (send once a month for each)
・To conduct company-wide questionnaire survey. (once a year)
・To conduct company-wide compliance test for self-checking. (twice a year)
12
Information by Business
Contents
１
AIR Care（Deodorizers・Air Fresheners）・・・・・・１４
２
CLOTH Care（Mothproofing Agents）・・・・・・・・・１５
３
THERMAL Care（Disposable Warmers）・・・・・・・・・１６
４
HAND Care（Household Gloves）・・・・・・・・・・・１７
５
HUMIDITY Care（Dehumidifiers）・・・・・・・・・・１８
６
HOME Care（Others）・・・・・・・・・・・・・・・・１９
７
Strengthen Global Business・・・・・・・・・・・・・２０
８
Promoting Capital and Business Alliances
９
Promoting New Businesses・・・・・・・・・・・・・・２２
・・・・・２１
13
AIR Care（
Care（Deodorizers/Air Fresheners）
Fresheners）
Trends in Market Scale and Share
Trends in Net Sales
(Air fresheners include the ones for vehicles, but do not include cleaners for clothes and toilet tanks.)
Market scale
(Billions of yen )
70
60
56.7
56.4
55.5
Share
56.0
55.7
50
40
30
20
10
26.2
25.8
0
2011
26.0
2012
26.5
25.5
2013
2014
2015
（％）
100
(Billions of yen )
25
80
20
60
15
40
10
20
5
0
0
19.9
20.4
20.4
20.3
21.1
FY12
FY13
FY14
FY15
FY16
Source: INTAGE Inc.’s “SRI Category with Filter.” （aggregate total for the January to December period）
Seasonal Indices
Salient Business Features and Strengths
Business bolstered by the positive effects of unique
television commercials and promotional activities that
continue to attract interest as topics of conversation
2014
（％）
14
12
10
8
6
4
9.8
6.5
7.0
6.2
Jan.
Feb.
9.4
9.5
9.9
8.7
9.2
9.5
9.7
7.5
8.1
Mar.
Apr.
May.
Jun.
Jul.
Aug.
6.1
6.3
8.5
2015
8.6
8.6
8.9
8.5
7.9
Sep.
Oct.
Nov.
7.6
8.6
9.4
2
0
Dec.
Source: INTAGE Inc.
Shoshu-riki
for entrances and
living rooms
Shoshu-riki
spray
SHALDAN
Suteki Plus
Dashu-Tan
14
CLOTH Care（
Care（Mothproofing Agents）
Agents）
(Billions of yen )
25
20.5
20
15
10
20.7
20
45.0
Market scale
Share
20
19.8
50.1
48.3
45.5
45.1
Trends in Net Sales
（％）
120
100
80
60
40
5
0
(Billions of yen )
20
2011
2012
2013
2014
2015
0
12.0
9.0
9.0
9.8
10.3
10.4
10.1
FY13
FY14
FY15
FY16
6.0
3.0
0.0
FY12
Source: INTAGE Inc. （aggregate total for the January to December period）
Seasonal Indices
（％）
Business bolstered by the positive effects of unique
television commercials and promotional activities that
continue to attract interest as topics of conversation
2014
2015
19.1
21
18
15
11.3 12.2
15.6
14.2
12
9
6
3.1
3.9
2.9
Jan.
3.9
Feb.
3
0
12.2
10.1
7.4
Mar.
Apr.
May.
9.0
8.0
Jun.
5.4
4.8
5.5
5.2
Jul.
Aug.
13.6
9.7
6.6
6.6
Sep.
Oct.
Nov.
4.4
5.3
Dec.
Source: INTAGE Inc.
Mushuda
Mushuda
（cover style）
Fragrant
Mushuda
Neopara Ace
15
THERMAL Care（
Care（Disposable Warmers
Warmers）
armers）
Trends in Net Sales
(Excluding Medical Use)
(Billions of yen )
Market scale
50
37.5
36.5
40
Share
34.4
32.3
30
30
20
20.6
19.6
10
0
2011
2012
18.1
18.5
16.0
2013
2014
2015
（％）
100
80
60
40
20
0
(Billions of yen )
8
7.2
6.8
6
6.0
6.0
4.9
4
2
0
FY12
FY13
FY14
FY15
FY16
Source: INTAGE Inc.’s “SRI Category with Filter.” （aggregate total for the April to March period）
Seasonal Indices
（％）
2014
30
25
20
13.9
15
10
5
0
-5
4.8
23.5 22.0
28.0
18.2
19.5
15.9
11.4
Nov.
9.2
7.8
5.5
Oct.
2015
Dec.
Jan.
Feb.
Mar.
2.6
3.6
Apr.
1.5
1.1
0.9
0.8
1.7
1.7
May.
1.6
Jun.
1.5
Jul.
1.5
Aug.
2.0
Sep.
Source : INTAGE Inc.
Haru-Onpacks
（adhesive type）
Onpacks
（non-adhesive type）
Onpacks （adhesive Medical Jeen
type for socks）
16
HAND Care（
Care（Household Gloves）
Gloves）
Trends in Household Glove Market Scale and Share
(Billions of yen )
Market scale
14
12
10
8
6
0
23.0
2011
22.5
2012
24.4
23.5
2013
2014
2015
(Billions of yen )
（％）
100
6
80
5
60
24.0
4
2
9.8
9.6
9.2
9
8.6
Share
Trends in Net Sales
40
4
3.8
4.2
4.3
FY13
FY14
5.3
5.0
3
2
20
1
0
0
FY12
FY15
FY16
Seasonal Indices
2014
（％）
21
2015
18
14.5
15
12
8.0
8.0
7.2
Jan.
Feb.
9
6
3
0
10.3
8.8
8.8
6.7
7.4
6.9
6.8
6.8
7.0
7.8
8.0
8.3
8.1
7.6
7.7
7.5
7.8
8.5
Mar.
Apr.
May. Jun.
Jul.
Aug. Sep. Oct. Nov. Dec.
12.2
9.0
Source: INTAGE Inc.
Family
Family Medium-Thick
（fingertip-reinforced）
Soft Feeling
Family
Hyaluronan
Family Medium-Thick
Rubber Grove with
sleeves
17
HUMIDITY Care （Dehumidifiers）
Dehumidifiers）
(Billions of yen )
Market scale
10
7.6
7.5
5
Trends in Net Sales
7.6
34.0
7.6
31.6
Share
8.1
7.6
（％）
100
80
38.4
34.1
31.2
(Billions of yen )
2.5
60
40
20
0
2011
2012
2013
2014
2015
0
4
3
2.5
2.3
2.5
2.9
3.2
2
1
0
FY12
FY13
FY14
FY15
FY16
Seasonal Indices
（％）
16
14
12
10
8
6
4
2
0
2014
12.4
9.2
4.3
3.8
8.9
10.9
6.0
8.2
10.8
Apr.
May. Jun.
11.1
11.9
9.4
3.7
Jan.
Feb.
Mar.
9.8
11.0
9.1
7.2
9.4
6.9
5.9
4.0
10.1
2015
Jul.
8.2
7.9
Aug. Sep. Oct. Nov. Dec.
Source: INTAGE Inc.
Drypet Compact
Source: S.T. CORPORATION
Drypet
Sheet-Type
Bincho-Tan
Drypet for
shoes
Drypet
Sheet for comfy
bedding
18
HOME Care（
Care（Others）
Others）
Trends in Washing Tub Cleaner Market Scale and Share
(Billions of yen )
Market scale
8
6
4
2
0
4.1
4.3
4.5
Share
（％）
100
5.7
5.0
11.9
11.1
10.4
9.5
8.6
2011
2012
2013
2014
2015
(Billions of yen )
5
80
4
60
3
40
2
20
1
0
0
Trends in Net Sales
Trends in Rice Storage Insect Infestation Protection
Product Market Scale and Share
67.8
59.4
71.9
Market scale
Share
74.1
75.6
（％）
100
80
60
1.3
1.5
1.4
1.3
1.6
40
20
2011
2012
2013
2014
2015
0
Source: S.T. CORPORATION （aggregate total for the January to December period）
(Billions of yen )
5
4
3.7
3.1
3.3
3.4
3.5
FY13
FY14
FY15
FY16
3
2
1
0
Launch of Air Counter
FY12
Ultra-Powers
Washing Tub
Cleaner
KomeTouban
Ohisama no Sentaku
Clear Forest
In-car type
19
Strengthen Global Business
Trends in Overseas Sales and the Ratio
of Overseas Sales to Total Net Sales
Overseas sales
(Billions of yen )
4
3
2.3
2
1.6
3.5
3.9
FY12
FY13
1
0
1.8
5.0
Breakdown of Sales by Overseas Region
(Non-Consolidated) (FY2016)
Ration of overseas sales to total net sales
20
（％）
3.4
3.1
15
7.2
6.5
10
FY15
FY16
24％
■ U.S.
23％
■ Europe 37％
5
FY14
■ Asia
■ Other 16％
0
Overseas Bases
Country
South
Korea
Company Name
Aekyung S.T. Co., Ltd.
（South Korea）
Sale of deodorizers and air
fresheners/household goods
S.T. Korea Corporation
（South Korea）
Production of deodorizers and air
fresheners/dehumidifiers
Taiwan
Family Glove Co., Ltd. （Taiwan) ※1
Production and sale of gloves
Thailand
S.T. （Thailand） Co., Ltd.※2
Production of deodorizers and air
fresheners/gloves
Shaldan （Thailand） Co., Ltd.
Production and sale of deodorants and
homecare products
Shaldan （Philippines）, Inc.
Production and sale of mothproofing
agents/deodorizers and air fresheners
The
Philippines
①
Principal Business Activities
Notes:1. ISO14001/9001-certified plants
②
③
2. ISO9001-certified plants
④
①[South Korea]
・Aekyung S.T. Co., Ltd. （South Korea）
・S.T. Korea Corporation（South Korea）
②[Taiwan]
・Family Glove Co., Ltd. （Taiwan） ※1
③[Thailand]
・S.T. （Thailand） Co., Ltd. ※2
・Shaldan （Thailand） Co., Ltd.
④［The Philippines]
・Shaldan （Philippines）, Inc.
20
Promoting Capital and Business Alliances
Taking full advantage of the complementary nature of the three companies’ operating domains, efforts
are being made to ensure mutual growth and development as well as increased profitability.
5.00%
Details of the Business Alliance
NS FaFa Japan
Co., Ltd.
Development: (Joint research and development utilizing the research technologies and
know-how of all three companies)
Sales and Marketing: (Mutual use of each company’s sales and marketing channels in
Japan and overseas; sales promotional support as well as joint activities)
Procurement: (Mutual use of each company’s manufacturing facilities in Japan and
overseas; reduction in costs through the sharing and standardization of materials
across-the-board)
Logistics: (Reduction in costs through the mutual use of logistics infrastructure)
Ｏｔｈｅｒ:
Ｏｔｈｅｒ:
S.T. CORPORATION
Business
Details
Strengths
FUMAKILLA LIMITED
25.00%
FUMAKILLA
LIMITED
10.48%
2.35%
S.T. CORPORATION
Shareholding ratios (as of March 2016)
NS FaFa Japan Co., Ltd.
Production and sale of deodorizers
and air fresheners/mothproofing
agents/gloves/dehumidifiers and
related products
Production and sale of
pesticides/household
products/gardening supplies and
related products
Production and sale of clothing
detergents/fabric softeners/personal
care products
◎ Shoshu-Riki series
◎ Mushuda series
◎ Drypet series
◎ Vape series
◎ Barrier series of insect repellents
◎ Kadan series
◎ FaFa series
◎ WORKERS series
◎ “make a new habit !” series
☆ Boasts numerous leading brands
☆ Outstanding marketing and sales
capabilities
☆ Excellent research and development
☆ Strong expertise in developing
capabilities
environmentally conscious products
☆ Ratio of overseas sales to total
☆ Boasts numerous annual merchandise
sales: 20%
21
Promoting New Businesses
Addressing Social and Environmental Issues Through Collaboration With Research Institutes and Local Communities
Comparative Analysis of the Nitrogen Dioxide
Removal Capability Using Essential Tree Oil Gas
The Four Effects of a
Functional Tree Extract
・Reduce air pollution
・Promote an antioxidant function
・Eliminate odors
・Promote a forest bathing effect
The S.T. CORPORATION Group’s Japan Aroma Laboratory Co., Ltd. has
been working in cooperation with the Forestry and Forest Products
Research Institute to research and develop functional tree extracts. This
Hiba oil
initiative also marked the start of our technology brand called the Clear
Forest.
Japanese cypress oil
This functional tree extract helps to purify the air of car exhaust and other
Cedar oil
emissions while reducing environmental air-borne pollutants such as
nitrogen dioxide （NO2）, which are recognized as a major cause of poor
Eucalyptus oil
health including asthma. Moreover, the functional tree extract boasts other
Sakhalin fir leaf oil
positive attributes including an antioxidant function and a forest bathing
effect while facilitating the elimination of odors.
Japanese cypress leaf oil
In the Clear Forest business, we aim to create a new market, cooperate
Cedar leaf oil
with existing business sections, and so on, based on the new value of
purifying such contaminated air.
Collecting and Transporting
Residual Materials
・Collect foliage and trimmings
（residual materials）abandoned
in forestlands
・Transport
Partners
Intellectual
Property
Extracting Essential Liquid
and Purified Water
Crushing and Packaging
⇒
Operating Details
⇒
・Sort residual materials and
package into bags for removal
・Extract
・Manage
HOKUTO Co., Ltd
The transportation of residual
forestland materials, other
■ 30 minutes after mixing
Removal ratio（%）
Overview of the Clear Forest Business
Operating
Process
■ 120 minutes after mixing
Extraction equipment, other
Quality Control
⇒
Developing Products
⇒
・Check ingredient quality
・Check for controlled
substances
JIRA （essence）
Japan Aroma Laboratory
Co., Ltd
・Develop, manufacture, and
market products
S.T. CORPORATION
Ingredients, other
22
Sustainability
Contents
１
Policy of Sustainability・・・・・・・・・・・・・・２４
２
Basic Information ・・・・・・・・・・・・・・・・・２５
３
Creation of Corporate Values・・・・・・・・・・・・２６
４
Materiality ・・・・・・・・・・・・・・・・・・・・２７
５
Sustainability Overview ・・・・・・・・・・・・・・２８
23
Policy of Sustainability
We Aim to Achieve Sustainability, by Meeting the Requests and Expectations from Stakeholders with Sincerity
The Company considers sustainability as “actions for the mutual development of the
Company and society”. Our business utilizes valuable resources provided by
stakeholders, and we are aware that these resources are entrusted to the Company
with the expectations that they will be properly managed. In order to meet the
expectations, we will work on “Social Requirements (Social Responsibility)” and
“Social Expectation (Value Creation using ‘an identity of S.T.’)”. Through
engagement we aim at mutual development with society by receiving a proper
understanding of the Company and continuous support from society.
Policy
Major Activities
Social Expectation
(Value Creation)
Creation)
Corporate
Governance
Social Requirements
(Social Responsibility)
Details
Creation of economic value by Air Care Business
Social Expectation
(Value Creation)
Solving social issues by Air Care Business
Sustainability
Social Requirements
Responding to the factors that influence the sustainability of society
and the environment
Corporate Governance
Systems for Supporting Creation of Sustainable Corporate Values
24
Basic Information
Corporate Philosophy
Management Philosophy
1．To fulfill our mission of giving our service to society
and earning society's trust, S.T. constantly works to
improve its products, and to create unique products that
our customers can trust absolutely.
誠実
Sincerity
2．To achieve the company's sustained prosperity, S.T.
ensures its workplaces provide an environment where its
employees can earnestly work with hope and pride.
3．Always valuing harmony and courtesy, S.T. strives to
be the best company as regards winning the absolute
trust of our customers, other concerned people and
society at large.
Corporate Slogan
“Refreshing the Air”
We want to refresh the air in your home and your life.
We want to refresh the air in your store and your office.
We want to refresh the air all over Japan.
As a first step, we’re refreshing the air around us.
With a refreshing approach to research and products.
A refreshing attitude in our marketing and sales.
And refreshingly new concepts in our advertising and
publicity.
We’re always offering our customers new proposals.
Proposals that help by refreshing the air.
Origin of the Company’s Name
≪Derivation of the Company Name≫
Name≫
The “ST” of S.T. Corporation derives from a formulation of the first tenet of our management philosophy: our mission
of giving our Service to society and earning society’s Trust, and of creating Super Top products.
≪The Baby Chick Logo≫
Logo≫
Familiar to and enjoyed by many of our customers, our baby chick corporate logo symbolizes S.T. Corporation.
The logo reflects our corporate stance of being healthy, refreshing, sincere, modest and always happily facing up to the
next challenge.
≪Innovative and Creative Products≫
Products≫
In 2006 S.T. took the opportunity of the 60th anniversary of its founding to adopt the new corporate slogan of
“Refreshing the Air.” This slogan encapsulates our vision of refreshing the air throughout the world by providing
innovative and creative products through all our business activities.
25
Creation of Corporate Values
Create a new market by responding to
the demand and expectation from society
Toward a Bright and Vibrant Life
【Creating New Markets】
Markets】
Creating Corporate Value
Check
Sh
ar
eh
old
er
s
Co
rp
or
at
e
Go
ve
rn
an
ce
Accelerator
【Changing Consumer Needs】
Needs】
Risks (opportunities)
(opportunities)
M
an
ag
em
en
t
1946
Mothproofing
Agents
1960
Gloves
1981
Dehumidifiers
1971
Deodorizers
1999
Air Fresheners
2011
Radiation
Detector
2013
Air Purifying
Agents
Engine
Air Business
Frontline
Capabilities
The ability to quickly uncover
needs that consumers are yet
to fully realize
Development
Capabilities
The ability to develop products
that seize people’s imagination
when they hear about, see, and
use them in a timely manner
Power of
Communication
Corporate communications
undertaken at the initiative of top
management and television
commercials that resonate with the
marketplace
Anxieties
Anxieties
Rich and affluent
Anxieties regarding
regarding moth-
regarding
proposals in the
the buildup of
eaten clothing in
damage to the
period of high
moisture and
air fresheners to
the aftermath of the
the post-war
hands from
economic growth
humidity in houses
deodorizers
earthquake disaster
period
the use of
closed for extended
powerful
periods
Shift in market
Growing anxieties
needs from aromatic regarding radiation in
Em
plo
ye
es
Growing anxieties
regarding air
pollution
detergents
Consumers ・ Business Partners ・ the Environment ・ Local Communities
26
Materiality
Materiality information
Based on the demands from stakeholders including consumers, business
partners, employees, communities, the global environment, shareholders and
investors, the Company disseminates materiality information that will be
valuable for both the stakeholders and the Company. The materiality is
Materiality of S.T. Corporation
Information with the high level of materiality
for stakeholders and the Company
Materiality
regularly reviewed through engagement with the stakeholders.
Materiality of Stakeholders
Major Activities
Social Expectation
(Value Creation)
Social Requirements
Materiality
Details
Utilization of unique air-care technologies
[Solving Social Issues]
<Products> [Ensure healthy lives (Creation of a new market “air purifiers”)]
<Community> [Sustainable industrialization (new employment), Sustainable manage forests]
Provision of safe, reliable products to
consumers
[Consumer Issues]
・Protecting consumers' health and safety
・Fair marketing, factual and unbiased information and fair contractual practices
・Consumer service, support, and complaint and dispute resolution
・Consumer data protection and privacy
Securing and training of personnel
[Labor Practices]
・Employment and employment relationship
・Human development and training in the workplace
・Social dialogue
・Conditions of work and social protection
・Health and safety at work
Efforts based on environmentally
conscious products, manufacturing and
distribution processes
[Environment]
・Climate change mitigation and adaptation
・Prevention of pollution
・Sustainable resource use
27
Sustainability Overview
Major Activities
Social
Expectation
(Value
Creation)
Social
Requirements
(Social
Responsibility)
Materiality
Utilization of unique air-care technologies [Solving Social Issues]
S.T. is developing products that could make the living of customers more
comfortable with air, and proceeding with the air purifying business based
on new technologies. Since “SDGs”, there are growing social requirements
and expectations for “solving social issues”, and the S.T. Group considers
that tackling these issues would lead to the creation of corporate value.
Provision of safe, reliable products to consumers [Consumer Issues]
We consider that the manufacturers of daily necessities have a social
mission to make the living of consumers more comfortable and an
important obligation to offer safe, reliable products and services. If an
enterprise loses the satisfaction and trust of consumers, it will become
unable to survive. We recognize it, and take various measures.
Securing and training of personnel [Labor Practices]
Amid the significant turning point, including demographic changes and
globalization, if we cannot secure competent personnel who can respond to
such changes, we will not be able to create corporate value sustainably.
The S.T. Group recognizes this, and is improving employment and labor
environments.
Efforts based on environmentally conscious products, manufacturing and
distribution processes [Environment]
S.T. Group (in Japan) actively engages in the countermeasures for climate
change, which is required globally, and tackles various environmental issues
that would be influenced by business activities.
Overview of Fiscal 2015 and Strategies Going Forward
<Products> [Ensure healthy lives (Creation of a new market “air purifiers”)] Received the 40th
Harushige Inoue Award and the “Award for Excellence” at the Japan Resilience Award 2016
(hosted by the Association for Resilience Japan).
<Community> [Sustainable industrialization (new employment), Sustainable manage forests]
Concluded a comprehensive collaboration agreement with Kushiro City.
[Protecting consumers' health and safety] Through PL Committee, etc., managed and shared
the quality of the products.
[Fair marketing, factual and unbiased information and fair contractual practices] Provided the
products/useful information, quality information, and other information, on its website etc.
[Consumer service, support, and complaint and dispute resolution] Received the “award for
excellence” at the 19th Corporate Telephone Manner Contest (hosted by Japan Telecom Users
Association) for the second consecutive year.
[Consumer data protection and privacy] Under the policies for personal information protection
and privacy, developed a management system and keep checking it regularly.
[Employment and employment relationship] Promoted diversity. It made efforts to establish
systems where diverse workforce can thrive and nurture corporate culture that enhances
driving force with brand value management.
[Human development and training in the workplace] Promoted compliance that corresponds with
the society’s expectations as the embodiment of the brand and CSR. It will continue
implementing the S. T. Reform (STR) and human resource development.
[Social dialogue] Promoted mutual understanding between management and employees such as
labor union.
[Conditions of work and social protection] Encouraged employees to have a good work-life
balance. Also encouraged employees to enjoy benefits such as maternity leave and childcare
leave.
[Health and safety at work] Promoted activities to protect health and safety of employees. The
Business Continuity Plan (BCP) included plans in preparation for disaster and disaster drills.
[Climate change mitigation and adaptation] CO2 emission was 3,688t. We will explore ways to
utilize renewable resources.
[Prevention of pollution] Waste products generation has been reduced.
[Sustainable resource use] Successfully reduced the amount of power usage.
28
Company Information
Contents
１
Company Outline ・・・・・・・・・・・・・・・・・・３０
２
Business Offices
３
Organizational Structure
４
History （Foundation to 2000）
５
History （2001 to 2010）
６
History （2011 to the Present）・・・・・・・・・・３５
・・・・・・・・・・・・・・・・・３１
・・・・・・・・・・・・・３２
・・・・・・・・・・３３
・・・・・・・・・・・・・３４
29
Company Outline
（As of March 31, 2016）
（As of March 31, 2016）
Affiliated
Companies：
Consolidated Subsidiaries：
Subsidiaries：
Company Name：
S.T. CORPORATION
Headquarters：
4-10, Shimo-ochiai 1-chome, Shinjuku-ku, Tokyo
161-8540, Japan TEL.03（3367）6111
・S.T. Trading Co., Ltd.
Establishment：
August 1948
・S.T. Business Support Co., Ltd.
Account Settlement
Date：
March 31
・S.T. （Thailand） Co., Ltd.
Paid-in Capital：
¥7,065,500,000
Employees：
Stock Listing：
・Family Glove Co., Ltd.（Taiwan）
・S.T. Korea Corporation （South Korea）
Consolidated: 860/Non-consolidated: 406
（excluding part-time and temporary employees）
First Section, Tokyo Stock Exchange
・Shaldan （Thailand） Co., Ltd.
NonNon-Consolidated Subsidiary Companies Not Accounted for by
the Equity Method：
Method：
・Japan Corporation Co., Ltd.
・Japan Aroma Laboratory Co., Ltd.
・S.T. Glove Co., Ltd.
Affiliated Companies Accounted for by the Equity Method：
Method：
・Shaldan （Philippines）, Inc.
・Aekyung S.T. Co., Ltd. （South Korea）
・NS FaFa Japan Co., Ltd.
Other Affiliated Company：
Company：
・Shaldan Co., Ltd.
Headquarters（STR CENTER）
30
Business Offices
（ As of March 31, 2016 ）
Headquarters （STR CENTER）
1-4-10 Shimo-ochiai, Shinjuku Ward, Tokyo 161-8540
Tel 03(3367)6111
R&D Center
Tel 03(3367)6111
Volume Merchandising Sales
Departments 1 & 2
Tel 03(3367)2096
Fax 03(3367)2097
Yokohama Office
2F Ichigo Shinyokohama Building 3-17-5 Shinyokohama, Kohoku Ward, Yokohama City, Kanagawa Prefecture 222-0033
Tel 045(473)0221
Fax 045(472)5658
Sapporo Branch
8F CARP Sapporo Building 7-1 Kita-Ichijo Nishi, Chuo Ward, Sapporo City, Hokkaido 060-0001
Tel 011(210)0031
Fax 011(210)0020
Sendai Branch
2F HF Sendai Honmachi Building 1-11-1 Honcho, Aoba Ward, Sendai City, Miyagi Prefecture 980-0014
Tel 022(227)1431
Fax 022(227)1831
Tokyo Branch
Tel 03(3367)2041
Fax 03(3367)2042
Kanto Branch
5F Yamanao Building 5-3-2Higashiomiya, Minuma Ward, Saitama City, Saitama Prefecture 337-0051
Tel 048(688)7730
Fax 048(688)6652
Nagoya Branch
7F Nishiki SIS Building 3-10-33 Nishiki, Naka Ward, Nagoya City, Aichi Prefecture 460-0003
Tel 052(684)4300
Fax 052(684)4335
Kanazawa Sales Office
16-10 Kasaichi-machi, Kanazawa City, Ishikawa Prefecture 920-0851
Tel 076(223)5631
Fax 076(234)8083
Osaka Branch
3-5-15 Tarumi-cho, Suita City, Osaka Prefecture 564-0062
Tel 06(6190)2275
Fax 06(6190)2276
Hiroshima Branch
Maruhide Building 1-6-13 Yokogawa-cho, Nishi Ward, Hiroshima City, Hiroshima Prefecture 733-0011
Tel 082(293)1671
Fax 082(291)1450
Takamatsu Sales Office
Sunflower-dori Higashi Building I 1511-1Tahishimo-machi, Takamatsu City, Kagawa Prefecture 761-8075
Tel 087(869)0860
Fax 087(869)0901
Fukuoka Branch
2F Echo Building 2-13-34 Hakataeki-higashi, Hakata Ward, Fukuoka City, Fukuoka Prefecture 812-0013
Tel 092(472)1600
Fax 092(473)6186
Fukushima Plant
14-5 Onahamasumiyoshi aza nishi oki, Iwaki City, Fukushima Prefecture 971-8124
Tel 0246(58)4455
Fax 0246(76)0025
Saitama Plant
138-1 Kyoei, Honjo City, Saitama Prefecture 367-0037
Tel 0495(24)1221
Fax 0495(25)1510
Kyushu Plant
1-7-4 Shinmoji, Moji Ward, Kitakyushu, Fukuoka Prefecture 800-0115
Tel 093(481)3841
Fax 093(483)1260
Kyushu Plant, Kokura Office
4-7-18 Kuzuhara-higashi, Kokuraminami Ward, Kitakyushu, Fukuoka Prefecture 800-0206
Tel 093(474)5080
Fax 093(471)0229
[Operating Bases]
[Manufacturing Bases]
31
Organizational Structure
（As of October 1, 2016）
General Meeting of Shareholders
Board of Directors
Representative Executive Officer,
Chairman, CEO
Audit Committee
（Audit Committee Office）
Representative Executive Officer,
President, COO
Internal Audit Group
Executive Officer Meeting
Overseas Group Companies
Domestic Group Companies
Corporate Administration Division
Management Strategy Division
International Sales Division
International Marketing Division
Sales Division
Manufacturing Division
Research and Development Division
Corporate Communication Division
Third Business Division
Second Business Division
First Business Division
32
History (Foundation to 2000)
Company Milestones
Deodorizers ・ Air Fresheners
Mothproofing Agents
1946 S.T. Chemical Plant founded
1946 Commences the production of
1948 Establishes S.T. Chemical Industries Co., Ltd.
mothproofing agents
Suishounou
Dehumidifiers
Gloves ・ Warmers ・ Other
at the Time of
Foundation
1960 Launches household gloves Jab
and Family
1964 Establishes Saitama Plant in Honjo City, Saitama
Prefecture
1971 Launches deodorants
1974 Establishes Iwaki Plant in Iwaki City, Fukushima Prefecture
Air Shaldan and Shaldan Ace
1976 Launches mothproofing agent
Neopara Corner
1978 Launches deodorizer Shaldan Liquid
Neopass
Neopara Ace
1981 Launches dehumidifier Drypet
1982 Changes company name to S.T. Chemical Co., Ltd
1983 Launches deodorizers My Shaldan
and Shaldan Stained
1984 Public offering of shares for OTC trade with the Japan
1984 Launches dehumidifier Drypet for
Securities Dealers Association
1988 Launches mothproofing
1986 Shares listed on Second Section of Tokyo Stock Exchange
wardrobes
agent Mushuda
1988 Establishes joint venture Family Glove Co., Ltd. （Thailand）
Establishes joint venture Family Glove Co., Ltd. （Taiwan）
1988 Launches the dehumidifier Drypet
Establishes joint-venture company Shaldan （Thailand） Co., Ltd.
Skitto （disposable）
Establishes Moji （Kyushu） Plant in Kita-Kyushu City, Fukuoka
Prefecture
1991 Shares designated for First Section of Tokyo Stock
Exchange
1994 Launches the mothproofing agent
1993 Establishes Shaldan （Philippines）, Inc.
Mushuda （cover style）
1994 Launches the cleaner UltraPowers Washing Tub Cleaner
1995 Establishes Japan Corporation Co., Ltd.
1998 Launches the “lean yet robust company” as well as
1997 Launches mothproofing
“selection and focus” initiatives （Takashi Suzuki, president）
agent Mushuda for closets
1999 Relocates Osaka Branch to Suita City, Osaka
2000 Splits off S.T. Trading Co., Ltd.
1999 Launches deodorizer Shoshu-Pot
2000 Launches deodorizer
Mushuda one-year mothproofing
Shoshu-Riki and
air freshener Dashu-Tan
33
History (2001 to 2010)
Company Milestones
2001 Establishes S.T. R&D Center
2001 Launches plug-type electronic
2002 Consolidates 3 plants and 5 bases
deodorizer Shoshu-Plug
Mothproofing Agents
Dehumidifiers
2002 Launches the dehumidifier Drypet
Compact
in Japan to 3 bases
2003 Splits off S.T. Auto Co., Ltd.
Mushuda （cover style）
Forms sales and office-work tie-up with Mycoal Co., Ltd.
2003
2004 Commences Refreshing the Air Project
rice bins Kome-Touban
2004
Establishes Japan Aroma Laboratory Co., Ltd.
Launches the dehumidifier
Launches the insect repellent for
and the warmer Onpacks
Bincho-Tan Drypet
Forms sales and office-work tie-up with Sumitomo 3M Limited
Adopts Company With Committees system
Establishes 3M S.T.Hanbai Co., Ltd.
2005 Launches “Washing the Air”
2005 Manufactures and sells deodorants and air fresheners
Air-Wash Mist spray
at ＰT. FUMAKILLA INDONESIA
2006 Launches plug-type
Establishes S.T. Business Support Co., Ltd.
electronic deodorizer
2006 Commences sales at U.S.-based Walmartstores
Shoshu-Plug Illuminated
2005
Bincho-Tan Drypet for shoes
Mushuda for walk-in closets
（Dehumidifiers ・ Air Fresheners）
2007 Forms office-work tie-up
2008 Launches electronic
with Aekyung Industrial Co., Ltd.
deodorizer Shoshu-Plug
and ITOCHU Korea Ltd. in South Korea
Autospray
2006
Bincho-Tan Drypet Futon Kaiteki
Sheet
2007 Launches the cleaner
Powers Baking Soda Scrubber
2008 Launches the dish-washing
detergent FRESH-UP
Establishes Aekyung S.T. Co., Ltd.
Establishes S.T. Korea Corporation
Reforms corporate organization after establishing new business
framework（Kaonzo Kobayashi, president）
Changes corporate name to S.T. Corporation
2009 Launches the “design revolution” as well as “workplace
reform ” initiatives （Takashi Suzuki, president）
2009 Complete design renewal of
Shoshu-Plug Autospray and Shoshu-Plug
2010 Launches the “fragrance revolution”
under the Design Revolution
Kaori Mushuda
and “S.T. Reformation”
2010 Launches the stick-type air
Entering into an Alliance
freshener My Aroma Stick
2010
with FUMAKILLA LIMITED
and the deodorizer
Bincho-Tan Drypet for boots
Terminates sales and business alliance
Gomi bako no Shoshu-Riki
2010 Launches the
ion generator Virus Attacker
and the shoe
cleaner
Ohisama no Sentaku
with Sumitomo 3M Limited
34
History (2011 to the Present)
Company Milestones
Mothproofing Agents
Dehumidifiers
2011 Commences
2011 Launches the insect repellant
2011 Launches the futon spray
the Clear Forest business
deodorizer Gomi bako no Shoshu-Riki
Ohisama no Shoshu, an automatic
Kobae yoke kouka Plus
electrically powered insect repeller,
and the household radiation
detector Air Counter
2012 Concludes a three-company
capital and business alliance
2012 Launches the
with NS FaFa Japan Co., Ltd.
household radiation detector
Air Counter S
2013 Completion of the Company’s
Aroma humidifier moistpet
headquarters （STR CENTER）
2013 Clear Forest Car
2014 Changes company name
form Family Glove Co.,Ltd.(Thailand)
Kuruma no Shoshu-Riki
to S.T.(Thailand)Co.,Ltd.
Conducts an absorption type merger
of S.T.Auto Co.,Ltd.
2015 Conducts an absorption type merger
of Japan Corporation Co., Ltd.
SHALDAN
35

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